Ethylene Steam Cracker Market
PUBLISHED: 2023 ID: SMRC24408
SHARE
SHARE

Ethylene Steam Cracker Market

Ethylene Steam Cracker Market Forecasts to 2030 - Global Analysis By Product Type (Ethylene, Propylene, Butadiene, Benzene and Other Product Types), Feedstock Type (Ethane, Propane, Naphtha, Liquefied Petroleum Gas (LPG) and Other Feedstock Types), Technology, End User and by Geography

4.9 (32 reviews)
4.9 (32 reviews)
Published: 2023 ID: SMRC24408

This report covers the impact of COVID-19 on this global market

CAGR (2023 - 2030)

7.5%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

Asia Pacific

Highest Growing Market

Middle East & Africa


According to Stratistics MRC, the Global Ethylene Steam Cracker Market is growing at a CAGR of 7.5% during the forecast period. An essential industrial facility used in the petrochemical sector to produce ethylene, an essential component of many chemicals and plastics, is an ethylene steam cracker. In this procedure, hydrocarbons—typically ethane or naphtha—are thermally cracked at high temperatures while steam is present. With ethylene as the main target, the main goal is to break larger hydrocarbon molecules into smaller ones. Moreover, complex hydrocarbons are broken down into simpler, more valuable compounds by the cracker's operation at extraordinarily high temperatures and pressures.

According to the conductivity of BZCYYb, the Ohmic overpotential associated with the electrolyte was 83 mV while the overpotential contributed by electrode reactions was 57 mV, including ethane oxidation reaction (EOR) and hydrogen evolution reaction (HER).

Market Dynamics: 

Driver: 

Growing need for polymers

Ethylene steam crackers play a vital role in the global plastics industry, which is being driven by trends like single-use medical products, lightweight automotive components, and e-commerce packaging. Because it is the preferred feedstock for the synthesis of polymers, ethylene is essential for meeting the diverse demands of industries that heavily depend on plastics. Furthermore, continuous innovation in steam cracking processes is necessary to support the production of eco-friendly plastics, as the demand for ethylene is shaped further by the changing landscape of sustainable packaging and circular economy initiatives.

Restraint:

Environmental issues and adherence to regulations

The operators of ethylene steam crackers face challenges from rising environmental awareness and strict regulations aimed at lowering carbon emissions and improving environmental sustainability. As environmental regulations change, it might be necessary to make large investments in energy efficiency upgrades, alternative, more sustainable feedstock research, and emission control technology. Moreover, industry participants face a difficult task when attempting to strike a balance between adhering to regulations and keeping costs low.

Opportunity:

Energy efficiency through technological innovation

The quest for technological innovation presents an opportunity for operators of ethylene steam crackers to lower operating costs and improve energy efficiency. Additionally, in the long run, more energy-efficient production techniques can increase competitiveness and sustainability by investigating advancements in reactor design, heat integration, and process intensification.

Threat:

Market volatility and economic downturns

Recessions and other economic downturns may cause consumer spending to decline and the market for products based on ethylene to decline. Furthermore, ethylene steam cracker operators' financial performance may be impacted by market volatility brought on by variables such as currency fluctuations, trade tensions, and uncertainty in the world economy. To overcome economic obstacles, one must create strong risk management plans, diversify product portfolios, and preserve financial flexibility.

Covid-19 Impact: 

On the market for ethylene steam crackers, the COVID-19 pandemic has had a variety of effects. When lockdowns and economic uncertainty resulted in lower consumption across a number of industries, most notably the construction and automotive sectors, the first disruption in 2020 created a demand slump. Production was also hampered by issues with the workforce, logistics, and the supply chain. However, the need for pharmaceuticals and packaging materials by the medical industry drove resurgence in the demand for ethylene-based products during the recovery that followed. A greater emphasis on remote monitoring and process optimization for the production of ethylene was brought about by the pandemic, which also accelerated trends toward digitalization.

The Ethylene segment is expected to be the largest during the forecast period

It is projected that ethylene will command the largest market share. Ethylene is essential to the petrochemical industry because it serves as a building block for numerous chemical products and plastics. Its extensive uses include the manufacturing of polyethylene, which is used to make packaging materials, and ethylene oxide, which is used to make a variety of consumer goods. The demand for ethylene is driven by its essential role in manufacturing processes in various industries, including textiles, construction, automotive, and packaging, and its versatility. Moreover, the ongoing expansion of these end-user markets reinforces ethylene's hegemony and establishes it as a major force behind the petrochemical market's dynamic dynamics.

