Lily Desouza20 May, 2025Business
The Global Green Olefins Market is anticipated to register a CAGR of around 14% during the forecast period, i.e., 2025-32. Also, the market size was valued at nearly USD 502.65 billion by 2032. Owing to the global demand for cleaner & greener industrial fluids as well as stricter emission regulations in both developed & emerging nations, the Olefins Market is predicted to upscale substantially over the forecast period. Additionally, an uptick in the application of internal olefins in oil drilling and associated operations is projected to propel the industry as the need for crude oil & its derivatives increases globally. Consequently, these factors have guaranteed the market’s continued growth. They are also very resilient to dampness and quite robust, which makes them a great option for the textile industry. In this market, the manufacturer of fiber is one of Olefin’s most popular uses.
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