Global Ethylene Outlook - Continuing Global Expansion of Ethylene Capacity through 2020 Led by the US and China
|出版日期||內容資訊||英文 32 Pages
|全球乙烯市場預測:全球乙烯產能的擴大由美國和中國主導 Global Ethylene Outlook - Continuing Global Expansion of Ethylene Capacity through 2020 Led by the US and China|
|出版日期: 2014年11月30日||內容資訊: 英文 32 Pages||
The global ethylene industry is witnessing a change in the supply scenario in various parts of the world. In North America, ethylene supply is expected to boom in coming years as abundant and inexpensive natural gas liquids (NGLs) feedstock form shale gas is attracting companies to establish their plants in the region. In contrast to North America, ethylene industry in Europe is suffering from high cost of production due to high crude oil prices as most of plants in the region are based on naphtha feedstock. The Middle East and Africa have also seen tremendous growth in ethylene supply. These increases have seen the region surpass overall capacity of North America in 2013. Middle East producers still have the advantage of cheaper and subsidized NGLs feedstock and proximity to demand rich Asian markets.
Asia-Pacific will remain the growth engine of the global ethylene industry. It makes up almost half of the annual growth in 2013, predominantly from China.
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