Global Ethylene Market Trajectory & Analytics 2021-2027: 4% CAGR Forecast with Market Set to Reach 207.4 Million Tonnes by 2027 - ResearchAndMarkets.com

Amid the COVID-19 crisis, the global market for Ethylene, estimated at 158 Million Tonnes in the year 2020, is projected to reach a revised size of 207.4 Million Tonnes by 2027, growing at a CAGR of 4% over the analysis period 2020-2027.

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Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Thursday, August 19, 2021
Information
Tags: 
Chemicals, Plastics, Manufacturing, CAGR, LDPE, Growth, COVID-19, HDPE, Ethylene oxide, Fossil fuel, Pet
Geotags: 
JAPAN, EUROPE, LATIN AMERICA, CHINA, INDIA, SOUTH KOREA, USA, AUSTRALIA, CANADA, GERMANY
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Summary
Key Points: 
  • Amid the COVID-19 crisis, the global market for Ethylene, estimated at 158 Million Tonnes in the year 2020, is projected to reach a revised size of 207.4 Million Tonnes by 2027, growing at a CAGR of 4% over the analysis period 2020-2027.
  • LDPE, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach 100.1 Million Tonnes by the end of the analysis period.
  • The Ethylene market in the U.S. is estimated at 42.7 Million Tonnes in the year 2020.
  • China, the world's second largest economy, is forecast to reach a projected market size of 42.2 Million Tonnes by the year 2027 trailing a CAGR of 6.5% over the analysis period 2020 to 2027.


The "Ethylene - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Ethylene, estimated at 158 Million Tonnes in the year 2020, is projected to reach a revised size of 207.4 Million Tonnes by 2027, growing at a CAGR of 4% over the analysis period 2020-2027.

LDPE, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach 100.1 Million Tonnes by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the HDPE segment is readjusted to a revised 3.9% CAGR for the next 7-year period.

The Ethylene market in the U.S. is estimated at 42.7 Million Tonnes in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of 42.2 Million Tonnes by the year 2027 trailing a CAGR of 6.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.

In the global Ethylene Oxide segment, USA, Canada, Japan, China and Europe will drive the 3.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of 17.7 Million Tonnes in the year 2020 will reach a projected size of 22.3 Million Tonnes by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 27.2 Million Tonnes by the year 2027, while Latin America will expand at a 3.8% CAGR through the analysis period.

Select Competitors Featured:

  • China Petroleum & Chemical Corporation (SINOPEC)
  • E. I. du Pont De Nemours and Company
  • Exxon Mobil Corporation
  • LyondellBasell Industries NV
  • Royal Dutch Shell PLC
  • SABIC (Saudi Basic Industries Corporation)

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • A Prelude to Ethylene

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Ethylene: Current Market Scenario and Outlook
  • Global Ethylene Market Outlook
  • US to Dominate the Ethylene Market
  • Bio-Based Ethylene Market Overview
  • Polyethylene: The Largest Category of Ethylene Market

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Ethylene Market Drivers and Restraints
  • Cost Analysis

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 129

For more information about this report visit https://www.researchandmarkets.com/r/wlqegk

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