Global Ethylene Oxide Market Size study, by Application, by End-Use and Regional Forecasts 2022-2032

Description

List of Tables

Global Ethylene Oxide Market is valued approximately USD 33.98 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 3.67% over the forecast period 2024-2032. Ethylene oxide (EtO) also known as oxirane is a colorless, flammable gas with a sweet odor, primarily used in producing chemicals such as ethylene glycol, which is essential for antifreeze and polyester. It is a crucial sterilizing agent for medical equipment and fumigant for spices due to its ability to penetrate materials without damage. Ethylene oxide is extensively utilized in various industries for the production of solvents, detergents, adhesives, antifreeze, textiles, and medicines. Ethylene oxide is also found in fumigants, hospitals for the sterility of surgical equipment, and sterility for spices and cosmetics. The growth in emerging markets is a key trend that is supporting to the growth of the Global Ethylene Oxide Market. Rapid industrialization and urbanization in emerging economies, particularly in Asia-Pacific, are driving demand for ethylene oxide and its derivatives. Countries like China and India are significant contributors to market growth.

Ethylene oxide is a crucial intermediate in the production of ethylene glycol, which is used extensively in antifreeze, polyester fibers, and resins. The increasing demand for these products, particularly in automotive and textile industries, drives ethylene oxide consumption. Also, the Global Ethylene Oxide Market is poised to fueled due to the rising demand for PET resins and polyester fibers. Ethylene oxide finds extensive use in industries such as food & beverages and textiles. Polyester fibers are integral to various products such as coated fabrics, seat belts, and conveyor belt fabrics, while PET resins are crucial for manufacturing bottles and containers in the food and beverage sector. The production of PET bottle involves ethylene oxide usage, which meets with the increasing preference for PET bottles among end-users, thereby driving ethylene oxide demand. Additionally, the automotive industry's increasing need for antifreeze, which lowers the freezing point of vehicle liquids, is another growth driver. Furthermore, the rising demand for non-ionic surfactants presents an opportunity for increased ethylene oxide demand globally. However, price volatility and fluctuations in raw material costs and stringent environmental regulations impacting production processes is expected to stifle market growth during the forecast period 2024-2032.

The key regions considered for the global Ethylene Oxide Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, Asia Pacific was the largest regional market in terms of revenue because of the increasing industrialization. Also, the market in Asia Pacific is expected to develop at the fastest rate over the forecast period. The growing population and an expanding middle class is fueling demand for various products such as textiles, automotive parts, packaging materials, and pharmaceuticals are heavily reliant on ethylene oxide. Furthermore, the availability of raw materials, competitive manufacturing costs, and supportive government policies promoting industrial expansion are contributing significantly to market expansion. Additionally, Asia Pacific's strategic position as a one of the leading manufacturing center attracts investments from multinational corporations, fostering technological innovations and infrastructure enhancements, thus driving further growth in the ethylene oxide and ethylene glycol market.

Major market player included in this report are:

BASF SE
China Petrochemical Corporation
Clariant AG
Dow Chemical Company
India Glycols Limited.
LOTTE Chemical Corporation.
LyondellBasell Industries Holdings B.V.
Nippon Shokubai Co., Ltd.
Reliance Industries Limited.
Shell plc

The detailed segments and sub-segment of the market are explained below:

By Application

Glycol Ethers
Acrylonitrile
Ethoxylates
Ethanolamines
Healthcare Sterilent
Others

By End-Use

Chemical Processing
Healthcare
Food and Beverages
Automotive
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

Chapter 1. Global Ethylene Oxide Market Definition and Research Assumptions

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
  - 1.3.3.1. Availability
  - 1.3.3.2. Infrastructure
  - 1.3.3.3. Regulatory Environment
  - 1.3.3.4. Market Competition
  - 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
  - 1.3.4.1. Regulatory frameworks
  - 1.3.4.2. Technological Advancements
  - 1.3.4.3. Environmental Considerations
  - 1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary

2.1. Global Ethylene Oxide Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
- 2.3.1. By Application
- 2.3.2. By End-use
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

Chapter 3. Global Ethylene Oxide Market Dynamics

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

Chapter 4. Global Ethylene Oxide Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Ethylene Oxide Market Size & Forecasts by Application 2022-2032

