Global Ethylene and Propylene Market Insights, Forecast to 2028

Market Analysis and Insights: Global Ethylene and Propylene Market

Due to the COVID-19 pandemic, the global Ethylene and Propylene market size was US$ 364.54 billion in 2021 and is forecast to a readjusted size of US$ 282.57 billion by 2028 with a CAGR of -2.69% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Ethylene accounting for 53.6% of the Ethylene and Propylene global market in 2021, is projected to value US$ 162,458.33 million by 2028, growing at a revised -2.05 CAGR from 2022 to 2028. While Propylene segment is altered to an -3.51% CAGR throughout this forecast period.

The global key manufacturers of Ethylene and Propylene include SINOPEC, Dow, LyondellBasell, Exxon Mobil, Aramco, ADNOC, CNPC, Shell, Formosa Plastics Group and NPC, etc. In 2021, the global top five players hold a share approximately 24.30% in sales volume, and in term of revenue of Ethylene and Propylene, the top five companies hold a share nearly 25.75%.

The Asia Pacific Ethylene and Propylene market size was US$ 185.80 billion in 2021, while China size was US$ 112.22 million. The proportion of the Asia Pacific was 50.97% in 2021, while China percentage was 60.39%, and it is predicted that China share will reach 62.42% in 2028, trailing a CAGR of 0.5% through the analysis period. As for the Europe Ethylene and Propylene landscape, Germany is projected to reach US$ 1,235.95 million by 2028. and in USMCA, the notable markets is United States, CAGR is -6.1% respectively for the next 6-year period.

In terms of production side, this report researches the Ethylene and Propylene capacity, production, growth rate, market share by manufacturers and regional level and country level, from 2017 to 2022, and forecast to 2028.

The production capacity in this report is mainly based on the nameplate capacity, and the manufacturer's capacity data includes the part of the joint venture.

It should be pointed out that the revenue market size described in this report refers to the output value calculated according to the market price of ethylene and propylene. Most ethylene and propylene production enterprises have downstream derivatives manufacturing business, and the ethylene and propylene traded between enterprises are usually quoted based on the market price, plus processing fees.

In this report, KMT is equal to Kilo Metric Tones.

In terms of sales side, this report focuses on the sales of Ethylene and Propylene by regions (countries), company, by Progress and by Application. from 2017 to 2022 and forecast to 2028.

The global Ethylene and Propylene market is thoroughly, accurately, and comprehensively assessed in the report with a large focus on market dynamics, market competition, regional growth, segmental analysis, and key growth strategies. Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Progress segment of the global Ethylene and Propylene market. These figures have been provided in terms of both revenue and volume for the period 2017-2028. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

By Company

─ SINOPEC

─ Dow

─ LyondellBasell

─ Exxon Mobil

─ Aramco

─ ADNOC

─ CNPC

─ Shell

─ Formosa Plastics Group

─ NPC

Segment by Type

─ Ethylene

─ Propylene

Segment by Application

─ HDPE

─ LLDPE

─ LDPE

─ Ethylene Oxide (EO)

─ Ethylene Dichloride (EDC)

─ Ethylbenzene (EB)

─ Alpha Olefins

─ Vinyl Acetate (VAM)

─ Polypropylene (PP)

─ Propylene Oxide (PO)

─ Acrylonitrile (ACN)

