Skip to main content

Ethylene Market is Expected to Reach US$ 234.2 Bn by 2020

Polyethylene Construction
Transparency Market Research has released a new market report titled “Ethylene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.” According to the report, the global ethylene market was valued at US$ 156.0 Bn in 2013 and is projected to reach US$ 234.2 Bn by 2020, expanding at a CAGR of 6.0% from 2014 to 2020. 

Ethylene is an inflammable colorless gas with a sweet taste and odor. Ethylene is used extensively in industrial applications. Considering the broad range of industrial applications of ethylene, several prominent petrochemical companies across the world engage in the manufacture of ethylene and its diverse types of derivatives. These international petrochemical companies increase their production capacity of ethylene periodically. Moreover, demand for ethylene is expected to augment significantly in different end-use industries. This is ultimately leading to sustainable growth in the ethylene market. 


Polyethylene was the largest application segment of the ethylene market in 2013 and accounted for more than 50% of the total market. Distinct types of polyethylene are used for the manufacture of plastic that is used for producing everyday appliances, packaging, pipes, and toys. Polyethylene can be processed into hard products as well as soft and flexible components. Plastic produced from polyethylene can be seen in articles of all dimensions, with the simplest to the most complex shapes.

The growing consumption of polyethylene in the production of a diverse range of plastic components is consequently resulting in significant rise in the demand for ethylene. As far as growth rate is concerned, ethylene oxide is expected to be the fastest growing application segment of the ethylene market in the forecast period. The prospective growth in ethylene oxide can be mainly attributed to the rising demand for ethylene oxide derivatives such as ethylene glycol to produce plastic items, mainly bottles.  

Packaging was the largest end-user segment of the ethylene market with more than 30% share in 2013 and is expected to be the fastest growing segment of the ethylene market in the next few years. Several types of polyethylene such as PVC, low density polyethylene (LDPE), linear low density polyethylene (LLDPE), and high density polyethylene (HDPE) are comprehensively used for producing different packaging products such as films, containers, drums, and pipes. The rising demand for all such products in the packaging industry is expected to drive the demand for ethylene in the packaging end-user segment.  

Browse The Full Report at: 

Key players operating in the ethylene market include Saudi Basic Industries Corporation (SABIC), The Dow Chemical Company, Exxon Mobil Corporation, Royal Dutch Shell plc, China Petroleum & Chemical Corporation (Sinopec Corporation), Chevron Phillips Chemical Company LLC, Total S.A., LyondellBasell Industries, National Petrochemical Company (NPC) and INEOS Group AG.
The report segments the global ethylene market as follows:
Ethylene Market: Application Analysis
  • Polyethylene
  • Ethylene oxide
  • Ethylene benzene
  • Ethylene dichloride
  • Others (including vinyl acetate and alpha olefins)
Ethylene Market: End-user Analysis
  • Packaging
  • Automotive
  • Construction
  • Agrochemical
  • Textile
  • Others (including soaps & detergents)

About US
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyses information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Labels:
Location: Albany, NY, USA

Comments

Post a Comment

Popular posts from this blog

Global Epoxy Curing Agents Market - Projected to Scale-Up by construction, adhesive, Wind Energy Application to 2022.

“Global Epoxy Curing Agents Market Market Professional Survey Report 2017-2022” Purchase This Report by calling ResearchnReports.com at +1-888-631-6977. Global Epoxy Curing Agents market   Report is a professional and in-depth research report on the world’s major regional market conditions of the Epoxy Curing Agents market, focusing on the main regions (North America, Europe and Asia) and the main countries (United States, Germany, Japan and China). Based on application, the wind energy segment is projected to witness the highest growth from 2017 to 2022, both in terms of value and volume. Wind blades manufacturing is one of the major applications for epoxy curing agents. The depletion of fossil fuels and their volatile prices have resulted in increased energy cost with rise in demand. This research report provides an in-depth analysis of the global Epoxy Curing Agents Market based on enterprise size, services, solution, end-use industry, and geography. The report also prov...
Post a Comment
Read more

Glass Fiber Reinforced Gypsum Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025

Glass Fiber Reinforced Gypsum (GFRG) is a composite application utilizing naturally occurring mineral gypsum combined with reinforcing fibers. It may also contain polymers to increase product strength. The molding process can be either hand lay-up or a chopped strand spray method. Stereotypically, the end product is used for indoor applications with negligible exposure to moisture or other environmental elements. Completed composites are in the form of ornamental or decorative columns, pillars and facades. With the slowdown in world economic growth, the global market has also suffered a certain impact, but still maintained a relatively optimistic growth. In terms of revenue, the Global Glass Fiber Reinforced Gypsum Market was valued at US$ 458.49 Mn in 2016 and is expected to reach US$ 888.35 Mn by 2025, expanding at a CAGR of 7.6% from 2017 to 2025. The Global Glass Fiber Reinforced Gypsum Market is boosted by factors such as: ·       ...
3 comments
Read more

Global Arcylamide Market for Applications like Waste & Wastewater Treatment, Pulp & Paper, Printing & Dyeing, Solid Crystalline - Analysis of Top Key Players and Forecast to 2022

This report comprises a comprehensive outline of the current state of the   Global Arcylamide market   and projects its growth and every other central elements across major provincial markets. It presents an immense amount of market information that has been collected with the help of countless number of prime and subordinate research techniques. The statistics of this report has been tapered down using numerous industry based analytical procedures. An in depth synopsis of key market drivers, inclinations, manacles are provided and the study analyzes the way they shake the Global Arcylamide market in an affirmative as well as an adverse way. The topographies which are enclosed in this report are North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Taking into consideration the given prediction period and specifically studying each and every data annually, a report is been enlisted to ensure the data is well anticipated by clients. Increasing u...
Post a Comment
Read more