Ethylene Oxide Market with Growing CAGR of 13.67%, Size, Share, Demand, Revenue Growth and Global Trends 2022-2030
The persuasive Ethylene Oxide report displays important product developments and tracks recent acquisitions, mergers and research in the Ethylene Oxide industry by the key players. This business report also puts light on the company market share analysis and key company profiles which are the major aspects of competitive analysis. Being a verified and reliable source of information, this market research report offers a telescopic view of the existing market trends, emerging products, situations and opportunities that drives the business in the right direction of success. A range of objectives of the marketing research has been considered to generate the most excellent Ethylene Oxide market research report.
The market study of Ethylene Oxide report analyzes the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors by keeping SWOT analysis and Porter's Five Forces Analysis as a base. This is a professional and a detailed report that focuses on primary and secondary drivers, market share, market size, leading segments and geographical analysis. The statistical and numerical data that has been included in Ethylene Oxide business report is represented with the tables, graphs and charts which eases the understanding of facts and figures.
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Data Bridge Market Research analyses that the ethylene oxide market which was USD 32.78 billion in 2022, will reach USD 43.73 billion by 2030, and is expected to undergo a CAGR of 3.67% during the forecast period. “ glycol ethers” dominates the application segment of the ethylene oxide market as glycol ethers are commonly used as solvents and co-solvents in various industrial applications, including those involving ethylene oxide (EO). In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Ethylene oxide, which is also known as oxirane. Ethylene oxide is a bulk industrial chemical, and it is a colorless, flammable gas or liquid in nature. Ethylene oxide is utilized for a broad range of functions particularly in various consumer products and non-consumer chemicals and emissaries. Ethylene oxide is mainly utilized to make other chemicals for instance ethylene glycol, surface active agents, ethanolamines, glycol ethers, polyols and so forth. It is being vastly utilized as a sterilant in medical devices and devices and as a fumigant in spices. The product can be utilized in several functions for instance medical devices, cosmetics, solvents, detergents, antifreeze, textiles, and food and beverages.
Some of the major players operating in the ethylene oxide market are:
- Akzo Nobel N.V.(Netherlands)
- SABIC (Saudi Arabia)
- BASF SE (Germany)
- Huntsman International LLC. (U.S.)
- India Glycol Limited (India)
- Indian Oil Corporation Ltd (India)
- Indorama Ventures Public Company Limited (Thailand)
- INEOS (U.K.)
- KAZANORGSINTEZ (Russia)
- LyondellBasell Industries Holdings B.V (Netherlands)
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Global Ethylene Oxide Market Scope
The ethylene oxide market is segmented on the basis of application and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
- Glycol Ethers
- Acrylonitrile
- Ethoxylates
- Ethanolamines
- Healthcare Sterilent
- Others
End-Use
- Chemical Processing
- Healthcare
- Food and Beverages
- Automotive
- Others
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