Global Olefins Market is a whole history evaluation of industry, which consists of an evaluation of the parental market. The Global Olefins Market report provides an in-depth overview of Product Specification, technology, product type and production evaluation considering essential factors such as Revenue, Cost, Gross and Gross Margin. This learn about additionally analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, income channels, distributors and Porter’s Five Forces Analysis. The Global Olefins Market is changing due to key players and brands making movements such as developments, product launches, joint ventures, merges and accusations that in turn change the view of the Chemical and Materials industry’s global face. The global market report on Global Olefins Market also contains market drivers and restraints derived from SOWT analysis, and also shows what all of the recent developments, product launches, joint ventures, merges and accusations made by the various key players and brands that drive the market are by systemic company profiles.
Key Market Competitors:
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. are few of the major competitors currently present in the market.
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Market Analysis: Global Olefins Market
Global Olefins Market is expected to grow with a steady CAGR in the forecast period of 2019-2026.
The report contains data from the base year of 2018, and the historic year of 2017.
This rise in market value can be attributed to the adoption of innovative production methods and advancements in technologies.
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.
Middle East and Africa
Table of Contents:
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
- North America
- South America
- Middle East & Africa
- Company Landscape
- Company Profiles
- Related Reports
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Key Developments in the Market:
In August 2018, LyondellBasell Industries Holdings B.V. announced that they had completed the acquisition of A. Schulman, Inc. This acquisition will help LyondellBasell Industries Holdings B.V. significantly increase the production capacity of olefins and expand the product offerings for both the organizations.
In July 2017, NOVA Chemicals Corporation announced that they had completed the acquisition of William Partners LP’s share in the olefins plant situated in Louisiana, United States as well as the share in Ethylene Trading Hub situated in Texas, United States. This acquisition will help the company in entering and providing solutions to the American region.
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.
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
Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
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