Ethylene Oxide Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
Description
Ethylene Oxide Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
The global ethylene oxide market is poised for steady growth, projected to increase from $30.46 billion in 2024 to $41.70 billion by 2031, driven by its versatile applications across industries such as textiles, personal care, automotive, and pharmaceuticals. Ethylene oxide, a key chemical intermediate, is essential in producing derivatives like ethylene glycol, surfactants, glycol ethers, and ethanolamines, making it indispensable in various industrial processes.
Market Insights
Market Growth Drivers
1.Demand for Polyester Fibers and PET Resins:
The rising demand for polyester fibers in the textile industry and PET resins for packaging applications is a significant driver. Ethylene glycol, a key derivative of ethylene oxide, is crucial in the production of these materials, which are widely used in consumer goods and industrial sectors.
2.Expanding Applications in Consumer Products:
The growing need for ethylene oxide in the production of surfactants, used in detergents and personal care products, further propels market growth. Additionally, its applications in glycol ethers and ethanolamines, which are critical components in paints, coatings, and pharmaceuticals, support its sustained demand.
Market Restraints
1.Environmental Compliance and Regulatory Challenges:
Stringent environmental regulations concerning emissions, waste disposal, and worker safety are impacting production processes. Companies must invest in sustainable technologies and adapt to dynamic regulatory landscapes to remain compliant.
2.Safety and Hazard Concerns:
As a hazardous chemical, ethylene oxide requires strict adherence to safety protocols during production, storage, and transportation. Meeting these standards adds to operational complexity and costs for manufacturers.
Opportunities in the Ethylene Oxide Market
1.Surging Demand in PET Resin Production:
The growing global demand for PET resin, driven by the expanding beverage packaging and textile industries, presents lucrative opportunities. Manufacturers focusing on optimizing production processes can capitalize on this rising demand for ethylene glycol, a derivative of ethylene oxide.
2.Adoption of Bio-based Production Methods:
As sustainability becomes a top priority, bio-based production of ethylene oxide offers a promising avenue. Utilizing renewable feedstocks aligns with global eco-conscious trends and appeals to environmentally aware consumers.
Regional Analysis
1. North America:
North America leads the market, benefiting from its robust industrial infrastructure and advanced production facilities. The region’s focus on sustainable practices and stringent environmental regulations supports steady market growth.
2. Europe:
Europe, with its mature automotive, agrochemical, and pharmaceutical industries, holds a significant market share. The region’s commitment to sustainability and adoption of eco-friendly production methods position it as a major player in the global ethylene oxide market.
3. South Asia and Oceania:
South Asia and Oceania emerge as the fastest-growing regions, driven by rapid industrialization, population growth, and rising consumer demand. Expanding textile and personal care industries, coupled with significant infrastructure investments, propel market growth in these regions.
Competitive Analysis
Key Players in the Market:
Prominent companies shaping the ethylene oxide market include:
• BASF SE
• China Petrochemical Corporation
• Clariant
• Dow
• India Glycols Limited
• INEOS
• LOTTE Chemical Corporation
• LyondellBasell Industries Holdings B.V.
• NIPPON SHOKUBAI CO., LTD.
• Reliance Industries Limited
Ethylene Oxide Market Segmentation
By Derivative:
• Ethylene Glycols
oMonoethylene Glycol (MEG)
oDiethylene Glycol (DEG)
oTriethylene Glycol (TEG)
• Ethoxylates
oEthanolamines
oGlycol Ethers
oPolyethylene Glycol
• Other Derivatives
By End-user Industry:
• Automotive
• Agrochemicals
• Food and Beverage
• Textile
• Personal Care
• Pharmaceuticals
• Detergents
• Other End-user Industries
By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
Please note: Delivery Timelines - 5 working days.