─ Others

Production by Region

─ Asia Pacific

─ Europe

─ USMCA

─ Middle East and Africa

─ CIS

─ Central & South America

Sales by Region

─ Asia Pacific

─ Europe

─ USMCA

─ Middle East and Africa

─ CIS

─ Central & South America

─ China

─ United States

─ Saudi Arabia

─ South Korea

─ Japan

─ India

─ Iran

─ Germany

─ Russia

─ Thailand

─ Canada

─ Taiwan China

─ Brazil

─ Singapore

─ Netherlands

─ France

─ Belgium

─ Mexico

─ United Kingdom

─ Spain

─ Italy

─ Argentina


1 Study Coverage
1.1 Ethylene And Propylene Product Introduction
1.2 Market By Type
1.2.1 Global Ethylene And Propylene Market Size By Type, 2017 Vs 2021 Vs 2028
1.2.2 Ethylene
1.2.3 Propylene
1.3 Market By Application
1.3.1 Global Ethylene And Propylene Market Size By Application, 2017 Vs 2021 Vs 2028
1.3.2 Polyethylene (Pe)
1.3.3 Ethylene Oxide (Eo)
1.3.4 Ethylene Dichloride (Edc)
1.3.5 Ethylbenzene (Eb)
1.3.6 Alpha Olefins
1.3.7 Vinyl Acetate (Vam)
1.3.8 Polypropylene (Pp)
1.3.9 Propylene Oxide (Po)
1.3.10 Acrylonitrile (Can)
1.4 Study Objectives
1.5 Years Considered
2 Global Ethylene And Propylene Production
2.1 Global Ethylene And Propylene Production Capacity (2017-2028)
2.2 Global Ethylene And Propylene Production By Region: 2017 Vs 2021 Vs 2028
2.3 Global Ethylene And Propylene Production By Region
2.3.1 Global Ethylene And Propylene Historic Production By Region (2017-2022)
2.3.2 Global Ethylene And Propylene Forecasted Production By Region (2023-2028)
2.4 Usmca
2.5 Europe
2.6 Asia Pacific
2.7 Middle East And Africa
2.8 Cis
2.9 Central & South America
3 Global Ethylene And Propylene Sales In Volume & Value Estimates And Forecasts
3.1 Global Ethylene And Propylene Sales Estimates And Forecasts 2017-2028
3.2 Global Ethylene And Propylene Revenue Estimates And Forecasts 2017-2028
3.3 Global Ethylene And Propylene Revenue By Region: 2017 Vs 2021 Vs 2028
3.4 Global Top Ethylene And Propylene Regions By Sales
3.4.1 Global Top Ethylene And Propylene Regions By Sales (2017-2022)
3.4.2 Global Top Ethylene And Propylene Regions By Sales (2023-2028)
3.5 Global Top Ethylene And Propylene Regions By Revenue
3.5.1 Global Top Ethylene And Propylene Regions By Revenue (2017-2022)
3.5.2 Global Top Ethylene And Propylene Regions By Revenue (2023-2028)
3.6 Asia Pacific
3.7 Europe
3.8 Usmca
3.9 Middle East & Africa
3.10 Cis
3.11 Central & South America
4 Competition By Manufacturers
4.1 Global Ethylene And Propylene Production Capacity By Manufacturers
4.2 Global Ethylene And Propylene Sales By Manufacturers
4.2.1 Global Ethylene And Propylene Sales By Manufacturers (2017-2022)
4.2.2 Global Ethylene And Propylene Sales Market Share By Manufacturers (2017-2022)
4.2.3 Global Top 10 And Top 5 Largest Manufacturers Of Ethylene And Propylene In 2021
4.3 Global Ethylene And Propylene Revenue By Manufacturers
4.3.1 Global Ethylene And Propylene Revenue By Manufacturers (2017-2022)
4.3.2 Global Ethylene And Propylene Revenue Market Share By Manufacturers (2017-2022)
4.3.3 Global Top 10 And Top 5 Companies By Ethylene And Propylene Revenue In 2021
4.4 Global Ethylene And Propylene Sales Price By Manufacturers (2017-2022)
4.5 Analysis Of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (Cr5 And Hhi)
4.5.2 Global Ethylene And Propylene Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
4.5.3 Global Ethylene And Propylene Manufacturers Geographical Distribution
5 Market Size By Type
5.1 Global Ethylene And Propylene Capacity By Type
5.1.1 Global Ethylene And Propylene Historical Capacity By Type (2017-2022)
5.1.2 Global Ethylene And Propylene Forecasted Capacity By Type (2023-2028)
