Product Code: ETC6185559 | Publication Date: Sep 2024 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Monoethylene Glycol (MEG) market in Australia is largely driven by its use in polyester fiber production and antifreeze formulations. Industrial growth and demand from textile and packaging sectors influence market dynamics. Imports primarily support domestic demand, with price volatility in crude oil affecting MEG production economics.
The monoethylene glycol market in Australia is driven by demand from polyester fiber, PET bottles, and antifreeze applications. Local consumption is influenced by the textiles and automotive sectors. Environmental concerns and efforts to reduce dependence on fossil-derived chemicals are encouraging bio-based alternatives.
The monoethylene glycol market in Australia faces challenges from global oversupply and price volatility, which affect profitability. Environmental regulations targeting glycol production processes put additional compliance burdens on manufacturers. Moreover, demand fluctuations in downstream industries like textiles and automotive create unstable growth patterns.
The monoethylene glycol market in Australia is bolstered by demand in antifreeze, PET production, and textiles. Investment opportunities lie in green and bio-based MEG manufacturing, given the global push toward sustainability. Local production can also benefit from Australias rich natural gas reserves and favorable export policies, making it attractive for both domestic use and export.
The Australia government regulates the chemical industry stringently through AICIS, with specific guidelines for storage, labeling, and environmental handling of substances like monoethylene glycol (MEG). Importation and manufacturing are governed by safety and workplace compliance laws, and there is increased emphasis on greener production aligned with emissions targets under national climate policy.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Monoethylene Glycol Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Monoethylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Monoethylene Glycol Market - Industry Life Cycle |
3.4 Australia Monoethylene Glycol Market - Porter's Five Forces |
3.5 Australia Monoethylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Australia Monoethylene Glycol Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Australia Monoethylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Monoethylene Glycol Market Trends |
6 Australia Monoethylene Glycol Market, By Types |
6.1 Australia Monoethylene Glycol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Australia Monoethylene Glycol Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Australia Monoethylene Glycol Market Revenues & Volume, By PET, 2021- 2031F |
6.1.4 Australia Monoethylene Glycol Market Revenues & Volume, By Polyester Fibers, 2021- 2031F |
6.1.5 Australia Monoethylene Glycol Market Revenues & Volume, By Antifreeze, 2021- 2031F |
6.1.6 Australia Monoethylene Glycol Market Revenues & Volume, By Other Applications, 2021- 2031F |
6.2 Australia Monoethylene Glycol Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Australia Monoethylene Glycol Market Revenues & Volume, By Packaging, 2021- 2031F |
6.2.3 Australia Monoethylene Glycol Market Revenues & Volume, By Textile, 2021- 2031F |
6.2.4 Australia Monoethylene Glycol Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.5 Australia Monoethylene Glycol Market Revenues & Volume, By Plastics, 2021- 2031F |
6.2.6 Australia Monoethylene Glycol Market Revenues & Volume, By Other End-Uses, 2021- 2031F |
7 Australia Monoethylene Glycol Market Import-Export Trade Statistics |
7.1 Australia Monoethylene Glycol Market Export to Major Countries |
7.2 Australia Monoethylene Glycol Market Imports from Major Countries |
8 Australia Monoethylene Glycol Market Key Performance Indicators |
9 Australia Monoethylene Glycol Market - Opportunity Assessment |
9.1 Australia Monoethylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Australia Monoethylene Glycol Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Australia Monoethylene Glycol Market - Competitive Landscape |
10.1 Australia Monoethylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Australia Monoethylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |