Press release
Global Ethylene Market Share Likely to Grow At a CAGR of 6.1% By 2026 - Says Facts & Factors
Ethylene Market
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.fnfresearch.com/ethylene-market-by-type-ethylene-oxide-polyethylene-ethylene-906
Some of the key market players operating in the global ethylene market include
Exxon Mobil Corporation
Saudi Basic Industries Corp
Royal Dutch Shell plc
Dow DuPont Inc.
Chevron Phillips Chemical Company LLC
China Petroleum & Chemical Corporation
The National Petrochemical Company LyondellBasell Industries N.V.
Lonza Group, and BASF SE
Ethylene is an odorless and colorless flammable gas that smells unpleasant and sweet. It is generally derived from natural gas and petroleum. These are used mainly to polymerize, alkylate, oxidize, hydrate, and halogenate among hydrohalogenate and others. These are used in making plastics, tire rubber, footwear, and other products. The increasing use of ethylene in the automotive, textile, packaging, agrochemical, and other industries is a source of growth in the market.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ง ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.fnfresearch.com/sample/ethylene-market-by-type-ethylene-oxide-polyethylene-ethylene-906
Increasing the production of shale gas is increasing the production of ethane, which is acting as a driver for the ethylene market. Moreover, rising investment initiatives by market participants toward increasing gas capacity are fueling the demand of the market. For instance, in 2018, ExxonMobil and Saudi Basic Industries Corporation announced their investment of $1.7 billion for expanding the ethylene production facility.
This joint venture is in progress. Furthermore, the increasing demand for ethylene from end-users is boosting market growth. It is due to the rise in the growth of the food and beverages industry. Increasing the women's workforce in developing countries has raised the demand for the food packaging industry. Thereby, a high requirement for packaging has raised the demand for polyethylene such as LDPE and HDPE. In addition, the textile industry and agrochemical industry have also scaled the growth of the packaging businesses. Hence, certain factors are significantly influencing the global ethylene market in recent years.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/inquiry/ethylene-market-by-type-ethylene-oxide-polyethylene-ethylene-906
The global ethylene market can be segmented on the basis of application, and end-use. On the basis of application, the global ethylene market is classified into polyethylene, ethylene oxide, ethylene benzene, and ethylene dichloride. The end-use application has been bifurcated into automotive, packaging, agrochemical, construction, and textile among others.
Polyethylene application in the global ethylene market has accounted for the largest market share in recent years. The packaging industry is dominating the global market from the food industry to the textile industry needs packaging. Thereby, the high demand for plastics from end-use industries is boosting the sales of ethylene.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/customization/ethylene-market-by-type-ethylene-oxide-polyethylene-ethylene-906
This report segments the Ethylene market as follows:
Global Ethylene Market: By Type Segmentation Analysis
Ethylene oxide
Polyethylene
Ethylene dichloride
Ethylene benzene
Others
Global Ethylene Market: By End-Use Segmentation Analysis
Automotive
Packaging
Agrochemical
Construction
Textile
Others
๐๐๐๐ ๐๐ฎ๐ฒ๐ง๐จ๐ฐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/buynow/su/ethylene-market-by-type-ethylene-oxide-polyethylene-ethylene-906
Global Ethylene Market: Regional Segmentation Analysis
North America
The U.S.
Canada
Europe
Germany
The UK
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐๐ @https://www.linkedin.com/pulse/market-share-uv-infection-control-devices-expected-grow-ram-rupnur
https://www.linkedin.com/pulse/share-global-market-visitor-management-software-forecast-ram-rupnur
https://www.linkedin.com/pulse/global-automated-storage-retrieval-system-market-worth-jobin-ray
https://www.linkedin.com/pulse/global-autonomous-robot-market-size-hit-1367191-million-jobin-ray
https://www.linkedin.com/posts/jobin-ray-a40a18251_global-saas-security-market-share-to-grow-activity-6998628370204790784-6GEa
Facts & Factors
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Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client's/customer's conviction in our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
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