세계의 에틸렌 시장 : 산업규모, 점유율, 동향, 기회, 예측, 원료별, 용도별, 지역별, 경쟁별(2020-2030년)

Global Ethylene market was valued at USD 201.25 Billion in 2024 and is expected to reach USD 261.19 Billion by 2030 with a CAGR of 4.42%. The Global Ethylene Market is a strategically critical segment of the petrochemical value chain, acting as a foundational input for a wide spectrum of industrial and consumer applications. As the most extensively produced organic compound worldwide, ethylene is closely tied to the health of key downstream industries, including plastics manufacturing, packaging solutions, automotive components, construction materials, synthetic textiles, and specialty chemicals.

The market is positioned at a strategic inflection point, where robust demand growth particularly from emerging economies and high-consumption sectors is being counterbalanced by intensifying challenges. These include volatile feedstock economics, tightening environmental regulations, and increasing geopolitical instability across major production and trade corridors.

Key Market Drivers

Growing Demand of Ethylene in Construction Industry

Ethylene, a colorless flammable gas derived from natural gas and petroleum, plays a crucial role in the construction industry. It's primarily used in the production of polyvinyl chloride (PVC) and ethylene vinyl acetate (EVA), which are widely employed in various construction activities.

PVC, a versatile plastic, finds extensive applications in the construction industry. It is utilized in the manufacturing of pipes, window frames, roofing materials, flooring, and wall coverings. This popularity can be attributed to its exceptional durability, cost-effectiveness, and resistance to environmental factors. With its versatility and reliability, PVC has become a preferred choice for architects and builders alike.

EVA, known for its flexibility and excellent adhesive characteristics, is extensively used in the production of sealants, adhesives, and coatings. In the construction sector, EVA's properties make it an ideal material for various applications. Its use contributes to the growing demand for ethylene in the construction industry.

Several factors are driving the increasing demand for ethylene in construction. The global construction industry is experiencing significant growth, fueled by population expansion, urbanization, and infrastructure development projects worldwide. This surge in construction activities requires a reliable supply of ethylene-based materials. NEOM, a transformative urban development in northwestern Saudi Arabia, is positioned as a global benchmark for sustainable, smart city innovation. Launched in 2021, it is a centerpiece of Saudi Arabia's Vision 2030 strategy, aimed at driving economic diversification and reducing reliance on oil revenues. Covering approximately 10,000 square miles, NEOM comprises several ambitious projects, including The Line a revolutionary 2.4-kilometer linear urban model designed for zero-emission living and OXAGON, a next-generation industrial ecosystem uniquely structured in an octagonal layout to optimize logistics, manufacturing, and advanced technologies.

There is a growing need for sustainable and durable construction materials. PVC and EVA, derived from ethylene, are renowned for their longevity and resistance to environmental stress. These properties make them highly desirable choices for construction projects, aligning with the industry's focus on sustainability and longevity. Advancements in construction technology, such as 3D printing and modular construction, have opened up new opportunities for the utilization of ethylene-based products. These innovative construction techniques require materials that exhibit specific properties and compatibility, further driving the demand for ethylene-based products. The increasing demand for ethylene in the construction industry has a positive impact on the global ethylene market. It leads to an increase in production volumes and encourages innovation in ethylene-based products tailored to meet the specific needs of the construction sector.

This growing demand is influencing market trends. There is a rising focus on producing ethylene in a more sustainable manner, driven by increasing environmental concerns and stringent regulations. This has resulted in the development of bio-based ethylene, which offers a greener alternative to conventional ethylene production methods. By expanding its applications in construction and adapting to emerging market trends, ethylene continues to play a vital role in shaping the future of the construction industry. Its versatility, durability, and sustainability make ethylene-based materials an indispensable component in modern construction projects.

Key Market Challenges

Volatility in Feedstock Prices and Geopolitical Risk

One of the most pressing challenges for the global ethylene market is unpredictability in feedstock pricing, particularly for naphtha, ethane, and propane, which are the foundational inputs for ethylene production. The cost of these feedstocks is highly sensitive to global crude oil and natural gas prices, both of which are influenced by: Geopolitical instability (e.g., Middle East conflicts, Russia-Ukraine war), OPEC+ output decisions, Sanctions and trade restrictions.

For instance, naphtha-based producers in Asia and Europe are often at a cost disadvantage during periods of high oil prices compared to ethane-based producers in North America. This feedstock cost disparity leads to margin pressure for producers and hampers investment in new capacity, especially in regions that rely heavily on imports of feedstock or finished ethylene derivatives. Logistical disruptions such as port congestion, freight rate spikes, and supply chain imbalances further compound input volatility, making it difficult for producers to operate efficiently or plan long-term projects.

Key Market Trends

Regionalization of Production Capacity and Feedstock Diversification

A key trend redefining the ethylene market is the regionalization of production capacity, accompanied by feedstock diversification to mitigate supply chain risk and improve cost competitiveness. Ethylene producers are shifting from centralized, export-driven models to regionally integrated production hubs, particularly in Asia Pacific, North America, and the Middle East. Asia Pacific, led by China and India, is investing aggressively in domestic ethylene capacity using naphtha and coal-to-olefin (CTO) feedstocks to meet fast-growing internal demand and reduce reliance on imports.

