Monoethylene Glycol Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
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Monoethylene Glycol Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Introduction Report Description The Global Monoethylene Glycol Market was sized near USD 25 billion in 2016. The global monoethylene glycol market is projected to grow with a CAGR of 6.5% during 2017-2023. Monoethylene glycols are colorless, essentially odorless stable liquids with low viscosities and high boiling points. It is somewhat viscous liquid, miscible in water, soluble in ethanol, acetone, acetic acid, pyridine with a sweet taste. Ethylene glycol is prepared commercially by oxidation of ethylene at high temperature in the presence of silver-oxide catalyst, followed by hydration of ethylene oxide to yield mono, with di, tri and tetra-ethylene glycols as co products. Monoethylene glycols are widely used in the mixtures of automobile antifreeze and engine-cooling liquids because of its properties such as low freezing point, in-volatility and low corrosive activity. This report estimates the market size of monoethylene glycol market in terms of value (USD million) over the period of 2015 to 2023.The year 2015 is considered to be a base year, and 2017 to 2023 is considered to be a forecast period. Moreover, the market sizes for monoethylene glycol market in numerous application is estimated in terms of value. This market research study provides detailed qualitative and quantitative analysis of the global monoethylene glycol market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of monoethylene glycol market. The market analysis covers major geographic regions, such as North America, Europe, Asia-Pacific and Rest of the World (RoW). The market size and forecasts are also given for these regions. Countries with major market revenues are covered for each of the region. Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of monoethylene glycol market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the global monoethylene glycol market that will impact the demand during the forecast period. The IGR- Growth Matrix analysis provided in Š Infinium Global Research
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Monoethylene Glycol Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
this report highlights key investing markets in the world. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly. SEGMENTATION AND RESEARCH SCOPE MONOETHYLENE GLYCOL MARKET SEGMENTATION
MONOETHYLENE GLYCOL MARKET
Grades
Polyester grade Industrial grade Antifreeze grade Low conductivity grade
Applications Polyester Resin Polyester Fibres Antifreeze & Coolants Chemical Intermediates Heat Transfer Fluids Others
Region
North America Europe Asia Pacific RoW
The report segments the monoethylene glycol market by grades and by applications. Monoethylene glycol market segmentation based on different grades include polyester grade, industrial grade, antifreeze grade and low conductivity grade. Moreover, the global monoethylene glycol market based on application is segmented into polyester resin, polyester fibers, antifreeze & coolants, chemical intermediates, heat transfer fluids and others. © Infinium Global Research
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Monoethylene Glycol Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Research Methodology Methodolog y
Infinium Global Research published reports are based on extensive primary and secondary research methods. The research begins with extensive exploration through secondary sources followed by primary research. With these research methods we were able to estimate the market size of the Monoethylene Glycol Market, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market. Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get in the coming days. Research Methodol ogy: An Outline
Primary source of the information and data include Industry Experts/consultants Top level executives in the key market players Subject matter experts Academicians and research scholars
PRIMARY RESEARCH
Secondary sources of the information and data include Company annual reports Government/institutional publications Trade and associations journals Databases Websites and publications by research agencies Others
SECONDARY RESEARCH
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Monoethylene Glycol Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Get Sample Copy of this Report @ https://www.infiniumglobalresearch.com/reports/sample-request/758 RESEARCH APPROACHES- BOTTOM UP BOTTOM-UP APPROACH
Arriving at Global Market Size
Market Share of Key Players
