ethylene market size

Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach. Ethylene-vinyl Acetate [EVA] Infusion Bags Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030 - ResearchAndMarkets.com Easy processability of the plastic, comparatively low cost, ability to get recycled and versatility are some of the factors that have made polyethylene the preferred choice in many applications. Global ethylene market size was over USD 160 billion in 2015 and is foreseen to exceed USD 235 billion valuation by 2024. The global ethylene technology market size is expected to register a significant CAGR during the forecast period 2020 to 2027. They are used for wiring, tube, and pipes in the construction industry due to high chemical and UV resistance thus useful for outer applications. Moreover, the trend for lightweight automobiles is a factor that is further supporting the market size. The global ethylene market size was valued at USD 91.7 billion in 2018 and is estimated to grow at a CAGR of 6.2% from 2019 to 2026. By. Thus, the global ethylene glycol market is witnessing significant growth in this pandemic. key market insights Listen to Audio Version The global ethylene market size was USD 166,520 million in 2019 and is projected to reach USD 245,005 million by 2027, exhibiting a … Global Ethylene Historic Market, 2015 - 2019, $ Billion In addition to the factors mentioned above, the report encompasses various factors that have contributed to the growth of the market over recent years. All of the above factors are expected to contribute to the growth of the market. The Ethylene Glycol Solutions market is analysed and market size information is provided by regions (countries). What is the key factor driving the market? The global construction industry is being driven by strong performance of the sector in countries such as India, China and regions such as Middle East. Additionally, demand for luxury, industrial applications are also expected to grow and to drive the market. They are also used as container bottles for shampoo, laundry detergent, conditioner, and others due to their low chemical resistance. Ethylene is a petrochemical-derived monomer and finds use in countless end-use products including fibers, plastics and is a very useful addition in manufacturing organic chemicals. It is anticipated that the region will witness narrowing of price gap of ethylene between the regions of Northeast Asia and Southeast Asia. The global market is projected to register a CAGR of over 6% during the forecast period. The adoption of these bio-based substitutes can be attributed to the governmental regulations over environmental protection and preservation of resources. To analyze Ethylene Market concerning growth trends, prospects, and also their participation in the entire sector. We value them as a research company worthy of building long-term relationships.”, “Well done Fortune Business Insights! Research Corridor new comprehensive study on ethylene market offers in-depth analysis on industry trends, market size, competitive analysis and market forecast - 2020 to 2027. Asia Pacific emerged as the largest market in 2019 and this trend is expected to continue till the end of the forecast period. The aforementioned factors are supporting the market growth. Ethylene-Chlorotrifluoroethylene Copolymer Market Size. Data collection and base year analysis is done using data collection modules with large sample sizes. 26. Usage of ethylene derived products in construction is rise due to inherent advantages such as flexibility, ease of usage, low cost, easy processability, among others. 1.4.6 Europe Ethylene Oxide (EO) Market Size and Growth Rate of Diethylene glycol and triethylene glycol from 2014 to 2026. The global Ethylene amines Market will grow by US$ 107.2 Billion by 2025 at a CAGR of 5.2% in the given forecast period. Additionally, the substantial application of ethylene in numerous industries like packaging, construction, and automotive will boost the demand for ethylene in various countries. This caused a decline in demand for the consumer and industrial market, which in turn, caused disruptions in the supply chain. The worldwide Ethylene Oxide market was valued at XX.0 Million US$ in 2018 and is projected to reach XX.0 Million US$ by 2026, at a CAGR (Compound Annual Growth Rate) of 3.1% during the forecast period. We know where we will be getting business intelligence from in the future.”, “Thank you for sending the market report and data. How much is the global ethylene market worth? Ethylene glycol has witnessed rise in the demand due to high adoption of polyester fibers among MEG manufacturers. Also, the increasing demand for plastic products among consumers is boosting the market. C2H4 is a colorless and flammable gaseous organic compound that contains double bond carbons. In terms of application, the market has been segmented into Polyethylene, Ethylene Oxide, Ethyl Benzene, Ethylene Dichloride and Others. Polyethylene is estimated to be the largest derivative segment and has accounted for over 60% in the global ethylene market. We use cookies to enhance your experience. Also, the report offers insights into ethylene market trends and highlights vital industry developments. Ethene is a part of a group of substances known as volatile organic compounds (VOCs). It is a colorless flammable gas with a faint "sweet and musky" odour when pure. In 2019, the market stood at USD 166,520 million. We use cookies to ensure that we give you the best experience on our website. REPORT DESCRIPTION. Strong demand from India as well as China are driving the regional market growth. Global Ethylene Market Size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Tweet on Twitter. Ethylene (IUPAC name: ethene) is a hydrocarbon which has the formula C 2 H 4 or H 2 C=CH 2. 