Global Ethylene Market 2024-2028

The ethylene market is forecasted to grow by USD 57.7 bn during 2023-2028, accelerating at a CAGR of 6.27% during the forecast period. The report on the ethylene market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for polyethylene products from various industries, growth in the flexible packaging industry, and increasing focus on recyclability.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	5.76%
CAGR	6.27%
Incremental Value	$57.7bn

Technavio's ethylene market is segmented as below:

By Feedstock

Naphtha
Ethane
LPG
Others

By Application

LDPE
HDPE
Ethylene oxide
Vinyls
Others

By Geographical Landscape

APAC
North America
Middle East and Africa
Europe
South America

This study identifies the emergence of bio-ethylene as one of the prime reasons driving the ethylene market growth during the next few years. Also, increasing innovation in the packaging sector and the versatility of ethylene as a key chemical building block will lead to sizable demand in the market.

The report on the ethylene market covers the following areas:

Ethylene market sizing
Ethylene market forecast
Ethylene market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ethylene market vendors that include BASF SE, Braskem SA, Chevron Corp., China National Petroleum Corp., Dow Chemical Co., Eastman Chemical Co., Exxon Mobil Corp., Formosa Plastics Group, Huntsman International LLC, Koch Industries Inc., LyondellBasell Industries N.V., Merck KGaA, Mitsubishi Chemical Group Corp., Mitsui Chemicals Inc., NOVA Chemicals Corp., Reliance Industries Ltd., Saudi Basic Industries Corp., Shell plc, Sumitomo Chemical Co. Ltd., and TotalEnergies SE. Also, the ethylene market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR72622

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Feedstock
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global ethylene market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global ethylene market 2018 - 2022 ($ billion)
4.2 Feedstock Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Feedstock Segment 2018 - 2022 ($ billion)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Feedstock

