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Direct oxidation of ethylene at room temperature produces ethylene oxide, which is the fundamental raw material for the production of ethylene glycol. As per the Earth Day Network, 50 billion water bottles are purchased by Americans each year and 2016 recorded a sale of 480 billion plastic bottles globally, an upsurge by 300 billion from the prior decade.[1] Plastic being an inevitable associate of the flexible packaging industry has disrupted the global ethylene oxide market and ethylene glycol market as ethylene oxide is the principal element employed in the manufacturing of ethylene glycol via thermal hydration, which again is significantly used in the production of polyethylene terephthalate (PET) resin. With opportunities growing on a day to day to basis from downstream sectors such as flexible packaging and F&B packaging, textiles, healthcare and automotive, ethylene oxide market and ethylene glycol market size is estimated to be $28 billion as of 2018. Request Sample Globa...