The global olefins market size was USD 213 Billion in 2023 and is expected to register a revenue CAGR of 4.8 % during the forecast period. Increasing application of ethylene in plastics is a major factor driving market revenue growth. Ethylene is used in manufacturing polythene, plastic bottles, and others. High-density polyethylene is a plastic polymer with flexible properties that are resistant to impact and chemicals, making it suitable for healthcare and laboratory environments.

The latest market intelligence study on the Olefins market covers the performance of both the key vendors and new entrants for the forecast period, 2019 to 2032. Estimated value, profits, gross margin, spending power and consumption volume form an important part of the study that aims at offering the business owners, stakeholders, and marketing personnel a competitive edge over others. Importantly, the study discusses a lot about, the product application, classification and performance across different regions. The industry assessment report weighs upon the top performers and also the winning strategies that have enabled them to occupy a strong foothold in the Olefins market.

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 Key Players operating in the industry are:

BASF SE, Exxon Mobil Corporation, Sumitomo Chemical Co., Ltd., LyondellBasell Industries Holdings B.V, SABIC, Mitsubishi Chemical Corporation, Chevron Phillips Chemical Company LLC, INEOS, Idemitsu Kosan Co., Ltd, Occidental Petroleum Corporation                                                        

Radical Features of the Olefins Market Report:

• The report encompasses Olefins market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
• An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
• Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
• Supply chain analysis along with technological advancements offered in the report
• The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Olefins industry

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Segmentation:

• Product Type Outlook (Revenue, Volume, USD Billion, Kilotonnes; 2019-2032)

  • Olefin oxides
  • Olefin glycols
  • Ethylbenzene
  • Polyolefins
  • Cumene

• Type Outlook (Revenue, Volume, USD Billion, Kilotonnes; 2019-2032)

  • Ethylene
  • Butadiene
  • Propylene
  • Butylene
  • Others

• Application Outlook (Revenue, Volume, USD Billion, Kilotonnes; 2019-2032)

  • Synthetic Lubricants
  • Polythene
  • Detergent Alcohol
  • Cosmetics
  • Plasticizers
  • Adhesives
  • Others

Regional Analysis Covers:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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