6.1 Market segments
Exhibit 30: Chart on Feedstock - Market share 2023-2028 (%)
Exhibit 31: Data Table on Feedstock - Market share 2023-2028 (%)
6.2 Comparison by Feedstock
Exhibit 32: Chart on Comparison by Feedstock
Exhibit 33: Data Table on Comparison by Feedstock
6.3 Naphtha - Market size and forecast 2023-2028
Exhibit 34: Chart on Naphtha - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Naphtha - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Naphtha - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Naphtha - Year-over-year growth 2023-2028 (%)
6.4 Ethane - Market size and forecast 2023-2028
Exhibit 38: Chart on Ethane - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Ethane - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Ethane - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Ethane - Year-over-year growth 2023-2028 (%)
6.5 LPG - Market size and forecast 2023-2028
Exhibit 42: Chart on LPG - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on LPG - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on LPG - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on LPG - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Feedstock
Exhibit 50: Market opportunity by Feedstock ($ billion)
Exhibit 51: Data Table on Market opportunity by Feedstock ($ billion)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 52: Chart on Application - Market share 2023-2028 (%)
Exhibit 53: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 54: Chart on Comparison by Application
Exhibit 55: Data Table on Comparison by Application
7.3 LDPE - Market size and forecast 2023-2028
Exhibit 56: Chart on LDPE - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on LDPE - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on LDPE - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on LDPE - Year-over-year growth 2023-2028 (%)
7.4 HDPE - Market size and forecast 2023-2028
Exhibit 60: Chart on HDPE - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on HDPE - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on HDPE - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on HDPE - Year-over-year growth 2023-2028 (%)
7.5 Ethylene oxide - Market size and forecast 2023-2028
Exhibit 64: Chart on Ethylene oxide - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Data Table on Ethylene oxide - Market size and forecast 2023-2028 ($ billion)
Exhibit 66: Chart on Ethylene oxide - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Ethylene oxide - Year-over-year growth 2023-2028 (%)
7.6 Vinyls - Market size and forecast 2023-2028
Exhibit 68: Chart on Vinyls - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Data Table on Vinyls - Market size and forecast 2023-2028 ($ billion)
Exhibit 70: Chart on Vinyls - Year-over-year growth 2023-2028 (%)
Exhibit 71: Data Table on Vinyls - Year-over-year growth 2023-2028 (%)
7.7 Others - Market size and forecast 2023-2028
Exhibit 72: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 74: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 75: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by Application
Exhibit 76: Market opportunity by Application ($ billion)
Exhibit 77: Data Table on Market opportunity by Application ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 78: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 79: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 80: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 81: Chart on Geographic comparison
Exhibit 82: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 83: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 87: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.6 Europe - Market size and forecast 2023-2028
Exhibit 95: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 99: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 103: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 107: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Exhibit 111: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 112: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 113: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 India - Market size and forecast 2023-2028
Exhibit 115: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 116: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 117: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 118: Data Table on India - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
Exhibit 119: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 120: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 121: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 122: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 123: Market opportunity By Geographical Landscape ($ billion)
Exhibit 124: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 125: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 126: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 127: Overview on factors of disruption
11.4 Industry risks
Exhibit 128: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 129: Vendors covered
12.2 Market positioning of vendors
Exhibit 130: Matrix on vendor position and classification
12.3 BASF SE
Exhibit 131: BASF SE - Overview
Exhibit 132: BASF SE - Business segments
Exhibit 133: BASF SE - Key news
Exhibit 134: BASF SE - Key offerings
Exhibit 135: BASF SE - Segment focus
12.4 Chevron Corp.
Exhibit 136: Chevron Corp. - Overview
Exhibit 137: Chevron Corp. - Business segments
Exhibit 138: Chevron Corp. - Key news
Exhibit 139: Chevron Corp. - Key offerings
Exhibit 140: Chevron Corp. - Segment focus
12.5 China National Petroleum Corp.
Exhibit 141: China National Petroleum Corp. - Overview
Exhibit 142: China National Petroleum Corp. - Product / Service
Exhibit 143: China National Petroleum Corp. - Key offerings
12.6 Dow Chemical Co.
Exhibit 144: Dow Chemical Co. - Overview
Exhibit 145: Dow Chemical Co. - Business segments
Exhibit 146: Dow Chemical Co. - Key news
Exhibit 147: Dow Chemical Co. - Key offerings
Exhibit 148: Dow Chemical Co. - Segment focus
12.7 Eastman Chemical Co.
Exhibit 149: Eastman Chemical Co. - Overview
Exhibit 150: Eastman Chemical Co. - Business segments
Exhibit 151: Eastman Chemical Co. - Key offerings
Exhibit 152: Eastman Chemical Co. - Segment focus
12.8 Exxon Mobil Corp.
Exhibit 153: Exxon Mobil Corp. - Overview
Exhibit 154: Exxon Mobil Corp. - Business segments
Exhibit 155: Exxon Mobil Corp. - Key offerings
Exhibit 156: Exxon Mobil Corp. - Segment focus
12.9 Formosa Plastics Group
Exhibit 157: Formosa Plastics Group - Overview
Exhibit 158: Formosa Plastics Group - Product / Service
Exhibit 159: Formosa Plastics Group - Key offerings
12.10 Huntsman International LLC
Exhibit 160: Huntsman International LLC - Overview
Exhibit 161: Huntsman International LLC - Business segments
Exhibit 162: Huntsman International LLC - Key news
Exhibit 163: Huntsman International LLC - Key offerings
Exhibit 164: Huntsman International LLC - Segment focus
12.11 LyondellBasell Industries N.V.
Exhibit 165: LyondellBasell Industries N.V. - Overview
Exhibit 166: LyondellBasell Industries N.V. - Business segments
Exhibit 167: LyondellBasell Industries N.V. - Key news
Exhibit 168: LyondellBasell Industries N.V. - Key offerings
Exhibit 169: LyondellBasell Industries N.V. - Segment focus
12.12 Merck KGaA
Exhibit 170: Merck KGaA - Overview
Exhibit 171: Merck KGaA - Business segments
Exhibit 172: Merck KGaA - Key news
Exhibit 173: Merck KGaA - Key offerings
Exhibit 174: Merck KGaA - Segment focus
12.13 Mitsubishi Chemical Group Corp.
Exhibit 175: Mitsubishi Chemical Group Corp. - Overview
Exhibit 176: Mitsubishi Chemical Group Corp. - Business segments
Exhibit 177: Mitsubishi Chemical Group Corp. - Key offerings
Exhibit 178: Mitsubishi Chemical Group Corp. - Segment focus
12.14 Reliance Industries Ltd.
Exhibit 179: Reliance Industries Ltd. - Overview
Exhibit 180: Reliance Industries Ltd. - Business segments
Exhibit 181: Reliance Industries Ltd. - Key news
Exhibit 182: Reliance Industries Ltd. - Key offerings
Exhibit 183: Reliance Industries Ltd. - Segment focus
12.15 Saudi Basic Industries Corp.
Exhibit 184: Saudi Basic Industries Corp. - Overview
Exhibit 185: Saudi Basic Industries Corp. - Business segments
Exhibit 186: Saudi Basic Industries Corp. - Key offerings
Exhibit 187: Saudi Basic Industries Corp. - Segment focus
12.16 Shell plc
Exhibit 188: Shell plc - Overview
Exhibit 189: Shell plc - Business segments
Exhibit 190: Shell plc - Key offerings
Exhibit 191: Shell plc - Segment focus
12.17 TotalEnergies SE
Exhibit 192: TotalEnergies SE - Overview
Exhibit 193: TotalEnergies SE - Business segments
Exhibit 194: TotalEnergies SE - Key news
Exhibit 195: TotalEnergies SE - Key offerings
Exhibit 196: TotalEnergies SE - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 197: Inclusions checklist
Exhibit 198: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 199: Currency conversion rates for US$
13.4 Research methodology
Exhibit 200: Research methodology
Exhibit 201: Validation techniques employed for market sizing
Exhibit 202: Information sources
13.5 List of abbreviations
Exhibit 203: List of abbreviations