Olefins Market Revenue Analysis & Region and Country Forecast
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 global Olefins industry has been broadly categorized in terms of product type, application spectrum, end-user industry, and an intensely competitive landscape. The report inspects the current market scenario, past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available. Further, into the study, the report predicts the prospective growth of the market’s leading regional segments. A lucid outline of the competitive scenario of the Olefins market is likely to help businesses involved in this sector decipher the optimal business moves to reach their desired business goals.
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Key Players operating in the industry are:
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
Radical Features of the Olefins Market Report:
- The report encompasses Olefins market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Olefins industry
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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
Regional Analysis Covers:
- 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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