Cyprus Monoethylene Glycol (MEG) Market (2025-2031) | Size, Outlook, Trends, Companies, Segmentation, Analysis, Industry, Revenue, Share, Forecast, Value & 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: ETC5673652 | 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 |
Cyprus Monoethylene Glycol (meg) Market Import Shipment by Countries (Top 5) & Competition (HHI)
In 2024, Cyprus continued to rely on key European countries like Belgium, Netherlands, UK, Germany, and Metropolitan France for its monoethylene glycol (MEG) imports. Despite a concerning high Herfindahl-Hirschman Index (HHI) indicating market concentration, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 2.65%. However, there was a notable downturn in growth from 2023 to 2024, with a negative growth rate of -19.05%. This suggests potential shifts in market dynamics or external factors impacting MEG import shipments to Cyprus.
Key Highlights of the Report:
- Cyprus Monoethylene Glycol (MEG) Market Outlook
- Market Size of Cyprus Monoethylene Glycol (MEG) Market, 2024
- Forecast of Cyprus Monoethylene Glycol (MEG) Market, 2031
- Historical Data and Forecast of Cyprus Monoethylene Glycol (MEG) Revenues & Volume for the Period 2021-2031
- Cyprus Monoethylene Glycol (MEG) Market Trend Evolution
- Cyprus Monoethylene Glycol (MEG) Market Drivers and Challenges
- Cyprus Monoethylene Glycol (MEG) Price Trends
- Cyprus Monoethylene Glycol (MEG) Porter`s Five Forces
- Cyprus Monoethylene Glycol (MEG) Industry Life Cycle
- Historical Data and Forecast of Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume By Fiber for the Period 2021-2031
- Historical Data and Forecast of Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume By PET for the Period 2021-2031
- Historical Data and Forecast of Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume By Film for the Period 2021-2031
- Historical Data and Forecast of Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume By Antifreeze & Coolant for the Period 2021-2031
- Historical Data and Forecast of Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume By Technology for the Period 2021-2031
- Historical Data and Forecast of Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume By Naphtha-based for the Period 2021-2031
- Historical Data and Forecast of Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume By Coal-and natural gas-based for the Period 2021-2031
- Historical Data and Forecast of Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume By Bio-based for the Period 2021-2031
- Historical Data and Forecast of Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume By Technology Providers for the Period 2021-2031
- Cyprus Monoethylene Glycol (MEG) Import Export Trade Statistics
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Technology
- Cyprus Monoethylene Glycol (MEG) Top Companies Market Share
- Cyprus Monoethylene Glycol (MEG) Competitive Benchmarking By Technical and Operational Parameters
- Cyprus Monoethylene Glycol (MEG) Company Profiles
- Cyprus Monoethylene Glycol (MEG) Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Cyprus 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 Cyprus Monoethylene Glycol (MEG) Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Cyprus Monoethylene Glycol (MEG) Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Monoethylene Glycol (MEG) Market - Industry Life Cycle |
3.4 Cyprus Monoethylene Glycol (MEG) Market - Porter's Five Forces |
3.5 Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Cyprus Monoethylene Glycol (MEG) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for PET bottles and polyester fibers which are major applications of monoethylene glycol (MEG) |
4.2.2 Increasing use of MEG in the production of antifreeze, coolants, and solvents |
4.2.3 Rise in the construction industry leading to higher demand for MEG-based products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production |
4.3.2 Environmental concerns associated with the production and disposal of MEG |
4.3.3 Competition from alternative products such as bio-based ethylene glycol |
5 Cyprus Monoethylene Glycol (MEG) Market Trends |
6 Cyprus Monoethylene Glycol (MEG) Market Segmentations |
6.1 Cyprus Monoethylene Glycol (MEG) Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume, By Fiber, 2021-2031F |
6.1.3 Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume, By PET, 2021-2031F |
6.1.4 Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume, By Film, 2021-2031F |
6.1.5 Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume, By Antifreeze & Coolant, 2021-2031F |
6.1.6 Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cyprus Monoethylene Glycol (MEG) Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume, By Naphtha-based, 2021-2031F |
6.2.3 Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume, By Coal-and natural gas-based, 2021-2031F |
6.2.4 Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume, By Bio-based, 2021-2031F |
6.2.5 Cyprus Monoethylene Glycol (MEG) Market Revenues & Volume, By Technology Providers, 2021-2031F |
7 Cyprus Monoethylene Glycol (MEG) Market Import-Export Trade Statistics |
7.1 Cyprus Monoethylene Glycol (MEG) Market Export to Major Countries |
7.2 Cyprus Monoethylene Glycol (MEG) Market Imports from Major Countries |
8 Cyprus Monoethylene Glycol (MEG) Market Key Performance Indicators |
8.1 Average selling price of MEG in Cyprus |
8.2 Capacity utilization rate of MEG production facilities in Cyprus |
8.3 Rate of adoption of MEG in new applications in the market |
9 Cyprus Monoethylene Glycol (MEG) Market - Opportunity Assessment |
9.1 Cyprus Monoethylene Glycol (MEG) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Cyprus Monoethylene Glycol (MEG) Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Cyprus Monoethylene Glycol (MEG) Market - Competitive Landscape |
10.1 Cyprus Monoethylene Glycol (MEG) Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Monoethylene Glycol (MEG) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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