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

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 Market is 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.

Focus of the report

1. CAGR values in the market for the forecast period
2. Key trends in the market place
3. Major players and brands
4. Historical and current market size and projection up to 2026.
5. Detailed overview of parent market
6. Changing market dynamics of the industry

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-

1. Executive Summary
2. Scope of The Report
3. Market Landscape
4. Market Sizing
5. Market Segmentation by Product
6. Five Forces Analysis
7. Customer Landscape
8. Geographic Landscape
9. 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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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.