Title: Ethylene Oxide Market Report – Forecast (2022 – 2027)
1Ethylene Oxide MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- Ethylene Oxide Market size is estimated to reach
US1.2 billion by 2027, after growing at a CAGR
of around 4.9 during the forecast period 2022 to
2027. - Ethylene oxide (also known as oxirane) is an
organic compound that appears as colorless and
flammable gas with a faintly sweet odor. - Due to its rich chemical properties and high
reactive nature, ethylene oxide is used to make
various chemical products such as detergents,
thickeners, solvents, plastics and also various
chemicals namely ethanolamines and ethylene
glycol.
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- Key Takeaways
- Asia-Pacific dominates the Ethylene Oxide
industry as major end-use industries for ethylene
oxide such as automotive, construction,
agriculture and chemicals are rapidly growing in
economies like China and India on account of
growing government initiatives to promote
industrial development. - The growing demand for commercial and passenger
vehicles as well as an increase in usage of
temperature efficient . - fluids for smooth functioning of vehicles will
provide growth opportunities for the ethylene
oxide market size as it is majorly used as
antifreeze and brake fluids in cars.
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Ethylene Oxide Market Segment Analysis By
Geography Asia-Pacific held the largest portion
of the Ethylene Oxide Market share in 2021 up to
41. Major economies like China and India consist
of major sectors like automotive, chemical and
oil gas sectors which are major users of
ethylene oxide and its derivatives. Ethylene
oxide is used as antifreeze for automotive
engines and ethylene glycol derived from ethylene
oxide is used to prevent hydrate formation in oil
pipelines and to prevent them from corrosion.
Government initiatives and growing investments to
boost industrial developments have positively
impacted the productivity level of these sectors.
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- Ethylene Oxide Industry Outlook
- BASF SE
- Sinopec
- Saudi Basic Industries Corporation
- Royal Dutch Shell Plc.
- DowDuPont Inc.
- India Glycols Limited
- Indorama Ventures Public Company Limited
- Huntsman International LLC
- Azko Nobel
- LOTTE Chemical Corporation
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Ethylene Oxide Market Forecast (
2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Report/17708/ethylene
-oxide-market.html
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
- Purchase Full Report _at_ https//www.industryarc.com
/purchasereport.php?id17708
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
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