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Global Olefins Market by Type (Ethylene, Propylene, Butadiene), By Application (Manufacture, Industry, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-11
  • Author: Up Market Research
  • Rating: 5.0
  • Total Reviews: 65
  • No. Of Pages: 200
  • Format:
  • Pub. Date: 2021-03-01
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The Global Olefins Market size is projected to grow at a CAGR of 5.5% during the forecast period 2018-2028. The growth in the market can be attributed to the increasing demand from end-use industries, especially manufacturing and industry segments. In this report, we have considered three key types of olefins – ethylene, propylene, and butadiene. Furthermore, we have analyzed the market on the basis of major regions – North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.



An olefin is a hydrocarbon that contains at least one carbon-carbon double bond. The simplest olefin is ethylene, which consists of a single carbon-carbon double bond. Olefins are produced industrially on a large scale from natural gas and crude oil. They are used to make plastics, fibers, elastomers, and other chemicals. Some of the key features of olefins are that they are colorless, flammable, and volatile. They also have a strong odor and can cause skin irritation. Some key benefits include: High reactivity allows for the production of many different types of plastics and other products. Low flammability and toxicity make them safe to use. Wide range of applications due to their reactivity. High performance in a variety of settings. Overall, olefins are a very versatile and valuable type of hydrocarbon that offers many benefits to users. They play a key role in the manufacture of plastics and other products, and they continue to grow in popularity due to their many advantages.



On the basis of Type, the global olefins market is segmented into ethylene, propylene, and butadiene.



Ethylene:

Ethylene type olefins are the most common form of olefin and are produced by steam cracking. Ethylene is used extensively in the manufacturing of plastics, chemicals, and fibers. It is also a key component in the production of polyethylene terephthalate (PET), which is used to make beverage bottles and packaging. Ethylene type olefins are characterized by their high reactivity. Furthermore, ethylene type olefins are also used as feedstocks for the production of other chemicals. Some of the key features of these olefins include: High reactivity, a Wide range of products produced, Used as feedstocks for the production of other chemicals.



Propylene:

Propylene is the second most common form of olefin and is produced by thermal cracking or steam cracking. It is used to produce plastics, chemicals, fibers, and detergents. Propylene is also a component in the production of polypropylene (PP), which is used to make packaging, automotive components, and furniture. Propylene type olefins have various features that include but are not limited to: Low viscosity and volatility make them good solvents. They have low reactivity, which makes them suitable for use as monomers in polymerization reactions. The presence of three methyl groups on the propylene molecule gives it a higher reactivity than ethylene. They are less flammable than butadiene and ethylene. Propylene has a boiling point of -42 degrees Celsius, while butadiene has a boiling point of -11 degrees Celsius. Propylene is colorless, while butadiene is red. Propylene is a gas at room temperature, while butadiene is a liquid. The density of propylene is lower than that of butadiene. Butadiene smells unpleasant, while propylene does not have an odor. All these features make propylene-type olefins desirable for various applications. They are used in the manufacture of plastics, rubbers, solvents, and other chemicals. They are also used as monomers in the production of polypropylene and other plastics. Propylene-type olefins are also used as fuels and lubricants. In addition, they find applications in the pharmaceutical industry.



Butadiene:

Butadiene is the third most common form of olefin and is produced by thermal cracking or steam cracking. Butadiene is used to produce plastics, chemicals, fibers, and rubbers. It is also a component in the production of styrene-butadiene rubber (SBR), which is used to make tires, hoses, and belts. Butadiene type olefins are known for possessing unique physical and chemical properties. Some of the key features of butadiene type olefins include high reactivity, thermal stability, low volatility, and good solubility in most organic solvents. These properties make them ideal for use in a variety of applications such as manufacturing, industry, and others. Butadiene type olefins are also known for their ability to form polymers with high molecular weight. These polymers have excellent mechanical properties and are used in a variety of applications such as automotive tires, hoses, belts, and other rubber products. Butadiene type olefins are also used in the production of plastics and adhesives.



On the basis of Application, the global olefins market is segmented into manufacture, industry, and others.



Manufacture:

Olefins are widely used in the manufacturing industry for the production of a variety of products. They are mainly used to make polymers, plastics, and synthetic fibers. Additionally, they are also used as solvents and coating agents. Some of the most common applications of olefins in the manufacturing industry include: Polyolefins: Olefins are used in the production of polyolefins, which are a family of plastics that have high resistance to heat and chemicals. They are mainly used to make products such as bottles, bags, containers, and films. PVC: Polyvinyl chloride (PVC) is one of the most commonly used plastics in the world. It is made from a combination of olefins and chlorine. PVC is often used to make products such as pipes, doors, windows, and flooring. Synthetic fibers: Olefins are also used to produce synthetic fibers for use in textiles and clothing. Some of the most common synthetic fibers made from olefins include polyester, nylon, and acrylic. Solvents: Olefins are also used as solvents in a variety of industries. They are often used to dissolve other chemicals and to clean surfaces. Some of the most common applications of olefin solvents include paint and coatings, printing inks, and adhesives. Pharmaceuticals: Olefins are also used to make pharmaceuticals. They are often used to make pills and capsules. Additionally, they are also used as carriers for medicines and other drugs.



Industry:

The industrial application of olefins is wide and varied. Some of the most common applications include: Production of polyethylene terephthalate (PET) for beverage bottles. Manufacture of synthetic rubber for tires, hoses, belts, and seals. Making plastics such as PVC pipes and fittings, and polystyrene foam. Forming films and sheets for packaging, laminating, and printing. Producing adhesives, coatings, inks, and solvents. Bioplastics production. Forming fibers for textiles, carpets, and nonwovens. Processing foods such as margarine and shortenings. Manufacturing explosives such as dynamite and TNT. The industrial application of olefins is wide and varied, providing many products that are essential to our everyday lives.



