Australia Monoethylene Glycol (MEG) Market (2025-2031) Outlook | Analysis, Companies, Size, Value, Industry, Growth, Revenue, Trends, Share & Forecast
Market Forecast By Application (Fiber, PET, Film, Antifreeze & Coolant, Others), By Technology (Naphtha-based, Coal-and natural gas-based, Bio-based, Technology Providers) And Competitive Landscape
| Product Code: ETC4489236 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Australia Monoethylene Glycol Meg Market Overview
Monoethylene glycol (MEG) is an essential component in the production of polyester fibers and antifreeze solutions. In Australia, the market is driven by applications in the textile and automotive sectors. The rise in demand for PET (polyethylene terephthalate) bottles further fuels the need for MEG. However, market dynamics are influenced by raw material availability and the push for more sustainable production methods.
Drivers of the market
The monoethylene glycol market in Australia is expanding due to increasing demand for polyester fibers, resins, and antifreeze products. Rising adoption of MEG for improving product durability and processing efficiency is driving market growth. Enhanced focus on developing bio-based and sustainable MEG formulations is supporting market performance.
Challenges of the market
The MEG market in Australia is constrained by volatile crude oil and ethylene prices, which increase production costs. Limited domestic production capacity and dependence on imports create supply chain vulnerabilities. Competition from alternative glycol products and environmental regulations on glycol handling further challenge the market.
Investment opportunities in the Market
The Australia Monoethylene Glycol Market presents promising growth opportunities due to increasing demand for polyester fibers and antifreeze. Investment opportunities include improving production efficiency, developing bio-based MEG, and expanding into automotive and textile industries.
Government Policy of the market
Monoethylene glycol used in antifreeze and polyester production is regulated under the AICIS. Importers and manufacturers must provide chemical safety data and meet occupational health standards under the Work Health and Safety Act 2011. Environmental guidelines for waste disposal are enforced under the Environmental Protection Act 1997.
Key Highlights of the Report:
- Australia Monoethylene Glycol (MEG) Market Outlook
- Market Size of Australia Monoethylene Glycol (MEG) Market, 2024
- Forecast of Australia Monoethylene Glycol (MEG) Market, 2031
- Historical Data and Forecast of Australia Monoethylene Glycol (MEG) Revenues & Volume for the Period 2021-2031
- Australia Monoethylene Glycol (MEG) Market Trend Evolution
- Australia Monoethylene Glycol (MEG) Market Drivers and Challenges
- Australia Monoethylene Glycol (MEG) Price Trends
- Australia Monoethylene Glycol (MEG) Porter's Five Forces
- Australia Monoethylene Glycol (MEG) Industry Life Cycle
- Historical Data and Forecast of Australia Monoethylene Glycol (MEG) Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Australia Monoethylene Glycol (MEG) Market Revenues & Volume By Fiber for the Period 2021-2031
- Historical Data and Forecast of Australia Monoethylene Glycol (MEG) Market Revenues & Volume By PET for the Period 2021-2031
- Historical Data and Forecast of Australia Monoethylene Glycol (MEG) Market Revenues & Volume By Film for the Period 2021-2031
- Historical Data and Forecast of Australia Monoethylene Glycol (MEG) Market Revenues & Volume By Antifreeze & Coolant for the Period 2021-2031
- Historical Data and Forecast of Australia Monoethylene Glycol (MEG) Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Australia Monoethylene Glycol (MEG) Market Revenues & Volume By Technology for the Period 2021-2031
- Historical Data and Forecast of Australia Monoethylene Glycol (MEG) Market Revenues & Volume By Naphtha-based for the Period 2021-2031
- Historical Data and Forecast of Australia Monoethylene Glycol (MEG) Market Revenues & Volume By Coal-and natural gas-based for the Period 2021-2031
- Historical Data and Forecast of Australia Monoethylene Glycol (MEG) Market Revenues & Volume By Bio-based for the Period 2021-2031
