Ethylene Market Size, Share, Growth Analysis 2031
Ethylene , a colorless, flammable gas, is produced primarily by cracking hydrocarbons like natural gas or crude oil. The market for ethylene is largely driven by its extensive use in the production of polyethylene (the most common plastic), ethylene glycol (used in antifreeze and plastics), and ethylene oxide (used in detergents and solvents). The ethylene market is segmented based on application, end-use industries, production process, and region. Geographically, Asia-Pacific (APAC) is the dominant market, owing to rapid industrialization, growing demand for consumer goods, and increasing urbanization. However, the market is witnessing growth across the Americas, Europe, and the Middle East, with emerging technologies and innovations. Ethylene Market size was valued at USD 129.5 billion in 2023 to USD 194.7 billion by 2031, growing at a CAGR of 6% in the forecast period (2024-2031). To Learn More About This Report, Request a Free Sample Copy - https://www.skyquestt.com/sample-reque...