• Ethylene Glycol MEG Market Intelligence | Price, Forecast, Cost Models, Market Analysis

Ethylene Glycol MEG Market Description

The global demand for ethylene glycol (EG) is expected to reach $532.1 million by 2022, growing at a steady CAGR of 3.9 percent. The key growth drivers of the market continue to be EG applications in packaging, polyester application in textiles, and as anti-freeze & coolants in automobiles. The growing demand will be further accentuated by capacity expansions in the Middle East and North America, with the Middle East contributing to a significant share in the export market. On the other hand, Europe and Asia would continue to experience a supply deficit of 6.6 MMT, and would be dependent on imports during the forecast period.

Approximately 68 percent of the EG demand is driven by PET and polyester fiber, thus making it the largest end-user industry segment. The report further discusses the global market outlook and trade dynamics of sodium cyanide in the regions of North America, Europe, and the APAC. China is a major importer of sodium cyanide from Taipei and Saudi Arabia and accounts for 58 percent of the total global imports. The report also provides a comprehensive cost and ethylene glycol price analysis, followed by an overview of major ethylene glycol distributors and suppliers (SABIC, SINOPEC, Equate Petrochemical Co., MEGlobal). The report also includes industry best practices, contract structures, and key margins.

Beroe gathers intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources can include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.

Report Coverage

Market Trends
Technology & Innovation Trends
Global Supplier List and Capabilities
Mergers and Acquisitions

Ethylene Glycol MEG Market Trend, Analysis & Forecast

Category Intelligence on Ethylene Glycol MEG covers the following

Information relating to market, supply, cost, and pricing analysis
Hard to find data on cost and TCO models, supplier details, and performance benchmarks
Macroeconomic and regional trends impacting cost, supply, and other market dynamics
Category-specific negotiation and sourcing advice

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Executive Summary

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Market Analysis

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Supply Analysis

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Cost & Pricing Analysis

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Best Practices

1. Ethylene Glycol MEG Executive Summary

1.1 Category Updates
1.2 Global Market Outlook
1.3 Supply Market Outlook
1.4 Demand Market Outlook
1.5 Industry Best Practice

2.Ethylene Glycol MEG Market Analysis

2.1 Global Market Size: MEG
2.2 Global Capacity–Demand Analysis
2.3 Global Demand by Application
2.4 Global Market Outlook
2.5 Global Trade Dynamics
– Global Imports
– Global Exports
2.6 Regional Market Outlook (US, Europe, and Asia)
– Supply–Demand Trends and Outlook
– Trade Dynamics

3.Ethylene Glycol MEG Cost and Pricing Analysis

3.1 Cost and Price Analysis (US, Europe, and Asia)
– Cost Structure Analysis
– Price Forecast: MEG

4.Ethylene Glycol MEG Industry Analysis

4.1 Industry Outlook (US, Europe, and Asia)
– Porter’s Five Forces Analysis
– Industry Drivers and Constraints
– Industry Updates –Innovations

5.Ethylene Glycol MEG Supplier Analysis

5.1 Global Capacity Share by Suppliers
5.2 Global Capacity Addition by Suppliers
5.3 Regional Capacity Share
5.4 Exhaustive Supplier List
5.5 Key Global Supplier Profiles
– SWOT Analysis for Global Suppliers
– Financial Risk for Top Five Global Suppliers (if publicly listed)

6.Ethylene Glycol MEG Industry Best Practices

6.1 Contract Structures
6.2 Engagement Model

Global Market Outlook on Ethylene Glycol MEG

Global demand is expected to grow at 3.9 percent CAGR through 2016–2022
PET applications in packaging, polyester application in textiles, MEG applications as anti-freeze and coolant in automobiles are likely to remain the key growth drivers
Capacity expansions in North America and the Middle East are expected to cater to the growing demand
Asia and Europe would continue to be import dependent during the forecast period

market-trend-ethylene-glycol-meg

Demand Market Outlook

The global MEG market is likely to be well supplied post 2018, due to growing capacity expansions in North America and the Middle East.Packaging and textile segments would continue to drive the MEG market across all the three regions(North America,EU and Asia)

Global Market Size: MEG

The global MEG market is forecast to grow at a CAGR of percent to reach $35.1 million by 2022
Asia and Europe would continue to witness a supply deficit and depend on imports from North America and the Middle East during the forecast period
Global capacity is estimated to be around 29.4 MMT/year and the demand is estimated to be around 30.05 MMT/year in 2016
Capacity expansions in downstream PET markets in Asia, Eastern Europe, Middle East, and North America, post 2016, are expected to contribute to the growth in MEG demand

Global Capacity–Demand Analysis

Global demand is expected to increase at a CAGR of 3.8 percent, in line with demand growth in Asia
The Middle East would continue to be a major source of MEG and would contribute to a significant portion of the export market

Market Outlook

The global MEG market is observed to be slightly under supplied
The scenario would improve with the growing expansions in North America and the Middle East
Major exporters, North America and Middle East, are expected to add 2.85 and 2.1 MMT to their current capacity, respectively
Asian coal-based MEG capacity expansions are expected to slowdown during the forecast period
Global average operating rates are expected to remain in the range of 84–87 percent during the forecast period
Global demand stood at 30.05 MMT as of 2016 and major consumers, like China and India, will continue to be the growth drivers in Asia