Table of Content

Executive Summary
Scope and Definition

1 Markets
1.1 Global Electric Steam Cracker Market: Current and Future
1.1.1 Sustainability in Petrochemical Refining
1.1.2 Steam Cracking Output (by Country)
1.1.3 Emission Reduction Initiatives (by Companies)
1.2 Research and Development Review
1.2.1 Projects on Electrification
1.2.1.1 IMPROOF Project
1.2.1.2 Cracker of the Future Consortium
1.2.2 Research Initiatives Globally
1.2.3 Patent Filing Trend (by Country and Company)
1.3 Regulatory Landscape
1.4 Stakeholder Analysis
1.4.1 Pilot Projects/Ongoing Analysis
1.5 Market Dynamics: Overview
1.5.1 Market Drivers
1.5.1.1 Rising Regulatory Pressures and Emission Targets
1.5.1.2 Increasing Demand for Sustainable Petrochemical Products
1.5.2 Market Restraints
1.5.2.1 High Capital Costs for Infrastructure Upgrades
1.5.2.2 Fluctuations in the Availability and Cost of Renewable Energy
1.5.3 Market Opportunities
1.5.3.1 Growth in Technological Advancements and Innovation
1.5.3.2 Increase in the Collaboration and Industry Partnerships
1.6 Low-Carbon Technologies for Emission Reduction in Steam Cracking
1.6.1 Hydrogen Firing or Hydrogen Steam Cracking
1.6.2 Selective Process Electrification
1.6.3 Carbon Capture Integration
1.6.4 Blue Hydrogen Integration
1.6.5 Unconventional Feed Cracking
1.7 Operation Comparison of Electric vs. Conventional
1.7.1 CAPEX and OPEX
1.7.2 Emissions
1.7.3 Output
1.8 Investment and Funding Scenario
1.9 Renewable Energy Ecosystem
1.9.1 Renewable Energy Production by Region, TWh, 2015-2022
1.9.2 Renewable Energy Production by Source, TWh, 2015-2022
1.9.3 Wind Energy Production by Region, TWh, 2015-2022
1.9.4 Solar Energy Production by Region, TWh, 2015-2022
1.9.5 Weighted Average Levelized Cost of Electricity (LCOE) for Onshore Wind by Country, $/kWh, 2020-2023
1.1 Steam Cracker Capacity by Region Million Tons, 2025, 2030, 2035, and 2040
1.11 Average Age of Cracker by Key Economies
1.12 Cost Structure Analysis
1.13 Petrochemical Market Outlook
1.13.1 Global Olefins Market Demand Outlook, Million Tons, 2020-2030
1.13.2 Global Aromatics Market Demand Outlook, Million Tons, 2020-2030

2 Application
2.1 Application Segmentation
2.2 Application Summary
2.3 Global Electric Steam Cracker Market (by End-Use Industry)
2.3.1 Petrochemical Industry
2.3.2 Oil Refining

3 Products
3.1 Product Segmentation
3.2 Product Summary
3.3 Electric Steam Cracker Market (by End-Product)
3.3.1 Olefins
3.3.2 Aromatics

4 Regions
4.1 Global Electric Steam Cracker Market (by Region)
4.2 North America
4.2.1 Regional Overview
4.2.2 Driving Factors for Market Growth
4.2.3 Factors Challenging the Market
4.2.4 Application
4.2.5 Product
4.2.6 North America (by Country)
4.2.6.1 U.S.
4.2.6.2 Rest-of-North America
4.3 Europe
4.3.1 Regional Overview
4.3.2 Driving Factors for Market Growth
4.3.3 Factors Challenging the Market
4.3.4 Application
4.3.5 Product
4.3.6 Europe (by Country)
4.3.6.1 Germany
4.3.6.2 France
4.3.6.3 Netherlands
4.3.6.4 Rest-of-Europe
4.4 Asia-Pacific
4.4.1 Regional Overview
4.4.2 Driving Factors for Market Growth
4.4.3 Factors Challenging the Market
4.4.4 Application
4.4.5 Product
4.4.6 Asia-Pacific (by Country)
4.4.6.1 China
4.4.6.2 Japan
4.4.6.3 Rest-of-Asia-Pacific
4.5 Rest-of-the-World
4.5.1 Regional Overview
4.5.2 Driving Factors for Market Growth
4.5.3 Factors Challenging the Market
4.5.4 Application
4.5.5 Product
4.5.6 Rest-of-the-World (by Region)
4.5.6.1 Middle East and Africa

