The Europe Ethylene Oxide Market would witness market growth of 4.3% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 3,022.7 Kilo Tonnes, showcasing a growth of 1.7% (2019-2022).
The demand for ethylene oxide is closely tied to the performance of industries that use its derivatives. For example, the automotive and construction industries use ethylene oxide-derived products to manufacture antifreeze, brake fluids, and insulation materials. The healthcare industry uses it for sterilization of medical equipment. The market has experienced steady growth over the years. This growth has been driven by its extensive use in various industries, including petrochemicals, textiles, healthcare, and automotive. Ethylene oxide is a critical chemical for sterilizing medical equipment and supplies. The demand for healthcare services and medical devices has been steadily increasing, contributing to the growth of the market. Ethylene oxide derivatives, such as ethoxylates, produce detergents, personal care products, and surfactants. As consumer preferences for cleaning and personal care products evolve, the demand for these derivatives has also grown.
Ethylene oxide (EO) is a key raw material for producing polyethylene glycols (PEGs), which find applications in pharmaceuticals, cosmetics, and food. The growth of these industries has boosted the demand for PEGs and, in turn, ethylene oxide. Ethylene oxide produces antifreeze and brake fluids in the automotive industry. It is also used to produce insulation materials for the construction sector. The growth in these industries has a positive impact on ethylene oxide demand.
The growth of the petrochemical sector in the UK is closely linked to economic development, industrial expansion, and international trade. As the demand for petrochemical products continues to rise, so does the demand for EO and its derivatives, making them essential components of the UK's chemical industry. The sector's emphasis on innovation and sustainability may also lead to the development of greener and more environmentally friendly petrochemical products in the future.
The textile industry in France is known for its high-quality fabrics, fashion, and technical textiles. As it continues to evolve and adapt to changing consumer preferences and sustainability requirements, there is an ongoing need for innovative textile processing techniques and products to enhance textiles' quality, durability, and sustainability. EO and its derivatives remain essential in meeting these demands, making them integral components of France's textile industry's supply chain. Additionally, adopting eco-friendly and sustainable practices in the textile sector may lead to the developing of greener alternatives to traditional EO-based processes, which in turn will aid in the expansion of the market.
The Germany market dominated the Europe Ethylene Oxide Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,097.4 million by 2030. The UK market is experiencing a CAGR of 3.5% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 5.1% during (2023 - 2030).
Based on Application, the market is segmented into Ethylene Glycol, Ethoxylates, Ethanolamines, Polyols, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Ethylene Oxide Market will Hit $48.2 Billion by 2030, at a CAGR of 4.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Akzo Nobel N.V., BASF SE, Shell plc, Clariant AG, The Dow Chemical Company (Dow Corning Ltd.), Exxon Mobil Corporation, Formosa Plastics Group, LOTTE Chemical Corporation (LOTTE Corp.), Huntsman Corporation, and SABIC (Saudi Arabian Oil Company).
Scope of the Study
Market Segments Covered in the Report:
By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Ethylene Glycol
- Ethoxylates
- Ethanolamines
- Polyols
- Others
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Akzo Nobel N.V.
- BASF SE
- Shell plc
- Clariant AG
- The Dow Chemical Company (Dow Corning Ltd.)
- Exxon Mobil Corporation
- Formosa Plastics Group
- LOTTE Chemical Corporation (LOTTE Corp.)
- Huntsman Corporation
- SABIC (Saudi Arabian Oil Company)
TABLE 1 Europe Ethylene Oxide Market, 2019 - 2022, USD Million
TABLE 2 Europe Ethylene Oxide Market, 2023 - 2030, USD Million
TABLE 3 Europe Ethylene Oxide Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Europe Ethylene Oxide Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Europe Ethylene Oxide Market by Application, 2019 - 2022, USD Million
TABLE 6 Europe Ethylene Oxide Market by Application, 2023 - 2030, USD Million
TABLE 7 Europe Ethylene Oxide Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 Europe Ethylene Oxide Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 Europe Ethylene Glycol Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Ethylene Glycol Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Ethylene Glycol Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Europe Ethylene Glycol Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Europe Ethoxylates Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Ethoxylates Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Ethoxylates Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Europe Ethoxylates Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Europe Ethanolamines Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Ethanolamines Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Ethanolamines Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Europe Ethanolamines Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Europe Polyols Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Polyols Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Polyols Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Europe Polyols Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Europe Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Europe Ethylene Oxide Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Ethylene Oxide Market by Country, 2023 - 2030, USD Million
