Indonesia Monoethylene Glycol (MEG) Market (2025-2031) Outlook | Share, Revenue, Analysis, Forecast, Growth, Industry, Trends, Size, Value & Companies

Indonesia Monoethylene Glycol Meg Market Overview

The Monoethylene Glycol (MEG) market in Indonesia has witnessed steady expansion driven by the rising demand from key sectors such as textiles, automotive, and packaging. MEG, a crucial raw material for the production of polyester fibers and resins, has seen a surge in consumption due to the robust growth of these industries in the country.

Drivers of the Market

The MEG market in Indonesia is primarily driven by the growing demand in the textile, automotive, and packaging industries. MEG is a key component in the production of polyester fibers and resins, and its use in these industries continues to grow.

Challenges of the Market

The MEG market in Indonesia faces challenges related to its dependence on the petrochemical industry. MEG is a crucial component in the production of polyester fibers, resins, and antifreeze, and the demand for these products is influenced by factors such as oil prices, economic conditions, and environmental concerns. Fluctuations in crude oil prices can affect the cost of ethylene glycol production, making the market susceptible to price volatility. Environmental regulations and sustainability considerations may also impact the use of MEG in various applications, necessitating adaptations and innovations to remain competitive in the market.

COVID-19 Impacts on the Market

The COVID-19 pandemic had a significant impact on the Monoethylene Glycol (MEG) market in Indonesia. As the pandemic disrupted global supply chains and led to decreased demand in various industries, including textiles, plastics, and packaging, the MEG market in Indonesia experienced fluctuations. Lockdowns and restrictions led to reduced production in many sectors, which in turn affected the demand for MEG. This drop in demand and disruptions in transportation had a negative impact on the MEG market, causing fluctuations in prices and supply availability.

Key Players of the Makret

Key players in the Indonesian MEG market include PT Chandra Asri Petrochemical Tbk, Reliance Industries Limited, and Sinopec Corporation. These companies are major producers of MEG, which is a key ingredient in the production of polyester fibers, resins, and antifreeze.

Key Highlights of the Report:

• Indonesia Monoethylene Glycol (MEG) Market Outlook
• Market Size of Indonesia Monoethylene Glycol (MEG) Market, 2024
• Forecast of Indonesia Monoethylene Glycol (MEG) Market, 2031
• Historical Data and Forecast of Indonesia Monoethylene Glycol (MEG) Revenues & Volume for the Period 2021-2031
• Indonesia Monoethylene Glycol (MEG) Market Trend Evolution
• Indonesia Monoethylene Glycol (MEG) Market Drivers and Challenges
• Indonesia Monoethylene Glycol (MEG) Price Trends
• Indonesia Monoethylene Glycol (MEG) Porter's Five Forces
• Indonesia Monoethylene Glycol (MEG) Industry Life Cycle
• Historical Data and Forecast of Indonesia Monoethylene Glycol (MEG) Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of Indonesia Monoethylene Glycol (MEG) Market Revenues & Volume By Fiber for the Period 2021-2031
• Historical Data and Forecast of Indonesia Monoethylene Glycol (MEG) Market Revenues & Volume By PET for the Period 2021-2031
• Historical Data and Forecast of Indonesia Monoethylene Glycol (MEG) Market Revenues & Volume By Film for the Period 2021-2031
• Historical Data and Forecast of Indonesia Monoethylene Glycol (MEG) Market Revenues & Volume By Antifreeze & Coolant for the Period 2021-2031
• Historical Data and Forecast of Indonesia Monoethylene Glycol (MEG) Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of Indonesia Monoethylene Glycol (MEG) Market Revenues & Volume By Technology for the Period 2021-2031
• Historical Data and Forecast of Indonesia Monoethylene Glycol (MEG) Market Revenues & Volume By Naphtha-based for the Period 2021-2031
• Historical Data and Forecast of Indonesia Monoethylene Glycol (MEG) Market Revenues & Volume By Coal-and natural gas-based for the Period 2021-2031
• Historical Data and Forecast of Indonesia Monoethylene Glycol (MEG) Market Revenues & Volume By Bio-based for the Period 2021-2031
• Historical Data and Forecast of Indonesia Monoethylene Glycol (MEG) Market Revenues & Volume By Technology Providers for the Period 2021-2031
• Indonesia Monoethylene Glycol (MEG) Import Export Trade Statistics
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By Technology
• Indonesia Monoethylene Glycol (MEG) Top Companies Market Share
• Indonesia Monoethylene Glycol (MEG) Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Monoethylene Glycol (MEG) Company Profiles
• Indonesia Monoethylene Glycol (MEG) Key Strategic Recommendations