5 Company Profile
5.1 Next Frontiers
5.2 Geographic Assessment
5.3 Company Profiles (Designing and EPC Companies)
5.3.1 KBR Inc.
5.3.1.1 Overview
5.3.1.2 Top Products/Product Portfolio
5.3.1.3 Target Customers/End Users
5.3.1.4 Key Personnel
5.3.1.5 Analyst View
5.3.2 Technip Energies N.V.
5.3.2.1 Overview
5.3.2.2 Top Products/Product Portfolio
5.3.2.3 Target Customers/End Users
5.3.2.4 Key Personnel
5.3.2.5 Analyst View
5.3.3 Lummus Technology
5.3.3.1 Overview
5.3.3.2 Top Products/Product Portfolio
5.3.3.3 Target Customers/End Users
5.3.3.4 Key Personnel
5.3.3.5 Analyst View
5.3.4 Linde PLC
5.3.4.1 Overview
5.3.4.2 Top Products/Product Portfolio
5.3.4.3 Target Customers/End Users
5.3.4.4 Key Personnel
5.3.4.5 Analyst View
5.3.5 Coolbrook Technologies Ltd.
5.3.5.1 Overview
5.3.5.2 Top Products/Product Portfolio
5.3.5.3 Target Customers/End Users
5.3.5.4 Key Personnel
5.3.5.5 Analyst View
5.4 Company Profiles (Companies Installing Furnace)
5.4.1 LyondellBasell Industries
5.4.1.1 Overview
5.4.1.2 Top Products/Product Portfolio
5.4.1.3 Target Customers/End Users
5.4.1.4 Key Personnel
5.4.1.5 Analyst View
5.4.2 Chevron Phillips Chemical Company LLC.
5.4.2.1 Overview
5.4.2.2 Top Products/Product Portfolio
5.4.2.3 Target Customers/End Users
5.4.2.4 Key Personnel
5.4.2.5 Analyst View
5.4.3 Dow
5.4.3.1 Overview
5.4.3.2 Top Products/Product Portfolio
5.4.3.3 Target Customers/End Users
5.4.3.4 Key Personnel
5.4.3.5 Analyst View
5.4.4 BASF
5.4.4.1 Overview
5.4.4.2 Top Products/Product Portfolio
5.4.4.3 Target Customers/End Users
5.4.4.4 Key Personnel
5.4.4.5 Analyst View
5.4.5 SABIC
5.4.5.1 Overview
5.4.5.2 Top Products/Product Portfolio
5.4.5.3 Target Customers/End Users
5.4.5.4 Key Personnel
5.4.5.5 Analyst View
5.4.6 Repsol
5.4.6.1 Overview
5.4.6.2 Top Products/Product Portfolio
5.4.6.3 Target Customers/End Users
5.4.6.4 Key Personnel
5.4.6.5 Analyst View
5.4.7 BP p.l.c.
5.4.7.1 Overview
5.4.7.2 Top Products/Product Portfolio
5.4.7.3 Target Customers/End Users
5.4.7.4 Key Personnel
5.4.7.5 Analyst View
5.4.8 TotalEnergies
5.4.8.1 Overview
5.4.8.2 Top Products/Product Portfolio
5.4.8.3 Target Customers/End Users
5.4.8.4 Key Personnel
5.4.8.5 Analyst View
5.4.9 Versalis S.p.A.
5.4.9.1 Overview
5.4.9.2 Top Products/Product Portfolio
5.4.9.3 Target Customers/End Users
5.4.9.4 Key Personnel
5.4.9.5 Analyst View
5.5 Company Profiles (Possible Companies)
5.5.1 Borealis AG.
5.5.1.1 Overview
5.5.1.2 Top Products/Product Portfolio
5.5.1.3 Target Customers/End Users
5.5.1.4 Key Personnel
5.5.1.5 Analyst View
5.5.2 Shell
5.5.2.1 Overview
5.5.2.2 Top Products/Product Portfolio
5.5.2.3 Target Customers/End Users
5.5.2.4 Key Personnel
5.5.2.5 Analyst View
5.6 Research Institutes
5.6.1 ISPT
5.6.1.1 Overview
5.6.1.2 Ongoing Programs
5.6.1.3 Ongoing Projects
5.6.2 ISC3
5.6.2.1 Overview
5.6.2.2 Ongoing Project
5.6.3 TNO
5.6.3.1 Overview
5.6.3.2 Ongoing Projects

