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Ethylene oxide is a chemical compound with the formula C2H4O. At normal temperature and pressure, it is a combustible, colourless gas with a somewhat pleasant odour. It is a highly reactive molecule that quickly polymerizes and reacts with other compounds.
Owing to its capacity to destroy bacteria, viruses, and fungi, ethylene oxide is often used as a sterilising agent for medical equipment and supplies. It is also utilised in the manufacture of a variety of chemicals and goods such as antifreeze, detergents, solvents, and polymers.
However, ethylene oxide is a dangerous and carcinogenic chemical that can cause health concerns if inhaled. Due to these health hazards, sufficient care must be taken while handling and employing ethylene oxide in business and medicine.
Request for Real-Time Ethylene Oxide Prices: https://procurementresource.com/resource-center/ethylene-oxide-price-trends/pricerequest
Germany, Netherlands, France, Belgium, and Spain are the top ethylene oxide-producing countries across the globe.
Key Details About the Ethylene Oxide Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Ethylene Oxide price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The ethylene oxide price chart, including India’s Ethylene Oxide price, the USA’s Ethylene Oxide price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Ethylene Oxide Price Trend:
It is used to make a variety of chemicals and goods, including ethylene glycol (used in antifreeze), detergents, solvents, polymers, and textile fibres. It is also utilised in the synthesis of other organic molecules as a chemical intermediary.
It is used in agriculture as a fumigant to manage pests and insects in stored grains, nuts, and seeds. It is also used to sterilise agricultural implements and equipment.
It is utilised as a sterilising agent in personal care goods such as cosmetics and food packaging materials. It is also used in personal care products as a surfactant to increase their capacity to dissolve oils and other substances.
It is used to make a variety of medications, including antibiotics, analgesics, and antihistamines
Key Players:
- Shell Chemical Company (Royal Dutch Shell Plc)
- LyondellBasell Industries NV
- BASF SE
- Linde AG
Recent News and Development
- April 04, 2023: Ethylene and ethylene oxide prices are expected to rise in tandem with the anticipated rise in crude oil prices.
About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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