Ethylene oxide is a vaporous, combustible alkylating specialist. It is significantly utilized in emergency clinic, dentistry, medical procedure, for cleaning and disinfecting clinical instrument. Further it is additionally utilized for creating different customer products as well as non-buyer synthetic. These shopper products contain thickeners, cleanser, plastics and solvents while non-buyer substance incorporates natural synthetic compounds like ethylene glycol. Its wide scope of utilizations and helpful properties are developing the worldwide ethylene oxide market.
The development of the global ethylene oxide market is driven by expansion popular from individual medical care and car enterprises. What's more, factors, for example, upsurge popular for PET containers from bundling businesses and quick expansion sought after for auto parts like seats and belts are relied upon to drive the development of worldwide ethylene oxide market. Be that as it may, high harmfulness of ethylene oxide and ascend in medical problems are the key elements expected to hamper the development of worldwide market. In actuality, expansion in R&D exercises to make ethylene oxide customer agreeable is relied upon to offer future learning experiences to the market.
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ChemIntel360’s global Ethylene Oxide Market study is a 160+ slide report containing in-depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, and Products perspective. The industry is expected to grow at a CAGR of 4.8% during the forecast period mainly due to growing demand of Ethylene Oxide for polyethylene terephthalate (PET) bottles from packaging industries.
Scope
This study contains global and regional market size data - value and volume. The numbers are broken down by product (Ethylene Glycol, Ethoxylates, Ethanolamines, Glycol Ethers, Polyethylene Glycol, Polyether Polyols, and Others).The historical period runs through 2015-2020 and the forecasted period from 2021-2026.
Market Overview
The global Ethylene Oxide market, which grew from US$X.X billion in 2015 to US$X.X billion in 2019, dropped marginally to US$45.0 billion in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X billion and increase to US$X.X billion in 2026 at a CAGR of X.X%. Cumulatively the market is expected to value US$X.X billion during the forecast period as compared to US$X.X billion during the historical period.
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Key players:
The key players operating in the global ethylene oxide market are SABIC, India Glycols Limited, DowDuPont Inc., Indorama Ventures Public Company Limited, BASF SE, Formosa Plastics Corporation, U.S.A., Indian Oil Corporation Ltd., Royal Dutch Shell Plc., Huntsman International LLC., LOTTE Chemical CORPORATION, and Akzo Nobel N.V.
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ChemIntel360, part of AgileIntel’s broader research offering, provides an integrated portfolio of quantitative and qualitative research reports on the chemicals sector. Our studies make use of credible market intelligence.
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