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 ...
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