Table of Contents
231 Pages
- 1. Executive Summary
- 1.1. Global Ethylene Oxide Market Snapshot
- 1.2. Future Projections
- 1.3. Key Market Trends
- 1.4. Regional Snapshot, by Value and Volume, 2024
- 1.5. Analyst Recommendations
- 2. Market Overview
- 2.1. Market Definitions and Segmentations
- 2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
- 2.3. Value Chain Analysis
- 2.4. Porter’s Five Forces Analysis
- 2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
- 2.6. Economic Overview
- 2.6.1. World Economic Projections
- 2.7. PESTLE Analysis
- 3. Price Analysis, 2019 - 2023
- 3.1. Global Average Price Analysis by Derivative, 2019 - 2023
- 3.2. Prominent Factor Affecting Ethylene Oxide Prices
- 3.3. Global Average Price Analysis by Region
- 4. Global Ethylene Oxide Market Outlook, 2019 - 2031
- 4.1. Global Ethylene Oxide Market Outlook, by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 4.1.1. Key Highlights
- 4.1.1.1. Ethylene Glycols
- 4.1.1.1.1. Monoethylene Glycol (MEG)
- 4.1.1.1.2. Diethylene Glycol (DEG)
- 4.1.1.1.3. Triethylene Glycol (TEG)
- 4.1.1.2. Ethoxylates
- 4.1.1.2.1. Ethanolamines
- 4.1.1.2.2. Glycol Ethers
- 4.1.1.2.3. Polyethylene Glycol
- 4.1.1.3. Other
- 4.2. Global Ethylene Oxide Market Outlook, by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 4.2.1. Key Highlights
- 4.2.1.1. Automotive
- 4.2.1.2. Agrochemicals
- 4.2.1.3. Food and Beverage
- 4.2.1.4. Textile
- 4.2.1.5. Personal Care
- 4.2.1.6. Pharmaceuticals
- 4.2.1.7. Detergents
- 4.2.1.8. Other
- 4.3. Global Ethylene Oxide Market Outlook, by Region, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 4.3.1. Key Highlights
- 4.3.1.1. North America
- 4.3.1.2. Europe
- 4.3.1.3. Asia Pacific
- 4.3.1.4. Latin America
- 4.3.1.5. Middle East & Africa
- 5. North America Ethylene Oxide Market Outlook, 2019 - 2031
- 5.1. North America Ethylene Oxide Market Outlook, by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 5.1.1. Key Highlights
- 5.1.1.1. Ethylene Glycols
- 5.1.1.1.1. Monoethylene Glycol (MEG)
- 5.1.1.1.2. Diethylene Glycol (DEG)
- 5.1.1.1.3. Triethylene Glycol (TEG)
- 5.1.1.2. Ethoxylates
- 5.1.1.2.1. Ethanolamines
- 5.1.1.2.2. Glycol Ethers
- 5.1.1.2.3. Polyethylene Glycol
- 5.1.1.3. Other
- 5.2. North America Ethylene Oxide Market Outlook, by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 5.2.1. Key Highlights
- 5.2.1.1. Automotive
- 5.2.1.2. Agrochemicals
- 5.2.1.3. Food and Beverage
- 5.2.1.4. Textile
- 5.2.1.5. Personal Care
- 5.2.1.6. Pharmaceuticals
- 5.2.1.7. Detergents
- 5.2.1.8. Other
- 5.2.2. Attractiveness Analysis
- 5.3. North America Ethylene Oxide Market Outlook, by Country, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 5.3.1. Key Highlights
- 5.3.1.1. U.S. Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 5.3.1.2. U.S. Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 5.3.1.3. Canada Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 5.3.1.4. Canada Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6. Europe Ethylene Oxide Market Outlook, 2019 - 2031
- 6.1. Europe Ethylene Oxide Market Outlook, by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6.1.1. Key Highlights
- 6.1.1.1. Ethylene Glycols
- 6.1.1.1.1. Monoethylene Glycol (MEG)
- 6.1.1.1.2. Diethylene Glycol (DEG)
- 6.1.1.1.3. Triethylene Glycol (TEG)
- 6.1.1.2. Ethoxylates
- 6.1.1.2.1. Ethanolamines
- 6.1.1.2.2. Glycol Ethers
- 6.1.1.2.3. Polyethylene Glycol
- 6.1.1.3. Other
- 6.2. Europe Ethylene Oxide Market Outlook, by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6.2.1. Key Highlights
- 6.2.1.1. Automotive
- 6.2.1.2. Agrochemicals
- 6.2.1.3. Food and Beverage
- 6.2.1.4. Textile
- 6.2.1.5. Personal Care
- 6.2.1.6. Pharmaceuticals
- 6.2.1.7. Detergents
- 6.2.1.8. Other
- 6.2.2. Attractiveness Analysis
- 6.3. Europe Ethylene Oxide Market Outlook, by Country, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6.3.1. Key Highlights
