Home / Knowledge / News / Textiles / World MEG consumption to reach 31337 thousand tons by 2020
World MEG consumption to reach 31337 thousand tons by 2020
Jun '14
Global consumption of monoethylene glycol (MEG), an essential raw material for polyester fibres and polyethylene terephthalate (PET) polymer, is estimated to reach 31337 thousand tons by 2020, according to a new report.

In 2013, worldwide MEG consumption was estimated to be 20481 thousand tons, which is likely to increase by around 53.01 percent to 31337 thousand tons by 2020, states the report “Global Polyester Value Chain Market Analysis & Forecast, 2014-2020” published by Fibre2fashion.com.

The total import of MEG in the world increased from 7835.00 thousand tons in 2004 to an estimated 15033.01 thousand tons in 2013, showing a whopping increase of around 91.87 percent. The MEG imports registered CAGR of 6.73 percent during 2004–2013 period.

At present, China is the top importer of MEG, followed by the United States, India, and the European Union. These four nations/regions collectively account for around 73.05 percent of total MEG imports in the world.

Apart from consumption and import of MEG, the report also covers in-depth information and trends on world’s production, consumption, exports and imports of various materials in the polyester value chain.

Click here to know more about “Global Polyester Value Chain Market Analysis & Forecast 2014-2020”.

About Fibre2fashion:

Fibre2fashion is the largest global B2B portal catering to the worldwide textile, apparel, fashion, technical textiles & retail industry and averages over 1.8 million global visitors per month. Over the last 14 years, it has evolved into an unmatched knowledge and services provider to the global textile-value chain.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Feb 2017

UK textile & apparel exports up 7.05% in 2016: UKFT

The exports of apparel and textiles from the UK have increased by...

Textiles | On 20th Feb 2017

Himatsingka Seide incorporates subsidiary in Europe

Himatsingka Seide Ltd, one of the largest producers of home textiles...

Courtesy: Green Initiatives

Apparel/Garments | On 20th Feb 2017

Green Initiatives launches Re:Form to end textile waste

Green Initiatives, a non-government institution, has launched...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search