Key Market Players
Arriving at Regional/Country Market Size
Accumulation of the country level market size (value) Regional market size of Monoethylene glycol and its Grades, applications
Segment revenue of the key players Country level market size by its Grades, applications (value)
Identifying key players in the Monoethylene glycol market
Accumulation of the regional/country market size (value) Global market size of Grades, applications
RESEARCH APPROACHES- TOP-DOWN Global Market
Market Segments
Global market size of Monoethylene Glycol Market Value for 2016 to 2023
% breakdown by market segments by Grades, applications Value for 2016 and 2023
Regional market size of the Monoethylene Glycol Market (value) Regional market size of Grades, applications
Determine the Regional Market Size
Country Level Market Sizing
Country level market size of the Monoethylene Glycol Market in every region (value) Country level market size of Grades, applications in every region
TOP-DOWN APPROACH
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Monoethylene Glycol Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
The study on global monoethylene glycol market provides deep insights into the trends and opportunities in the market for the forecast period 2017 to 2023. Moreover, the market estimates are provided in terms of revenue in USD million. Furthermore, the research covers the analysis of the various segments in the global monoethylene glycol market. The estimates in the global monoethylene glycol market are based on both bottom-up and topdown approaches. In the bottom-up approach the revenues of the key players are determined and added to arrive at country or regional markets size. The country market sizes added to arrive at the regional market size. Further, the market size of the regions is added to arrive at the global market size of monoethylene glycol market. In the top-down approach the global market size is estimated based on the secondary research and historic data. Using this approach the regional market size is obtained by splitting the global number by percentage share of each region such as North America, Europe, Asia-Pacific and RoW. The regional market was then divided as per the market share of the devices and category. Executive Summary Global Monoethylene Glycol Market Highlights, (USD Million) The global Monoethylene Glycol Market is expected to grow at a CAGR of 6.5%between 2017 and 2023 in terms of value. Increasing demand of mono ethylene glycol in end use industries such as consumer goods, construction, automotive, pharmaceutical, textiles and chemical remains the key factor driving the growth of global mono ethylene glycol market. In addition, increasing use of mono ethylene glycol in polyester fiber and polyethylene terephthalate is likely to drive the growth of market. Furthermore, rapid urbanization and changing lifestyle of consumers especially in emerging economies such as China, India, Mexico and Brazil has been driving the polyethylene terephthalate, one of the key materials used in packaging sector which in turn is projected to boost the global mono ethylene glycol market over the forecast period. Moreover, fluctuation in prices of raw materials and Š Infinium Global Research
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Monoethylene Glycol Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
sustainability issues related to mono ethylene glycol are the key factors restraining the growth of this market. Increasing popularity of bio based MEG and increasing R&D of ecofriendly alternatives that can help in removing the toxic nature of mono ethylene glycol are likely to bring more opportunities to this market. Among applications Polyesters Fibres dominated the Monoethylene Glycol Market. This segment provide massive demand for Monoethylene Glycol due to high use in textile industry. Also, rising production of PTE and Polyester leading towers the growth in need for Monoethylene Glycol. GLOBAL MONOETHYLENE GLYCOL MARKET, 2015 – 2023 (USD MILLION )
2015
2016
2017
2018
2019
2020
2021
2022
2023
Value
Monoethylene Glycol Market is expected to experience rapid growth globally. Increasing demand of mono ethylene glycol in end use industries such as consumer goods, construction, automotive, pharmaceutical, textiles and chemical remains the key factor driving the growth of global mono ethylene glycol market. In addition, increasing use of mono ethylene glycol in polyester fiber and polyethylene terephthalate is likely to drive the growth of market. The global market size of Monoethylene Glycol in terms of value was USD 25billion in 2015.
