Global Monoethylene Glycol (MEG) Competitive Landscape Professional Research Report 2025

Global Monoethylene Glycol (MEG) Competitive Landscape Professional Research Report 2025

Research Summary

Monoethylene glycol (MEG) is a chemical compound with the formula HOCH2CH2OH. It is a colorless, odorless, and slightly viscous liquid that belongs to the class of glycols. MEG is widely used in many industries due to its unique properties. One of its primary applications is as an important raw material in the production of polyester fibers, resins, and films. MEG is a key component in the manufacturing process of polyester, where it reacts with terephthalic acid or dimethyl terephthalate to produce polyethylene terephthalate (PET) polymers. PET is commonly used in beverage bottles, food packaging, synthetic fibers, and various textiles. MEG’s ability to dissolve water and other substances, along with its low freezing point, makes it valuable as an antifreeze and coolant in diverse industries ranging from automotive to HVAC systems. it is also used as a solvent for dyes, resins, and inks and finds applications in the production of adhesives, cleaners, and personal care products. Additionally, it has hygroscopic properties, making it suitable for use in dehumidifying agents and gas drying processes.

According to DIResearch's in-depth investigation and research, the global Monoethylene Glycol (MEG) market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.

The major global  manufacturers of Monoethylene Glycol (MEG) include SABIC, Sinopec, Formosa Plastics Group (FPG), Shell, EQUATE, Lotte Chemical, Dow, SPDC, CNPC, Reliance Industries, OUCC, INEOS, LyondellBasell, BASF, NIOC, PTT Global Chemical, Farsa Chimie, IndianOil, Indorama Ventures, Sibur, Nippon Shokubai, PJSC Kazanorgsintez, SHAZAND Company, Huntsman, Maruzen Petrochemical etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Monoethylene Glycol (MEG). Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Monoethylene Glycol (MEG) market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Monoethylene Glycol (MEG) market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Monoethylene Glycol (MEG) industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.  

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Monoethylene Glycol (MEG) Include:

SABIC

Sinopec

Formosa Plastics Group (FPG)

Shell

EQUATE

Lotte Chemical

Dow

SPDC

CNPC

Reliance Industries

OUCC

INEOS

LyondellBasell

BASF

NIOC

PTT Global Chemical

Farsa Chimie

IndianOil

Indorama Ventures

Sibur

Nippon Shokubai

PJSC Kazanorgsintez

SHAZAND Company

Huntsman

Maruzen Petrochemical

Monoethylene Glycol (MEG) Product Segment Include:

Fiber Grade

Industrial Grade

Antifreeze Grade

Monoethylene Glycol (MEG) Product Application Include:

Polyester Fibre

Polyester Resins

Antifreeze and Coolants

Chemical Intermediates

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Monoethylene Glycol (MEG) Capacity and Production Analysis

Chapter 3: Global Monoethylene Glycol (MEG) Industry PESTEL Analysis

Chapter 4: Global Monoethylene Glycol (MEG) Industry Porter's Five Forces Analysis

Chapter 5: Global Monoethylene Glycol (MEG) Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 6: Global Monoethylene Glycol (MEG) Market Size and Forecast by Type and Application Analysis

Chapter 7: North America Monoethylene Glycol (MEG) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: Europe Monoethylene Glycol (MEG) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: China Monoethylene Glycol (MEG) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: APAC (Excl. China) Monoethylene Glycol (MEG) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Latin America Monoethylene Glycol (MEG) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Middle East and Africa Monoethylene Glycol (MEG) Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 13: Global Monoethylene Glycol (MEG) Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 14: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 15: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 16: Research Findings and Conclusion

Chapter 17: Methodology and Data Sources Show more