에탄 시장 규모, 점유율, 성장 분석 : 제조 방법별, 유통 채널별, 용도별, 지역별 - 산업 예측(2024-2031년)

Global Ethane Market size was valued at USD 12.60 billion in 2022 and is poised to grow from USD 13.17 billion in 2023 to USD 18.82 billion by 2031, growing at a CAGR of 4.56% during the forecast period (2024-2031).

The ethane market is experiencing robust growth driven by the rising demand for ethylene and its derivatives, which are essential in sectors such as construction, automotive, and packaging. The interplay of natural gas prices and supply-demand dynamics in the petrochemical industry significantly influences ethane pricing, with the surge in shale gas production-particularly in the United States-fostering increased ethane exports and production. Ethylene serves as a fundamental building block for resins and plastics, underscoring its importance across diverse applications, as highlighted in a University of South Carolina study from September 2021. However, environmental concerns arising from the substantial emission of ethane gas could adversely affect atmospheric oxygen levels, prompting potential regulatory measures that may constrain the ethane market's compound annual growth rate (CAGR) in the coming years. There is also an escalating demand for ethane and other natural gas liquids as energy sources in chemical production. Furthermore, the shift towards bioplastics and other sustainable alternatives is gaining traction amidst the growing interest in eco-friendly materials, which may impact the traditional petrochemical landscape. As sustainability initiatives strengthen, businesses may need to adapt their strategies to align better with market changes and evolving consumer preferences for greener solutions. Thus, while growth prospects remain strong, the market must navigate regulatory challenges and a shift towards renewables to maintain momentum.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Ethane market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Ethane Market Segmental Analysis

Global Ethane Market is segmented by Production Method, Distribution Channel, Application, End-User, and region. Based on Production Method, the market is segmented into Natural Gas Separation, Refinery by Product, and Others. Based on function, the market is segmented into Offline, and Online. Based on application, the market is segmented into Acetic Acid Synthesis, Ethylene Synthesis, Refrigerant, and Others. Based on End user, the market is segmented into Automotive and Transportation, Construction, Electrical & Electronics, Packaging, and Others. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Ethane Market

The global ethane market is significantly influenced by the rising demand for ethylene, a critical precursor in manufacturing various products such as plastics, textiles, and chemicals. As industries seek to expand their production of ethylene, driven by consumer needs and technological advancements, the demand for ethane is projected to increase correspondingly. This correlation highlights ethane's role as a vital feedstock, ensuring that the growth in ethylene consumption will subsequently lead to a higher requirement for ethane in the market. Consequently, this dynamic is poised to drive the overall expansion of the global ethane market in the coming years.

Restraints in the Global Ethane Market

The global ethane market faces several constraints, primarily stemming from environmental concerns. The production and utilization of ethane and its derivatives contribute to greenhouse gas emissions, air pollution, and potential water contamination. These environmental impacts have triggered heightened regulatory scrutiny and may result in stricter regulations that limit the use of ethane. As governments and organizations increasingly prioritize sustainability and environmental protection, the ethane market could experience significant challenges. The necessity to address these ecological issues may hinder market growth, encouraging a shift towards more sustainable alternatives that pose fewer risks to the environment and public health.

Market Trends of the Global Ethane Market

The global ethane market is poised for sustained growth, primarily driven by the increasing demand for ethylene, which serves as a crucial feedstock in various industries, particularly plastics and resins. Ethylene's production, exceeding 200 million tons annually, underscores its significance as the most produced organic chemical. The U.S. has experienced a surge in ethane consumption due to expanded production capabilities and competitive raw material costs. However, emerging environmental concerns, including potential impacts of ethane gas leaks on oxygen levels, may prompt regulatory frameworks that could temper market expansion. As a result, the market is navigating a dual landscape of opportunity and regulatory challenges.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2023
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Technological Advancement
• Regulatory Landscape
• Case Studies
• Customer & Buying Criteria Analysis
• Trade Analysis

Global Ethane Market Size by Production Method & CAGR (2024-2031)

• Market Overview
• Natural Gas Separation
• Refinery by Product
• Others

Global Ethane Market Size by Distribution Channel & CAGR (2024-2031)

• Market Overview
• Offline
• Online

Global Ethane Market Size by Application & CAGR (2024-2031)

• Market Overview
• Acetic Acid Synthesis
• Ethylene Synthesis
• Refrigerant
• Others

Global Ethane Market Size by End-User & CAGR (2024-2031)

• Market Overview
• Automotive and Transportation
• Construction
• Electrical & Electronics
• Packaging
• Others

Global Ethane Market Size & CAGR (2024-2031)

• North America, (Production Method, Distribution Channel, Application, End-User)
  • US
  • Canada
• Europe, (Production Method, Distribution Channel, Application, End-User)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (Production Method, Distribution Channel, Application, End-User)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (Production Method, Distribution Channel, Application, End-User)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (Production Method, Distribution Channel, Application, End-User)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2023
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• Royal Dutch Shell
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ExxonMobil Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BP plc
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Chevron Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Total SE
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LyondellBasell Industries Holdings B.V.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• EQUATE Petrochemical Company
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• China National Petroleum Corporation (CNPC)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dow Chemical Company
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sasol Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Saudi Aramco
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• PTT Global Chemical Public Company Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Occidental Petroleum Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Eni SpA
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Qatar Petroleum
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Formosa Petrochemical Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Reliance Industries Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation