info@marketresearchfuture.com   📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

US Mono Ethylene Glycol Market


ID: MRFR/CnM/13014-US | 100 Pages | Author: MRFR Research Team| December 2023
Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

The Mono Ethylene Glycol (MEG) market in the United States has experienced robust demand, driven by its versatile applications across multiple industries. MEG, a vital chemical compound, plays a pivotal role in the production of polyester fibers, resins, and antifreeze solutions. The textile industry relies significantly on MEG, utilizing it in the manufacturing process of polyester fibers that contribute to a wide range of products such as clothing, home textiles, and fabrics. The growth of the global textile market, coupled with the increasing preference for polyester-based materials, has been a key factor fueling the demand for MEG in the U.S.

Monoethylene glycol finds applications across various industries, from PET production to polyester fabrics. The market, valued at $26 billion in 2018, is expected to register a CAGR of 6.10% during the forecast period from 2021 to 2030. North America, particularly the United States, plays a significant role in MEG production, with a focus on sustainable and bio-based alternatives influencing market trends.

In the automotive sector, MEG serves as a crucial component in the formulation of antifreeze solutions. Its properties, including a low freezing point and high boiling point, make it an effective coolant for engines, ensuring optimal performance across various temperature ranges. As the automotive industry continues to evolve, with a focus on efficiency and sustainability, the demand for MEG in antifreeze formulations remains strong.

Additionally, the packaging industry has become a significant consumer of MEG, particularly in the production of polyethylene terephthalate (PET) resin. PET resin is a key material used in the manufacturing of beverage bottles, food containers, and various packaging materials. The surging demand for packaged goods, driven by changing consumer lifestyles and the growth of the food and beverage industry, has propelled the demand for PET resin and, consequently, MEG.

The global dynamics of the MEG market are influenced by factors such as international trade dynamics and geopolitical considerations. The availability of raw materials, market trends in other regions, and the interconnectedness of global markets impact pricing and supply chain stability for MEG manufacturers in the United States. Strategic considerations related to international trade relationships and geopolitical shifts become essential for industry players navigating the global landscape.

Environmental sustainability is a key focus within the MEG market, reflecting the industry's commitment to minimizing environmental impact and adopting greener production methods. Manufacturers are actively exploring alternatives and more environmentally friendly processes to produce MEG, aligning with broader industry trends and meeting the expectations of environmentally conscious consumers. This emphasis on sustainability underscores the industry's proactive approach to responsible practices and environmental stewardship.

Regulatory considerations also play a significant role in shaping the U.S. MEG market. Environmental regulations, safety standards, and compliance requirements influence various aspects of MEG production, from manufacturing to transportation. The industry responds to evolving regulatory standards by adopting practices that prioritize safety, environmental sustainability, and adherence to compliance requirements.

Technological advancements are driving innovation within the MEG industry, with ongoing research and development efforts aimed at improving production efficiency, reducing energy consumption, and exploring novel applications. Collaborative initiatives within the industry foster knowledge-sharing and innovation, contributing to the development of new and advanced MEG-related products and processes.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.