5.1.3 Global Ethylene And Propylene Capacity Market Share By Type (2017-2028)
5.2 Global Ethylene And Propylene Sales By Type
5.2.1 Global Ethylene And Propylene Historical Sales By Type (2017-2022)
5.2.2 Global Ethylene And Propylene Forecasted Sales By Type (2023-2028)
5.2.3 Global Ethylene And Propylene Sales Market Share By Type (2017-2028)
5.3 Global Ethylene And Propylene Revenue By Type
5.3.1 Global Ethylene And Propylene Historical Revenue By Type (2017-2022)
5.3.2 Global Ethylene And Propylene Forecasted Revenue By Type (2023-2028)
5.3.3 Global Ethylene And Propylene Revenue Market Share By Type (2017-2028)
5.4 Global Ethylene And Propylene Price By Type
5.4.1 Global Ethylene And Propylene Price By Type (2017-2022)
5.4.2 Global Ethylene And Propylene Price Forecast By Type (2023-2028)
6 Market Size By Application
6.1 Global Ethylene And Propylene Sales By Application
6.1.1 Global Ethylene And Propylene Historical Sales By Application (2017-2022)
6.1.2 Global Ethylene And Propylene Forecasted Sales By Application (2023-2028)
6.1.3 Global Ethylene And Propylene Sales Market Share By Application (2017-2028)
6.2 Global Ethylene And Propylene Revenue By Application
6.2.1 Global Ethylene And Propylene Historical Revenue By Application (2017-2022)
6.2.2 Global Ethylene And Propylene Forecasted Revenue By Application (2023-2028)
6.2.3 Global Ethylene And Propylene Revenue Market Share By Application (2017-2028)
6.3 Global Ethylene And Propylene Price By Application
6.3.1 Global Ethylene And Propylene Price By Application (2017-2022)
6.3.2 Global Ethylene And Propylene Price Forecast By Application (2023-2028)
7 Usmca
7.1 Usmca Ethylene And Propylene Market Size By Type
7.1.1 Usmca Ethylene And Propylene Capacity By Type (2017-2028)
7.1.2 Usmca Ethylene And Propylene Sales By Type (2017-2028)
7.1.3 Usmca Ethylene And Propylene Revenue By Type (2017-2028)
7.2 Usmca Ethylene And Propylene Market Size By Application
7.2.1 Usmca Ethylene And Propylene Sales By Application (2017-2028)
7.2.2 Usmca Ethylene And Propylene Sales Market Share Market Share By Application (2017-2028)
7.3 Usmca Ethylene And Propylene Sales By Country
7.3.1 Usmca Ethylene And Propylene Sales By Country (2017-2028)
7.3.2 Usmca Ethylene And Propylene Revenue By Country (2017-2028)
7.3.3 United States
7.3.4 Mexico
7.3.5 Canada
8 Europe
8.1 Europe Ethylene And Propylene Market Size By Type
8.1.1 Europe Ethylene And Propylene Capacity By Type (2017-2028)
8.1.2 Europe Ethylene And Propylene Sales By Type (2017-2028)
8.1.3 Europe Ethylene And Propylene Revenue By Type (2017-2028)
8.2 Europe Ethylene And Propylene Market Size By Application
8.2.1 Europe Ethylene And Propylene Sales By Application (2017-2028)
8.2.2 Europe Ethylene And Propylene Sales Market Share Market Share By Application (2017-2028)
8.3 Europe Ethylene And Propylene Market Size By Country
8.3.1 Europe Ethylene And Propylene Sales By Country (2017-2028)
8.3.2 Europe Ethylene And Propylene Revenue By Country (2017-2028)
8.3.3 Germany
8.3.4 Netherlands
8.3.5 France
8.3.6 United Kingdom
8.3.7 Belgium
8.3.8 Spain
8.3.9 Italy
9 Asia Pacific
9.1 Asia Pacific Ethylene And Propylene Market Size By Type
9.1.1 Asia Pacific Ethylene And Propylene Capacity By Type (2017-2028)
9.1.2 Asia Pacific Ethylene And Propylene Sales By Type (2017-2028)
9.1.3 Asia Pacific Ethylene And Propylene Revenue By Type (2017-2028)
9.2 Asia Pacific Ethylene And Propylene Market Size By Application
9.2.1 Asia Pacific Ethylene And Propylene Sales By Application (2017-2028)
9.2.2 Asia Pacific Ethylene And Propylene Sales Market Share Market Share By Application (2017-2028)
9.3 Asia Pacific Ethylene And Propylene Market Size By Region
