Monoethylene Glycol Market: Growing Demand from Asia Pacific to Drive Market at 6.1% Cagr During 2015-23

Transparency Market
Research
Monoethylene Glycol Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast
2015 - 2023

Published Date
18-Aug-2015

121 Page Report

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Press Release

Global Monoethylene Glycol Market: Growing Demand from
Asia Pacific to Drive Market at 6.1% CAGR during 2015-2023 :
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Monoethylene Glycol Market

REPORT DESCRIPTION
Monoethylene Glycol Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015
- 2023
According to a recent market research report published by Transparency Market Research, the global
monoethylene glycol market is estimated to expand at a CAGR of 6.1% during the period between 2015 and
2023. The report, titled “Monoethylene Glycol Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2015 - 2023,” projects the global monoethylene glycol market to be worth US$40.85 bn
by 2023. The overall market stood at a valuation of US$27.21 bn in 2014. Based on volume, the market stood
at 24,782.6 kilo tons in 2014.
Browse the full Monoethylene Glycol (MEG) Market for Polyester Fiber, Polyethylene Terephthalate
(PET), Antifreeze, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2023 report at : http://www.transparencymarketresearch.com/monoethylene-glycolmarket.html
The report points out that the growing demand for polyester fiber in Asia Pacific has boosted the growth of the
global monoethylene glycol market. The increasing production of polyethylene terephthalate (PET) will further
augment the market growth during the forecast horizon. However, the report states that the fluctuating prices of
feedstock materials are expected to restrain the market. Monoethylene glycol is produced from ethylene, which
is a downstream product of...