Chemicals and Materials Monoethylene Glycol (MEG) Market New

The report "Monoethylene Glycol (MEG) Market by Application (Fiber, PET, Antifreeze
& Coolant, Film), Technology, and Geography (Asia Pacific, North America, Europe,
Middle East & Africa, and South America) - Global Forecast to 2022", Growing demand
for MEG in the Fiber, PET, and film applications coupled with high demand in APAC region
are driving the MEG market. The growing demand for polyester in textile industry is driving
the demand of MEG in textile end-use industry. The textile end-use industry is expected to
witness a large demand of MEG in the market especially in countries such as China and India.
Increasing use of PET in this region in packaging which is an ever-growing end-use industry
in the developing countries would support the growth in demand for MEG.
Browse 71 market data Tables and 40 Figures spread through 123 Pages and in-depth TOC
on "Monoethylene Glycol (MEG) Market"
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market-19801030.html
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Among applications fiber led the MEG market in 2016
Fiber is the largest application of MEG owing to its high demand in the production of PET
and polyester fiber. The global production of polyester grew by 4.2% in 2016 with
polyester filament market is witnessing a growth rate of 5.5%, whereas stable growing at a
rate of 3.1%. Moreover, the total polyester production was 49.3 million tons in 2016. The
overall growth in fiber market is decent and offers growth opportunities for MEG.