モノエチレングリコールの世界市場：技術別、用途別、エンドユーザー別、地域別、範囲および予測

モノエチレングリコールの世界市場規模・予測

モノエチレングリコールの世界市場規模は、2024年に279億7,000万米ドルと評価され、2031年には379億9,000万米ドルに達すると予測され、2024年から2031年までのCAGRは3.90%で成長します。モノエチレングリコール（MEG）は無色・無臭の吸湿性液体で、ポリエステル繊維、樹脂、不凍組成物の製造に原料として多く利用されています。また、ペットボトル、包装材、繊維製品に使用されるポリエチレンテレフタレート（PET）の製造に不可欠な成分でもあります。MEGは、繊維製品、自動車用冷却剤、除氷液、工業用溶剤など、さまざまな産業で広く使用されています。また、ポリエステルフィルムや不凍剤の製造にも重要な要素となっています。

MEGの将来の展望は、ポリエステルや自動車分野からの需要の増加や、産業界が持続可能な選択肢を求めるにつれてバイオベースのMEGの使用が増加することにより拡大すると予測されます。さらに、包装や繊維産業での用途拡大が、今後数年間の市場拡大に寄与すると予測されています。

モノエチレングリコールの世界市場力学

世界のモノエチレングリコール市場を形成している主な市場力学

主な市場促進要因

ポリエステル繊維生産における需要の高まり：

繊維産業におけるポリエステル繊維の使用の増加は、MEG市場の重要な促進要因です。国際貿易センター（ITC）によると、2022年の世界のポリエステル繊維生産量は前年比3.5％増の5,770万トンに達します。ファイバー・イヤー・コンサルティング・グループは、発展途上国における繊維産業の増加により、ポリエステル繊維の需要は2023年から2028年にかけてCAGR 3.8％で増加すると予測しています。

PETボトル製造における消費の増加：

飲料業界におけるPETボトル使用の増加がMEG需要を牽引しています。Euromonitor Internationalによると、世界のPETボトル消費量は2022年に5,830億個に達し、2023年から2027年までのCAGRは3.2%と予測されています。エレン・マッカーサー財団のNew Plastics Economyイニシアチブは、2023年に世界のペットボトル生産の55%をPETが占めると報告しており、この産業におけるMEGの重要性を強調しています。

自動車用不凍液市場の拡大

自動車用不凍液と冷却剤の重要な成分であるMEGは、自動車産業の拡大により高い需要があります。国際自動車工業会（OICA）によると、世界の自動車生産台数は2022年に8,540万台に達し、2021年から5.7％増加します。Verifiedの市場調査レポートによると、不凍液市場は2023年から2031年にかけてCAGR 5.70%で成長し、MEGベースの製品が市場の60%以上を占めると予測されています。

産業用途での使用の増加：

天然ガスの脱水や伝熱流体など、さまざまな工業プロセスにおけるMEGの使用が、市場拡大の原動力となっています。エネルギー情報局（EIA）によると、米国の天然ガス生産量は2022年に2021年比3.5％増の9,340億立方メートルとなり、過去最高を更新します。この天然ガス供給の増加は、ガス脱水操作用のMEG需要を押し上げる可能性が高いです。さらに、Verified Market Researchは、MEGが一般的に採用されている世界の熱伝達流体市場は、2024年から2031年の間に3.12%のCAGRで上昇し、2031年までに5億9,551万米ドルに達すると予測しています。

主な課題

原料価格の変動：

MEGは石油化学製品であるエチレンから製造されるため、その生産は原油価格に大きく依存しています。原油価格の変動は、MEGの生産コストと市場の安定性に直接的な影響を与えます。

環境問題：

MEGの製造、特に従来の石油化学プロセスでは、炭素排出と汚染が問題となります。環境に優しい代替品に対する規制上の要求が高まり、より環境に優しい産業慣行が推進されています。

主要市場における過剰生産能力：

世界市場、特にアジア太平洋諸国ではMEGの過剰が見られ、その結果、生産者の利益率が低下しています。この過剰生産能力は、価格圧力と市場の不安定化につながる可能性があります。

バイオベースの代替製品との競合：

持続可能性が優先されるようになるにつれ、再生可能原料から作られるバイオベースのMEGが人気を集めています。この傾向は従来のMEGメーカーに脅威をもたらし、環境に優しい代替品との競争に直面する可能性があります。

