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Ethylene Market

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Title: Ethylene Market


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Ethylene Market Global Industry Analysis,
Trends, Market Size Forecasts to 2023
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Infinium Global Research has added a new report
on Global Ethylene Market. The report predicts
the market size of Ethylene is expected to reach
XX billion by 2023. Ethylene is a colorless
flammable hydrocarbon gas of the alkene series
derived from natural gas and petroleum and also
occurring as natural plant hormone used as a
source of many organic compounds, in welding and
cutting metals, ripening of fruits, and as an
anesthetic. Ethylene is a gas with a slightly
sweet smell that burns easily, used in industry
as well as a feedstock. Ethylene is mainly used
as a feedstock in the manufacture of varied of
chemical compounds including ethylene benzene,
ethylene oxide, polyethylene, vinyl acetate and
alpha olefins. The derivatives of these
compounds are used industrial applications such
as packaging, automotive, agrochemicals,
detergents and soaps and construction and
textiles. Get a Sample Report _at_
https//www.infiniumglobalresearch.com/Reports/Mak
eSampleRequest/106 Market Insights The global
ethylene market was sized over USD 170.5 billion
in 2015. The global ethylene market is projected
to reach USD 253 billion by 2023, growing with a
CAGR of 5.7 to 6.4 from 2017 to 2023. The
increasing demand for ethylene derivatives in
packaging is the key factor driving the growth of
global ethylene market over the forecast period.
Rising demand of ethylene derivatives from
construction industry is another factor driving
the growth of this market, increasing usage of
ethylene derivatives such as ethylene dichloride,
polyethylene and ethyl benzene drive this market
in application segment. Moreover, demand from
automotive applications is also anticipated to
drive the growth of global ethylene market over
the forecast period. However, fluctuating prices
of crude oil which is basically needed for the
production of ethylene and its derivates as well
as the stringent government regulations regarding
the production of ethylene are the prime
restraining factor of global ethylene market.
Furthermore, using coal as the feedstock to
produce ethylene by many countries will bring
more opportunities to this market. Growing
consumption and increasing plans of government
to invest in infrastructure development will
likely to bring more opportunities. Segments
Covered The report segments the global ethylene
market by application, by end-user, and region.
The application includes polyethylene, ethylene
oxide, ethylene benzene, ethylene dichloride and
others. On the basis of end-user, the market has
been segmented into packaging, automotive,
construction, agrochemical, textile and
others. Make an Enquiry _at_ https//www.infiniumglo
balresearch.com/Reports/MakeEnquiryRequest/106
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  • Key topics covered
  • Preface
  • Executive Summary
  • Global Ethylene Market Overview
  • Global Ethylene Market IGR Snapshots
  • Global Ethylene market by Application (USD
    Million, KT) 2017 2023
  • Global Ethylene market by End-User (USD Million,
    KT) 2017 2023
  • Global Ethylene Market Analysis, by Region (USD
    Million, KT) 2017 2023
  • Company Profiles
  • Click to View Complete Report _at_
    https//www.infiniumglobalresearch.com/chemical_ma
    terial/ethylene_market
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