The global olefins market size was USD 213 Billion in 2023 and is expected to register a revenue CAGR of 4.8 % during the forecast period. Increasing application of ethylene in plastics is a major factor driving market revenue growth. Ethylene is used in manufacturing polythene, plastic bottles, and others. High-density polyethylene is a plastic polymer with flexible properties that are resistant to impact and chemicals, making it suitable for healthcare and laboratory environments.
The report offers a panoramic view of the competitive landscape of the industry and a detailed analysis of the key players of the market based on their revenue, profit margins, financial standing, global market position, R&D activities, and product portfolio. It also covers their strategic endeavors such as mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and product launches and brand promotions, among others.
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