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Ethylene Market Rising Demand in North America, Europe, APAC & Middle East by 2027, Fortune Business Insights™

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akash bainr
Ethylene Market Rising Demand  in North America, Europe, APAC & Middle East by 2027, Fortune Business Insights™

The global ethylene market size is expected to reach USD 245,005million by 2027, exhibiting a CAGR of 5.6% during the forecast period. The growing utilization of plastics such as LDPE and HDPE coupled with technological advancement will bolster healthy growth of the market, states Fortune Business Insights, in a report, titled “Ethylene Market Size, Share & Industry Analysis, By Application (High Density Polyethylene, Low Density Polyethylene, Ethylene Oxide, Ethyl Benzene, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 166,520 million in 2019.

 

 

 

The report on the ethylene market comprises of:

 

  • All-encompassing scrutiny of the industry
  • Valuable data about key players
  • Emerging market trends
  • Important insights into the competitive landscape
  • Leading regions

Market Driver:

 

Inflated Demand for Packaging Solutions to Aid Market Growth

 

The growing consciousness for safe packaged productsamong consumers will have an excellent impact on the global market. The heavy demand for plastic packaging solutions for numerous applications such as e-commerce, healthcare products, convenience products, and transportation will further incite the development of the market. The growing demand for high-quality food with proper packaging solutions can promote the growth of the market. The surging application of plastic in the automotive and construction industries for the production of wiring, auto parts, pipes, and others will spur opportunities for the market. Similarly, the rising application in agriculture, medical, and other sectors will drive market growth.

 

 

Browse Summary of this Research

https://www.fortunebusinessinsights.com/ethylene-market-104532

 

 

 

 

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