Published On : August, 2015
Monoethylene glycol (MEG) is a colorless, virtually odorless and somewhat
viscous liquid. MEG is produced from ethylene via ethylene oxide, which in
turn is hydrated by using either a thermal or catalytic production process. It
is an organic compound used mainly as a raw material in the manufacture of
Polyethylene Terephthalate Resins (PET), polyester fibres, etc. Mono-ethylene
Glycol (MEG) can be used for applications that require chemical intermediates
for resins, solvent couplers, freezing point depression, solvents, humectants
and chemical intermediates.
Some of the factors driving the MEG market are the growing demand of polyester fibres, which are used in textile industry and PET, which are used in packaging of goods. The report covers global, regional and country markets of monoethylene glycol. It describes present situation, historical background and future forecast of monoethylene glycol. It shows comprehensive data of monoethylene glycol capacities, production, consumption, trade statistics, and prices in the recent years (globally, regionally and by country). The report also indicates a wealth of information on monoethylene glycol producers and suppliers.
Some of the key companies in the monoethylene glycol include: SABIC, Shell, BASF, Reliance Industries Limited, MEGlobal, Indian Oil Corporation, Mitsubishi Chemical Corp., Huntsman Corp., etc.