Global Ethylene Market 2024-2028
The ethylene market is forecasted to grow by USD 57.7 bn during 2023-2028, accelerating at a CAGR of 6.27% during the forecast period. The report on the ethylene market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for polyethylene products from various industries, growth in the flexible packaging industry, and increasing focus on recyclability.
Technavio's ethylene market is segmented as below:
By Feedstock
By Application
- LDPE
- HDPE
- Ethylene oxide
- Vinyls
- Others
By Geographical Landscape
- APAC
- North America
- Middle East and Africa
- Europe
- South America
This study identifies the emergence of bio-ethylene as one of the prime reasons driving the ethylene market growth during the next few years. Also, increasing innovation in the packaging sector and the versatility of ethylene as a key chemical building block will lead to sizable demand in the market.
The report on the ethylene market covers the following areas:
- Ethylene market sizing
- Ethylene market forecast
- Ethylene market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ethylene market vendors that include BASF SE, Braskem SA, Chevron Corp., China National Petroleum Corp., Dow Chemical Co., Eastman Chemical Co., Exxon Mobil Corp., Formosa Plastics Group, Huntsman International LLC, Koch Industries Inc., LyondellBasell Industries N.V., Merck KGaA, Mitsubishi Chemical Group Corp., Mitsui Chemicals Inc., NOVA Chemicals Corp., Reliance Industries Ltd., Saudi Basic Industries Corp., Shell plc, Sumitomo Chemical Co. Ltd., and TotalEnergies SE. Also, the ethylene market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.