| Product Code: ETC7548249 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a slight decline in growth rate from 2023 to 2024, India`s import of monoethylene glycol continued to be dominated by key suppliers such as Kuwait, Saudi Arabia, UAE, China, and India itself. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to competitive challenges. With a strong compound annual growth rate (CAGR) of 23.22% from 2020 to 2024, the Indian market for monoethylene glycol imports remains dynamic and attractive for suppliers. Continued monitoring of market trends and competition dynamics will be crucial for stakeholders in the industry.

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 India Monoethylene Glycol Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Monoethylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 India Monoethylene Glycol Market - Industry Life Cycle |
3.4 India Monoethylene Glycol Market - Porter's Five Forces |
3.5 India Monoethylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Monoethylene Glycol Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 India Monoethylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for polyester fibers and resins in various industries such as textiles, packaging, and automotive is boosting the India monoethylene glycol market. |
4.2.2 Increasing investments in the petrochemical sector in India, leading to expansions and new production capacities, are driving the growth of the monoethylene glycol market. |
4.2.3 Shift towards eco-friendly and bio-based raw materials in manufacturing processes is creating opportunities for bio-based monoethylene glycol in the Indian market. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as ethylene and naphtha can impact the profitability of monoethylene glycol manufacturers in India. |
4.3.2 Stringent regulations and environmental concerns regarding the use of ethylene glycol in certain applications may hamper the market growth. |
4.3.3 Economic downturns or slowdowns in key end-user industries like textiles and automotive can affect the demand for monoethylene glycol in India. |
5 India Monoethylene Glycol Market Trends |
6 India Monoethylene Glycol Market, By Types |
6.1 India Monoethylene Glycol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Monoethylene Glycol Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 India Monoethylene Glycol Market Revenues & Volume, By PET, 2021- 2031F |
6.1.4 India Monoethylene Glycol Market Revenues & Volume, By Polyester Fibers, 2021- 2031F |
6.1.5 India Monoethylene Glycol Market Revenues & Volume, By Antifreeze, 2021- 2031F |
6.1.6 India Monoethylene Glycol Market Revenues & Volume, By Other Applications, 2021- 2031F |
6.2 India Monoethylene Glycol Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 India Monoethylene Glycol Market Revenues & Volume, By Packaging, 2021- 2031F |
6.2.3 India Monoethylene Glycol Market Revenues & Volume, By Textile, 2021- 2031F |
6.2.4 India Monoethylene Glycol Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.5 India Monoethylene Glycol Market Revenues & Volume, By Plastics, 2021- 2031F |
6.2.6 India Monoethylene Glycol Market Revenues & Volume, By Other End-Uses, 2021- 2031F |
7 India Monoethylene Glycol Market Import-Export Trade Statistics |
7.1 India Monoethylene Glycol Market Export to Major Countries |
7.2 India Monoethylene Glycol Market Imports from Major Countries |
8 India Monoethylene Glycol Market Key Performance Indicators |
8.1 Capacity utilization rate of monoethylene glycol plants in India. |
8.2 Adoption rate of bio-based monoethylene glycol products in key industries. |
8.3 Research and development investments in enhancing the production efficiency and sustainability of monoethylene glycol in India. |
9 India Monoethylene Glycol Market - Opportunity Assessment |
9.1 India Monoethylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Monoethylene Glycol Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 India Monoethylene Glycol Market - Competitive Landscape |
10.1 India Monoethylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 India Monoethylene Glycol 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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