China Monoethylene Glycol (MEG) Market (2026-2032) Outlook | Value, Trends, Forecast, Industry, Size, Share, Companies, Revenue, Analysis & Growth
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: ETC4489222 | Publication Date: Jul 2023 | Updated Date: Mar 2026 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
China Monoethylene Glycol (Meg) Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, China monoethylene glycol (MEG) import market saw significant contributions from top exporters such as Saudi Arabia, Canada, USA, Kuwait, and Oman. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a negative compound annual growth rate (CAGR) of -8.09% from 2020 to 2024, there was a slight growth uptick of 0.68% from 2023 to 2024. This data suggests a stable but competitive landscape for MEG imports into China, with key players maintaining their positions in the market.
Key Highlights of the Report:
- China Monoethylene Glycol (MEG) Market Outlook
- Market Size of China Monoethylene Glycol (MEG) Market, 2025
- Forecast of China Monoethylene Glycol (MEG) Market, 2032
- Historical Data and Forecast of China Monoethylene Glycol (MEG) Revenues & Volume for the Period 2022 - 2032F
- China Monoethylene Glycol (MEG) Market Trend Evolution
- China Monoethylene Glycol (MEG) Market Drivers and Challenges
- China Monoethylene Glycol (MEG) Price Trends
- China Monoethylene Glycol (MEG) Porter's Five Forces
- China Monoethylene Glycol (MEG) Industry Life Cycle
- Historical Data and Forecast of China Monoethylene Glycol (MEG) Market Revenues & Volume By Application for the Period 2022 - 2032F
- Historical Data and Forecast of China Monoethylene Glycol (MEG) Market Revenues & Volume By Fiber for the Period 2022 - 2032F
- Historical Data and Forecast of China Monoethylene Glycol (MEG) Market Revenues & Volume By PET for the Period 2022 - 2032F
- Historical Data and Forecast of China Monoethylene Glycol (MEG) Market Revenues & Volume By Film for the Period 2022 - 2032F
- Historical Data and Forecast of China Monoethylene Glycol (MEG) Market Revenues & Volume By Antifreeze & Coolant for the Period 2022 - 2032F
- Historical Data and Forecast of China Monoethylene Glycol (MEG) Market Revenues & Volume By Others for the Period 2022 - 2032F
- Historical Data and Forecast of China Monoethylene Glycol (MEG) Market Revenues & Volume By Technology for the Period 2022 - 2032F
- Historical Data and Forecast of China Monoethylene Glycol (MEG) Market Revenues & Volume By Naphtha-based for the Period 2022 - 2032F
- Historical Data and Forecast of China Monoethylene Glycol (MEG) Market Revenues & Volume By Coal-and natural gas-based for the Period 2022 - 2032F
- Historical Data and Forecast of China Monoethylene Glycol (MEG) Market Revenues & Volume By Bio-based for the Period 2022 - 2032F
- Historical Data and Forecast of China Monoethylene Glycol (MEG) Market Revenues & Volume By Technology Providers for the Period 2022 - 2032F
- China Monoethylene Glycol (MEG) Import Export Trade Statistics
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Technology
- China Monoethylene Glycol (MEG) Top Companies Market Share
- China Monoethylene Glycol (MEG) Competitive Benchmarking By Technical and Operational Parameters
- China Monoethylene Glycol (MEG) Company Profiles
- China Monoethylene Glycol (MEG) Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the China 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 China 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 China Monoethylene Glycol (MEG) Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Monoethylene Glycol (MEG) Market Revenues & Volume, 2022 & 2032F |
3.3 China Monoethylene Glycol (MEG) Market - Industry Life Cycle |
3.4 China Monoethylene Glycol (MEG) Market - Porter's Five Forces |
3.5 China Monoethylene Glycol (MEG) Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.6 China Monoethylene Glycol (MEG) Market Revenues & Volume Share, By Technology, 2022 & 2032F |
4 China Monoethylene Glycol (MEG) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for PET bottles and polyester fibers, which are major applications of monoethylene glycol (MEG) in China. |
4.2.2 Growing textile industry in China, leading to higher consumption of MEG for polyester production. |
4.2.3 Government initiatives promoting the use of bio-based MEG, driving market growth. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the production cost of MEG. |
4.3.2 Environmental concerns related to the production and disposal of MEG. |
4.3.3 Competition from other glycols and alternative materials in certain applications. |
5 China Monoethylene Glycol (MEG) Market Trends |
6 China Monoethylene Glycol (MEG) Market, By Types |
6.1 China Monoethylene Glycol (MEG) Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 China Monoethylene Glycol (MEG) Market Revenues & Volume, By Application, 2022 - 2032F |
6.1.3 China Monoethylene Glycol (MEG) Market Revenues & Volume, By Fiber, 2022 - 2032F |
6.1.4 China Monoethylene Glycol (MEG) Market Revenues & Volume, By PET, 2022 - 2032F |
6.1.5 China Monoethylene Glycol (MEG) Market Revenues & Volume, By Film, 2022 - 2032F |
6.1.6 China Monoethylene Glycol (MEG) Market Revenues & Volume, By Antifreeze & Coolant, 2022 - 2032F |
6.1.7 China Monoethylene Glycol (MEG) Market Revenues & Volume, By Others, 2022 - 2032F |
6.2 China Monoethylene Glycol (MEG) Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 China Monoethylene Glycol (MEG) Market Revenues & Volume, By Naphtha-based, 2022 - 2032F |
6.2.3 China Monoethylene Glycol (MEG) Market Revenues & Volume, By Coal-and natural gas-based, 2022 - 2032F |
6.2.4 China Monoethylene Glycol (MEG) Market Revenues & Volume, By Bio-based, 2022 - 2032F |
6.2.5 China Monoethylene Glycol (MEG) Market Revenues & Volume, By Technology Providers, 2022 - 2032F |
7 China Monoethylene Glycol (MEG) Market Import-Export Trade Statistics |
7.1 China Monoethylene Glycol (MEG) Market Export to Major Countries |
7.2 China Monoethylene Glycol (MEG) Market Imports from Major Countries |
8 China Monoethylene Glycol (MEG) Market Key Performance Indicators |
8.1 Average selling price of MEG in China. |
8.2 Capacity utilization rate of MEG production facilities. |
8.3 Adoption rate of bio-based MEG in the market. |
8.4 Growth rate of the textile industry in China. |
8.5 Percentage of MEG production capacity that is compliant with environmental regulations. |
9 China Monoethylene Glycol (MEG) Market - Opportunity Assessment |
9.1 China Monoethylene Glycol (MEG) Market Opportunity Assessment, By Application, 2022 & 2032F |
9.2 China Monoethylene Glycol (MEG) Market Opportunity Assessment, By Technology, 2022 & 2032F |
10 China Monoethylene Glycol (MEG) Market - Competitive Landscape |
10.1 China Monoethylene Glycol (MEG) Market Revenue Share, By Companies, 2025 |
10.2 China Monoethylene Glycol (MEG) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential assessment - trade Analytics for 2030
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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