The main factor of Ethylene Market growth is the implementation of strict government regulations relating to ethylene production and use. Due to its combustible nature and cancer-causing properties, usage of ethylene is likely to be subject to strict regulations, which could affect market revenue growth. Furthermore, several nations are enacting environmental protection laws, which will probably put pressure on the businesses producing hydrocarbon-based gas. For instance, the recent example of strict regulation relates to the ethylene derivative ethylene oxide (EtO).
The gas known as ethylene oxide (EtO) is colourless, flammable, and has a slight ether-like smell. The gas is primarily used as a chemical intermediate in the synthesis of ethylene glycol (antifreeze), textiles, polyurethane foam, solvents, detergents, medications, adhesives, and other products.
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