Asia Ethylene Glycol Market: Huge Market with Scope and Rising Demand for Ethylene Glycol.

Ethylene Glycol (EG) is an organic compound which is highly reactive and it is used as a monomer in the production of polyesters and PET (the plastic used in water and beverage bottles packaging). There are three categories of ethylene glycol such as mono-ethylene glycol (MEG), diethylene glycol (DEG) and triethylene glycol (TEG).

In Asia Ethylene Glycol Market, MEG is produced by the noncatalytic liquid-phase hydration of ethylene oxide. MEG arises by adding EO to water and then is heated to 190˚C, after which the blend is dispensed into a reactor. The reactor, in addition to heat, carries significant compression to the EO input. DEG and TEG are coproducts with ethylene glycol in this procedure. MEG has several properties such as chemical intermediates for resins, humectants, solvent coupler, freezing point depression and solvent.

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The Asia Ethylene Glycol Market has applications such as Ethylene Glycol which is primarily used as a raw material in the manufacture of polyester fibers and fabric industry, and polyethylene terephthalate resins (PET) used in bottling. A small percent is also used in other applications such as antifreeze, Dewatering agent, Coolant and heat transfer agent, precursor to polymers, hydrate inhibition etc.

The main factor owing to the growth of Asia Ethylene Glycol Market is growth in usage of plastics (PET) in the food and beverages packaging sector. As per the recent trends, approximately 60% of PET consumption will come from the packaged beverages sector in 2015.

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In terms of products type in the Asia Ethylene Glycol Market, Mono-ethylene glycol is dominating the market followed by diethylene glycol (DEG) and triethylene glycol (TEG).

Asia Ethylene Glycol Market report by IndustryARC suggests that, even though the production of Ethylene Glycol is highest in APAC...