Market Analysis
The Mono Ethylene Glycol Market is projected to grow at a 5% CAGR between 2022-2030, reveals the new Market Research Future (MRFR) report. Monoethylene glycol or MEG is a non-volatile, odorless, and colorless liquid that is absolutely soluble in water as well as other organic solvents. Based on its excellent chemical properties such as high boiling point,...
Introduction
Monoethylene glycol (MEG) is a vital chemical compound used in various industries, primarily as a raw material in the production of polyester fibers, resins, and antifreeze solutions. It is a colorless, odorless, and viscous liquid with excellent thermal and chemical stability. The monoethylene glycol market has witnessed substantial growth in recent years, driven by the...
The UK mono ethylene glycol (MEG) market is experiencing significant growth, driven by robust demand from key end-use industries such as textiles, packaging, automotive, and chemicals. Mono ethylene glycol, a vital intermediate used in the production of polyester fibers, resins, and antifreeze, is witnessing an upsurge in consumption across the region, primarily due to the...
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