Description
Scope of the report The report titled “ Global Ethylene Market- Trends and Opportunities ( 2015-2019 )” provides an insight into the production of ethylene and derivatives with focus on present market size and growth expected in the near future . The report assesses the Global Ethylene market over the years with detailed analysis . The research report also analyzes the regional markets of Asia-Pacific , Western Europe , Middle East and North America . The report also discusses key factors driving growth of the industry , major trends and challenges faced by manufacturers of petrochemicals in general and ethylene in specific . Further , major producers like Honeywell UOP , Sinopec Limited , Nova Chemicals , Shell Chemicals and Chevron Phillips Chemicals are also analyzed in the report .
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Regional Coverage Western Europe North America Asia Pacific Middle East
Company coverage Honeywell UOP Shell Chemicals Nova Chemicals Sinopec Limited Chevron Phillips Limited
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Executive Summary One of the most important raw materials in the petrochemical industry , the use of ethylene involves the production of polyethylene plastics like high density polyethylene ( HDPE ), linear low density polyethylene ( LLDPE ) and low density polyethylene ( LDPE ). There are three ways used for the production of ethylene . The first is by the steam cracking of naphtha , other by steam cracking of ethane and yet another by the catalytic cracking of gas oil . The production by ethane is common in North America whereas production by naphtha is common in Middle East regions .
The ethylene industry is growing exponentially because of various factors facilitating its growth . Ethylene is used for the manufacture of various plastics and polymers like PVC and polyethylene and their increasing demand is responsible for the increased demand of this petrochemical . These plastics are widely used in various day to day products used by humans . Moreover , the increasing per-capita income leading to increased disposable income is also one of the reasons for the increased demand for
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