Ethylene oxide Market (2017 - 2024) Expecting Worldwide Growth.

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Global Ethylene Oxide Market Outlook and
Worldwide Foresight to 2024
Ethylene Oxide Market Size, Industry Analysis
Report, Regional Outlook (U.S., Canada, Germany,
UK, Italy, France, Spain, Italy, Russia, Poland,
China, India, Japan, Australia, Brazil, Mexico,
Argentina, South Africa, Saudi Arabia, Qatar,
Kuwait, UAE), Application Development Potential,
Price Trends, Competitive Market Share
Forecast, 2016 2024
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Global Market Scenario of Ethylene Oxide

• The ethylene oxide market is estimated to witness
  a massive growth from 2017 to 2024.
• The growth is primarily contributed by its
  increasing application in ethylene glycol and
  ethoxylates, ethylene glycol is significantly
  used for manufacturing polyethylene terephthalate
  (PET) resin and polyester fiber which is further
  growing the ethylene oxide market across the
  globe.
• Ethylene oxide is a gaseous, flammable alkylating
  agent. It is majorly used in hospital, dentistry,
  surgery, for disinfecting and sterilizing medical
  instrument.
• Further it is also used for producing various
  consumer goods as well as non-consumer chemical.
  These consumer goods comprise of thickeners,
  detergent, plastics and solvents whereas
  non-consumer chemical includes organic chemicals
  like ethylene glycol.
• Its wide range of applications and desirable
  properties are growing the global ethylene oxide
  market.

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Market Research Reports Key Analytical
Components  
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• Product Analysis-
• The market growth is hindered by high toxic
  content of ethylene oxide. Application of
  ethylene oxide in polyester fiber for
  manufacturing gloves, shoes etc. which is
  chemically contaminated, further any exposure or
  contact with skin can cause chemical burns.
  Therefore, market is negatively impacted by
  harmful toxic content that is restricting its
  application in several industries like textiles
  and healthcare which is decelerating the market
  growth for upcoming years.
• One of the major factors restricting the global
  ethylene oxide market is stringent government
  regulation guiding the application of ethylene
  oxide on polyester fiber and TEP resin, as
  ethylene oxide contain harmful chemical
  substances when applied to various applications
  it may damage human health.
• Regional Trends-
• Asia Pacific is predicted to have the largest
  share by the end of 2024. Rising demand for
  polyester fibers in the region due to developing
  textile industries and increasing consumer
  spending is augmenting the growth of polyester
  fiber in the region which in positively favouring
  the global ethylene oxide market for the forecast
  period. Moreover, rising tour and travelling
  industry in the region is growing the demand for
  packaged beverage products is propelling the
  ethylene oxide market over the coming years.

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• Competitive Trends
• Some of the primary players in the market include
  Dow Chemical, Eastern Petrochemical Company,
  Formosa Plastics, Yansab, Shell, Sinopec,
  Reliance, BASF SE, Indorama Ventures, Huntsman,
  PTT Global Chemical, LyondellBasell, Indian Oil,
  Oriental Union Chemical, CNPC, Kuwait Petroleum
  Corporation, Ultrapar Participacoes Sa, Sinopec
  Shanghai Petrochemical Company Limited and
  others. Few of the major manufacturer of the
  market are growing their global presence and
  diversifying their product category to gain
  competitive advantage.

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