“Increasing Adoption of Bio-based Monoethylene Glycol”
- A significant trend in the Monoethylene Glycol market is the growing shift toward bio-based MEG production. With rising concerns about sustainability and the environmental impact of petroleum-based chemicals, bio-based MEG offers a greener alternative
- As industries and consumers demand more eco-friendly products, bio-based MEG, derived from renewable sources like corn or sugarcane, is becoming increasingly popular in applications like PET production and automotive antifreeze
- For example, major chemical companies are investing in renewable technologies to scale up the production of bio-based MEG, responding to both regulatory pressures and consumer preference for sustainable solutions
