Ethylene oxide is also known as oxirane which is
an organic compound.It’s a colorless and flammable gas. Ethylene oxide is
widely used across various industries for production of solvents, detergents,
adhesives, antifreeze, textiles, and pharmaceuticals. Ethylene oxideis also
present in sterility for cosmetics and spices, fumigants, in hospitals for
sterility of surgical equipment, etc. Growing demand for PET resins and
polyester fibers is expected to drive the global market for ethylene oxide over
the forecast period. Ethylene oxide is also used in food and beverages and
textile industries. Polyester fibers are extensively used in coated fabrics, seat
belts, conveyor belt fabrics, etc. whereas; PET resins are extensively used for
the manufacturing of bottles and containers in the food and beverages industry.
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With every PET bottle produced, ethylene oxide is
used. With the increase in demand for PET bottles in every company and is also
preferred by the end users, simultaneously the demand for Ethylene oxide is
increasing. Another driver includes the increasing demand for antifreeze in
automobile industries; antifreeze is used to lower the freezing point of water
based liquid in the vehicles. The restraints which are restricting the
growth of ethylene oxide in the global market is the fluctuations in crude oil
prices in the market; which is very important raw material for ethylene oxide
and also the governing issues. The demand for non-ionic surfactants is
increasing and becoming an opportunity for increase in demand for ethylene
oxides globally.
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There has beena rapid increase in demand of ethylene oxide in the market.
The applications of ethylene oxide are widely diversified into various areas of
use. Various applications of ethylene oxide analyzed in this report include
monoethylene glycol, ethoxylates, ethanolamine, diethylene & triethylene,
polyols, polyethylene, etc. Monoethylene glycol is more widely used in areas
such as for the production of films, bottles, polyester fibers, also used
asantifreeze liquid in automobile industry, heat transfer liquids, etc.
Monoethylene glycol segment dominates the overall ethylene oxide market in 2013
and the same is expected to be growing at a significant rate over the forecast
period.Diethylene & Triethyleneare applied in the process of gas drying and
also used as solvents for softeners for glue, cork and paper. Ethanolamine is a
chemical; majorly applied in textile industry, their applications also includes
areas such as soaps, cosmetics, natural gas purification and detergents.
Polyethylene are used in the preparation of pharmaceutical ointments,
cosmetics, lubricants used for textile finishing, solvents for drugs and
paints, and plasticizers for printing inks and adhesives.
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