Global Ethylene Market to Reach 207.4 Million Tonnes by 2027 Amid the COVID-19 crisis, the global market for Ethylene estimated at 158 Million Tonnes in the year 2020, is projected to reach a revised size of 207.4 Million Tonnes by 2027, growing at a CAGR of 4% over the analysis period 2020-2027. The growth of the global ethylene oxide market is driven by increase in demand from personal healthcare and automotive industries. Ethylene Oxide Market Global Analysis, Research Report – by Product Types and Region (North America, Europe, Asia-Pacific) | The Growth of The Global Ethylene Oxide is Mainly Driven by Rising Demand for Ethylene Glycol in Numerous Applications Including Pet Resins, Polyester Fibers, And Antifreeze for Engines Among Others | Ethylene Oxide Industry Market scenario. Development of demand, revenues, and production are explained in detail. The widespread use of polyethylene in packaging application is expected to propel the demand for polyethylene in the coming years. Ethylene oxide is a flammable alkylating agent and gaseous in nature. Ethylene oxide is industrially produced by oxidation of ethylene in the presence of silver catalyst. ICIS Ethylene price reports are covered weekly in Asia, Europe and US and also daily in Asia. Due to its widespread industrial applications, ethylene is produced by petrochemicals companies worldwide. The April 2019 update to Wood Mackenzie's global ethylene long-term outlook to 2040 is now available. US PE demand has grown over 2020 despite the recession in the larger economy due to strong demand for consumer non-durables. Reports include analysis and market intelligence on contract and spot prices, margins, production issues, upstream and downstream news and any other influencing factor that … As per the report, the global demand for ethylene oxide market stood at approximately USD 46 billion in 2018 and is expected to reach USD 69 billion by end of 2025, growing at a CAGR of around 5% between 2019 and 2025. The global ethylene market reached a value of nearly $222.1 billion in 2019, having grown at a compound annual growth rate (CAGR) of 5.25% since 2015, and is expected to grow at a … Increased Demand For Polythene Products Drove The Ethylene Market During the historic period, increased demand for polythene products contributed to the ethylene market's growth. Ethylene oxide is an important raw material for the production of ethylene glycol which is used in several applications like polyethylene terephthalate (PET) bottles, paints, detergents and solvents. This report also offers an extensive insight into the development in individual countries and regions. Additionally, Asia-Pacific witnessing a rapid growth in the demand for glass prepreg market owing to the increasing demand from countries like China, India, and Japan. S&P Global Platts ethylene market experts take a deep dive into the state of the ethylene market as the world continues the fight against the coronavirus pandemic, Asia's growing appetite for one of the most important feedstocks in the petrochemical chain, and trade flows from the United States to Asia. Global ethylene market is expected to grow at a CAGR of 6.1% and is anticipated to reach around USD 153 Billion by 2026. Growing demand for ethylene and its derivatives from packaging and construction sector to drive the global ethylene market through 2025. U.S. spot ethylene prices continued their decline into 2020, due to a fundamental oversupply in the market and lagging demand. Polyethylene is the major market driver for the ethylene market with ~60 percent market share, followed by ethylene oxide (14%) and PVC (11%). 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