Analysis and Opportunity Assessment in Global Ethylene Oxide Market Forecast 2018-2023

Ethylene Oxide

Global Ethylene Oxide Market Research Report 2018 presents an in-depth assessment of the Ethylene Oxide Market providing quantitative information about the market size, key market segments and manufacturer in terms of revenue, production and growth rate from 2018 to 2023. The Ethylene Oxide Market report also provides qualitative information about the technologies, key trends, market drivers, regulatory landscape, deployment models, opportunities, value chain and market strategies.

The Onerous Demand Of Global Ethylene Oxide Market report enables the buyer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly. A separate section with Ethylene Oxide industry key players is included in the report, which provides a comprehensive analysis of price, cost, gross, revenue, product picture, specifications, company profile, and contact information.Development and Trend Research plays an Important role towards the innovation in any given industry which require to execute. Additionally, performing research and development offers a competitive advantage over the competitors owing to regular introduction of products and prototypes to attract consumers. This is expected to have a positive impact on the Ethylene Oxide market growth over the forecast period.

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The global ethylene oxide market is expected to witness a CAGR of approximately 5.8% during the forecast period (2018 – 2023). The major factor driving the market is the growing demand for ethylene oxide from PET bottles. Ethylene oxide is produced by the catalytic oxidation of ethylene and is used as a chemical intermediate. Ethylene oxide and its derivatives are required to produce a variety of everyday products, including plastics, household cleaners, polyurethanes, and ointments.

Growing Demand for PET Resin

The consumption of Polyethylene Terephthalate (PET) resin has increased at a rapid pace over the past few years. There has been a significant rise in the demand for PET in the developing countries, like Brazil, Russia, India, China, and South Africa. PET resins demand has been at a rise owing to its increasing preference as packaging materials in food & beverages items. It offers properties such as 100% recyclability, rigidity & transparency, and eco-friendly nature. This has significantly benefitted the market for ethylene oxide as it is required in the manufacturing of PET. Hence, with the growing PET demand, the market ethylene oxide is likely to grow.

Ethylene Glycol Expected to Have Largest Market Share

Ethylene glycol is expected to be the largest consumer for ethylene oxide during the forecast period. Monoethylene glycol (MEG) is used extensively in the textile industry to manufacture plastics, household cleaners, polyurethanes, and ointments. MEG is also required in the automobile industry as an antifreeze and cooling agent. Most of the ethylene glycol produced is required for the production of PET bottles, PET resin containers, polyester resin films, polyurethanes, and plasticizers. Diethylene glycols (DEG) and triethylene glycols (TEG) are expected to witness a rise owing to its use in lubricants, lacquers, solvents, gas drying, pharmaceutical preparations, humectants, latex surface coatings, and cosmetics.

Asia-Pacific Dominates the Market

Asia-Pacific is expected to have the largest global market share for ethylene oxide during the forecast period. This is majorly due to the rising demand form the end-user industries in the developing economies, such as China, India, Indonesia, and Malaysia. The demand has witnessed a rise from several sectors, including packaging, films, textile fibers, and soaps & detergents. Hence, this has significantly benefitted the market for ethylene oxide. Furthermore, the rapid growth in PET bottle resin market in the region is likely to propel the market for ethylene oxide during the forecast period.

Key Developments

July 2017: Pemex Etileno, a subsidiary of Petróleos Mexicanos, successfully concluded the e-auction to adjudicate quantities of ethylene oxide, which were bided to 10 companies.

Major Players: DowDuPont, BASF SE, Indian Oil, INEOS, and LyondellBasell, among others.

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Analyzing various perspectives of the market with the help of Porter’s five forces analysis
To understand the dominating process type and filler used in the market
To identify the countries that are expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in Excel)

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Ethylene Oxide Market Forecast 2018-2023

The Ethylene Oxide industry research report analyses the supply, sales, production, and market status comprehensively. Production market shares and sales market shares are analysed along with the study of capacity, production, sales, and revenue. Several other factors such as import, export, gross margin, price, cost, and consumption are also analysed under the section Analysis of Ethylene Oxide production, supply, sales and market status.

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Price of Ethylene Oxide Market Report (single User Licence): $ 4250

Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

 

 

 

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