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Global ethylene glycol market is expected to reach $39,865.3 million in 2016

North America and Europe are the second and third largest EG consuming regions, accounting for 14.8% and 12.8% of the overall market in 2010. North America and Europe are mature markets having stagnant polyester fibers demand. Growth in these markets is expected to be driven by the growing PET bottle resin market and automotive antifreeze market.

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Global ethylene glycol market is expected to reach $39,865.3 million in 2016

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  1. Global Ethylene Oxide and Ethylene Glycol Market Global Ethylene Oxide and Ethylene Glycol Market Applications, Geography, Raw Materials, Price Trends, & Forecasts 2016 View Full Report @ https://bit.ly/2XQ228W

  2. Introduction • The report “Global Ethylene Oxide and Ethylene Glycol Market by Applications, by Geography, Raw Materials, Price Trends and Forecasts (2011-2016)” defines and segments the global Ethylene Oxide and Ethylene Glycol market with analysis and forecasting of the global volume and revenue for Ethylene Oxide and Ethylene Glycol. • Ethylene oxide and ethylene glycol are bulk chemicals that are experiencing strong market growth. Much of this growth is due to a strong demand in the downstream applications of ethylene oxide and ethylene glycol. View Full Report @ https://bit.ly/2XQ228W

  3. What Report Contains? • This study estimates the global market of ethylene oxide and ethylene glycol by the end of 2016. • Asia-Pacific is the most dominant market for both ethylene oxide and ethylene glycol owing to significant domestic demand and is expected to be the fastest growing market in the next five years. • With the huge market potential and growing demand, the market is likely to witness considerable growth. • The growth in the ethylene glycol market is also being fuelled by the strong demand of PET fibers in the Asia-Pacific region where it is extensively used in the textile industry. • Another factor driving MEG growth is the strong global demand for PET bottle resin that is used in the food and beverages industry owing to its advantages over glass used in carbonated drinks, water bottles, and food containers. View Full Report @ https://bit.ly/2XQ228W

  4. Drivers • Ethylene oxide is witnessing strong surge in demand in its end-user applications especially in ethylene glycol and ethoxylates whereas ethylene glycol’s end-user applications witnessing significant growth are polyester fibers and PET resin that are growing strongly in most parts of the world. • The derivatives of ethylene oxide, especially ethylene glycol are widely used to produce polyester fibers for clothing and furniture, for the production of bottles in the plastics industry, automotive coolants, detergents and surfactants, etc. • The largest application for ethylene oxide is ethylene glycol, accounting for over 72% of the ethylene oxide demand globally. View Full Report @ https://bit.ly/2XQ228W

  5. Regional Insights • Asia-Pacific dominates the global ethylene glycol market, accounting for 65.3% of the overall consumption in 2010. • North America and Europe are the second and third largest EG consuming regions, accounting for 14.8% and 12.8% of the overall market in 2010. • North America and Europe are mature markets having stagnant polyester fibers demand. • Growth in these markets is expected to be driven by the growing PET bottle resin market and automotive antifreeze market. • Asia-Pacific is expected to be the fastest growing market for ethylene glycol, owing to huge demand for polyester fibers in China and India. • The demand for ethylene glycol by volume in Asia-Pacific is expected to grow at a CAGR of 6.3% from 2011 to 2016. View Full Report @ https://bit.ly/2XQ228W

  6. Key Players • Key participants in the global ethylene oxide and ethylene glycol market include The Dow Chemical (U.S.), SABIC (Saudi Arabia), Shell Group (The Netherlands), Huntsman Corporation (U.S.), BASF (Germany), Sinopec (China), and Reliance Industries Ltd. (India). View Full Report @ https://bit.ly/2XQ228W

  7. About Us • MarketsandMarkets™ provides quantified B2B research on 30,000 high growth emerging opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. • Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach Markets and Markets™ for their pain points around revenues decisions. • MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. View Full Report @ https://bit.ly/2XQ228W

  8. How Markets & Markets is different? • Most-detailed market segmentation in the industry • In-depth analysis of patents and profiles of key market players providing a competitive landscape • Market data for segments such as technologies, services & applications across geographies • High level analysis of major market segments and identification of opportunities. View Full Report @ https://bit.ly/2XQ228W

  9. Contact Us: Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com View Full Report @ https://bit.ly/2XQ228W

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