Global Ethylene Category - Procurement Market Intelligence Report
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.
Covered in this report
According to procurement analysts, 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.
Category driver
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:
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.
Covered in this report
According to procurement analysts, 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.
Category driver
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)
Table of Contents
PART 1: CATEGORY AT A GLANCE- TAKEAWAY 01 - Market Overview
- TAKEAWAY 02 - Demand and Supply Snapshot
- TAKEAWAY 03 - Key Market Dynamics
- TAKEAWAY 04 - Supply Market Highlights
- TAKEAWAY 05 - Pricing Insights
- TAKEAWAY 06 - Procurement Insights
PART 2: SCOPE OF THE REPORT
- Category Definition
- Research Methodology
PART 3: MARKET INSIGHTS
- Category Spend Analysis
- Category Maturity by Regions
- Demand-Supply Shifts
- Regional Demand-Supply Snapshot
- Global Ethylene Production Hubs
- Market Developments
- Regional Impact of Trends
- Key Category Growth Drivers and Corresponding Regional Impacts
- Major Category Growth Constraints and Corresponding Regional Impacts
- Key Current Technological Innovations
- Major Regulatory Frameworks
- Strategic Sustainability Practices
- Porter’s Five Forces
- PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
- Supplier Operational Capability Matrix
- Other Prominent Suppliers by Region: Operational Capability Matrix
- Supplier Functional Capability Matrix
- Other Prominent Suppliers by Region: Functional Capability Matrix
- Key Partners
- Supplier Cost Breakup
- Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
- Pricing Models Snapshot
- Pricing Models - Pros and Cons
- Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
- Major Category Requirements
- Major Procurement Pain Points
- Category Sourcing Evolution Matrix
- Procurement Best Practices
- Cost-saving Opportunities
- Supplier Selection Criteria
- Category Negotiation Strategies
- SLA Terms
- Supplier Evaluation Criteria
- Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
- BASF
- Total
- The Dow Chemical
- Shell
- ExxonMobil
PART 8: APPENDIX
- Glossary
- Key Notes
- About
Executive Summary
New Report Released: Global Ethylene - Procurement Market Intelligence Report 2018-2022.The author of the report recognizes the following companies as the key suppliers in the Global Ethylene - Procurement Market Intelligence Report: BASF, Total, The Dow Chemical, Shell, ExxonMobil.
Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to engage with suppliers that have good raw material supply chain associations.”
According to the report, one of the key growth contributors for the global ethylene market is the growing demand for polyethylene from the construction industry.
Further, the report states that major procurement challenge faced by buyers is the difficulty faced while assessing suppliers' capability in providing on-time product delivery.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Companies Mentioned
- BASF
- Total
- The Dow Chemical
- Shell
- ExxonMobil
Methodology
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