Market research & Consulting- NewAge

  India Monoethylene Glycol (MEG) Market   has   reached USD2.53 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 5.00% through 2029.   Mono Ethylene Glycol (MEG) is primarily produced through the oxidation of ethylene in the presence of a silver oxide catalyst at high temperatures. The resulting ethylene oxide is then hydrated to yield mono ethylene glycol, accompanied by the production of di and tri ethylene glycols as co-products. MEG itself is a colorless, odorless, and syrupy liquid with a sweet taste. It can be stored in stainless steel, aluminum, or lined drums, tank cars, or tank trucks. With a specific gravity of 1.115 and a flashpoint of 110 °C (closed cup), it is important to note that MEG is unsuitable for transportation by road, rail, air, or sea due to its harmful nature, particularly if swallowed. The applications of mono-ethylene glycol are extensive. Notably, it is a crucial ingredient in the productio...