Asia Pacific Ethylene Oxide Market Size study, by Application, by End-Use and Country Forecasts 2022-2032

Description

List of Tables

Asia Pacific Ethylene Oxide Market is valued at approximately USD 16.99 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 4.34% over the forecast period 2024-2032. Ethylene oxide (EtO), also known as oxirane, is a colorless, flammable gas with a sweet odor. It is primarily used to produce ethylene glycol, essential for antifreeze and polyester. Due to its ability to penetrate materials without causing damage, EtO is a crucial sterilizing agent for medical equipment and a fumigant for spices. Widely utilized across various industries, it is key in the production of solvents, detergents, adhesives, textiles, and medicines. Additionally, ethylene oxide is used in hospitals to sterilize surgical equipment and in fumigating spices and cosmetics. The growing investments in chemical manufacturing is a key trend that is supporting to the growth of the Asia Pacific Ethylene Oxide Market. Significant investments in chemical manufacturing facilities, particularly in China and India, are enhancing the production capacities of ethylene oxide. These investments are prompting the demand for various ethylene oxide derivatives used across diverse industries.

The ethylene oxide market is primarily fueled by the quick industrialization and economic expansion of nations like China, India, and Southeast Asia. The need for ethylene oxide is supported by the growing industrial sector, especially in the industries of chemicals, textiles, and healthcare. Also, the region's growing middle class and population are driving demand for a variety of goods, including textiles, automotive parts, packaging materials, and pharmaceuticals, which depend heavily on ethylene oxide. Additionally, the availability of raw materials, competitive manufacturing costs, and supportive government policies promoting industrial expansion are contributing significantly to Asia Pacific Ethylene Oxide Market expansion. Asia Pacific's strategic position as a global manufacturing center attracts investments from multinational corporations, fostering technological innovations and infrastructure. However, it is projected that price volatility, fluctuating raw material costs, and stringent environmental requirements influencing industrial processes that hinder market expansion from 2024 to 2032.

The key Countries considered for the Asia Pacific Ethylene Oxide Market study includes China, India, Japan, South Korea, Australia and Rest of Asia Pacific. In 2023, China was the largest regional market in terms of revenue. China is a one of the leading country in the manufacture of PET resin and polyester fiber, both of which significantly depend on ethylene oxide as a raw ingredient. Also, the robust domestic demand is one of the main factors propelling the market. China continues to be a major hub for the production of automobiles, which is stipulating the demand for ethylene oxide-based coolants and antifreeze. Whereas, the market in India is expected to develop at the fastest rate over the forecast period.

Major market player included in this report are:

India Glycols Limited
LOTTE Chemical Corporation
Nippon Shokubai Co., Ltd.
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10

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:

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

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 country 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. Asia Pacific 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. Asia Pacific 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. Asia Pacific Ethylene Oxide Market Dynamics

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

Chapter 4. Asia Pacific 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. Asia Pacific 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. Asia Pacific 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. Asia Pacific Ethylene Oxide Market Size & Forecasts by Country 2022-2032

7.1. China Ethylene Oxide Market
- 7.1.1. Application breakdown size & forecasts, 2022-2032
- 7.1.2. End-use breakdown size & forecasts, 2022-2032
7.2. India Ethylene Oxide Market
7.3. Japan Ethylene Oxide Market
7.4. Australia Ethylene Oxide Market
7.5. South Korea Ethylene Oxide Market
7.6. Rest of Asia Pacific 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. India Glycols Limited
  - 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. LOTTE Chemical Corporation
- 8.3.3. Nippon Shokubai Co., Ltd.

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. Asia Pacific Ethylene Oxide Market, report scope
TABLE 2. Asia Pacific Ethylene Oxide Market estimates & forecasts by Country 2022-2032 (USD Billion)
TABLE 3. Asia Pacific Ethylene Oxide Market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 4. Asia Pacific Ethylene Oxide Market estimates & forecasts by End-use 2022-2032 (USD Billion)
TABLE 5. Asia Pacific Ethylene Oxide Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 6. Asia Pacific Ethylene Oxide Market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Asia Pacific Ethylene Oxide Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Asia Pacific Ethylene Oxide Market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Asia Pacific Ethylene Oxide Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Asia Pacific Ethylene Oxide Market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Asia Pacific Ethylene Oxide Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Asia Pacific Ethylene Oxide Market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Asia Pacific Ethylene Oxide Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Asia Pacific Ethylene Oxide Market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. China Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. China Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. China Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. India Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. India Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. India Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. Japan Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 22. Japan Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 23. Japan Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. Australia Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 25. Australia Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 26. Australia Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. South Korea Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 28. South Korea Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 29. South Korea Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30.
TABLE 31. RoAPAC Ethylene Oxide Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 32. RoAPAC Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. RoAPAC Ethylene Oxide Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 34. List of secondary sources, used in the study of Asia Pacific Ethylene Oxide Market.
TABLE 35. List of primary sources, used in the study of Asia Pacific Ethylene Oxide Market.
TABLE 36. Years considered for the study.
TABLE 37. Exchange rates considered

LIST OF FIGURES

FIG 1. Asia Pacific Ethylene Oxide Market, research methodology
FIG 2. Asia Pacific Ethylene Oxide Market, market estimation techniques
FIG 3. Asia Pacific market size estimates & forecast methods.
FIG 4. Asia Pacific Ethylene Oxide Market, key trends 2023
FIG 5. Asia Pacific Ethylene Oxide Market, growth prospects 2022-2032
FIG 6. Asia Pacific Ethylene Oxide Market, porters 5 force model
FIG 7. Asia Pacific Ethylene Oxide Market, pestel analysis
FIG 8. Asia Pacific Ethylene Oxide Market, value chain analysis
FIG 9. Asia Pacific Ethylene Oxide Market by segment, 2022 & 2032 (USD Billion)
FIG 10. Asia Pacific Ethylene Oxide Market by segment, 2022 & 2032 (USD Billion)
FIG 11. Asia Pacific Ethylene Oxide Market by segment, 2022 & 2032 (USD Billion)
FIG 12. Asia Pacific Ethylene Oxide Market by segment, 2022 & 2032 (USD Billion)
FIG 13. Asia Pacific Ethylene Oxide Market by segment, 2022 & 2032 (USD Billion)
FIG 14. Asia Pacific Ethylene Oxide Market, Country snapshot 2022 & 2032
FIG 15. Asia pacific Ethylene Oxide Market 2022 & 2032 (USD Billion)
FIG 16. Asia Pacific Ethylene Oxide Market, company market share analysis (2023)