Press release
Ethane Market valued at USD 16.3 billion in 2024 and is projected to reach USD 24.5 billion by 2030
Ethane Market
Market Overview
The Ethane Market is expanding steadily due to increasing global demand for ethylene production, which is a key feedstock for plastics, packaging, construction materials, automotive components, and chemical intermediates. Ethane, primarily extracted from natural gas streams, has become a critical raw material for the petrochemical industry as companies shift toward ethane-based steam cracking to achieve cost efficiency and higher yields.
The global ethane market is valued at USD 16.3 billion in 2024 and is projected to reach USD 24.5 billion by 2030, growing at a CAGR of 6.9% during 2024-2030. Growth is driven by rising ethylene demand, shale gas developments in North America, and expansion of ethane-to-ethylene cracker projects worldwide.
Download Full PDF Sample Copy of Market Report
https://exactitudeconsultancy.com/request-sample/74349
Market Growth (2024-2030)
• Market Size 2024: USD 16.3 billion
• Market Size 2030: USD 24.5 billion
• CAGR: 6.9%
North America dominates the market due to abundant shale gas resources, while Asia-Pacific drives consumption through large-scale petrochemical expansions.
Key Market Drivers
• Rapid expansion of ethylene production for plastics and packaging
• Growth of shale gas extraction, making ethane abundant and cost-effective
• Increasing investment in ethane cracking units in China, India, and the Middle East
• Rising demand for polyethylene, PVC, and ethylene oxide derivatives
• Cost advantages over naphtha-based cracking, leading to capacity shifts
• Expanding use of ethane as a cleaner-burning fuel in select industrial applications
Explore Full Report here:
https://exactitudeconsultancy.com/reports/74349/ethane-market
Market Segmentation
By Source
• Natural Gas
• Refinery Streams
• Shale Gas
• Associated Gas
By Application
• Ethylene Production (Dominant Segment)
• Refrigeration & Cooling
• Fuel Applications
• Chemical Intermediates
• Laboratory & Industrial Uses
By End-Use Industry
• Petrochemicals
• Plastics & Packaging
• Chemicals & Intermediates
• Automotive
• Construction Materials
• Consumer Goods
• Industrial and Manufacturing
By Region
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Key Market Trends
• Large-scale shift to ethane-based steam cracking for higher ethylene yields
• Strong petrochemical investments in China, India, Saudi Arabia, and the U.S.
• Increasing ethane export capacity from the U.S. to global petrochemical hubs
• Development of ethane-dependent mega cracker complexes
• Growing use of ethane in gas-based industrial boilers and heating systems
• Advancements in ethane transport technologies, including ethane carriers (VLEC)
Get Your Exclusive Offer with up to 10% Discount
https://exactitudeconsultancy.com/checkout/?currency=USD&type=single_user_license&report_id=74349
Competitive Landscape
Leading companies operating in the Ethane Market include:
• ExxonMobil Corporation
• Royal Dutch Shell
• Chevron Phillips Chemical Company
• SABIC
• Dow Inc.
• BASF SE
• Formosa Plastics Corporation
• LyondellBasell Industries
• Reliance Industries Limited
• China Petrochemical Corporation (Sinopec)
These companies focus on expanding ethylene capacity, enhancing ethane cracking technologies, and securing long-term ethane supply agreements.
Recent Developments
• Expansion of U.S. ethane export terminals enabling large-scale shipments to Asia and Europe
• New steam cracker projects launched across China, India, and the Middle East
• Petrochemical companies shifting from naphtha to cost-effective ethane feedstock
• Increased focus on building VLECs (Very Large Ethane Carriers) for global transport
• Strategic partnerships between shale gas producers and petrochemical companies
• Rising investment in ethane-based derivatives like polyethylene and ethylene oxide
This report is also available in the following languages : Japanese (エタン市場), Korean (에탄 시장), Chinese (乙烷市场), French (Marché de l'éthane), German (Ethanmarkt), and Italian (Mercato dell'etano), etc.
Request for a sample of this research report at (Use Corporate Mail ID for Quick Response) @
https://exactitudeconsultancy.com/request-sample/74349
Our More Reports:
Four Way Shuttle Rack Market
https://exactitudeconsultancy.com/reports/75105/four-way-shuttle-rack-market
Polygon Mirror Scanner Motor Market
https://exactitudeconsultancy.com/reports/75107/polygon-mirror-scanner-motor-market
Fully Automatic High Speed Nail Making Machine Market
https://exactitudeconsultancy.com/reports/75109/fully-automatic-high-speed-nail-making-machine-market
General Equipment Rental Services Market
https://exactitudeconsultancy.com/reports/75111/general-equipment-rental-services-market
https://bulletin.exactitudeconsultancy.com/
https://www.thehealthanalytics.com/
https://www.analytica.global/
https://www.marketintelligencedata.com/
https://www.marketinsightsreports.com/
Connect Us:
Irfan Tamboli
PHONE NUMBER +1 (704) 266-3234
EMAIL ADDRESS: sales@exactitudeconsultancy.com
About Us
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Ethane Market valued at USD 16.3 billion in 2024 and is projected to reach USD 24.5 billion by 2030 here
News-ID: 4290059 • Views: …
More Releases from Exactitude Consultancy
Cold Planer Market Sees Consistent Growth Supported by Global Road Rehabilitatio …
The global cold planer market is experiencing steady growth as governments and private contractors increase spending on road rehabilitation, resurfacing, and infrastructure modernization. Cold planers, also known as milling machines, are widely used to remove damaged asphalt and concrete surfaces efficiently, supporting sustainable road construction practices.
