Over the course of the forecast period, the derivative ethylene market is anticipated to increase at the fastest rate. The raw material ethylene oxide is utilised in the production of ethylene glycol. The production of polyester fibres for textile uses, PET resins for bottles and polyester film, and numerous antifreeze applications all employ different monoethylene glycol (MEG) molecules. Ethoxylates, which are primarily used in kitchen cleaners, shampoos, and other products, glycol ethers, which are primarily used in fuels, solvents, and other products, and ethanolamines, which are used in personal care products, surfactants, and other products, are some other ethylene oxide derivatives.
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