U.S. Olefins Market-By Class(Ethylene, Propylene)Ethylene Type (Polyethylene, Ethylene glycol, Vinyls, Styrene, Others) Propylene Type(Polypropylene, Cumene, Acrylonitrile, Others) Ethylene By Feedstock; Propylene By ProcessForecast(2014-2020) Published Date: 25 November, 2015 Number of Pages: 60 Contact: Sanjay Matthews sales@industryarc.com #: +1-614-588-8538 (Ext: 101)
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ď ą Olefins, also known as Alkene, a compound made up of carbon and hydrogen which contains one or more pairs of carbon atoms concatenated by a double bond. Ethylene and propylene are the compounds formed from oligomerization. ď ą Ethane is one of the most important feedstock in the U.S. accounting for approximately 70% of the ethylene market. In U.S. majority of the ethylene is produced from ethane followed by propane and naphtha. Ethylene market in the U.S. is anticipated to grow at a CAGR of 4.3% from 2015 to 2020.
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Geographical Brief of U.S. Olefins Market: The US olefins market will remain tight in 2008 as strong demand and lack of spare capacity will keep US ethylene and propylene inventories low. Unless there is a slowdown or breakdown in economy, the U.S. is expected to remain tight as the leading market region of the Olefins Market. Despite the recent hurdles, the U.S. is forecasted to stay significant in terms of generating healthy revenues in the global olefins market.
APAC has been the healthiest and fastest growing regional market in the recent years, according to study.
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Prominent Drivers of U.S. Olefins Market: ď ą The increasing use of plastics for packaging applications is a major driver of the U.S. Olefins Market. Growing automotive industry has also been proven supportive to the growth of the market, globally. ď ą Driven by the rapid economic growth of the nations in the region, the U.S. Market for Olefins is set to be further boosted by end-use industries such as packaging, building & construction, consumer goods, automotive, and textiles.
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Report Scope of U.S. Olefins Market: Pricing Analysis of Ethylene - Export vs. Import Price, Propylene - Export Vs. Import Price and Ethylene Vs. Propylene Pricing. Trade Analysis of Ethylene, Propylene discussed in-depth in this research report on global U.S. Olefins Industry. Brief on Vendors of U.S. Olefins Market: IndustryARC has studied more than 20 key players in this research report on U.S. Olefins Market. Few of them mentioned below as: • Exxonmobil Corporation • Basf Se • Royal Dutch Shell Plc. Contact; #: +1-614-588-8538 (Ext:101) Email: sales@industryarc.com
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