Why did the Ethylene Oxide Price Change in July 2025? For Q2 2025, the Ethylene Oxide Price Index averaged +0.5%, on an FOB US Gulf basis. Prices remained mostly stable and settled near USD 912/MT by end of June, supported by stable contract trades.

Get the latest insights on price movement and trend analysis of Ethylene Oxide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

In Q1 2025, the North American ethylene oxide market experienced a dynamic shift, beginning with a phase of stability in January. Early in the quarter, steady feedstock availability and balanced supply-demand conditions supported consistent production levels. Key downstream sectors such as automotive, textiles, and detergents maintained stable demand, while interest in mono ethylene glycol (MEG) and polytetramethylene ether glycol (PTMEG) provided mild upward momentum.

Explore the dynamic factors influencing ethylene oxide prices, including supply and demand, crude oil fluctuations, regulatory impacts, and trade policies. Understand how global trends and localized events affect costs and discover strategies for navigating market volatility in the chemical industry.

In 2023, ethylene oxide exports from the United States skyrocketed to 2.1K tons, growing by 90% compared with the previous year.

Explore the 2023 factors affecting ethylene oxide pricing, including supply-demand dynamics, raw material costs, geopolitical issues, and sustainability initiatives affecting this vital chemical intermediary.

Snapshot img

The ethylene oxide and ethylene glycol market has the potential to grow by USD 19.55 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.89%.

This ethylene oxide and ethylene glycol market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (ethylene oxide and ethylene glycol) and geography (APAC, Europe, North America, MEA, and South America). The ethylene oxide and ethylene glycol market report also offers information on several market vendors, including BASF SE, Dow Inc., Formosa Plastics Corp., INEOS Group Holdings SA, LG Electronics Inc., LyondellBasell Industries NV, Reliance Industries Ltd., Royal Dutch Shell Plc, and Saudi Basic Industries Corp. among others.

What will the Ethylene Oxide and Ethylene Glycol Market Size be in 2021?

Browse TOC and LoE with selected illustrations and example pages of Ethylene Oxide and Ethylene Glycol Market

Get Your FREE Sample Now!

Ethylene Oxide and Ethylene Glycol Market: Key Drivers and Trends

The developments in end-user industries are notably driving the ethylene oxide and ethylene glycol market growth, although factors such as fluctuation in prices of raw materials may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the ethylene oxide and ethylene glycol industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This ethylene oxide and ethylene glycol market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Ethylene Oxide and Ethylene Glycol Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

BASF SE
Dow Inc.
Formosa Plastics Corp.
INEOS Group Holdings SA
LG Electronics Inc.
LyondellBasell Industries NV
Reliance Industries Ltd.
Royal Dutch Shell Plc
Saudi Basic Industries Corp.

The vendor landscape of the ethylene oxide and ethylene glycol market entails successful business strategies deployed by the vendors. The ethylene oxide and ethylene glycol market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the ethylene oxide and ethylene glycol market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Ethylene Oxide and Ethylene Glycol Market?

For more insights on the market share of various regions Request for a FREE sample now!

46% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for ethylene oxide and ethylene glycol in APAC.

The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The surge in demand for PET packaging will facilitate the ethylene oxide and ethylene glycol market growth in APAC over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Product Segments in the Ethylene Oxide and Ethylene Glycol Market?

To gain further insights on the market contribution of various segments Request for a FREE sample

The ethylene oxide and ethylene glycol market share growth by the ethylene oxide segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the ethylene oxide and ethylene glycol market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment,

¿Por qué cambió el precio del óxido de etileno en julio de 2025? Para el segundo trimestre de 2025, el índice de precios del óxido de etileno se situó en promedio en un +0,5%, sobre la base del Golfo de EE.UU. Los precios permanecieron en su mayor parte estables y se establecieron cerca de USD 912/MT a finales de junio, apoyados por operaciones estables contractuales.

The global Ethylene Oxide Market Size is anticipated to grow from USD 32 billion in 2023 to USD 41.7 billion by 2034, with a projected CAGR of 3% from 2023-2034.

Get the latest insights on price movement and trend analysis of Ethylene Glycol in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Why did the Mono Ethylene Glycol Price Change in July 2025? North America Mono Ethylene Glycol (MEG) Spot Price declined during the Q2 2025, especially in the US market where it declined by 4.8%, settling at USD 460/MT FOB US Gulf in June.

The Kenyan ethylene oxide market surged to $62K in 2024, increasing by 34% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a resilient increase. Over the period under review, the market reached the peak level at $124K in 2014; however, from 2015 to 2024, consumption remained at a lower figure.

In Q1 2025, the North American Mono Ethylene Glycol (MEG) market followed a bullish trajectory, with prices rising steadily across the quarter. January saw a mid-month surge in MEG prices, driven by a sharp increase in Ethylene Oxide (EO) costs and unexpected supply disruptions caused by severe winter storms along the Gulf Coast, particularly impacting facilities in Texas. These disruptions limited production, tightening supply and pushing prices higher despite sluggish demand from the downstream PET sector. Strategic inventory management and restricted logistics further supported price stability.

