The report highlights the growing demand for PET resins and polyester fibers across the globe, which is augmenting the global market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the Ethylene oxide market.
The ethylene oxide market is bifurcated into the application and end-user industry. Based on application, the market is segmented into ethylene glycol, acrylonitrile, ethoxylates, ethanolamine, sterilant, and others. In 2022, the ethylene glycol segment dominates in the overall ethylene oxide market. Based on the end-user industry, the market is segmented into chemical, pharmaceutical and healthcare, food & beverages, cosmetics, automotive, oil & gas, detergents, textile, and others. In 2022, the automotive segment dominate the overall ethylene oxide market.Get Free Sample
|Report Attributes||Report Details|
|By Appliances||Ethylene Glycol, Acrylonitrile, Ethoxylates, Ethanolamine, Sterilant, and Others|
|By End-user Industry||Chemical, Pharmaceutical and Healthcare, Food & Beverages, Cosmetics, Automotive, Oil & Gas, Detergents, Textile, and Others|
|By Region||North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa|
The market is dominated by certain major companies such as Akzo Nobel N.V., Royal Dutch Shell Plc., BASF SE, and SABIC, which have a strong market position in the current market circumstances. These companies are continuously leveraging new technologies to develop innovative solutions. Furthermore, the ethylene oxide market is expected to witness substantial growth in the coming years due to increasing innovations in bio-based ethylene oxide in key regions such as North America, Asia Pacific, and others.
The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships.