Albany, NY -- (SBWIRE) -- 01/28/2015 -- The global ethylene industry has undergone numerous expansion programs in order to increase production capacity, which has helped it grow in course of time. The research study focuses on identifying and evaluating key driving forces such as these in order to give a clearer understanding of the factors that govern the ethylene market. With its exhaustive database of information on the various segments and sub-segments of the industry, the report provides intuitive analyses in a comprehensive and lucid manner.

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With the help of case studies and graphics, the report presents the key findings of the study of the ethylene market. It also provides up-to-date estimates and comments in order to aid clients in their business ventures.

Overview of the global ethylene market

The increasing number of applications of ethylene is the primary factor boosting the global market. Ethylene is used for the production of ethyl benzene, ethylene dichloride, ethylene oxide, and polyethylene, among others. These are in turn used as raw materials for the production of polypropylene, acrylics, and butyl rubber. The products and intermediates of ethylene are used for various applications such as insulation, packaging, making footwear and tires, as welding gas, as an anesthetic agent, and manufacturing surfactants and detergents. Another factor that is expected to support the growth of the ethylene market is a rise in the number of mergers and acquisitions among market players.

On the down side, being carcinogenic and combustible, the laws for ethylene usage are rather stringent. Moreover, the fluctuations in feedstock costs have a direct impact on the demand for ethylene. These factors are projected to hinder the growth of the ethylene market during the forecast period.

The research report states that the Asia-Pacific ethylene market is projected to register the highest growth rate from 2013 to 2019, followed by the Middle East, owing to the emergence of new manufacturing plants over the coming years. The potential of countries such as Vietnam, India, and Indonesia has also been recognized with respect to surging demand for ethylene. China is anticipated to lead the Asia-Pacific ethylene market in terms of both demand and supply. The North America and Europe markets for ethylene will continue to grow at a steady pace over the course of the forecast period.

Companies mentioned in the research report

The research report provides a wide coverage of the ethylene market and the companies operating within it. The strategic evaluation of the competitive landscape allows clients to make well-informed and calculated decisions. It also summarizes the overall performance of the companies during the forecast period and offers insightful suggestions to improve businesses at various levels. The key recent mergers and acquisitions are highlighted and equal importance is given to product development and innovation. With the help of current and projected statistics, sector- and region-wise company shares are presented and analyzed.

Some of the major players in the ethylene market are Chevron Phillips, Shell Chemical, Equistar, Sasol, Ineos, ExxonMobil, BASF, Formosa, Westlake, and Dow Chemical.

Major geographies analyzed under this research report are:

- EMEA
- North America
- Asia-Pacific
- Rest of the World

This report gives you access to decisive data such as:

- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years

Key highlights of this report

- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments

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