6 Research Methodology
6.1 Data Sources
6.1.1 Primary Data Sources
6.1.2 Secondary Data Sources
6.1.3 Data Triangulation
6.2 Market Estimation and Forecast
6.2.1 Assumptions and Limitations

List of Figures
Figure 1: Electric Steam Cracker Market (by Scenario), Million Tons, 2025, 2030, 2035, and 2040
Figure 2: Electric Steam Cracker Market (by Region), Million Tons, 2025, 2030, 2035, and 2040
Figure 3: Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025, 2030, 2035, and 2040
Figure 4: Electric Steam Cracker Market (by End-Product), Million Tons, 2025, 2030, 2035, and 2040
Figure 5: Key Events
Figure 6: Patent Analysis (by Country), January 2021-July 2024
Figure 7: Patent Analysis (by Company), January 2021-July 2024
Figure 8: Impact Analysis of Market Navigating Factors, 2025-2040
Figure 9: Growth in Regional Petrochemicals Capacity, 2019-2024
Figure 10: Renewable Energy Production by Region, TWh, 2015-2022
Figure 11: Renewable Energy Production by Source, TWh, 2015-2022
Figure 12: Wind Energy Production by Region, TWh, 2015-2022
Figure 13: Solar Energy Production by Region, TWh, 2015-2022
Figure 14: Weighted Average Levelized Cost of Electricity (LCOE) for Onshore Wind by Country, $/kWh, 2020-2023
Figure 15: Estimated Steam Cracker capacity, by Region Million Tons, 2025, 2030, 2035, and 2040
Figure 16: Average Age of Cracker by Key Economies, Years, 2023
Figure 17: Global Olefins Market Demand Outlook, Million Tons, 2020-2030
Figure 18: Global Aromatics Market Demand Outlook, Million Tons, 2020-2030
Figure 19: Global CO2 Emissions from Fossil Fuels, Billion Tons, 2019-2022
Figure 20: Global Plastic Production, Million Tons, 2020-2023
Figure 21: U.S. Electric Steam Cracker Market (Minimum and Maximum), Million Tons, 2025-2040
Figure 22: U.S. Conventional and Solar Electricity Prices, $/kWh, 2019-2023
Figure 23: Rest-of-North America Electric Steam Cracker Market (Minimum and Maximum), Million Tons, 2025-2040
Figure 24: Germany Electric Steam Cracker Market (Minimum and Maximum), Million Tons, 2025-2040
Figure 25: Germany Conventional and Solar Electricity Prices, $/kWh, 2019-2023
Figure 26: France Electric Steam Cracker Market (Minimum and Maximum), Million Tons, 2025-2040
Figure 27: France Conventional and Solar Electricity Prices, $/kWh, 2019-2023
Figure 28: Netherlands Electric Steam Cracker Market (Minimum and Maximum), Million Tons, 2025-2040
Figure 29: Netherlands Conventional and Solar Electricity Prices, $/kWh, 2019-2023
Figure 30: Rest-of-Europe Electric Steam Cracker Market (Minimum and Maximum), Million Tons, 2025-2040
Figure 31: China Electric Steam Cracker Market (Minimum and Maximum), Million Tons, 2025-2040
Figure 32: China Conventional and Solar Electricity Prices, $/kWh, 2019-2023
Figure 33: Japan Electric Steam Cracker Market (Minimum and Maximum), Million Tons, 2025-2040
Figure 34: Japan Conventional and Solar Electricity Prices, $/kWh, 2019-2023
Figure 35: Rest-of-Asia-Pacific Electric Steam Cracker Market (Minimum and Maximum), Million Tons, 2025-2040
Figure 36: Middle East and Africa Electric Steam Cracker Market (Minimum and Maximum), Million Tons, 2025-2040
Figure 37: Data Triangulation
Figure 38: Top-Down and Bottom-Up Approach
Figure 39: Assumptions and Limitations

