| Product Code: ETC5673631 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Belgium`s import shipments of monoethylene glycol (MEG) in 2024 continued to see significant growth, with the top exporting countries being the Netherlands, USA, Germany, Saudi Arabia, and Ireland. The market showed a shift towards very high concentration in 2024 compared to the previous year, indicating a more dominant presence of key suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a strong 9.99%, with an impressive growth rate of 48.72% from 2023 to 2024, pointing towards a robust and dynamic market for MEG imports in Belgium.

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 Belgium Monoethylene Glycol (MEG) Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Monoethylene Glycol (MEG) Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Monoethylene Glycol (MEG) Market - Industry Life Cycle |
3.4 Belgium Monoethylene Glycol (MEG) Market - Porter's Five Forces |
3.5 Belgium Monoethylene Glycol (MEG) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Belgium Monoethylene Glycol (MEG) Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Belgium Monoethylene Glycol (MEG) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for monoethylene glycol (MEG) in various end-use industries such as textiles, packaging, and automotive. |
4.2.2 Growth in the production of polyethylene terephthalate (PET) resin, which is a major application of MEG. |
4.2.3 Favorable government regulations promoting the use of bio-based MEG as a sustainable alternative. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as ethylene and natural gas impacting the production cost of MEG. |
4.3.2 Volatility in crude oil prices affecting the overall pricing of MEG in the market. |
4.3.3 Environmental concerns related to the production and disposal of MEG leading to regulatory challenges. |
5 Belgium Monoethylene Glycol (MEG) Market Trends |
6 Belgium Monoethylene Glycol (MEG) Market Segmentations |
6.1 Belgium Monoethylene Glycol (MEG) Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Belgium Monoethylene Glycol (MEG) Market Revenues & Volume, By Fiber, 2021-2031F |
6.1.3 Belgium Monoethylene Glycol (MEG) Market Revenues & Volume, By PET, 2021-2031F |
6.1.4 Belgium Monoethylene Glycol (MEG) Market Revenues & Volume, By Film, 2021-2031F |
6.1.5 Belgium Monoethylene Glycol (MEG) Market Revenues & Volume, By Antifreeze & Coolant, 2021-2031F |
6.1.6 Belgium Monoethylene Glycol (MEG) Market Revenues & Volume, By Others, 2021-2031F |
6.2 Belgium Monoethylene Glycol (MEG) Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Belgium Monoethylene Glycol (MEG) Market Revenues & Volume, By Naphtha-based, 2021-2031F |
6.2.3 Belgium Monoethylene Glycol (MEG) Market Revenues & Volume, By Coal-and natural gas-based, 2021-2031F |
6.2.4 Belgium Monoethylene Glycol (MEG) Market Revenues & Volume, By Bio-based, 2021-2031F |
6.2.5 Belgium Monoethylene Glycol (MEG) Market Revenues & Volume, By Technology Providers, 2021-2031F |
7 Belgium Monoethylene Glycol (MEG) Market Import-Export Trade Statistics |
7.1 Belgium Monoethylene Glycol (MEG) Market Export to Major Countries |
7.2 Belgium Monoethylene Glycol (MEG) Market Imports from Major Countries |
8 Belgium Monoethylene Glycol (MEG) Market Key Performance Indicators |
8.1 Capacity utilization rate of MEG production facilities in Belgium. |
8.2 Research and development investments in innovative MEG production technologies. |
8.3 Adoption rate of bio-based MEG in the Belgian market. |
8.4 Energy efficiency improvements in MEG production processes. |
8.5 Market penetration of MEG in emerging applications such as antifreeze and solvents. |
9 Belgium Monoethylene Glycol (MEG) Market - Opportunity Assessment |
9.1 Belgium Monoethylene Glycol (MEG) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Belgium Monoethylene Glycol (MEG) Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Belgium Monoethylene Glycol (MEG) Market - Competitive Landscape |
10.1 Belgium Monoethylene Glycol (MEG) Market Revenue Share, By Companies, 2024 |
10.2 Belgium Monoethylene Glycol (MEG) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |