酸化エチレン市場の2030年までの予測：誘導体タイプ、用途、エンドユーザー、地域別の世界分析

Stratistics MRCによると、酸化エチレンの世界市場は2024年に397億米ドルを占め、予測期間中にCAGR 7.5％で成長し、2030年には613億米ドルに達すると予想されています。

酸化エチレン（EO）は無色で可燃性の気体で、心地よい臭いがあり、不凍液やポリエステル繊維の重要な要素であるエチレングリコールなどの化学物質の製造に多く利用されています。さらに、界面活性剤、洗剤、その他の工業用化合物の製造や、医療機器の滅菌剤としても使用されます。EOは反応性が強いため、状況によっては重合することがあります。毒性や発がん性があるため、酸化エチレンの取り扱いには十分な安全対策が必要です。エチレンは酸素で酸化されてできます。

国際自動車建設機構（OICA）によると、2022年の世界の自動車生産台数は8,502万台に達し、2021年比で6%の伸びを記録しました。

化学生産における需要

酸化エチレンは、不凍液、ポリエステル繊維、可塑剤に必要なエチレングリコールの製造に不可欠な原料であるため、主に化学製造の需要が市場を牽引しています。酸化エチレンの市場需要は、洗剤、溶剤、界面活性剤など、いくつかの化学製品の生産に使用されることでさらに増加します。自動車、繊維、包装を含む世界のセクターの拡大に伴い、化学製造における酸化エチレンの需要は依然として高く、市場の成長を支え、その用途における技術革新に拍車をかけています。

環境規制

環境法は、厳しい排出制限と安全要件を設定することにより、業界に悪影響を及ぼします。こうした政策が、よりクリーンな技術やコンプライアンス手法への多額の支出を要求する結果、メーカーの営業費用は上昇します。さらに、有害排出物の排除や有害製品別の廃棄に関する厳しい規制によって、製造能力や操業の柔軟性が制限されます。こうした規制は市場拡大の妨げとなり、酸化エチレン産業に関わる企業の財務的成功に影響を及ぼす可能性があります。

繊維産業と自動車産業の成長

繊維産業と自動車産業の成長は、エチレン・オキシド市場に大きな影響を与え、エチレン・グリコールのような必須誘導品の需要を促進しています。エチレングリコールはポリエステル繊維を生産するため、繊維産業にとって不可欠であり、アパレルや家庭用家具に幅広く使用されています。エチレン・グリコールは、自動車産業における冷却剤や不凍液の生産に必要です。酸化エチレンの必要性は、両産業が成長するにつれて、特に新興経済国において高まり、これが市場拡大の原動力となり、セクター固有の需要を満たす生産能力が向上します。

原料価格の変動

原料価格の変動は、生産コストの上昇とサプライチェーンの安定性を阻害することにより、酸化エチレン市場を大きく阻害します。酸化エチレンの生産はエチレンのような原料に依存しており、これらの原料は原油価格や地政学的緊張のような世界的要因の影響を受けて価格が変動します。こうした価格変動はメーカーに財務上の不確実性をもたらし、操業費用の増加、利益率の低下、生産の遅延の可能性につながります。このような不安定さは投資を抑制し、市場の成長を妨げる可能性があります。

COVID-19の影響：

COVID-19のパンデミックは、サプライチェーンの中断、産業活動の低下、製造の遅れにより、酸化エチレン市場を一時的に混乱させました。しかし、パンデミック時の医療用滅菌需要の増加は、ヘルスケア用途における酸化エチレンのニーズを押し上げました。自動車、繊維、化学などの産業が徐々に回復しているため、市場は回復しているが、原材料の入手や安全性への懸念などの課題が依然として残っており、成長の見通しに影響を与えています。

予測期間中はエチレングリコールセグメントが最大になる見込み

エチレングリコール分野は、不凍剤、冷却剤、ポリエステル繊維の製造における主要成分であり、特に自動車産業と繊維産業におけるこれらの製品の需要拡大が酸化エチレンの必要性を煽っているため、予測期間中最大になると予想されます。これらの産業の拡大に加えて、プラスチックや樹脂などの用途でエチレングリコールの使用が増加していることが、酸化エチレンの需要増に直接寄与し、市場の成長と生産を促進しています。

