Analytics, Research & Consulting Olefins Market | Page 2

Analysis of the US Ethylene Market The US Ethylene Market is expected to reach 40.60 MMTA at a CAGR of 4.3% by 2023. The cost of production of ethylene from ethane is very low. The production of ethylene is increasing as inexpensive gas, natural gas, liquids feedstock from shale gas is attracting companies to build their plants in the US. By 2020, 70% of the demand for ethylene is expected to be met from ethane. The increasing demand for polyethylene and ethylene glycol can be attributed to the demand from the industries such as anti-freeze, polyester fibres, packaging, construction, and consumer products. Contact : [email protected]