Ethylene Oxide Market Size, Growth, Analysis and Forecast 2030

Chemanalyst06 Oct, 2022Business

According to ChemAnalyst report, ?Ethylene Oxide Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Market Analysis, 2015-2030?, The Ethylene Oxide market has witnessed significant growth as it reached 22.45 million tonnes in 2020 and is anticipated to achieve a healthy CAGR of 4.60% during the forecast period until 2030. Continuously growing demand for Ethylene Oxide due to its vast applications by the major end-use industries including pharmaceutical, automotive, agrochemicals, textile, and others is likely to boost the Ethylene Oxide market globally over the next ten years. The hazardous effects of Ethylene Oxide on human health due to its highly flammable and reactive nature can hamper the Ethylene Oxide market across the globe in upcoming years.