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    Light olefin market

    ID: MRFR/CnM/0531-CR
    115 Pages
    Anshula Mandaokar
    February 2021

    Light Olefins Market Research Report Information: By Type (Ethylene, Propylene), Derivatives (Polypropylene, Propylene Oxide, Acrylonitrile, Cumene, Acrylic Acid, Oxo Alcohols, Polyethylene), Application (Chemical Commodities, Refinery), And By Region – Forecast Till 2032

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    Light Olefins Market Research Report – Forecast to 2032 Infographic
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    Table of Contents

    Light olefin market Summary

    As per Market Research Future Analysis, the global light olefins market is projected to generate revenue exceeding USD 475.8 million by 2030, with a CAGR of 5.58%. Light olefins are produced through hydrocracking of hydrocarbons, utilizing raw materials such as ethane, naphtha, propane, biomass, and butane. The market is driven by the rising demand for green tires and synthetic rubber, alongside a shift from traditional materials to light olefins due to cost-effectiveness. The COVID-19 pandemic initially hindered growth, but recovery is anticipated as demand for eco-friendly products increases. Key players include Royal Dutch Shell, Reliance Industries, and DowDuPont, among others.

    Key Market Trends & Highlights

    The light olefins market is witnessing significant growth driven by environmental concerns and technological advancements.

    • Market revenue expected to exceed USD 475.8 million by 2030.
    • CAGR of 5.58% projected until 2030.
    • Increased demand for green tires and synthetic rubber due to environmental regulations.
    • Asia-Pacific dominates the market, driven by e-commerce growth in China, Japan, and India.

    Market Size & Forecast

    Market Size USD 475.8 million by 2030
    CAGR 5.58%
    Dominant Region Asia-Pacific

    Major Players

    Royal Dutch Shell (Netherlands), Reliance Industries Limited (India), Honeywell International Inc. (U.S.), DowDuPont (U.S.), Gazprom (Russian Federation), BASF SE (Germany), PetroChina (China), China Petro & Chemical Corp (China), Exxon Mobil Corporation (U.S.), Saudi Arabian Oil Co. (Saudi Arabia)

    Light olefin market Trends

    The Global Light Olefins Market is poised for expansion, driven by increasing demand in the petrochemical sector and advancements in production technologies.

    U.S. Energy Information Administration

    Light olefin market Drivers

    Market Growth Projections

    The Global Light Olefins Market Industry is projected to experience substantial growth over the coming years. With a market value expected to reach 321.2 USD Million in 2024 and further expand to 624.2 USD Million by 2035, the industry is poised for a robust trajectory. The anticipated compound annual growth rate of 6.23% from 2025 to 2035 reflects the increasing demand for light olefins across various sectors. This growth is underpinned by technological advancements, expanding applications, and supportive regulatory frameworks that collectively enhance the market's potential.

    Expansion of End-Use Industries

    The expansion of end-use industries such as packaging, textiles, and consumer goods is a key driver for the Global Light Olefins Market Industry. As these sectors grow, the demand for light olefins, particularly ethylene and propylene, is expected to rise correspondingly. The versatility of light olefins in producing various materials, including films, fibers, and containers, positions them as essential raw materials in these industries. This growth trajectory is likely to be supported by increasing consumer preferences for sustainable and recyclable products, further enhancing the market's potential. The ongoing expansion of these industries is anticipated to significantly contribute to the overall market dynamics.

    Rising Demand for Petrochemicals

    The Global Light Olefins Market Industry is experiencing a surge in demand for petrochemicals, driven by their extensive applications in various sectors such as automotive, construction, and consumer goods. As industries increasingly rely on light olefins for the production of plastics and synthetic fibers, the market is projected to reach 321.2 USD Million in 2024. This growth is indicative of the broader trend towards lightweight materials that enhance fuel efficiency and reduce emissions, aligning with global sustainability goals. The increasing adoption of light olefins in manufacturing processes is likely to further bolster market expansion.

    Technological Advancements in Production

    Technological innovations in the production of light olefins are significantly influencing the Global Light Olefins Market Industry. Advanced catalytic processes and improved cracking technologies enhance yield and reduce production costs. For instance, the development of more efficient steam cracking methods allows for higher output of ethylene and propylene, which are key components in various chemical products. These advancements not only improve profitability for manufacturers but also contribute to meeting the growing global demand. As a result, the market is expected to witness a compound annual growth rate of 6.23% from 2025 to 2035, reflecting the positive impact of these technological improvements.

