Ethane Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Ethane Market: By Application Type (Ethylene Synthesis, Acetic Acid Synthesis, Refrigerant, Others), End User (Packaging, Automotive, Construction, Agrochemicals, Textile, Others), and Geography

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Description
Table Of Content
Company Profile

Report

Description

Ethane Market size was valued at USD 631 Mn in 2021 and is poised to grow at a significant CAGR of 6.8% during the forecast period 2022-28. Ethane is used in the making of ethylene glycol (1,2-ethanediol) which is used as automotive antifreeze agent as well as a precursor to polymers. It also aids in the manufacturing of polymers including, polyethylene (Polythene), polystyrene, polyester, polyvinyl chloride (PVC). In a refinery, ethane is produced as portion of the refinery gas produced by many refinery process units also generally left in the gas scorched as refinery fuel. Consequently, the augmented demand for the gas from end-use industries will create new opportunities for the leading manufacturers functioning in the market. However, stringent government regulations relating to the manufacture and use of ethane is hampering the market growth. Global Ethane market report gives comprehensive outlook on Ethane across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa. The report on global Ethane market gives historical, current, and future market sizes (US$ Mn) on the basis of application, end user, and regions. This report studies global Ethane market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global Ethane market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global Ethane market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global Ethane market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global Ethane products. Key players in global ethane market enhance their product portfolio and consumer base by adopting striking market strategy like collaborations, acquisitions, technological innovations, among others. For instance, Aug. 21, 2018 — LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, announced it has completed the acquisition of A. Schulman, Inc., a leading global supplier of high-performance plastic compounds, composites and powders.

Ethane Market

MARKET SUMMARY

6.8% CAGR

Study Period– 2022 – 2028
Base Year– 2021
CAGR– 6.8%
Largest Market– APAC
Fastest Growing Market– North America

Ethane Market

Global ethane market expanding at significant CAGR over 2022 to 2028 due to increasing demand for polyethylene.
Based on application type, ethylene synthesis segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period.
Players focusing on innovation of newer products and collaboration strategies to retain market position in global ethane market.

Market Key Players

Royal Dutch Shell PLC (the Netherlands)
Merck KGaA (Germany)
Air Liquide (France)
Praxair Technology Inc. (US)
Reliance Industries Limited (India)
The Williams Companies Inc. (US)

Drivers And Restraints

Ethane Market

Ethane is predominantly used for ethylene synthesis, acetic acid synthesis, refrigerant, and others. Ethylene synthesis segment is the leader in the global ethane market. The growth in this segment is due to the extensive usage of ethylene through a number of end-use industries. The segment is also expected to grow at a debauched CAGR in the near future. It is predominantly used in the making of ethanol (industrial Alcohol), which is used as an organic solvent or else in the production of numerous chemical intermediates. Ethane derivative vinyl acetate monomer finds a majority of application in barrier resins, paints, adhesives, and paper coatings. Moreover, it supports the maturing of climacteric fruits and dehiscence of dry fruits. Ethylene is used to encourage synthetic ripening of various fruits like apple, mango, banana, etc.

Asia Pacific got significant share

Ethane Market

APAC is considered to be front runner and is estimated to register a noteworthy CAGR of XX%. APAC is expected to lead the global market in the coming years. Rising use of plastics coupled with the growth of the retail and e-commerce industry, besides ongoing construction activities in several countries of APAC are some of the chief dynamics responsible for the growth of market in this region. The market in North America region is developing at a significant pace owing to the rising consumption of ethylene product in various end users such as packaging, automotive, construction, and others. It is foreseen that rising funds from the end-use industries is expected to drive the market in the near future.

Latin-America

North-America

Europe

Asia-Pacific

Middle East

Key

Key Features of the Report

The report provides granular level information about the market size, regional market share, historic market and forecast
The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
The report tracks recent innovations, key developments and startup’s details that are actively working in the market
The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market.