- 6.3.1.1. Germany Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6.3.1.2. Germany Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6.3.1.3. U.K. Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6.3.1.4. U.K. Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6.3.1.5. France Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6.3.1.6. France Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6.3.1.7. Italy Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6.3.1.8. Italy Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6.3.1.9. Turkey Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6.3.1.10. Turkey Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6.3.1.11. Russia Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6.3.1.12. Russia Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6.3.1.13. Rest of Europe Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 6.3.1.14. Rest of Europe Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 7. Asia Pacific Ethylene Oxide Market Outlook, 2019 - 2031
- 7.1. Asia Pacific Ethylene Oxide Market Outlook, by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 7.1.1. Key Highlights
- 7.1.1.1. Ethylene Glycols
- 7.1.1.1.1. Monoethylene Glycol (MEG)
- 7.1.1.1.2. Diethylene Glycol (DEG)
- 7.1.1.1.3. Triethylene Glycol (TEG)
- 7.1.1.2. Ethoxylates
- 7.1.1.2.1. Ethanolamines
- 7.1.1.2.2. Glycol Ethers
- 7.1.1.2.3. Polyethylene Glycol
- 7.1.1.3. Other
- 7.2. Asia Pacific Ethylene Oxide Market Outlook, by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 7.2.1. Key Highlights
- 7.2.1.1. Automotive
- 7.2.1.2. Agrochemicals
- 7.2.1.3. Food and Beverage
- 7.2.1.4. Textile
- 7.2.1.5. Personal Care
- 7.2.1.6. Pharmaceuticals
- 7.2.1.7. Detergents
- 7.2.1.8. Other
- 7.2.2. Attractiveness Analysis
- 7.3. Asia Pacific Ethylene Oxide Market Outlook, by Country, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 7.3.1. Key Highlights
- 7.3.1.1. China Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 7.3.1.2. China Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 7.3.1.3. Japan Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 7.3.1.4. Japan Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 7.3.1.5. South Korea Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 7.3.1.6. South Korea Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 7.3.1.7. India Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 7.3.1.8. India Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 7.3.1.9. Southeast Asia Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 7.3.1.10. Southeast Asia Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 7.3.1.11. Rest of Asia Pacific Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 7.3.1.12. Rest of Asia Pacific Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 8. Latin America Ethylene Oxide Market Outlook, 2019 - 2031
- 8.1. Latin America Ethylene Oxide Market Outlook, by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 8.1.1. Key Highlights
- 8.1.1.1. Ethylene Glycols
- 8.1.1.1.1. Monoethylene Glycol (MEG)
- 8.1.1.1.2. Diethylene Glycol (DEG)
- 8.1.1.1.3. Triethylene Glycol (TEG)
- 8.1.1.2. Ethoxylates
- 8.1.1.2.1. Ethanolamines
- 8.1.1.2.2. Glycol Ethers
- 8.1.1.2.3. Polyethylene Glycol
- 8.1.1.3. Other
- 8.2. Latin America Ethylene Oxide Market Outlook, by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 8.2.1. Key Highlights
- 8.2.1.1. Automotive
- 8.2.1.2. Agrochemicals
- 8.2.1.3. Food and Beverage
- 8.2.1.4. Textile
- 8.2.1.5. Personal Care
- 8.2.1.6. Pharmaceuticals
- 8.2.1.7. Detergents
- 8.2.1.8. Other
- 8.2.2. Attractiveness Analysis
- 8.3. Latin America Ethylene Oxide Market Outlook, by Country, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 8.3.1. Key Highlights
- 8.3.1.1. Brazil Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 8.3.1.2. Brazil Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 8.3.1.3. Mexico Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 8.3.1.4. Mexico Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 8.3.1.5. Argentina Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 8.3.1.6. Argentina Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 8.3.1.7. Rest of Latin America Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 8.3.1.8. Rest of Latin America Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 9. Middle East & Africa Ethylene Oxide Market Outlook, 2019 - 2031
