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C&M: Global Ethylene market report published

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Global Ethylene Industry - Feedstock Advantage Shifts New Investments to the US - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-17 19:03:01
The global ethylene market is forecast to increase slightly in the coming years, climbing from $131.88 billion in 2012 to $177.83 billion by 2017, at a Compound Annual Growth Rate (CAGR) of 6.2%. The Asia-Pacific region will drive the ethylene industry, with its own market expected to increase from $50.59 billion in 2012 to $71.63 billion by 2017, at a CAGR of 7.2%. North America will rank just behind, growing from $37.78 billion in 2012 to $46.61 billion by 2017, at a CAGR of 4.3%.

Additionally, Asia-Pacific will continue to be the largest region in terms of capacity addition, growing from 49.67 million tons per year (MMTY) in 2012 to 67.40 MMTY by 2017, at a CAGR of 6.3%.

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