The Ethylene Oxide market is critical in the production of chemicals used in various industries, including healthcare, where it serves as a sterilizing agent for medical equipment. Ethylene oxide is also a key component in manufacturing ethylene glycol, used in antifreeze and polyester. However, due to its carcinogenic nature, the market is under regulatory scrutiny, driving research into safer alternatives and more efficient production processes. The demand for ethylene oxide remains robust, driven by its widespread industrial applications, particularly in the growing healthcare sector.
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