Ethylene oxide and Ethylene Glycol Market worth $51.9 billion by 2029

According to MarketsandMarkets™, the “Ethylene oxide and Ethylene Glycol Market by Product Type (Ethylene Glycol, Ethoxylates, Ethanolamines, Glycol Ethers), Application (Polyester Fibers, Antifreeze & Coolants, PET Resins), End-Use Industries, and Region – Global Forecast to 2029” is expected to grow at a CAGR of 5.5% from USD 39.7 billion in 2024 to USD 51.9 billion by 2029.The demand for ethylene oxide and ethylene glycol is increasing due to a variety of factors, including the automotive industry’s increased requirement for ethylene glycol in manufacturing processes, particularly for PET resins used in packaging and antifreeze solutions. Furthermore, the healthcare sector’s rising reliance on ethylene oxide for sterilization drives market expansion.

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  • 242 Market data Tables
  • 57 Figures
  • 262 Pages and in-depth TOC on “ Ethylene oxide and Ethylene Glycol Market – Global Forecast to 2029”
This report also provides a comprehensive analysis of the companies listed below:

Major competitors in the ethylene oxide and ethylene glycol industry include BASF SE (Germany), SABIC (Saudi Arabia), Shell Plc (UK), Dow Chemical Company (US), and ExxonMobil Corporation (US). These organizations have robust distribution networks and dependable manufacturing facilities in key markets such as North America, Europe, and Asia Pacific. They have a proven track record of a strong market presence, respectable products and services, and sound business methods. Furthermore, these organizations have a sizable market share, a larger product footprint, products with broader applications, and a wider geographical reach.

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The ethylene oxide and ethylene glycol market is divided by product type, including ethylene glycol (monoethylene, diethylene, and triethylene glycol), ethoxylates, ethanolamines, glycol ethers, and others. Because of its versatility and widespread use across industries, the “ethylene glycol” product type has the biggest global market share in the ethylene oxide and ethylene glycol market. Ethylene glycol, a fundamental raw element in the production of PET resins, is widely used in the production of plastic bottles, packaging materials, textile fibers and polyester films.

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