October 18, 2017 - 6:39 AM EDT
Print Email Article Font Down Font Up
Global Ethylene Oxide Market (2017-2022) - Segmented by Products, End-User Industry & Geography - Research and Markets

DUBLIN

The "Global Ethylene Oxide Market - Segmented by Products, End-User Industry, and Geography - Growth, Trends, and Forecasts (2017 - 2022)" report has been added to Research and Markets' offering.

The demand for ethylene oxide is driven by the increasing production of polyethylene terephthalate (PET) bottles used to package water and carbonated drinks.

A versatile and valuable building block of chemistry, ethylene oxide, and its derivatives are used in the manufacture of everyday products, such as plastics, household cleaners, polyurethanes, and ointments. Ethylene glycol and its byproducts are the major consumer of ethylene oxide, worldwide, out of which monoethylene glycol (MEG) is used extensively in the textile industry for the manufacture of polyester fabrics and resins, as well as in automobile industry as an antifreeze and cooling agent. About 45% of the ethylene glycol produced is used for the production of PET bottles, PET resin containers, polyester resin films, polyurethanes, and plasticizers. Higher glycols like diethylene and triethylene glycols (DEG, TEG) are used in lubricants, lacquers, solvents, gas drying, pharmaceutical preparations, humectants, latex surface coatings, and cosmetics. This segment is anticipated to be one of the key trends impelling the growth prospects of ethylene oxide market, during 2017-2022 (the forecast period).

Another significant consumer of ethylene oxide is the family of ethoxylates that is used in the production of detergents, surfactants, emulsifiers and dispersants, and ethanolamines (MEA, DEA, TEA), which are further utilized in chemicals for textile finishing, cosmetics, soaps, detergents, and natural gas purification. The growing demand for household cleaning products is contributing to the market growth. Other downstream products of ethylene oxide, like ethylene glycol ethers, and polyalkylene glycols, are used in brake fluids, detergents, solvents, lacquers, paints, and antifoam agents. Commercially, ethylene oxide is produced by direct oxidation of ethylene in the presence of a silver catalyst, superseding the earlier use of ethylene chlorohydrin. New manufacturing processes involving the hydration of ethanol in place of ethylene has also gained traction, especially in China.

Companies Mentioned:

  • Dow Chemical
  • Eastern Petrochemical Company (SHARQ)
  • Formosa Plastics
  • Yansab
  • Shell
  • Al-Jubail Petrochemical Company
  • Sinopec
  • Reliance
  • Basf
  • Indorama Ventures
  • Ineos
  • Huntsman
  • PTT Global Chemical
  • LyondellBasell
  • Indian Oil
  • Oriental Union Chemical
  • CNPC
  • Others

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)

6. Regional Market Analysis - (Market size, Growth and forecast)

7. Future of the market

8. Competitive Landscape

9. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/46fp66/global_ethylene

Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Agrochemicals and Fertilizers, Disinfectants, Cosmetic Chemicals, Detergent Chemicals


Source: Business Wire (October 18, 2017 - 6:39 AM EDT)

News by QuoteMedia
www.quotemedia.com

Legal Notice