Ethylene Oxide Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Ethylene Oxide Industry Size & Outlook. The Market is segmented by Derivative (Ethylene Glycols, Ethoxylates, Ethanolamines, Glycol Ethers, Polyethylene Glycol, and Other Derivatives), End-user Industry (Automotive, Agrochemical, Food and Beverage, Textile, Personal Care, Pharmaceutical, Detergent, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East and Africa).

Ethylene Oxide Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Ethylene Oxide Market Size

Ethylene Oxide Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 3.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Medium

Major Players

Ethylene Oxide Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Ethylene Oxide Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

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Ethylene Oxide Market Analysis

The Ethylene Oxide Market is expected to register a CAGR of greater than 3% during the forecast period.

The market was negatively impacted by COVID-19 in 2020. The global beauty and personal care industry has been significantly affected by the COVID-19 pandemic. Though the industry has restructured itself to engage in the production of hand sanitizers and cleaning agents, however, the drop in sales has been significant. The demand from the industry has recovered in 2021 and is likely to grow at a moderate rate in the coming years.

  • Over the short term, the major factors driving the market are the growing usage of PET in the food and beverage industry, increasing demand for household and personal care products in developing countries, and growing demand for antifreeze agents.
  • However, the health and environmental effects of high exposure can hinder market growth.
  • Using bio-derived ethylene over petro-based ethylene for production can act as an opportunity for the market studied.
  • The Asia-Pacific region is expected to witness the highest market share and fastest growth during the forecast period.

Ethylene Oxide Industry Overview

The ethylene oxide market is partially consolidated in nature. Some of the key players in the market include Shell plc, China Petrochemical Corporation, Dow, SABIC, and BASF SE (not in any particular order). 

Ethylene Oxide Market Leaders

  1. BASF SE

  2. SABIC

  3. Dow

  4. Shell plc

  5. China Petrochemical Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Ethylene Oxide Market Concentration
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Ethylene Oxide Market News

  • In April 2022: BASF SE and China Petrochemical Corporation announced the expansion of their Verbund site located in China operated by BASF-YPC Co., Ltd. It is a 50-50 joint venture of both companies in Nanjing. The expansion will focus on increasing the capacities of many downstream chemicals, including ethanolamines which are the derivatives of ethylene oxide.
  • In January 2022: ExxonMobil and SABIC announced the successful startup of Gulf Coast Growth Ventures' world-scale manufacturing facility in San Patricio County, Texas. The new facility operation includes a mono-ethylene glycol (a derivative of ethylene oxide) unit. The capacity of the plant will be 1.1 million metric tons per year.

Ethylene Oxide Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Growing Usage of PET in the Food and Beverage Industry
    • 4.1.2 Increasing Demand for Household and Personal Care Products in the Developing Countries
  • 4.2 Restraints
    • 4.2.1 Health and Environmental Effects over High Exposure
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter Five Forces
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION (Market Size in Volume)

  • 5.1 Derivative
    • 5.1.1 Ethylene Glycols
    • 5.1.1.1 Monoethylene Glycol (MEG)
    • 5.1.1.2 Diethylene Glycol (DEG)
    • 5.1.1.3 Triethylene Glycol (TEG)
    • 5.1.2 Ethoxylates
    • 5.1.3 Ethanolamines
    • 5.1.4 Glycol Ethers
    • 5.1.5 Polyethylene Glycol
    • 5.1.6 Other Derivatives
  • 5.2 End-user Industry
    • 5.2.1 Automotive
    • 5.2.2 Agrochemicals
    • 5.2.3 Food and Beverage
    • 5.2.4 Textile
    • 5.2.5 Personal Care
    • 5.2.6 Pharmaceuticals
    • 5.2.7 Detergents
    • 5.2.8 Other End-user Industries
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 Italy
    • 5.3.3.4 France
    • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 BASF SE
    • 6.4.2 China Petrochemical Corporation
    • 6.4.3 Clariant
    • 6.4.4 Dow
    • 6.4.5 India Glycols Limited.
    • 6.4.6 INEOS
    • 6.4.7 LOTTE Chemical Corporation.
    • 6.4.8 LyondellBasell Industries Holdings B.V.
    • 6.4.9 NIPPON SHOKUBAI CO., LTD.
    • 6.4.10 Reliance Industries Limited.
    • 6.4.11 Shell plc
    • 6.4.12 SABIC
    • 6.4.13 Sasol
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Usage of Bio-derived Ethylene over Petro-based Ethylene for Production
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Ethylene Oxide Industry Segmentation

Ethylene oxide is produced from ethylene, majorly by direct oxidation. Ethylene is primarily produced from petrochemical-based raw materials, such as naptha, ethane, and propane, which are obtained from the distillation of crude oil. The market is segmented on the basis of derivative, end-user industry, and geography. By derivative, the market is segmented into ethylene glycols, ethoxylates, ethanolamines, glycol ethers, polyethylene glycol, and other derivatives. By end-user industry, the market is segmented into automotive, agrochemicals, food and beverage, textile, personal care, pharmaceuticals, detergents, and other end-user industries. The report also covers the market size and forecasts for ethylene oxide in 15 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of volume (kilotons).

Derivative Ethylene Glycols Monoethylene Glycol (MEG)
Diethylene Glycol (DEG)
Triethylene Glycol (TEG)
Ethoxylates
Ethanolamines
Glycol Ethers
Polyethylene Glycol
Other Derivatives
End-user Industry Automotive
Agrochemicals
Food and Beverage
Textile
Personal Care
Pharmaceuticals
Detergents
Other End-user Industries
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
Italy
France
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Ethylene Oxide Market Research FAQs

What is the current Ethylene Oxide Market size?

The Ethylene Oxide Market is projected to register a CAGR of greater than 3% during the forecast period (2025-2030)

Who are the key players in Ethylene Oxide Market?

BASF SE, SABIC, Dow, Shell plc and China Petrochemical Corporation are the major companies operating in the Ethylene Oxide Market.

Which is the fastest growing region in Ethylene Oxide Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Ethylene Oxide Market?

In 2025, the Asia Pacific accounts for the largest market share in Ethylene Oxide Market.

What years does this Ethylene Oxide Market cover?

The report covers the Ethylene Oxide Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Ethylene Oxide Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Ethylene Oxide Industry Report

The global ethylene oxide market is on a significant growth trajectory, fueled by increasing demand across diverse applications and end-use sectors such as chemical processing, healthcare, food and beverages, and the automotive industry. As a key component in producing glycol ethers, acrylonitrile, ethoxylates, and ethanolamines, ethylene oxide's role is particularly vital in healthcare sterilization. The market's expansion is driven by the rising demand for packaged food and beverages, necessitating PET resins, and a growing consciousness about plastic waste management. Additionally, the need for detergents and laundry softeners in both household and industrial settings is propelling the market forward. With the Asia-Pacific region experiencing substantial market share and rapid growth due to its booming textile, automotive, and packaging industries, ethylene oxide's importance in the global market is increasingly solidified. Manufacturers are at the forefront, ensuring a steady supply to meet the market's diverse needs. This growth is set to continue, spurred by technological innovations, research and development, and the adoption of advanced technologies. For detailed market insights, including statistics on market share, size, and revenue growth rate, Mordor Intelligence™ Industry Reports offer a comprehensive analysis and forecast outlook, available as a free report PDF download.