DUBLIN--(BUSINESS WIRE)--The "Global Ethylene Category - Procurement Market Intelligence Report" report has been added to ResearchAndMarkets.com's offering.
Procurement research report on the ethylene market provides procurement professionals with up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services.
This report provides a detailed analysis of the supply market, procurement challenges, and procurement best practices which can help in planning and executing category management activities. It also focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
There is an increasing demand for polyethylene from the packaging industry. Polyethylene is used for both food and consumer packaging. The recent rise in income globally, combined with the growth in the number of middle-class consumers, is driving the consumption of goods that require plastic packaging. This trend is prominent in APAC, Africa, and Latin
America. For instance, the Indian packaging industry was valued at about US$32 billion in 2015 and is expected to grow to approximately US$73 billion in 2020.
One of the procurement best practices for buyers is to engage with suppliers that have good raw material supply chain associations. Buyers mainly include ethylene derivative manufacturers. The optimal operation of buyers' facilities and their capacity to compete effectively in the market depend on the uninterrupted availability of ethylene feedstock. Buyers should also select suppliers that have raw material supply contracts with multiple vendors so that a constant supply can be ensured. This is also essential as the raw materials for ethylene production come from the oil and gas industry, where the availability of product could vary depending on factors such as changes in regional regulatory policies, politics, and climate.
Solutions can be categorized into:
- CP grade (98.5%-99.5% purity)
- Polymer grade (99.9% purity)
- Research grade (99.999% purity)
- Ultra-high purity grade (99.95% purity)
- Matheson purity grade (99.995% purity)
Key Topics Covered:
Part 1: Category At A Glance
Part 2: Scope Of The Report
Part 3: Market Insights
Part 4: Supply Market Insights
Part 5: Pricing Insights
Part 6: Procurement Insights
Part 7: Top Five Suppliers
- The Dow Chemical
For more information about this report visit https://www.researchandmarkets.com/research/g834hb/global_ethylene?w=4