Segmentation

Ethane Market

By Application Type

Ethylene synthesis
Acetic acid synthesis
Refrigerant
Others

By End User Type

Packaging
Automotive
Construction
Agrochemicals
Textile
Others

Geography

North America

US
Canada

Europe

Germany
UK
France
Russia
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
ASEAN
Rest of Asia Pacific

Latin America

Brazil
Mexico
Argentina
Chile
Rest of Latin America

Middle East and Africa

South Africa
Gulf Corporation Council Counties (GCC)
Rest of MEA

Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

Report

Table Of Content

Table of Content

Executive Summary
Global Ethane Market Introduction
- Global Ethane Market – Taxonomy
- Global Ethane Market –Definitions
  - Application
  - End User

Global Ethane Market Dynamics
- Drivers
- Restraints
- Opportunities/Unmet Needs of the Market
- Trends
- Global Ethane Market Dynamic Factors – Impact Analysis
- Global Ethane Market – Competition Landscape
Global Ethane Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
- Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
- Year-over-Year (Y-o-Y) Growth Analysis (%)
- Market Opportunity Analysis
Global Ethane Market, By Application Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
- Ethylene Synthesis
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Acetic Acid Synthesis
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Refrigerant
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Others
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis

Global Ethane Market, By End User Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
- Packaging
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Automotive
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Construction
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Agrochemicals
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Textile
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Others
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis

Global Ethane Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
- North America
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Europe
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Asia-Pacific
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Latin America
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Middle East and Africa
  - Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
  - Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  - Market Opportunity Analysis
- Global Ethane Market – Opportunity Analysis Index, By Application, End User and Region, 2019 – 2025
North America Ethane Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
- By Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Ethylene synthesis
  - Acetic acid synthesis
  - Refrigerant
  - Others
- By End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Packaging
  - Automotive
  - Construction
  - Agrochemicals
  - Textile
  - Others
- Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - US.
  - Canada
- North America Ethane Market – Opportunity Analysis Index, By Application, End User and Country, 2019 – 2025
- North America Ethane Market Dynamics – Trends
Europe Ethane Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
- By Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Ethylene synthesis
  - Acetic acid synthesis
  - Refrigerant
  - Others
- By End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Packaging
  - Automotive
  - Construction
  - Agrochemicals
  - Textile
  - Others
- Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Germany
  - UK
  - France
  - Spain
  - Italy
  - Russia
  - Rest of Europe
- Europe Ethane Market – Opportunity Analysis Index, By Application, End User and Country, 2019 – 2025
- Europe Ethane Market Dynamics – Trends
Asia-Pacific Ethane Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
- By Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Ethylene synthesis
  - Acetic acid synthesis
  - Refrigerant
  - Others
- By End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Packaging
  - Automotive
  - Construction
  - Agrochemicals
  - Textile
  - Others
- Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Japan
  - China
  - India
  - ASEAN
  - Rest of Asia-Pacific
- Asia-Pacific Ethane Market – Opportunity Analysis Index, By Application, End User and Country, 2019 – 2025
- Asia-Pacific Ethane Market Dynamics – Trends
Latin America Ethane Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
- By Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Ethylene synthesis
  - Acetic acid synthesis
  - Refrigerant
  - Others
- By End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Packaging
  - Automotive
  - Construction
  - Agrochemicals
  - Textile
  - Others
- Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - Brazil
  - Mexico
  - Argentina
  - Chile
  - Rest of Latin America
- Latin America Ethane Market – Opportunity Analysis Index, By Application, End User and Country, 2019 – 2025
- Latin America Ethane Market Dynamics – Trends
Middle East and Africa Ethane Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
- By Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Ethylene synthesis
  - Acetic acid synthesis
  - Refrigerant
  - Others
- By End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
  - Packaging
  - Automotive
  - Construction
  - Agrochemicals
  - Textile
  - Others
- Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
  - South Africa
  - Gulf Cooperation Council (GCC) Countries
  - Rest of MEA
- MEA Ethane Market – Opportunity Analysis Index, By Application, End User and Country, 2019 – 2025
- MEA Ethane Market Dynamics – Trends
Competition Landscape
- Strategic Dashboard of Top Market Players
- Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
  - Royal Dutch Shell PLC (the Netherlands)
  - Merck KGaA (Germany)
  - Air Liquide (France)
  - Praxair Technology Inc. (US)
  - Reliance Industries Limited (India)
  - The Williams Companies Inc. (US)
  - DCP Midstream LLC (US)
  - Energy Transfer Partners LP (US)
  - American Ethane (US)
  - Enterprise Products Partners LP (US)
  - Devon Energy Corporation (US)
  - Targa Resources Corp. (US)
  - Aux Sable (US)
  - Boardwalk Louisiana Midstream, LLC (US)
  - Enbridge Inc. (Canada),