Lohia Mechatronik

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Global ethylene market to register CAGR of 6.1% from 2019-2025

19-Jul-19

The global ethylene market is estimated to register CAGR of 6.1% over the forecast period from 2019-2025, as per ResearchAndMarkets.com.
Increasing demand for ethylene derivatives in packaging industries and increasing usage of the ethylene end product will drive the market. A major factor restraining growth will be the fluctuating prices of crude oil. Many countries are using coal as the feedstock to produce ethylene.

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