Market Analysis
The Mono Ethylene Glycol Market is projected to grow at a 5% CAGR between 2022-2030, reveals the new Market Research Future (MRFR) report. Monoethylene glycol or MEG is a non-volatile, odorless, and colorless liquid that is absolutely soluble in water as well as other organic solvents. Based on its excellent chemical properties such as high boiling point, low freezing point, and high viscosity, mono-ethylene glycol is widely used to manufacture deicing materials and coolants. Its other applications include industrial, PET products, polyester fiber, and others.