Market Overview

The Global Ethylene Oxide Market was valued at USD 38,282.3 million in 2023 and is expected to reach USD 51,195.1 million by 2031 while growing at a CAGR of 3.7% during the forecast period (2024-2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global ethylene oxide market growth. Ethylene oxide (EO), a colorless and highly reactive gas with the chemical formula C2H4O, is crucial in diverse industrial applications because of its versatility. It possesses a three-membered ring structure, comprising one oxygen atom and two carbon atoms, making it a significant cyclic ether.

Increasing demand for polyester fibers and rising PET resin demand are propelling the ethylene oxide (EO) market. However, challenges such as environmental concerns, regulations, and volatility in raw material prices may impede its expansion.

Furthermore, the global ethylene oxide industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Derivative Analysis

The Global Ethylene Oxide Market is segmented among Ethylene Glycols, Ethoxylates, Ethanolamines, Glycol Ethers, Polyethylene Glycol, and Other Derivatives, based on Derivative. In 2023, Ethylene Glycols accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By End-user Industry Analysis

The Global Ethylene Oxide Market is segmented among Automotive, Agrochemicals, Food and Beverage, Textile, Personal Care, Pharmaceuticals, Detergents, and Other End-User Industries, based on End-user Industry. In 2023, Automotive accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Ethylene Oxide Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are BASF SE, China Petrochemical Corporation, Clariant, Dow, India Glycols Limited., INEOS, LOTTE Chemical Corporation., LyondellBasell Industries Holdings B.V., NIPPON SHOKUBAI CO., LTD., and Reliance Industries Limited.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Ethylene Oxide Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Ethylene Oxide Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Ethylene Oxide Market Segmentation, By Derivative 

• Global Ethylene Oxide Market Share Analysis, By Derivative 

• Global Ethylene Oxide Market Growth Analysis, By Derivative 

• Global Ethylene Oxide Market Trends, By Derivative 

o Ethylene Glycols

Ø Monoethylene Glycol (MEG)

Ø Diethylene Glycol (DEG)

Ø Triethylene Glycol (TEG)

o Ethoxylates

o Ethanolamines

o Glycol Ethers

o Polyethylene Glycol

o Other Derivatives

6. Global Ethylene Oxide Market Segmentation, By End-user Industry

• Global Ethylene Oxide Market Share Analysis, By End-user Industry

• Global Ethylene Oxide Market Growth Analysis, By End-user Industry

• Global Ethylene Oxide Market Trends, By End-user Industry

o Automotive

o Agrochemicals

o Food and Beverage

o Textile

o Personal Care

o Pharmaceuticals

o Detergents

o Other End-User Industries

7. Other Global Ethylene Oxide Market Segmentation, By Region

• Global Ethylene Oxide Market Share Analysis, By Region

• Global Ethylene Oxide Market Growth Analysis, By Region

• Global Ethylene Oxide Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• BASF SE.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• China Petrochemical Corporation

• Clariant

• Dow

• India Glycols Limited.

• INEOS

• LOTTE Chemical Corporation.

• LyondellBasell Industries Holdings B.V.

• NIPPON SHOKUBAI CO., LTD.

• Reliance Industries Limited.

 *Similar analysis will be provided for each company listed above.