Ethylene Market 2020

Harrisburg, NC -- (SBWire) -- 10/23/2020 --Ethylene Global Market Report 2020

The ethylene market consists of sales of ethylene and its related services. Ethylene is an acyclic hydrocarbon, used in the manufacture of polymers such as polyethylene (PE), polyethylene terephthalate (PET), polyvinyl chloride (PVC) and polystyrene (PS) as well as fibres and other organic chemicals.

The ethylene market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. Asia Pacific was the largest region in the ethylene market in 2019. The ethylene market covered in this report is segmented by feedstock into naphtha, ethane, propane, butane, others. It is also segmented by end-use industry into packaging, automotive, construction, agrochemical, and textile and by application into polyethylene, ethylene oxide, ethylene benzene, ethylene dichloride, vinyl acetate, alpha olefins.

The global ethylene market reached a value of nearly $222.1 billion in 2019, having grown at a compound annual growth rate (CAGR) of 5.25% since 2015, and is expected to grow at a CAGR of 4.77% to nearly $267.6 billion by 2023.

Top Leading Companies mentioned are

AkzoNobel, BASF SE, Borealis, Chevron Phillips Chemical Company LLC, China Petrochemical Corporation, China Petroleum & Chemical Corporation, Clariant, Dow Chemical, Equistar Chemicals and Exxon Mobil Corporation.

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During the historic period, increased demand for polythene products contributed to the ethylene markets growth. Ethylene is mainly used in polyethylene products such as low density polyethylene (LDPE), high density polyethylene (HDPE) and linear low density polyethylene (LLDPE). The polyethylene market has grown substantially due to the increased demand for plastic across the globe. The high penetration of plastics in electronic products and lightweight products in vehicles has increased the consumption of plastics. According to National Geographic, 40% of the plastic produced every year is single-use plastics. Production of plastic increased exponentially to 448 million tons by 2015 from 2.3 million tons in 1950 and this number is being expected to double by 2050. These factors that has driven the adoption of polyethylene, impacted the growth of the ethylene market.

News and Latest Developments:

In August 2019, Huntsman Corporation agreed to sell its ethylene business to Indorama Ventures for $2 billion. This acquisition will add products such as ethylene, ethylene oxide and monoethylene glycol, extending the product profile of Indorama Ventures and will strengthen the PET feedstock supply chain and improve its position as PET manufacturer. The deal gives Indorama Ventures access to a number of new derivative products, including propylene/PO derivatives, surfactants, ethanolamines, glycol ethers and MTBE. Indorama Ventures is an intermediate petrochemicals industry.

Essential points covered in Global Ethylene Market2020 Research are:-

What will the market size and the growth rate be in 2020?
What are the key factors driving the global Ethylene market?
What are the key markets trends impacting the growth of the global Ethylene market?
What are the challenges to market growth?
Who are the key vendors in the global Ethylene market?
What are the market opportunities and threats faced by the vendors in the global Ethylene market?
What are the key outcomes of the five forces analysis of the global Ethylene market?

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This independent 300 page report guarantees you will remain better informed than your competition. With over figures examining the Ethylene market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader's market revenue forecasts as well as analysis to 2020.

Geographically, this report is segmented into several key Regions, with Sales, revenue, Market Share (%) and Growth Rate (%) of Ethylene in these regions, from 2014 to 2020(forecast), covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Furthermore, the report provides a detailed analysis of the global Ethylene market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Ethylene market by countries, comprising of its market by value, volume, and ARPU and penetration rate.

Reasons for Buying this Report:

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for Ethylene.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market research findings.
Benchmark performance against key competitors.
Utilize the relationships between key data sets for superior strategizing.
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The research includes historic data from 2014 to 2020 and forecasts until 2020 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Ethylene on the basis of stating current situation of the industry in 2020 so as to make comprehensive organization and judgment on the competition situation and development trend of Ethylene Market and assist manufacturers and Ethylene organization to better grasp the development course of Ethylene Market.

Note: All the reports that we list have been tracking the impact of COVID-19 . Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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