The Plastics segment is expected to have the highest CAGR during the forecast period

In the market for ethylene steam crackers, the plastics segment has shown the highest CAGR. Because plastics can be used in a wide range of industries, including construction, electronics, automotive, and packaging, the industry has experienced significant growth. Additionally, the plastics market has experienced strong growth due to factors such as increased packaging requirements and the growing global need for strong, lightweight materials. The industry's steady ascent is also aided by advancements in polymer technologies, a heightened emphasis on recyclable and sustainable materials, and a growing consumer inclination toward plastic-based goods.

Region with largest share:

It is projected that the Asia-Pacific region, which includes the petrochemical industry, will hold the largest share of the market. The Asia-Pacific region has seen strong industrialization, urbanization, and a rise in manufacturing activities, driven by economic giants like China, India, and Japan. Moreover, these elements add to the substantial demand for petrochemical products, as does a sizable and expanding population. China, in particular, is essential since it is a significant producer and consumer of petrochemicals. The region's robust presence throughout the whole value chain, from the production of raw materials to end-use applications, is what drives its dominance.

Region with highest CAGR:

The market for ethylene steam crackers is growing at the highest CAGR in the Middle East and Africa (MEA) region. The region's plentiful hydrocarbon resources, calculated investments in petrochemical infrastructure, and initiatives to diversify economies are all credited with this growth. Middle Eastern nations, including Saudi Arabia, Qatar, and the United Arab Emirates, have made significant investments to increase their petrochemical capacities by taking advantage of their access to a plentiful supply of feedstock and their advantageous geographic positions for exports. Additionally, the region's emphasis on downstream industries, technological advancements, and partnerships with foreign partners highlight its growing significance as a petrochemical hub.

Key players in the market

Some of the key players in Ethylene Steam Cracker market include Chicago Bridge & Iron Company, Linde, Maire Tecnimont, China Huanqiu Contracting & Engineering Corporation, Samsung Engineering, Lummus, Shanghai Supezet Engineering Technology Corp., Ltd., Ningbo Liantong Equipment Group Co., Ltd., The Challenge Petrochemical Machinery Corporation Of Maoming, Technip Energies, Sinopec Engineering Incorporation, China Technical Consultants Inc and Wison.

Key Developments:

In November 2023, Lummus Technology and Citroniq Chemicals have announced that they have signed licensing and engineering agreements for green polypropylene plants in the US. The first plant, scheduled for completion in 2027, will produce 400 000 tpy of bio-polypropylene and will be first in North America with this production capability.

In October 2023, Samsung Engineering Co., Ltd. (SECL) and Carbon Clean have signed a Joint Development Agreement (JDA) to explore opportunities for Onboard Carbon Capture solutions (OCCS) projects. Samsung Engineering Co., Ltd. (SECL) is an engineering solutions and project management company and Carbon Clean is a global player in point source carbon capture. SECL and Carbon Clean signed the JDA at an official signing ceremony on 3 October at the 2023 Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC).

In June 2023, Linde plc LIN signed multiple contracts with chemical producer Wanhua Chemical Group, thereby expanding their partnership across various key areas in China.Linde will acquire three air separation units (ASUs) from Wanhua in Fujian province on China’s southeastern coast. The acquisition includes two ASUs, which are being developed. The ASUs are expected to be up and running in 2024 and 2025.

Product Types Covered:
• Ethylene
• Propylene
• Butadiene
• Benzene
• Other Product Types 
 
Feedstock Types Covered:
• Ethane
• Propane
• Naphtha
• Liquefied Petroleum Gas (LPG)
• Other Feedstock Types 

Technologies Covered:
• Conventional Steam Cracking
• Advanced Steam Cracking
• Other Technologies 

End Users Covered:
• Petrochemicals
• Plastics
• Rubber
• Chemicals
• Other End Users 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary       
        
2 Preface       
 2.1 Abstract      
 2.2 Stake Holders      
 2.3 Research Scope      
 2.4 Research Methodology      
  2.4.1 Data Mining     
  2.4.2 Data Analysis     
  2.4.3 Data Validation     
  2.4.4 Research Approach     
 2.5 Research Sources      
  2.5.1 Primary Research Sources     
  2.5.2 Secondary Research Sources     
  2.5.3 Assumptions     
        