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Monoethylene Glycol Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL MONOETHYLENE GLYCOL MARKET, CAGR (USD MN) GROWTH BY REGIONS (2017 – 2023)
xxx.x xxx.x
2017
2023
xxx.x
xxx.x xxx.x
xxx.x
2017
2023
2017
2023
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2017 – 2023. Asia pacific was the largest market among the geographies due to consumption of nearly half of the global mono ethylene glycol. Furthermore, Asia Pacific is expected to continue its dominance and is anticipated to grow at the highest CAGR rate over the forecast period due to rapid growth of end use industries such as automobile, packaging, and textile in China, India and South Korea. Following the Asia Pacific Region, North America and Europe were also accounted to have a strong hold on global mono ethylene glycol market. Furthermore, these regions are expected to have a moderate growth rate over the forecast period owing to their serial recovery from the economic slowdown. Moreover, Latin America (covered in row region) is expected to grow gradually over the forecast period due to rapid industrialization and changing lifestyle of the consumers in Brazil and other countries. © Infinium Global Research
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Monoethylene Glycol Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Market Overview & Competitiveness DRO Analysis DRO stands for drivers, restraints and opportunities. The DRO analysis involves, identifying the factors that are likely to have impact on the global Monoethylene Glycol Market. It covers analysis of short term and long term impact of drivers and restraints. Through this analysis both short term and long term opportunities are identified. These opportunities present the investment options and new markets for the market players in the Monoethylene Glycol Market.Drivers refer to the factors that are expected to drive or boost the market size or demand for infectious disease diagnostic. The analysis involves identification of both demand side and supply side factors that drive the demand as well as environmental factor that favor the market conditions for growth of Monoethylene Glycol Market both in short run and long run. DRIVERS OF MONOETHYLENE GLYCOL MARKET, IMPACT ANALYSIS SHORT TERM IMPACT
DRIVERS
MID TERM IMPACT
LONG TERM IMPACT
Driver 1 Driver 2 Driver 3
HIGH
MEDIUM
LOW
RESTRAINTS OF MONOETHYLENE GLYCOL MARKET, IMPACT ANALYSIS SHORT TERM IMPACT
RESTRAINTS
MID TERM IMPACT
LONG TERM IMPACT
Restraint 1
Restraint 2
HIGH
MEDIUM
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Monoethylene Glycol Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
IGR- Growth Matrix Analysis Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix helps understand the market situation of the business segments. It helps identify the most attractive segment for the investment purpose and helps the companies to make better decisions in strategy making. The IGR- Growth Matrix presents the zones that define the position of the product segment and Device segment or region based on the market size, growth anticipated and the growth factors & historic growth. Following are the zones that IGR- Growth Matrix considers Risky Zone: Low market size and low growth rate. Investment in this segment is risky Retention Zone: High market size and low growth rate, the companies operating in this segment should retain their investments in this segment. Companies may focus on extensive marketing and advertisements Consolidation zone: High growth rate and high market size, the companies operating in the segments that have high market size and high growth should focus on consolidating their market position in these segment. Mergers and acquisitions, extensive marketing programs, and new product developments can be used as marketing strategies to consolidate the market in these segments. Opportunity Zone: High growth low market size Safe Zone: Moderate growth and moderate market size.
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Monoethylene Glycol Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL MONOETHYLENE GLYCOL MARKET BY GRADES, 2016 - 2023 (% SHARE) 2016
2023 Polyester grade
Industrial grade
Antifreeze grade
Low conductivity grade
GLOBAL MONOETHYLENE GLYCOL MARKET BY GRADES, 2015 - 2023 (USD MILLION)
2015
2016
2017
Polyester grade
Industrial grade
Antifreeze grade
Low conductivity grade
© Infinium Global Research
2023
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Monoethylene Glycol Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL POLYESTER GRADE BY REGIONS, 2015 - 2023 (USD MILLION)
GLOBAL INDUSTRIAL GRADE BY REGIONS, 2015 - 2023 (USD MILLION)
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Monoethylene Glycol Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBALANTIFREEZE GRADE BY REGIONS, 2015 - 2023 (USD MILLION)
GLOBAL LOW CONDUCTIVITY GRADE BY REGIONS, 2015 - 2023 (USD MILLION)
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Monoethylene Glycol Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL MONOETHYLENE GLYCOL MARKET BY REGION, 2016 - 2023 (% SHARE)
GLOBAL MONOETHYLENE GLYCOL MARKET BY REGION, 2015 - 2023 (USD MILLION)
2015
2016
North America
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Europe
2017
Asia-Pacific
2023
RoW
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Monoethylene Glycol Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Company Profiling Bio-Rad Laboratories Company Snapshot
SABIC CONTACT DETAILS: Address: PO Box 5101 Riyadh, 11422 Saudi Arabia Phone:966 11 225 Website: www.sabic.com
KEY FEATURES: No. of Employees: more than xx No. of countries of operation: xx
SWOT ANALYSIS: STRENGHTS Sample text Sample text
OPPORTUNITIES Sample text Sample text
WEAKNESS Sample text Sample text
THREATS Sample text Sample text
PRODUCT PORTFOLIO: Product 1 Product 2 Product 3
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