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Global Olefins Market 2019: Size, Share, Scope, Growth Opportunities Analysis By Exxon Mobil Corporation; INEOS AG; Royal Dutch Shell; National Petrochemical Company; China Petroleum & Chemical Corporation. And Others

Market Definition: Olefins Market

Global Olefins Market is expected to grow with a steady CAGR in the forecast period of 2019-2026.

Olefins are chemical compounds that are used as a manufacturing component for various other chemical components. The productions of these compounds are based on the crude oil, naphtha or natural gases. These consist of hydrogen and carbon atoms in the molecular structure are used widely in the production of plastic products.

The report have conversed on the progress trend of the global market this report will endow both established key players as well as new entrants to identify the pulses of the global market. This report offers a competitive assessment of top-level industries across the globe.it provides in-depth analysis of different market dynamics such as drivers, restraints and opportunities. It offers a broad overview of the global market by offering business profiles of leading enterprises, the report offers a demand – supply and market value analysis. For a detailed analysis of the different factors like import, export and local consumption.

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Key Market Competitors: Olefins Market 

Few of the major competitors are Exxon Mobil Corporation; INEOS AG; Royal Dutch Shell; National Petrochemical Company; China Petroleum & Chemical Corporation; SABIC; DowDuPont; Total; NOVA Chemicals Corporation; Chevron Phillips Chemical Company; LyondellBasell Industries Holdings B.V.; Sasol; Evonik Industries AG; Qatar Chemical Company Ltd; PJSC “Nizhnekamskneftekhim”; Mitsubishi Chemical Corporation; Idemitsu Kosan Co.,Ltd.; Petro Rabigh; Mitsui Chemicals, Inc.; Jam Petrochemical Company; TPC Group; Oil and Natural Gas Corporation Ltd.

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Major Market Drivers & Restraints are as follows:

  • Growth in demand from the plastics industry for PAO-based plastic products; this factor is expected to act as a driver for the market growth
  • Increasing innovations and advancements in the production methods resulting in enhanced efficiency of production process and enhanced product offering; this factor is expected to drive the market growth
  • Vulnerable and fluctuating prices of raw materials for the manufacturing of olefins are expected to act as a restraint to the market growth

Market Segmentation:  Olefins Market

  • By Type
    • Ethylene
    • Propylene
    • Butadiene
    • Butylene
    • Others
  • By Applications
    • Olefin Glycols
    • Olefin Oxides
    • Ethylbenzene
    • Polyolefins
    • Cumene
  • By Geography
    • North America
      • US
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
      • Russia
      • Turkey
      • Belgium
      • Netherlands
      • Rest of Europe
    • Asia-Pacific
      • Japan
      • China
      • South Korea
      • India
      • Australia
      • Singapore

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Company Analysis:

Global olefins market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of olefins market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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