Ethylene Market Share, Demand, Top Players, Industry Size, Future Growth By 2027

The global ethylene market size is expected to reach USD 245,005 million by 2027, exhibiting a CAGR of 5.6% during the forecast period. The growing utilization of plastics such as LDPE and HDPE coupled with technological advancement will bolster healthy growth of the market, states Fortune Business Insights, in a report, titled "Ethylene Market Size, Share & COVID-19 Impact Analysis, By Application (High Density Polyethylene, Low Density Polyethylene, Ethylene Oxide, Ethyl Benzene, and Others), and Regional Forecast, 2020-2027." The market size stood at USD 166,520 million in 2019.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

 

List of Top Companies Profiled in the Ethylene Market are:

Reliance Industries Limited (Mumbai, India)
China Petroleum & Chemical (Beijing, China)
LyondellBasell Industries Holdings (Rotterdam, Netherlands)
Exxon Mobil Corporation (Texas, United States)
Shell International (The Hague, Netherlands)
SABIC (Riyadh, Saudi Arabia)
BOREALIS AG (Vienna, Austria)
BRASKEM SA (São Paulo, Brazil)
Chevron Phillips Chemical Company (Texas, United States)
INEOS GROUP AG (London, UK)
Other Key Players
Request a Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/covid19-impact/ethylene-market-104532

 

Key Market Driver:

Inflated Demand for Packaging Solutions to Aid Market Growth

The growing consciousness for safe packaged products among consumers will have an excellent impact on the global market. The heavy demand for plastic packaging solutions for numerous applications such as e-commerce, healthcare products, convenience products, and transportation will further incite the development of the market. The growing demand for high-quality food with proper packaging solutions can promote the growth of the market. The surging application of plastic in the automotive and construction industries for the production of wiring, auto parts, pipes, and others will spur opportunities for the market. Similarly, the rising application in agriculture, medical, and other sectors will drive market growth.

 

The report on the ethylene market comprises of:

All-encompassing scrutiny of the industry
Valuable data about key players
Emerging market trends
Important insights into the competitive landscape
Leading regions
 

Halt on Trade Activities to Boost Market Amid Coronavirus

The coronavirus pandemic has severely affected the chemical industry, resulting in halt on trade activities and operations. The disrupted supply chain has subsequently reduced the demand among industries. Nonetheless, the inflated demand for PE in packaging applications can stabilize the market amid covid-19. The growing awareness towards health and hygiene among consumers can enable speedy expansion of the market during the pandemic. Moreover, the increasing need for packaged food products will subsequently boost the production of polyethylene, which, in turn, will improve the prospects of the market.

 

Regional Analysis:

Rising Economic Development to Support Growth in Asia Pacific

The market in Asia Pacific is expected to hold the largest share in the global market during the forecast period owing to the growing demand for PE from the plastic and chemical industry in developing countries such as China, India, and Japan. The increasing economic development has led to an improved lifestyle of consumers, thus fueling the demand for quality-based plastic for daily use. The surging middle-class population coupled with increasing construction activities will enable speedy expansion of the market in the region. The plastic industry in China has experienced immense growth during the forecast period owing to the demand for new housing units and vehicles.

Inquire Before Buying This Research Report:

https://www.fortunebusinessinsights.com/checkout-page/104532

 

Detailed Table of Content:

Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Key Emerging Trends - For Major Countries
Key Developments: Mergers, Acquisition, Partnership, etc.
Latest Technological Advancement
Insights on Regulatory Scenario
Porters Five Forces Analysis
Qualitative Insights - Impact of COVID-19 on Global Ethylene Market
Supply Chain Challenges
Steps were taken by Government/Companies to overcome this impact
Potential opportunities due to COVID-19 outbreak
Global Ethylene Market Analysis, Insights and Forecast, 2016-2027
Key Findings / Summary
Market Size Estimates and Forecast
By Application (Value/Volume)
High-Density Polyethylene
Low-Density Polyethylene
Ethylene Oxide
Ethyl Benzene
Others
By Region (Value/Volume)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
TOC Continued…!

Key Industry Development:

October 2018: LyondellBasell and Sasol announced a definitive agreement into forming a joint venture that will gain LyondellBasell 50% of Sasol's 1.5 MM ton ethane cracker, 0.9 MM ton low and linear low-density PE plants, and associated infrastructure with a total consideration of US$2 Billion.

 

Speak to Our Expert:

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/ethylene-market-104532

 

Address:

Fortune Business Insights Pvt. Ltd.9th Floor, Icon Tower, Baner -

Mahalunge Road, Baner, Pune-411045,

Maharashtra, India.

Phone:

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Email: sales@fortunebusinessinsights.com

LinkedIn Facebook Twitter

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

This release was published on openPR.