ヘルスケア分野は予測期間中に最も高いCAGRが見込まれる

ヘルスケア分野は、医療機器や器具の滅菌剤として広く使用されているため、予測期間中に最も高いCAGRが見込まれます。酸化エチレンは、オートクレーブ滅菌のような従来の滅菌方法に耐えられない、手術器具、インプラント、医療用包装などの熱に敏感な品目の滅菌に不可欠です。特に新興市場における医療用製品の需要拡大に伴い、酸化エチレンのニーズがさらに高まり、市場の成長を促進しています。

最大のシェアを占める地域

北米は、自動車、繊維、工業用途におけるエチレングリコールの需要により、予測期間中最大の市場シェアを占めると予想されます。同地域の高度な化学製造能力と確立されたインフラが、高い生産レベルを支えています。さらに、医療機器の滅菌や医薬品における酸化エチレンの需要の増加が市場の成長を後押ししています。さらに、堅調な自動車および繊維セクターと相まって、産業および商業用途への注目が高まっていることも、北米が酸化エチレンの主要市場であることを裏付けています。

CAGRが最も高い地域：

アジア太平洋地域は、繊維製品におけるポリエステル繊維の需要と、不凍剤を必要とする自動車セクターの拡大により、予測期間中に最も高いCAGRを記録すると予想されます。同地域の強力な化学製造基盤と消費者市場の成長が、酸化エチレンの主要誘導体であるエチレングリコールの高い需要に寄与しています。さらに、ヘルスケア分野での滅菌ニーズの高まりが市場の成長をさらに後押ししています。政府の好意的な政策やインフラ・製造業への投資も、アジア太平洋地域での市場拡大を後押ししています。

無料のカスタマイズサービス

本レポートをご購読のお客様には、以下の無料カスタマイズオプションのいずれかをご利用いただけます：

• 企業プロファイル
  • 追加市場プレイヤーの包括的プロファイリング（3社まで）
  • 主要企業のSWOT分析（3社まで）
• 地域セグメンテーション
  • 顧客の関心に応じた主要国の市場推計・予測・CAGR（注：フィージビリティチェックによる）
• 競合ベンチマーキング
  • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

• 概要
• ステークホルダー
• 調査範囲
• 調査手法
  • データマイニング
  • データ分析
  • データ検証
  • 調査アプローチ
• 調査情報源
  • 1次調査情報源
  • 2次調査情報源
  • 前提条件

第3章 市場動向分析

• 促進要因
• 抑制要因
• 機会
• 脅威
• 用途分析
• エンドユーザー分析
• 新興市場
• COVID-19の影響

第4章 ポーターのファイブフォース分析

• 供給企業の交渉力
• 買い手の交渉力
• 代替品の脅威
• 新規参入業者の脅威
• 競争企業間の敵対関係

第5章 世界の酸化エチレン市場：誘導体タイプ別

• モノエチレングリコール
• トリエチレングリコール
• ポリエチレングリコール
• エトキシレート

第6章 世界の酸化エチレン市場：用途別

• エチレングリコール
• 酸化エチレン誘導体
• 殺菌
• 化学合成中間体
• その他の用途

第7章 世界の酸化エチレン市場：エンドユーザー別

• 自動車
• テキスタイル
• ヘルスケア
• パーソナルケア
• 建設
• 化学産業
• 飲食品
• その他のエンドユーザー

第8章 世界の酸化エチレン市場：地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他欧州
• アジア太平洋
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他アジア太平洋地域
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他南米
• 中東・アフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他中東とアフリカ

