openPR Logo
Press release

Ethylene Dimerization Market is Growing Exponentially | Know Top Leading Players Such as Lyondellbasell, Axens, SABIC, McDermott International, Inc., ExxonMobil, and Phillips

12-13-2018 03:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Ethylene Dimerization Market is Growing Exponentially | Know

Ethylene dimerization is a chemical reaction in which two ethylene molecules combine to form butene molecules. Ethylene is a hydrocarbon gas with formula C2H2 and is produced by steam cracking of naptha in petrochemical industry. Different catalysts such as titanium, nickel, and zirconium are used in ethylene dimerization to obtain butene-1, butane-2 or both as reaction products. These butene molecules are further processed to produce number of derivatives such as polyethylene, propylene, and butylene oxide.

Download PDF Brochure of this Report Made by an Industry Experts @ https://www.coherentmarketinsights.com/insight/request-pdf/2299

Market Dynamics:

Ethylene dimerization is a simple and low investment technology used to produce propylene. Therefore, increasing demand for propylene is major factor propelling growth of the global ethylene dimerization market. For instance, According to Chemicals and Petrochemicals Manufacturer’s Association of India, global demand for propylene was 102 million metric tons in 2016.
Propylene is majorly used in production of polypropylene. Demand for polypropylene is high from Asia Pacific region. According to Chemicals and Petrochemicals Manufacturer’s Association of India, Asia Pacific is expected to account for 64% of global polypropylene demand by 2025. This in turn is expected to increase demand for propylene, thereby boosting growth of the ethylene dimerization market in Asia Pacific.
However, development in other propylene production technologies such as propane dehydrogenation and methanol to propylene technology is expected to hamper the market growth.
Market Outlook:

Major reaction product of ethylene dimerization is butene-1, which is predominately used for the production of polyethylene (LLDPE and HDPE). Increasing demand for polyethylene can be attributed to high demand for plastic. According to plastics and composites sector report (2015) of Academy of Sciences Malaysia, worldwide plastic demand is expected to reach 600 million tons by 2050.
Therefore, high demand for plastic and polyethylene is expected to boost production of butene, thereby propelling growth of the ethylene dimerization market.
Key Players:

Key players operating in the global ethylene dimerization market include,
Lyondellbasell, Axens, SABIC, McDermott International, Inc., ExxonMobil, and Phillips

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Ethylene Dimerization Market is Growing Exponentially | Know Top Leading Players Such as Lyondellbasell, Axens, SABIC, McDermott International, Inc., ExxonMobil, and Phillips here

News-ID: 1438976 • Views:

More Releases from Coherent Market Insights

Unlocking Insights: The Global Multiomics Market Landscape and Future Perspectives| Shimadzu Corporation, Bruker, QIAGEN, Agilent Technologies, Inc
Unlocking Insights: The Global Multiomics Market Landscape and Future Perspectiv …
Global Global Multiomics Market Growing Demand and Growth Opportunity 2024-2031: The Latest Report, titled "Global Multiomics Market" Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031, by Coherent Market Insights offers a comprehensive analysis of the industry, which comprises insights on the market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The Global Multiomics market has been growing significantly in recent years, driven
The Global Ventricular Assist Devices Market 2024-2031: Trends, Growth Factors, Forecast, and Competitive Landscape Analysis | Berlin Heart GmbH, Thoratec, Inc., Liva Nova plc
The Global Ventricular Assist Devices Market 2024-2031: Trends, Growth Factors, …
Global Ventricular Assist Devices Market Growing Demand and Growth Opportunity 2024-2031: The Latest Report, titled "Ventricular Assist Devices Market" Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031, by Coherent Market Insights offers a comprehensive analysis of the industry, which comprises insights on the market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The Ventricular Assist Devices market has been growing significantly in
Visual Arts Therapy Market Set to Experience Significant Growth by 2031 | American Art Therapy Association, Art Therapy Without Borders, Art With Impact
Visual Arts Therapy Market Set to Experience Significant Growth by 2031 | Americ …
A new study titled Visual Arts Therapy Market 2024, published by the Coherent Market Insights, offers information on regional and global markets that is expected to increase in value between 2024 and 2031. The extensive research offers important visions into the market's shifting dynamics, value chain analysis, well-known investment hotspots, competitive scenarios, regional landscape, and major segments. It also offers a whole analysis of the controls and restraints for the
Respiratory Tract Infection Treatment Market 2024 Current Trends, Growth Factors, Development and Forecast 2031 | Abbott Laboratories, AstraZeneca, Plc, Abbvie Inc.
Respiratory Tract Infection Treatment Market 2024 Current Trends, Growth Factors …
A new study titled Respiratory Tract Infection Treatment Market 2024, published by the Coherent Market Insights, offers information on regional and global markets that is expected to increase in value between 2024 and 2031. The extensive research offers important visions into the market's shifting dynamics, value chain analysis, well-known investment hotspots, competitive scenarios, regional landscape, and major segments. It also offers a whole analysis of the controls and restraints for

All 5 Releases


More Releases for Ethylene

Global Ethylene Oxide and Ethylene Glycol Market 2022 Product Types & Applicatio …
The Ethylene Oxide and Ethylene Glycol Market research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Segment by Type - Ethylene
Ethylene Glycol and Ethylene Oxide Market Top Leading Players with Strategies an …
The global ethylene oxide and ethylene glycol market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Ethylene oxide and ethylene glycol are complex chemicals that achieve strong market growth. The trends that include the widespread use of ethylene oxide sterilization in the elimination of medical impurities is driving the market growth. Hospital-acquired infections are a major challenge that needs to be addressed urgently by health
Ethylene Market :Extensive Application of Ethylene in Making Packaging Products …
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
Ethylene glycol ethers Market Report 2018: Segmentation by Type (Ethylene glycol …
Global Ethylene glycol ethers market research report provides company profile for Reliance Group, IGL, Indian Oil, SINOPEC, CNPC, Yida, SHELL, Dow, BASF, Formosa Plastic Group, SABIC, Nippon Shokubai and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018
Key Facts and Other Pointers about the Global Ethylene Oxide Market And Ethylene …
The report “Ethylene Oxide Market And Ethylene Glycol Market - Global Industry Analysis, Raw Material And Consumption Trends, Size, Share And Forecast 2012 - 2018”, published by Transparency Market Research defines the market, various research methodologies and segments it based on extensive analysis. The study report encompasses the detailed qualitative and quantitative analysis for the global ethylene oxide market and ethylene glycol market. As per the studies in the report,
Ethylene Oxide Market and Ethylene Market Intensifying due to Rising Food and Be …
The report “Ethylene Oxide Market And Ethylene Glycol Market - Global Industry Analysis, Raw Material And Consumption Trends, Size, Share And Forecast 2012 - 2018”, published by Transparency Market Research defines the market, various research methodologies and segments it based on extensive analysis. The study report encompasses the detailed qualitative and quantitative analysis for the global ethylene oxide market and ethylene glycol market. As per the studies in the report,