The report, Global Ethylene Oxide Market Research Report and Forecast to 2030, provides a detailed analysis of the global Ethylene Oxide market, including market size, market share, current and future trends, and the most recent technological breakthroughs. The research provides information on the regional and global competitive landscape of the Ethylene Oxide market, along with a complete prognosis through 2030. The impact of the COVID-19 epidemic on the market for Ethylene Oxide has been updated in the most recent research. It examines the impact of the epidemic on each region's political and economic systems. It presents a present and projected view of the pandemic's effects on supply chain disruptions and economic volatility.
The global ethylene oxide market size reached USD 31.09 billion in 2021 and is expected to register a revenue CAGR of 3.54% during the forecast period, according to the latest analysis by Emergen Research. Increasing usage of polyethylene terephthalate bottles and containers is a crucial factor driving revenue growth in the market.
The global chemical industry has witnessed remarkable growth over the years, and one of the significant contributors to this growth is ethylene oxide (EO). Ethylene oxide is an important chemical compound used in the production of various consumer goods and industrial applications. This article aims to provide an overview of the ethylene oxide market, including its current trends, growth factors, and future prospects.
Ethylene oxide is a colorless and flammable gas that is widely used as an intermediate in the production of several chemicals, including ethylene glycol, surfactants, glycol ethers, ethanolamines, and polyethylene glycols. These chemicals find applications in various industries such as automotive, textile, pharmaceuticals, personal care, and household products. As a result, the demand for ethylene oxide has experienced significant growth over the years.
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Ethylene Oxide market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
BASF SE, The Dow Chemical Company, China Petrochemical Corporation, Clariant AG, Tokyo Chemical Industry, Shell plc, LyondellBasell Industries Holdings B.V., Saudi Basic Industries Corporation (SABIC), Linde plc, and Eastman Chemical Company
How will this Report Benefit you?
An Emergen Research report of 250 pages features 194 tables, 189 charts, and graphics. Our new study is ideal for anyone who wants to learn about the global Ethylene Oxide market commercially and deeply, as well as to analyze the market segments in depth. With the help of our recent study, you can analyze the entire regional and global market for Ethylene Oxide. To increase market share, you must obtain financial analysis of the entire market and its segments. Our research suggests there are significant opportunities in this rapidly expanding market for energy storage technology. Look at how you might take advantage of these revenue-generating opportunities. Additionally, the research will help you develop growth strategies, strengthen competitor analysis, and improve business productivity by enabling you to make better strategic decisions.
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Some Key Highlights From the Report
- The polyethylene terephthalate segment is expected to register a rapid revenue growth rate during the forecast period. Rising demand for plastic bottles and PET-based containers are key factors driving revenue growth of this segment. PET is a versatile, lightweight, transparent plastic that can be molded into any shape according to the manufacturer with a variety of colors, which has increased its demand among different end-users, including the cosmetics and food and beverages industries. Carbonated soda drinks, fruit juices, and even packaged drinking water bottles are made using PET. Personal care items such as liquid soaps, shampoos, and body oils are packaged in PET-based bottles and containers. Statistics of the 2022 Plastics Europe report suggest that use of PET increased to around 4.14 million in 2022, which was about a 3.8% increase since the previous year.
- The surgical equipment sterilization segment accounted for moderate revenue share in 2021. Ethylene oxide is an alkylating agent and damages the essential macromolecules (RNA, DNA, and proteins) of microorganisms, thereby killing them, which increases its adoption in the agricultural industry. The healthcare sector, especially hospitals and other medical centers are increasingly adopting ethylene oxide as a sterilizing agent due to its antimicrobial properties. Gas sterilization using the chemical is especially effective when the devices and equipment cannot be sanitized using thermal and steam alternatives.
