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Showing posts with the label Ethylene Market Analysis

Ethylene Market: Extensive Use of Polyethylene in Making Packaging Products to Bolster Uptake, TMR

The ethylene market is fairly competitive with the presence of a number of prominent petrochemical companies focused on the production of ethylene and a variety of useful derivatives, observes Transparency Market Research (TMR). Global players are constantly boosting their production capacities to gain a competitive edge in the market. Some of the leading players operating in the ethylene market are LyondellBasell Industries N.V., INEOS, Total S.A., Chevron Phillips Chemical Company LLC, Sinopec Limited, Royal Dutch Shell plc., Exxon Mobil Corporation, The Dow Chemical Company, and SABIC. The ethylene market is projected to rise at a CAGR of 6.0% during 2014–2020 and the valuation of the market is expected to reach US$234.2 bn by the end of the forecast period. Browse Market Research Report @  http://www.transparencymarketresearch.com/ethylene-market.html Substantial Demand for Ethylene Oxide in Manufacturing Plastics Regionally, the market is segmented into North...

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 ...