

The global Steam Cracker market size is predicted to grow from US$ 5975 million in 2025 to US$ 3619 million in 2031; it is expected to grow at a CAGR of -8.0% from 2025 to 2031.
Steam crackers are large and complex Kiloton at the heart of petrochemical complexes, producing the important building blocks ethylene, propylene, butadiene, aromatics and acetylene. They involve cracking hydrocarbon feedstocks in the presence of steam and at temperatures of between 800° and 870°C. The resulting cracked gas is separated into valuable products such as ethylene, propylene, acetylene, butadiene, pyrolysis gasoline and BTX, all according to the specifications required for downstream processes.
In the global market, the major core players of steam crackers are Linde, Sinopec Engineering Incorporation,HUANQIU(CNPC), Lummus, ect. The top three players within this industry account for about 74.76% of the market share. North America and Asia-Pacific are the major manufacturing regions for this product, with both Asia-Pacific accounting for about 70% of the global market share. The product can be classified on the basis of power source as LPG-based, naphtha-based, ethane-based, and others. The product is widely used in ethylene production and other industries.
The “Steam Cracker Industry Forecast” looks at past sales and reviews total world Steam Cracker sales in 2024, providing a comprehensive analysis by region and market sector of projected Steam Cracker sales for 2025 through 2031. With Steam Cracker sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Steam Cracker industry.
This Insight Report provides a comprehensive analysis of the global Steam Cracker landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Steam Cracker portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Steam Cracker market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Steam Cracker and breaks down the forecast by Source, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Steam Cracker.
This report presents a comprehensive overview, market shares, and growth opportunities of Steam Cracker market by product type, application, key manufacturers and key regions and countries.
Segmentation by Source:
Based on LPG
Based on Naphtha
Based on Ethane
Others
Segmentation by Application:
Ethylene Production
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Linde
Sinopec Engineering Incorporation
Lummus
HUANQIU(CNPC)
TechnipFMC
KBR
Wison
Key Questions Addressed in this Report
What is the 10-year outlook for the global Steam Cracker market?
What factors are driving Steam Cracker market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Steam Cracker market opportunities vary by end market size?
How does Steam Cracker break out by Source, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Steam Cracker Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Steam Cracker by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Steam Cracker by Country/Region, 2020, 2024 & 2031
2.2 Steam Cracker Segment by Source
2.2.1 Based on LPG
2.2.2 Based on Naphtha
2.2.3 Based on Ethane
2.2.4 Others
2.3 Steam Cracker Sales by Source
2.3.1 Global Steam Cracker Sales Market Share by Source (2020-2025)
2.3.2 Global Steam Cracker Revenue and Market Share by Source (2020-2025)
2.3.3 Global Steam Cracker Sale Price by Source (2020-2025)
2.4 Steam Cracker Segment by Application
2.4.1 Ethylene Production
2.4.2 Others
2.5 Steam Cracker Sales by Application
2.5.1 Global Steam Cracker Sale Market Share by Application (2020-2025)
2.5.2 Global Steam Cracker Revenue and Market Share by Application (2020-2025)
2.5.3 Global Steam Cracker Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Steam Cracker Breakdown Data by Company
3.1.1 Global Steam Cracker Annual Sales by Company (2020-2025)
3.1.2 Global Steam Cracker Sales Market Share by Company (2020-2025)
3.2 Global Steam Cracker Annual Revenue by Company (2020-2025)
3.2.1 Global Steam Cracker Revenue by Company (2020-2025)
3.2.2 Global Steam Cracker Revenue Market Share by Company (2020-2025)
3.3 Global Steam Cracker Sale Price by Company
3.4 Key Manufacturers Steam Cracker Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Steam Cracker Product Location Distribution
3.4.2 Players Steam Cracker Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Steam Cracker by Geographic Region
