Global Ethylene Market Scenario Studied by GlobalData in Topical Report Available at MarketPublishers.com23 Dec 2014 • by Natalie Aster
LONDON – The global ethylene supply scenario is witnessing certain changes all over the globe today. The volumes of ethylene supply in North America are likely to increase considerably in the future years. The growth in the region is driven by the availability of abundant and inexpensive raw materials (natural gas liquids (NGLs)) resources in the region together with establishments of novel manufacturing units in the region.
In the meantime, the further growth in the European ethylene market is tightened by high production costs and high crude oil prices (as the majority of ethylene plants in Europe is based on naphtha raw materials).
Significant growth of ethylene supply has been recently observed in the Middle East and Africa. In 2013, ethylene capacity in these regions was even higher than in North America. Ethylene producers in the Middle East benefit from the availability of subsidized and cheaper NGLs feedstock and the proximity to the Asian markets, posting rocketing ethylene demand.
The APAC region is expected to remain the growth engine of the worldwide ethylene market. The region accounted for more than half of the annual ethylene market growth in 2013, with China holding the dominant position.
Topical research report “Global Ethylene Outlook - Continuing Global Expansion of Ethylene Capacity through 2020 Led by the US and China” elaborated by GlobalData presents an all-round investigation of the world ethylene market landscape. The topical report contains detailed statistics on the ethylene capacity by key regions, provides historic and forecast figures on ethylene output and overviews the total market size. It discusses global ethylene installed capacity and gives wealth of unique data on the demand and pricing trends. Furthermore, the comprehensive report thoroughly examines the competitive scenario and encloses detailed profiles of the top companies including SABIC, Dow Chemical and ExxonMobil Corporation. Moreover, the report overviews the main end-use sectors, discusses the market drivers and unveils details on the projected ethylene plants. Future market outlook till 2020 is included in the report, too.
Global Ethylene Outlook - Continuing Global Expansion of Ethylene Capacity through 2020 Led by the US and China
Published: November, 2014
Price: US$ 3,000.00
More in-demand reports by the researcher can be found at GlobalData page.