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Title: Ethylene Glycol and Ethylene Oxide Market Size to 2022 Analysis by Applications, Types


1
Ethylene Glycol and Ethylene Oxide Industry
Analysis Share, Sales, Trends, overview 2017-2022
Ethylene Glycol and Ethylene Oxide Industry
Contains Market Competition by Manufacturers,
Manufacturers Profiles/Analysis, and
Manufacturing Cost Analysis, Industrial Chain,
Sourcing Strategy and Downstream Buyers, Market
Effect Factors Analysis.
Global ethylene glycol and ethylene oxide demand
is expected to witness a high growth on account
of its vast industrial application especially in
the manufacturing of pet bottles. These compounds
are vital raw materials that are used in the
manufacturing of various products which include
detergents, solvents, thickeners, and plastics.
Ethylene oxide and ethylene glycol are not used
directly and most of its application come as a
raw material. Ethylene oxide is an organic
compound belonging to the cyclic ether family
having a molecular formula C2H4O. At room
temperature, it is a colorless gas with a sweet
odor. It exhibits flammable characteristics and
is categorized as a hazardous substance. It is
not well known to consumers although highly used
as a raw material to produce consumer products.
Ethylene oxide is one of the most produced
organic chemicals in the world. Most of the
commercial C2H4O is obtained through the
chlorohydrin process. Browse Full Research Report
of ethylene glycol and ethylene oxide market_at_
https//www.millioninsights.com/industry-reports/e
thylene-glycol-oxide-market
2
Ethylene glycol (C2H6O2) is obtained when
ethylene oxide is treated with water in the
presence of acidic catalysts. It is a colorless
liquid having a sweet taste and moderate
toxicity. It is mostly used in the manufacturing
of polyester fibers and polyethylene
terephthalate resins (PET). Polyester is a
popular compound which used these compounds as
raw material. Increasing consumption of
polyester is the major driving factor propelling
the market demand. The textile industry is a
major consumer polyester which further drives
the overall market demand. Polyester has shown
increasing popularity owing to their robustness,
tear, and wrinkle resistant. These fibers are
used as an insulator in the manufacturing of
pillows and upholstery padding. Liquid crystal
displays. Further, these polyester fibers are
also used to make liquid crystal displays,
holograms, tarpaulin, wire insulators and
insulation tapes. Manufacturing of PET bottles is
another factor driving the manufacturing of these
compounds. Polyethylene terephthalate (PET) is a
thermoplastic polymer resin used to make
containers for food and beverages. The beverage
industry has been extensively using these
compounds for packaging. Food and beverage
packaging using PET bottles and containers have
overshadowed tin packaging owing to its low cost
and convenient usage. Detergent manufacturing has
been significantly contributing in fueling the
demand in recent years. These ethylene compounds
are used for manufacturing surfactants. The
healthcare sector has witnessed the use of C2H4O
for sterilizing medical equipment. These
applications in the form of a sterilizing agent
and disinfectant agent provide new avenues for
the market growth. Another driver comprises of
growing demand for antifreeze agents in
automobile industries. Anti-freezers are used in
vehicles to reduce the freezing point of water
based liquid. Request Sample Copy of ethylene
glycol and ethylene oxide market _at_
https//www.millioninsights.com/industry-reports/e
thylene-glycol-oxide-market/request-sample Ethylen
e oxide is categorized as a hazardous material
and requires handling with care. Risks
associated with its usage is expected to offer a
major challenge to the industry growth as
companies tend to use safe raw materials for
production. Occupational safety and health
Organization (OSHA) is an agency under the
United States department of labor. OSHA aims at
guiding the manufacturers and users for best
industrial practices. Stringent government
regulations are expected to act as a barrier to
industrial growth in the near future. OSHA has
set the maximum exposure limit for 15 minutes of
5 parts per million (ppm). The increase in raw
material prices is expected to affect the global
market
3
  • demand. These compounds are derived from crude
    oil and their price fluctuations are expected to
    impact the profitability.
  • The market is segmented based on its application
    for further chemical production. It includes mono
    ethylene glycol, ethoxylates, ethanolamine,
    Diethylene triethylene, polyols, and
    polyethylene. Segmentation on the basis of
    end-use industries includes textiles, detergents
    personal care, packaging, agrochemicals and
    healthcare. North America dominates the market
    both in terms of demand and production and is
    expected to continue its dominance owing to its
    application in polyester and PET manufacturing.
    Regional demand is followed by Asia Pacific on
    account of increasing polyester fabric demand.
    The textile industry in countries including
    India, China and Malaysia has significantly
    contributed in propelling the regional growth.
  • Europe is anticipated to witness a steady growth
    mainly on account of detergent and personal care
    industry. Africa and South America is expected to
    witness a slow growth owing to the scarce
    presence of end use industries. Key players
    operating in the market include Dow Chemical
    Company, Royal Dutch Shell, Saudi Basic
    Industries, China Petrochemical Corporation,
    Formosa Plastics, Ineos, and BASF. Companies are
    focusing on achieving economies of scale through
    large scale production in order to negate the
    fluctuating crude oil prices. The U.S
    manufacturers have been establishing a strong
    relationship with customers in Asia-Pacific for
    establishing strong relations.
  • See More Reports of this Category by Million
    Insights _at_ https//www.millioninsights.com/indust
    ry/chemicals
  • Geographically, this report is segmented into
    several key Regions, with production,
    consumption, revenue (million USD), market share
    and growth rate of Ethylene Glycol and Ethylene
    Oxide in these regions, from 2012 to 2022
    (forecast), covering
  • North America
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India
  • Global Ethylene Glycol and Ethylene Oxide market
    competition by top manufacturers, with
    production, price, revenue (value) and market
    share for each manufacturer the top players

4
  • including
  • BASF
  • DOW
  • Huntsman
  • Shell
  • SABIC
  • AkzoNobel
  • Farsa Chemical
  • Formosa Plastics
  • Ineos Oxide
  • LyondellBasell Industries
  • Reliance Industries
  • Sinopec
  • On the basis of product, this report displays the
    production, revenue, price, market share and
    growth rate of each type, primarily split into
  • Ethylene Glycol
  • Ethoxylate
  • Ethanolamine
  • Polyols
  • Pharmaceutical

5
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