主要動向：

バイオベースMEGへのシフト：

環境問題への関心の高まりと規制圧力により、サトウキビやバイオマスなどの再生可能資源から作られるバイオベースMEGへの需要が高まっています。企業は二酸化炭素排出量を削減し、より環境に優しい製品に対する消費者の需要の高まりに応えるため、持続可能な生産技術に投資しています。

繊維産業と包装産業からの需要の増加：

MEGの需要は、特にアジア太平洋などの新興国を中心に、繊維・包装業界によって牽引され続けています。ポリエステル繊維や包装材料用PET（ポリエチレンテレフタレート）の製造におけるMEGの用途は、eコマースやファストファッションの普及に伴って拡大しています。

製造における技術の進歩：

触媒法やバイオ触媒法など、MEG製造における技術革新は、環境への影響を減らしながら効率を高めています。こうした改良は、メーカーが生産を合理化してコストを削減し、より厳しい環境規制を遵守するのに役立っています。

ポリエステル用途の拡大：

自動車、建築、消費財など様々な産業でポリエステルの使用が拡大していることが、MEGの需要を押し上げています。ポリエステルが工業用途や日常用途でより一般的になるにつれ、原料としてのMEGの重要性は世界的に拡大しています。

目次

第1章 モノエチレングリコールの世界市場イントロダクション

• 市場概要
• 調査範囲
• 前提条件

第2章 エグゼクティブサマリー

第3章 VERIFIED MARKET RESEARCHの調査手法

• データマイニング
• 検証
• プライマリーインタビュー
• データソース一覧

第4章 モノエチレングリコールの世界市場展望

• 概要
• 市場力学
  • 促進要因
  • 抑制要因
  • 機会
• ポーターのファイブフォースモデル
• バリューチェーン分析

第5章 モノエチレングリコールの世界市場：用途別

• 概要
• ポリエステル繊維
• ポリエチレンテレフタレート（PET）
• 不凍液
• 化学中間体
• その他

第6章 モノエチレングリコールの世界市場：エンドユーザー別

• 概要
• 包装
• 自動車
• テキスタイル
• 化学
• その他

第7章 モノエチレングリコールの世界市場、技術別

• 概要
• ガスベース
• ナフサベース
• 石炭ベース
• バイオベース

第8章 モノエチレングリコールの世界市場：地域別

• 概要
• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • フランス
  • その他欧州
• アジア太平洋
  • 中国
  • 日本
  • インド
  • その他アジア太平洋地域
• ラテンアメリカ
  • ブラジル
  • アルゼンチン
• 世界のその他の地域
  • ラテンアメリカ
  • 中東・アフリカ

第9章 モノエチレングリコールの世界市場：競合情勢

• 概要
• 各社の市場ランキング
• 主な発展戦略

第10章 企業プロファイル

• LyondellBasell
• The Dow Chemical Company
• MEGlobal
• SABIC
• ExxonMobil Corporation
• Finex Oy
• Formosa Plastic Group
• AkzoNobel
• Honam Petrochemical Corporation
• Reliance Industries Limited

第11章 付録

• 関連調査

Global Monoethylene Glycol Market Size and Forecast

Global Monoethylene Glycol Market size was valued at USD 27.97 Billion in 2024 and is projected to reach USD 37.99 Billion by 2031 , growing at a CAGR of 3.90% from 2024 to 2031. Monoethylene glycol (MEG) is a colorless, odorless, hygroscopic liquid that is largely utilized as a raw material in the manufacture of polyester fibers, resins, and antifreeze compositions. It is an essential ingredient in the production of polyethylene terephthalate (PET), which is used to make plastic bottles, packaging materials, and textiles. MEG is widely used in various industries, including textiles, automotive coolants, de-icing fluids, and industrial solvents. It is also an important element in the manufacture of polyester films and antifreeze agents.

MEG's future scope is predicted to expand due to rising demand from the polyester and automotive sectors, as well as increased use in bio-based MEG as industries seek sustainable options. Furthermore, expanding applications in the packaging and textile industries is projected to contribute to market expansion in the next years.

Global Monoethylene Glycol Market Dynamics

The key market dynamics that are shaping the global monoethylene glycol market include:

Key Market Drivers:

Growing Demand in Polyester Fiber Production:

The rising use of polyester fibers in the textile industry is a significant driver of the MEG market. According to the International Trade Centre (ITC), global polyester fiber production will reach 57.7 million tons in 2022, up 3.5% from the previous year. The Fiber Year Consulting Group predicts that polyester fiber demand would increase at a 3.8% CAGR from 2023 to 2028, owing to the rising textile industry in developing countries.

