Ethylene Oxide Market - Industry Analysis, Market Size, Share, Trends, Growth And Forecast 2022 - 2027

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Ethylene Oxide Market 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.s
• The major use of ethylene oxide is in making
  ethylene glycol which is further processed to
  make chemical products such as glycol ethers,
  diethyl ether and polyester fibers. The major
  application of ethylene oxide is in sectors like
  the automotive, cleaning industry, textiles and
  medical sectors

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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.
• The high demand for convenient and easy-to-use
  detergent products contributed to the increase in
  usage of ethylene oxide-based derivatives in the
  manufacturing of detergents, resulting in
  positive market growth.

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Ethylene Oxide Market Segment Analysis By
Application Chemical intermediate held the
largest portion of the Ethylene Oxide Market
share in 2021 and is forecasted to grow at a CAGR
of 5.4 during the forecast period 2022-2027.
Ethylene Oxide as a chemical intermediate is used
in the manufacturing of ethylene glycol,
ethanolamines, glycol ethers and ethoxylates.
These chemical compounds are further used in the
making of other products such as ethylene glycol
is used in making polyester fiber which forms
automotive seat covers and raw material for
clothing and apparel wear. According to the
European Association of Automobile Manufacturers
Association, in 2021, passenger car production in
the US stood at 6.3 million units, showing a 3.1
increase in comparison with 2020.
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• Ethylene Oxide Market 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
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Contact (1) 970-236-3677
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