Ethylene oxide and Ethylene Glycol Market worth $51.9 billion by 2029 - Exclusive Report by MarketsandMarkets™
Articolo Precedente
Articolo Successivo
Browse in-depth TOC on "Ethylene oxide and Ethylene Glycol Market".
242 – Tables
57 – Figures
262 – Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=398
"Ethylene Glycol, by product type, is expected to be the most significant ethylene oxide and ethylene glycol market segment during the forecast period."
Ethylene glycol holds the most significant shares in the ethylene oxide and ethylene glycol market due to its versatile applications and widespread use across various industries. As a key raw material, ethylene glycol is essential in the production of polyester fibers, PET resins, antifreeze solutions, and other products used in automotive, textiles, plastics, and packaging sectors. Its properties, such as thermal stability, hygroscopic nature, and compatibility with different materials, make it a preferred choice for manufacturers. Additionally, the growing demand for ethylene glycol in emerging economies, coupled with advancements in production technologies and sustainable practices, further solidifies its dominant position in the market, driving continued growth and revenue generation.
"Polyester fibers are anticipated to be the most significant ethylene oxide and ethylene glycol market segment, by application, during the forecast period."
The polyester fibers application holds the most significant shares in the ethylene oxide and ethylene glycol market due to its wide-ranging uses and favourable properties. Polyester fibers, derived from ethylene glycol through polymerization processes, exhibit exceptional strength, durability, and resistance to wrinkles and shrinking. These qualities make polyester fibers ideal for various applications such as textiles, apparel, home furnishings, industrial fabrics, and non-woven materials. Additionally, the versatility of polyester fibers allows for the production of a wide range of products, including clothing, upholstery, carpets, and technical textiles used in automotive and aerospace industries. The growing demand for polyester fibers in emerging economies, coupled with innovations in production techniques, further enhances their dominance in the ethylene oxide and ethylene glycol market's application segment.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=398
"Textile is anticipated to be the most significant ethylene oxide and ethylene glycol market segment, by end-use industries, during the forecast period."
The Textile end-use industry holds the most significant shares in the ethylene oxide and ethylene glycol market due to the extensive utilization of ethylene glycol in polyester fiber production. Polyester fibers, derived from ethylene glycol through polymerization processes, exhibit exceptional strength, durability, and resistance to wrinkles and shrinking. These qualities make polyester fibers ideal for various applications such as textiles, apparel, home furnishings, industrial fabrics, and non-woven materials. Additionally, the versatility of polyester fibers allows for the production of a wide range of products, including clothing, upholstery, carpets, and technical textiles used in automotive and aerospace industries. The growing demand for textiles in emerging economies, coupled with innovations in production techniques, further enhances the dominance of the Textile industry in the ethylene oxide and ethylene glycol market's end-use segment.
"Asia Pacific is expected to be the fastest-growing region in the global ethylene oxide and ethylene glycol market, by region, during the forecast period."
The Asia Pacific region is experiencing rapid growth in the ethylene oxide and ethylene glycol market due to several key factors. Firstly, the region's robust industrialization, particularly in countries like China, India, and Southeast Asian nations, fuels substantial demand for ethylene glycol across industries such as automotive, textiles, plastics, and packaging. Additionally, the expanding population and increasing disposable incomes in these economies drive higher consumption of ethylene glycol-based products like PET resins, polyester fibers, and antifreeze solutions. Furthermore, supportive government policies, investments in infrastructure, and advancements in technology further contribute to the market's growth trajectory in the Asia Pacific region, making it an attractive and profitable market for ethylene oxide and ethylene glycol stakeholders.
The key players profiled in the report include BASF SE (Germany), SABIC (Saudi Arabia), Shell Plc (UK), Dow Chemical Company (US), and ExxonMobil Corporation (US).
![Ethylene oxide and Ethylene Glycol Market worth $51.9 billion by 2029 - Exclusive Report by MarketsandMarkets™](https://mma.prnewswire.com/media/2297424/MarketsandMarkets_Logo.jpg)
Browse Adjacent Market: Bulk Chemicals and Inorganics MarketResearch Reports & Consulting
Related Reports:
Monoethylene Glycol (MEG) Market- GLOBAL FORECAST TO 2022
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/ethylene-oxide-ethylene-glycol-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/eo-eg.asp
Logo: https://mma.prnewswire.com/media/2297424/MarketsandMarkets_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/ethylene-oxide-and-ethylene-glycol-market-worth-51-9-billion-by-2029--exclusive-report-by-marketsandmarkets-302110183.html
![](https://rt.prnewswire.com/rt.gif?NewsItemId=EN81711&Transmission_Id=202404080330PR_NEWS_EURO_ND__EN81711&DateId=20240408)