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    Home > Chemicals Industry > Rubber Plastic News > U.S. ethane consumption to grow faster than other petroleum products by 2023

    U.S. ethane consumption to grow faster than other petroleum products by 2023

    • Last Update: 2023-01-30
    • Source: Internet
    • Author: User
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    U.
    S.
    ethane consumption has grown every year since 2010, and now consumes more ethane than jet fuel or propane, the EIA said on its website

    .

    Ethane consumption increased by 50,000 bpd in 2021, according to EIA's March 2022 Petroleum Supply Monthly
    .
    U.
    S.
    ethane consumption will increase by another 340,000 bpd by 2023, according to EIA forecasts

    .

    Annual U.
    S.
    ethane consumption has increased every year since 2010 due to growing demand for ethane as a petrochemical feedstock

    .
    Ethane is primarily used as a petrochemical feedstock to produce ethylene, which in turn is used to make plastics and resins

    .

    Annual U.
    S.
    ethane consumption has increased every year since 2010 due to growing demand for ethane as a petrochemical feedstock

    .
    Ethane is primarily used as a petrochemical feedstock to produce ethylene, which in turn is used to make plastics and resins

    .

    Domestic ethane consumption has increased over the past two years due to increased ethylene cracking capacity
    .
    In contrast, consumption of most other petroleum products has declined over the past two years due to reduced travel during the Covid-19 pandemic

    .

    Domestic ethane consumption has increased over the past two years due to increased ethylene cracking capacity
    .
    In contrast, consumption of most other petroleum products has declined over the past two years due to reduced travel during the Covid-19 pandemic

    .

    U.
    S.
    ethane consumption is growing in 2021 despite a winter storm in the U.
    S.
    Gulf of Mexico in mid-February that shut down more than a third of U.
    S.
    ethylene cracking capacity

    .
    With roughly 90% of U.
    S.
    ethane consumption concentrated on the Gulf Coast, the storm disruption reduced ethane consumption by 655,000 bpd in February 2021

    .
    Despite this decline, the addition of two new ethylene crackers in the second half of 2021 drove the overall increase in ethane consumption in 2021

    .

    U.
    S.
    ethane consumption is growing in 2021 despite a winter storm in the U.
    S.
    Gulf of Mexico in mid-February that shut down more than a third of U.
    S.
    ethylene cracking capacity

    .
    With roughly 90% of U.
    S.
    ethane consumption concentrated on the Gulf Coast, the storm disruption reduced ethane consumption by 655,000 bpd in February 2021

    .
    Despite this decline, the addition of two new ethylene crackers in the second half of 2021 drove the overall increase in ethane consumption in 2021

    .

    U.
    S.
    ethane consumption is projected to average 2.
    1 million b/d in 2022 and 2023, according to EIA, as another ethylene cracker recently completed in Monaca, Pennsylvania, is expected to add 96,000 b/d of ethane feedstock capacity , while the existing ethylene cracker will operate at a higher utilization rate

    .

    U.
    S.
    ethane consumption is projected to average 2.
    1 million b/d in 2022 and 2023, according to EIA, as another ethylene cracker recently completed in Monaca, Pennsylvania, is expected to add 96,000 b/d of ethane feedstock capacity , while the existing ethylene cracker will operate at a higher utilization rate

    .
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