Global Steam Cracker Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI01245838

Publication Date:

January 4, 2024

Pages:

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturers [2]

Machinery [3]

Industry & Manufacturing [4]

Description:

The global Steam Cracker market size was valued at US$ 5354 million in 2023. With growing demand in downstream market, the Steam Cracker is forecast to a readjusted size of US$ 2989.5 million by 2030 with a CAGR of -8.0% during review period.
The research report highlights the growth potential of the global Steam Cracker market. Steam Cracker are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Steam Cracker. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Steam Cracker market.
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掳 and 870掳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, Lummus, ect. The top three players within this industry account for about 60% of the market share. North America and Asia-Pacific are the major manufacturing regions for this product, with both Asia-Pacific accounting for over 60% 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.
Key Features:
The report on Steam Cracker market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Steam Cracker market. It may include historical data, market segmentation by Source (e.g., Based on LPG, Based on Naphtha), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Steam Cracker market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Steam Cracker market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Steam Cracker industry. This include advancements in Steam Cracker technology, Steam Cracker new entrants, Steam Cracker new investment, and other innovations that are shaping the future of Steam Cracker.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Steam Cracker market. It includes factors influencing customer ' purchasing decisions, preferences for Steam Cracker product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Steam Cracker market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Steam Cracker market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Steam Cracker market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Steam Cracker industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Steam Cracker market.
Market Segmentation:
Steam Cracker market is split by Source and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Source, and by Application in terms of value.
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 analyzing the company's coverage, product portfolio, its market penetration.
Linde
Sinopec Engineering Incorporation
Lummus
HUANQIU(CNPC)
TechnipFMC
KBR
Wison

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

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 Market Size 2019-2030
2.1.2 Steam Cracker Market Size CAGR by Region 2019 VS 2023 VS 2030
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 Market Size by Source
2.3.1 Steam Cracker Market Size CAGR by Source (2019 VS 2023 VS 2030)
2.3.2 Global Steam Cracker Market Size Market Share by Source (2019-2024)
2.4 Steam Cracker Segment by Application
2.4.1 Ethylene Production
2.4.2 Others
2.5 Steam Cracker Market Size by Application
2.5.1 Steam Cracker Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Steam Cracker Market Size Market Share by Application (2019-2024)
3 Steam Cracker Market Size by Player
3.1 Steam Cracker Market Size Market Share by Players
3.1.1 Global Steam Cracker Revenue by Players (2019-2024)
3.1.2 Global Steam Cracker Revenue Market Share by Players (2019-2024)
3.2 Global Steam Cracker Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Steam Cracker by Regions
4.1 Steam Cracker Market Size by Regions (2019-2024)
4.2 Americas Steam Cracker Market Size Growth (2019-2024)
4.3 APAC Steam Cracker Market Size Growth (2019-2024)
4.4 Europe Steam Cracker Market Size Growth (2019-2024)
4.5 Middle East & Africa Steam Cracker Market Size Growth (2019-2024)
5 Americas
5.1 Americas Steam Cracker Market Size by Country (2019-2024)
5.2 Americas Steam Cracker Market Size by Source (2019-2024)
5.3 Americas Steam Cracker Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Steam Cracker Market Size by Region (2019-2024)
6.2 APAC Steam Cracker Market Size by Source (2019-2024)
6.3 APAC Steam Cracker Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Steam Cracker by Country (2019-2024)
7.2 Europe Steam Cracker Market Size by Source (2019-2024)
7.3 Europe Steam Cracker Market Size by Application (2019-2024)
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 Region (2019-2024)
8.2 Middle East & Africa Steam Cracker Market Size by Source (2019-2024)
8.3 Middle East & Africa Steam Cracker Market Size by Application (2019-2024)
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 Global Steam Cracker Market Forecast
10.1 Global Steam Cracker Forecast by Regions (2025-2030)
10.1.1 Global Steam Cracker Forecast by Regions (2025-2030)
10.1.2 Americas Steam Cracker Forecast
10.1.3 APAC Steam Cracker Forecast
10.1.4 Europe Steam Cracker Forecast
10.1.5 Middle East & Africa Steam Cracker Forecast
10.2 Americas Steam Cracker Forecast by Country (2025-2030)
10.2.1 United States Steam Cracker Market Forecast
10.2.2 Canada Steam Cracker Market Forecast
10.2.3 Mexico Steam Cracker Market Forecast
10.2.4 Brazil Steam Cracker Market Forecast
10.3 APAC Steam Cracker Forecast by Region (2025-2030)
10.3.1 China Steam Cracker Market Forecast
10.3.2 Japan Steam Cracker Market Forecast
10.3.3 Korea Steam Cracker Market Forecast
10.3.4 Southeast Asia Steam Cracker Market Forecast
10.3.5 India Steam Cracker Market Forecast
10.3.6 Australia Steam Cracker Market Forecast
10.4 Europe Steam Cracker Forecast by Country (2025-2030)
10.4.1 Germany Steam Cracker Market Forecast
10.4.2 France Steam Cracker Market Forecast
10.4.3 UK Steam Cracker Market Forecast
10.4.4 Italy Steam Cracker Market Forecast
10.4.5 Russia Steam Cracker Market Forecast
10.5 Middle East & Africa Steam Cracker Forecast by Region (2025-2030)
10.5.1 Egypt Steam Cracker Market Forecast
10.5.2 South Africa Steam Cracker Market Forecast
10.5.3 Israel Steam Cracker Market Forecast
10.5.4 Turkey Steam Cracker Market Forecast
10.5.5 GCC Countries Steam Cracker Market Forecast
10.6 Global Steam Cracker Forecast by Source (2025-2030)
10.7 Global Steam Cracker Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 Linde
11.1.1 Linde Company Information
11.1.2 Linde Steam Cracker Product Offered
11.1.3 Linde Steam Cracker Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Linde Main Business Overview
11.1.5 Linde Latest Developments
11.2 Sinopec Engineering Incorporation
11.2.1 Sinopec Engineering Incorporation Company Information
11.2.2 Sinopec Engineering Incorporation Steam Cracker Product Offered
11.2.3 Sinopec Engineering Incorporation Steam Cracker Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Sinopec Engineering Incorporation Main Business Overview
11.2.5 Sinopec Engineering Incorporation Latest Developments
11.3 Lummus
11.3.1 Lummus Company Information
11.3.2 Lummus Steam Cracker Product Offered
11.3.3 Lummus Steam Cracker Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Lummus Main Business Overview
11.3.5 Lummus Latest Developments
11.4 HUANQIU(CNPC)
11.4.1 HUANQIU(CNPC) Company Information
11.4.2 HUANQIU(CNPC) Steam Cracker Product Offered
11.4.3 HUANQIU(CNPC) Steam Cracker Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 HUANQIU(CNPC) Main Business Overview
11.4.5 HUANQIU(CNPC) Latest Developments
11.5 TechnipFMC
11.5.1 TechnipFMC Company Information
11.5.2 TechnipFMC Steam Cracker Product Offered
11.5.3 TechnipFMC Steam Cracker Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 TechnipFMC Main Business Overview
11.5.5 TechnipFMC Latest Developments
11.6 KBR
11.6.1 KBR Company Information
11.6.2 KBR Steam Cracker Product Offered
11.6.3 KBR Steam Cracker Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 KBR Main Business Overview
11.6.5 KBR Latest Developments
11.7 Wison
11.7.1 Wison Company Information
11.7.2 Wison Steam Cracker Product Offered
11.7.3 Wison Steam Cracker Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Wison Main Business Overview
11.7.5 Wison Latest Developments
12 Research Findings and Conclusion

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