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ETHYLENE AND PROPYLENE MARKET ANALYSIS

Ethylene And Propylene Market, By Derivative Type (Ethylene (Polyethylene (HDPE, LDPE, and LLDPE), Ethylene Oxide, Others (Ethylene Dichloride etc.)), Propylene (Polypropylene, Propylene Oxide, Others (Cumene, Acrylonitrile etc.))), By Application (Chemical & Petrochemicals, Pharmaceuticals, Paints & Coatings, Others (Metal Fabrication etc.)), and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)

  • Published In : Apr 2023
  • Code : CMI3007
  • Pages :160
  • Formats :
      Excel and PDF
  • Industry : Bulk Chemicals

Regional Analysis

Ethylene And Propylene Market: Regional Analysis

Asia Pacific accounted for significant market share in the ethylene & propylene market in 2022, and is expected to witness significant growth over the forecast period. This is owing to the increasing demand for ethylene & propylene derivatives by various end-use industries such as automobile and packaging. This, in turn, has led companies in the region to invest in expanding the capacity of ethylene & propylene production plants. For instance, in 2015, in India, ethylene capacity expansion from 1.9 MMT to 3.2 MMT was planned by Reliance Industries in Jamnagar 3 project.

Figure 2. Global Ethylene And Propylene Market, By Region 2022

  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East & Africa
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