Rising Consumption in PET Bottle Manufacturing:

The increasing use of PET bottles in the beverage industry is driving MEG demand. According to Euromonitor International, global PET bottle consumption will reach 583 billion units in 2022, with a predicted 3.2% CAGR from 2023 to 2027. The Ellen MacArthur Foundation's New Plastics Economy initiative reported in 2023 that PET accounts for 55% of worldwide plastic bottle production, emphasizing the importance of MEG in this industry.

Expanding Automotive Antifreeze Market:

MEG, a crucial component in automotive antifreeze and coolants, is in high demand due to the expanding automotive industry. According to the International Organization of Motor Vehicle Manufacturers (OICA), worldwide vehicle production will reach 85.4 million units in 2022, up 5.7% from 2021. According to Verified market research reports on the antifreeze market is expected to grow at a CAGR of 5.70% between 2023 and 2031, with MEG-based products accounting for more than 60% of the market.

Increasing Use in Industrial Applications:

MEG's use in a variety of industrial processes, including natural gas dehydration and heat transfer fluids, is driving market expansion. According to the Energy Information Administration (EIA), natural gas output in the United States will hit a new high of 934 billion cubic meters in 2022, up 3.5% from 2021. This increase in natural gas supply is likely to boost MEG demand for gas dehydration operations. Furthermore, Verified market research projects that the worldwide heat transfer fluids market, in which MEG is commonly employed, will reach $595.51 Million by 2031, rising at a 3.12% CAGR between 2024 and 2031.

Key Challenges:

Volatility in Raw Material Prices:

MEG is manufactured from ethylene, a petrochemical product, hence its production is heavily reliant on crude oil prices. Fluctuations in oil prices have a direct impact on MEG production costs and market stability.

Environmental Issues:

The manufacture of MEG, particularly by conventional petrochemical processes, raises issues about carbon emissions and pollution. Regulatory demands for eco-friendly alternatives are increasing, driving greener industrial practices.

Overcapacity in Key Markets:

The global market, particularly in countries such as Asia Pacific, has seen an excess of MEG, resulting in lower profit margins for producers. This excess capacity can lead to pricing pressure and market instability.

Competition from Bio-Based Alternatives:

As sustainability becomes a priority, bio-based MEG made from renewable materials is gaining popularity. This tendency poses a threat to traditional MEG makers, who may face competition from ecologically friendly alternatives.

Key Trends:

Shift to Bio-based MEG:

Growing environmental concerns and regulatory pressures are increasing demand for bio-based MEG, which is made from renewable resources such as sugarcane or biomass. Companies are investing in sustainable production technology to lower their carbon footprint and meet consumers' growing demand for greener products.

Growing Demand from Textile and Packaging Industries:

Demand for MEG continues to be driven by the textile and packaging industries, particularly in emerging countries such as Asia Pacific. Its application in the manufacturing of polyester fibers and PET (polyethylene terephthalate) for packaging materials is growing as e-commerce and rapid fashion become more popular.

Technological Advancements in Production:

Innovations in MEG manufacturing, including as catalytic and bio-catalytic methods, are increasing efficiency while decreasing environmental effect. These improvements help manufacturers streamline production and reduce costs and adhere to tighter environmental regulations.

Expansion of Polyester Applications:

The expanding use of polyester in a variety of industries, including automotive, construction, and consumer goods, is driving up MEG demand. As polyester grows more common in industrial and daily uses, MEG's importance as a raw material expands globally.

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Global Monoethylene Glycol Market Regional Analysis

Here is a more detailed regional analysis of the global monoethylene glycol market:

Asia-Pacific:

Asia Pacific dominates the Monoethylene Glycol (MEG) market due to its large industrial base and rising demand in key areas. The region's strong position is reinforced by the high utilization of MEG in polyester fiber and PET manufacture. For example, in August 2024, Indorama Ventures announced an expansion of its polyester fiber manufacturing in India to meet rising demand from the region's thriving textile and packaging industries. This expansion demonstrates Asia Pacific's critical position in worldwide MEG use, as the area continues to be a major hub for textile and packaging manufacture.

Furthermore, in July 2024, Mitsubishi Chemical announced an investment in bio-based MEG production technology in Japan, showing the region's dedication to sustainable practices and technical innovation. These activities underline Asia Pacific's critical relevance in the global MEG industry, which is fueled by industrial growth and favorable government regulations.

