Polyester
demands in various segments such as textiles, plastics, and other materials are
paving opportunities in the ethylene oxide market as well as and ethylene glycol market, both at the global level.
As per the IndustryARC's comprehensive market research report, the global ethylene
oxide and ethylene glycol market size stood at $28 billion as of 2018.
According to the analysts, the opportunities in these two twin market will increment at a positive compound annual growth rate (CAGR) of 4.50% during the forecast
period of 2019 to 2025.
The report is
titled “Global Ethylene Oxide and Ethylene Glycol Market - Industry Analysis,
Market Size, Share, Trends, Application Analysis, Growth and Forecast 2019 –
2025.” It incorporates a detailed study of the industry and forecasts for the
key players along with the market size, share, demands, and latest trends that
are influencing the market.
Global
Ethylene Oxide Market and Ethylene Glycol Market: Leading Segments
The Asia-
Pacific was the most productive region in the global ethylene oxide market and
ethylene glycol market in the year 2018, serving 40% of
the global demand. The two chemicals
are among the most versatile intermediates applied for industrial use. The
humungous polymer manufacturing sector established in the region resonates the rising
opportunities. The emerging economies of China and India are not only the major producers but also offer strong consumer base.
By application, polyester fibres and PET resins are the most lucrative applications in the ethylene oxide market and ethylene glycol market. The opportunities in these applications are anticipated to increase at a CAGR of 4.80% through the
aforementioned forecast period. The robust demands for PET bottles for
containing numerous liquids is the major contributor.
Global
Ethylene Oxide Market and Ethylene Glycol Industry Analysis
Automotive:
Ethylene glycol is an organic compound which serves as a purpose for raw
polyester manufacturing and ethylene glycol antifreeze formulations. The aviation industry extensively uses ethylene glycol coolant to ensure the anti-freezing in its air
brakes at extraordinary heights. Perpetually expanding aviation industry, backed by urbanization and increased disposable income across emerging economies, the demand for ethylene oxide and ethylene glycol is anticipated to constantly surge.
Healthcare:
Ethylene
oxide sterilization is also one of the most prominent factors of growth in the
global ethylene oxide market and ethylene glycol market. The medical industry uses the
chemical for sterilization of various healthcare instruments and device.
However, the application of ethylene glycol over restricted amounts can be
toxic and can raise issues of ethylene glycol poisoning. Handling ethylene
glycol in amateur conditions are hindering the global ethylene oxide and
ethylene glycol market growth.
Global
Ethylene Oxide and Ethylene Glycol Market Trends
Propelling investments in the
chemical industry to optimize the applications of ethylene oxide and ethylene
glycol market is estimated to ponder growth in the market. Innovations followed
by colossal capital investments are projected to encourage the growth of
eco-friendly ethylene glycol market. Overcoming the toxic properties of ethylene glycol will increase the
radius of application in the global ethylene oxide and ethylene glycol
market.
Global
Ethylene Oxide and Ethylene Glycol Market: Competitive Landscape
Some of the key
companies identified in the report that are currently holding majority shares
in this market are Akzonobel N.V., Basf SE, China Petroleum
& Chemical Corporation, Clariant AG, ExxonMobil Corporation, Formosa
Plastics Group, INEOS, Huntsman Corporation, LyondellBasell, Shell
International, and DowDuPont.
Talk to one of our sales representative about the full report by providing your details in the link below:
https://www.industryarc.com/support.php?id=500210
Related Reports:
A.
Anti-freeze
Coolant Market
https://www.industryarc.com/Report/15598/antifreeze-coolant-market.html
B. Ethylene
Oxide Market
https://www.industryarc.com/Report/17708/ethylene-oxide-market.html
C. Glycol
Ethers Market
https://www.industryarc.com/Report/11707/glycol-ethers-market.html
What
can you expect from the report?
The global ethylene oxide and ethylene glycol market is
prepared with the main agenda to cover the following 20 points:
1.
Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
2.
Market trends & Relevant Market Data 12. Country level Analysis
3.
Manufacturer Landscape 13. Competitor Analysis
4.
Distributor Landscape 14. Market Shares Analysis
5.
Pricing Analysis 15. Value Chain Analysis
6.
Top 10 End user Analysis 16. Supply Chain Analysis
7.
Product Benchmarking 17. Strategic Analysis
8.
Product Developments 18. Current & Future Market
Landscape Analysis
9.
Mergers & Acquisition Analysis 19. Opportunity Analysis
10.
Patent Analysis 20. Revenue and Volume Analysis
Frequently
Asked Questions:
Q.
Does IndustryARC provide customized reports and charge additionally for limited
customization?
Response: Yes, we can
customize the report by extracting data from our database of reports and annual
subscription databases. We can provide the following free customization:
1.
Increase the level of data in application or end user industry.
2.
Increase the number of countries in geography chapter.
3.
Find out market shares for other smaller companies or companies which are of
interest to you.
4.
Company profiles can be requested based on your interest.
5.
Patent analysis, pricing, product analysis, product benchmarking, value and
supply chain analysis can be requested for a country or end use segment.
Any
other custom requirements can be discussed with our team, drop an e-mail to [email protected] to discuss more about our consulting
services.
To request for a proposal, provide your details in the below link:
https://www.industryarc.com/reports/request-quote?id=500210
Media
Contact:
Mr.
Venkat Reddy
Sales
Manager
Email
1: [email protected]
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Email 2: [email protected]
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Sales: +1-614-588-8538 (Ext-101)
About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.