    Growing Applications in Automotive Sector

    The automotive sector is increasingly adopting light olefins for the production of lightweight materials, which are essential for enhancing fuel efficiency and reducing carbon emissions. The Global Light Olefins Market Industry benefits from this trend, as manufacturers seek to incorporate materials derived from light olefins into vehicle components. This shift is driven by stringent regulations aimed at reducing environmental impact, prompting automakers to innovate. As the automotive industry evolves, the demand for light olefins is likely to escalate, contributing to the projected market growth to 624.2 USD Million by 2035. This trend underscores the pivotal role of light olefins in sustainable automotive manufacturing.

    Regulatory Support for Sustainable Practices

    Regulatory frameworks promoting sustainable practices are increasingly shaping the Global Light Olefins Market Industry. Governments worldwide are implementing policies that encourage the use of environmentally friendly materials and processes, which often include light olefins. These regulations aim to reduce carbon footprints and promote recycling, thereby enhancing the appeal of light olefins in various applications. As industries adapt to these regulations, the demand for light olefins is expected to rise, aligning with global sustainability initiatives. This supportive regulatory environment is likely to drive market growth, as companies seek to comply with evolving standards and consumer expectations.

    Market Segment Insights

    Regional Insights

    Key Companies in the Light olefin market market include

    Industry Developments

    August 2021- Lummus Technology has disclosed that the start-up of company’s CDAlky alkylation unit located at Zhejiang Petroleum & Chemical Co. Ltd's refinery in Zhejiang Province, China. The latest facility will have a capacity of over 45 000 bpsd of alkylate product, resulting it to be the largest alkylation unit across the globe certified by Lummus.The latest alkylation unit deals with C4s from upstream refining and petrochemical units, causing an extremely high isobutylene concentration in the net olefins mixture while manufacturing a greater alkylate quality.

    October 2021- Siemens Energy and Technip Energies have announced the signing of an exclusive contract to collaboratively build, commercialize, and license the Rotating Olefins Cracker (ROC) technology to make the olefin production process carbon-free. The ROC technology uses a dynamic reactor system, which replaces traditional furnaces used for pyrolysis while producing light olefins- the raw material for chemical products used in everyday materials.

    November 2021- The Board of Reliance Industries Ltd (RIL) has planned to deploy a Scheme of Arrangement to turn over Gasification Enterprise into a Wholly Owned Subsidiary (WOS). The Jamnagar Gasification project was established to manufacture syngas to fulfill the needs as refinery off-gases that catered as fuel in the past were redesigned into feedstock for the Refinery Off Gas Cracker (ROGC). The company stated that this deployment allows olefins manufacturing at competitive capital and operating costs. The statement further revealed that Syngas as a fuel guarantees supply reliability and aid lower volatility in the energy costs.

    In 2018, Exxon Mobil collaborated with Saudi Basic Industries Corporation (SABIC) to build the world’s largest plant for ethylene production. This collaboration was more than 1.4 billion US dollars of worth. 

    In June 2018, a Cumene unit was built in Germany by a leading light olefin market player i.e. INEOS Phenol (UK) to maintain continuity between customer's demand and supply. This construction helped the company's plants in Gladbeck and Antwerp to improve the security of this supply and demand by the year 2020. 

    Future Outlook

    Light olefin market Future Outlook

    The Global Light Olefins Market is projected to grow at a 6.23% CAGR from 2024 to 2035, driven by rising demand in petrochemicals, automotive, and packaging industries.

    New opportunities lie in:

    • Invest in advanced catalytic technologies to enhance production efficiency.
    • Develop bio-based light olefins to meet sustainability targets.
    • Expand into emerging markets with tailored product offerings.

    By 2035, the market is expected to achieve substantial growth, solidifying its position as a key player in the chemical industry.

    Market Segmentation

    Report Overview:

    Report Scope

    Attribute/Metric Details
      Market Size   2030 : 475.8 million
      CAGR   2030 : 5.58%
      Base Year   2021
      Forecast Period   2022 to 2030
      Historical Data   2019 & 2020
      Forecast Units    Value (USD Million)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   By Type, Derivatives, Application and Region
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Royal Dutch Shell (Netherlands), Reliance Industries Limited (India), Honeywell International Inc. (U.S.), DowDuPont (U.S.), Gazprom (Russian Federation), BASF SE (Germany), PetroChina (China), China Petro & Chemical Corp (China), Exxon Mobil Corporation (U.S.), and Saudi Arabian Oil Co. (Saudi Arabia).
      Key Market Opportunities   Increase in demand for products that help in the reduction of gases like nitrogen dioxide, coke, and carbon dioxide.
      Key Market Drivers   Rise in demand for synthetic rubber to produce green tires and their coating.