9.3.1 Asia Pacific Ethylene And Propylene Sales By Region (2017-2028)
9.3.2 Asia Pacific Ethylene And Propylene Revenue By Region (2017-2028)
9.3.3 China
9.3.4 South Korea
9.3.5 India
9.3.6 Japan
9.3.7 China Taiwan
9.3.8 Thailand
9.3.9 Singapore
10 Middle East And Africa
10.1 Middle East And Africa Ethylene And Propylene Market Size By Type
10.1.1 Middle East And Africa Ethylene And Propylene Capacity By Type (2017-2028)
10.1.2 Middle East And Africa Ethylene And Propylene Sales By Type (2017-2028)
10.1.3 Middle East And Africa Ethylene And Propylene Revenue By Type (2017-2028)
10.2 Middle East And Africa Ethylene And Propylene Market Size By Application
10.2.1 Middle East And Africa Ethylene And Propylene Sales By Application (2017-2028)
10.2.2 Middle East And Africa Ethylene And Propylene Sales Market Share Market Share By Application (2017-2028)
10.3 Middle East And Africa Ethylene And Propylene Market Size By Country
10.3.1 Middle East And Africa Ethylene And Propylene Sales By Country (2017-2028)
10.3.2 Middle East And Africa Ethylene And Propylene Revenue By Country (2017-2028)
10.3.3 Saudi Arabia
10.3.4 Iran
11 Cis
11.1 Cis Ethylene And Propylene Market Size By Type
11.1.1 Cis Ethylene And Propylene Capacity By Type (2017-2028)
11.1.2 Cis Ethylene And Propylene Sales By Type (2017-2028)
11.1.3 Cis Ethylene And Propylene Revenue By Type (2017-2028)
11.2 Cis Ethylene And Propylene Market Size By Application
11.2.1 Cis Ethylene And Propylene Sales By Application (2017-2028)
11.2.2 Cis Ethylene And Propylene Sales Market Share Market Share By Application (2017-2028)
11.3 Cis Ethylene And Propylene Market Size By Country
11.3.1 Cis Ethylene And Propylene Sales By Country (2017-2028)
11.3.2 Cis Ethylene And Propylene Revenue By Country (2017-2028)
11.3.3 Russia
12 Central & South America
12.1 Central & South America Ethylene And Propylene Market Size By Type
12.1.1 Central & South America Ethylene And Propylene Capacity By Type (2017-2028)
12.1.2 Central & South America Ethylene And Propylene Sales By Type (2017-2028)
12.1.3 Central & South America Ethylene And Propylene Revenue By Type (2017-2028)
12.2 Central & South America Ethylene And Propylene Market Size By Application
12.2.1 Central & South America Ethylene And Propylene Sales By Application (2017-2028)
12.2.2 Central & South America Ethylene And Propylene Sales Market Share Market Share By Application (2017-2028)
12.3 Central & South America Ethylene And Propylene Market Size By Country
12.3.1 Central & South America Ethylene And Propylene Sales By Country (2017-2028)
12.3.2 Central & South America Ethylene And Propylene Revenue By Country (2017-2028)
12.3.3 Brazil
12.3.4 Argentina
13 Company Profiles
13.1 Sinopec
13.1.1 Sinopec Key Information
13.1.2 Sinopec Businesses Overview
13.1.3 Sinopec Ethylene And Propylene Capacity, Sales, Price, Revenue And Gross Margin (2017-2022)
13.1.4 Sinopec Ethylene And Propylene Products And Services
13.2 Dow
13.2.1 Dow Key Information
13.2.2 Dow Businesses Overview
13.2.3 Dow Ethylene And Propylene Capacity, Sales, Price, Revenue And Gross Margin (2017-2022)
13.2.4 Dow Ethylene And Propylene Products And Services
13.3 Lyondellbasell
13.3.1 Lyondellbasell Key Information
13.3.2 Lyondellbasell Businesses Overview
13.3.3 Lyondellbasell Ethylene And Propylene Capacity, Sales, Price, Revenue And Gross Margin (2017-2022)
13.3.4 Lyondellbasell Ethylene And Propylene Products And Services
13.4 Exxon Mobil
13.4.1 Exxon Mobil Corporation Information
13.4.2 Exxon Mobil Overview
13.4.3 Exxon Mobil Ethylene And Propylene Capacity, Sales, Price, Revenue And Gross Margin (2017-2022)
