Ethylene Oxide Market by Application - Global Industry Analysis and Forecast to 2023

Published On : December 2017 Pages : 90 Category: Organic Chemicals Report Code : CM12408

SEGMENTS & REGIONS:

  • Regions: North America, Europe, Asia- Pacific, Latin America, Middle East & Africa

Industry Outlook and Trend Analysis

The Ethylene Oxide Market was worth USD XX.XX billion in the year of 2017 and is expected to reach approximately USD XX.XX billion by 2023, while registering itself at a compound annual growth rate (CAGR) of X.XX% during the forecast period. Ethylene oxide is broadly used crosswise over different businesses for generation of antifreeze, adhesives, solvents, textiles, detergents, and pharmaceuticals. Ethylene oxide is likewise display in sterility for fumigants, in hospitals for sterility of surgical equipment, cosmetics and spices, and so on. Developing interest for polyester fibers and PET resins is anticipated to boost the worldwide market for ethylene oxide over the estimate period. With each PET bottle that is produced, ethylene oxide is made use of. With the rising demand for PET containers in each organization and is likewise favored by the end users, all the while the interest for Ethylene oxide is expanding. Another driver incorporates the expanding interest for antifreeze in automotive sectors; antifreeze is utilized to bring down the point of solidification of water based fluid in the vehicles. The limitations which are confining the development of ethylene oxide in the worldwide market is the variances in crude oil costs in the market; which is vital crude material for ethylene oxide and furthermore the representing issues.

Ethylene Oxide Market

Application Outlook and Trend Analysis

There has been a quick increment in the requirement of ethylene oxide in the market. The applications of ethylene oxide are broadly enhanced into different regions of usage. Different applications of ethylene oxide dissected incorporate ethanolamine, polyethylene, ethoxylates, monoethylene glycol, polyols, diethylene & triethylene, and so forth. Monoethylene glycol is broadly utilized as a part of territories, for example, for the creation of polyester fibers, bottles, films, likewise useful as antifreeze in automotive industry, heat transfer liquids, and so forth. In 2017 Monoethylene glycol section dominated the general ethylene oxide market and the same is foreseen to develop at a significant rate over the estimate period. Diethylene and Triethyleneare used in the process of gas drying and furthermore used as solvents for cork for paste, glue and paper.

Regional Outlook and Trend Analysis

Asia pacific market rules the worldwide ethylene oxide advertise regarding volume and income. Expanding industrialization is foreseen to fuel the market development in Asia Pacific area over the figure period. Asia Pacific was trailed by North America. Asia Pacific market, aside from being the biggest market is likewise anticipated that would develop at a critical rate over the conjecture time frame. Europe and North America market are saturated markets and have been developing at a moderately slow rate from last a few years. In North African areas, enormous companies are opening up their plants and concentrating on the development of this compound attributable to expanding interest for ethylene oxide throughout the world.

Competitive Insights

The market is highly competitive with a number of leading players such as Clariant, Sinopec, Honam Petrochemical Corporation, BASF, Huntsman Corporation, Formosa Plastics Group, INEOS OXIDE LIMITED, LyondellBasell, Dow Chemical Company and Royal Dutch Shell. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The Ethylene Oxide Market is segmented as follows-

By Application:

  • Ethoxylates
  • Diethylene & Triethylene
  • Polyethylene
  • Monoethylene Glycol
  • Ethanolamine
  • Polyols

By Region

  • North America
  • U.S
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest of Asia Pacific
  • Rest of the World
  • Brazil
  • South Africa
  • Saudi Arabia
  • United Arab Emirates
  • Others

Some of the key questions answered by the report are:

  • What was the market size in 2017 and forecast from 2017 to 2023?
  • What will be the industry market growth from 2017 to 2023?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

Market Classification

  • Ethylene Oxide Market, By Application, Estimates and Forecast, 2014-2023($Million)
  • Ethoxylates
  • Diethylene & Triethylene
  • Polyethylene
  • Monoethylene Glycol
  • Ethanolamine
  • Polyols
  • Ethylene Oxide Market, By Region, Estimates and Forecast, 2014-2023($Million)
    • North America
  • North America Ethylene Oxide Market, By Country
  • North America Ethylene Oxide Market, By Application
    • U.S. Ethylene Oxide Market, By Application
    • Canada Ethylene Oxide Market, By Application
    • Mexico Ethylene Oxide Market, By Application
    • Europe
  • Europe Ethylene Oxide Market, By Country
  • Europe Ethylene Oxide Market, By Application
    • Germany Ethylene Oxide Market, By Application
    • France Ethylene Oxide Market, By Application
    • UK Ethylene Oxide Market, By Application
    • Italy Ethylene Oxide Market, By Application
    • Spain Ethylene Oxide Market, By Application
    • Rest of Europe Ethylene Oxide Market, By Application
    • Asia-Pacific
      • Asia-Pacific Ethylene Oxide Market, By Country
      • Asia-Pacific Ethylene Oxide Market, By Application
        • Japan Ethylene Oxide Market, By Application
        • Australia Ethylene Oxide Market, By Application
        • India Ethylene Oxide Market, By Application
        • South Korea Ethylene Oxide Market, By Application
        • Rest of Asia-Pacific Ethylene Oxide Market, By Application
    • Rest of the World
      • Rest of the World Ethylene Oxide Market, By Country
      • Rest of the World Ethylene Oxide Market, By Application
        • Brazil Ethylene Oxide Market, By Application
        • South Africa Ethylene Oxide Market, By Application
        • Saudi Arabia Ethylene Oxide Market, By Application
        • Turkey Ethylene Oxide Market, By Application
        • United Arab Emirates Ethylene Oxide Market, By Application
        • Others Ethylene Oxide Market, By Application

