Ethylene Oxide Industry 2017 Market Trends and Competitive Ethylene Oxide Industry: 2017 Global Market Size | Page 3

Global and China Ethylene Oxide Industry Report,
2017-2021
In recent years, the development of China’s EO industry characterizes the following:
1, Commercial EO accounts for a higher proportion
In 2016, China's commercial EO (not used for glycol) capacity accounted for 56.9% of the total EO
capacity, up 20.2 percentage points from 2010, mainly because:
1) China mainly exploited EO for the production of glycol in early time, while it has altered or built
commercial EO-based capacity in recent years;
2) The demand of polyether-based superplasticizer for EO grew rapidly.
2, The market monopoly is gradually broken
Before 2010, more than 70% of China’s EO capacity concentrated in Sinopec and PetroChina. In recent
years, the market share of these two tycoons has been gradually squeezed by private enterprises,
foreign-funded enterprises and military enterprises. In 2016, the capacity contribution of Sinopec and
PetroChina fell to about 50%.
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