Ethylene Oxide Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2027, at CAGR of 4.59% during forecast period of 2019 to 2027. ET Share on Facebook. These end use industries have a significant presence in China as well as in other countries such as India, Indonesia, Vietnam and Malaysia. Ethylene amines is a class of amine compounds containing ethylene linkages between amine groups. Joint Ventures and Capacity Expansion are the Key Strategies Implemented by the Companies. Ethylene oxide is an important raw material for the production of ethylene glycol which is used in several applications like polyethylene terephthalate (PET) bottles, paints, detergents and solvents. It is the simplest alkene (a hydrocarbon with carbon-carbon double bonds). The market research report provides a detailed ethylene industry analysis and focuses on crucial aspects such as leading companies, sources, applications, and products. Furthermore, growing applications in agriculture, medical, and other sectors are also driving the market size. The growing awareness of various types and forms of plastic products among consumers will further aid the development of the market. What was the value of the market in 2019? Demand has risen sharply for plastic packaging solutions for various applications in groceries, e-commerce healthcare products, and transportation. Disruption in the Supply Chain to Impede Market Amid COVID-19 Outbreak. The report includes country-wise and region-wise market size for the period 2015-2026. The report was very accurate and as per my requirements. Pipes, wires, insulations, and other elements of construction are being replaced by plastic counterparts on a large scale. The global construction industry is being driven by strong performance of the sector in countries such as India, China and regions such as Middle East. 4.4.2 Market Size and Growth Rate of Ethylene Glycol Distearate (EGDS) for Personal Care. For instance, in August 2018, ExxonMobil and Saudi Basic Industries Corporation, under a joint venture, announced their decision to construct the world’s largest ethylene production plant, estimated to be developed at a cost of $1.4 billion. What is the key factor driving the market? 26. The global ethylene market size was USD 166,520 million in 2019 and is projected to reach USD 245,005 million by 2027, exhibiting a CAGR of 5.6% during the forecast period. The adoption of these bio-based substitutes can be attributed to the governmental regulations over environmental protection and preservation of resources. Ethylene Market Characteristics . COVID-19. These trends are in turn expected to drive the growth of ethylene-based products for usage in construction industry. The global Ethylene Market size is expected to reach USD 186.5 billion by 2026 according to a new study by Polaris Market Research. Ethylene is a hydrocarbon gas with formula C 2 H 2 and is produced by steam cracking of naptha in petrochemical industry. Moreover, technological advancement has led to the effective and increased use of plastics such as LDPE and HDPE as per the industry requirements. Report ID: 375447 Published Date: Jun 2020 Publisher: Market Research Intellect. The rise in demand for quality and hygienic packaging will significantly improve the market in the forthcoming years. Moreover, recent development concerning feedstocks of ethylene have resulted in polyethylene experiencing certain cost advantage over other substitutes. In the automotive industry, manufacturers are focusing on increasing the efficiency of vehicles by reducing the weight of the vehicles. As per a new report by Big Market Research, the Ethylene Market industry is estimated to gain heights in upcoming years. Ethylene Market Overview The global ethylene market has been enjoying steady growth over the past five years, posting a CAGR of close to 6.5% between 2013-2018. This market report also covers all relevant data and facts regarding the ethylene market trends, market size and market growth. The global ethylene market size is expected to register a significant CAGR during the forecast period 2020 to 2027. Ethylene glycol has witnessed rise in the demand due to high adoption of polyester fibers among MEG manufacturers. Moreover, the growing middle-class population is further fueling the demand for construction activities and automobiles. The Global Vinyl Acetate – Ethylene Copolymer Emulsion Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in … The growing demand for high density polyethylene HDPE can be attributed to growing construction activities. Polyethylene m… Looking forward to work together in the future”, “It has been a delightful experience working with you guys. The coronavirus pandemic has hit the chemical industry and has brought the operations and trade activities to a halt. Also, the report offers insights into ethylene market trends and highlights vital industry developments. 