North America:

North America is seeing the fastest growth in the Monoethylene Glycol (MEG) market, owing to rising demand across many sectors and improvements in sustainable technology. The region's growth is fueled by a significant emphasis on the automotive and packaging industries, where MEG plays an important role in the production of polyethylene terephthalate (PET) and antifreeze. In July 2024, DOW Chemical announced the opening of a new MEG production facility in the United States to fulfill increased demand from the North American automotive and packaging sectors. This development demonstrates the region's commitment to improving MEG production capacity to meet increasing industrial demand.

For instance, in June 2024, the US Department of Energy announced a new grant program to assist research and development in sustainable chemical processes, such as MEG manufacturing. This program seeks to enhance green technology and increase the efficiency of chemical manufacture, in line with the larger goals of decreasing environmental impact and supporting sustainable business practices. These efforts highlight North America's expanding importance in the MEG industry, which is fueled by both industrial demand and supporting government legislation.

Global Monoethylene Glycol Market: Segmentation Analysis

The Global Monoethylene Glycol Market is segmented on the basis of By Technology, By Application, By End-User and By Geography.

Global Monoethylene Glycol Market, By Technology

• Gas-Based
• Naphtha-Based
• Coal- Based
• Bio-Based

Based on Technology, the Global Monoethylene Glycol Market is segmented into Gas-Based, Naphtha-Based, Coal- Based, and Bio-Based. The naphtha-based sector is dominant because it relies on standard petrochemical processes sourced from crude oil, making it the most widely utilized technology for MEG synthesis. The fastest-growing segment is bio-based, which is being driven by rising environmental concerns and demand for sustainable manufacturing methods. The trend toward greener options is driving firms to use bio-based technology to cut carbon emissions and comply with environmental requirements.

Global Monoethylene Glycol Market, By Application

• Polyester Fiber
• Polyethylene Terephthalate (PET)
• Antifreeze
• Chemical Intermediate

Based on Application, the Global Monoethylene Glycol Market is segmented into Polyester Fiber, Polyethylene Terephthalate (PET), Antifreeze, and Chemical Intermediate. The polyester fiber sector is prominent because MEG is a key raw material in the production of polyester, which is widely utilized in the textile and garment industries, notably in fast fashion. The fastest-growing segment is polyethylene terephthalate (PET), which is being driven by expanding demand for PET in packaging, particularly for plastic bottles and food containers, as well as increased use in the global beverage and packaging industries.

Global Monoethylene Glycol Market, By End-User

• Packaging
• Automotive
• Textiles
• Chemicals

Based on End-User, the Global Monoethylene Glycol Market is segmented into Packaging, Automotive, Textiles, and Chemicals. The textiles section is dominant because MEG is extensively employed in the production of polyester fibers, which are widely used in the textile industry for clothes, home furnishings, and industrial materials. The Packaging section is the fastest-growing, driven by rising demand for polyethylene terephthalate (PET) in the production of plastic bottles, containers, and packaging materials, owing to the expansion of the e-commerce and consumer goods industries.

Global Monoethylene Glycol Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the World
• On the basis of Geography, the Global Monoethylene Glycol Market are classified into North America, Europe, Asia Pacific, and Rest of World. Asia Pacific is the leading region due to its large textile and packaging sectors, particularly in China and India, where MEG is essential for polyester fiber and PET manufacture. North America is the second fastest-growing area, driven by rising demand in the automotive and packaging industries, as well as increased investment in bio-based MEG production to satisfy sustainability targets.

Key Players

• The "Global Monoethylene Glycol Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are
• BASF SE, Dow Chemical Company, LyondellBasell Industries NV, SABIC, Formosa Plastics Corporation, ExxonMobil Corporation, Chevron Corporation, Shell plc, TotalEnergies SE, BP plc, Sinopec Corp., China National Petroleum Corporation, Petrobras, Reliance Industries Limited, Toray Industries, Inc., Mitsubishi Chemical Corporation, PTT Global Chemical PCL, Braskem S.A. and Iranol Petrochemical Company.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

• Global Monoethylene Glycol Market: Recent Developments
• In July 2024, Mitsubishi Chemical invested in a new bio-based MEG production technology in Japan. This initiative is part of the company's overall aim to improve sustainability and reduce carbon emissions from traditional MEG production processes.
• August 2024, Lotte Chemical opened a new MEG production facility in South Korea. The facility is expected to improve the company's manufacturing capacities and supply chain efficiency, helping to meet increased demand for MEG in a variety of Asian applications.
• In July 2024, SABIC established a strategic agreement with a major renewable energy firm to create a more sustainable MEG production process. This program seeks to use renewable energy sources to lessen the environmental impact of MEG manufacture.

