Report on Ethylene Market - Global Industry Analysis, and Forecast, 2013 - 2019

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Date Submitted: 06/24/2014 06:04 AM

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Transparency Market Research Reports included a detailed market survey and analysis trends on “Ethylene Market”. This report also includes more info about basic overview of the industry including definitions, applications and global market industry structure. Ethylene is a colorless flammable gas with a musky odor. It is the simplest alkene and unsaturated hydrocarbon after acetylene. It is extensively used in the chemical industry. In addition, it is used in agriculture as a plant hormone to ripen fruits. Ethylene is used to produce ethylene dichloride, ethyl benzene, polyethylene and ethylene oxide among others. Industrial reactions of ethylene include polymerization, oxidation, alkylation, halogenation and hydrohalogenation among others. Furthermore, it is used as an anesthetic agent and as a welding gas.

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The basic raw materials for making polymers such as polyethylene, polypropylene, butyl rubber and acrylics among others are obtained from ethylene. Ethylene is a prime driver for chemical production. The production of ethylene is anticipated to revive in the North American region on account of the abundant availability of natural gas liquids feedstock at economical prices. In addition, the production in Europe is expected to get affected due to the high crude oil prices.

Ethylene is produced by two processes viz. by steam cracking of paraffinic hydrocarbons and by separation from refinery gas. It is used as an intermediate to produce other raw materials which are subsequently used for various applications. For instance, ethylene is oxidized to produce ethylene oxide which is used to manufacture detergents and surfactants. In addition, it has applications in automotive industry as an antifreeze. Moreover, other ethylene intermediates are used for packaging, insulation, tires and footwear among others.

The increasing applications of ethylene intermediates in various...