    Market Highlights

    Author
    Anshula Mandaokar
    Team Lead - Research

    Anshula Mandaokar holds an academic degree in Chemical Engineering and has been contributing to the field for more than 5 years. She has expertise in Market Research and Business Consulting and serves as a Team Lead for a reputed Market Research firm under the Chemicals and Materials domain spectrum. She has worked on multiple projects, generating explicit results in a quick turnaround time. Her understanding of data interpretation justifies her role as a leader.

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    FAQs

    What is the expected CAGR of the light olefins market?

    The global light olefins market is expected to register a CAGR of 5.58% by the forecast year 2030

    How is the light olefins market segmented by derivatives?

    The light olefins market is segmented by derivatives as propylene oxide, cumene, acetate monomer, oxo alcohols, ethylene oxide, EDC/ VCM/ PVC, alpha-olefins, polypropylene, acrylonitrile, acrylic acid, polyethylene, glycol, and styrene.

    Who is the market-dominant of the global light olefins market?

    Asia-Pacific is the market-dominant of the global light olefins market.

    1. Report Prologue
    2. Scope Of The Report
      1. Market Definition
      2. The Scope Of The Study 17
        1. Research Objectives 17
    3. Assumptions 17
      1. Limitations 17
      2. Market Structure 18
    4. Research
    5. Methodology
      1. Research Process 21
      2. Primary Research 21
      3. Secondary
    6. Research 21
      1. Market Size Estimation 22
      2. Forecast Model 23
    7. Market Dynamics
      1. Introduction 25
      2. Drivers 26
        1. Increasing
    8. Demand For Polymer 26
      1. Excellent Conversion Of Light Olefins From Methanol
      2. Restraint 28
        1. Ethylene Exposure To Air Affects The Environment
      3. Opportunity 29
        1. Shale Gas Development 29
      4. Trends 29
        1. Biomass Feedstock To Bio-Ethylene 29
    9. Market Impact Analysis
    10. Supply Chain Analysis 31
      1. Raw Material Suppliers 31
        1. Light Olefins
    11. Producers 31
      1. Distributors 32
        1. End User 32
    12. Porter’s Five Forces 32
      1. Threat Of New Entrants 32
        1. The
    13. Intensity Of Competitive Rivalry 32
      1. Bargaining Power Of Supplier 32
        1. Bargaining Power Of Buyer 32
        2. Threat Of Substitute 32
    14. Global
    15. Light Olefins Market, By Type
      1. Ethylene 35
      2. Propylene 36
    16. Global Light Olefins Market, By Derivatives
      1. Polypropylene 40
      2. Propylene
    17. Oxide 41
      1. Acrylonitrile 42
      2. Cumene 43
      3. Acrylic Acid 44
      4. Oxo Alcohols 45
      5. Polyethylene 46
      6. Ethylene Oxide/Glycol 47
      7. EDC/VCM/PVC 48
      8. Styrene 49
      9. Alpha Olefins 50
      10. Vinyl
    18. Acetate Monomer 51
    19. Global Light Olefins Market, By Application
      1. Chemical
    20. Commodities 54
      1. Refinery 55
    21. Global Light Olefins Market, By Region
      1. Introduction 57
      2. North America 62
        1. US 66
        2. Canada
      3. Europe 73
        1. Germany 78
        2. France 81
        3. UK 84
        4. Spain 87
        5. Italy 90
        6. Rest Of Europe 93
      4. Asia
    22. Pacific 97
      1. China 101
