The global demand for ethylene amounted to some 152 million metric tons in 2017. Five years later, by 2022, it is expected that the total global demand for this petrochemical will increase to approximately 185 million metric tons.

Ethylene demand in China is expected to increase to ** million metric tons by 2050, up from roughly **** million metric tons in 2020. Ethylene is one of the basic building blocks in the petrochemical industry. It is mainly used for the production of polyethylene, one of the most commonly produced plastic materials.

Ethylene, also known as ethene, is a hydrocarbon and a petrochemical. The global production of ethylene is greater than any other organic compound, as it is widely used by the chemical industry. Petrochemicals, also known as petroleum distillates, are chemicals obtained from petroleum by refining. The market demand for ethylene in the United States is forecast to grow to over ** million metric tons by 2027.

India Ethylene Market achieved a total market volume of 6127.51 Thousand Metric Tonnes in 2024 and is poised for steady growth to reach 7,206.77 Thousand Metric Tonnes, with a projected Compound Annual Growth Rate (CAGR) of 2.81% through 2030.

Korea DQ: Basic Chemicals: Ethylene data was reported at 271,189.000 Metric Ton in Aug 2018. This records an increase from the previous number of 256,800.000 Metric Ton for Jul 2018. Korea DQ: Basic Chemicals: Ethylene data is updated monthly, averaging 198,012.000 Metric Ton from Jan 1995 (Median) to Aug 2018, with 284 observations. The data reached an all-time high of 271,189.000 Metric Ton in Aug 2018 and a record low of 46,544.000 Metric Ton in Oct 1996. Korea DQ: Basic Chemicals: Ethylene data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s Korea – Table KR.C031: Domestic Demand Quantity by Major Products.

In 2023, domestic demand in South Korea for ethylene amounted to around 3.25 million metric tons. This represents a slight decrease from about 3.39 million metric tons in the previous year, when it was the highest figure recorded so far. Domestic demand first exceeded three million metric tons in 2018.

India Ethylene Oxide Market achieved a total market volume of 311.82 thousand Metric Tonnes in 2024 and is poised for strong growth in the forecast period to reach 382.97 thousand Metric Tonnes in 2030, with a projected Compound Annual Growth Rate (CAGR) of 3.52% through 2030.

During the second quarter of 2024, the ethylene carbonate (EC) prices in China reached 878 USD/MT in June, due to the increasing product utilization by manufacturers of lithium-ion battery and disruptions in supply. Prices rose 13% from the previous year and 2% from the last quarter, reflecting steady consumption and ongoing supply constraints.

India Ethylene Dichloride Market achieved a total market volume of 364.75 thousand Metric Tonnes in 2024 and is poised for strong growth in the forecast period to reach 451.10 thousand Metric Tonnes, with a projected Compound Annual Growth Rate (CAGR) of 3.64% through 2030.

Between 1999 and 2019, the demand for LLDPE (Linear low-density polyethylene) in the developed world was *** million metric tons. In the developing world the demand was *** million metric tons. It is forecast that between 2020 and 2040 the demand for LLDPE in the developed world will be *** million metric tons and for the developing world it will be over *********** metric tons.

Korea DQ: SR: Polyethylene data was reported at 193,618.000 Metric Ton in May 2018. This records an increase from the previous number of 185,478.000 Metric Ton for Apr 2018. Korea DQ: SR: Polyethylene data is updated monthly, averaging 193,138.000 Metric Ton from Jan 2015 (Median) to May 2018, with 41 observations. The data reached an all-time high of 217,699.000 Metric Ton in Sep 2017 and a record low of 166,821.000 Metric Ton in Feb 2016. Korea DQ: SR: Polyethylene data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s Korea – Table KR.C027: Domestic Demand Quantity by Major Products.

The ethylene dichloride prices in the United States for Q4 2023 reached 250 USD/MT in December. The market was under pressure due to high stockpiles and weak demand, particularly from the PVC sector. Destocking activities and an unpredictable export prospects further strained market conditions, leading to decreased purchasing sentiments and a challenging pricing environment.

Ethylene Dichloride Prices December 2023

Explore IMARC’s newly published report, titled “Ethylene Dichloride Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of ethylene dichloride pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

The price of ethyleneamines in the India for Q4 2023 reached 1810 USD/MT in December. It encompasses an in-depth review of spot price of ethyleneamines at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of ethyleneamines price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

Learn about the factors that affect the price per ton of polyethylene, including global oil prices, supply and demand, and market conditions. Find out how natural disasters, political unrest, and economic conditions can impact the price of this widely-used plastic material.

