This report covers the impact of COVID-19 on this global market. As global ethylene consumption continues to grow, petrochemical companies will need to invest in new ethylene facilities to meet demand. Exhibit 6: Global Ethylene Market by Production Capacity 2013-2018 (million metric tons) Exhibit 7: Comparison of Global Ethylene Capacity and Demand Exhibit 8: Global Ethylene Demand… Ethylene market size will continue to grow through 2021 owing to increasing investments aimed at boosting the production capacity for gas. As players across the US and China rush to invest in production, with many ethylene projects planned post-2020, there is a clear downside risk of overcapacity. We deliver real-time and historical data, forecasts, analytical insight, tools and software solutions. We use cookies on the public areas of our website. To remain competitive in this rapidly changing market, you need a comprehensive view of global supply and demand, price forecasts and petrochemical feedstock trends. Global Ethylene Acrylic Acid Adhesive Market 2018 - Industry Production, Trends, Sales, Supply, Demand, Analysis & Forecast to 2025 +49 322 210 92714 (GMT OFFICE HOURS) Global demand for petrochemical products in 2017 and forecast for 2018 to 2023. We help our clients address their most pressing strategic and commercial challenges. The global rise in disposable incomes has been a key driver of demand for PET bottles, which are used for water and … Included in this analysis are ethylene capacities by production asset, supply/demand balances for every ethylene producing and consuming country of the world, and key regional ethylene market price, cost and margin forecasts. All Rights Reserved. Asia pacific and North America dominate the ethylene oxide market, accounting for over 60% of the total demand in 2011. Downward signals for ethylene demand have been picked up for 2018, with preliminary estimations indicating a drop in demand of about 2% on a year-on-year basis. Some of the key factors propelling the market growth include growing demand for lubricants & lithium ion … Ten years ago, the picture looked very different. Over 1.4 Million Tons worth of projected demand in the region will come from Rest of Europe markets. 1990-2018 Global Ethylene Production Capacity in Million Metric Tons for the Period 2018 and 2030 Global Ethylene Distribution Demand by Percentage Market Share Our Ethylene Global Supply Demand Analytics Service offers a complete long-term picture of the global ethylene market and includes cutting-edge data, reports and forecasts through 2040, with an integrated view of NGLs, naphtha and other feedstocks through the ethylene value chain. More importantly, alongside every boom comes a potential bust. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Ethylene Glycol Monomethyl Ether. Global Ethylene Market is estimated to reach USD 136.67 Billion by 2026 according to a new report. 5 Global Ethylene oxide Ethylene Market, 2016-2026 (Kilo Tons) FIG. As global ethylene consumption continues to grow, petrochemical companies will need to invest in new ethylene facilities to meet demand. Deepsea supplies, especially those heading to Asia from Europe, are also expected to decline in H2, in line with rising ethylene demand in Europe as downstream plant operations return to normal. Owing to growing demand for ethylene from several end-use industries, the production capacity of ethylene is increased periodically by petrochemical companies, which is leading to sustainable growth of the global ethylene market. 11 March 2018 The world consumed over 150 million tonnes of ethylene in 2017 and will need more than 200 million tonnes by 2025 to meet global demand. 1. TM. DUBLIN, March 26, 2018 /PRNewswire/ -- . While ethylene from shale remains globally competitive, additional investment that willincrease US market capacity by 50% over the next five years from its 2010 level, will not enjoy the high margins we saw initially. Our base case is more optimistic – but whichever way the wind blows, the industry should at least prepare to navigate some choppy waters ahead. Can the global ethylene boom be sustained as risks mount? Driven by consumer demand for everyday products from plastic packaging to clothing, we expect global demand growth of 3.4% annually. China is on a massive wave of steam cracker investment, driven by the ethylene industry’s healthy margins. Gathering clouds on the horizon could create the perfect storm for the ethylene industry. Request Sample. We help our clients address their most pressing strategic and commercial challenges. Buy our reports to address business challenges and make better commercial decisions with objective insights, analyses and data. The market for surplus exports in China is clear, but protectionism will limit market access. Ethylene Market Overview. Market sources said ethylene supplies are likely to fall DUBLIN, April 5, 2018 /PRNewswire/ -- . Global ethylene spot prices Upstream costs are expected to put some upward pressure on the ethylene market in 2019, as new crackers increase demand … Now, as the largest petrochemical by volume in 2018, ethylene forms the backbone of the petrochemical industry. Ethylene Tetrafluoroethylene (ETFE) is used in various end-user industries such as automobile, building and construction, aerospace, and chemicals among others. 