Ethylene Oxide And Ethylene Glycol Market 2021-2025: APAC to Dominate Market Growth

The ethylene oxide and ethylene glycol market share is expected to grow up to USD 19.55 billion, accelerating at a CAGR of  4.89% during the forecast period. The surge in demand for PET packaging will facilitate the ethylene oxide and ethylene glycol market growth in APAC over the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, ethylene oxide and ethylene glycol market trends, and drivers which are likely to impact the market in focus.

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Ethylene Oxide And Ethylene Glycol Market: Leading Segments and Growth Analysis

The ethylene oxide and ethylene glycol market report will provide insights into the current market share of each segment along with growth projections for the next five years.

• The ethylene oxide and ethylene glycol market is segmented by Product (Ethylene oxide and Ethylene glycol) and Geography (APAC, Europe, North America, MEA, and South America).
• Based on the product segmentation, the ethylene oxide and ethylene glycol market growth in the ethylene oxide segment will be significant during the forecast period.
• 46% of the market growth will originate from APAC during the forecast period.  China and Japan are the key markets for ethylene oxide and ethylene glycol in APAC. 
• The report provides an accurate prediction of the contribution of all the geographic segments to the growth of the ethylene oxide and ethylene glycol market size.

Ethylene Oxide And Ethylene Glycol Market: Trends, Drivers, Challenges to impact growth

• A significant factor in driving the growth of the ethylene oxide and ethylene glycol market will be the developments in end-user industries driving demand for ethylene oxide and ethylene glycol.
• Another factor that will boost the market will be the surge in demand for PET packaging.
• One of the key challenges that market players need to contend with in order to achieve further success is the fluctuation in the prices of raw materials.

Ethylene Oxide And Ethylene Glycol Market: Vendor Analysis

• The market is fragmented.
• The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
• BASF SE, Dow Inc., Formosa Plastics Corp., INEOS Group Holdings SA, LG Electronics Inc., LyondellBasell Industries NV, Reliance Industries Ltd., Royal Dutch Shell Plc, and Saudi Basic Industries Corp. are some of the major ethylene oxide and ethylene glycol market vendors.

Download the Free PDF Sample Report. The custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with impact analysis of government regulations.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerating at a CAGR of 4.89%.
    
2. What is the incremental growth of the market?
   The market is expected to grow up to USD 19.55 billion.
    
3. What is a key factor driving this market?
   Developments in end-user industries driving demand for ethylene oxide and ethylene glycol will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market?
   46% growth will originate from APAC.
    
6. Who are the leading market vendors?
   The leading vendors in this market are BASF SE, Dow Inc., Formosa Plastics Corp., INEOS Group Holdings SA, LG Electronics Inc., LyondellBasell Industries NV, Reliance Industries Ltd., Royal Dutch Shell Plc, and Saudi Basic Industries Corp.
    
7. What are the market segments covered in this report?
   The market is segmented by Product (Ethylene oxide and Ethylene glycol) and Geography (APAC, Europe, North America, MEA, and South America).