The ethylene market in the Netherlands demonstrated significant fluctuations from 2013 to 2023. Following a decline from 1.865 billion kilograms in 2013 to 1.6488 billion kilograms in 2016, the market saw a substantial recovery, peaking in 2018 and remaining relatively stable thereafter. Despite minor annual fluctuations, the market registered moderate growth in the last five years, with a CAGR of 0.73% predicted for the upcoming period. Currently, in 2023, the market stands at 2.163 billion kilograms.
Future trends to watch for include:
- Innovations in ethylene production technology.
- Shifts in regulatory policies affecting the petrochemical industry.
- Grades and applications of ethylene diversifying in response to market needs.
- Environmental concerns and sustainable production practices.
