Global Ethylene Market Report 2023 - Market Analysis, Trends, Opportunities, And Forecast to 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the ethylene market report by The Business Research Company, the polyethylene market has grown substantially due to the increased demand for plastic across the globe. The high penetration of plastics in electronic products and lightweight products in vehicles has increased the demand for plastics. According to the American Chemistry Council, the production of plastic resins, which serve as the foundation for all plastic products, climbed 0.9 percent in the United States in 2020, compared to 1.2 percent in 2019. These factors that have driven the adoption of polyethylene have impacted the growth of the ethylene market.

The global ethylene market size is expected to grow from $113 billion in 2021 to $125.02 billion in 2022 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ethylene market size is expected to grow to $161.61 billion in 2026 at a CAGR of 6.6%.

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https://www.thebusinessresearchcompany.com/report/ethylene-global-market-report

Major competitors in the ethylene market include AkzoNobel, BASF SE, Borealis, Chevron Phillips Chemical Company LLC., China Petrochemical Corporation, China Petroleum & Chemical Corporation, Clariant, Dow Chemical, Equistar Chemicals, and Exxon Mobil Corporation.

The ethylene market is segmented -
•By Feedstock: Naphtha, Ethane, Propane, Butane, Other Feedstocks

•By Application: Polyethylene, Ethylene oxide, Ethylene benzene, Ethylene dichloride, Vinyl Acetate, Alpha Olefins
•By End User Industry: Packaging, Automotive, Construction, Agrochemical, Textile

•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the ethylene

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Ethylene refers to an acyclic hydrocarbon which is a colorless, flammable gas with a faint sweet and musky odor when its pure. It is the simplest alkene widely used in industry and is also a plant hormone.

The Table Of Content For The Ethylene Market Include:
1. Executive Summary
2. Ethylene Market Characteristics
3. Ethylene Market - Macro Economic Scenario
4. Ethylene Market Size And Growth
5. Ethylene Market Segmentation
……

26. Ethylene Market Competitive Landscape And Company Profiles
27. Key Mergers And Acquisitions In The Ethylene Market
28. Ethylene Market Trends And Strategies
29. Ethylene Market Future Outlook and Potential Analysis
30. Appendix

The "Global Ethylene Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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