5.1. Glycol Ethers
5.2. Acrylonitrile
5.3. Ethoxylates
5.4. Ethanolamines
5.5. Healthcare Sterilent
5.6. Others

Chapter 6. Global Ethylene Oxide Market Size & Forecasts by End-use 2022-2032

6.1. Chemical Processing
6.2. Healthcare
6.3. Food and Beverages
6.4. Automotive
6.5. Others

Chapter 7. Global Ethylene Oxide Market Size & Forecasts by Region 2022-2032

7.1. North America Ethylene Oxide Market
- 7.1.1. U.S. Ethylene Oxide Market
  - 7.1.1.1. Application breakdown size & forecasts, 2022-2032
  - 7.1.1.2. End-use breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Ethylene Oxide Market
7.2. Europe Ethylene Oxide Market
- 7.2.1. U.K. Ethylene Oxide Market
- 7.2.2. Germany Ethylene Oxide Market
- 7.2.3. France Ethylene Oxide Market
- 7.2.4. Spain Ethylene Oxide Market
- 7.2.5. Italy Ethylene Oxide Market
- 7.2.6. Rest of Europe Ethylene Oxide Market
7.3. Asia-Pacific Ethylene Oxide Market
- 7.3.1. China Ethylene Oxide Market
- 7.3.2. India Ethylene Oxide Market
- 7.3.3. Japan Ethylene Oxide Market
- 7.3.4. Australia Ethylene Oxide Market
- 7.3.5. South Korea Ethylene Oxide Market
- 7.3.6. Rest of Asia Pacific Ethylene Oxide Market
7.4. Latin America Ethylene Oxide Market
- 7.4.1. Brazil Ethylene Oxide Market
- 7.4.2. Mexico Ethylene Oxide Market
- 7.4.3. Rest of Latin America Ethylene Oxide Market
7.5. Middle East & Africa Ethylene Oxide Market
- 7.5.1. Saudi Arabia Ethylene Oxide Market
- 7.5.2. South Africa Ethylene Oxide Market
- 7.5.3. Rest of Middle East & Africa Ethylene Oxide Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. BASF SE
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. China Petrochemical Corporation
- 8.3.3. Clariant AG
- 8.3.4. Dow Chemical Company
- 8.3.5. India Glycols Limited.
- 8.3.6. LOTTE Chemical Corporation.
- 8.3.7. LyondellBasell Industries Holdings B.V.
- 8.3.8. Nippon Shokubai Co., Ltd.
- 8.3.9. Reliance Industries Limited.
- 8.3.10. Shell plc

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Ethylene Oxide Market, report scope
TABLE 2. Global Ethylene Oxide Market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Ethylene Oxide Market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 4. Global Ethylene Oxide Market estimates & forecasts by End-use 2022-2032 (USD Billion)
TABLE 5. Global Ethylene Oxide Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 6. Global Ethylene Oxide Market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Global Ethylene Oxide Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Ethylene Oxide Market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Ethylene Oxide Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Ethylene Oxide Market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Ethylene Oxide Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Ethylene Oxide Market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Ethylene Oxide Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Ethylene Oxide Market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. U.S. Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. Canada Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. Canada Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. Canada Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. UK Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 22. UK Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 23. UK Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. Germany Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 25. Germany Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 26. Germany Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. France Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 28. France Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 29. France Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30. Italy Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 31. Italy Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 32. Italy Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. Spain Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 34. Spain Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 35. Spain Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 36. RoE Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 37. RoE Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 38. RoE Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 39. China Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 40. China Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 41. China Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 42. India Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 43. India Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 44. India Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 45. Japan Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 46. Japan Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 47. Japan Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 48. Australia Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 49. Australia Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 50. Australia Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 51. South Korea Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 52. South Korea Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 53. South Korea Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 54.
TABLE 55. RoAPAC Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 56. RoAPAC Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 57. RoAPAC Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 58. Brazil Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 59. Brazil Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 60. Brazil Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 61. Mexico Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 62. Mexico Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 63. Mexico Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 64. RoLA Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 65. RoLA Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 66. RoLA Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 67. Saudi Arabia Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 68. Saudi Arabia Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 69. Saudi Arabia Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 70. South Africa Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 71.
TABLE 72. South Africa Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 73. South Africa Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 74. RoMEA Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 75. RoMEA Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 76. RoMEA Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 77. List of secondary sources, used in the study of Global Ethylene Oxide Market.
TABLE 78. List of primary sources, used in the study of Global Ethylene Oxide Market.
TABLE 79. Years considered for the study.
TABLE 80. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Ethylene Oxide Market, research methodology
FIG 2. Global Ethylene Oxide Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Ethylene Oxide Market, key trends 2023
FIG 5. Global Ethylene Oxide Market, growth prospects 2022-2032
FIG 6. Global Ethylene Oxide Market, porters 5 force model
FIG 7. Global Ethylene Oxide Market, pestel analysis
FIG 8. Global Ethylene Oxide Market, value chain analysis
FIG 9. Global Ethylene Oxide Market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global Ethylene Oxide Market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global Ethylene Oxide Market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global Ethylene Oxide Market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global Ethylene Oxide Market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global Ethylene Oxide Market, regional snapshot 2022 & 2032
FIG 15. North America Ethylene Oxide Market 2022 & 2032 (USD Billion)
FIG 16. Europe Ethylene Oxide Market 2022 & 2032 (USD Billion)
FIG 17. Asia pacific Ethylene Oxide Market 2022 & 2032 (USD Billion)
FIG 18. Latin America Ethylene Oxide Market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Ethylene Oxide Market 2022 & 2032 (USD Billion)
FIG 20. Global Ethylene Oxide Market, company market share analysis (2023)