The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Asia-Pacific Ethylene Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
Asia-Pacific Ethylene Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, Asia-Pacific Ethylene Market is anticipated to grow at a CAGR of around 5.9% during the forecast period, i.e., 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.
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What is Included in Asia-Pacific Ethylene Market Segmentation?
The report has segmented the market into the following categories:
By Application
- High-Density Polyethylene
- Low-Density Polyethylene
- Ethylene Oxide
- Ethyl Benzene
- Others (Vinyl Acetate, Vinyl Acetate, etc.)
By Feedstock
- Naphtha
- Natural Gas
By End-User Industry
- Chemicals
- Building & Construction
- Food & Beverages
- Personal Care
- Automotive
- Packaging
- Textile
- Others (Glass, Medical, Pulp & Paper, etc.)
By Country
- China
- Japan
- India
- South Korea
- South East Asia
- Oceania
- Rest of Asia-Pacific
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Key Factor Driver Asia-Pacific Ethylene Industry Growth by 2030
Ever-Rising Demand for Plastics & Packaging Materials - The growing middle-class populace and changing lifestyles in Asia-Pacific are leading to rapidly increasing consumption of packaged goods, which require ethylene-based products like polyethylene for packaging purposes. Since the packaging industry, including food & beverages, personal care products, and e-commerce packaging, is a major consumer of ethylene, its significant growth in Asia-Pacific is driving the ethylene market. In addition, the construction sector is also boosting the demand for polyethylene. With massive investments in infrastructure development, ethylene-based products like pipes, fittings, & construction materials are in high demand, i.e., another prominent aspect projected to drive the Asia-Pacific Ethylene Market during 2024-30.
Who are the Key Players Operating in the Asia-Pacific Ethylene Industry?
The top companies of the Asia-Pacific Ethylene market ruling the industry are:
- Reliance Industries Limited
- LyondellBasell Industries N.V.
- Mitsubishi Chemical Corporation
- Dow Chemicals
- Honam petrochemical
- LG chemical
- Sinochem Holdings
- Sinopec
- PetroChina
- Hengli Petrochemical
- Indian Oil Corporation Limited
- Haldia Petrochemicals Limited
- Others
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FAQs (Frequently Ask Questions)
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