The global olefins market size was USD 213 Billion in 2023 and is expected to register a revenue CAGR of 4.8 % during the forecast period. Increasing application of ethylene in plastics is a major factor driving market revenue growth. Ethylene is used in manufacturing polythene, plastic bottles, and others. High-density polyethylene is a plastic polymer with flexible properties that are resistant to impact and chemicals, making it suitable for healthcare and laboratory environments.
The comprehensive assessment of value chain of the Olefins industry is emphasized in the report to help business owners, stakeholder and field marketing personnel get a clear understanding of the key competency of the different activities involved. The market opportunity analysis offered in the market intelligence report measures various intangible factors such as gross margin, profit, demand and supply, distribution channel and spending power of the customers. Importantly, the study classifies the industry into an array of segments based on product type, application and consumer preference. The evaluation of the various segments is useful in getting clarity about the growth areas and viable opportunities in the Olefins market for the forecast period, 2019 to 2032.
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Key companies operating in the Olefins market include:
BASF SE, Exxon Mobil Corporation, Sumitomo Chemical Co., Ltd., LyondellBasell Industries Holdings B.V, SABIC, Mitsubishi Chemical Corporation, Chevron Phillips Chemical Company LLC, INEOS, Idemitsu Kosan Co., Ltd, Occidental Petroleum Corporation
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Olefins market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Olefins Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Olefins Market Segmentation:
-
Product Type Outlook (Revenue, Volume, USD Billion, Kilotonnes; 2019-2032)
- Olefin oxides
- Olefin glycols
- Ethylbenzene
- Polyolefins
- Cumene
-
Type Outlook (Revenue, Volume, USD Billion, Kilotonnes; 2019-2032)
- Ethylene
- Butadiene
- Propylene
- Butylene
- Others
-
Application Outlook (Revenue, Volume, USD Billion, Kilotonnes; 2019-2032)
- Synthetic Lubricants
- Polythene
- Detergent Alcohol
- Cosmetics
- Plasticizers
- Adhesives
- Others
Olefins Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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