Ethylene Oxide Market: Moving Towards Brighter Future| Al SABIC, BASF SE

Posted by Andre on October 14th, 2019

Ethylene oxide or oxirane is an organic compound. It is a flammable gas and colourless. They are bactericidal, fungicidal and sporicidal disinfectant and are effective against micro- organisms. They usually have sweet ether like smell. In food and textiles they are used as a fumigant. Global Ethylene Oxide Marketis estimated to grow with a stable CAGR of 5.92% in the forecast period of 2019-2026. Increase in the demand of PET is the major factor for the growth of this market. Some of the leading key players profiled in this study: Al SABIC, BASF SE, Formosa Plastics Corporation, Huntsman International LLC., India Glycol Limited, Indian Oil Corporation Ltd, Indorama Ventures Public Company Limited, INEOS, KAZANORGSINTEZ, LyondellBasell Industries Holdings B.V., Nippon Shokubai Co., Ltd., PTT Global Chemical Public Company Limited, Reliance Industries Limited, Shell Global.

Market Drivers:

• Increasing usage of ethylene oxide in healthcare devices is driving market
• Increasing demand of ethylene oxide in agricultural products as fumigants is driving market

Market Restraints:

• Its flammable nature at room temperature is restraining the market
• Its hazardous effect on eyes and skin is restraining the market

Key Developments in the Market:

In July 2017, Pemex Etileno subsidiary of Petroleos Mexicanos considered an E-auction to adjudicate quantities of ethylene oxide in which 10 companies participated.

In April 2018, Croda announce the launch of their 100% bio-based ethylene oxide plant in New Castle in which two- third of the material will be derived from the natural resources.

Competitive Analysis:

Global ethylene oxide market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of ethylene oxide market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Table of Content-

01: Executive Summary

02: Scope of The Report

03: Market Landscape

04: Market Sizing

05: Market Segmentation by Product

06: Five Forces Analysis

07: Customer Landscape

08: Geographic Landscape

09: Decision Framework

10: Drivers and Challenges

11: Market Trends

12: Vendor Landscape

13: Vendor Analysis

To Continue…….!!! | Get Detailed TOC: @ https://www.databridgemarketresearch.com/toc/?dbmr=global-ethylene-oxide-market

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