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Showing posts with the label Mono Ethylene Glycol (MEG) Market

Mono Ethylene Glycol (MEG) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 - 2027

  Mono Ethylene Glycol Market – Overview Mono Ethylene Glycol or Glycol is manufactured industrially from ethylene oxide and ethylene. Mono ethylene glycol market is expected to witness steady growth on account of its significant usage in polyethylene terephthalate as well as antifreeze application. Among application, polyethylene terephthalate (PET) accounted for the largest market share in 2016 and is predicted to retain its dominance over the estimated period due to high demand from packaging industry. Antifreeze segment is expected to witness healthy growth due to increasing aviation industry across the globe. Growing per capita disposable income in developed and developing region coupled with increasing use of packaged products is predicted to propel the growth of the market. Moreover continuous growth of textile industry along with rising consumption of monoethylene glycol is predicted to drive the demand for Mono ethylene glycol market during the review period. Geographicall

Mono Ethylene Glycol (MEG) Market Size 2021: Growth Rate Analysis by Key Segments, Research Report Forecast with Industry Share and Competitive Analysis till 2027

  Mono Ethylene Glycol Market – Overview Mono Ethylene Glycol or Glycol is manufactured industrially from ethylene oxide and ethylene. Mono ethylene glycol market is expected to witness steady growth on account of its significant usage in polyethylene terephthalate as well as antifreeze application. Among application, polyethylene terephthalate (PET) accounted for the largest market share in 2016 and is predicted to retain its dominance over the estimated period due to high demand from packaging industry. Antifreeze segment is expected to witness healthy growth due to increasing aviation industry across the globe. Growing per capita disposable income in developed and developing region coupled with increasing use of packaged products is predicted to propel the growth of the market. Moreover continuous growth of textile industry along with rising consumption of monoethylene glycol is predicted to drive the demand for Mono ethylene glycol market during the review period. Geographica