| Product Code: ETC5043496 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Belgium continued to see significant ethane import shipments from key countries such as the USA, UK, Germany, and Norway. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period 2020-2024 remained strong at 4.9%. The high Herfindahl-Hirschman Index (HHI) suggests a market concentration among a few major suppliers, emphasizing the importance of monitoring competition dynamics and ensuring supply chain resilience in the ethane import market for Belgium.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Ethane Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Ethane Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Ethane Market - Industry Life Cycle |
3.4 Belgium Ethane Market - Porter's Five Forces |
3.5 Belgium Ethane Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Belgium Ethane Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Belgium Ethane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for ethane in the petrochemical industry |
4.2.2 Increasing investments in infrastructure for ethane transportation and storage |
4.2.3 Favorable government regulations supporting the use of ethane as a feedstock |
4.3 Market Restraints |
4.3.1 Volatility in ethane prices |
4.3.2 Environmental concerns related to ethane extraction and processing |
4.3.3 Competition from alternative feedstocks in the petrochemical industry |
5 Belgium Ethane Market Trends |
6 Belgium Ethane Market Segmentations |
6.1 Belgium Ethane Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Belgium Ethane Market Revenues & Volume, By Ethylene Synthesis, 2021-2031F |
6.1.3 Belgium Ethane Market Revenues & Volume, By Acetic Acid Synthesis, 2021-2031F |
6.1.4 Belgium Ethane Market Revenues & Volume, By Refrigerant, 2021-2031F |
6.2 Belgium Ethane Market, By End-Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Belgium Ethane Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.3 Belgium Ethane Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.2.4 Belgium Ethane Market Revenues & Volume, By Construction, 2021-2031F |
6.2.5 Belgium Ethane Market Revenues & Volume, By Electricals & Electronics, 2021-2031F |
6.2.6 Belgium Ethane Market Revenues & Volume, By Healthcare, 2021-2031F |
7 Belgium Ethane Market Import-Export Trade Statistics |
7.1 Belgium Ethane Market Export to Major Countries |
7.2 Belgium Ethane Market Imports from Major Countries |
8 Belgium Ethane Market Key Performance Indicators |
8.1 Ethane consumption by the petrochemical industry in Belgium |
8.2 Number of new ethane infrastructure projects initiated |
8.3 Ethane pricing trends in the market |
9 Belgium Ethane Market - Opportunity Assessment |
9.1 Belgium Ethane Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Belgium Ethane Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Belgium Ethane Market - Competitive Landscape |
10.1 Belgium Ethane Market Revenue Share, By Companies, 2024 |
10.2 Belgium Ethane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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