Ethylene Oxide (Ethylene Glycol, Ethoxylates, Ethanolamines, Glycol Ethers, Polyethylene, Others) Global Business Industry Report 2024-2030
The 'Ethylene Oxide (EO) - Global Strategic Business Report' report has been added to ResearchAndMarkets.com's offering.
The global market for Ethylene Oxide (EO) was valued at US$53.1 Billion in 2024 and is projected to reach US$67.7 Billion by 2030, growing at a CAGR of 4.1% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the Ethylene Oxide (EO) market is driven by several factors. Technological advancements in EO production processes are increasing efficiency and reducing costs, making EO more accessible for various applications. The expanding use of EO in the medical field for sterilization purposes is significantly contributing to market growth, especially in light of heightened health and safety standards worldwide. The rising demand for PET resins and polyester fibers, driven by the packaging and textile industries, is also propelling the market forward.
Additionally, the shift towards sustainable and recyclable materials is driving innovation in EO applications, particularly in the development of bio-based ethylene glycol. The increasing industrialization in emerging markets is further boosting the demand for EO and its derivatives, as these regions invest in infrastructure and industrial capabilities. Moreover, governmental regulations aimed at ensuring safe handling and usage of EO are prompting advancements in safety technologies and practices within production facilities. These factors, combined with ongoing research and development efforts to enhance EO applications and production methods, are fostering robust growth in the ethylene oxide market.
Several trends are currently influencing the ethylene oxide market, shaped by technological advancements and shifting industrial demands. One significant trend is the increasing utilization of EO in the medical sector, particularly for sterilizing medical equipment and supplies. EO's effectiveness in eliminating bacteria, viruses, and fungi without damaging delicate medical devices makes it invaluable in healthcare settings, especially for items that cannot withstand high temperatures or moisture. The demand for sterile medical supplies has surged, driven by global health crises and the expanding healthcare infrastructure, further cementing EO's role in this sector. Additionally, the rising demand for PET bottles and polyester fibers is driving the consumption of EO-derived ethylene glycol.
The packaging industry's shift towards PET due to its recyclability and the textile industry's reliance on polyester for its durability and versatility are major contributors to this demand. The global push towards sustainability and recycling is also impacting the EO market, as manufacturers seek more eco-friendly and efficient production methods for EO and its derivatives. Advances in catalytic processes, such as the development of more effective and durable catalysts, are improving the efficiency and output of EO production, meeting the rising demand from various industries. Innovations in reactor design, including optimized temperature and pressure control systems, are also enhancing production capabilities. Moreover, the chemical industry is exploring bio-based feedstocks for EO production, aiming to reduce reliance on fossil fuels and lower the environmental footprint. These advancements align with broader industry trends towards sustainability and corporate responsibility.
Ethylene Oxide (EO) is a highly reactive and versatile chemical essential to the production of numerous industrial chemicals. It is a colorless, flammable gas at room temperature, characterized by a sweet odor. EO is produced through the catalytic oxidation of ethylene using a silver catalyst, which allows for efficient and high-yield production. The most significant use of EO is in the manufacture of ethylene glycol, which is a critical component in antifreeze formulations, polyester fibers, and polyethylene terephthalate (PET) resins used in plastic bottles and packaging materials. Beyond ethylene glycol, EO is also a precursor in the production of surfactants, ethanolamines, glycol ethers, and other chemicals. These derivatives are vital in producing detergents, solvents, adhesives, and pharmaceuticals, highlighting EO's integral role in the chemical industry as a foundational building block for a wide array of products.
Report Features:
Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of players such as BASF SE, China Petroleum & Chemical Corporation (SINOPEC), Clariant International Ltd., Dow Inc., Exxon Mobil Corporation and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Insights:
Market Growth: Understand the significant growth trajectory of the Ethylene Glycol Application segment, which is expected to reach US$26.3 Billion by 2030 with a CAGR of a 5%. The Ethoxylates Application segment is also set to grow at 3.5% CAGR over the analysis period.
