Monoethylene Glycol (MEG) Market to Record Sturdy Growth by 2023
The top three players in the monoethylene glycol (MEG) market held a combined share of 29.3%, in the global market, finds Transparency Market Research. These leading companies are Royal Dutch Shell Plc., SABIC, and the Dow Chemical Company. The sizeable shares held by these players notwithstanding, the competitive landscape is still fairly fragmented. This is due to the substantial clout held by several regional and indigenous producers of monoethylene glycol. The market is increasingly competitive with regional players constantly striving to subvert the dominance of the leading incumbents by focusing on capacity expansions. In the coming years, the intensity of competition is likely to rise further. Read Report Overview @ https://www.transparencymarketresearch.com/monoethylene-glycol-market.html TMR observes that the threat of entry by new players is low and is expected to remain so until the end of the assessment timeline. The entrants must maneuver the str...
