Press release
High Demand in Global Olefins Market 2026 - Leading Industries DowDuPont; Total; NOVA Chemicals Corporation; Chevron Phillips Chemical Company; LyondellBasell Industries Holdings B.V.; Sasol; Evonik Industries AG; Qatar Chemical Company Ltd.
Global Olefins Market
The global market report on Global Olefins Market also contains market drivers and restraints derived from SOWT analysis, and also shows what all of the recent developments, product launches, joint ventures, merges and accusations made by the various key players and brands that drive the market are by systemic company profiles. This report analyzes their production sites, capacity, production, ex-factory price, revenue and market share on the global market for each manufacturer covered. The Global Olefins Market is a synopsis of the Market stats for the forecast duration of 2019-2026. The world Global Olefins Market file additionally contains the drivers and restrains for the market that are derived from SOWT analysis, and additionally indicates what all the current developments, product launches, joint ventures, merges and accusations with the aid of the a number of key players and manufacturers that are driving the market are by means of systemic employer profiles.
Market Analysis: Global Olefins Market
Global Olefins Market is expected to grow with a steady CAGR in the forecast period of 2019-2026.
The report contains data from the base year of 2018, and the historic year of 2017.
This rise in market value can be attributed to the adoption of innovative production methods and advancements in technologies.
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Market Definition:
Olefins are chemical compounds that are used as a manufacturing component for various other chemical components. The productions of these compounds are based on the crude oil, naphtha or natural gases. These consist of hydrogen and carbon atoms in the molecular structure are used widely in the production of plastic products.
Key Market Competitors:
Exxon Mobil Corporation; INEOS AG; Royal Dutch Shell; National Petrochemical Company; China Petroleum & Chemical Corporation; SABIC; DowDuPont; Total; NOVA Chemicals Corporation; Chevron Phillips Chemical Company; LyondellBasell Industries Holdings B.V.; Sasol; Evonik Industries AG; Qatar Chemical Company Ltd; PJSC “Nizhnekamskneftekhim”; Mitsubishi Chemical Corporation; Idemitsu Kosan Co.,Ltd.; Petro Rabigh; Mitsui Chemicals, Inc.; Jam Petrochemical Company; TPC Group; Oil and Natural Gas Corporation Ltd. are few of the major competitors currently present in the market.
Segmentation:
By Type
Ethylene
Propylene
Butadiene
Butylene
Others
By Applications
Olefin Glycols
Olefin Oxides
Ethylbenzene
Polyolefins
Cumene
By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
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Key Developments in the Market:
In August 2018, LyondellBasell Industries Holdings B.V. announced that they had completed the acquisition of A. Schulman, Inc. This acquisition will help LyondellBasell Industries Holdings B.V. significantly increase the production capacity of olefins and expand the product offerings for both the organizations.
In July 2017, NOVA Chemicals Corporation announced that they had completed the acquisition of William Partners LP’s share in the olefins plant situated in Louisiana, United States as well as the share in Ethylene Trading Hub situated in Texas, United States. This acquisition will help the company in entering and providing solutions to the American region.
Competitive Analysis:
Global olefins market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of olefins market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Drivers:
Growth in demand from the plastics industry for PAO-based plastic products; this factor is expected to act as a driver for the market growth
Increasing innovations and advancements in the production methods resulting in enhanced efficiency of production process and enhanced product offering; this factor is expected to drive the market growth
Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
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Opportunities in the market
1. To describe and forecast the market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
2. The key findings and recommendations highlight crucial progressive industry trends in the Market, thereby allowing players to develop effective long term strategies
3. To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
4. Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Europe.
5. To get a comprehensive overview of the market.
About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process.
Contact Us-
Data Bridge Market Research
US: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com
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