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                                Olefins Market to Reach USD 316.33 Billion By 2027 Growing At a CAGR of 4.5%.
                                May 18, 2020 (MarketersMedia via COMTEX) --

                                The increasing utilization of the different type of olefins is driving the demand of the market.


                                The global Olefins market is forecast to reach USD 316.33 Billion by 2027, according to a new report by Reports and Data. Olefins are the most important raw materials for several chemical products and intermediates. It is mainly produced by cracking of oil, naphtha, crude or natural gas. It is used to manufacture several major polymers, plastics, and resins such as Polypropylene and Polyethylene. Some of the examples of olefins are ethylene, propylene, and butadiene. The market on the basis of application is segmented into Olefin Glycols, Olefin Oxides, Ethylbenzene, Polyolefins, and Cumene. A significant proportion of ethylbenzene produced worldwide is utilized in the production of styrene.

                                This is the latest report, covering the current COVID-19 scenario. The Coronavirus pandemic has greatly affected the global industry. It has brought along various changes in market conditions. The rapidly changing market scenario and the initial and future assessment of the impact are covered in the research report. The report discusses all major aspects of the market with expert opinions on the current status along with a historical analysis.

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                                Companies considered and profiled in this market study

                                For the purpose of this report, Reports and Data have segmented into the global Olefins market on the basis of type, applications, distribution channel, and region:

                                Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)

                                Applications Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)

                                Distribution Channel Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)

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                                Further key findings from the report suggest,

                                Regional Outlook (Revenue, USD Billion; 2017-2027)

                                Read the full Research Report along with a table of contents, facts and figures, charts, graphs, etc. @

                                Thank you for reading this article; you can also get individual chapter-wise sections or region-wise reports specifically for the regions of North America, Europe, Asia Pacific, Latin America, or Middle East & Africa.

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                                Source: MarketersMedia

                                Release ID: 88957939

                                This press release is syndicated from MarketersMEDIA, your global press release service which provides business announcements, market trends, financial analysis, expected growth forecast, predictions, and more since 2012.

                                MarketersMEDIA press releases syndicated on this website are accurate at the time of release. Information provided in the release such as global trends, analysis, growth forecast, and expected market share in dollars may change over time, and may or may not be accurate after the date of release.


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