Download Full PDF Sample Copy of Market Report @ https://exactitudeconsultancy.com/request-sample/68250
Key Market Highlights
• Increasing focus on road maintenance and resurfacing projects
• Growing demand for efficient and precision milling…
Credit Management Software Market Accelerates as Organizations Focus on Risk Mit …
The global credit management software market is witnessing robust growth as organizations across industries adopt digital solutions to manage credit risk, improve receivables performance, and strengthen financial controls. Credit management software enables businesses to automate credit scoring, monitor customer creditworthiness, and streamline collections processes.
Download Full PDF Sample Copy of Market Report @ https://exactitudeconsultancy.com/request-sample/68248
Key Market Highlights
• Growing adoption of automated credit risk assessment tools
• Increasing focus on working capital and cash flow management
• Integration…
Session Border Controller Market Expands Rapidly as Enterprises and Telecom Oper …
The global session border controller (SBC) market is experiencing strong growth as telecom operators and enterprises increasingly deploy SBC solutions to secure, manage, and optimize real-time IP communications. SBCs play a critical role in protecting voice over IP (VoIP), unified communications (UC), and multimedia sessions from cyber threats while ensuring interoperability and quality of service.
Download Full PDF Sample Copy of Market Report @ https://exactitudeconsultancy.com/request-sample/68246
Key Market Highlights
• Growing adoption of VoIP and…
Biofuel Market Including E-Methane and Sustainable Aviation Fuel Gains Strong Tr …
The global biofuel market, encompassing e-methane, sustainable aviation fuel (SAF), and other advanced biofuels, is witnessing robust growth as governments and industries intensify efforts to reduce carbon emissions and transition toward cleaner energy sources. These fuels play a critical role in achieving net-zero targets while enabling decarbonization of hard-to-abate sectors such as aviation, shipping, and heavy transportation.
Download Full PDF Sample Copy of Market Report @ https://exactitudeconsultancy.com/request-sample/68244
Key Market Highlights
• Rapid growth of…
More Releases for Ethane
Track Decabromodiphenyl Ethane Price Report Historical and Forecast
Decabromodiphenyl Ethane (DBDPE) Price Trend and Forecast: Q3 2025 Insights
Executive Summary
Decabromodiphenyl Ethane (DBDPE), a key brominated flame retardant widely used in electronics, automotive components, and building materials, experienced notable price volatility across global markets in the third quarter of 2025. North America, Europe, and APAC regions reported substantial quarter-over-quarter gains driven by a combination of robust downstream demand, logistics constraints, freight rate fluctuations, and regulatory scrutiny.
In North America, strong demand…
Decabromodiphenyl Ethane Market Size, Latest Growth, Forecast By 2024 - 2032
Decabromodiphenyl Ethane Market Trends In 2024:
The Decabromodiphenyl Ethane Market 2024 report provides a comprehensive analysis of Types (Bromine Method Preparation, Dichloroethane Solvent Method Preparation), Application (Styrenic Polymers, Thermoplastic, Thermosetting Plastics), Analysis of Industry Trends, Growth, and Opportunities, R&D landscape, Data security and privacy concerns Risk Analysis, Pipeline Products, Assumptions, Research Timelines, Secondary Research and Primary Research, Key Insights from Industry Experts, Regional Outlook and Forecast, 2024-2032.
Major Players of Decabromodiphenyl Ethane Market…
Ethane Market Size Worth USD 18.75 Billion in 2032 | Emergen Research
The global ethane market size was USD 12.80 Billion in 2022 and is expected to register a revenue CAGR of 3.8 % during the forecast period. The global ethane market is witnessing significant growth owing to the rising demand for ethylene, a crucial feedstock in the production of various industrial chemical products such as plastics, fibers, and organic chemicals. This surge in demand is primarily fueled by factors such…
Ethane Market Moving in the Right Direction: ONEOK, SABIC, DCP Midstream
The latest study released on the Global Ethane Market by HTF MI evaluates market size, trend, and forecast to 2029. The Ethane market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in This Report…
Ethane Market Current Scenario and Future Prospects
The Ethane Market study with 65+ market data Tables, Pie charts & Figures is now released by HTF MI. The research assessment of the Market is designed to analyze futuristic trends, growth factors, industry opinions, and industry-validated market facts to forecast till 2029. The market Study is segmented by key a region that is accelerating the marketization. This section also provides the scope of different segments and applications that can…
Ethane Market Latest Trends, Future Prospects Forecast To 2028
Precision Business Insights published a research report on "Ethane Market: By Application Type (Ethylene Synthesis, Acetic Acid Synthesis, Refrigerant, Others), End User (Packaging, Automotive, Construction, Agrochemicals, Textile, Others) - Global/Region/Country Forecast to 2028"
The lightest olefinic hydrocarbon as well as organic hydrocarbon is ethylene, which is generated from a variety of hydrocarbons and is widely utilised in the production of polymers such as fibres, polymer plastics, and other organic compounds. The…
