Table of Content


Executive Summary
Scope and Definition

1 Markets
1.1 Europe 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 Regions
2.1 Electric Steam Cracker Market (by Region)
2.2 Europe
2.2.1 Regional Overview
2.2.2 Driving Factors for Market Growth
2.2.3 Factors Challenging the Market
2.2.4 Application
2.2.5 Product
2.2.6 Europe (by Country)
2.2.6.1 Germany
2.2.6.2 France
2.2.6.3 Netherlands
2.2.6.4 Rest-of-Europe

3 Company Profile
3.1 Next Frontiers
3.2 Geographic Assessment
3.3 Company Profiles (Designing and EPC Companies)
3.3.1 Technip Energies N.V.
3.3.1.1 Overview
3.3.1.2 Top Products/Product Portfolio
3.3.1.3 Target Customers/End Users
3.3.1.4 Key Personnel
3.3.1.5 Analyst View
3.3.2 Linde PLC
3.3.2.1 Overview
3.3.2.2 Top Products/Product Portfolio
3.3.2.3 Target Customers/End Users
3.3.2.4 Key Personnel
3.3.2.5 Analyst View
3.3.3 Coolbrook Technologies Ltd.
3.3.3.1 Overview
3.3.3.2 Top Products/Product Portfolio
3.3.3.3 Target Customers/End Users
3.3.3.4 Key Personnel
3.3.3.5 Analyst View
3.4 Company Profiles (Companies Installing Furnace)
3.4.1 BASF
3.4.1.1 Overview
3.4.1.2 Top Products/Product Portfolio
3.4.1.3 Target Customers/End Users
3.4.1.4 Key Personnel
3.4.1.5 Analyst View
3.4.2 Repsol
3.4.2.1 Overview
3.4.2.2 Top Products/Product Portfolio
3.4.2.3 Target Customers/End Users
3.4.2.4 Key Personnel
3.4.2.5 Analyst View
3.4.3 BP p.l.c.
3.4.3.1 Overview
3.4.3.2 Top Products/Product Portfolio
3.4.3.3 Target Customers/End Users
3.4.3.4 Key Personnel
3.4.3.5 Analyst View
3.4.4 TotalEnergies
3.4.4.1 Overview
3.4.4.2 Top Products/Product Portfolio
3.4.4.3 Target Customers/End Users
3.4.4.4 Key Personnel
3.4.4.5 Analyst View
3.4.5 Versalis S.p.A.
3.4.5.1 Overview
3.4.5.2 Top Products/Product Portfolio
3.4.5.3 Target Customers/End Users
3.4.5.4 Key Personnel
3.4.5.5 Analyst View
3.5 Company Profiles (Possible Companies)
3.5.1 Shell
3.5.1.1 Overview
3.5.1.2 Top Products/Product Portfolio
3.5.1.3 Target Customers/End Users
3.5.1.4 Key Personnel
3.5.1.5 Analyst View
3.6 Research Institutes
3.6.1 ISPT
3.6.1.1 Overview
3.6.1.2 Ongoing Programs
3.6.1.3 Ongoing Projects
3.6.2 ISC3
3.6.2.1 Overview
3.6.2.2 Ongoing Project
3.6.3 TNO
3.6.3.1 Overview
3.6.3.2 Ongoing Projects

4 Research Methodology
4.1 Data Sources
4.1.1 Primary Data Sources
4.1.2 Secondary Data Sources
4.1.3 Data Triangulation
4.2 Market Estimation and Forecast
4.2.1 Assumptions and Limitations

List of Figures
Figure 1: Europe Electric Steam Cracker Market, Million Tons, 2025, 2030, 2035, and 2040
Figure 2: Electric Steam Cracker Market (by Region), Million Tons, 2025, 2030, 2035, and 2040
Figure 3: Europe Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025, 2030, 2035, and 2040
Figure 4: Europe 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: Renewable Energy Production by Region, TWh, 2015-2022
Figure 10: Renewable Energy Production by Source, TWh, 2015-2022
Figure 11: Wind Energy Production by Region, TWh, 2015-2022
Figure 12: Solar Energy Production by Region, TWh, 2015-2022
Figure 13: Weighted Average Levelized Cost of Electricity (LCOE) for Onshore Wind by Country, $/kWh, 2020-2023
Figure 14: Estimated Steam Cracker capacity, by Region Million Tons, 2025, 2030, 2035, and 2040
Figure 15: Average Age of Cracker by Key Economies, Years, 2023
Figure 16: Global Olefins Market Demand Outlook, Million Tons, 2020-2030
Figure 17: Global Aromatics Market Demand Outlook, Million Tons, 2020-2030
Figure 18: Germany Electric Steam Cracker Market (Minimum and Maximum), Million Tons, 2025-2040
Figure 19: Germany Conventional and Solar Electricity Prices, $/kWh, 2019-2023
Figure 20: France Electric Steam Cracker Market (Minimum and Maximum), Million Tons, 2025-2040
Figure 21: France Conventional and Solar Electricity Prices, $/kWh, 2019-2023
Figure 22: Netherlands Electric Steam Cracker Market (Minimum and Maximum), Million Tons, 2025-2040
Figure 23: Netherlands Conventional and Solar Electricity Prices, $/kWh, 2019-2023
Figure 24: Rest-of-Europe Electric Steam Cracker Market (Minimum and Maximum), Million Tons, 2025-2040
Figure 25: Data Triangulation
Figure 26: Top-Down and Bottom-Up Approach
Figure 27: 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 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: Electric Steam Cracker Market (by Region), Million Tons, 2025-2040
Table 13: Europe Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025-2040
Table 14: Europe Electric Steam Cracker Market (by End-Product), Million Tons, 2025-2040
Table 15: Germany Ethylene Imports and Exports, Kilo Tons and $Million, 2023 and 2022
Table 16: Germany Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025-2040
Table 17: Germany Electric Steam Cracker Market (by End-Product), Million Tons, 2025-2040
Table 18: France Ethylene Imports and Exports, Kilo Tons and $Million, 2023 and 2022
Table 19: France Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025-2040
Table 20: France Electric Steam Cracker Market (by End-Product), Million Tons, 2025-2040
Table 21: Netherlands Ethylene Imports and Exports, Kilo Tons and $Million, 2023 and 2022
Table 22: Netherlands Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025-2040
Table 23: Netherlands Electric Steam Cracker Market (by End-Product), Million Tons, 2025-2040
Table 24: Key Countries in Rest-of-Europe Ethylene Imports and Exports, Kilo Tons and $Million, 2023 and 2022
Table 25: Rest-of-Europe Electric Steam Cracker Market (by End-Use Industry), Million Tons, 2025-2040
Table 26: Rest-of-Europe Electric Steam Cracker Market (by End-Product), Million Tons, 2025-2040