Ethylene Market Revenue To Scale Up To Highest Peak With USD 237.2 Bn Earnings By 2028

10-Nov-2021 | Zion Market Research

As per the study of Zion Market Research study, Ethylene industry amassed earnings about US$ 147.2 billion in 2020 and is prognosis to accrue profits of approximately US$ 237.2 billion by 2028. Moreover, Ethylene market is projected to record a CAGR of approximately 9.9% in 2021-2028. Apparently, growth of Ethylene market over assessment period can be credited to surge in production of chemical compound in countries such as the U.S. and China.  Large availability of shale gas in country like the U.S. will further contribute towards size of ethylene industry. Apparently, increase in working populace across globe has culminated into humungous demand for packaged food products and this has increased demand for ethylene due to its use in producing thin films for food packaging. Thriving construction & infrastructure industry will further contribute towards market proceeds. Furthermore, immense use of polyethylene in fuel tanks, vehicle bodies, and electric insulation cables will enlarge scope of ethylene market in forecasting timeframe. Growing focus of manufacturers on producing products with less GHG emissions as a part of their corporate social responsibility strategy will further expedite expansion of ethylene industry in forthcoming timeline.

Ethylene Oxide Segment To Dominate Application Landscape By 2028

Growth of ethylene oxide segment over assessment period can be credited to massive demand for product in countries such as China, India, South Korea, and Australia. In addition to this, rise in import & consumption of ethylene oxide in Canada and the U.S. will segmental growth. For the record, the segment is projected to register highest gains of 3.4% during forecast timespan.

Global Ethylene Market

North America To Dominate Ethylene Market Growth Over 2021-2028

Expansion of ethylene market in North America over forecast timespan can be credited to increase in inventories of product in the U.S. offsetting surge in raw material costs. In addition to this, increase in supply of natural gas liquids as raw materials along with increase in drilling activities in countries to fulfill extensive demand for product has culminated into humongous growth of ethylene market in region. Ample use of ethylene derivatives in U.S. post COVID and swift economic recovery has translated into huge product penetration in the sub-continent. Additionally, efforts of downstream manufacturers to re-stock raw material inventories post disruptions due to Uri Storm has enlarged use of ethylene in the U.S, thereby driving regional market trends. Increase in export of ethylene from U.S. to other countries due to truncation in pricing has carved a new path of growth for ethylene market in the country. This has resulted in elevated growth of ethylene market in region.

Key players influencing market growth and profiled in study include China Petroleum & Chemical Corporation, Royal Dutch Shell plc, ExxonMobil Corporation, Total S.A., Saudi Basic Industries Corporation (SABIC), LyondellBasell Industries, Huntsman Corporation, DuPont de Nemours, Inc., Akzo Nobel N.V., and Clariant AG.

Browse the full Ethylene Market- By Feedstock (Naphtha, Propane, Butane, And Ethane), By End-Use Industry (Automotive, Building & Construction, Agriculture & Agrochemicals, Packaging, And Textiles), By Application (Polyethylene, Ethyl Benzene, Ethylene Dichloride, And Ethylene Oxide), And By Region- Global Industry Perspective, Comprehensive Analysis, And Forecast, 2021 – 2028.” Report at

The global Ethylene Market is segmented as follows:

By Feedstock

  • Ethane
  • Naphtha
  • Propane
  • Butane

By End-Use Industry

  • Automotive
  • Textiles
  • Building & Construction
  • Agriculture & Agrochemicals
  • Packaging

By Application

  • Polyethylene
  • Ethylene Oxide
  • Ethyl Benzene
  • Ethylene Dichloride

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651

Office Address

Contact Us

Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • paypal
  • amazon
  • visa
  • master card

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed