Global Ethylene and Propylene Market Growth 2023-2029

Global Ethylene and Propylene Market Growth 2023-2029

Ethylene and propylene are olefins. Olefins are a class of chemicals that include ethylene, propylene, and 1,3-butadiene. They are unsaturated hydrocarbons and contain a double bond between two carbon atoms. Ethylene and propylene are important industrial organic chemicals.

LPI (LP Information)' newest research report, the “Ethylene and Propylene Industry Forecast” looks at past sales and reviews total world Ethylene and Propylene sales in 2022, providing a comprehensive analysis by region and market sector of projected Ethylene and Propylene sales for 2023 through 2029. With Ethylene and Propylene sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ethylene and Propylene industry.

This Insight Report provides a comprehensive analysis of the global Ethylene and Propylene landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ethylene and Propylene portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ethylene and Propylene market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ethylene and Propylene and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ethylene and Propylene.

The global Ethylene and Propylene market size is projected to grow from US$ 356610 million in 2022 to US$ 486040 million in 2029; it is expected to grow at a CAGR of 486040 from 2023 to 2029.

Global key players of ethylene and propylene include SINOPEC, Dow, LyondellBasell, Exxon Mobil, Aramco, etc. The top five players hold a share over 24%. Asia-Pacific is the largest producer of ethylene and propylene, holds a share over 46 percent. In terms of product type, Ethylene is the largest segment, occupied for a share of 59%, and in terms of application, Polypropylene (PP) has a share about 25 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Ethylene and Propylene market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Ethylene
Propylene

Segmentation by application
Chemical & Petrochemicals
Pharmaceuticals
Paints & Coatings
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Dow Inc

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ethylene and Propylene market?

What factors are driving Ethylene and Propylene market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ethylene and Propylene market opportunities vary by end market size?

How does Ethylene and Propylene break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.