Asia Ethylene Glycol Market Analysis | MarketIntelReports

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Asia Ethylene Glycol Market By Type (MEG, TEG
and DEG), By End-User Application (Polyester
Fibres, PET bottles/films, Antifreeze and Others)
and By Geography - Forecast to 2020
MarketIntelReports newly published a research
report on Asia Ethylene Glycol Market with
covering detailed analysis on market
segmentation, global notable vendors,
geographical outlook, price financial updates,
segment application approach and future
forecasts.
Published on 18 February, 2016 Number of
pages 88 Single User Price 3650
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The Report Asia Ethylene Glycol Market By Type
(MEG, TEG and DEG), By End-User Application
(Polyester Fibres, PET bottles/films, Antifreeze
and Others) and By Geography Forecast to 2020,
published by MarketIntelReports, estimates the
market to reach 15.6 billion by 2020   Ethylene
Glycol (EG) is a derived product of ethylene
oxide. EG is an organic compound which is mainly
used as a raw-material in various applications
such as manufacturing of polyester fibers in
textile industry, polyethylene terephthalate
(PET) in bottle manufacturing and production of
antifreeze in automotive industry. There are
three types of ethylene glycol such as
mono-ethylene glycol (MEG), diethylene glycol
(DEG) and triethylene glycol (TEG).
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Mono-ethylene glycol is commonly used for
commercial purposes. While production of
Mono-ethylene glycol, two co-products are also
formed i.e. diethylene glycol (DEG) and
triethylene glycol (TEG).MEG are mainly used in
antifreeze, polyesters, polyethylene
terephthalate (PET), used for fibers, film,
solid-state resins, and other products. DEG and
TEG are used in variety of end products and also
as chemical intermediates. The key factors that
led to escalating demand for ethylene glycol is
the rise in usage of plastics i.e. PET
bottles/films in the food and beverages packaging
industry.   According to a recent study from
MarketIntelReports the Asian market value of
ethylene glycol was nearly equal to 11.7 Billion
in 2014, where the polyester fibres accounted for
69 of the total market. China is the dominating
country in mono-ethylene glycol market in APAC
region.
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China is the leading market with generated
revenue of 8.41 million revenue in
2014, projected to upsurge at a high CAGR of 6.5
in the forecast period 2014-2020. China and India
are the major contributor of Asian ethylene
glycol market. The Major Players in Asian
Ethylene Glycol Market includes China
Petrochemical Corporation NAN YA PLASTICS
Corporation  Reliance Industries Limited Oriental
Union Chemical Corporation Royal Dutch Shell
plc. The Asia Ethylene Glycol Report provides
detailed analysis of the different type of
end-users market, type, and end-user
applications. The Asia Ethylene Glycol Market
study across various end-user industries is
incorporated in the report Polyester Fibers PET
Bottles/Films Antifreeze Others Asia ethylene
glycol market is also presented from the
perspective of key countries for above mention
end-user industries.  Production and demand
scenario for ethylene glycol (EG) is highlighted
and major market players are profiled.
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Key questions answered in this report  What
will the market size be in 2020 and what will the
growth rate be? What are the key market
trends? What is driving this market? What are
the challenges to market growth? Who are the
key vendors in this market space? What are the
market opportunities and threats faced by the key
vendors? What are the strengths and weaknesses
of the key vendors? You can request one free
hour of our analysts time when you purchase this
market report. Details are provided within the
report.
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Asia Ethylene Glycol Market By Type (MEG, TEG
and DEG), By End-User Application (Polyester
Fibres, PET bottles/films, Antifreeze and Others)
and By Geography - Forecast to 2020
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
the Asia Ethylene Glycol Market Shares,
Strategies, and Forecasts, Worldwide, 2016 to
2022 and future opportunities are provided in the
report.
Contact 1-302-684-6088 sales_at_marketintelreports.c
om www.marketintelreports.com
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Research Report