0. Brazil is one of the major countries responsible for growth in the region due to the high rate of urbanization and developing economy in the country. Tendencies of operators varies according to region. The global ethylene market size is expected to reach USD 245,005 million by 2027. North America is estimated to have a significant share in the global market, which can be attributed to the rapid technological advancement and high disposable income in the region. The market data is analysed and forecasted using market statistical and coherent models. Global Ethylene Oxide Industry Market Research Report 1 Ethylene Oxide Introduction and Market Overview 1.1 Objectives of the Study 1.2 Definition of Ethylene Oxide 1.3 Ethylene Oxide Market Scope and Market Size Estimation 1.3.1 Market Concentration Ratio and Market Maturity Analysis 1.3.2 Global Ethylene Oxide Value ($) and Growth Rate from 2012-2022 1.4 Market Segmentation 1.4.1 Types o The global ethylene technology market size is expected to register a significant CAGR during the forecast period 2020 to 2027. Ethylene Market Size – USD 92.30 Billion in 2018, CAGR of 6.1%, Ethylene Industry Trends – High demand for polyethylene. Reliance Industries Limited, China Petroleum & Chemical, LyondellBasell Industries Holdings, Exxon Mobil Corporation Industries are a few of the leading players in the global market. Thus, the global ethylene glycol market is witnessing significant growth in this pandemic. Poorly positioned assets and operating rate reduction is a cause of concern for North American and Chinese operators, which they are trying to tackle through capacity expansions. In China, GCC companies have set up production facilities in Fujian, Panjin, and Zhejiang. The global ethylene production stood at 165 million metric tons in 2017. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional ethylene market over the short term as well as long term. Which factors are expected to drive the adoption of products? By. Property such as high rigidity makes polyethylene suitable for industrial uses, mainly for packaging of automotive and electrical spare parts. The LDPE segment dominated the market in 2019 due to growing consumer demand for the various plastic-based products from various industries such as automotive, construction, medical, and others. Share on Facebook. The increasing consciousness among consumers for safe packaged products has led to the demand for plastic solutions in the market. Ethylene Market, Size, Share, Outlook 2019 to 2025 is a premium global market research report focusing on factors driving and challenging the industry, Market Trends, recent industry developments, Key Players Analysis, market share, size, forecast, segmentation, Business Profiles of Leading Companies.OGAnalysis They are also used as container bottles for shampoo, laundry detergent, conditioner, and others due to their low chemical resistance. It is used for the production of polyethylene (PE), ethyl oxide, ethylene glycol, high-density polyethylene, 1-2-dichloroethane, vinyl acetate, and other compounds. The parties involved in the development of the process claim that the overall operations result in reduction of energy requirements by 20% and the reduction of initial investments by approximately 30%. Asia Pacific dominated the market in 2019, which can be attributed to the increasing demand for PE from the plastic industry and chemicals from the chemical industry from developing countries such as China, India, and Japan. Asia Pacific countries such as China is increasingly looking at prospects presented by ethane as well as LPG feedstocks for ethylene production while still leveraging on coal for reducing its dependence on imported feedstock. GCC producers in North American region include ExxonMobil and SABIC’s Texas Ethane Cracker, Saudi Aramco’s Port Arthur Petrochemical plant, and consortium of GCC players including Total, Nova Chemicals / Borealis’s Texas Petrochemical Plant. Chapter 2 Executive Summary. Confinements and plant closures especially in China on the backdrop of Corona Virus outbreak are bound to hamper the supply in the country. Inquiry Before Buying. The report covered all the points and was very detailed. C2H4 is a colorless and flammable gaseous organic compound that contains double bond carbons. REPORT DESCRIPTION. The company will produce 8,000 kilotons per year at this factory. To analyze Ethylene Market concerning growth trends, prospects, and also their participation in the entire sector. As per a new report by Big Market Research, the Ethylene Market industry is estimated to gain heights in upcoming years. 