- Ethylene oxide market in North America is expected to register a rapid revenue growth rate between 2022 and 2030. Rising number of communicable diseases, including cases of the Coronavirus disease and steady usage of the chemical in the agricultural industry in countries in the region are some of the key factors driving revenue growth of the market in North America. Statistics of the World Health Organization (WHO) report that around 86 million cases of the Coronavirus disease have been registered as of 4 July 2022, with around 1 million deaths in the U.S. Increasing prevalence of the disease has resulted in an exponential rise in use of Personal Protective Equipment (PPE) and other medical devices that require constant sterilization. Ethylene oxide has been adopted as a non-heating sterilization alternative for sanitizing PPEs and heat-sensitive medical devices.
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What Questions Should You Ask before Buying a Market Research Report?
- How is the Ethylene Oxide market evolving?
- What is driving and restraining the Ethylene Oxide market?
- How will each Ethylene Oxide submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?
- How will the market shares for each Ethylene Oxide submarket develop from 2022 to 2030?
- What will be the main driver for the overall market from 2022 to 2030?
- Will leading Ethylene Oxide markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?
- Who are the leading players and what are their prospects over the forecast period?
- What are the Ethylene Oxide projects for these leading companies?
- How will the industry evolve during the period between 2022 and 2030? What are the implications of Ethylene Oxide projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the Ethylene Oxide market?
- Where is the Ethylene Oxide market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the Ethylene Oxide market today, and over the next 10 years:
- Our 250-page report provides 194 tables and 189 charts/graphs exclusively to you.
- The report highlights key lucrative areas in the industry so you can target them – Now.
- It contains in-depth analysis of global, regional and national sales and growth.
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you Today how the Ethylene Oxide market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
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Market Overview:
The report bifurcates the Ethylene Oxide market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Derivatives Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)
- Ethylene Glycols
- Monoethylene Glycol
- Diethylene Glycol
- Triethylene Glycol
- Polyethylene Glycol
- Ethoxylates
- Glycol Ethers
- Polyethylene Terephthalate
- Ethanoamines
- Others
- Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)
- Anti-freeze Production
- Detergents
- Surgical Equipment Sterilization
- Plastic Production
- Medicines
- Textiles
- Disinfection and Pest Control
- Others
- End-Use Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)
- Pharmaceutical Industry
- Food Industry
- Automotive Industry
- Plastic Industry
- Hospitals and Medical Centers
- Textile Industry
Forecasts to 2030 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2030, our new study provides you with recent results, growth rates, and market shares.
- You will find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising Ethylene Oxide prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.
How will the Ethylene Oxide Market, 2022 to 2030 report help you?
In summary, our 250-page report provides you with the following knowledge:
- Revenue forecasts to 2030 for Ethylene Oxide Market, 2022 to 2030 Market, with forecasts for include report segmentation and company size, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2030 for four regional and 20 key national markets – See forecasts for the Ethylene Oxide Market, 2022 to 2030 market in North America, Europe, Asia-Pacific and LAMEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Ethylene Oxide Market, 2022 to 2030.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Emergen Research study is for everybody needing commercial analyses for the Ethylene Oxide Market, 2022 to 2030, market-leading companies. You will find data, trends and predictions.
The content of each profile differs, depending on the organization. In general, a profile gives the following information:
- Overview of the company’s Ethylene Oxide products services
- Analysis of recent financial performance–annual revenue of the companies
- Assessment of developments–activities, acquisitions, production capacity, deals, new service offerings and collaborations
Key Benefits For Stakeholders:
- The report provides an extensive analysis of the current and future trends in the global minimally invasive surgical systems market to elucidate the imminent investment pockets.
- A detailed analysis of the factors that drive and restrict the growth of the minimally invasive surgical systems market is provided.
- Extensive analysis of key segments demonstrates the types of energy devices, access equipment, and visualization documentation systems used in minimally invasive surgeries.
- A comprehensive analysis of the geographical landscape provides detailed information about various regions across North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
- The report offers a competitive landscape of the minimally invasive surgical systems market to assist players to gain insights into the competition scenario. Key companies operating in the market are profiled to provide valuable insights.
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