第9章 主な発展

• 契約、パートナーシップ、コラボレーション、合弁事業
• 買収と合併
• 新製品発売
• 事業拡大
• その他の主要戦略

第10章 企業プロファイリング

• BASF SE
• China Petrochemical Corporation（Sinopec）
• Clariant AG
• Dow Chemical Company
• India Glycols Limited
• INEOS AG
• LOTTE Chemical Corporation
• LyondellBasell Industries Holdings B.V.
• Nippon Shokubai Co., Ltd.
• Reliance Industries Limited
• Shell International B.V.
• Saudi Basic Industries Corporation（SABIC）
• Sasol Limited
• Akzo Nobel N.V.
• Eastman Chemical Company
• Exxon Mobil Corporation
• Formosa Plastics Corporation
• Huntsman International LLC
• Indorama Ventures Public Company Limited
• Sumitomo Chemical Co., Ltd.

List of Tables

• Table 1 Global Ethylene Oxide Market Outlook, By Region (2022-2030) ($MN)
• Table 2 Global Ethylene Oxide Market Outlook, By Derivative Type (2022-2030) ($MN)
• Table 3 Global Ethylene Oxide Market Outlook, By Monoethylene Glycol (2022-2030) ($MN)
• Table 4 Global Ethylene Oxide Market Outlook, By Triethylene Glycol (2022-2030) ($MN)
• Table 5 Global Ethylene Oxide Market Outlook, By Polyethylene Glycol (2022-2030) ($MN)
• Table 6 Global Ethylene Oxide Market Outlook, By Ethoxylates (2022-2030) ($MN)
• Table 7 Global Ethylene Oxide Market Outlook, By Application (2022-2030) ($MN)
• Table 8 Global Ethylene Oxide Market Outlook, By Ethylene Glycols (2022-2030) ($MN)
• Table 9 Global Ethylene Oxide Market Outlook, By Ethylene Oxide Derivatives (2022-2030) ($MN)
• Table 10 Global Ethylene Oxide Market Outlook, By Sterilization (2022-2030) ($MN)
• Table 11 Global Ethylene Oxide Market Outlook, By Intermediates for Chemical Synthesis (2022-2030) ($MN)
• Table 12 Global Ethylene Oxide Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 13 Global Ethylene Oxide Market Outlook, By End User (2022-2030) ($MN)
• Table 14 Global Ethylene Oxide Market Outlook, By Automotive (2022-2030) ($MN)
• Table 15 Global Ethylene Oxide Market Outlook, By Textiles (2022-2030) ($MN)
• Table 16 Global Ethylene Oxide Market Outlook, By Healthcare (2022-2030) ($MN)
• Table 17 Global Ethylene Oxide Market Outlook, By Personal Care (2022-2030) ($MN)
• Table 18 Global Ethylene Oxide Market Outlook, By Construction (2022-2030) ($MN)
• Table 19 Global Ethylene Oxide Market Outlook, By Chemical Industry (2022-2030) ($MN)
• Table 20 Global Ethylene Oxide Market Outlook, By Food & Beverage (2022-2030) ($MN)
• Table 21 Global Ethylene Oxide Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 22 North America Ethylene Oxide Market Outlook, By Country (2022-2030) ($MN)
• Table 23 North America Ethylene Oxide Market Outlook, By Derivative Type (2022-2030) ($MN)
• Table 24 North America Ethylene Oxide Market Outlook, By Monoethylene Glycol (2022-2030) ($MN)
• Table 25 North America Ethylene Oxide Market Outlook, By Triethylene Glycol (2022-2030) ($MN)
• Table 26 North America Ethylene Oxide Market Outlook, By Polyethylene Glycol (2022-2030) ($MN)
• Table 27 North America Ethylene Oxide Market Outlook, By Ethoxylates (2022-2030) ($MN)
• Table 28 North America Ethylene Oxide Market Outlook, By Application (2022-2030) ($MN)
