Ceresana Releases Report on the Ethylene Industry in China
CONSTANCE, Germany - Market research firm Ceresana has released a new report, Ethylene Value Chain China, which offers an analysis of the current and future development of the entire ethylene industry in China. Attention is given to various downstream products at various points of the value chain and final end applications.
Chinese demand for ethylene more than doubled between 2005 and 2013. Revenues generated with this product rose to about $19 billion. Downstream processing industries are responsible for the notable increase. Manufacturers of the three polyethylene plastics HDPE, LLDPE and LDPE currently process more than 60% of the ethylene consumed in China. Other direct applications of ethylene include important chemicals such as ethylene dichloride, ethylene oxide and ethylbenzene.