4.1 World Historic Steam Cracker Market Size by Geographic Region (2020-2025)
4.1.1 Global Steam Cracker Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Steam Cracker Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Steam Cracker Market Size by Country/Region (2020-2025)
4.2.1 Global Steam Cracker Annual Sales by Country/Region (2020-2025)
4.2.2 Global Steam Cracker Annual Revenue by Country/Region (2020-2025)
4.3 Americas Steam Cracker Sales Growth
4.4 APAC Steam Cracker Sales Growth
4.5 Europe Steam Cracker Sales Growth
4.6 Middle East & Africa Steam Cracker Sales Growth
5 Americas
5.1 Americas Steam Cracker Sales by Country
5.1.1 Americas Steam Cracker Sales by Country (2020-2025)
5.1.2 Americas Steam Cracker Revenue by Country (2020-2025)
5.2 Americas Steam Cracker Sales by Source (2020-2025)
5.3 Americas Steam Cracker Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Steam Cracker Sales by Region
6.1.1 APAC Steam Cracker Sales by Region (2020-2025)
6.1.2 APAC Steam Cracker Revenue by Region (2020-2025)
6.2 APAC Steam Cracker Sales by Source (2020-2025)
6.3 APAC Steam Cracker Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Steam Cracker by Country
7.1.1 Europe Steam Cracker Sales by Country (2020-2025)
7.1.2 Europe Steam Cracker Revenue by Country (2020-2025)
7.2 Europe Steam Cracker Sales by Source (2020-2025)
7.3 Europe Steam Cracker Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Steam Cracker by Country
8.1.1 Middle East & Africa Steam Cracker Sales by Country (2020-2025)
8.1.2 Middle East & Africa Steam Cracker Revenue by Country (2020-2025)
8.2 Middle East & Africa Steam Cracker Sales by Source (2020-2025)
8.3 Middle East & Africa Steam Cracker Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Steam Cracker
10.3 Manufacturing Process Analysis of Steam Cracker
10.4 Industry Chain Structure of Steam Cracker
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Steam Cracker Distributors
11.3 Steam Cracker Customer
12 World Forecast Review for Steam Cracker by Geographic Region
12.1 Global Steam Cracker Market Size Forecast by Region
12.1.1 Global Steam Cracker Forecast by Region (2026-2031)
12.1.2 Global Steam Cracker Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Steam Cracker Forecast by Source (2026-2031)
12.7 Global Steam Cracker Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Linde
13.1.1 Linde Company Information
13.1.2 Linde Steam Cracker Product Portfolios and Specifications
13.1.3 Linde Steam Cracker Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Linde Main Business Overview
13.1.5 Linde Latest Developments
13.2 Sinopec Engineering Incorporation
13.2.1 Sinopec Engineering Incorporation Company Information
13.2.2 Sinopec Engineering Incorporation Steam Cracker Product Portfolios and Specifications
13.2.3 Sinopec Engineering Incorporation Steam Cracker Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Sinopec Engineering Incorporation Main Business Overview
13.2.5 Sinopec Engineering Incorporation Latest Developments
13.3 Lummus
13.3.1 Lummus Company Information
13.3.2 Lummus Steam Cracker Product Portfolios and Specifications
13.3.3 Lummus Steam Cracker Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Lummus Main Business Overview
13.3.5 Lummus Latest Developments
13.4 HUANQIU(CNPC)
13.4.1 HUANQIU(CNPC) Company Information
13.4.2 HUANQIU(CNPC) Steam Cracker Product Portfolios and Specifications
13.4.3 HUANQIU(CNPC) Steam Cracker Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 HUANQIU(CNPC) Main Business Overview
13.4.5 HUANQIU(CNPC) Latest Developments
13.5 TechnipFMC
13.5.1 TechnipFMC Company Information
13.5.2 TechnipFMC Steam Cracker Product Portfolios and Specifications
13.5.3 TechnipFMC Steam Cracker Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 TechnipFMC Main Business Overview
13.5.5 TechnipFMC Latest Developments
13.6 KBR
13.6.1 KBR Company Information
13.6.2 KBR Steam Cracker Product Portfolios and Specifications
13.6.3 KBR Steam Cracker Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 KBR Main Business Overview
13.6.5 KBR Latest Developments
13.7 Wison
13.7.1 Wison Company Information
13.7.2 Wison Steam Cracker Product Portfolios and Specifications
13.7.3 Wison Steam Cracker Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Wison Main Business Overview
13.7.5 Wison Latest Developments
14 Research Findings and Conclusion
*If Applicable.