1.4.6 Europe Ethylene Oxide (EO) Market Size and Growth Rate of Diethylene glycol and triethylene glycol from 2014 to 2026. A recent report published by Infinium Global Research on ethylene market provides in-depth analysis of segments and sub-segments in the global as well as regional ethylene market. Bio-based Epoxy Resins Market Share, Size, Trends, Industry Analysis Report, 2020-2027, Flame Retardant Apparel Market Share, Size, Trends, Industry Analysis Report, 2020-2027, Zeolite Market Share, Size, Trends, Industry Analysis Report, 2020 - 2027, Lithium-Ion Battery Cathode Market Share, Size, Trends, Industry Analysis Report, 2020-2027, High Strength Steel Market Share, Size, Trends, Industry Analysis Report, 2020-2027. Ethylene Market report categorizes the global market by Feedstock (Naphtha, Ethane, Butane, Propane, Coal), Derivative (Polyethylene, Ethylene Oxide, Ethylene Dichloride), and Geography - Insights, Opportunity Analysis, and Industry Forecast till 2025 Polyethylene is estimated to be the largest derivative segment and has accounted for over 60% in the global ethylene market. The Middle East & Africa is a major location for raw materials thus creating opportunities for manufacturers in the region. Increasing Demand for Packaging Solutions During Pandemic to Boost Growth. The market is primarily segmented on the basis of Feedstock, By Application, By End-Use, and geographic region. Increasing Demand for LightWeight Plastics to Aid Market. Ethylene Market Size And Growth . The global Ethylene Market size was valued at USD 146.3 billion in 2019 and is anticipated to grow at a CAGR of 9.8% during the forecast period. Polyethylene is a major consumer of the overall Ethylene production. In terms of application, the market has been segmented into Polyethylene, Ethylene Oxide, Ethyl Benzene, Ethylene Dichloride and Others. The surge in growth can be attributed to increasing applications such as in surface coatings, sealants, adhesives, and co-monomers across end-use industries such … The HDPE segment is also expected to have significant growth during the forecast period. Report Details. US Fracking Boom Affects Global Ethylene Market. Ethylene glycol is used in hospitals for sterilizing surgical tools. Moreover, rising technological advancement is further providing support towards substitutes, thus restraining the market. The growing demand for plastic consumer goods due to low prices and easy availability is further increasing the product demand in the market. Ethylene-Chlorotrifluoroethylene Copolymer Market Size. Request A Callback Download Sample. Ethylene producing manufacturers are shifting attention towards lightweight and quality packaging to provide the consumer with improved packaging solutions. The production of ethylene in North America, particularly the U.S. was driven by the large availability of ethane from shale gas. 4.4.3 Market Size and Growth Rate of Ethylene Glycol Distearate (EGDS) for Others . What is the leading segment in the market? Increasing demand from the automotive and construction industry is a key factor driving the market growth. In regions such as Western Europe, some of the manufacturers of ethylene are banking on the advantages provided by LPG routes of production and are leveraging on the same to increase and maintain their revenue streams. Ethylene Acrylic Acid Copolymer Market: 2019 Global Industry Trends, Growth, Share, Size and 2022 Forecast Research Report Posted on Oct 1 2019 7:09 PM "Ethylene Acrylic Acid Copolymer Market report provides the past, present and future industry trends and the forecast information related to the expected Ethylene Acrylic Acid Copolymer sales revenue, growth, demand, and supply scenario. Data collection and base year analysis is done using data collection modules with large sample sizes. Ethylene Market Size, Share 2020-Global Industry Trends, Growth Insight, Competitive Analysis, Statistics, Regional, And Global Forecast To 2023 Posted on Aug 29 2020 8:01 AM "Ethylene market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of a number of the leading prominent players during this landscape. Global Ethylene and Polyethylene Infrastructure Market Size And Forecast. Some may even get delayed further. Covid-19 Impact on Ethylene Chlorohydrine Market, Global Research Reports 2020-2021. 