2025. The demand for these fibers is increasing owing to the several advantages offered by the fibers over the traditional fibers (cotton), such as resistance to moisture, oil, stains, and water as well as high abrasion and wrinkle resistance. 9.2 Plastic Industry 14.3.2.3 Financials Ethylene Glycol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025, World’s largest food event to generate record trade in Feb, Indian Dairy Firms Now Look to Sell Protein Supplements Added Milk, The Business of Health Care December 2016. 9.1.2 Market Forecast Figure 51: Asia Pacific: Ethylene Glycol Market: Volume Trends (in Kilo Tons), 2014 & 2019 Key Players 10 Market Breakup by Region Figure 91: Middle East and Africa: Ethylene Glycol Market: Volume Trends (in Kilo Tons), 2014 & 2019 14.3.4.2 Product Portfolio Europe is expected to be the second-largest regional market, which is primarily attributed to the high demand for bio-based MEG for the manufacture of bio-PET. The global mono ethylene glycol (MEG) market is projected to register over 6% CAGR during the review period, 2019–2025. 14.3.5.3 Financials Moreover, expanding the automotive industry in the region is further expected to propel the growth of the regional market. global mono ethylene glycol (MEG) market. Figure 32: Global: Ethylene Glycol (Other Applications) Market Forecast: Volume Trends (in Kilo Tons), 2020-2025 The prominent factor driving the growth of the global market is the increasing demand for MEG in the manufacture of polyester fibers. Export cargoes sat in the Houston Ship Channel due to a seemingly endless fog that backed up everyone’s departure schedules. The packaging industry in the region is the largest globally and is further expected to multiply on account of the increase in per capita disposable expenditure and rising demand for hygienic packaging in the pharmaceutical and food industries. To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR30807. 10.2.5.2 Market Forecast Figure 16: Global: Ethylene Glycol (Ethylene Oxide) Market Forecast: Volume Trends (in Kilo Tons), 2020-2025 These factors will drive the growth of the global market. 10.4.3 Others 14.3.4.3 Financials Propylene derivative markets, such as polypropylene, propylene oxide and the phenolic resin streams, have certainly been affected by the situation in China, but the United States produces far less propylene than ethylene. 2.2 Stakeholders This market research report segments the global ethylene glycol market by application (polyester fiber and films, PET, antifreeze and coolant, and others) and geographical regions (North America, Europe, APAC, South America, and MEA). Other factors, including rising environmental consciousness among the masses, along with extensive research and development (R&D) activities, are projected to drive the market further. 10.3.5.2 Market Forecast 3 Executive Summary 10.2.7 Others What is the breakup of the market based on the manufacturing process? 5 Global Ethylene Glycol Market The polyester fibers are amongst the most widely used fibers globally, accounting for over 50% of the total fiber demand. 9.3 Transportation Industry And the hits kept coming. What are the key driving factors and challenges in the industry? While the 2020 stories for U.S. ethylene and propylene may not be so rosy for producers, they are not horror stories either. PET resins are used in the manufacture of various products, including textiles, tire cords, PET bottles, and water containers, and films. All rights reserved by Fibre2Fashion Pvt. Figure 92: Middle East and Africa: Ethylene Glycol Market Forecast: Volume Trends (in Kilo Tons), 2020-2025 Ethylene Price Decline in Q1 2020 The ethylene market began 2020 on the rise, slowly but steadily climbing from 16 cents per pound to …
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