        1. Japan 104
        2. India 107
    23. Rest Of Asia Pacific 110
      1. Latin America 114
      2. Middle East & Africa
    24. Competitive Landscape
      1. Introduction 125
        1. Market
    25. Strategy Overview 125
      1. Key Development Analysis 126
        1. Expansion
        2. Acquisition 126
        3. Joint Venture 127
        4. Agreement
    26. Company Profile
      1. Royal Dutch Shell 129
        1. Company
    27. Overview 129
      1. Financials 129
        1. Products 129
        2. Strategy
        3. Key Developments 129
      2. PetroChina 130
        1. Company
    28. Overview 130
      1. Financials 130
        1. Products 130
        2. Strategy
        3. Key Developments 130
      2. Relience Industries Limited 131
        1. Company Overview 131
        2. Financials 131
        3. Products 131
        4. Strategy 131
        5. Key Developments 131
      3. China Petro&
    29. Chemical Corp 132
      1. Company Overview 132
        1. Financials 132
        2. Products 132
        3. Strategy 132
        4. Key Developments 132
      2. DowDuPont, Inc 133
        1. Company Overview 133
        2. Financials
        3. Products 133
        4. Strategy 133
        5. Key Developments
      3. Exxon Mobil Corporation 134
        1. Company Overview 134
    30. Financials 134
      1. Products 134
        1. Strategy 134
        2. Key
    31. Developments 134
      1. Gazprom 135
        1. Company Overview 135
    32. Financials 135
      1. Products 135
        1. Strategy 135
        2. Key
    33. Developments 135
      1. Saudi Arabian Oil Co. 136
        1. Company Overview
        2. Financials 136
        3. Products 136
        4. Strategy 136
        5. Key Developments 136
      2. BASF SE 137
        1. Company Overview
        2. Financials 137
        3. Products 137
        4. Strategy 137
        5. Key Developments 137
      3. Honeywell International Inc 138
    34. Company Overview 138
      1. Financials 138
        1. Products 138
    35. Strategy 138
      1. Key Developments 138
    36. Conclusion
    37. BILLION) 34
    38. TONS) 35
    39. TONS) 39
    40. BILLION) 40
    41. (MILLION TONS) 40
    42. 2027 (USD BILLION) 41
    43. OXIDE, 2020-2027 (MILLION TONS) 41
    44. ACRYLONITRILE, 2020-2027 (USD BILLION) 42
    45. FOR ACRYLONITRILE, 2020-2027 (MILLION TONS) 42
    46. MARKET FOR CUMENE, 2020-2027 (USD BILLION) 43
    47. MARKET FOR CUMENE, 2020-2027 (MILLION TONS) 43
    48. MARKET FOR ACRYLIC ACID, 2020-2027 (USD BILLION) 44
    49. MARKET FOR ACRYLIC ACID, 2020-2027 (MILLION TONS) 44
    50. OLEFINS MARKET FOR OXO ALCOHOLS, 2020-2027 (USD BILLION) 45
    51. LIGHT OLEFINS MARKET FOR OXO ALCOHOLS, 2020-2027 (MILLION TONS) 45
    52. GLOBAL LIGHT OLEFINS MARKET FOR POLYETHYLENE, 2020-2027 (USD BILLION) 46
    53. GLOBAL LIGHT OLEFINS MARKET FOR POLYETHYLENE, 2020-2027 (MILLION TONS) 46
    54. BILLION) 47
    55. 2027 (MILLION TONS) 47
    56. 2027 (USD BILLION) 48
    57. 2027 (MILLION TONS) 48
    58. 2027 (USD BILLION) 49
    59. 2027 (MILLION TONS) 49
    60. OLEFINS, 2020-2027 (USD BILLION) 50
    61. ALPHA OLEFINS, 2020-2027 (MILLION TONS) 50
    62. FOR VINYL ACETATE MONOMER, 2020-2027 (USD BILLION) 51
    63. OLEFINS MARKET FOR VINYL ACETATE MONOMER, 2020-2027 (MILLION TONS) 51
    64. GLOBAL LIGHT OLEFINS MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 53
