Ethylene Oxide and Ethylene Glycol Market Size, Share, Growth and Analysis

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.”

Browse full report with TOC@ https://marketreportscenter.com/reports/344143/global-ethylene-oxide-and-ethylene-glycol-market-2016-2020

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