List of Tables
Table 1: Market Snapshot
Table 2: Opportunities across Region
Table 3: Competitive Landscape Snapshot
Table 4: Trends: Overview
Table 5: Comparative Analysis of ImProof and Cracker of the Future:
Table 6: Global Research Initiatives
Table 7: Regulatory Landscape for Global Electric Steam Cracker Market
Table 8: Emission Targets Adopted in Different Regions
Table 9: Economic Parameters for Conventional and Electrified Cracker Plants
Table 10: Comparison of CO2 Emissions in Conventional vs. Electric Steam Crackers
Table 11: Cost Structure Analysis for Conventional and Electrified Cracker End-Product
Table 12: Summarized Difference between the End-Products of Electric Steam Cracker.
Table 13: Global Electric Steam Cracker Market (by Region), Million Tons, 2025-2040
Table 14: North America Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025-2040
Table 15: North America Electric Steam Cracker Market (by End-Product), Million Tons, 2025-2040
Table 16: U.S. Ethylene Imports and Exports, Kilo Tons and $Million, 2023 and 2022
Table 17: U.S. Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025-2040
Table 18: U.S. Electric Steam Cracker Market (by End-Product), Million Tons, 2025-2040
Table 19: Rest-of-North America Ethylene Imports and Exports, Kilo Tons and $Million, 2023 and 2022
Table 20: Rest-of-North America Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025-2040
Table 21: Rest-of-North America Electric Steam Cracker Market (by End-Product), Million Tons, 2025-2040
Table 22: Europe Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025-2040
Table 23: Europe Electric Steam Cracker Market (by End-Product), Million Tons, 2025-2040
Table 24: Germany Ethylene Imports and Exports, Kilo Tons and $Million, 2023 and 2022
Table 25: Germany Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025-2040
Table 26: Germany Electric Steam Cracker Market (by End-Product), Million Tons, 2025-2040
Table 27: France Ethylene Imports and Exports, Kilo Tons and $Million, 2023 and 2022
Table 28: France Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025-2040
Table 29: France Electric Steam Cracker Market (by End-Product), Million Tons, 2025-2040
Table 30: Netherlands Ethylene Imports and Exports, Kilo Tons and $Million, 2023 and 2022
Table 31: Netherlands Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025-2040
Table 32: Netherlands Electric Steam Cracker Market (by End-Product), Million Tons, 2025-2040
Table 33: Key Countries in Rest-of-Europe Ethylene Imports and Exports, Kilo Tons and $Million, 2023 and 2022
Table 34: Rest-of-Europe Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025-2040
Table 35: Rest-of-Europe Electric Steam Cracker Market (by End-Product), Million Tons, 2025-2040
Table 36: Asia-Pacific Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025-2040
Table 37: Asia-Pacific Electric Steam Cracker Market (by End-Product), Million Tons, 2025-2040
Table 38: China Ethylene Imports and Exports, Kilo Tons and $Million, 2023 and 2022
Table 39: China Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025-2040
Table 40: China Electric Steam Cracker Market (by End-Product), Million Tons, 2025-2040
Table 41: Japan Ethylene Imports and Exports, Kilo Tons and $Million, 2023 and 2022
Table 42: Japan Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025-2040
Table 43: Japan Electric Steam Cracker Market (by End-Product), Million Tons, 2025-2040
Table 44: Key Countries in Rest-of-Asia-Pacific Ethylene Imports and Exports, Kilo Tons and $Million, 2023 and 2022
Table 45: Rest-of-Asia-Pacific Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025-2040
Table 46: Rest-of-Asia-Pacific Electric Steam Cracker Market (by End-Product), Million Tons, 2025-2040
Table 47: Rest-of-the-World Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025-2040
Table 48: Rest-of-the-World Electric Steam Cracker Market (by End-Product), Million Tons, 2025-2040
Table 49: Key Countries in Middle East and Africa Ethylene Imports and Exports, Kilo Tons and $Million, 2023 and 2022
Table 50: Middle East and Africa Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025-2040
Table 51: Middle East and Africa Electric Steam Cracker Market (by End-Product), Million Tons, 2025-2040