• Table 29 North America Ethylene Oxide Market Outlook, By Ethylene Glycols (2022-2030) ($MN)
• Table 30 North America Ethylene Oxide Market Outlook, By Ethylene Oxide Derivatives (2022-2030) ($MN)
• Table 31 North America Ethylene Oxide Market Outlook, By Sterilization (2022-2030) ($MN)
• Table 32 North America Ethylene Oxide Market Outlook, By Intermediates for Chemical Synthesis (2022-2030) ($MN)
• Table 33 North America Ethylene Oxide Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 34 North America Ethylene Oxide Market Outlook, By End User (2022-2030) ($MN)
• Table 35 North America Ethylene Oxide Market Outlook, By Automotive (2022-2030) ($MN)
• Table 36 North America Ethylene Oxide Market Outlook, By Textiles (2022-2030) ($MN)
• Table 37 North America Ethylene Oxide Market Outlook, By Healthcare (2022-2030) ($MN)
• Table 38 North America Ethylene Oxide Market Outlook, By Personal Care (2022-2030) ($MN)
• Table 39 North America Ethylene Oxide Market Outlook, By Construction (2022-2030) ($MN)
• Table 40 North America Ethylene Oxide Market Outlook, By Chemical Industry (2022-2030) ($MN)
• Table 41 North America Ethylene Oxide Market Outlook, By Food & Beverage (2022-2030) ($MN)
• Table 42 North America Ethylene Oxide Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 43 Europe Ethylene Oxide Market Outlook, By Country (2022-2030) ($MN)
• Table 44 Europe Ethylene Oxide Market Outlook, By Derivative Type (2022-2030) ($MN)
• Table 45 Europe Ethylene Oxide Market Outlook, By Monoethylene Glycol (2022-2030) ($MN)
• Table 46 Europe Ethylene Oxide Market Outlook, By Triethylene Glycol (2022-2030) ($MN)
• Table 47 Europe Ethylene Oxide Market Outlook, By Polyethylene Glycol (2022-2030) ($MN)
• Table 48 Europe Ethylene Oxide Market Outlook, By Ethoxylates (2022-2030) ($MN)
• Table 49 Europe Ethylene Oxide Market Outlook, By Application (2022-2030) ($MN)
• Table 50 Europe Ethylene Oxide Market Outlook, By Ethylene Glycols (2022-2030) ($MN)
• Table 51 Europe Ethylene Oxide Market Outlook, By Ethylene Oxide Derivatives (2022-2030) ($MN)
• Table 52 Europe Ethylene Oxide Market Outlook, By Sterilization (2022-2030) ($MN)
• Table 53 Europe Ethylene Oxide Market Outlook, By Intermediates for Chemical Synthesis (2022-2030) ($MN)
• Table 54 Europe Ethylene Oxide Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 55 Europe Ethylene Oxide Market Outlook, By End User (2022-2030) ($MN)
• Table 56 Europe Ethylene Oxide Market Outlook, By Automotive (2022-2030) ($MN)
• Table 57 Europe Ethylene Oxide Market Outlook, By Textiles (2022-2030) ($MN)
• Table 58 Europe Ethylene Oxide Market Outlook, By Healthcare (2022-2030) ($MN)
• Table 59 Europe Ethylene Oxide Market Outlook, By Personal Care (2022-2030) ($MN)
• Table 60 Europe Ethylene Oxide Market Outlook, By Construction (2022-2030) ($MN)
• Table 61 Europe Ethylene Oxide Market Outlook, By Chemical Industry (2022-2030) ($MN)
• Table 62 Europe Ethylene Oxide Market Outlook, By Food & Beverage (2022-2030) ($MN)