- Historical Data and Forecast of Australia Monoethylene Glycol (MEG) Market Revenues & Volume By Technology Providers for the Period 2021-2031
- Australia Monoethylene Glycol (MEG) Import Export Trade Statistics
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Technology
- Australia Monoethylene Glycol (MEG) Top Companies Market Share
- Australia Monoethylene Glycol (MEG) Competitive Benchmarking By Technical and Operational Parameters
- Australia Monoethylene Glycol (MEG) Company Profiles
- Australia Monoethylene Glycol (MEG) Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Australia Monoethylene Glycol (MEG) Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Australia Monoethylene Glycol (MEG) Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 (MEG) Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Monoethylene Glycol (MEG) Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Monoethylene Glycol (MEG) Market - Industry Life Cycle |
3.4 Australia Monoethylene Glycol (MEG) Market - Porter's Five Forces |
3.5 Australia Monoethylene Glycol (MEG) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Australia Monoethylene Glycol (MEG) Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Australia Monoethylene Glycol (MEG) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Strong demand from end-use industries such as textiles, packaging, and automotive |
4.2.2 Growing use of monoethylene glycol in the production of PET resins |
4.2.3 Increasing investments in manufacturing facilities and infrastructure development |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices, such as ethylene and naphtha |
4.3.2 Stringent regulations on environmental sustainability and emissions control |
4.3.3 Competition from alternative products like bio-based ethylene glycol |
5 Australia Monoethylene Glycol (MEG) Market Trends |
6 Australia Monoethylene Glycol (MEG) Market, By Types |
6.1 Australia Monoethylene Glycol (MEG) Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Australia Monoethylene Glycol (MEG) Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Australia Monoethylene Glycol (MEG) Market Revenues & Volume, By Fiber, 2021-2031F |
6.1.4 Australia Monoethylene Glycol (MEG) Market Revenues & Volume, By PET, 2021-2031F |
6.1.5 Australia Monoethylene Glycol (MEG) Market Revenues & Volume, By Film, 2021-2031F |
6.1.6 Australia Monoethylene Glycol (MEG) Market Revenues & Volume, By Antifreeze & Coolant, 2021-2031F |
6.1.7 Australia Monoethylene Glycol (MEG) Market Revenues & Volume, By Others, 2021-2031F |
6.2 Australia Monoethylene Glycol (MEG) Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Australia Monoethylene Glycol (MEG) Market Revenues & Volume, By Naphtha-based, 2021-2031F |
6.2.3 Australia Monoethylene Glycol (MEG) Market Revenues & Volume, By Coal-and natural gas-based, 2021-2031F |
6.2.4 Australia Monoethylene Glycol (MEG) Market Revenues & Volume, By Bio-based, 2021-2031F |
6.2.5 Australia Monoethylene Glycol (MEG) Market Revenues & Volume, By Technology Providers, 2021-2031F |
7 Australia Monoethylene Glycol (MEG) Market Import-Export Trade Statistics |
7.1 Australia Monoethylene Glycol (MEG) Market Export to Major Countries |
7.2 Australia Monoethylene Glycol (MEG) Market Imports from Major Countries |
8 Australia Monoethylene Glycol (MEG) Market Key Performance Indicators |
8.1 Average selling price of monoethylene glycol in the Australian market |
8.2 Capacity utilization rate of monoethylene glycol production facilities |
8.3 Import/export volume trends of monoethylene glycol in Australia |
9 Australia Monoethylene Glycol (MEG) Market - Opportunity Assessment |
9.1 Australia Monoethylene Glycol (MEG) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Australia Monoethylene Glycol (MEG) Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Australia Monoethylene Glycol (MEG) Market - Competitive Landscape |
10.1 Australia Monoethylene Glycol (MEG) Market Revenue Share, By Companies, 2024 |
10.2 Australia Monoethylene Glycol (MEG) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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