The price of high-density polyethylene (HDPE) has fluctuated significantly from 2017 to 2023, reaching a low of *** U.S. dollars per metric ton in 2020 and a high of ***** U.S. dollars per metric ton in 2018. The price was shown to have increased slightly from this 2020 minimum to a value of *** U.S. dollars per metric ton in 2023. HDPE as a petrochemical derivative One of the main factors that influences the HDPE market is the price of the raw material ethylene. Ethylene is a petrochemical product that is significantly affected by global oil prices and supply and demand dynamics. In 2021 the global ethylene market size was valued at *** billion U.S. dollars and was forecast to increase to a value of *** billion U.S. dollars by 2030. The ethylene market is predominantly dominated by the Asia Pacific region, contributing **** percent of total revenue. China holds the position of the world's largest consumer of ethylene, accounting for ** percent of global demand, while the remaining Asian countries consumed ** percent. Environmental concerns and HDPE alternatives HDPE poses significant environmental concerns due to its non-biodegradability and challenges in recycling. Since 1950, the global production of plastic materials has exceeded **** billion metric tons, but only **** percent of them have been recycled. The remaining plastic waste has been either discarded in landfills or released into the environment. As one of the most widely manufactured plastics worldwide, HDPE waste can accumulate over time, leading to pollution and adverse health effects for both humans and animals. To address these issues, various alternatives to HDPE are being developed or utilized, such as bioplastics, synthetic paper, and bio-based HDPE. These alternatives aim to mitigate the environmental impacts of HDPE by utilizing renewable resources, biodegradable materials, or minimizing carbon emissions. However, these alternatives also have notable drawbacks, including higher costs, reduced performance, and the potential for competition with food crops.

Why did the Mono Ethylene Glycol Price Change in July 2025? North America Mono Ethylene Glycol (MEG) Spot Price declined during the Q2 2025, especially in the US market where it declined by 4.8%, settling at USD 460/MT FOB US Gulf in June.

The ethylene vinyl acetate prices in the United States for Q2 2024 reached 1635 USD/MT in June. The region experienced notable price fluctuations, primarily driven by weak consumption in the solar and packaging sectors. Moreover, the dependence on imports intensified as domestic production of solar struggled to meet local demands. The quarter concluded with a slight overall decline in rates, reflecting ongoing market pressures.

The Mono Ethylene Glycol (MEG) industry is experiencing robust growth, driven primarily by its extensive application in the antifreeze, polyester fibers, and polyethylene terephthalate (PET) bottle manufacturing sectors. The period from 2019 to 2024 witnessed a significant expansion, laying the groundwork for continued positive momentum through 2033. While precise market size figures for past years are unavailable, analysis of industry reports and trends suggests a substantial market, likely exceeding several billion dollars in 2025. The forecasted Compound Annual Growth Rate (CAGR) from 2025 to 2033, combined with the strong base year of 2025, projects considerable expansion across the forecast period. Growth will be fueled by increasing demand from the construction and automotive industries, particularly in developing economies with expanding infrastructure projects and rising vehicle ownership. Furthermore, ongoing innovation in PET packaging technologies and the increasing adoption of eco-friendly antifreeze solutions are expected to further bolster market demand. Challenges include fluctuations in crude oil prices (a key raw material input) and stringent environmental regulations, which may influence production costs and market dynamics. However, the industry's resilience and adaptability to changing market conditions suggest continued growth. The diversification of applications beyond traditional uses, like in the pharmaceutical and cosmetics industries, presents further opportunities for expansion. Strategic collaborations between MEG producers and downstream industries are likely to enhance supply chain efficiency and drive innovation. This interplay of factors creates a promising outlook for the MEG market, promising a substantial increase in market value by 2033. Long-term projections indicate continued market growth, albeit potentially at a moderating rate towards the end of the forecast period as market saturation in certain segments might become a factor. Recent developments include: January 2022: ExxonMobil and SABIC announced the successful startup of Gulf Coast Growth Ventures' world-class manufacturing facility in San Patricio County, Texas. The new facility operations include a mono-ethylene glycol unit with an annual capacity of 1.1 million metric tons., November 2021: SABIC announced the initial startup activities of the Ethylene Glycol Plant - 3 at its manufacturing affiliate, Jubail United Petrochemical Company (United), with an estimated annual production capacity of 700,000 metric tons of mono-ethylene glycol.. Key drivers for this market are: Growing Demand for PET in the Packaging Sector, Other Drivers. Potential restraints include: Growing Demand for PET in the Packaging Sector, Other Drivers. Notable trends are: Textile Sector to Dominate the Market.

This statistic shows the forecasted polyethylene demand worldwide in 2022, by region. It is forecasted that in 2022, the demand for polyethylene in North America will be some ** million metric tons.

The ethylene acrylic elastomer (AEM) prices in the United States for Q2 2024 reached 13,500 USD/MT in June. The market observed a positive price trajectory throughout the quarter, driven by numerous key factors. The market witnessed a consistent increase because of feedstock costs, robust downstream requirements, and supply chain dynamics, especially from the automotive industry.