Alkylene Oxides and Glycols Market Size

  • Report ID: 3841
  • Published Date: Mar 02, 2023
  • Report Format: PDF, PPT

Alkylene Oxides and Glycols Market Size

Alkylene Oxides And Glycols Market size is projected to cross by the end of 2035, growing at a CAGR of 5% during the forecast period, i.e., 2023-2035. The growth of the market can be attributed to the rising consumer demand for superiorly packaged food around the globe. As customers become increasingly concerned about their own environmental footprint and the impact of the entire food chain, sustainable packaging has become a primary issue. According to recent data, more than half (54%) of consumers in Europe, North America, and South America take sustainable packaging into consideration when selecting a product.

In addition to these, factors that are believed to fuel the market growth of alkylene oxides and glycols include increasing usage of alkylene oxides and glycols in polyester film and fiber production, that help the market continue to expand during the projected period. A polyester film is manufactured from a polymer with terephthalnoyl, isosorbide, and ethylene glycol moieties. Further, the polyester film is used to create products including insulators, capacitors, labels, films, and lacquers. Additionally, for polyester and polyethylene terephthalate (PET) polymer, Mono-ethylene glycol (MEG) MEG is a key raw ingredient, which is a flexible chemical that gets along well with water and many organic materials


Alkylene-Oxides-and-Glycols-Market-scope
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Author Credits:  Rajrani Baghel


  • Report ID: 3841
  • Published Date: Mar 02, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing usage of PET bottles, and rising sales of automobiles around the world are the major factors driving the market growth.

The market is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2023-2035.

High Toxic Content of Alkylene Oxides and Glycols are estimated to be the growth hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Akzonobel N.V., BASF SE, China Petroleum & Chemical Corporation, Clariant AG, ExxonMobil Corporation, and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by alkylene type, end use, and by region.

The ethylene segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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