“Growing demand for bio-based ethylene glycol and increase in production of natural gas in the US are other factors that are expected to boost market growth over the forecast period,” says a senior analyst at Technavio. 7.1 Ethylene Oxide
2.3 Data Sources
10 Market Breakup by Region
Throw in the COVID-19 coronavirus and panic in oil markets that brought crude prices to lows not seen in decades and, well... the story is now complex and fast-changing. Figure 64: Indonesia: Ethylene Glycol Market Forecast: Volume Trends (in Kilo Tons), 2020-2025
7 Market Breakup by Manufacturing Process
New production + export delays = price slide? 15.3.8.3 Financials
Propylene derivative markets, such as polypropylene, propylene oxide and the phenolic resin streams, have certainly been affected by the situation in China, but the United States produces far less propylene than ethylene. And while ethylene itself has been exported, the volumes are a tiny part of the supply-side picture. , MEG is one of the widely used raw materials for the manufacturing of polyester fibers and polyethylene terephthalate (PET) resins. Figure 44: Global: Ethylene Glycol (Other Industries) Market Forecast: Volume Trends (in Kilo Tons), 2020-2025
Figure 29: Global: Ethylene Glycol (Film) Market: Volume Trends (in Kilo Tons), 2014 & 2019
14.3.4.4 SWOT Analysis
Figure 50: Canada: Ethylene Glycol Market Forecast: Volume Trends (in Kilo Tons), 2020-2025
9.4.1 Market Trends
10.3.1.2 Market Forecast
DataIntelo report titled Global Mono Ethylene Glycol Market provides detailed information and overview about the key influential factors required to 14.3.12.2 Product Portfolio
MEG is one of the widely used raw materials for the manufacturing of polyester fibers and polyethylene terephthalate (PET) resins. Global Mono Ethylene Glycol (MEG) Market, by Technology 6.1 Introduction 6.2 Gas-Based 6.2.1 Market Estimates & Forecast, 2017–2025 6.2.2 Market … By function, the global mono ethylene glycol (MEG) market has been divided into chemical intermediate, solvent coupler, solvent, and humectant. 10.2.7.1 Market Trends
14.3.11.1 Company Overview
Figure 39: Global: Ethylene Glycol (Medical Industry) Market: Volume Trends (in Kilo Tons), 2014 & 2019
4.1 Overview
2025. 6.3.1 Market Trends
Figure 66: Others: Ethylene Glycol Market Forecast: Volume Trends (in Kilo Tons), 2020-2025
10.5.1 Market Trends
Figure 92: Middle East and Africa: Ethylene Glycol Market Forecast: Volume Trends (in Kilo Tons), 2020-2025
10.3.4 Italy
Figure 28: Global: Ethylene Glycol (Antifreeze and Coolant) Market Forecast: Volume Trends (in Kilo Tons), 2020-2025
2.2 Stakeholders
The ethylene used in the production of MEG is obtained various sources such as naphtha, synthesis gas, coal, and biomass, wherein the gas-based technology is predominantly used in the market. 14.3.6.4 SWOT Analysis
Figure 5: Global: Ethylene Glycol Market: Breakup by Application (in %), 2019
13.1 Overview
14.3.9.1 Company Overview
LIST OF FIGURES With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. 14.3.6.1 Company Overview
Market Segmentation. 10.2.4.1 Market Trends
15.3.9.4 SWOT Analysis
Figure 70: Germany: Ethylene Glycol Market Forecast: Volume Trends (in Kilo Tons), 2020-2025
Ethylene prices plunged in the global market during the last fortnight due to weak upstream energy values. 2.4 Market Estimation
10.3.3 United Kingdom
10.4.3.1 Market Trends
10.3 Europe
Furthermore, there is widespread adoption of polyester fibers as a cushioning material in pillows, comforters and upholstery padding, which is consequently driving the market for ethylene glycol. 10.1.2 Canada
The new coal to ethylene glycol (CtEG) technology involves the production of ethylene glycol from coal. 6 Market Breakup by Product
10.1.1.2 Market Forecast
( India: +91-120-433-0800 ). How has the global ethylene glycol market performed so far and how will it perform in the coming years? 7.4.1 Market Trends
8.3.1 Market Trends
15.3.14.4 SWOT Analysis
10.2.6.1 Market Trends
Regional Analysis 10.3.5.1 Market Trends
10.3.2 France
Monoethylene glycol (MEG) is a colorless, odorless, non-volatile liquid that is completely soluble in water and other organic solvents. 13.4 Degree of Competition
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Figure 86: Brazil: Ethylene Glycol Market Forecast: Volume Trends (in Kilo Tons), 2020-2025
Spot ethylene offers at 22 cents became 20 cents and then 18 cents. 14.3.4.3 Financials
10.1 North America
The demand for the biomass-based production process for MEG is gaining popularity owing to its renewability and reducing dependence on the naphtha and coal-based sources. 11.5 Threats
Additionally, buyers can rely on having access to the lowest priced olefins on earth, at least for the foreseeable future. 6.2 Diethylene Glycol (DEG)
Still more than twice the price of ethylene, but also down more than 30% over the course of 12 trading days. Figure 10: Global: Ethylene Glycol (Monoethylene Glycol) Market Forecast: Volume Trends (in Kilo Tons), 2020-2025
The industrial-grade MEG is used in a broad range of applications such as stabilizers against gel formation, deicing fluids, heat transfer fluids (gas compressors, ventilating, heating, process chillers, and air conditioning), and water-based formulations (adhesives, latex paints, asphalt emulsions). Looking forward, IMARC Group expects the global ethylene glycol market to witness moderate growth during the forecast period (2020-2025). Figure 85: Brazil: Ethylene Glycol Market: Volume Trends (in Kilo Tons), 2014 & 2019
Table 8: Global: Ethylene Glycol Market: Key Players, Note: We value your privacy and will never rent or sell your email address. For further information review our Privacy Policy. What are the key driving factors and challenges in the industry? Figure 31: Global: Ethylene Glycol (Other Applications) Market: Volume Trends (in Kilo Tons), 2014 & 2019
And the hits kept coming. 14.3.6.2 Product Portfolio
6.1.2 Market Forecast
Jesse Maida 14.3.3.2 Product Portfolio
5.1 Market Overview
Ethane held steady at 15 cents per gallon – or 5 cents per pound – so at least margins were not under water in February. The global ethylene glycol market is expected to post a CAGR of almost 4% during 2019-2023, according to Technavio. Moreover, expanding the automotive industry in the region is further expected to propel the growth of the regional market. Figure 33: Global: Ethylene Glycol (Oil and Gas Industry) Market: Volume Trends (in Kilo Tons), 2014 & 2019
(Graphic: Business Wire), LONDON--(BUSINESS WIRE)--The global ethylene glycol market is expected to post a CAGR of almost 4% during 2019-2023, according to the latest market research report by Technavio.
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