Japan CGPI: Chem: IO: AI: Ethylene Oxide data was reported at 119.300 2005=100 in May 2012. This stayed constant from the previous number of 119.300 2005=100 for Apr 2012. Japan CGPI: Chem: IO: AI: Ethylene Oxide data is updated monthly, averaging 110.400 2005=100 from Jan 2005 (Median) to May 2012, with 89 observations. The data reached an all-time high of 136.300 2005=100 in Oct 2008 and a record low of 95.200 2005=100 in May 2009. Japan CGPI: Chem: IO: AI: Ethylene Oxide data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I112: Corporate Goods Price Index: 2005=100: Chemicals and Related Product.

In 2024, the Indian ethylene oxide market increased by 60% to $3.2M, rising for the second consecutive year after two years of decline. Overall, consumption, however, faced a abrupt shrinkage. Over the period under review, the market hit record highs at $14M in 2017; however, from 2018 to 2024, consumption remained at a lower figure.

What is covered in the report about the “Mexico Ethylene Oxide (EO) Industry”? Read More

3078 Global export shipment records of Ethylene Oxide with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Snapshot img

Ethylene Market Size 2025-2029

The ethylene market size is forecast to increase by USD 63.3 billion at a CAGR of 6.5% between 2024 and 2029.

The market is experiencing significant growth driven by the increasing demand for polyethylene products across various industries, including packaging, construction, and automotive. This trend is expected to continue as ethylene-derived plastics offer advantages such as durability, lightweight, and cost-effectiveness. However, market dynamics are influenced by the emergence of bio-ethylene, a sustainable alternative to traditional ethylene derived from fossil fuels. This shift towards renewable sources presents both opportunities and challenges for market participants.
On the one hand, bio-ethylene offers a more sustainable production process and potential cost savings through government incentives and carbon credits. On the other hand, the production of bio-ethylene is currently more expensive than traditional ethylene, and scaling up production remains a significant challenge. Additionally, volatility in raw material prices, particularly for natural gas and crude oil, continues to impact the market's profitability and strategic planning. Companies seeking to capitalize on market opportunities and navigate challenges effectively must stay informed of these trends and be agile in their business strategies.

What will be the Size of the Ethylene Market during the forecast period?

Request Free Sample

The market encompasses the production, trade, and application of ethylene, a colorless, flammable organic compound. Ethylene is a key petrochemical derivative and the primary building block for various ethylene-based derivatives, including polyethylene (PE), ethylene oxide, ethylene glycol, high-density polyethylene (HDPE), and low-density polyethylene (LDPE). These materials are widely used in various industries, including construction, flexible packaging, and the production of bio-based products, lightweight plastics, and market derivatives. The market size is substantial, driven by the increasing demand for ethylene-based derivatives in consumer goods, food, beverages, medications, and various industrial applications. The market's growth is influenced by factors such as the availability of shale oil output, which has led to increased ethylene production capacity.
Additionally, the shift towards sustainable and eco-friendly alternatives, such as bio-polyethylene, is gaining momentum due to growing concerns about carbon footprint and the need for improved barrier qualities in packaging materials. Overall, the market is expected to continue its strong growth trajectory, driven by the diverse applications and demand for ethylene-based derivatives in various industries.

How is this Ethylene Industry segmented?

The ethylene industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Feedstock

  Naphtha
  Ethane
  LPG
  Others


Application

  LDPE
  HDPE
  Ethylene oxide
  Vinyls
  Others


Packaging

  Automotive
  Building & Construction
  Agrochemical
  Textile
  Chemicals
  Others


Geography

  APAC

    China
    India
    Japan


  North America

    US
    Canada


  Middle East and Africa

    UAE


  Europe

    France
    Germany
    UK


  South America

    Brazil


  Rest of World (ROW)

By Feedstock Insights

The naphtha segment is estimated to witness significant growth during the forecast period. Ethylene is a colorless, flammable organic compound used extensively as a raw material in the production of various plastics and petrochemical derivatives. The largest source of ethylene is naphtha, which accounted for over half of the global ethylene production in 2024. However, the naphtha segment is expected to lose market share due to its energy-intensive production process, which results in significant carbon emissions. One kilogram of ethylene production emits approximately 1.8-2 kilograms of carbon dioxide. Europe and APAC are the leading regions in naphtha-based ethylene production. Ethylene is a key ingredient in the production of polyethylene, ethylene glycol, high-density polyethylene (HDPE), low-density polyethylene (LDPE), vinyl acetate, and various ethylene-based derivatives.

Get a glance at the market report of share of various segments Request Free Sample

The naphtha segment was valued at USD 56.00 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 42% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market size of various regions, R

163 Global export shipment records of Ethylene Oxide Gas with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

828 Global import shipment records of Ethylene Oxide Gas with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.