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 study offers a clear understanding of the current market scenario owing to the COVID-19 pandemic and offers a comprehensive analysis of the current and future impact of the pandemic on the overall market landscape. The economic landscape and the market environment have observed drastic changes due to the social restrictions and government-enforced lockdowns imposed to curb the spread of COVID-19. The report is furnished with the latest scenario and growth outlook of the market with regard to the impact of the pandemic.

 

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Competitive Outlook: The leading companies operating in the Olefins market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Olefins Market and Profiled in the Report 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

Objectives of the Report:

Study of the global Olefins market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Olefins market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Olefins market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Olefins market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

  • 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:

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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