3 Market Trend Analysis       
 3.1 Introduction      
 3.2 Drivers      
 3.3 Restraints      
 3.4 Opportunities      
 3.5 Threats      
 3.6 Product Analysis      
 3.7 Technology Analysis      
 3.8 End User Analysis      
 3.9 Emerging Markets      
 3.10 Impact of Covid-19      
        
4 Porters Five Force Analysis       
 4.1 Bargaining power of suppliers      
 4.2 Bargaining power of buyers      
 4.3 Threat of substitutes      
 4.4 Threat of new entrants      
 4.5 Competitive rivalry      
        
5 Global Ethylene Steam Cracker Market, By Product Type       
 5.1 Introduction      
 5.2 Ethylene      
 5.3 Propylene      
 5.4 Butadiene      
 5.5 Benzene      
 5.6 Other Product Types      
        
6 Global Ethylene Steam Cracker Market, By Feedstock Type       
 6.1 Introduction      
 6.2 Ethane      
 6.3 Propane      
 6.4 Naphtha      
 6.5 Liquefied Petroleum Gas (LPG)      
 6.6 Other Feedstock Types      
        
7 Global Ethylene Steam Cracker Market, By Technology       
 7.1 Introduction      
 7.2 Conventional Steam Cracking      
 7.3 Advanced Steam Cracking      
 7.4 Other Technologies      
        
8 Global Ethylene Steam Cracker Market, By End User       
 8.1 Introduction      
 8.2 Petrochemicals      
 8.3 Plastics      
 8.4 Rubber      
 8.5 Chemicals      
 8.6 Other End Users      
        
9 Global Ethylene Steam Cracker Market, By Geography       
 9.1 Introduction      
 9.2 North America      
  9.2.1 US     
  9.2.2 Canada     
  9.2.3 Mexico     
 9.3 Europe      
  9.3.1 Germany     
  9.3.2 UK     
  9.3.3 Italy     
  9.3.4 France     
  9.3.5 Spain     
  9.3.6 Rest of Europe     
 9.4 Asia Pacific      
  9.4.1 Japan     
  9.4.2 China     
  9.4.3 India     
  9.4.4 Australia     
  9.4.5 New Zealand     
  9.4.6 South Korea     
  9.4.7 Rest of Asia Pacific     
 9.5 South America      
  9.5.1 Argentina     
  9.5.2 Brazil     
  9.5.3 Chile     
  9.5.4 Rest of South America     
 9.6 Middle East & Africa      
  9.6.1 Saudi Arabia     
  9.6.2 UAE     
  9.6.3 Qatar     
  9.6.4 South Africa     
  9.6.5 Rest of Middle East & Africa     
        
10 Key Developments       
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures      
 10.2 Acquisitions & Mergers      
 10.3 New Product Launch      
 10.4 Expansions      
 10.5 Other Key Strategies      
        
11 Company Profiling       
 11.1 Chicago Bridge & Iron Company      
 11.2 Linde      
 11.3 Maire Tecnimont      
 11.4 China Huanqiu Contracting & Engineering Corporation      
 11.5 Samsung Engineering      
 11.6 Lummus      
 11.7 Shanghai Supezet Engineering Technology Corp., Ltd.      
 11.8 Ningbo Liantong Equipment Group Co., Ltd.      
 11.9 The Challenge Petrochemical Machinery Corporation Of Maoming      
 11.10 Technip Energies      
 11.11 Sinopec Engineering Incorporation      
 11.12 China Technical Consultants Inc      
 11.13 Wison      
        
