Ethylene Market: Revenue, Major Players, Consumer Trends, Analysis & Forecast Till 2028
The global Ethylene Market is growing rapidly over the past few years. The market growth attributes to the wide usages ethylene in the making of various products such as ethylene oxide, polyethylene, ethylene benzene, ethylene glycol, ethylene dichloride, alpha-olefins, vinyl acetate, and others. In the year 2017, global ethylene production had reached 165 million metric tons, which is expected to grow significantly over the forecast period. According to Market Research Future (MRFR), the global Ethylene market is expected to grow at exponential valuations by 2025. In its recently published analysis, MRFR also asserts that the market would further register over 6% CAGR during the forecast period (2019–2025). Extensive use in the production of polyethylene led by the polyethylene in packaging application is a key driving force expected to propel the market demand in the coming years. Additionally, factors such as the dramatically rising end-use such as packaging...