- 9.1. Middle East & Africa Ethylene Oxide Market Outlook, by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 9.1.1. Key Highlights
- 9.1.1.1. Ethylene Glycols
- 9.1.1.1.1. Monoethylene Glycol (MEG)
- 9.1.1.1.2. Diethylene Glycol (DEG)
- 9.1.1.1.3. Triethylene Glycol (TEG)
- 9.1.1.2. Ethoxylates
- 9.1.1.2.1. Ethanolamines
- 9.1.1.2.2. Glycol Ethers
- 9.1.1.2.3. Polyethylene Glycol
- 9.1.1.3. Other
- 9.2. Middle East & Africa Ethylene Oxide Market Outlook, by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 9.2.1. Key Highlights
- 9.2.1.1. Automotive
- 9.2.1.2. Agrochemicals
- 9.2.1.3. Food and Beverage
- 9.2.1.4. Textile
- 9.2.1.5. Personal Care
- 9.2.1.6. Pharmaceuticals
- 9.2.1.7. Detergents
- 9.2.1.8. Other
- 9.2.2. Attractiveness Analysis
- 9.3. Middle East & Africa Ethylene Oxide Market Outlook, by Country, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 9.3.1. Key Highlights
- 9.3.1.1. GCC Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 9.3.1.2. GCC Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 9.3.1.3. South Africa Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 9.3.1.4. South Africa Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 9.3.1.5. Egypt Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 9.3.1.6. Egypt Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 9.3.1.7. Nigeria Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 9.3.1.8. Nigeria Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 9.3.1.9. Rest of Middle East & Africa Ethylene Oxide Market by Derivative, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 9.3.1.10. Rest of Middle East & Africa Ethylene Oxide Market by End-user Industry, Value (US$ Mn) and Volume (Units), 2019 - 2031
- 10. Competitive Landscape
- 10.1. By Derivative vs by End-user Industry Heatmap
- 10.2. Company Market Share Analysis, 2024
- 10.3. Competitive Dashboard
- 10.4. Company Profiles
- 10.4.1. BASF SE
- 10.4.1.1. Company Overview
- 10.4.1.2. Product Portfolio
- 10.4.1.3. Financial Overview
- 10.4.1.4. Business Strategies and Development
- 10.4.2. China Petrochemical Corporation
- 10.4.2.1. Company Overview
- 10.4.2.2. Product Portfolio
- 10.4.2.3. Financial Overview
- 10.4.2.4. Business Strategies and Development
- 10.4.3. Clariant
- 10.4.3.1. Company Overview
- 10.4.3.2. Product Portfolio
- 10.4.3.3. Financial Overview
- 10.4.3.4. Business Strategies and Development
- 10.4.4. Dow
- 10.4.4.1. Company Overview
- 10.4.4.2. Product Portfolio
- 10.4.4.3. Financial Overview
- 10.4.4.4. Business Strategies and Development
- 10.4.5. India Glycols Limited
- 10.4.5.1. Company Overview
- 10.4.5.2. Product Portfolio
- 10.4.5.3. Financial Overview
- 10.4.5.4. Business Strategies and Development
- 10.4.6. INEOS
- 10.4.6.1. Company Overview
- 10.4.6.2. Product Portfolio
- 10.4.6.3. Financial Overview
- 10.4.6.4. Business Strategies and Development
- 10.4.7. LOTTE Chemical Corporation
- 10.4.7.1. Company Overview
- 10.4.7.2. Product Portfolio
- 10.4.7.3. Financial Overview
- 10.4.7.4. Business Strategies and Development
- 10.4.8. LyondellBasell Industries Holdings B.V.
- 10.4.8.1. Company Overview
- 10.4.8.2. Product Portfolio
- 10.4.8.3. Financial Overview
- 10.4.8.4. Business Strategies and Development
- 10.4.9. NIPPON SHOKUBAI CO., LTD.
- 10.4.9.1. Company Overview
- 10.4.9.2. Product Portfolio
- 10.4.9.3. Financial Overview
- 10.4.9.4. Business Strategies and Development
- 10.4.10. Reliance Industries Limited
- 10.4.10.1. Company Overview
- 10.4.10.2. Product Portfolio
- 10.4.10.3. Financial Overview
- 10.4.10.4. Business Strategies and Development
- 11. Appendix
- 11.1. Research Methodology
- 11.2. Report sAssumptions
- 11.3. Acronyms and Abbreviations
- List of Region/Countries
- • North America
- o U.S.
- o Canada
- • Europe
- o Germany
- o U.K.
- o France
- o Italy
- o Turkey
- o Russia
- o Rest of Europe
- • Asia Pacific
- o China
- o Japan
- o South Korea
- o India
- o Southeast Asia
- o Rest of Asia Pacific
- • Latin America
- o Brazil
- o Mexico
- o Rest of Latin America
- • Middle East & Africa
- o GCC
- o South Africa
- o Rest of Middle East & Africa
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