Press release
Cryogenic Ethylene Market Is Expected to Reach a Value of US$ 11.53Billion by 2032
Offers in this section include a variety of opportunities, such as item development, appropriation, retail, and exhibition management. Fact.MR's analysts have appeared in a variety of analyses and predictions of cryogenic ethylene market demand at both the global and provincial levels, utilizing extensive essential and wide selective exploration.
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Market Players: -
• dow chemical
• Exxon Mobil
• Chevron Phillips
• Sasol
• axiolotte
• new tech
• husks
• Lyondellbasel
• indorama
• Eastman
"Surging LNG Production & Exports Driving U.S. Cryogenic Ethylene Consumption"
The United States is the world's prominent exporter of LNG with 21 MMT as of Q4 2021. Domination in LNG exports is due to the shale oil revolution in 2016. From the lower ranks in terms of LNG supply in 2016, the country is now self-sufficient in LNG as well as a global leader of LNG supply.
LNG supply is filled with hurdles owing to its transportation; therefore, before feeding LNG to the carriers, manufacturers liquefy the LNG using C3 cryogenic propylene or cryogenic ethylene.
Utilization of cryogen for liquefaction is a multi-stage process and significant amounts of cryogen is circulated for a stipulated time period. This provides optimum temperature for LNG for liquefaction.
Post liquefaction, LNG has to be constantly placed under the cryogen (ethylene or propylene) for the maintenance of temperature of the LNG.
competitive landscape
Major manufacturers of cryogenic ethylene include Dow Chemicals, Exxon Mobil, Chevron Philips, Sasol, Axiall Lotte, Shintech, Shell, LyondellBasell, Indorama and Eastman.
Prominent manufacturers of cryogenic ethylene are fully integrated, but sell a portion of their cryogenic ethylene to stabilize the price of downstream products throughout the region.
In addition to providing sales growth information, capacity and speculative production expansion, Fact.MR provided detailed information on cryogenic ethylene market price points from top cryogenic ethylene manufacturers located in different regions in its recently published detailed industry report.
A major part of the investigation of the cryogenic ethylene industry
• Cryogenic Ethylene Market by Grade:
• polymer grade
• chemical grade
• Cryogenic Ethylene Market by Application:
• agricultural intermediates
• construction chemistry
• Emulsion adhesive production
• refrigerant
• LNG liquefaction
• cooling water system
• ethylene glycol
• polymer production
Regional analysis includes:
North America (USA, Canada)
Latin America (Brazil, Mexico, Argentina, Chile, Peru, rest of LATAM)
EU - (Germany, France, Italy, Spain), UK, Benelux (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Republic, etc.), Rest of Europe
CIS and Russia
japan
Asia Pacific excluding Japan (Greater China, India, Korea, ASEAN countries, rest of APEJ)
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