26. Chapter 1 Ethylene Acrylic Acid Copolymer Introduction and Market Overview. Remarkable job and great efforts by your research team. 0. Over 25 years of reporting on key chemicals markets, including Ethylene, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. The reasons for this narrowing of gap are the proposed capacities in Northeast Asia that are most likely to fulfill the rising demand in the region, overall slow economic growth of China, and exports from the new U.S. terminal. The covid-19 has increased awareness among the consumer for public and private hygiene to protect against the virus. It also has an application in the agriculture industry to improve plants’ health and growth. According to the report, the global ethylene market is projected to grow at a CAGR of 6.1% over the forecast period of 2019-2025. The report provides the market size of ethylene for 2013 and forecast for the next six years. These plastic products include containers, dispensing bottles, and tubes. The Ethylene Glycol Solutions market is analysed and market size information is provided by regions (countries). Ethylene Market Size, Growth Trends, Upcoming Statistics, Industry Share, Regional Analysis, Top Key Players and Global Application 2023 Global Ethylene Market Research Report: By Application (Polyethylene, Ethylene Oxide, Ethylene Benzene, And Ethylene Dichloride), By End-Use (Packaging, Automotive, Construction, Agrochemical, And Textile) – Forecast Till 2023 Latin America and the Middle East & Africa are expected to have substantial growth during the forecast period. "Final Report will add the analysis of the impact of COVID-19 on this industry." A major part of this is used for the production of PE, which is further used in packaging industries for various applications such as consumer goods, food products, and others. The data offered to us was exactly what we were looking for. Asia Pacific emerged as the largest market in 2019 and this trend is expected to continue till the end of the forecast period. Tweet on Twitter. However, the capacities of existing Naphtha ethylene plants outpaced that of ethane and other feedstock sources in terms of current production. If you continue to use this site we will assume that you are happy with it. Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach. The growth drivers for market are the globally expanding food industry. Which are the leading players in the market? However, market intelligence will be stabilized due to the high demand for PE in packaging applications. Ethylene market size will continue to grow through 2021 owing to increasing investments aimed at boosting the production capacity for gas. Ethylene amines are primarily used as … The packaging industry has seen a hike due to the high demand for sanitized and hygienic packaged food products. This is a very good piece of work and will be very helpful to us going forward. Strong demand for packaging industry across the globe due to the recent Corona pandemic is expected to benefit the demand. Ethylene is the raw material which is used in the manufacture of various derivatives such as polyethylene, ethylene oxide, ethylene dichloride and other derivatives, namely, ethyl benzene, vinyl acetate, alpha olefins, etc. Global ethylene market size was over USD 160 billion in 2015 and is foreseen to exceed USD 235 billion valuation by 2024. Packaging industry emerged as the largest end-use segment in 2019 and in terms of revenue, is expected to grow at a estimated CAGR of 10.1% over the next six years. Table of Content . Ethylene Oxide Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2027, at CAGR of 4.59% during forecast period of 2019 to 2027. Asia Pacific dominated the global market in 2019. However, Ethane is expected to witness the highest growth rates over the forecast period mainly driven by additional capacities in Asia Pacific and North America. Moreover, the growth in the medical industry has been supporting the market demand for ethylene derived products, where they are used as IV tubes, injections, pouches, and others. Polyethylene dominated the application segment in 2019 and the segment is expected to emerge as the dominant one in 2026 as well. This growth can be associated with the high demand for automobiles from all levels of consumers. All rights reserved. About half of the incremental supply of ethylene across the globe came from ethane feedstock source. In addition to the factors mentioned above, the report encompasses various factors that have contributed to the growth of the market over recent years. For automobiles from all levels of consumers be attributed to the governmental regulations environmental! 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