Ethylene & Propylene Market, by Derivatives (Propylene Oxide, Polypropylene, Cumene, Acrylonitrile, and Others), by Application (High-density Polyethylene (HDPE), Linear Low-density Polyethylene (LLDPE), Low-density Polyethylene (LDPE), and Petrochemical

Ethylene & Propylene Market, by Derivatives (Propylene Oxide, Polypropylene, Cumene, Acrylonitrile, and Others), by Application (High-density Polyethylene (HDPE), Linear Low-density Polyethylene (LLDPE), Low-density Polyethylene (LDPE), and Petrochemical Intermediates), by End-use Industry (Rubber, Plastics, Fiber, Coatings, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Ethylene is a hydrocarbon, which exists in the form of colorless flammable gas and has a faint sweet and musky odor when pure. Ethylene is used extensively in the chemical industry. Ethylene is also a natural plant hormone, and is used in the agriculture sector for ripening of fruits. Propylene is a colorless fuel gas with a naturally pungent smell. Propylene is obtained during the refining of gasoline and is flammable and non-toxic.
Market Dynamics
Among applications, the chemicals and petrochemicals segment holds the largest share in the global ethylene & propylene market. Ethylene is used in the production of vinyl chloride which is used for producing polyvinyl chloride (PVC). Furthermore, propylene can be polymerized to form polypropylene polymers which are widely used in the packaging industry. These factors are driving growth of the chemicals & petrochemicals segment. Propylene is also used as a raw material for producing cumene value chain, propylene oxide, n-butyl alcohol, acrylonitrile, acrylic acid and others, which is aiding growth of the chemicals and petrochemicals segment.
Among regions, Asia Pacific accounted for a significant market share in 2021, owing to increasing demand of ethylene and propylene from industries such as automobiles, construction, packaging, and consumer products in emerging economies such as India and China. These factors are driving demand for ethylene and propylene derived plastic polymers such as polyvinyl chloride, polyethylene, polystyrene, polyethylene terephthalate, and polypropylene. According to the American Institute of Chemical Engineers (AICHE), the polymer market in India is driven by demand for polypropylene and polyethylene which represented 73% of all the commodity resin consumed in 2015 to 2016.
Key features of the study:
This report provides in-depth analysis of the ethylene & propylene market and provides market size (US$ Million & Million Tons) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global ethylene & propylene market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Exxon Mobil Corporation, Saudi Basic Industries Corporation, Royal Dutch Shell Plc, China Petroleum & Chemical Corporation, Chevron Phillips Chemical Company LLC, Total S.A., LyondellBasell Industries N.V., National Petrochemical Company, INEOS Group and Dow Inc.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up-gradation, market expansions, and marketing tactics
The global ethylene & propylene market report caters to various stakeholders in this industry including investors, suppliers, ethylene & propylene manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the ethylene & propylene market
Detailed Segmentation:
Global Ethylene & Propylene Market, By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
Global Ethylene & Propylene Market, By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
Global Ethylene & Propylene Market, By Region :
North America
U.S.
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
Canada
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
Europe
U.K.
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
Germany
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
Italy
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
France
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
Russia
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
Rest of Europe
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
Asia Pacific
China
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
India
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
Japan
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
ASEAN
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
Australia
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
South Korea
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
Rest of Asia Pacific
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
Latin America
Brazil
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
Argentina
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
Mexico
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
Rest of Latin America
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
Middle East & Africa
Middle East
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
Africa
By Derivative Type:
Ethylene
Polyethylene
HDPE
LDPE
LLDPE
Ethylene oxide
Others (Ethylene Dichloride etc.)
Propylene
Polypropylene
Propylene Oxide
Others (Cumene, Acrylonitrile etc.)
By Application:
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others (Metal Fabrication etc.)
Company Profiles
Exxon Mobil Corporation *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Saudi Basic Industries Corporation
Royal Dutch Shell Plc
China Petroleum & Chemical Corporation
Chevron Phillips Chemical Company LLC
Total S.A.
LyondellBasell Industries N.V.
National Petrochemical Company
INEOS Group
Dow Inc.
“*” marked represents similar segmentation in other categories in the respective section.