Global Ethylene- Market Overview:
Ethylene functions as a basic building block within the chemical industry. It is widely used in manufacturing of polyethylene, ethylene glycol, and other derivatives for diverse applications. The ethylene market is witnessing steady growth due to rising demand from emerging economies and significant advancements in manufacturing technology. The expansion of the e-commerce sector and the increasing demand for flexible packaging solutions are the key drivers for ethylene market growth. In addition, investments in recycling technology and bio-based polymers offer significant growth opportunities. However, the market is exposed to fluctuations in raw material prices, such as naphtha and natural gas, which impact production costs and overall market stability.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Inclination Towards the Bio-Based and Biodegradable Polymers and Focus on R&D of Methane and Bio-Based Feed Stocks for Ethylene Production
Market Growth Drivers:
Increasing Demand of Packaging Materials Due to Rapid Growth of E-commerce and Food & Beverage Industry and Industrial and Infrastructural Growth Across the Globe is Increasing Demand for Ethylene-Based Products
Challenges:
Intense Competition in the Market Due to Presence of Major Dominating Players
Restraints:
Fluctuations in Price of Naphtha and Natural Gas May Impact the Production Costs
Opportunities:
Rapid Industrialization and Urbanization in Asian Countries Especially in China & India and Demand of Lightweight Materials in Automotive Industry and Penetration of Electric Vehicles
Competitive Landscape:
The key players are targeting the innovations of the Solutions with better quality, better technical characteristics. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market.
Some of the key players profiled in the report are Lummus Technology (United States), Linde plc (Ireland), Dow Chemical Company (United States), Exxon Mobil Corporation (United States), BASF SE (Germany), Chevron Phillips Chemical Company LLC (United States), INEOS Group Ltd. (United Kingdom), LyondellBasell Industries Holdings (Netherlands), Royal Dutch Shell PLC (United Kingdom), TotalEnergies SE (France), SINOPEC (China), Saudi Basic Industries Corporation (Saudi Arabia), Mitsubishi Chemical Corporation (Japan) and Reliance Industries Limited (India). Analyst at AMA Research see United States & European Vendors to retain maximum share of Global Ethylene- market by 2030. Considering Market by End-User, the sub-segment i.e. Building & Construction will boost the Ethylene- market. Considering Market by Feedstock, the sub-segment i.e. Naphtha will boost the Ethylene- market. Considering Market by Production Method, the sub-segment i.e. Fluid Catalytic Cracking (FCC) will boost the Ethylene- market.
What Can be Explored with the Ethylene- Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Ethylene- Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Ethylene-
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Ethylene- market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Ethylene- market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Chemical Manufacturers, Suppliers & Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.