Table of Contents

1.       Introduction

1.1.       Report Description

1.2.       Research Methodology

1.2.1.  Secondary Research

1.2.2.  Primary Research

2.       Executive Summary

2.1.       Key Highlights

3.       Market Overview

3.1.       Introduction

3.1.1.  Market Definition

3.1.2.  Market Segmentation

3.2.       Market Dynamics

3.2.1.  Drivers

3.2.1.1.    Strong Demand for Polyester Fibers and PET Resin 

3.2.1.2.    Growing Demand for Antifreeze 

3.2.2.  Restraints

3.2.2.1.    Regulatory Scenario 

3.2.2.2.    Rising Crude Oil Prices 

3.2.3.  Opportunities

3.2.3.1.    Emerging Markets to Offer Lucrative Growth Opportunities

4.       Ethylene Oxide Market, By Application

4.1.       Introduction

4.2.       Ethylene Oxide Market Assessment and Forecast, By Application, 2017-2023

4.3.       Ethoxylates

4.3.1.  Market Assessment and Forecast, By Region, 2017-2023($Million)

4.4.       Diethylene & Triethylene

4.4.1.  Market Assessment and Forecast, By Region, 2017-2023($Million)

4.5.       Polyethylene

4.5.1.  Market Assessment and Forecast, By Region, 2017-2023($Million)

4.6.       Monoethylene Glycol

4.6.1.  Market Assessment and Forecast, By Region, 2017-2023($Million)

4.7.       Ethanolamine

4.7.1.  Market Assessment and Forecast, By Region, 2017-2023($Million)

4.8.       Polyols

4.8.1.  Market Assessment and Forecast, By Region, 2017-2023($Million)

5.       Ethylene Oxide Market, By Region

5.1.       Introduction

5.2.       Ethylene Oxide Market  Assessment and Forecast, By Region, 2017-2023($Million)

5.3.       North America

5.3.1.  Market Assessment and Forecast, By Country, 2017-2023($Million)

5.3.2.  Market Assessment and Forecast, By Application, 2017-2023($Million)

5.3.3.  U.S.

5.3.3.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.3.4.  Canada

5.3.4.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.3.5.  Mexico

5.3.5.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.4.       Europe

5.4.1.  Market Assessment and Forecast, By Country, 2017-2023($Million)

5.4.2.  Market Assessment and Forecast, By Application, 2017-2023($Million)

5.4.3.  Germany

5.4.3.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.4.4.  France

5.4.4.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.4.5.  UK

5.4.5.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.4.6.  Italy

5.4.6.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.4.7.  Spain

5.4.7.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.4.8.  Rest of Europe

5.4.8.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.5.       Asia-Pacific

5.5.1.  Market Assessment and Forecast, By Country, 2017-2023($Million)

5.5.2.  Market Assessment and Forecast, By Application, 2017-2023($Million)

5.5.3.  Japan

5.5.3.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.5.4.  China

5.5.4.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.5.5.  Australia

5.5.5.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.5.6.  India

5.5.6.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.5.7.  South Korea

5.5.7.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.5.8.  Rest of Asia-Pacific

5.5.8.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.6.       Rest of the World

5.6.1.  Market Assessment and Forecast, By Country, 2017-2023($Million)

5.6.2.  Market Assessment and Forecast, By Application, 2017-2023($Million)

5.6.3.  Brazil

5.6.3.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.6.4.  Turkey

5.6.4.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.6.5.  Saudi Arabia

5.6.5.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.6.6.  South Africa

5.6.6.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.6.7.  United Arab Emirates