Regional Analysis: Gain insights into the U.S. market, valued at $14.2 Billion in 2024, and China, forecasted to grow at an impressive 7.1% CAGR to reach $14.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Attributes:
Report Attribute Details
No. of Pages 182
Forecast Period 2024 - 2030
Estimated Market Value (USD) in 2024 $53.1 Billion
Forecasted Market Value (USD) by 2030 $67.7 Billion
Compound Annual Growth Rate 4.1%
Regions Covered Global
Key Topics Covered:
MARKET OVERVIEW
Influencer Market Insights
Global Economic Update
Ethylene Oxide (EO) - Global Key Competitors Percentage Market Share in 2025 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
MARKET TRENDS & DRIVERS
Increasing Utilization of EO in the Medical Sector Propels Growth in Sterilization Applications
Advances in Catalytic Processes Strengthen Business Case for Efficient EO Production
Rising Demand for PET Bottles and Polyester Fibers Expands Addressable Market Opportunity
Global Push towards Sustainability Drives Innovation in Bio-Based EO Production
Advancements in Reactor Design Generate Enhanced Production Capabilities
Growing Demand for Eco-Friendly Surfactants and Detergents Spurs Market Growth
Development of Effective and Durable Catalysts Strengthens Efficiency in EO Production
Shift towards Recyclable Packaging Materials Drives Adoption of EO-Derived Ethylene Glycol
Increasing Investment in Chemical Research and Development Propels Innovation in EO Applications
Advances in Bio-Based Feedstocks Generate Opportunities for Sustainable EO Production
Consumer Demand for Safe and Hygienic Products Drives Growth in EO-Derived Applications
Expansion of Textile Industry and Polyester Usage Sustains Growth in EO Demand
Growing Focus on Recycling and Waste Reduction Propels Demand for EO-Based Solutions
FOCUS ON SELECT PLAYERS: Some of the 36 companies featured in this Ethylene Oxide (EO) market report include:
BASF SE
China Petroleum & Chemical Corporation (SINOPEC)
Clariant International Ltd.
Dow Inc.
Exxon Mobil Corporation
Huntsman Corporation
Nouryon
Reliance Industries Ltd.
Royal Dutch Shell PLC
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KEYWORD:
INDUSTRY KEYWORD: MANUFACTURING OTHER HEALTH HEALTH TEXTILES CHEMICALS/PLASTICS
SOURCE: Research and Markets
Copyright Business Wire 2025.
PUB: 03/24/2025 09:17 AM/DISC: 03/24/2025 09:17 AM
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Global Trading Card Game Authentication Services Market Key Players: PSA (Professional Sports Authenticator) CGC (Certified Guaranty Company) ARS SGC (Sportscard Guaranty Corporation) GetGraded MNT Grading ACE Grading Card Grading Australia TGA Other Prominent Players Key Segmentation: By Service Type Grading Services Manual Grading Fully Automated Grading Hybrid Grading Certification Services Encapsulation/Slabbing Appraisal Services Verification Services By Technology Blockchain Authentication QR Code Scanning AI and Machine Learning RFID/NFC By Application Collectible Cards Sports Cards Sealed Boxes and Packs Digital Trading Cards Rare or Limited-Edition Cards By End User Individual Collectors Resellers and Dealers Authentication Agents Card Shops and Retailers By Submission Channel Direct Submissions Retailer / Dealer Submissions International Agents By Region North America Europe Asia Pacific Middle East & Africa (MEA) South America Need More Info? Ask Before You Buy: About Astute Analytica Astute Analytica is a global market research and advisory firm providing data-driven insights across industries such as technology, healthcare, chemicals, semiconductors, FMCG, and more. We publish multiple reports daily, equipping businesses with the intelligence they need to navigate market trends, emerging opportunities, competitive landscapes, and technological advancements. With a team of experienced business analysts, economists, and industry experts, we deliver accurate, in-depth, and actionable research tailored to meet the strategic needs of our clients. At Astute Analytica, our clients come first, and we are committed to delivering cost-effective, high-value research solutions that drive success in an evolving marketplace. Contact Us:Astute AnalyticaPhone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World)For Sales Enquiries: sales@ Follow us on: LinkedIn | Twitter | YouTube CONTACT: Contact Us: Astute Analytica Phone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World) For Sales Enquiries: sales@ Website:
