The global ethylene market has been witnessing significant growth due to increasing application of ethylene in the construction industry. Ethylene is an organic compound which is primarily used in the production of polyethylene. Polyethylene is a versatile plastic material that is used in various construction applications such as pipes, cable insulation, bottles, films and containers due to its high strength-to-density ratio and resistance to corrosion. It is highly preferred over other materials in infrastructure, commercial and residential construction projects due to advantages such as durability, flexibility and sustainability. Growing environmental concerns have increased focus on sustainable building materials, which has propelled the demand for Global Ethylene Market Growth as a substitute to traditional materials.

The Global Ethylene Market is estimated to be valued at US$ 158.06 Mn in 2024 and is expected to exhibit a CAGR of 30% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the global ethylene market are Aecom, DPR Construction, Holder Construction, Jacobs, M+W Group (Exyte), Bouygues Construction, Mercury, Arup, and Benthem Crouwel Architects.

The global demand for ethylene is driven by rapidly expanding construction industry across regions. Rapid urbanization and increasing investments in infrastructure development projects are fueling the consumption of ethylene-based polyethylene globally.

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