Global Steam Cracker Supply, Demand and Key Producers, 2023-2029

Global Steam Cracker Supply, Demand and Key Producers, 2023-2029

The global Steam Cracker market size is expected to reach $ 3295.5 million by 2029, rising at a market growth of -7.4% CAGR during the forecast period (2023-2029).

In the global market, the major core players of steam crackers are Linde, Sinopec Engineering, Incorporation, Lummus, ect. The top three players within this industry account for about 60% of the market share. North America and Asia-Pacific are the major manufacturing regions for this product, with both Asia-Pacific accounting for over 60% of the global market share. The product can be classified on the basis of power source as LPG-based, naphtha-based, ethane-based, and others. The product is widely used in ethylene production and other industries.

Steam crackers are large and complex Kiloton at the heart of petrochemical complexes, producing the important building blocks ethylene, propylene, butadiene, aromatics and acetylene. They involve cracking hydrocarbon feedstocks in the presence of steam and at temperatures of between 800° and 870°C. The resulting cracked gas is separated into valuable products such as ethylene, propylene, acetylene, butadiene, pyrolysis gasoline and BTX, all according to the specifications required for downstream processes.

This report studies the global Steam Cracker demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Steam Cracker, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Steam Cracker that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Steam Cracker total market, 2018-2029, (USD Million)

Global Steam Cracker total market by region & country, CAGR, 2018-2029, (USD Million)

U.S. VS China: Steam Cracker total market, key domestic companies and share, (USD Million)

Global Steam Cracker revenue by player and market share 2018-2023, (USD Million)

Global Steam Cracker total market by Source, CAGR, 2018-2029, (USD Million)

Global Steam Cracker total market by Application, CAGR, 2018-2029, (USD Million).

This reports profiles major players in the global Steam Cracker market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Linde, Sinopec Engineering Incorporation, Lummus, HUANQIU(CNPC), TechnipFMC, KBR and Wison, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Steam Cracker market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Source, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Steam Cracker Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Steam Cracker Market, Segmentation by Source
Based on LPG
Based on Naphtha
Based on Ethane
Others

Global Steam Cracker Market, Segmentation by Application
Ethylene Production
Others

Companies Profiled:
Linde
Sinopec Engineering Incorporation
Lummus
HUANQIU(CNPC)
TechnipFMC
KBR
Wison

Key Questions Answered

1. How big is the global Steam Cracker market?

2. What is the demand of the global Steam Cracker market?

3. What is the year over year growth of the global Steam Cracker market?

4. What is the total value of the global Steam Cracker market?

5. Who are the major players in the global Steam Cracker market?