According to a market report by Lucintel, the future of the global monoethylene glycol market looks promising with opportunities in the textile, packaging, automotive, chemical processing, and oil & gas markets. The global monoethylene glycol market is expected to grow with a CAGR of 7.1% from 2025 to 2031. The major drivers for this market are the increasing need for antifreeze & coolant products, the rise in construction & infrastructure activities, and the growing environmental concerns promoting sustainable production processes.
A more than 150-page report to understand trends, opportunity and forecast in monoethylene glycol market to 2031 by type (fiber, PET, antifreeze & coolant, film, and others), application (textiles, packaging, automotive, chemical processing, and oil & gas), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, fiber is expected to witness the highest growth over the forecast period.
Within the application category, textile is expected to witness the highest growth.
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In terms of region, APAC is expected to witness the highest growth over the forecast period.
SABIC, MEGlobal, Shell, Dowdupont, Reliance Industries, BASF, PTTGC, Sibur, Lotte Chemical, Eastman are the major suppliers in the monoethylene glycol market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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