TABLE 31 Europe Ethylene Oxide Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Europe Ethylene Oxide Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Germany Ethylene Oxide Market, 2019 - 2022, USD Million
TABLE 34 Germany Ethylene Oxide Market, 2023 - 2030, USD Million
TABLE 35 Germany Ethylene Oxide Market, 2019 - 2022, Kilo Tonnes
TABLE 36 Germany Ethylene Oxide Market, 2023 - 2030, Kilo Tonnes
TABLE 37 Germany Ethylene Oxide Market by Application, 2019 - 2022, USD Million
TABLE 38 Germany Ethylene Oxide Market by Application, 2023 - 2030, USD Million
TABLE 39 Germany Ethylene Oxide Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 40 Germany Ethylene Oxide Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 41 UK Ethylene Oxide Market, 2019 - 2022, USD Million
TABLE 42 UK Ethylene Oxide Market, 2023 - 2030, USD Million
TABLE 43 UK Ethylene Oxide Market, 2019 - 2022, Kilo Tonnes
TABLE 44 UK Ethylene Oxide Market, 2023 - 2030, Kilo Tonnes
TABLE 45 UK Ethylene Oxide Market by Application, 2019 - 2022, USD Million
TABLE 46 UK Ethylene Oxide Market by Application, 2023 - 2030, USD Million
TABLE 47 UK Ethylene Oxide Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 48 UK Ethylene Oxide Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 49 France Ethylene Oxide Market, 2019 - 2022, USD Million
TABLE 50 France Ethylene Oxide Market, 2023 - 2030, USD Million
TABLE 51 France Ethylene Oxide Market, 2019 - 2022, Kilo Tonnes
TABLE 52 France Ethylene Oxide Market, 2023 - 2030, Kilo Tonnes
TABLE 53 France Ethylene Oxide Market by Application, 2019 - 2022, USD Million
TABLE 54 France Ethylene Oxide Market by Application, 2023 - 2030, USD Million
TABLE 55 France Ethylene Oxide Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 56 France Ethylene Oxide Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 57 Russia Ethylene Oxide Market, 2019 - 2022, USD Million
TABLE 58 Russia Ethylene Oxide Market, 2023 - 2030, USD Million
TABLE 59 Russia Ethylene Oxide Market, 2019 - 2022, Kilo Tonnes
TABLE 60 Russia Ethylene Oxide Market, 2023 - 2030, Kilo Tonnes
TABLE 61 Russia Ethylene Oxide Market by Application, 2019 - 2022, USD Million
TABLE 62 Russia Ethylene Oxide Market by Application, 2023 - 2030, USD Million
TABLE 63 Russia Ethylene Oxide Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 64 Russia Ethylene Oxide Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 65 Spain Ethylene Oxide Market, 2019 - 2022, USD Million
TABLE 66 Spain Ethylene Oxide Market, 2023 - 2030, USD Million
TABLE 67 Spain Ethylene Oxide Market, 2019 - 2022, Kilo Tonnes
TABLE 68 Spain Ethylene Oxide Market, 2023 - 2030, Kilo Tonnes
TABLE 69 Spain Ethylene Oxide Market by Application, 2019 - 2022, USD Million
TABLE 70 Spain Ethylene Oxide Market by Application, 2023 - 2030, USD Million
TABLE 71 Spain Ethylene Oxide Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 72 Spain Ethylene Oxide Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 73 Italy Ethylene Oxide Market, 2019 - 2022, USD Million
TABLE 74 Italy Ethylene Oxide Market, 2023 - 2030, USD Million
TABLE 75 Italy Ethylene Oxide Market, 2019 - 2022, Kilo Tonnes
TABLE 76 Italy Ethylene Oxide Market, 2023 - 2030, Kilo Tonnes
TABLE 77 Italy Ethylene Oxide Market by Application, 2019 - 2022, USD Million
TABLE 78 Italy Ethylene Oxide Market by Application, 2023 - 2030, USD Million
TABLE 79 Italy Ethylene Oxide Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 80 Italy Ethylene Oxide Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 81 Rest of Europe Ethylene Oxide Market, 2019 - 2022, USD Million
TABLE 82 Rest of Europe Ethylene Oxide Market, 2023 - 2030, USD Million
TABLE 83 Rest of Europe Ethylene Oxide Market, 2019 - 2022, Kilo Tonnes
TABLE 84 Rest of Europe Ethylene Oxide Market, 2023 - 2030, Kilo Tonnes
TABLE 85 Rest of Europe Ethylene Oxide Market by Application, 2019 - 2022, USD Million
TABLE 86 Rest of Europe Ethylene Oxide Market by Application, 2023 - 2030, USD Million
TABLE 87 Rest of Europe Ethylene Oxide Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 88 Rest of Europe Ethylene Oxide Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 89 Key Information – Akzo Nobel N.V.
TABLE 90 Key Information – Exxon Mobil Corporation
TABLE 91 Key Information – Formosa Plastics Group
TABLE 92 Key Information – Lotte Chemical Corporation
TABLE 93 Key Information – BASF SE
TABLE 94 Key Information – Shell plc
TABLE 95 Key Information – Huntsman Corporation
TABLE 96 Key Information – Clariant AG
TABLE 97 Key Information – The Dow Chemical Company
TABLE 98 Key Information – SABIC
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Ethylene Oxide Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Ethylene Oxide Market
FIG 4 Porter’s Five Forces Analysis – Ethylene Oxide Market
FIG 5 Europe Ethylene Oxide Market share by Application, 2022
FIG 6 Europe Ethylene Oxide Market share by Application, 2030
FIG 7 Europe Ethylene Oxide Market by Application, 2019 - 2030, USD Million
FIG 8 Europe Ethylene Oxide Market share by Country, 2022
FIG 9 Europe Ethylene Oxide Market share by Country, 2030
FIG 10 Europe Ethylene Oxide Market by Country, 2019 - 2030, USD Million
FIG 11 SWOT Analysis: Akzo Nobel N.V.
FIG 12 SWOT Analysis: Exxon Mobil Corporation
FIG 13 SWOT Analysis: BASF SE
FIG 14 SWOT Analysis: Shell plc
FIG 15 Recent strategies and developments: Clariant AG
FIG 16 SWOT Analysis: Clariant AG
FIG 17 SWOT Analysis: The Dow Chemical Company
FIG 18 SWOT Analysis: SABIC