Regional Analysis
Global Ethylene Market Regional Insights:
- Asia Pacific is expected to be the largest market for ethylene during the forecast period, accounting for over 42.0% of the market share in 2023. Positive economic and demographic trends, rising demand for petrochemical derivatives, and other factors are driving the market’s revenue growth.
- North America is expected to account for over 25% of the market share in 2023. The expansion of the region's ethylene production, increased demand for plastics and basic chemicals, and technological developments contribute to an increase in market revenue.
- Latin America is expected to account for over 17% of the market share in 2023, due to steady growth in the petrochemical and polymer industries.
Geographies covered: | - 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: GCC Countries, Israel, and Rest of Middle East, South Africa, North Africa, and Central Africa
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