The global Ethane Market size is expected to reach USD 685.4 Million in 2028 and register a revenue CAGR of 3.1% during the forecast period. Rapid expansion of various end-use industries and rising demand for packaged goods due to changing lifestyles are driving market revenue growth.

Ethane is a by-product produced from refinery off-gas or from natural gas processing, and is in high demand as feedstock at steam crackers for Ethylene production. Ethane is widely used as a calibration gas mixture for laboratory instruments and inspection, and as the most volatile marker for investigation of lipid peroxidation. It is also deployed in production of Acetaldehyde and Ethanol, which finds application in paints, varnishes, Plastics, and adhesives, among others.

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Major Companies:

Competitive landscape of the global ethane market is fragmented with numerous key players operating on global and regional levels. Key players are engaged in product development and strategic alliances to expand their respective product portfolio and gain a robust footing in the global market. Major companies profiled in the market report include Royal Dutch Shell Plc, Praxair Technology Inc., Air Liquide, Williams, Energy Transfer, American Ethane Company, LLC, Enbridge Inc., Devon Energy Corporation, Saudi Aramco, and Santos Limited

Ethane Market Segmentation:

By Application Outlook:

• Ethylene Synthesis

• Acetic Acid Synthesis
• Refrigerant
• Others (Fuel for automotive, detergent, scientific research)

By End-Use Outlook:

• Packaging

• Automotive and Transportation
• Construction
• Electrical and Electronics
• Others

By Distribution Channel Outlook:

• Online

• Offline

Key questions addressed in the report:

• What is the expected market size of the global Ethane market during the forecast period?
• What CAGR is the global market expected to register during the forecast period?
• Which key factors are expected to boost global market growth between 2021 and 2028?
• What are the key restraints that are expected to hamper global market growth?
• Which regional market is expected to register robust CAGR during the forecast period?
• Which key players are operating the global Ethane market?

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Key Regional Markets Covered in the Report:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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