List of Tables        
1 Global Ethylene Steam Cracker Market Outlook, By Region (2021-2030) ($MN)       
2 Global Ethylene Steam Cracker Market Outlook, By Product Type (2021-2030) ($MN)       
3 Global Ethylene Steam Cracker Market Outlook, By Ethylene (2021-2030) ($MN)       
4 Global Ethylene Steam Cracker Market Outlook, By Propylene (2021-2030) ($MN)       
5 Global Ethylene Steam Cracker Market Outlook, By Butadiene (2021-2030) ($MN)       
6 Global Ethylene Steam Cracker Market Outlook, By Benzene (2021-2030) ($MN)       
7 Global Ethylene Steam Cracker Market Outlook, By Other Product Types (2021-2030) ($MN)       
8 Global Ethylene Steam Cracker Market Outlook, By Feedstock Type (2021-2030) ($MN)       
9 Global Ethylene Steam Cracker Market Outlook, By Ethane (2021-2030) ($MN)       
10 Global Ethylene Steam Cracker Market Outlook, By Propane (2021-2030) ($MN)       
11 Global Ethylene Steam Cracker Market Outlook, By Naphtha (2021-2030) ($MN)       
12 Global Ethylene Steam Cracker Market Outlook, By Liquefied Petroleum Gas (LPG) (2021-2030) ($MN)       
13 Global Ethylene Steam Cracker Market Outlook, By Other Feedstock Types (2021-2030) ($MN)       
14 Global Ethylene Steam Cracker Market Outlook, By Technology (2021-2030) ($MN)       
15 Global Ethylene Steam Cracker Market Outlook, By Conventional Steam Cracking (2021-2030) ($MN)       
16 Global Ethylene Steam Cracker Market Outlook, By Advanced Steam Cracking (2021-2030) ($MN)       
17 Global Ethylene Steam Cracker Market Outlook, By Other Technologies (2021-2030) ($MN)       
18 Global Ethylene Steam Cracker Market Outlook, By End User (2021-2030) ($MN)       
19 Global Ethylene Steam Cracker Market Outlook, By Petrochemicals (2021-2030) ($MN)       
20 Global Ethylene Steam Cracker Market Outlook, By Plastics (2021-2030) ($MN)       
21 Global Ethylene Steam Cracker Market Outlook, By Rubber (2021-2030) ($MN)       
22 Global Ethylene Steam Cracker Market Outlook, By Chemicals (2021-2030) ($MN)       
23 Global Ethylene Steam Cracker Market Outlook, By Other End Users (2021-2030) ($MN)       
24 North America Ethylene Steam Cracker Market Outlook, By Country (2021-2030) ($MN)       
25 North America Ethylene Steam Cracker Market Outlook, By Product Type (2021-2030) ($MN)       
26 North America Ethylene Steam Cracker Market Outlook, By Ethylene (2021-2030) ($MN)       
27 North America Ethylene Steam Cracker Market Outlook, By Propylene (2021-2030) ($MN)       
28 North America Ethylene Steam Cracker Market Outlook, By Butadiene (2021-2030) ($MN)       
29 North America Ethylene Steam Cracker Market Outlook, By Benzene (2021-2030) ($MN)       
30 North America Ethylene Steam Cracker Market Outlook, By Other Product Types (2021-2030) ($MN)       
31 North America Ethylene Steam Cracker Market Outlook, By Feedstock Type (2021-2030) ($MN)       
32 North America Ethylene Steam Cracker Market Outlook, By Ethane (2021-2030) ($MN)       
33 North America Ethylene Steam Cracker Market Outlook, By Propane (2021-2030) ($MN)       
34 North America Ethylene Steam Cracker Market Outlook, By Naphtha (2021-2030) ($MN)       
35 North America Ethylene Steam Cracker Market Outlook, By Liquefied Petroleum Gas (LPG) (2021-2030) ($MN)       
36 North America Ethylene Steam Cracker Market Outlook, By Other Feedstock Types (2021-2030) ($MN)       
37 North America Ethylene Steam Cracker Market Outlook, By Technology (2021-2030) ($MN)       
38 North America Ethylene Steam Cracker Market Outlook, By Conventional Steam Cracking (2021-2030) ($MN)       
39 North America Ethylene Steam Cracker Market Outlook, By Advanced Steam Cracking (2021-2030) ($MN)       
40 North America Ethylene Steam Cracker Market Outlook, By Other Technologies (2021-2030) ($MN)       
41 North America Ethylene Steam Cracker Market Outlook, By End User (2021-2030) ($MN)       
42 North America Ethylene Steam Cracker Market Outlook, By Petrochemicals (2021-2030) ($MN)       
43 North America Ethylene Steam Cracker Market Outlook, By Plastics (2021-2030) ($MN)       
44 North America Ethylene Steam Cracker Market Outlook, By Rubber (2021-2030) ($MN)       
45 North America Ethylene Steam Cracker Market Outlook, By Chemicals (2021-2030) ($MN)       
46 North America Ethylene Steam Cracker Market Outlook, By Other End Users (2021-2030) ($MN)       
47 Europe Ethylene Steam Cracker Market Outlook, By Country (2021-2030) ($MN)       
