Ethylene Market 2018 to 2023 Booming Trends, Share, Growth & Forecast

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Ethylene Market Trends, Size, Top 10 Key Players
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2
Ethylene Market Research Report Global Forecast
to 2023
Market Overview / Study Objective / Synopsis
Ethylene belongs to a class of organic compounds
that contain carbon-carbon double bonds. The
product is obtained from petroleum or natural gas
in the form of flammable gas. It is colorless in
nature with a characteristic sweet smell.
Moreover, its lightweight nature, flexibility,
and durable nature are the important trends and
factors promoting the market positively.
Therefore, they are used in various applications
such as packaging, automotive, construction,
agrochemical, textile, and others.
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Ethylene Market Research Report Global Forecast
to 2023
Competitive Analysis
Among the various segments in ethylene market,
the polyethylene segment has witnessed a
significant growth due to its extensive use in
plastic bags, plastic films, geomembranes, and
others. It is estimated that the ethylene oxide
segment is set to grow at a higher CAGR on
account of increasing demand for the product in
automotive coolants, industrial coolants,
detergents, and others. It is widely used as an
intermediate in the production of flexible and
rigid polyurethane foams, brake fluids,
water-soluble solvents, and others
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Ethylene Market Research Report Global Forecast
to 2023
Top 10 Global key Players Their Strategy

• SABIC (Saudi Arabia),
• DowDuPont (U.S),
• Exxon Mobil Corporation (U.S.),
• Royal Dutch Shell plc (the Netherlands),
• China Petrochemical Corporation (China),
• Total SA (Italy),
• Chevron Phillips Chemical Company (U.S.),
• LyondellBasell Industries Holdings B.V. (the
  Netherlands),
• National Petrochemical Company (Iran),
• Ineos (Switzerland), among others.

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Ethylene Market Research Report Global Forecast
to 2023
Segmentation Analysis
The global Ethylene market is segmented into type
and application. On the basis of product, the
market is segregated into benzene, toluene,
o-xylene, p-xylene, and rubber segments. The
market by application is further categorized into
paints coating, automotive, pharmaceuticals,
oil gas, chemicals, and others.
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Ethylene Market Research Report Global Forecast
to 2023
Regional Analysis
The global ethylene market is spanned across five
regions of the world namely Asia Pacific, Europe,
North America, Latin America, and the Middle East
Africa. Among these, Asia Pacific holds the
major share of the global market and is projected
to continue leading, owing to the increasing
consumption of plastics in packaging, automotive,
construction, agrochemical, textile, and others.
It is estimated that the packaging segment is set
to observe the highest CAGR in the market due to
growing use of thermoplastics in containers,
molded bottles, and other applications.
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