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FAQ's

Answer : According to Precedence Research, the global mono-ethylene glycol market size was reached at US$ 29 billion in 2021 and is anticipated to surpass US$ 52.02 billion by 2030.

Answer : The global mono-ethylene glycol market is growing at a CAGR of 6.7% over the forecast period 2022 to 2030.

Answer : The rising demand for polyester fibers from the textile industry is expected to boost the production of mono-ethylene glycol during the forecast period.

Answer : the major players operating in the mono-ethylene glycol market are Royal Dutch Shell, The Dow Chemicals, Reliance Industries, Lotte Chemical Corporation, Mitsubishi Chemical, Sinopec Zhenhai Refining & Chemical Co., MEGlobal, Nan Ya Plastics Corporation, LynondellBasell Industries, and ExxonMobil Corporation.

Answer : Asia-Pacific dominated the mono-ethylene glycol market in 2021 and will lead the market in near future.