Product
Green Ethylene Price Trend and Forecast
Green Ethylene Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Green Ethylene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Green Ethylene Price Trend for the Second Half of 2022
Green Ethylene is derived from green ethanol, which is sourced out of biodegradable raw materials like sugarcane, and corn. Green ethylene can be further polymerized to manufacture green biodegradable plastics.
After witnessing a surge in the first half of the year 2022, green ethylene prices finally started stabilizing in the middle of the second half. The fall in the feedstock corn and sugar prices was the major reason for price depreciation. However, the price trends remained positive as the demand dynamic remained stable and growing.
As the green movement has been gaining importance, the demand for eco-friendly substitutes of petrochemicals has been increasing, which called for a positive green ethylene market outlook.
Analyst Insight
According to Procurement Resource, the price trends for green ethylene are expected to remain positive, as the market demands are on the rise. More research for diversifying the source commodities and cutting upstream costs is underway thereby contributing to the positive outlook for the concerned market.
Green Ethylene Price Trend For the First Half of 2022
Green ethylene is referred to as ethylene that is obtained through renewable feedstocks. Bioethanol, which is obtained via renewable biomass like raw sugars, and corn, serves as the primary feedstock in the manufacturing of green ethylene. Hence, the price trends of green ethylene closely mimic the price trends of bioethanol.
The prices of bioethanol surged throughout the year’s first half as the prices of feedstock corn soared owing to trade restrictions and a lousy harvest in Latin America. In Asia, bioethanol prices averaged 1140 USD/MT Ex-Shanghai, China. While in Europe and the US, bioethanol prices averaged 1075 USD/MT( FOB Hamburg)and 775-870 USD/MT (FOB Texas), respectively.
Hence, due to the inflated feedstock costs amid the robust consumer demand and the increased focus on a carbon-neutral circular economy, the price trends of green ethylene remained on the higher side of the scale globally.
Procurement Resource provides latest prices of Green Ethylene. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Green Ethylene is referred to as ethylene that is obtained through renewable feedstocks. Ethanol produced from a renewable source such as sugarcane and corn rather than the fossil oil derivative is used to manufacture green ethylene. It is an excellent sustainable alternative to fossil-derived ethylene as it helps in lowering the carbon footprint by reducing greenhouse gas emissions.
Product Details
| Report Features | Details |
| Product Name | Green Ethylene |
| Industrial Uses | Polymers/Plasticizers, Chemical Substrates, Solvent, Antifreeze, Fibers |
| Chemical Formula | C2H4 |
| Synonyms | Green Ethene |
| Molecular Weight | 28.05 g/mol |
| Supplier Database | Braskem, USA |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
- Production of Green Ethylene from Ethanol Dehydration
In this process, the primary raw material, ethanol derived from fermented sugarcane, is catalytically dehydrated in reactors at high temperatures and moderate pressure. Then separation processes are carried out to separate the desired green ethylene, unreacted ethanol, and impurities. Green ethylene can save up to 60% fossil energy compared to the stream cracking process, and 40% fewer greenhouse gases are emitted compared to the fossil fuel production method.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e., government agencies, external trade bodies, and industry publications).
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