Global Ethylene Oxide Market Trends and Opportunities 2023-2028: The Rise of Bio-Derived Ethylene
The global ethylene oxide market is projected to grow at a CAGR of over 3% during the forecast period, driven by factors such as increased usage of PET in the food and beverage industry, rising demand for household and personal care products, and growing need for antifreeze agents. The market experienced negative impacts from COVID-19 in 2020 but rebounded in 2021 and is expected to grow moderately in the years ahead, with Asia-Pacific leading in market share and growth.