Ethylene Oxide Industry 2017 Market Trends and Competitive Ethylene Oxide Industry: 2017 Global Market Size | Page 2

Global and China Ethylene Oxide Industry Report,
2017-2021
Introduction:
Ethylene oxide (EO) is one of the major derivatives of the ethylene industry. Featured with special
reactivity, it can generate a series of fine chemical products for a wide range of applications.
In 2016, the global EO capacity was 34.5 million tons / a, with the CAGR of 4.3% in 2011-2016. It is
estimated to grow at the annual average growth rate of around 2.0% in 2017-2021, lower than that in
previous years because of overcapacity and the slowdown of downstream demand growth.
China is a leading EO supplier in the world, with the EO capacity of 7.43 million tons / a in 2016
(21.5% of the world's total) and the CAGR of 15.0% in 2011-2016, making it become the main driving
force for the global EO capacity growth. Due to overcapacity and falling prices, the capacity growth
has slowed down in the past two years sign ificantly; the capacity is expected to hit 8 million tons / a
in 2017 and 9.5 million tons / a in 2021.