13.4.4 Exxon Mobil Ethylene And Propylene Products And Services
13.5 Aramco
13.5.1 Aramco Key Information
13.5.2 Aramco Businesses Overview
13.5.3 Aramco Ethylene And Propylene Capacity, Sales, Price, Revenue And Gross Margin (2017-2022)
13.5.4 Aramco Ethylene And Propylene Products And Services
13.6 Adnoc
13.6.1 Adnoc Key Information
13.6.2 Adnoc Businesses Overview
13.6.3 Adnoc Ethylene And Propylene Capacity, Sales, Price, Revenue And Gross Margin (2017-2022)
13.6.4 Adnoc Ethylene And Propylene Products And Services
13.7 Cnpc
13.7.1 Cnpc Key Information
13.7.2 Cnpc Businesses Overview
13.7.3 Cnpc Ethylene And Propylene Capacity, Sales, Price, Revenue And Gross Margin (2017-2022)
13.7.4 Cnpc Ethylene And Propylene Products And Services
13.8 Shell
13.8.1 Shell Key Information
13.8.2 Shell Businesses Overview
13.8.3 Shell Ethylene And Propylene Capacity, Sales, Price, Revenue And Gross Margin (2017-2022)
13.8.4 Shell Ethylene And Propylene Products And Services
13.9 Formosa Plastics Group
13.9.1 Formosa Plastics Group Key Information
13.9.2 Formosa Plastics Group Businesses Overview
13.9.3 Formosa Plastics Group Ethylene And Propylene Capacity, Sales, Price, Revenue And Gross Margin (2017-2022)
13.9.4 Formosa Plastics Group Ethylene And Propylene Products And Services
13.10 Npc
13.10.1 Npc Key Information
13.10.2 Npc Businesses Overview
13.10.3 Npc Ethylene And Propylene Capacity, Sales, Price, Revenue And Gross Margin (2017-2022)
13.10.4 Npc Ethylene And Propylene Products And Services
14 Industry Chain And Sales Channels Analysis
14.1 Ethylene And Propylene Industry Chain Analysis
14.2 Ethylene And Propylene Key Raw Materials
14.3 Ethylene And Propylene Production Mode & Process
15 Key Findings In The Global Ethylene And Propylene Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 Disclaimer
List Of Tables
Table 1. Global Ethylene And Propylene Market Size Growth Rate By Type, 2017 Vs 2021 Vs 2028 (Us$ Million)
Table 2. Global Ethylene And Propylene Market Size Growth Rate By Application, 2017 Vs 2021 Vs 2028 (Us$ Million)
Table 3. Global Ethylene And Propylene Production By Region: 2017 Vs 2021 Vs 2028 (Kmt)
Table 4. Global Ethylene And Propylene Production By Region (2017-2022) & (Kmt)
Table 5. Global Ethylene And Propylene Production Market Share By Region (2017-2022)
Table 6. Global Ethylene And Propylene Production By Region (2023-2028) & (Kmt)
Table 7. Global Ethylene And Propylene Production Market Share By Region (2023-2028)
Table 8. Global Ethylene And Propylene Revenue By Region: 2017 Vs 2021 Vs 2028 (Us$ Million)
Table 9. Global Ethylene And Propylene Sales By Region (2017-2022) & (Kmt)
Table 10. Global Ethylene And Propylene Sales Market Share By Region (2017-2022)
Table 11. Global Ethylene And Propylene Sales By Region (2023-2028) & (Kmt)
Table 12. Global Ethylene And Propylene Sales Market Share By Region (2023-2028)
Table 13. Global Ethylene And Propylene Revenue By Region (2017-2022) & (Us$ Million)
Table 14. Global Ethylene And Propylene Revenue Market Share By Region (2017-2022)
Table 15. Global Ethylene And Propylene Revenue By Region (2023-2028) & (Us$ Million)
Table 16. Global Ethylene And Propylene Revenue Market Share By Region (2023-2028)
Table 17. Global Ethylene And Propylene Production Capacity By Manufacturers (2017-2022) & (Kmt)
Table 18. Global Ethylene And Propylene Capacity Market Share By Manufacturers (2017-2022)
Table 19. Global Ethylene And Propylene Sales By Manufacturers (2017-2022) & (Kmt)
Table 20. Global Ethylene And Propylene Sales Share By Manufacturers (2017-2022)

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