• Table 63 Europe Ethylene Oxide Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 64 Asia Pacific Ethylene Oxide Market Outlook, By Country (2022-2030) ($MN)
• Table 65 Asia Pacific Ethylene Oxide Market Outlook, By Derivative Type (2022-2030) ($MN)
• Table 66 Asia Pacific Ethylene Oxide Market Outlook, By Monoethylene Glycol (2022-2030) ($MN)
• Table 67 Asia Pacific Ethylene Oxide Market Outlook, By Triethylene Glycol (2022-2030) ($MN)
• Table 68 Asia Pacific Ethylene Oxide Market Outlook, By Polyethylene Glycol (2022-2030) ($MN)
• Table 69 Asia Pacific Ethylene Oxide Market Outlook, By Ethoxylates (2022-2030) ($MN)
• Table 70 Asia Pacific Ethylene Oxide Market Outlook, By Application (2022-2030) ($MN)
• Table 71 Asia Pacific Ethylene Oxide Market Outlook, By Ethylene Glycols (2022-2030) ($MN)
• Table 72 Asia Pacific Ethylene Oxide Market Outlook, By Ethylene Oxide Derivatives (2022-2030) ($MN)
• Table 73 Asia Pacific Ethylene Oxide Market Outlook, By Sterilization (2022-2030) ($MN)
• Table 74 Asia Pacific Ethylene Oxide Market Outlook, By Intermediates for Chemical Synthesis (2022-2030) ($MN)
• Table 75 Asia Pacific Ethylene Oxide Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 76 Asia Pacific Ethylene Oxide Market Outlook, By End User (2022-2030) ($MN)
• Table 77 Asia Pacific Ethylene Oxide Market Outlook, By Automotive (2022-2030) ($MN)
• Table 78 Asia Pacific Ethylene Oxide Market Outlook, By Textiles (2022-2030) ($MN)
• Table 79 Asia Pacific Ethylene Oxide Market Outlook, By Healthcare (2022-2030) ($MN)
• Table 80 Asia Pacific Ethylene Oxide Market Outlook, By Personal Care (2022-2030) ($MN)
• Table 81 Asia Pacific Ethylene Oxide Market Outlook, By Construction (2022-2030) ($MN)
• Table 82 Asia Pacific Ethylene Oxide Market Outlook, By Chemical Industry (2022-2030) ($MN)
• Table 83 Asia Pacific Ethylene Oxide Market Outlook, By Food & Beverage (2022-2030) ($MN)
• Table 84 Asia Pacific Ethylene Oxide Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 85 South America Ethylene Oxide Market Outlook, By Country (2022-2030) ($MN)
• Table 86 South America Ethylene Oxide Market Outlook, By Derivative Type (2022-2030) ($MN)
• Table 87 South America Ethylene Oxide Market Outlook, By Monoethylene Glycol (2022-2030) ($MN)
• Table 88 South America Ethylene Oxide Market Outlook, By Triethylene Glycol (2022-2030) ($MN)
• Table 89 South America Ethylene Oxide Market Outlook, By Polyethylene Glycol (2022-2030) ($MN)
• Table 90 South America Ethylene Oxide Market Outlook, By Ethoxylates (2022-2030) ($MN)
• Table 91 South America Ethylene Oxide Market Outlook, By Application (2022-2030) ($MN)
• Table 92 South America Ethylene Oxide Market Outlook, By Ethylene Glycols (2022-2030) ($MN)
• Table 93 South America Ethylene Oxide Market Outlook, By Ethylene Oxide Derivatives (2022-2030) ($MN)
• Table 94 South America Ethylene Oxide Market Outlook, By Sterilization (2022-2030) ($MN)
• Table 95 South America Ethylene Oxide Market Outlook, By Intermediates for Chemical Synthesis (2022-2030) ($MN)
