Ethylene market size, share, development, growth and demand forecast to 2020

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The global ethylene market is driven by growth in the use of polyethylene mainly for consumables; ethylene glycol/oxide for polyethylene terephthalate (PET) resins for PET fiber, bottles and other packaging; and ethylene dichloride for PVC plastic uses in construction and pipe. Polyethylene, the largest ethylene derivative, accounts for majority of the global ethylene consumption. Markets of polyethylene include film, packaging, containers and articles for home and light industrial use.

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  • GLOBAL INDUSTRY INSIGHT: Ethylene Market Size, Share, Development, Growth and Demand Forecast

    to 2020

  • P&S Market Research. All rights reserved 2

    Global Ethylene Market Size, Share, Development, Growth and

    Demand Forecast to 2020

    The global ethylene market is driven by growth in the use of polyethylene mainly for consumables; ethylene

    glycol/oxide for polyethylene terephthalate (PET) resins for PET fiber, bottles and other packaging; and ethylene

    dichloride for PVC plastic uses in construction and pipe. Polyethylene, the largest ethylene derivative, accounts

    for majority of the global ethylene consumption. Markets of polyethylene include film, packaging, containers and

    articles for home and light industrial use.

    The increasing applications of ethylene intermediates in various industries are expected to drive the demand for

    ethylene. Ethylene oxide is mainly used to produce ethylene glycol which is a pre-product for polyester. The basic

    raw materials for making polymers such as polypropylene, polyethylene, butyl rubber and acrylics among others

    which are obtained from ethylene, make ethylene a major driver for chemical production.

    For more information visit: https://www.psmarketresearch.com/market-analysis/ethylene-market

    Ethylene is a colorless flammable gas with a musky odor. It is the simplest alkene and unsaturated hydrocarbon

    after acetylene. It is extensively used in agriculture as a plant hormone to ripen fruits; it is also used in the

    chemical industry to produce ethyl benzene, polyethylene, ethylene dichloride, and ethylene oxide among others.

    The ethylene production methods include steam cracking of paraffinic hydrocarbons or by separation from

    refinery gas. Industrial reactions of ethylene include alkylation, halogenation, polymerization, oxidation, hydro

    halogenation and others.

    The production of textile fibers is growing significantly, especially in Asia-Pacific. In addition, producers of

    ethylene oxide have already been able to profit from the worldwide growing substitution of glass by PET bottles

    and containers. Furthermore, ethylene is used as a welding gas and as an anesthetic agent.

    On the basis of applications of ethylene, the global ethylene market has been segmented into high density

    polyethylene (HDPE), low-density polyethylene (LDPE) and linear low density polyethylene (LLDPE), and

    intermediates of petrochemicals, mainly used for the production of plastics. The most important of these

    are ethylene dichloride and ethylbenzene and ethylene oxide.

    The methods of ethylene production include separation from refinery gas or by steam cracking of paraffinic

    hydrocarbons. Light gas oil and naphtha are the most common feedstock for ethylene manufacturing, which are

    by-products of crude oil filtering, some other feedstock for the manufacturing of ethylene include gases such as

    propane, butane and ethane, which are obtained from Natural Gas Liquids (NGLs).

    One of the major trends in global ethylene market is the increased investments for capacity addition. The low

    costs involved and the increased capacity in ethylene production causes an overflow of ethylene in the market,

    causing additional price reductions, which is a key trend in the ethylene market.

  • P&S Market Research. All rights reserved 3

    Global Ethylene Market Size, Share, Development, Growth and

    Demand Forecast to 2020

    Another application area of huge growth potential in the ethylene market is the production of ethylene oxide.

    Natural Gas Liquids feedstock in the US has enabled less expensive ethane production, and this is driving

    investments through large-scale capacity additions in the area. New investments are being shifted to the U.S.

    which is one of the key drivers contributing to the growth of ethylene market.

    As ethylene is combustible and carcinogenic, stringent regulations on the use of ethylene are expected to hamper

    the ethylene market. In addition, volatility in the feedstock cost along with rising competition within industry

    players also obstructs the growth of global ethylene market.

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    Some of the major competitors of the global ethylene market are Equistar Chemicals, BASF SE, LP, ExxonMobil

    Corporation, Chevron Phillips Chemical Company, The Dow Chemical Company, Formosa Plastics Corporation,

    U.S.A., INEOS, Sasol Ltd, Shell Chemical LP and Westlake Chemical Corporation among others.

    Browse more reports on Chemical Materials and Energy: https://www.psmarketresearch.com/industry-report/chemicals-materials-and-energy

  • P&S Market Research. All rights reserved 4

    Global Ethylene Market Size, Share, Development, Growth and

    Demand Forecast to 2020

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