On the basis of Region, the global olefins market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The growth statistics of the olefins market in Latin America are expected to be moderate during the forecast period. The region is a key player in the global production and consumption of olefins. In terms of production, Mexico accounted for over one-third of the total olefin production in Latin America in 2017. Brazil was the second-largest producer of olefins in the region. The demand for olefins is expected to grow in line with the growth of key end-use industries such as automotive and packaging in Latin America. The growth of the olefins market in Europe can be attributed to the increasing demand for ethylene and propylene from various end-use industries. Furthermore, the growing population and rising disposable income are also contributing to the growth of the olefins market in Europe. The Asia Pacific olefins market is expected to witness significant growth in the coming years. This can be attributed to the increasing demand for olefins from various end-use industries, such as manufacturing and industry. The region is also witnessing rapid industrialization and urbanization, which is further propelling the demand for olefins. Additionally, the growing population and rising income levels are also contributing to the growth of the market in the region.



Growth Factors For The Global Olefins Market:

These are some of the key factors that are driving the growth of the global olefins market. The demand for olefins is increasing due to their wide range of applications and benefits. They play a key role in the manufacture of plastics and other products, and this is likely to continue driving their demand in the future. Regional dynamics are also playing a role in the growth of the market, with the Asia Pacific and Middle East & Africa exhibiting high potential for future growth.


Up Market Research published a new report titled “Olefins Market research report which is segmented by Types (Ethylene, Propylene, Butadiene), By Applications (Manufacture, Industry, Others), By Players/Companies Saudi Industries Corporation(SABIC), DowDuPont, ExxonMobil Chemical, Royal Dutch Shell, China Petroleum & Chemical”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

 

Report Scope

Report Attributes Report Details
Report Title Olefins Market Research Report
By Type Ethylene, Propylene, Butadiene
By Application Manufacture, Industry, Others
By Companies Saudi Industries Corporation(SABIC), DowDuPont, ExxonMobil Chemical, Royal Dutch Shell, China Petroleum & Chemical
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 200
Number of Tables & Figures 140
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Olefins Industry Outlook
 

Global Olefins Market Report Segments:

The market is segmented by Type Ethylene, Propylene, Butadiene and By Application Manufacture, Industry, Others.

 

Some of the companies that are profiled in this report are:

  1. Saudi Industries Corporation(SABIC)
  2. DowDuPont
  3. ExxonMobil Chemical
  4. Royal Dutch Shell
  5. China Petroleum & Chemical
 

Olefins Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Olefins Market
 

Overview of the regional outlook of the Olefins Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Olefins Market Overview
 

Highlights of The Olefins Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Olefins Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Ethylene

                2. Propylene

                3. Butadiene

       7. By Application:

                1. Manufacture

                2. Industry

                3. Others

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Olefins Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Olefins Market Statistics
 

Reasons to Purchase the Olefins Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Olefins Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Olefins Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Olefins Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Olefins Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Olefins Market Size & Forecast, 2018-2028 
      4.5.1 Olefins Market Size and Y-o-Y Growth 
      4.5.2 Olefins Market Absolute $ Opportunity 


Chapter 5 Global Olefins Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Olefins Market Size Forecast by Type
      5.2.1 Ethylene
      5.2.2 Propylene
      5.2.3 Butadiene
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Olefins Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Olefins Market Size Forecast by Applications
      6.2.1 Manufacture
      6.2.2 Industry
      6.2.3 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Olefins Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Olefins Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Olefins Analysis and Forecast
   9.1 Introduction
   9.2 North America Olefins Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Olefins Market Size Forecast by Type
      9.6.1 Ethylene
      9.6.2 Propylene
      9.6.3 Butadiene
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Olefins Market Size Forecast by Applications
      9.10.1 Manufacture
      9.10.2 Industry
      9.10.3 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Olefins Analysis and Forecast
   10.1 Introduction
   10.2 Europe Olefins Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Olefins Market Size Forecast by Type
      10.6.1 Ethylene
      10.6.2 Propylene
      10.6.3 Butadiene
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Olefins Market Size Forecast by Applications
      10.10.1 Manufacture
      10.10.2 Industry
      10.10.3 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Olefins Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Olefins Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Olefins Market Size Forecast by Type
      11.6.1 Ethylene
      11.6.2 Propylene
      11.6.3 Butadiene
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Olefins Market Size Forecast by Applications
      11.10.1 Manufacture
      11.10.2 Industry
      11.10.3 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Olefins Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Olefins Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Olefins Market Size Forecast by Type
      12.6.1 Ethylene
      12.6.2 Propylene
      12.6.3 Butadiene
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Olefins Market Size Forecast by Applications
      12.10.1 Manufacture
      12.10.2 Industry
      12.10.3 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Olefins Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Olefins Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Olefins Market Size Forecast by Type
      13.6.1 Ethylene
      13.6.2 Propylene
      13.6.3 Butadiene
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Olefins Market Size Forecast by Applications
      13.10.1 Manufacture
      13.10.2 Industry
      13.10.3 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Olefins Market: Competitive Dashboard
   14.2 Global Olefins Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Saudi Industries Corporation(SABIC)
      14.3.2 DowDuPont
      14.3.3 ExxonMobil Chemical
      14.3.4 Royal Dutch Shell
      14.3.5 China Petroleum & Chemical
Segments Covered in the Report
The global Olefins market has been segmented based on

By Types
  • Ethylene
  • Propylene
  • Butadiene
By Applications
  • Manufacture
  • Industry
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Saudi Industries Corporation(SABIC)
  • DowDuPont
  • ExxonMobil Chemical
  • Royal Dutch Shell
  • China Petroleum & Chemical

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