The purpose of the report is to illustrate the state of the market of Monoethylene Glycol, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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Monoethylene glycol is an odorless, colorless and barely viscous liquid which is miscible in alcohols, water, aldehydes and many other organic compounds. Monoethylene glycol is one of the key commercially available glycols. The coproducts such as diethylene glycol and triethylene glycol are obtained in the manufacturing process of MEG from ethylene oxide. End-user industries such as textile and packaging among others are the major consumers of monoethylene glycol in the market. Monoethylene glycol is primarily used as raw material in production of polyethylene terephthalate (PET), polyester resins and coolants & antifreeze among others. These products are used on a large scale in end-user industries for manufacturing various packaging products such as bottles and for manufacturing fabrics in the textile industry. Growing demand for monoethylene glycol from various end-user industries is one among the major driving factors of global monoethylene glycol market.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Monoethylene Glycol buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Monoethylene Glycol contains:
Analysis and forecast of Monoethylene Glycol market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Monoethylene Glycol market;
Assessment and forecast of Monoethylene Glycol market development;
Financial and business profiles of the leading companies in the Monoethylene Glycol industry.
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– Up to date working Monoethylene Glycol data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Monoethylene Glycol for the period 2018 to 2026
– Planned Monoethylene Glycol additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Monoethylene Glycol projects by region, key countries, and companies
– Details of major planned Monoethylene Glycol projects in the world up to 2026
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