Press release
Ethylene Oxide Market Share, Size, Trends, Growth, Report and Forecast 2023-28
Ethylene Oxide Market
According to a new report by Expert Market Research titled, "Global Ethylene Oxide Market Share, Size, Analysis, Report and Forecast 2023-2028″, the ethylene oxide market reached a value of approximately USD 31.7 billion in 2022.Aided by the burgeoning demand for various ethylene oxide derivatives and the ever-increasing applications of ethylene oxide in numerous industries, the market is projected to further grow at a CAGR of 4.5% between 2023 and 2028 to reach a value of USD 41.1 billion by 2028.
Ethylene oxide is an essential raw material for various chemical products, including ethylene glycol, ethoxylates, ethanolamines, glycol ethers, and polyethylene glycols. These derivatives are employed extensively in several sectors like textiles, automotive, agrochemicals, and personal care. Besides its role as a critical intermediate in chemical synthesis, ethylene oxide is also used as a sterilising agent for medical equipment and supplies, owing to its bactericidal, fungicidal, and sporicidal properties.
Get a Free Sample Report with Table of Contents@
https://bityl.co/LXyA
The global ethylene oxide market growth is majorly driven by the rising demand for ethylene glycol, particularly monoethylene glycol (MEG). MEG is predominantly used in the production of polyester fibres, resins, and antifreeze formulations, which are extensively employed in the textile and automotive industries. As these sectors continue to flourish, the demand for MEG, and by extension, ethylene oxide, is expected to rise correspondingly.
Another significant factor contributing to the ethylene oxide market expansion is the mounting demand for surfactants, particularly in the personal care and home care sectors. Ethylene oxide is used in the production of alcohol ethoxylates, a key ingredient in various detergent and cleaning products. As hygiene and cleanliness gain greater significance in the current global scenario, the demand for these products, and thereby ethylene oxide, is expected to witness a notable surge.
In the pharmaceutical sector, ethylene oxide's role as a sterilising agent propels the ethylene oxide market demand. The COVID-19 pandemic, in particular, has highlighted the importance of sterile medical equipment, leading to a surge in the use of ethylene oxide for sterilisation purposes.
Read Full Report with Table of Contents@
https://bityl.co/LXyC
Moreover, ethylene oxide is also employed in the production of agrochemicals, particularly pesticides and herbicides. With the growing global population and the consequent need for increased agricultural productivity, the demand for agrochemicals is on the rise, contributing to the ethylene oxide market development. Innovations in the production process of ethylene oxide, aiming to enhance efficiency and reduce environmental impact, are expected to further stimulate the market's growth.
Ethylene Oxide Market Segmentation
The market can be divided based on application, end use, and region.
Market Breakup by Application
Glycol Ethers
Acrylonitrile
Ethoxylates
Ethanolamines
Healthcare Sterilent
Others
Market Breakup by End Use
Chemical Processing
Healthcare
Food and Beverages
Automotive
Others
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global ethylene oxide companies. Some of the major key players explored in the report by Expert Market Research are as follows:
China Petroleum & Chemical Corp (Sinopec)
BASF SE
Saudi Basic Industries Corp (SABIC)
Dow Inc.
Shell plc
Nippon Shokubai Co., Ltd.
Reliance Industries Limited
Maruzen Petrochemical Co., Ltd.
PTT Global Chemical
Huntsman International LLC.
Others
Read More Reports:
Africa Electric Bus Market: https://bityl.co/LXx6
Africa Dairy Based Beverages Market: https://bityl.co/LXx7
Sports Tourism Market: https://bityl.co/LXx8
United States Real Estate Market: https://bityl.co/LXx9
Power Device Analyzer Market: https://bityl.co/LXxA
Flexible Paper Packaging Market: https://bityl.co/LWX9
5G in Aviation Market: https://bityl.co/LWXB
Smart Greenhouse Market: https://bityl.co/LWXC
Nanomaterials Market: https://bityl.co/LWXD
Hair Botox Market: https://bityl.co/LWXF
Media Contact:
Company Name: Claight Corporation
Contact Person: George buttler, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
About Us:
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Ethylene Oxide Market Share, Size, Trends, Growth, Report and Forecast 2023-28 here
News-ID: 3237351 • Views: …
More Releases from Expert Market Research
Bed and Bath Linen Market Trends, Growth & Forecast 2025-2034
The global bed and bath linen market is witnessing strong growth due to increasing consumer focus on home décor, comfort, and luxury. Rising disposable incomes, urbanization, and the booming hospitality sector are further boosting demand for premium-quality bed sheets, pillowcases, towels, and bathrobes. Technological innovations in fabrics, such as antimicrobial, wrinkle-resistant, and sustainable textiles, are shaping consumer preferences. In addition, the expansion of online distribution channels has made luxury and…
Global Fruit Juice Market Size, Report and Forecast 2025-2034
The latest report from Expert Market Research titled, "Global Fruit Juice Market Size, Report and Forecast 2025-2034," offers a comprehensive analysis of the global fruit juice market, examining it across various segments such as types, flavours, distribution channels, and key regions.
The report identifies and tracks the latest trends shaping the industry and evaluates their impact on the overall market dynamics. It also provides a thorough assessment of the market, covering…
Global Fluorspar Market Forecast 2025-2034: Growth, Trends, and Key Insights
According to the latest report by Expert Market Research (EMR), the global Fluorspar Market Size is projected to grow at a CAGR of 5.60% between 2025 and 2034. The market is expected to experience significant growth by 2034, driven by the increasing demand for fluorspar across industries such as manufacturing, chemicals, and metallurgy.
Fluorspar, also known as fluorite, is a key industrial mineral composed of calcium fluoride (CaF2). It is crucial…
Why will smart pulse oximeters market hit $3.50Bn by 2034?
smart pulse oximeters market Overview
The smart pulse oximeters market has become a pivotal part of modern healthcare infrastructure, especially in the wake of increasing cardiovascular and respiratory ailments. These technologically enhanced devices measure blood oxygen saturation and pulse rate, often offering wireless connectivity to mobile apps for better health tracking. Their growing application in hospitals, ambulatory settings, and home healthcare environments reflects the market's evolving dynamics. Key drivers include the…
More Releases for Market:
Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb …
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report…
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M …
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion.
This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,…
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma …
Market Overview:
The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,…
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
