| Product Code: ETC5673643 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Canada monoethylene glycol (MEG) market, the import trend experienced a significant decline from 2023 to 2024, with a growth rate of -46.13%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at -12.06%. This notable downturn in import momentum could be attributed to shifts in demand dynamics or alterations in trade policies affecting market stability.

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 Canada Monoethylene Glycol (MEG) Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Monoethylene Glycol (MEG) Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Monoethylene Glycol (MEG) Market - Industry Life Cycle |
3.4 Canada Monoethylene Glycol (MEG) Market - Porter's Five Forces |
3.5 Canada Monoethylene Glycol (MEG) Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.6 Canada Monoethylene Glycol (MEG) Market Revenues & Volume Share, By Technology, 2022 & 2032F |
4 Canada Monoethylene Glycol (MEG) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for PET (polyethylene terephthalate) packaging in various industries |
4.2.2 Growing automotive industry leading to higher demand for antifreeze and coolants |
4.2.3 Rising construction activities driving demand for paints and coatings |
4.3 Market Restraints |
4.3.1 Fluctuating crude oil prices impacting production costs |
4.3.2 Environmental concerns leading to a shift towards bio-based alternatives |
4.3.3 Intense competition from other glycol products in the market |
5 Canada Monoethylene Glycol (MEG) Market Trends |
6 Canada Monoethylene Glycol (MEG) Market Segmentations |
6.1 Canada Monoethylene Glycol (MEG) Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Canada Monoethylene Glycol (MEG) Market Revenues & Volume, By Fiber, 2022-2032F |
6.1.3 Canada Monoethylene Glycol (MEG) Market Revenues & Volume, By PET, 2022-2032F |
6.1.4 Canada Monoethylene Glycol (MEG) Market Revenues & Volume, By Film, 2022-2032F |
6.1.5 Canada Monoethylene Glycol (MEG) Market Revenues & Volume, By Antifreeze & Coolant, 2022-2032F |
6.1.6 Canada Monoethylene Glycol (MEG) Market Revenues & Volume, By Others, 2022-2032F |
6.2 Canada Monoethylene Glycol (MEG) Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Canada Monoethylene Glycol (MEG) Market Revenues & Volume, By Naphtha-based, 2022-2032F |
6.2.3 Canada Monoethylene Glycol (MEG) Market Revenues & Volume, By Coal-and natural gas-based, 2022-2032F |
6.2.4 Canada Monoethylene Glycol (MEG) Market Revenues & Volume, By Bio-based, 2022-2032F |
6.2.5 Canada Monoethylene Glycol (MEG) Market Revenues & Volume, By Technology Providers, 2022-2032F |
7 Canada Monoethylene Glycol (MEG) Market Import-Export Trade Statistics |
7.1 Canada Monoethylene Glycol (MEG) Market Export to Major Countries |
7.2 Canada Monoethylene Glycol (MEG) Market Imports from Major Countries |
8 Canada Monoethylene Glycol (MEG) Market Key Performance Indicators |
8.1 Average selling price of monoethylene glycol in the Canadian market |
8.2 Capacity utilization rate of monoethylene glycol production facilities |
8.3 Number of new product developments or innovations in the monoethylene glycol market |
8.4 Percentage of monoethylene glycol imports vs. domestic production |
8.5 Adoption rate of monoethylene glycol in emerging industries such as textiles or pharmaceuticals |
9 Canada Monoethylene Glycol (MEG) Market - Opportunity Assessment |
9.1 Canada Monoethylene Glycol (MEG) Market Opportunity Assessment, By Application, 2022 & 2032F |
9.2 Canada Monoethylene Glycol (MEG) Market Opportunity Assessment, By Technology, 2022 & 2032F |
10 Canada Monoethylene Glycol (MEG) Market - Competitive Landscape |
10.1 Canada Monoethylene Glycol (MEG) Market Revenue Share, By Companies, 2025 |
10.2 Canada Monoethylene Glycol (MEG) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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