4.4 Market Size of Ethylene Glycol Distearate (EGDS) by Major End-Users 4.4.1 Market Size and Growth Rate of Ethylene Glycol Distearate (EGDS) for Cosmetics. Market numbers are estimated based on key application segments and end-user segments of ethylene. I appreciate the timeliness and responsiveness of you and your team.”, © 2020 Fortune Business Insights . The demand is mainly driven by China. The increased demand for plastic-based consumer goods has been leading the manufacturers towards the innovation of new products. GCC producers in North American region include ExxonMobil and SABIC’s Texas Ethane Cracker, Saudi Aramco’s Port Arthur Petrochemical plant, and consortium of GCC players including Total, Nova Chemicals / Borealis’s Texas Petrochemical Plant. Key players operating in the industry are Reliance Industries Limited, China Petroleum & Chemical, LyondellBasell Industries Holdings, Exxon Mobil Corporation, Shell International, SABIC, and others. Ethylene Market Overview The global ethylene market has been enjoying steady growth over the past five years, posting a CAGR of close to 6.5% between 2013-2018. Looking forward to work together on similar projects”, “We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. To analyze Ethylene Market concerning growth trends, prospects, and also their participation in the entire sector. Research Methodology: Global Ethylene Market. Ethylene Market Size And Growth . All News News Ethylene-Chlorotrifluoroethylene Copolymer Market Trends 2020 | Growth by Top Companies: Gujarat, Asahi Glass, Shandong Dongyue . Ethylene Market size is expected to reach USD 186.5 billion by 2026 Published: Dec. 7, 2020 at 12:55 p.m. According to International Trade Administration (ITA), China is the world’s largest construction market and it was valued at US$ 717.71 billion in 2016, and is estimated to reach US$ 1,042.17 billion in 2021. Acceleration in consumer spending and rising manufacturing activities have benefitted the global growth of the polyethylene demand across the globe. Polyethylene m… Tweet on Twitter. Packaging industry emerged as the largest end-use segment in 2019 and in terms of revenue, is expected to grow at a estimated CAGR of 10.1% over the next six years. Rennie Bradshaw - January 17, 2020. Disruption in the Supply Chain to Impede Market Amid COVID-19 Outbreak. Over 25 years of reporting on key chemicals markets, including Ethylene, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Report Details. Depleting Raw Material Sources and Introduction of Substitutes to Hinder Market Growth. By continuing to visit this site you agree to our use of cookies . Global Ethylene Acrylic Acid Copolymer Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026. Naphtha feedstock segment emerged as the dominant segment in 2019 and is expected to maintain its dominance over the forecast period. Growing at a CAGR of 5.6%, the market will exhibit steady growth in the forecast period (2020-2027). Moreover, the spread of coronavirus has led consumers to push towards better product packaging owing to the new regulations pertaining to coronavirus. Asia Pacific Ethylene Market Size, 2019 (USD Million), To get more information on the regional analysis of this market, Request a Free sample. The market, after successful recovery from the 2008-2009 crisis, showed substantial and steady growth in terms of demand from 2015 to 2018, a first in the past few years. Executive Summary . The global ethylene production stood at 165 million metric tons in 2017. Ethylene dimerization is a chemical reaction in which two ethylene molecules combine to form butene molecules. 26. Market participants, especially the GCC companies are making significant investments in the U.S. as well as China. It also has an application in the agriculture industry to improve plants’ health and growth. Ethylene Acrylic Acid Copolymer Market: 2019 Global Industry Trends, Growth, Share, Size and 2022 Forecast Research Report Posted on Oct 1 2019 7:09 PM "Ethylene Acrylic Acid Copolymer Market report provides the past, present and future industry trends and the forecast information related to the expected Ethylene Acrylic Acid Copolymer sales revenue, growth, demand, and supply scenario. The global ethylene butyl acrylate market is expected to grow at a CAGR of above 4% over the forecast period. The coronavirus pandemic has hit the chemical industry and has brought the operations and trade activities to a halt. The Global Ethylene Glycol Monoethyl Ether Acetate (CAC) Market research report provides and in-depth analysis on industry- and economy-wide database for business management that could potentially offer development and profitability for players in this market. The major regions in propylene market are China, US, and Western Europe, which account for over 70% of the total market demand. The surge in growth can be attributed to increasing applications such as in surface coatings, sealants, adhesives, and co-monomers across end-use industries such … “Rising Demand for Polyethylene in Various End-Use Industries” The demand for polyethylene is gaining momentum in various industries such as automotive, electrical & electronics, food & beverage, and consumer goods. For example, In September 2018, China's Sinopec started production at the Zhanjiang refinery. Research Corridor new comprehensive study on ethylene technology market offers in-depth analysis on industry trends, market size, competitive analysis and market forecast - 2020 to 2027. 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Based on feedstock the market has been feedstock such as Naphtha, Ethane, Propane, Butane and Other feedstocks. 4.4.3 Market Size and Growth Rate of Ethylene Glycol Distearate (EGDS) for Others . Rapid urbanization in these countries, huge population and increased government spending on construction are some of the reasons favoring the segment growth. The worldwide lockdown has resulted in a significant economic impact on trading and production activities in the chemical sector which further affects the pricing dynamics. The global Ethylene Market size was valued at USD 146.3 billion in 2019 and is anticipated to grow at a CAGR of 9.8% during the forecast period. Global Ethylene Oxide Industry Market Research Report 1 Ethylene Oxide Introduction and Market Overview 1.1 Objectives of the Study 1.2 Definition of Ethylene Oxide 1.3 Ethylene Oxide Market Scope and Market Size Estimation 1.3.1 Market Concentration Ratio and Market Maturity Analysis 1.3.2 Global Ethylene Oxide Value ($) and Growth Rate from 2012-2022 1.4 Market Segmentation 1.4.1 Types o By. The trend in the Middle East was somehow different than the U.S. with focus being done on development of liquid based crackers integrated fully with the refinery complex prompted due to the less availability of gas to be used for feedstock. 0. The reasons for this narrowing of gap are the proposed capacities in Northeast Asia that are most likely to fulfill the rising demand in the region, overall slow economic growth of China, and exports from the new U.S. terminal. Joint Ventures and Capacity Expansion are the Key Strategies Implemented by the Companies. 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