• Table 96 South America Ethylene Oxide Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 97 South America Ethylene Oxide Market Outlook, By End User (2022-2030) ($MN)
• Table 98 South America Ethylene Oxide Market Outlook, By Automotive (2022-2030) ($MN)
• Table 99 South America Ethylene Oxide Market Outlook, By Textiles (2022-2030) ($MN)
• Table 100 South America Ethylene Oxide Market Outlook, By Healthcare (2022-2030) ($MN)
• Table 101 South America Ethylene Oxide Market Outlook, By Personal Care (2022-2030) ($MN)
• Table 102 South America Ethylene Oxide Market Outlook, By Construction (2022-2030) ($MN)
• Table 103 South America Ethylene Oxide Market Outlook, By Chemical Industry (2022-2030) ($MN)
• Table 104 South America Ethylene Oxide Market Outlook, By Food & Beverage (2022-2030) ($MN)
• Table 105 South America Ethylene Oxide Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 106 Middle East & Africa Ethylene Oxide Market Outlook, By Country (2022-2030) ($MN)
• Table 107 Middle East & Africa Ethylene Oxide Market Outlook, By Derivative Type (2022-2030) ($MN)
• Table 108 Middle East & Africa Ethylene Oxide Market Outlook, By Monoethylene Glycol (2022-2030) ($MN)
• Table 109 Middle East & Africa Ethylene Oxide Market Outlook, By Triethylene Glycol (2022-2030) ($MN)
• Table 110 Middle East & Africa Ethylene Oxide Market Outlook, By Polyethylene Glycol (2022-2030) ($MN)
• Table 111 Middle East & Africa Ethylene Oxide Market Outlook, By Ethoxylates (2022-2030) ($MN)
• Table 112 Middle East & Africa Ethylene Oxide Market Outlook, By Application (2022-2030) ($MN)
• Table 113 Middle East & Africa Ethylene Oxide Market Outlook, By Ethylene Glycols (2022-2030) ($MN)
• Table 114 Middle East & Africa Ethylene Oxide Market Outlook, By Ethylene Oxide Derivatives (2022-2030) ($MN)
• Table 115 Middle East & Africa Ethylene Oxide Market Outlook, By Sterilization (2022-2030) ($MN)
• Table 116 Middle East & Africa Ethylene Oxide Market Outlook, By Intermediates for Chemical Synthesis (2022-2030) ($MN)
• Table 117 Middle East & Africa Ethylene Oxide Market Outlook, By Other Applications (2022-2030) ($MN)
• Table 118 Middle East & Africa Ethylene Oxide Market Outlook, By End User (2022-2030) ($MN)
• Table 119 Middle East & Africa Ethylene Oxide Market Outlook, By Automotive (2022-2030) ($MN)
• Table 120 Middle East & Africa Ethylene Oxide Market Outlook, By Textiles (2022-2030) ($MN)
• Table 121 Middle East & Africa Ethylene Oxide Market Outlook, By Healthcare (2022-2030) ($MN)
• Table 122 Middle East & Africa Ethylene Oxide Market Outlook, By Personal Care (2022-2030) ($MN)
• Table 123 Middle East & Africa Ethylene Oxide Market Outlook, By Construction (2022-2030) ($MN)
• Table 124 Middle East & Africa Ethylene Oxide Market Outlook, By Chemical Industry (2022-2030) ($MN)
• Table 125 Middle East & Africa Ethylene Oxide Market Outlook, By Food & Beverage (2022-2030) ($MN)
• Table 126 Middle East & Africa Ethylene Oxide Market Outlook, By Other End Users (2022-2030) ($MN)

