Analysis of Ethane Market by 2022
Global Ethane Market Report 2018 explores future trends for
supply, demand and market growth rate, market size, prices,
trading, competition and value chain as well as Key Players of
the industry’s information with forecast from 2018 to 2022.
Global Ethane Market Overview:
According to Market Analyst, Global Ethane Market is projected to grow at a healthy growth rate from
2018 to 2022.
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Global Ethane Market has suffered a certain impact, but still maintained a relatively optimistic growth,
the past four years, Ethane market size to maintain the average annual growth rate of 6.08% from 490
million $ in 2014 to 585 million $ in 2017, Market analysts believe that in the next few years, Ethane
market size will be further expanded, we expect that by 2022, The market size of the Ethane will reach
790 million $.
At standard temperature and pressure, ethane is a colorless, odorless gas. Like many hydrocarbons,
ethane is isolated on an industrial scale from natural gas and as a petrochemical by-product of
petroleum refining. Its chief use is as feedstock for ethylene production. Ethane production is expanding
rapidly in the United States as a result of the development of shale gas and tight oil. The US ethane
supply expansion has led to a surge in new ethane-based ethylene plants, both in the United States and
elsewhere, particularly in Western Europe.
The Global Ethane Market Segmented on the Basis of Product Type, Industry and Region. In term of
Product Type, Market is sub segmented into Dichloroethane, Oxirane. Based on Industry Segment,
Market is sub segmented into Production of ethylene, Vinyl chloride production, Chloroethane
production, Production of nitroethane.
Regionally, The United States, Western Europe, and India are the leading manufacturers of new
ethylene plants that use ethane as the feedstock, although Mexico, Brazil, and Russia will also be using
it.
Furthermore, The Ethane Market analysis report consolidates insights concerning overall and
anticipated market trends, profit-making business sector openings, and risk factors related to it.
Moreover, this report also talks about a number of the prime players operating in industry, their current
activities, and their exclusive Ethane Market share, advancements in business, offer chain methods. The