North America is leveraging abundant shale gas reserves to expand ethane-based ethylene production, offering a cost advantage through lower feedstock prices. The Middle East is capitalizing on mixed-feed crackers and joint ventures with Asian and European players to ensure downstream market access. This decentralized production model allows ethylene suppliers to respond more effectively to regional demand patterns, optimize logistics, and insulate operations from geopolitical and energy market volatility.

Key Market Players

• BASF SE
• Chevron Phillips Chemical Company, LLC
• Exxon Mobil Corporation
• Ineos Group Ltd
• LyondellBasell Industries N.V.
• Royal Dutch Shell plc
• Saudi Basic Industries Corporation
• China Petroleum & Chemical Corporation (Sinopec)
• The Dow Chemical Company
• Lonza Group

Report Scope:

In this report, the Global Ethylene Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Ethylene Market, By Feedstock:

• Naphtha
• Ethane
• Propane
• Butane

Ethylene Market, By Application:

• Polyethylene
• Ethylene Oxide
• Ethyl Benzene
• Ethylene Dichloride

Ethylene Market, By Region:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Ethylene Market.

Available Customizations:

Global Ethylene Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Ethylene Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Feedstock (Naphtha, Ethane, Propane, Butane)
  • 5.2.2. By Application (Polyethylene, Ethylene Oxide, Ethyl Benzene, Ethylene Dichloride)
  • 5.2.3. By Region
  • 5.2.4. By Company (2024)
• 5.3. Market Map

6. North America Ethylene Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Feedstock
  • 6.2.2. By Application
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Ethylene Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Feedstock
      • 6.3.1.2.2. By Application
  • 6.3.2. Canada Ethylene Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Feedstock
      • 6.3.2.2.2. By Application
  • 6.3.3. Mexico Ethylene Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Feedstock
      • 6.3.3.2.2. By Application

7. Europe Ethylene Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Feedstock
  • 7.2.2. By Application
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Ethylene Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Feedstock
      • 7.3.1.2.2. By Application
  • 7.3.2. United Kingdom Ethylene Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Feedstock
      • 7.3.2.2.2. By Application
  • 7.3.3. Italy Ethylene Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Feedstock
      • 7.3.3.2.2. By Application
  • 7.3.4. France Ethylene Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Feedstock
      • 7.3.4.2.2. By Application
  • 7.3.5. Spain Ethylene Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Feedstock
      • 7.3.5.2.2. By Application

8. Asia-Pacific Ethylene Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Feedstock
  • 8.2.2. By Application
  • 8.2.3. By Country
• 8.3. Asia-Pacific: Country Analysis
  • 8.3.1. China Ethylene Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Feedstock
      • 8.3.1.2.2. By Application
  • 8.3.2. India Ethylene Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Feedstock
      • 8.3.2.2.2. By Application
  • 8.3.3. Japan Ethylene Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Feedstock
      • 8.3.3.2.2. By Application
  • 8.3.4. South Korea Ethylene Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Feedstock
      • 8.3.4.2.2. By Application
  • 8.3.5. Australia Ethylene Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Feedstock
      • 8.3.5.2.2. By Application

9. South America Ethylene Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Feedstock
  • 9.2.2. By Application
  • 9.2.3. By Country
• 9.3. South America: Country Analysis
  • 9.3.1. Brazil Ethylene Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Feedstock
      • 9.3.1.2.2. By Application
  • 9.3.2. Argentina Ethylene Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Feedstock
      • 9.3.2.2.2. By Application
  • 9.3.3. Colombia Ethylene Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Feedstock
      • 9.3.3.2.2. By Application

10. Middle East and Africa Ethylene Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Feedstock
  • 10.2.2. By Application
  • 10.2.3. By Country
• 10.3. MEA: Country Analysis
  • 10.3.1. South Africa Ethylene Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Feedstock
      • 10.3.1.2.2. By Application
  • 10.3.2. Saudi Arabia Ethylene Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Feedstock
      • 10.3.2.2.2. By Application
  • 10.3.3. UAE Ethylene Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Feedstock
      • 10.3.3.2.2. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Recent Developments
• 12.2. Product Launches
• 12.3. Mergers & Acquisitions

13. Global Ethylene Market: SWOT Analysis

14. Competitive Landscape

• 14.1. BASF SE
  • 14.1.1. Business Overview
  • 14.1.2. Product & Service Offerings
  • 14.1.3. Recent Developments
  • 14.1.4. Financials (If Listed)
  • 14.1.5. Key Personnel
  • 14.1.6. SWOT Analysis
• 14.2. Chevron Phillips Chemical Company, LLC
• 14.3. Exxon Mobil Corporation
• 14.4. Ineos Group Ltd
• 14.5. LyondellBasell Industries N.V.
• 14.6. Royal Dutch Shell plc
• 14.7. Saudi Basic Industries Corporation
• 14.8. China Petroleum & Chemical Corporation (Sinopec)
• 14.9. The Dow Chemical Company
• 14.10.Lonza Group

15. Strategic Recommendations

16. About Us & Disclaimer