According to Stratistics MRC, the Global Ethylene Oxide Market is accounted for $39.7 billion in 2024 and is expected to reach $61.3 billion by 2030 growing at a CAGR of 7.5% during the forecast period. Ethylene oxide (EO) is a colorless, flammable gas with a pleasant odor that is largely utilized in the manufacture of chemicals such as ethylene glycol, a crucial element in antifreeze and polyester fibers. Additionally, it is used in the production of surfactants, detergents, and other industrial compounds, as well as as a sterilizing agent for medical equipment. Because of its strong reactivity, EO can polymerize under some situations. Careful safety measures must be used while handling ethylene oxide because of its toxicity and carcinogenic qualities. Ethylene is oxidized with oxygen to create it.

According to the Organization Internationale des Constructeurs d'Automobiles (OICA), the global production of motor vehicles reached 85.02 million in 2022, registering a YoY growth of 6% compared to 2021.

Market Dynamics:

Driver:

Demand in Chemical Production

The ethylene oxide market is primarily driven by chemical manufacturing demand, as it is a crucial raw material in the manufacture of ethylene glycol, which is required for antifreeze, polyester fibers, and plasticizers. The market demand for ethylene oxide is further increased by its use in the production of several chemicals, such as detergents, solvents, and surfactants. The requirement for ethylene oxide in chemical manufacturing is still high as global sectors including automotive, textiles, and packaging expand, supporting market growth and spurring innovation in its uses.

Restraint:

Environmental Regulations

Environmental laws have a negative influence on the industry by setting stringent emissions limits and safety requirements. Manufacturers' operating expenses will rise as a result of these policies' requirement for large expenditures in cleaner technology and compliance methods. Furthermore, manufacturing capabilities and operational flexibility are restricted by strict regulations on the elimination of harmful emissions and the disposal of hazardous byproducts. These rules may thus hinder market expansion and have an impact on the financial success of businesses involved in the ethylene oxide industry.

Opportunity:

Growing Textile and Automotive Industries

The increasing textile and automotive sectors have a substantial influence on the Ethylene Oxide market, fueling demand for essential derivatives such as ethylene glycol. Ethylene glycol is essential to the textile industry because it produces polyester fibers, which are used extensively in apparel and home furnishings. Ethylene glycol is necessary for the production of coolants and antifreeze in the automobile industry. The need for ethylene oxide rises as both industries grow, especially in emerging economies, which drives market expansion and improves production capacity to satisfy sector-specific demands.

Threat:

Volatility in Raw Material Prices

Volatility in raw material prices significantly hinders the Ethylene Oxide market by increasing production costs and disrupting supply chain stability. Ethylene oxide production relies on feedstocks like ethylene, which are subject to price fluctuations influenced by global factors such as oil prices and geopolitical tensions. These price swings create financial uncertainty for manufacturers, leading to higher operational expenses, reduced profit margins, and potential delays in production. Such instability can deter investment and hinder market growth.

Covid-19 Impact:

The COVID-19 pandemic temporarily disrupted the Ethylene Oxide market due to supply chain interruptions, reduced industrial activity, and delays in manufacturing. However, the increased demand for medical sterilization during the pandemic boosted the need for ethylene oxide in healthcare applications. With the gradual recovery of industries such as automotive, textiles, and chemicals, the market has rebounded, but ongoing challenges in raw material availability and safety concerns still impact growth prospects.

The ethylene glycols segment is expected to be the largest during the forecast period

The ethylene glycols segment is expected to be the largest during the forecast period because it is a key component in manufacturing antifreeze, coolants, and polyester fibers, the growing demand for these products, particularly in the automotive and textile industries, fuels the need for ethylene oxide. The expansion of these industries, along with the increasing use of ethylene glycol in applications such as plastics and resins, directly contributes to the rising demand for ethylene oxide, propelling market growth and production.

The healthcare segment is expected to have the highest CAGR during the forecast period

The healthcare segment is expected to have the highest CAGR during the forecast period due to its widespread use as a sterilizing agent for medical devices and equipment. Ethylene oxide is essential for sterilizing heat-sensitive items, such as surgical instruments, implants, and medical packaging, which cannot withstand traditional sterilization methods like autoclaving. With the growing demand for medical products, particularly in emerging markets, further increase the need for ethylene oxide, fostering market growth.

Region with largest share:

North America is anticipated to hold the largest market share during the forecast period owing to demand for ethylene glycol in automotive, textile, and industrial applications. The region's advanced chemical manufacturing capabilities and established infrastructure support high production levels. Additionally, the growing demand for ethylene oxide in medical device sterilization and pharmaceuticals boosts market growth. Furthermore, the increasing focus on industrial and commercial applications, coupled with the robust automotive and textile sectors, solidifies North America as a key market for ethylene oxide.

Region with highest CAGR:

Asia Pacific is anticipated to witness the highest CAGR over the forecast period due to demand for polyester fibers in textiles, and expanding automotive sectors requiring antifreeze. The region's strong chemical manufacturing base and growing consumer markets contribute to the high demand for ethylene glycol, a key derivative of ethylene oxide. Additionally, the rising need for sterilization in the healthcare sector further boosts market growth. Favorable government policies and investments in infrastructure and manufacturing also support the market's expansion in Asia-Pacific.