4 Million Tonnes by 2027. The analysts forecast the Global Ethylene Glycol market to grow at a CAGR of 4.71% over the period 2013-2018 Ethylene glycol is a versatile organic … Massive investment is partly driven by the oil industry. It is derived from natural gas and petroleum and … Ethylene supply likely will be more resilient this year, falling less than consumption, with exports supporting cracker production. The public, environmentalists, brand owners and governments are responding to the rising tide of negative perception against plastic waste, with ongoing efforts to reduce, reuse, recycle and even ban plastic materials. By continuing to browse the site you are agreeing to our use of cookies. The ethylene market is booming. Included in this analysis are ethylene capacities by production asset, supply/demand balances for every ethylene producing and consuming country of the world, and key regional ethylene market price, cost and margin forecasts. 2 Global Ethylene Market Share, by Application, 2018 & 2025 (USD Million) FIG. Sign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts. The additional capacity will help to improve China’s self-sufficiency but will not eliminate the country’s ethylene deficit. Sign In, Ethylene Capacity and Projects September 2019.xlsb, Ethylene Supply Demand Balances September 2019.xlsb, Ethylene Global Supply Demand Analytics Service - September 2019, Long-Term Ethylene Strategic Outlook - September 2019.pdf, Ethylene_PricesCostsMargins_September2019.xlsb, Ethylene Capacity Integration September 2019.xlsx, Long-Term Ethylene Strategic Outlook - April 2018.pdf, Ethylene Capacity and Projects - April 2018.xlsb, Ethylene Capacity Integration - April 2018.xlsx, Ethylene Prices Costs and Margins - April 2018.xlsb, Ethylene Supply Demand Balances - April 2018.xlsb, Ethylene Global Supply Demand Analytics Service - April 2018. A heady combination of strong global consumer demand combined with a lower oil price enabling cheaper feedstocks and high operating rates has created boom conditions, leading to a rush of investment from North America to China and even Europe. We deliver real-time and historical data, forecasts, analytical insight, tools and software solutions. Downward signals for ethylene demand have been picked up for 2018, with preliminary estimations indicating a drop in demand of about 2% on a year-on-year basis. Global Ethylene Market is estimated to reach USD 136.67 Billion by 2026 according to a new report. DUBLIN, April 5, 2018 /PRNewswire/ -- . Moreover, high demand for polyester fibers and PET resins is expected to propel the market growth during 2018- 2024. The growing demand from the developing economies across the globe is a key factor driving the global market for Ethylene … The advantages North American producers experienced as a result of being ahead of the investment curve have now shifted elsewhere, with super-cycle margins transferring to Asia and Europe. Increasing Complexity In The Ethylene Value Chain Emerging changes in ethylene supply drivers and demand drivers make modeling the ethylene supply/demand balance more complex Asia Chemical Conference / November 2016 8 Ethylene Coal to MEG (skipping EO) Coal to VCM (skipping EDC) Demand Shocks (GDP related) or Demand Shifts (product We cover a diverse range of industry sectors and focus areas across the entire natural resources value chain. We look at four factors that pose a threat to the continuation of the ethylene boom. Increasing demand of ethylene in chemical industry and rising usage of ethylene in automotive coolants are the factor for the growth of this market. The global ethylene oxide market is expected to witness a CAGR of 6.3 % to reach USD 65.0 billion by 2024. If you would like to learn more about how we use cookies and how you can manage them, see our Cookie policy. Ethylene supply likely will be more resilient this year, falling less than consumption, with exports supporting cracker production. Fill in the form to receive an extract from our presentation Global Ethylene: Living the Dream delivered at the 2018 European Polyester Conference. IHS Markit expects 2018 global PE demand to exceed 100 million metric tonnes (MMT). They let you easily navigate your way around the site and allow us to improve its performance, or even recommend content we believe will be of most interest to you. Global Ethylene Market to Reach 207. Owing to growing demand for ethylene from several end-use industries, the production capacity of ethylene is increased periodically by petrochemical companies, which is leading to sustainable growth of the global ethylene market. The world consumed over 150 million tonnes of ethylene in 2017 and will need more than 200 million tonnes by 2025 to meet global demand. US: +1-408-610-2300 Toll Free: +1-866-831-4085 The report contains data of the base year 2018 and historic year 2017. The September 2019 update to Wood Mackenzie's global ethylene long-term outlook to 2040 is now available. Concerning the production capacity of ethylene in the U.S., plans for new and additional facilities are presumed to be developed by 2018, in which more than 10 million tons of ethylene are expected to be produced, and the production will continue to increase after 2018. Data are provided in downloadable excel workbooks that contain both tabular and interactive graphical formats. