Press release
Ethylene Oxide Market to Reach $ 60.75 Billion By 2023: Clariant, Sinopec, Honam Petrochemical Corporation, BASF, Huntsman Corporation, Formosa Plastics Group, INEOS OXIDE LIMITED, LyondellBasell, Dow Chemical Company and Royal Dutch Shell
The Ethylene Oxide Market was worth USD 35.51 billion in the year of 2014 and is expected to reach approximately USD 60.75 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.15% during the forecast period.Ethylene Oxide Market - Competitive Insights:
The market is highly competitive with a number of leading players such as Clariant, Sinopec, Honam Petrochemical Corporation, BASF, Huntsman Corporation, Formosa Plastics Group, INEOS OXIDE LIMITED, LyondellBasell, Dow Chemical Company and Royal Dutch Shell.
Sample copy of this report: https://www.crystalmarketresearch.com/report-sample/CM12408 .
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Ethylene Oxide Market - Industry Outlook and Trend Analysis:
Ethylene oxide is broadly used crosswise over different businesses for generation of antifreeze, adhesives, solvents, textiles, detergents, and pharmaceuticals. Ethylene oxide is likewise display in sterility for fumigants, in hospitals for sterility of surgical equipment, cosmetics and spices, and so on. Developing interest for polyester fibers and PET resins is anticipated to boost the worldwide market for ethylene oxide over the estimate period. With each PET bottle that is produced, ethylene oxide is made use of. With the rising demand for PET containers in each organization and is likewise favored by the end users, all the while the interest for Ethylene oxide is expanding. Another driver incorporates the expanding interest for antifreeze in automotive sectors; antifreeze is utilized to bring down the point of solidification of water based fluid in the vehicles. The limitations which are confining the development of ethylene oxide in the worldwide market is the variances in crude oil costs in the market; which is vital crude material for ethylene oxide and furthermore the representing issues.
The Ethylene Oxide Market is segmented as follows-
Ethylene Oxide Market - By Region:
North America - U.S, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
Ethylene Oxide Market - Regional Outlook and Trend Analysis:
Asia pacific market rules the worldwide ethylene oxide advertise regarding volume and income. Expanding industrialization is foreseen to fuel the market development in Asia Pacific area over the figure period. Asia Pacific was trailed by North America. Asia Pacific market, aside from being the biggest market is likewise anticipated that would develop at a critical rate over the conjecture time frame. Europe and North America market are saturated markets and have been developing at a moderately slow rate from last a few years. In North African areas, enormous companies are opening up their plants and concentrating on the development of this compound attributable to expanding interest for ethylene oxide throughout the world.
Ethylene Oxide Market - Application Outlook and Trend Analysis:
There has been a quick increment in the requirement of ethylene oxide in the market. The applications of ethylene oxide are broadly enhanced into different regions of usage. Different applications of ethylene oxide dissected incorporate ethanolamine, polyethylene, ethoxylates, monoethylene glycol, polyols, diethylene & triethylene, and so forth. Monoethylene glycol is broadly utilized as a part of territories, for example, for the creation of polyester fibers, bottles, films, likewise useful as antifreeze in automotive industry, heat transfer liquids, and so forth. In 2013 Monoethylene glycol section dominated the general ethylene oxide market and the same is foreseen to develop at a significant rate over the estimate period. Diethylene and Triethyleneare used in the process of gas drying and furthermore used as solvents for cork for paste, glue and paper.
Ethylene Oxide Market - By Application:
Ethoxylates
Diethylene & Triethylene
Polyethylene
Monoethylene Glycol
Ethanolamine
Polyols
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Ethylene Oxide Market - List of Tables:
Table 1.Ethylene Oxide Market, By Application ($Million), 2014-2023
Table 2.Ethoxylates Market, By Region ($Million), 2014-2023
Table 3.Diethylene & Triethylene Market, By Region ($Million), 2014-2023
Table 4.Polyethylene Market, By Region ($Million), 2014-2023
Table 5.Monoethylene Glycol Market, By Region ($Million), 2014-2023
Table 6.Ethanolamine Market, By Region ($Million), 2014-2023
...
Ethylene Oxide Market - List of Figures:
Figure 1.Ethylene Oxide Market Share, By Application, 2014 & 2023
Figure 2Ethylene Oxide Market, By Region, 2014 & 2023 ($Million)
Figure 3.Clariant: Net Revenues, 2014-2016 ($Million)
Figure 4.Clariant: Net Revenue Share, By Segment, 2016
Figure 5.Clariant: Net Revenue Share, By Geography, 2016
Figure 6.Sinopec: Net Revenues, 2014-2016 ($Million)
...
As the report further, it explains developing plans and policies, making processes, cost structures of Ethylene Oxide market as well as the leading players. It also concentrates on the aspects like company profile, product images, supply chain relationship, import/export details of Ethylene Oxide market, market statistics of Ethylene Oxide market, upcoming development plans, market gains, contact details, consumption ratio. Ultimately, the report includes an in-depth analysis of sub-segments, market dynamics, feasibility study, key strategies used by leading players, market share study and growth prospects of the industry. The report also evaluates the growth established by the market during the forecast period and research conclusions are offered.
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Reason to Buy -
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Ethylene Oxide market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Continued…
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