Ethane Market Overview | Trends, Share, trends, Growing Demand Analysis by Companies Strategy and Forecast 2027
Overview : The global ethane market has been segmented by application, end-use industry, and region. Based on application, the global Ethane Market Overview has been segmented into ethylene synthesis, acetic acid synthesis, refrigerant, and others. Among them, the ethylene synthesis segment held the largest market share in 2018 due to the widespread use of ethylene across various end-use industries. The segment is also projected to grow at a fastest CAGR during the forecast period. Based on end-use industry, the global ethane market analysis has been segmented into packaging, automotive & transportation, building & construction, electricals & electronics, healthcare, power, and others. The packaging segment is dominating the global ethane market based on end-use industry in 2018 due to the large-scale consumption of polyethylene, PVC, polyester, and polystyrene manufactured from ethane in the packaging industry. Apart from this, power industry segment is expected to gro