Ethylene Oxide Market Trends and Forecast
The future of the ethylene oxide market looks promising with opportunities in the automotive, agrochemicals, food & beverages, textile, personal care, and pharmaceutical markets. The global ethylene oxide market is expected to grow with a CAGR of 4% to 6% from 2023 to 2028. The major drivers for this market are increase in demand from personal healthcare and automotive industries, upsurge in demand for PET bottles from packaging industries and rapid increase in demand for automotive parts.
Ethylene Oxide Market by Product, and End Use Industry
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Ethylene Oxide Market by Segments
Ethylene Oxide Market by Segment
The study includes a forecast for the global ethylene oxide market by ethylene oxide market by product, end use industry, and region, as follows:
Ethylene Oxide Market by Product [Value ($B) Shipment Analysis from 2017 to 2028]:
Ethylene Glycol
Ethoxylates
Ethanolamines
Glycol Ethers
Polyethylene
Others
Ethylene Oxide Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
Automotive
Agrochemicals
Food & Beverages
Textile
Personal Care
Pharmaceuticals
Detergents
Others
Ethylene Oxide Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
List of Ethylene Oxide Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ethylene oxide companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ethylene oxide companies profiled in this report include.
SABIC
BASF SE
Formosa Plastics
Huntsman International
India Glycol
Indian Oil
Indorama Ventures
INEOS
LyondellBasell Industries Holdings B.V.
Nippon Shokubai
Ethylene Oxide Market Insights
Lucintel forecasts that ethylene glycol will remain the largest segment over the forecast period due to the rising demand for anti-freeze for engines in sub-temperate and temperate regions.
Automotive is expected to remain the largest segment by end use as monoethylene glycol is a key derivative od ethylene oxide used for producing anti-freeze and brake fluid for cars.
APAC will remain the largest region due to the growing of the fast-spreading industrial base and growing per capita income in advancing nations.
Features of the Ethylene Oxide Market
Market Size Estimates: Ethylene oxide market size estimation in terms of value ($B)
Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
Segmentation Analysis: Ethylene oxide market size by various segments, such as by product, end use industry, and region
Regional Analysis: Ethylene oxide market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth Opportunities: Analysis on growth opportunities in different by product, end use industry, and regions for the ethylene oxide market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape for the ethylene oxide market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the ethylene oxide market size?
Answer: The global ethylene oxide market is expected to reach an estimated $xx billion by 2028.
Q2. What is the growth forecast for ethylene oxide market?
Answer: The global ethylene oxide market is expected to grow with a CAGR of 4% to 6% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the ethylene oxide market?
Answer: The major drivers for this market are increase in demand from personal healthcare and automotive industries, upsurge in demand for PET bottles from packaging industries and rapid increase in demand for automotive parts.
Q4. What are the major segments for ethylene oxide market?
Answer: The future of the ethylene oxide market looks promising with opportunities in the automotive, agrochemicals, food & beverages, textile, personal care, and pharmaceutical market.
Q5. Who is the key ethylene oxide companies?
Answer: Some of the key ethylene oxide companies are as follows:
SABIC
BASF SE
Formosa Plastics
Huntsman International
India Glycol
Indian Oil
Indorama Ventures
INEOS
LyondellBasell Industries Holdings B.V.
Nippon Shokubai
Q6. Which ethylene oxide segment will be the largest in future?
Answer: Lucintel forecasts that ethylene glycol will remain the largest segment over the forecast period due to the rising demand for anti-freeze for engines in sub-temperate and temperate regions.
Q7. In ethylene oxide market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to the growing of the fast-spreading industrial base and growing per capita income in advancing nations.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for the ethylene oxide market by product (ethylene glycol, ethoxylates, ethanolamines, glycol ethers, polyethylene, and others), end use industry (automotive, agrochemicals, food & beverages, textile, personal care, pharmaceuticals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to ethylene oxide market or related to ethylene oxide companies, ethylene oxide market size, ethylene oxide market share, ethylene oxide analysis, write Lucintel analyst at email: [email protected] we will be glad to get back to you soon.
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