Ethylene Market is Expected to Reach US$ 234.2 Bn by 2020 Apr 2015

Ethylene Market Market REPORT DESCRIPTION Ethylene Market for Polyethylene, Ethylene Oxide, Ethylene Benzene, Ethylene Dichloride, and Others and Packaging, Automotive, Construction, Agrochemical, Textile and Other End-users - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 Transparency Market Research has released a new market report titled “Ethylene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.” According to the report, the global ethylene market was valued at US$ 156.0 Bn in 2013 and is projected to reach US$ 234.2 Bn by 2020, expanding at a CAGR of 6.0% from 2014 to 2020. Ethylene is an inflammable colorless gas with a sweet taste and odor. Ethylene is used extensively in industrial applications. Considering the broad range of industrial applications of ethylene, several prominent petrochemical companies across the world engage in the manufacture of ethylene and its diverse types of derivatives. These international petrochemical companies increase their production capacity of ethylene periodically. Moreover, demand for ethylene is expected to augment significantly in different end-use industries. This is ultimately leading to sustainable growth in the ethylene market. Browse The Full Report at: http://www.transparencymarketresearch.com/ethylenemarket.html Polyethylene was the largest application segment of the ethylene market in 2013 and accounted for more than 50% of the total market. Distinct types of polyethylene are used for the manufacture of plastic that is used for producing everyday appliances, packaging, pipes, and toys. Polyethylene can be processed into hard products as well as soft and flexible components. Plastic produced from polyethylene can be seen in articles of all dimensions, with the simplest to the most complex shapes. 2 Transparency Market Research

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