Ethylene Oxide (eo) And Ethylene Glycol (eg) Markets To 2020 - Asian Polyester Fibre And Resin Deman

Global EO market has been growing at a CAGR of 4.4% from the year 2000 to 2009

. It is

forecasted to grow at a CAGR of 4.5% from the year 2009 to 2020. Global demand for EO is expected to grow from 19.946 million tons in the year 2009 to 32.437 million tons in the year 2020. Global demand for EG has been increasing at a CAGR of 6.9% from the year 2000 to 2009. It is expected to grow at a CAGR of 5.5% from the year 2009 to 2020. Global demand for EG is expected to grow from 18.926 million tons in the year 2009 to 34.088 million tons in the year 2020.

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Asia is the largest consumer of both EO and EG in the world. Demand in Asia is largely driven by China. Demand in China is largest as compared to any other country of the world. Share of Asia in Global demand foe EO was 35% in the year 2009. North America was second largest region with a share of 24%. Share of Asia in Global EG demand in the year 2009 was 63%. North America had the second largest demand at 20%.

About 85% of the EG produced in Asia goes into production of PET which is used to prepare polyester fibre and PET resin. Demand in Asia is driven by China and India. China has a high per capita consumption of polyester fibre. Per capita consumption of polyester fibre in India is low but it is growing at a very fast pace. Also, China and India are worlds fastest growing economies in terms of GDP. This is helping in the growth of packaging applications of PET.

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GBI Researchs new report, Ethylene Oxide (EO) and Ethylene Glycol (EG) Markets to 2020 -Asian Polyester Fibre and Resin Demand Leading the Global Market, provides an in-depth analysis of the global Ethylene Oxide (EO) and Ethylene Glycol (EG) industry. The research presents detailed analysis and forecasts of the major economic and market trends affecting the EO & EG markets in major regions of the world. The report contains demand, production analysis and forecasts, drivers and restraints, end use analysis and forecasts and a capacity share analysis of the major producers in all the regions of the world. In addition, it includes demand and production forecasts for the major countries in all geographies. Overall, the report presents a comprehensive analysis of the global EO & EG market covering all the major parameters.

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by: GBI Research

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