    65. GLOBAL LIGHT OLEFINS MARKET, BY APPLICATION, 2020-2027 (MILLION TONS) 54
    66. GLOBAL LIGHT OLEFINS MARKET FOR CHEMICAL COMMODITIES, 2020-2027 (USD BILLION)
    67. (USD BILLION) 54
    68. (USD BILLION) 55
    69. (USD BILLION) 55
    70. (USD BILLION) 57
    71. (MILLION TONS) 58
    72. (USD BILLION) 58
    73. TONS) 59
    74. BILLION) 59
    75. (MILLION TONS) 60
    76. (USD BILLION) 60
    77. (MILLION TONS) 61
    78. 2027 (USD BILLION) 63
    79. COUNTRY, 2020-2027 (MILLION TONS) 63
    80. BY TYPE, 2020-2027 (USD BILLION) 63
    81. BY TYPE, 2020-2027 (MILLION TONS) 64
    82. BY DERIVATIVES, 2020-2027 (USD BILLION) 64
    83. MARKET, BY DERIVATIVES, 2020-2027 (MILLION TONS) 65
    84. LIGHT OLEFINS MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 65
    85. AMERICA LIGHT OLEFINS MARKET, BY APPLICATION, 2020-2027 (MILLION TONS) 66
    86. US LIGHT OLEFINS MARKET, BY TYPE, 2020-2027 (USD BILLION) 66
    87. LIGHT OLEFINS MARKET, BY TYPE, 2020-2027 (MILLION TONS) 66
    88. OLEFINS MARKET, BY DERIVATIVES, 2020-2027 (USD BILLION) 67
    89. OLEFINS MARKET, BY DERIVATIVES, 2020-2027 (MILLION TONS) 68
    90. OLEFINS MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 68
    91. OLEFINS MARKET, BY APPLICATION, 2020-2027 (MILLION TONS) 69
    92. LIGHT OLEFINS MARKET, BY TYPE, 2020-2027 (USD BILLION) 69
    93. OLEFINS MARKET, BY TYPE, 2020-2027 (MILLION TONS) 69
    94. OLEFINS MARKET, BY DERIVATIVES, 2020-2027 (USD BILLION) 70
    95. LIGHT OLEFINS MARKET, BY DERIVATIVES, 2020-2027 (MILLION TONS) 71
    96. CANADA LIGHT OLEFINS MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 71
    97. CANADA LIGHT OLEFINS MARKET, BY APPLICATION, 2020-2027 (MILLION TONS) 72
    98. EUROPE LIGHT OLEFINS MARKET, BY COUNTRY, 2020-2027 (USD BILLION) 74
    99. EUROPE LIGHT OLEFINS MARKET, BY COUNTRY, 2020-2027 (MILLION TONS) 74
    100. EUROPE LIGHT OLEFINS MARKET, BY TYPE, 2020-2027 (USD BILLION) 75
    101. EUROPE LIGHT OLEFINS MARKET, BY TYPE, 2020-2027 (MILLION TONS) 75
    102. EUROPE LIGHT OLEFINS MARKET, BY DERIVATIVES, 2020-2027 (USD BILLION) 76
    103. EUROPE LIGHT OLEFINS MARKET, BY DERIVATIVES, 2020-2027 (MILLION TONS) 77
    104. EUROPE LIGHT OLEFINS MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 77
    105. EUROPE LIGHT OLEFINS MARKET, BY APPLICATION, 2020-2027 (MILLION TONS) 78
    106. GERMANY LIGHT OLEFINS MARKET, BY TYPE, 2020-2027 (USD BILLION) 78
    107. GERMANY LIGHT OLEFINS MARKET, BY TYPE, 2020-2027 (MILLION TONS) 78
    108. GERMANY LIGHT OLEFINS MARKET, BY DERIVATIVES, 2020-2027 (USD BILLION) 79
    109. GERMANY LIGHT OLEFINS MARKET, BY DERIVATIVES, 2020-2027 (MILLION TONS) 80
    110. TONS) 81
    111. TONS) 83
    112. BILLION) 83
    113. (MILLION TONS) 84
    114. BILLION) 84
    115. SPAIN LIGHT OLEFINS MARKET, BY DERIVATIVES, 2020-2027 (USD BILLION) 88
    116. SPAIN LIGHT OLEFINS MARKET, BY DERIVATIVES, 2020-2027 (MILLION TONS) 89
    117. SPAIN LIGHT OLEFINS MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 89
    118. SPAIN LIGHT OLEFINS MARKET, BY APPLICATION, 2020-2027 (MILLION TONS) 90
    119. ITALY LIGHT OLEFINS MARKET, BY TYPE, 2020-2027 (USD BILLION) 90
    120. ITALY LIGHT OLEFINS MARKET, BY TYPE, 2020-2027 (MILLION TONS) 90
    121. ITALY LIGHT OLEFINS MARKET, BY DERIVATIVES, 2020-2027 (USD BILLION) 91
    122. ITALY LIGHT OLEFINS MARKET, BY DERIVATIVES, 2020-2027 (MILLION TONS) 92
