The Ethylene Oxide Market is Predict to reach $48.2 Billion by 2030, at a CAGR of 4.6%

Ethylene Oxide Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Ethylene Oxide Market size is expected to reach $48.2 billion by 2030, rising at a market growth of 4.6% CAGR during the forecast period. In the year 2022, the market attained a volume of 29,316.3 Kilo Tonnes, experiencing a growth of 2.7% (2019-2022).

The Ethoxylates segment is showcasing a CAGR of 5.9% during (2023 - 2030). Ethoxylates are versatile chemicals that can be tailored for various applications. They are used as surfactants, emulsifiers, detergents, wetting agents, and dispersants across multiple industries. Ethoxylates are found in various consumer products, including detergents, cleaning agents, personal care items, and cosmetics. The demand for these products, which contain ethoxylates, drives EO consumption. Ethoxylates are essential components of industrial cleaning products, such as degreasers, industrial detergents, and disinfectants. The industrial and institutional cleaning sector relies on ethoxylates for their cleaning efficacy. Ethoxylates are used in the textile industry for wetting, dyeing, and finishing. These chemicals improve the fabric's wettability and dyeing properties.

The North America region dominated the Global Ethylene Oxide Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $11 billion by 2030. The Europe market is anticipated to grow at a CAGR of 4.3% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 4.8% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/ethylene-oxide-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Akzo Nobel N.V., BASF SE, Shell plc, Clariant AG, The Dow Chemical Company (Dow Corning Ltd.), Exxon Mobil Corporation, Formosa Plastics Group, LOTTE Chemical Corporation (LOTTE Corp.), Huntsman Corporation, and SABIC (Saudi Arabian Oil Company).

Global Ethylene Oxide Market Segmentation

By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)

• Ethylene Glycol
• Ethoxylates
• Ethanolamines
• Polyols
• Others

By Geography (Volume, Kilo Tonnes, USD Million, 2019-2030)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• Akzo Nobel N.V.
• BASF SE
• Shell plc
• Clariant AG
• The Dow Chemical Company (Dow Corning Ltd.)
• Exxon Mobil Corporation
• Formosa Plastics Group
• LOTTE Chemical Corporation (LOTTE Corp.)
• Huntsman Corporation
• SABIC (Saudi Arabian Oil Company)

Related Reports:

North America Ethylene Oxide Market Size & Analysis to 2030

• September-2023
• 103 Pages

LAMEA Ethylene Oxide Market Size, Industry Trends 20222030

• September-2023
• 111 Pages

Europe Ethylene Oxide Market Size & Industry Growth, 2030

• September-2023
• 111 Pages

Asia Pacific Ethylene Oxide Market Size & Forecast by 2030

• September-2023
• 113 Pages