Key players in the market

Some of the key players in Ethylene Oxide market include BASF SE, China Petrochemical Corporation (Sinopec), Clariant AG, Dow Chemical Company, India Glycols Limited, INEOS AG, LOTTE Chemical Corporation, LyondellBasell Industries Holdings B.V., Nippon Shokubai Co., Ltd., Reliance Industries Limited, Shell International B.V., Saudi Basic Industries Corporation (SABIC), Sasol Limited, Akzo Nobel N.V., Eastman Chemical Company, Exxon Mobil Corporation, Formosa Plastics Corporation, Huntsman International LLC, Indorama Ventures Public Company Limited and Sumitomo Chemical Co., Ltd.

Key Developments:

In July 2024, BASF launched Haptex 4.0, an innovative polyurethane solution for the production of synthetic leather that is 100% recyclable. Synthetic leather made with Haptex 4.0 and polyethylene terephthalate (PET) fabric can be recycled together using an innovative formulation and recycling technical pathway without the need of layer peel-off process.

In June 2024, CPGC and BASF signed framework agreement on actual ship application of onboard carbon capture system, to steer the low-carbon transformation and foster the sustainable development of the shipping industry.

In May 2024, BASF expanded its biomass balance offering to include BMBCertTM 1,4-butanediol (BDO), tetrahydrofuran (THF), polytetrahydrofuran (PolyTHF(R)) and 3-(dimethylamino)propylamine (DMAPA). In addition to the production site in Ludwigshafen, Germany, the site in Geismar, Louisiana, has also achieved certifications for all these products.

Derivative Types Covered:

• Monoethylene Glycol
• Triethylene Glycol
• Polyethylene Glycol
• Ethoxylates

Applications Covered:

• Ethylene Glycols
• Ethylene Oxide Derivatives
• Sterilization
• Intermediates for Chemical Synthesis
• Other Applications

End Users Covered:

• Automotive
• Textiles
• Healthcare
• Personal Care
• Construction
• Chemical Industry
• Food & Beverage
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Ethylene Oxide Market, By Derivative Type

• 5.1 Introduction
• 5.2 Monoethylene Glycol
• 5.3 Triethylene Glycol
• 5.4 Polyethylene Glycol
• 5.5 Ethoxylates

6 Global Ethylene Oxide Market, By Application

• 6.1 Introduction
• 6.2 Ethylene Glycols
• 6.3 Ethylene Oxide Derivatives
• 6.4 Sterilization
• 6.5 Intermediates for Chemical Synthesis
• 6.6 Other Applications

7 Global Ethylene Oxide Market, By End User

• 7.1 Introduction
• 7.2 Automotive
• 7.3 Textiles
• 7.4 Healthcare
• 7.5 Personal Care
• 7.6 Construction
• 7.7 Chemical Industry
• 7.8 Food & Beverage
• 7.9 Other End Users

8 Global Ethylene Oxide Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 BASF SE
• 10.2 China Petrochemical Corporation (Sinopec)
• 10.3 Clariant AG
• 10.4 Dow Chemical Company
• 10.5 India Glycols Limited
• 10.6 INEOS AG
• 10.7 LOTTE Chemical Corporation
• 10.8 LyondellBasell Industries Holdings B.V.
• 10.9 Nippon Shokubai Co., Ltd.
• 10.10 Reliance Industries Limited
• 10.11 Shell International B.V.
• 10.12 Saudi Basic Industries Corporation (SABIC)
• 10.13 Sasol Limited
• 10.14 Akzo Nobel N.V.
• 10.15 Eastman Chemical Company
• 10.16 Exxon Mobil Corporation
• 10.17 Formosa Plastics Corporation
• 10.18 Huntsman International LLC
• 10.19 Indorama Ventures Public Company Limited
• 10.20 Sumitomo Chemical Co., Ltd.