Global Ethylene Oxide (EO) Market Insights and Forecast to 2028

The global Ethylene Oxide market is projected to grow from $32140 million in 2022 to $39500 million in 2028 at a CAGR of 3.5% in the forecast period. Increased demand from the personal healthcare and automotive industries is propelling the global ethylene oxide market forward. Furthermore, the ethylene oxide market is expected to grow due to demand for PET bottles from packaging industries, polyester fibers, and antifreeze for engines.

Ethylene Oxide (EO) Ethylene oxide (EO), properly called oxirane by IUPAC, is the organic compound with the formula C2H4O. It is cyclic ether. Ethylene oxide is a colorless gas at room temperature and a colorless liquid below 51°F (10.7°C).

Ethylene Oxide (EO) is widely found in the production of solvents, antifreeze, textiles, detergents, adhesives, polyurethane foam, and pharmaceuticals. Smaller amounts are present in fumigants, sterilants for spices and cosmetics, as well as during hospital sterilization of surgical equipment.

The leading producers in the industry are Dow, Sharq, and Formosa, with the top three accounting for 12%, 7%, and 6%.

From a regional perspective, the Asia Pacific region accounted for 41.54% of the total income, which was the highest. Asia-Pacific is expected to be the most lucrative region. Rising demand for polyester fibers in the region is bolstering the growth of polyester fiber in the region, which is positively favoring the global ethylene oxide market for the forecast period, thanks to developing textile industries and rising consumer spending. Furthermore, the region's growing tourism and travel industry are driving up demand for packaged beverage products, propelling the ethylene oxide market in the coming years.

In terms of the production side, this report researches the Ethylene Oxide (EO) capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of the sales side, this report focuses on the sales of Ethylene Oxide (EO) by region (region level and country level), by company, by Type, and by Application. from 2017 to 2022 and forecast to 2028.

The ethylene Oxide (EO) market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Ethylene Oxide (EO) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

Ethylene Oxide (EO) Market by Type

• SD-Oxidation
• Shell-Oxidation
• Dow-Oxidation
• Others

Ethylene Oxide (EO) Market by Application

• Ethylene Glycol
• Surfactant
• Ethanolamine
• Others

Major Players in the Ethylene Oxide (EO) Market

• Dow Chemical
• Sharq
• Formosa
• Yansab
• Shell
• Al-Jubail Petrochemical Company
• Sinopec
• Reliance
• Basf
• Indorama Ventures
• Ineos
• Huntsman
• PTT Global Chemical
• LyondellBasell
• Indian Oil
• Oriental Union Chemical
• CNPC
• Sibur
• Nippon Shokubai
• India Glycol Limited
• Eastman
• Kazanorgsintez
• Sasol

Production by Region

• United States
• Europe
• China
• Japan
• Taiwan (China)
• India
• Saudi
• Thailand

Consumption by Region

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• U.A.E