What is the projected growth rate of the ethylene oxide market for 2023-2030?
The global ethylene oxide market is expected to grow at a CAGR of 3.2% during the forecast period, reaching a significant market size by 2030.
Which industries are driving the growth of the ethylene oxide market?
The increasing demand from the textile, personal care, pharmaceutical, agriculture, food, and chemical industries is fueling the market growth.
Which region holds the largest share of the global ethylene oxide market?
The Asia Pacific region currently dominates the market due to its high consumption in industries like textile and automotive. China, in particular, stands out as a major consumer of ethylene oxide and its derivatives.
Who are the key players in the ethylene oxide market?
The market landscape features a mix of regional and global players, with prominent names like Croda Inc., DowDuPont Inc., BASF Corporation, Bayer Material Science LLC, Celanese Ltd., and more. These companies actively engage in product launches, acquisitions, and collaborations to drive market expansion.