Ascent of Ethylene – Ceresana Announces New Market Study
Ethylene is the most produced petrochemical. The producers are back on the road to record sales.
Market Study Ethylene(firmenpresse) - Ethylene is needed for plastic bottles, textile fibers and water pipes. The most produced petrochemical is mainly used for the production of plastic. A new study of the market research institute Ceresana Research shows that ethylene producers are recovering from the sharp drop in the year 2009. "By 2017, worldwide ethylene revenue will reach again the current 2008 peak volume, which is more than 160 billion US$,“ explains Oliver Kutsch, president of Ceresana Research. "Ethylene prices already recovered during 2010, after they had declined at an average rate of 35% in 2009."
China, the pioneer
The Asia-Pacific region will continue to dominate the market in future and generate more than a third of worldwide demand. The pioneer will be China that will rise to become the greatest ethylene consumer worldwide, and will therefore drive out the United States to the second place, followed by Saudi Arabia. However, countries of the Middle East exhibit the largest increases in ethylene production and demand. Volumes in the Middle East have doubled over the past eight years, and Ceresana Research expects to see a further doubling by 2015.
Ethylene becomes polyethylene
More than a third of the sold ethylene is processed into polyethylene, which is for example used in construction materials made of HDPE, or LDPE packaging. The production of ethylene oxide accounts for roughly 11% of global ethylene demand. Ethylene oxide is mainly used to produce ethylene glycol which is a pre-product of polyester. The production of textile fibers is, above all, growing significantly in Asia. Additionally, producers of ethylene oxide are profiting from the substitution of glass by PET bottles.
A comprehensive analysis
On 812 pages, the "Market Study Ethylene" explores the ethylene market, and includes forecasts until 2017 in regard to demand, production, import, export, revenues and prices. The study offers a comprehensive insight into the development of the 7 world regions. 55 countries are analyzed: demand divided by applications, production, capacities and trade as well as their influencing factors. Applications include HDPE, LLDPE, LDPE, ethylene oxide, EDC, ethylbenzene and acetaldehyde, ethanol, linear alcohols, vinyl acetate, and alpha-olefins. The study provides you with a useful list of 117 profiles of manufacturers and is available in English or German, exclusively from Ceresana Research.
Themen in dieser Pressemitteilung:
ethylene
polyethylene
hdpe
lldpe
ldpe
ethylene-oxide
edc
ethylbenzene
acetaldehyde
ethanol
linear-alcohols
vinyl-acetate
alpha
olefins
market
forecasts
consumption
production
import
export
sales
prices
demand
applications
capacities
Unternehmensinformation / Kurzprofil:
Ceresana Research is one of the world's leading industrial market research institutions. Companies, institutions, and associations from more than 45 countries have already profited from our global market data and well-founded prognoses. Our core competencies include chemicals + plastics + additives + commodities + materials + industrial components + packaging + construction materials.
Visit us at www.ceresana.com/en
Ceresana Research
Blarerstr. 56
78462 Konstanz
Germany
Tel.: +49 7531 94293 0
Fax: +49 7531 94293 27
info(at)ceresana.com
Ceresana Research
Blarerstr. 56
78462 Konstanz
Germany
Tel.: +49 7531 94293 0
Fax: +49 7531 94293 27
Press contact: Martin Ebner, M.A., m.ebner(at)ceresana.com
Datum: 14.02.2011 - 16:02 Uhr
Sprache: Deutsch
News-ID 27957
Anzahl Zeichen: 0
contact information:
Contact person: Martin Ebner
Town:
Konstanz
Phone: +49 7531 94293 0
Kategorie:
Chemical industry
Typ of Press Release: Produktankündigung
type of sending: Veröffentlichung
Date of sending: 14.02.2011
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