Global Ethylene Market Size, Share, Scope Overview, Growth Rate Opportunity & Top Manufacturers Analysis

 Global Ethylene Market 

Ethylene is colorless gas usually have a sweet and unpleasant smell and taste. It is derived from natural gas and petroleum and is widely used to heal aging process in plants. Ethylene is mainly used for polymerization, oxidation, alkylation, halogenations, hydration, and hydrohalogenation and others. Ethylene does not dissolve in water, but mixes well with most organic solvents. 

The increase in demand for ethylene oxide for the manufacturing of plastics expected to boost the global ethylene market growth during this forecast period. Furthermore, the growing production of shale gas is increasing ethane production will positively influence the market growth. Also, low production cost of the gas will drive the growth of the global ethylene market. Moreover, the rise in demand for ethylene from various end users will support the market growth. Polyethylene is commonly used in manufacturing car bodies, wiring & cables, electrical insulation, fuel tanks, and others which anticipated to drive the demand for ethylene in the market  during this forecast timeline. 

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Fluctuation in the price of raw material is major restraint which expected to hamper the global ethylene market growth over the forecast period. Also, strict government rules and regulations related to the use of ethylene may affect the market growth.

Market Segmentation

The Global Ethylene Market is segmented into feedstock such as Ethane, Naphtha, Propane, Butane, and others, by application such as Polyethylene, Ethylene Dichloride, Ethyl Benzene, Ethylene Oxide, and Others. Further, market is segmented into end user such as Building & Construction, Automotive, Textiles, Packaging, and Agrochemicals.

Also, the Global Ethylene Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as  SABIC, NOVA Chemicals Corporation, Mitsubishi Chemical Corporation, Sasol, Westlake Chemical Corporation, BASF SE, Repsol, China National Petroleum Corporation , LyondellBasell Industries Holdings B.V., Chevron Phillips Chemical Company,  China Petroleum & Chemical Corporation, Dow, Exxon Mobil Corporation, etc. 

Market Taxonomy

By Feedstock

·         Ethane

·         Naphtha

·         Propane

·         Butane

·         Others 

By Application

·         Polyethylene

·         Ethylene Dichloride

·         Ethyl Benzene

·         Ethylene Oxide

·         Others 

By End user

·         Building & Construction

·         Automotive

·         Textiles

·         Packaging

·         Agrochemicals 

By Region

·         North America

·         Latin America

·         Europe

·         Asia Pacific

·         Middle East & Africa

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About Us

QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which help our clients outperform their competition. 

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