Ethylene Oxide and Ethylene Glycol Market Size, Share, Global Insights, Analysis and Outlook, Emerging Trends and Research Report by Market Reports Center

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Ethylene Oxide and Ethylene Glycol Market Size, Share, Global
Insights, Analysis and Outlook, Emerging Trends and Research Report
by Market Reports Center
Summary
Technavio Announces the Publication of its Research Report – Global Ethylene Oxide and Ethylene
Glycol Market 2016-2020
Technavio recognizes the following companies as the key players in the global ethylene oxide and
ethylene glycol market: BASF, DOW, Huntsman, Shell, and SABIC.
Other Prominent Vendors in the market are: AkzoNobel, Farsa Chemical, Formosa Plastics, Ineos
Oxide, LyondellBasell Industries, Reliance Industries, and Sinopec.
Commenting on the report, an analyst from Technavio’ s team said: “ Major vendors developing
feedstock flexibility will be a trend for market growth. Prominent vendors in the market are investing
significantly in the expansion of their ethylene capacities to benefit from the abundant and
inexpensive natural gas liquids feedstock in different regions. International oil and gas companies
are also investing in the development of infrastructure to export the natural gas feedstock. The
increased production capacity and the low cost of ethylene production can cause an oversupply of
ethylene in the market, thereby reducing the prices. Feedstock selection depends on the availability
and pricing of the feeds; lower feed cost boosts profitability. The flexibility of the feedstock will allow
plants to switch partially to oil-based or gas-based feeds.”
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According to the report, growing demand for antifreeze agents in automobile sector will be a driver
leading to market growth. Increasing industrialization, development of infrastructure, and changing
lifestyles in emerging economies are increasing the demand for antifreeze agents in the market. The
antifreeze agents market in India is anticipated to grow at 6% over the forecast period due to the
growth in the automobile and oil sectors. The global automotive antifreeze agents market is
projected to post a CAGR of 6.19% between 2015 and 2020 to reach $720 million in 2020.
Further, the report states that shortage of raw materials will be a challenge for the market. Natural
gas and crude oil are the prime raw materials for the production of ethylene glycol. Their availability
and supply are crucial for the smooth production of ethylene glycol products. The market is facing a
shortage of raw materials, which will affect the demand and supply of ethylene glycol in the market.
This is due to constant fluctuations in the prices of crude oil, which is essential in the production of
ethylene glycol.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market
and vendor landscape in addition to a SWOT analysis of the key vendors.
About Ethylene Oxide and Ethylene Glycol
Ethylene oxide is a chemically reactive material. It is used for manufacturing ethylene glycols, glycol
ethers, ethanolamines, surface-active agents, and polyether polyols. Ethylene glycol is a clear,
viscous, versatile organic compound that is a hydroscopic liquid at room temperature. It is used in
the manufacture of polyester films, fibers and PET resins, and antifreeze agent for water-based
coolants.
Technavio’ s analysts forecast the global ethylene oxide and ethylene glycol market to grow at a
CAGR of 5.82% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global ethylene oxide and
ethylene glycol market for 2016-2020. To calculate the market size, the report considers the revenue
generated from several applications of ethylene oxide and ethylene glycol in different end-user
segments.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
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Technavio's report, Global Ethylene Oxide and Ethylene Glycol Market 2016-2020, has been
prepared based on an in-depth market analysis with inputs from industry experts. The report covers
the market landscape and its growth prospects over the coming years. The report also includes a
discussion of the key vendors operating in this market.
Key vendors
• BASF
• DOW
• Huntsman
• Shell
• SABIC
Other prominent vendors
• AkzoNobel
• Farsa Chemical
• Formosa Plastics
• Ineos Oxide
• LyondellBasell Industries
• Reliance Industries
• Sinopec
Market driver
• Growing demand for antifreeze agents in automobile sector
• For a full, detailed list, view our report
Market challenge
• Environmental and health-related concerns
• For a full, detailed list, view our report
Market trend
• Major vendors developing feedstock flexibility
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
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• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’ s time when you purchase this market report. Details
are provided within the report.
To Get Discount On The Report @ https://marketreportscenter.com/request-discount/344143
Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
[email protected]

According to the report, growing demand for antifreeze agents in automobile sector will be a driver leading to market growth. Increasing industrialization, development of infrastructure, and changing lifestyles in emerging economies are increasing the demand for antifreeze agents in the market. The antifreeze agents market in India is anticipated to grow at 6% over the forecast period due to the growth in the automobile and oil sectors. The global automotive antifreeze agents market is projected to post a CAGR of 6.19% between 2015 and 2020 to reach $720 million in 2020.