    123. ITALY LIGHT OLEFINS MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 92
    124. ITALY LIGHT OLEFINS MARKET, BY APPLICATION, 2020-2027 (MILLION TONS) 93
    125. REST OF EUROPE LIGHT OLEFINS MARKET, BY TYPE, 2020-2027 (USD BILLION) 93
    126. (USD BILLION) 94
    127. 2027 (MILLION TONS) 95
    128. BY APPLICATION, 2020-2027 (USD BILLION) 95
    129. MARKET, BY APPLICATION, 2020-2027 (MILLION TONS) 96
    130. LIGHT OLEFINS MARKET, BY COUNTRY, 2020-2027 (USD BILLION) 98
    131. PACIFIC LIGHT OLEFINS MARKET, BY COUNTRY, 2020-2027 (MILLION TONS) 98
    132. ASIA PACIFIC LIGHT OLEFINS MARKET, BY TYPE, 2020-2027 (USD BILLION) 98
    133. ASIA PACIFIC LIGHT OLEFINS MARKET, BY TYPE, 2020-2027 (MILLION TONS) 99
    134. ASIA PACIFIC LIGHT OLEFINS MARKET, BY DERIVATIVES, 2020-2027 (USD BILLION) 99
    135. TONS) 100
    136. (USD BILLION) 100
    137. 2027 (MILLION TONS) 101
    138. 2027 (USD BILLION) 101
    139. 2027 (MILLION TONS) 101
    140. 2027 (USD BILLION) 102
    141. 2027 (MILLION TONS) 103
    142. 2027 (USD BILLION) 103
    143. 2027 (MILLION TONS) 104
    144. 2027 (USD BILLION) 104
    145. 2027 (MILLION TONS) 105
    146. 2027 (USD BILLION) 106
    147. 2027 (MILLION TONS) 106
    148. 2027 (USD BILLION) 107
    149. 2027 (MILLION TONS) 107
    150. 2027 (USD BILLION) 107
    151. 2027 (MILLION TONS) 108
    152. 2027 (USD BILLION) 108
    153. 2027 (MILLION TONS) 109
    154. 2027 (USD BILLION) 109
    155. 2027 (MILLION TONS) 110
    156. BY TYPE, 2020-2027 (USD BILLION) 110
    157. MARKET, BY TYPE, 2020-2027 (MILLION TONS) 110
    158. LIGHT OLEFINS MARKET, BY DERIVATIVES, 2020-2027 (USD BILLION) 111
    159. REST OF ASIA PACIFIC LIGHT OLEFINS MARKET, BY DERIVATIVES, 2020-2027 (MILLION TONS)
    160. (USD BILLION) 112
    161. 2027 (MILLION TONS) 113
    162. BY TYPE, 2020-2027 (USD BILLION) 115
    163. MARKET, BY TYPE, 2020-2027 (MILLION TONS) 115
    164. OLEFINS MARKET, BY DERIVATIVES, 2020-2027 (USD BILLION) 116
    165. AMERICA LIGHT OLEFINS MARKET, BY DERIVATIVES, 2020-2027 (MILLION TONS) 117
    166. LATIN AMERICA LIGHT OLEFINS MARKET, BY APPLICATION, 2020-2027 (USD BILLION)
    167. (MILLION TONS) 118
    168. BY TYPE, 2020-2027 (USD BILLION) 120
    169. OLEFINS MARKET, BY TYPE, 2020-2027 (MILLION TONS) 120
    170. & AFRICA LIGHT OLEFINS MARKET, BY DERIVATIVES, 2020-2027 (USD BILLION) 121
    171. (MILLION TONS) 122
    172. BY APPLICATION, 2020-2027 (USD BILLION) 122
    173. LIGHT OLEFINS MARKET, BY APPLICATION, 2020-2027 (MILLION TONS) 123
    174. List
    175. Of Figures
    176. MODEL 23
    177. OLEFINSMARKET 25
    178. OLEFINS MARKET, BY TYPE, 2020-2027 (USD BILLION) 34
    179. MARKET, BY TYPE, 2020-2027 (MILLION TONS) 34
    180. MARKET, BY DERIVATIVES, 2020-2027 (USD BILLION) 38
    181. MARKET, BY DERIVATIVES, 2020-2027 (MILLION TONS) 39
    182. MARKET, BY APPLICATION, 2020-2027 (USD BILLION) 53
    183. MARKET, BY APPLICATION, 2020-2027 (MILLION TONS) 53
    184. MARKET, BY REGION, 2020-2027 (USD BILLION) 57
    185. MARKET, BY REGION, 2020-2027 (MILLION TONS) 58

    Light Olefins Market Segmentation

    Market Segmentation Overview

    • Detailed segmentation data will be available in the full report
    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
    Report Infographic
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