Advances in Olefins: Understanding the Market and Its Potential
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 latest report, titled ‘Global Olefins Market,’ offers a holistic outlook of the global Olefins market, bringing the significant paradigm shifts in the market to readers’ attention. The report is targeted at the readers who take enormous interest in this business sector and look forward to capitalizing on the study’s deep insights to make strategic business decisions. The latest study is a compilation of the industry-wide data & information intended to help create a database containing all the fundamental aspects of the Olefins market. The report takes a closer look at the historical and current market scenarios to accurately predict the global Olefins market outlook over the forecast duration (2019-2027).
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The leading market contenders listed 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
Key reasons to buy the Global Olefins Market report:
- The latest report comprehensively studies the global Olefins market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Olefins Market
-
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
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Regional Outlook of the Olefins Market
The global Olefins market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Olefins market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Olefins Market report:
- The latest report comprehensively studies the global Olefins market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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