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. 3 Global Ethylene Market share, by Application, 2018 & 2025 (Kilo Tons) FIG. China remains a critical outlet for export surpluses. For US producers, market access is a key limitation, particularly for surplus ethylene monomer for the time being. Increasing demand for antifreeze from automobile industry is likely to fuel the market growth over the forecast period. Subscribe to our trusted data and analysis for global energy, chemicals, metals and mining industries. Increasing demand of ethylene in chemical industry and rising usage of ethylene in automotive coolants are the factor for the growth of this market. Global ethylene market is set to witness a substantial CAGR of 8.95% in the forecast period of 2019- 2026. For more information on this study, download the brochure by completing the form on this page or contact chemicals@woodmac.com. Global ethylene glycol and ethylene oxide demand is expected to witness a high growth on account of its vast industrial application especially in the manufacturing of pet bottles. Data are provided in downloadable excel workbooks that contain both tabular and interactive graphical formats. Global Ethylene Carbonate market size will increase to xx Million US$ by 2025, from xx Million US$ in 2017, at a CAGR of xx% during the forecast period. Included in this analysis are ethylene capacities by production asset, supply/demand balances for every ethylene producing and consuming country of the world, and key regional ethylene market price and margin forecasts. Construction of ethylene export terminal infrastructure is in progress but until it is ready, producers will need to turn to easier-to-export derivatives, such as polyethylene and MEG. The Rule of 3: Global oil market outlook – September 2018. Subscribe to our trusted data and analysis for global energy, chemicals, metals and mining industries. Buy our reports to address business challenges and make better commercial decisions with objective insights, analyses and data. 4 Global Ethylene oxide Ethylene Market, 2016-2026 (USD Million) FIG. Global ethylene carbonate market expected to generate around USD 372 million by 2024, at a CAGR of around 5.16% between 2018 and 2024. Due to its widespread industrial applications, ethylene is produced by petrochemicals companies worldwide. Furthermore, the demand for antifreeze is seasonal, which makes the global demand for MEG and respectively ethylene oxide quite predictable, as for the antifreeze use. If you would like to learn more about how we use cookies and how you can manage them, see our Cookie policy. The "Ethylene Oxide (EO): 2018 World Market Outlook and Forecast up to 2022" report has been added … Global ethylene market is set to witness a substantial CAGR of 8.95% in the forecast period of 2019- 2026. Data are provided in downloadable excel workbooks that contain both tabular and interactive graphical formats. The "Ethylene Oxide (EO): 2018 World Market Outlook and Forecast up to 2022" report has been added to … The report contains data of the base year 2018 and historic year 2017. FIG. © 2018 IHS Markit. 1. Global demand for ethylene oxide market stood at approximately USD 46 billion in 2018 and is expected to reach USD 69 billion by end of 2025, growing at a … Global demand for petrochemical products in 2017 and forecast for 2018 to 2023. As the demand for ethane feedstocks grows, prices will rise as costs of production and delivery increase, with basins located further away from the US Gulf Coast. Global Ethylene production by feed type (KTA ethylene by feed) Although China has added capacity over the last decade and growth will continue in the future, ethylene self-sufficiency remains low - in the range of 50% to 60%. 20 November 2018 Marifaith Hackett, Ph.D. 1990-2018 Global Ethylene Production Capacity in Million Metric Tons for the Period 2018 and 2030 Global Ethylene Distribution Demand by Percentage Market Share Natural resources research for financial services, Oil Field Services & Original Equipment Manufacturers, 2020 Featured Reports - Power & Renewables. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Ethylene Carbonate. The service includes a graphical user interface and offers the following: Natural resources research for financial services, Oil Field Services & Original Equipment Manufacturers, 2020 Featured Reports - Power & Renewables, Ethylene Global Supply Demand Analytics Service, Detailed global ethylene supply/demand balances for every country in the world, Integrated and realistic view of feedstock supply and derivative demand, Comprehensive ethylene production capacities itemized by operator, location, technology and size, Market price, cost and margin forecasts for ethylene in all major market centres of the world, including key assumptions for energy, feedstocks, operating costs and capital costs, Ethylene strategic outlook analysis report, Ethylene capacity and projects in a Microsoft Excel data file, Ethylene supply/demand balances in a Microsoft Excel data file, Ethylene price costs and cash margins in a Microsoft Excel data file. 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