48 Europe Ethylene Steam Cracker Market Outlook, By Product Type (2021-2030) ($MN)       
49 Europe Ethylene Steam Cracker Market Outlook, By Ethylene (2021-2030) ($MN)       
50 Europe Ethylene Steam Cracker Market Outlook, By Propylene (2021-2030) ($MN)       
51 Europe Ethylene Steam Cracker Market Outlook, By Butadiene (2021-2030) ($MN)       
52 Europe Ethylene Steam Cracker Market Outlook, By Benzene (2021-2030) ($MN)       
53 Europe Ethylene Steam Cracker Market Outlook, By Other Product Types (2021-2030) ($MN)       
54 Europe Ethylene Steam Cracker Market Outlook, By Feedstock Type (2021-2030) ($MN)       
55 Europe Ethylene Steam Cracker Market Outlook, By Ethane (2021-2030) ($MN)       
56 Europe Ethylene Steam Cracker Market Outlook, By Propane (2021-2030) ($MN)       
57 Europe Ethylene Steam Cracker Market Outlook, By Naphtha (2021-2030) ($MN)       
58 Europe Ethylene Steam Cracker Market Outlook, By Liquefied Petroleum Gas (LPG) (2021-2030) ($MN)       
59 Europe Ethylene Steam Cracker Market Outlook, By Other Feedstock Types (2021-2030) ($MN)       
60 Europe Ethylene Steam Cracker Market Outlook, By Technology (2021-2030) ($MN)       
61 Europe Ethylene Steam Cracker Market Outlook, By Conventional Steam Cracking (2021-2030) ($MN)       
62 Europe Ethylene Steam Cracker Market Outlook, By Advanced Steam Cracking (2021-2030) ($MN)       
63 Europe Ethylene Steam Cracker Market Outlook, By Other Technologies (2021-2030) ($MN)       
64 Europe Ethylene Steam Cracker Market Outlook, By End User (2021-2030) ($MN)       
65 Europe Ethylene Steam Cracker Market Outlook, By Petrochemicals (2021-2030) ($MN)       
66 Europe Ethylene Steam Cracker Market Outlook, By Plastics (2021-2030) ($MN)       
67 Europe Ethylene Steam Cracker Market Outlook, By Rubber (2021-2030) ($MN)       
68 Europe Ethylene Steam Cracker Market Outlook, By Chemicals (2021-2030) ($MN)       
69 Europe Ethylene Steam Cracker Market Outlook, By Other End Users (2021-2030) ($MN)       
70 Asia Pacific Ethylene Steam Cracker Market Outlook, By Country (2021-2030) ($MN)       
71 Asia Pacific Ethylene Steam Cracker Market Outlook, By Product Type (2021-2030) ($MN)       
72 Asia Pacific Ethylene Steam Cracker Market Outlook, By Ethylene (2021-2030) ($MN)       
73 Asia Pacific Ethylene Steam Cracker Market Outlook, By Propylene (2021-2030) ($MN)       
74 Asia Pacific Ethylene Steam Cracker Market Outlook, By Butadiene (2021-2030) ($MN)       
75 Asia Pacific Ethylene Steam Cracker Market Outlook, By Benzene (2021-2030) ($MN)       
76 Asia Pacific Ethylene Steam Cracker Market Outlook, By Other Product Types (2021-2030) ($MN)       
77 Asia Pacific Ethylene Steam Cracker Market Outlook, By Feedstock Type (2021-2030) ($MN)       
78 Asia Pacific Ethylene Steam Cracker Market Outlook, By Ethane (2021-2030) ($MN)       
79 Asia Pacific Ethylene Steam Cracker Market Outlook, By Propane (2021-2030) ($MN)       
80 Asia Pacific Ethylene Steam Cracker Market Outlook, By Naphtha (2021-2030) ($MN)       
81 Asia Pacific Ethylene Steam Cracker Market Outlook, By Liquefied Petroleum Gas (LPG) (2021-2030) ($MN)       
82 Asia Pacific Ethylene Steam Cracker Market Outlook, By Other Feedstock Types (2021-2030) ($MN)       
83 Asia Pacific Ethylene Steam Cracker Market Outlook, By Technology (2021-2030) ($MN)       
84 Asia Pacific Ethylene Steam Cracker Market Outlook, By Conventional Steam Cracking (2021-2030) ($MN)       
85 Asia Pacific Ethylene Steam Cracker Market Outlook, By Advanced Steam Cracking (2021-2030) ($MN)       
86 Asia Pacific Ethylene Steam Cracker Market Outlook, By Other Technologies (2021-2030) ($MN)       
87 Asia Pacific Ethylene Steam Cracker Market Outlook, By End User (2021-2030) ($MN)       
88 Asia Pacific Ethylene Steam Cracker Market Outlook, By Petrochemicals (2021-2030) ($MN)       
89 Asia Pacific Ethylene Steam Cracker Market Outlook, By Plastics (2021-2030) ($MN)       
90 Asia Pacific Ethylene Steam Cracker Market Outlook, By Rubber (2021-2030) ($MN)       
91 Asia Pacific Ethylene Steam Cracker Market Outlook, By Chemicals (2021-2030) ($MN)       
92 Asia Pacific Ethylene Steam Cracker Market Outlook, By Other End Users (2021-2030) ($MN)       
93 South America Ethylene Steam Cracker Market Outlook, By Country (2021-2030) ($MN)       
94 South America Ethylene Steam Cracker Market Outlook, By Product Type (2021-2030) ($MN)       
