Market Overview:
The global monoethyl adipate (MEA) market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The MEA above 97.0% segment is projected to account for the highest share in terms of value, in the global monoethyl adipate (MEA) market during the forecast period. The MEA above 98.0% segment is anticipated to grow at a higher CAGR as compared to other segments, during the forecast period. In terms of volume, Asia Pacific accounted for majority share in 2017 and it is projected to maintain its dominance throughout the forecast period owing to high demand from countries such as China and India.
Product Definition:
MEA is a colorless liquid with a faint, fatty odor. It is soluble in most organic solvents, but insoluble in water. MEA is used as an intermediate in the manufacture of various esters and polyesters.
MEA Above 97.0%:
MEA Above 97.0%, it's usage.
The Middle East & Africa region is expected to witness significant growth over the forecast period on account of increasing demand for polyester resins, which are used as a binder in adhesives. The growing construction industry coupled with rising automotive production is also likely to drive product demand over the next seven years.
MEA Above 98.0%:
The Middle East and Africa (MEA) market for monoethyl adipate is expected to witness significant growth over the forecast period. Increasing demand for bio-based products coupled with growing awareness regarding sustainable manufacturing processes is anticipated to drive the MEA above 98.0% market in coming years.
Application Insights:
The major applications of the product include pharmaceutical intermediates, other intermediates and solvents. Monoethyl adipate is used as a solvent in the manufacturing of various pharmaceutical products such as salts, tablets, ointments and syrups among others. The demand for MEA in these applications has witnessed growth due to its increasing use in formulating effervescent antacids that are highly preferred by consumers across the globe.
MEA is also used extensively for manufacturing other intermediate products including adhesives & sealants, coatings & emulsions among others which are further utilized by different industries such as construction materials (paints & coatings), automotive (lubricants) and food processing (emulsifiers). In addition to this, MEA is also widely utilized for manufacturing solid dosage forms such as capsules which can be consumed directly or dissolved in liquid depending upon their intended use.
Regional Analysis:
Asia Pacific monoethyl adipate market is expected to witness significant growth over the forecast period owing to the presence of a large number of manufacturers in countries such as China, India, and Japan. The region is also anticipated to emerge as one of the major manufacturing hubs for MEA due to low production costs and availability of skilled labor.
MEA demand in Europe was valued at USD X million in 2016 and is projected to grow at a CAGR close to 3% from 2017 till 2030 owing high product usage across several industries including automotive, construction, packaging among others.
Growth Factors:
- MEA is a versatile plasticizer that offers excellent compatibility with polyvinyl chloride (PVC) and other plastics. This makes it an ideal choice for a variety of applications, including automotive parts, wire and cable insulation, food packaging, and medical devices.
- MEA has good thermal stability and low volatility, making it an ideal choice for products that require resistance to heat or flame.
- MEA is non-toxic and environmentally friendly, making it a popular choice for products that come into contact with food or the human body.
- The global market for PVC is forecast to grow at a rate of 5% per year through 2020, providing strong growth potential for MEA suppliers. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Monoethyl Adipate (MEA) Market Research Report
By Type
MEA Above 97.0%, MEA Above 98.0%, MEA Above 99.0%
By Application
Pharmaceutical Intermediates, Solvents, Other
By Companies
Weifang Bincheng Chemical, Hangzhou Qianyang Technology, Yancheng Hejia Chemical, Triveni Chemical, Weifang Bincheng Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Monoethyl Adipate (MEA) Market Report Segments:
The global Monoethyl Adipate (MEA) market is segmented on the basis of:
Types
MEA Above 97.0%, MEA Above 98.0%, MEA Above 99.0%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical Intermediates, Solvents, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Weifang Bincheng Chemical
- Hangzhou Qianyang Technology
- Yancheng Hejia Chemical
- Triveni Chemical
- Weifang Bincheng Chemical
Highlights of The Monoethyl Adipate (MEA) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- MEA Above 97.0%
- MEA Above 98.0%
- MEA Above 99.0%
- By Application:
- Pharmaceutical Intermediates
- Solvents
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Monoethyl Adipate (MEA) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Monoethyl adipate is a type of plastic that is made from ethylene glycol and monoethylene glycol. It has a low melting point, so it can be used to make products that are heat-sensitive, such as food packaging.
Some of the major companies in the monoethyl adipate (mea) market are Weifang Bincheng Chemical, Hangzhou Qianyang Technology, Yancheng Hejia Chemical, Triveni Chemical, Weifang Bincheng Chemical.
The monoethyl adipate (mea) market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Monoethyl Adipate (MEA) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Monoethyl Adipate (MEA) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Monoethyl Adipate (MEA) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Monoethyl Adipate (MEA) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Monoethyl Adipate (MEA) Market Size & Forecast, 2020-2028 4.5.1 Monoethyl Adipate (MEA) Market Size and Y-o-Y Growth 4.5.2 Monoethyl Adipate (MEA) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 MEA Above 97.0%
5.2.2 MEA Above 98.0%
5.2.3 MEA Above 99.0%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceutical Intermediates
6.2.2 Solvents
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Monoethyl Adipate (MEA) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Monoethyl Adipate (MEA) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 MEA Above 97.0%
9.6.2 MEA Above 98.0%
9.6.3 MEA Above 99.0%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceutical Intermediates
9.10.2 Solvents
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 MEA Above 97.0%
10.6.2 MEA Above 98.0%
10.6.3 MEA Above 99.0%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceutical Intermediates
10.10.2 Solvents
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 MEA Above 97.0%
11.6.2 MEA Above 98.0%
11.6.3 MEA Above 99.0%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceutical Intermediates
11.10.2 Solvents
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 MEA Above 97.0%
12.6.2 MEA Above 98.0%
12.6.3 MEA Above 99.0%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceutical Intermediates
12.10.2 Solvents
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 MEA Above 97.0%
13.6.2 MEA Above 98.0%
13.6.3 MEA Above 99.0%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceutical Intermediates
13.10.2 Solvents
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Monoethyl Adipate (MEA) Market: Competitive Dashboard
14.2 Global Monoethyl Adipate (MEA) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Weifang Bincheng Chemical
14.3.2 Hangzhou Qianyang Technology
14.3.3 Yancheng Hejia Chemical
14.3.4 Triveni Chemical
14.3.5 Weifang Bincheng Chemical