Ethylene Industry Outlook In The US To 2017 - Market Size, Company Share, Price Trends, Capacity Forecasts Of All Active And Planned Plants
(PRWEB) November 24, 2014 -- Ethylene (C2H4) is a vital basic chemical product that finds its use in various end-use applications in the overall chemical industry. Ethylene has a variety of production methods and is mainly used to produce other raw materials including, steam cracking of paraffinic hydrocarbons or separation from refinery gas.
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Some of the major changes in the global ethylene market are expected to take place in the next few years until 2017. The global ethylene market will be primarily driven by diverging consumption growth and feedstock cost trends between different geographic regions. The U.S. will continue to play a dominant role for both demand and supply of ethylene at a global level. The ethylene supply in the U.S. has massively increased in the wake of the shale gas revolution. Many petrochemical companies in the U.S. have triggered several billion dollar investment projects in the effort to expand the ethylene production and the most common feedstock for ethylene manufacturing, switching from naphtha and light gas oil to ethane.
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An overview of the ethylene industry also shows that abundant, low cost ethane supplies from the U.S. shale gas industry are some of the important factors supporting the revival of large investment projects in this region.
Besides, the Ethylene industry outlook and forecasts that covers all active and planned plants in the U.S. to 2017, the reports also cover the overall market analysis and overview of the Middle East, APAC and RoW regions, in terms of their market landscapes and growth prospects.
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Marketresearchreports.biz provides informative and professional market reports on Ethylene Industry Outlook in the US to 2017 covering an in-depth market survey on the global ethylene market. The overall database of market reports based on global ethylene industry includes details of all the important parameters such as, the definition, classification, application structure, top manufacturers, production value, ethylene carbonate listing the capacity and their product specifications, and more. Browse through a comprehensive selection of these reports on Marketresearchreports.biz to back your next business decision.
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