95 South America Ethylene Steam Cracker Market Outlook, By Ethylene (2021-2030) ($MN)       
96 South America Ethylene Steam Cracker Market Outlook, By Propylene (2021-2030) ($MN)       
97 South America Ethylene Steam Cracker Market Outlook, By Butadiene (2021-2030) ($MN)       
98 South America Ethylene Steam Cracker Market Outlook, By Benzene (2021-2030) ($MN)       
99 South America Ethylene Steam Cracker Market Outlook, By Other Product Types (2021-2030) ($MN)       
100 South America Ethylene Steam Cracker Market Outlook, By Feedstock Type (2021-2030) ($MN)       
101 South America Ethylene Steam Cracker Market Outlook, By Ethane (2021-2030) ($MN)       
102 South America Ethylene Steam Cracker Market Outlook, By Propane (2021-2030) ($MN)       
103 South America Ethylene Steam Cracker Market Outlook, By Naphtha (2021-2030) ($MN)       
104 South America Ethylene Steam Cracker Market Outlook, By Liquefied Petroleum Gas (LPG) (2021-2030) ($MN)       
105 South America Ethylene Steam Cracker Market Outlook, By Other Feedstock Types (2021-2030) ($MN)       
106 South America Ethylene Steam Cracker Market Outlook, By Technology (2021-2030) ($MN)       
107 South America Ethylene Steam Cracker Market Outlook, By Conventional Steam Cracking (2021-2030) ($MN)       
108 South America Ethylene Steam Cracker Market Outlook, By Advanced Steam Cracking (2021-2030) ($MN)       
109 South America Ethylene Steam Cracker Market Outlook, By Other Technologies (2021-2030) ($MN)       
110 South America Ethylene Steam Cracker Market Outlook, By End User (2021-2030) ($MN)       
111 South America Ethylene Steam Cracker Market Outlook, By Petrochemicals (2021-2030) ($MN)       
112 South America Ethylene Steam Cracker Market Outlook, By Plastics (2021-2030) ($MN)       
113 South America Ethylene Steam Cracker Market Outlook, By Rubber (2021-2030) ($MN)       
114 South America Ethylene Steam Cracker Market Outlook, By Chemicals (2021-2030) ($MN)       
115 South America Ethylene Steam Cracker Market Outlook, By Other End Users (2021-2030) ($MN)       
116 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Country (2021-2030) ($MN)       
117 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Product Type (2021-2030) ($MN)       
118 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Ethylene (2021-2030) ($MN)       
119 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Propylene (2021-2030) ($MN)       
120 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Butadiene (2021-2030) ($MN)       
121 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Benzene (2021-2030) ($MN)       
122 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Other Product Types (2021-2030) ($MN)       
123 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Feedstock Type (2021-2030) ($MN)       
124 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Ethane (2021-2030) ($MN)       
125 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Propane (2021-2030) ($MN)       
126 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Naphtha (2021-2030) ($MN)       
127 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Liquefied Petroleum Gas (LPG) (2021-2030) ($MN)       
128 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Other Feedstock Types (2021-2030) ($MN)       
129 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Technology (2021-2030) ($MN)       
130 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Conventional Steam Cracking (2021-2030) ($MN)       
131 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Advanced Steam Cracking (2021-2030) ($MN)       
132 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Other Technologies (2021-2030) ($MN)       
133 Middle East & Africa Ethylene Steam Cracker Market Outlook, By End User (2021-2030) ($MN)       
134 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Petrochemicals (2021-2030) ($MN)       
135 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Plastics (2021-2030) ($MN)       
136 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Rubber (2021-2030) ($MN)       
137 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Chemicals (2021-2030) ($MN)       
138 Middle East & Africa Ethylene Steam Cracker Market Outlook, By Other End Users       

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

Frequently Asked Questions

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials