Mono ethylene glycol Precursor of polymers
mONO eHYLENE GLYCOL AND INDUSTRY In plastics industry, MEG is an important precursor to a number of thermoplastic resins. It is widely used as a precursor of polyester fibers and resins. Polyethylene terephthalate (PET), which is used to make plastic bottles for carbonated beverages and water, is also used as a precursor. As a drying agent, it is used in the natural gas industry to remove water vapor from natural gas before processing. As a hydrate inhibitor, it is widely used to inhibit the formulation of natural gas hydrates (chlorates) in pipelines that transport natural gas from the gas remotely to the processing center. Becomes. It can also be recovered with natural gas and reused as an inhibitor. Global production and market share of monoethylene glycol The global monoethylene glycol (MEG) market is valued at $ 365.31 million in 2020 and will grow from 2020 to 2027, according to CAGR.…