5.6.7.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

5.6.8.  Others

5.6.8.1.    Market Assessment and Forecast, By Application, 2017-2023($Million)

6.       Company Profiles

6.1.       Clariant

6.1.1.  Business Overview

6.1.2.  Product Portfolio

6.1.3.  Key Financials

6.1.4.  Strategic Developments

6.2.        Sinopec

6.2.1.  Business Overview

6.2.2.  Product Portfolio

6.2.3.  Key Financials

6.2.4.  Strategic Developments

6.3.       Honam Petrochemical Corporation

6.3.1.  Business Overview

6.3.2.  Product Portfolio

6.3.3.  Key Financials

6.3.4.  Strategic Developments

6.4.       BASF

6.4.1.  Business Overview

6.4.2.  Product Portfolio

6.4.3.  Key Financials

6.4.4.  Strategic Developments

6.5.       Huntsman Corporation

6.5.1.  Business Overview

6.5.2.  Product Portfolio

6.5.3.  Strategic Developments

6.6.       Formosa Plastics Group

6.6.1.  Business Overview

6.6.2.  Product Portfolio

6.6.3.  Strategic Developments

6.7.       NEOS OXIDE LIMITED

6.7.1.  Business Overview

6.7.2.  Product Portfolio

6.7.3.  Strategic Developments

6.8.       Lyondell Basell

6.8.1.  Business Overview

6.8.2.  Product Portfolio

6.8.3.  Strategic Developments

6.9.       Dow Chemical Company

6.9.1.  Business Overview

6.9.2.  Product Portfolio

6.9.3.  Strategic Developments

6.10.    Royal Dutch Shell

6.10.1.      Business Overview

6.10.2.      Product Portfolio

6.10.3.      Key Financials

6.10.4.      Strategic Developments


List of Tables

Table 1.Ethylene Oxide Market, By Application ($Million), 2017-2023
Table 2.Ethoxylates Market, By Region ($Million), 2017-2023
Table 3.Diethylene & Triethylene Market, By Region ($Million), 2017-2023
Table 4.Polyethylene Market, By Region ($Million), 2017-2023
Table 5.Monoethylene Glycol Market, By Region ($Million), 2017-2023
Table 6.Ethanolamine Market, By Region ($Million), 2017-2023
Table 7.Polyols Market, By Region ($Million), 2017-2023
Table 8.North America Ethylene Oxide Market, By Country, 2017-2023($Million)
Table 9.North America Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 10.U.S.Ethylene Oxide Market, by Application, 2017-2023($Million)
Table 11Canada Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 12.Mexico Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 13.Europe Ethylene Oxide Market, By Country, 2017-2023($Million)
Table 14.Europe Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 15.Germany Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 16.France Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 17.UK Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 18.Italy Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 19.Spain Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 20.Rest of Europe Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 21.Asia-Pacific Ethylene Oxide Market, By Country, 2017-2023($Million)
Table 22.Asia-Pacific Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 23.Japan Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 24.China Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 25.Australia Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 26.India Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 27.South Korea Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 28.Rest of Asia-Pacific Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 29.Rest of the World Ethylene Oxide Market, By Country, 2017-2023($Million)
Table 30.Rest of the World Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 31.Brazil Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 32.Turkey Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 33.Saudi Arabia Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 34.South Africa Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 35.United Arab Emirates Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 36.Others Ethylene Oxide Market, By Application, 2017-2023($Million)
Table 37.Clariant: Key Strategic Developments, 2017-2017
Table 38.Sinopec: Key Strategic Developments, 2017-2017
Table 39.Honam Petrochemical Corporation: Key Strategic Developments, 2017-2017
Table 40.BASF: Key Strategic Developments, 2017-2017
Table 41.Huntsman Corporation: Key Strategic Developments, 2017-2017
Table 42.Formosa Plastics Group: Key Strategic Developments, 2017-2017
Table 43.INEOS OXIDE LIMITED: Key Strategic Developments, 2017-2017
Table 44.Lyondell Basell: Key Strategic Developments, 2017-2017
Table 45.Dow Chemical Company: Key Strategic Developments, 2017-2017
Table 46.Royal Dutch Shell: Key Strategic Developments, 2017-2017


List of Figures

Figure 1.Ethylene Oxide Market Share, By Application, 2017 & 2023
Figure 2Ethylene Oxide Market, By Region, 2017 & 2023 ($Million)
Figure 3.Clariant: Net Revenues, 2017-2017 ($Million)
Figure 4.Clariant: Net Revenue Share, By Segment, 2017
Figure 5.Clariant: Net Revenue Share, By Geography, 2017
Figure 6.Sinopec: Net Revenues, 2017-2017 ($Million)
Figure7.Sinopec: Net Revenue Share, By Segment, 2017
Figure8.Sinopec: Net Revenue Share, By Geography, 2017
Figure9.Honam Petrochemical Corporation: Net Revenues, 2017-2017 ($Million)
Figure10.Honam Petrochemical Corporation: Net Revenue Share, By Segment, 2017
Figure 11.Honam Petrochemical Corporation: Net Revenue Share, By Geography, 2017
Figure 12.BASF: Net Revenues, 2017-2017 ($Million)
Figure 13.BASF: Net Revenue Share, By Segment, 2017
Figure 14.BASF: Net Revenue Share, By Geography, 2017
Figure 15.Royal Dutch Shell: Net Revenues, 2017-2017 ($Million)
Figure 16.Royal Dutch Shell: Net Revenue Share, By Segment, 2017
Figure 17.Royal Dutch Shell: Net Revenue Share, By Geography, 2017

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

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