TABLE OF CONTENTS

1. INTRODUCTION OF GLOBAL MONOETHYLENE GLYCOL MARKET

• 1.1. Overview of the Market
• 1.2. Scope of Report
• 1.3. Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH

• 3.1. Data Mining
• 3.2. Validation
• 3.3. Primary Interviews
• 3.4. List of Data Sources

4. GLOBAL MONOETHYLENE GLYCOL MARKET OUTLOOK

• 4.1. Overview
• 4.2. Market Dynamics
  • 4.2.1. Drivers
  • 4.2.2. Restraints
  • 4.2.3. Opportunities
• 4.3. Porters Five Force Model
• 4.4. Value Chain Analysis

5. GLOBAL MONOETHYLENE GLYCOL MARKET, BY APPLICATION

• 5.1. Overview
• 5.2. Polyester Fiber
• 5.3. Polyethylene Terephthalate (PET)
• 5.4. Antifreeze
• 5.5. Chemical Intermediate
• 5.6. Others

6. GLOBAL MONOETHYLENE GLYCOL MARKET, BY END-USER

• 6.1. Overview
• 6.2. Packaging
• 6.3. Automotive
• 6.4. Textiles
• 6.5. Chemicals
• 6.6. Others

7. GLOBAL MONOETHYLENE GLYCOL MARKET, BY TECHNOLOGY

• 7.1. Overview
• 7.2.Gas-based
• 7.3. Naphtha-based
• 7.4. Coal-based
• 7.5. Bio-based

8. GLOBAL MONOETHYLENE GLYCOL MARKET, BY GEOGRAPHY

• 8.1. Overview
• 8.2. North America
  • 8.2.1. U.S.
  • 8.2.2. Canada
  • 8.2.3. Mexico
• 8.3. Europe
  • 8.3.1. Germany
  • 8.3.2. U.K.
  • 8.3.3. France
  • 8.3.4. Rest of Europe
• 8.4. Asia Pacific
  • 8.4.1. China
  • 8.4.2. Japan
  • 8.4.3. India
  • 8.4.4. Rest of Asia Pacific
• 8.5. Latin America
  • 8.5.1. Brazil
  • 8.5.2. Argentina
• 8.6. Rest of the World
  • 8.6.1 Latin America
  • 8.6.2 Middle East and Africa

9. GLOBAL MONOETHYLENE GLYCOL MARKET COMPETITIVE LANDSCAPE

• 9.1. Overview
• 9.2. Company Market Ranking
• 9.3. Key Development Strategies

10. COMPANY PROFILES

• 10.1. LyondellBasell
  • 10.1.1 Overview
  • 10.1.2 Financial Performance
  • 10.1.3 Product Outlook
  • 10.1.4 Key Developments
• 10.2. The Dow Chemical Company
  • 10.2.1. Overview
  • 10.2.2. Financial Performance
  • 10.2.3. Product Outlook
  • 10.2.4. Key Developments
• 10.3. MEGlobal
  • 10.3.1. Overview
  • 10.3.2. Financial Performance
  • 10.3.3. Product Outlook
  • 10.3.4. Key Developments
• 10.4. SABIC
  • 10.4.1. Overview
  • 10.4.2. Financial Performance
  • 10.4.3. Product Outlook
  • 10.4.4. Key Developments
• 10.5. ExxonMobil Corporation
  • 10.5.1. Overview
  • 10.5.2. Financial Performance
  • 10.5.3. Product Outlook
  • 10.5.4. Key Developments
• 10.6. Finex Oy
  • 10.6.1. Overview
  • 10.6.2. Financial Performance
  • 10.6.3. Product Outlook
  • 10.6.4. Key Developments
• 10.7. Formosa Plastic Group
  • 10.7.1. Overview
  • 10.7.2. Financial Performance
  • 10.7.3. Product Outlook
  • 10.7.4. Key Developments
• 10.8. AkzoNobel
  • 10.8.1. Overview
  • 10.8.2. Financial Performance
  • 10.8.3. Product Outlook
  • 10.8.4. Key Developments
• 10.9. Honam Petrochemical Corporation
  • 10.9.1. Overview
  • 10.9.2. Financial Performance
  • 10.9.3. Product Outlook
  • 10.9.4. Key Developments
• 10.10. Reliance Industries Limited
  • 10.10.1. Overview
  • 10.10.2. Financial Performance
  • 10.10.3. Product Outlook
  • 10.10.4. Key Developments

11. Appendix

• 11.1 Related Research