Olefin Market Set to Hit USD 220.5 Billion by 2032 at 4.8% CAGR

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2026-05-21 07:56:04 -

Global Olefin Market was valued at USD 148.6 billion in 2024. The market is projected to grow from USD 156.1 billion in 2025 to USD 220.5 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period. Olefins, including ethylene and propylene, serve as critical building blocks for petrochemical production. Their versatility in manufacturing plastics,...

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