LAMEA Polyethylene Market Size, Share & Trends Analysis Report By Type (High-density Polyethylene (HDPE), Low-density Polyethylene (LDPE), and Linear Low-density Polyethylene (LLDPE)), By Application, By End-use, By Country and Growth Forecast, 2024 - 203

LAMEA Polyethylene Market Size, Share & Trends Analysis Report By Type (High-density Polyethylene (HDPE), Low-density Polyethylene (LDPE), and Linear Low-density Polyethylene (LLDPE)), By Application, By End-use, By Country and Growth Forecast, 2024 - 2031

The Latin America, Middle East and Africa Polyethylene Market would witness market growth of 6.4% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 11,727.7 kilo tonnes, showcasing a growth of 4.2% (2024-2031).

Characterized by its relatively low tensile strength and high flexibility, LDPE finds widespread use in various industries, notably in packaging, where its excellent moisture resistance and sealing properties make it ideal for films, bags, and wrapping materials. Thus, the Saudi Arabia market would utilize 434.51 kilo tonnes of Low-density Polyethylene (LDPE) by 2031.

The Brazil market dominated the LAMEA Polyethylene Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,479.6 million by 2031. The Argentina market is registering a CAGR of 7.5% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 6% during (2024 - 2031).

Polyethylene is widely utilized in the construction industry for various applications. HDPE pipes are commonly used for water and gas distribution systems due to their corrosion resistance, flexibility, and long-term durability.

Moreover, polyethylene is employed in insulation materials, roofing membranes, vapor barriers, and waterproofing membranes due to its moisture resistance, thermal insulation properties, and lightweight nature.

The agriculture sector in Peru utilizes polyethylene films for various purposes such as greenhouse covering, mulching, and crop protection. Greenhouse films made from polyethylene help regulate temperature, humidity, and light levels, creating optimal crop growth conditions. Mulching films suppress weed growth, conserve soil moisture, and enhance soil temperature, improving crop yields and quality.

Based on Type, the market is segmented into High-density Polyethylene (HDPE), Low-density Polyethylene (LDPE), and Linear Low-density Polyethylene (LLDPE). Based on Application, the market is segmented into Bottles & Containers, Films & Sheets, Bags & Sacks, Pipes & Fittings and Others. Based on End-use, the market is segmented into Packaging, Construction, Automotive, Agriculture, Consumer Electronics and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

• BASF SE
• SABIC (Saudi Arabian Oil Company)
• Borealis AG (OMV)
• Braskem S.A. (Odebrecht S.A)
• The Dow Chemical Company
• Exxon Mobil Corporation
• Formosa Plastics Group
• INEOS Group Holdings S.A.
• Mitsubishi Chemical Holdings Corporation
• Sinopec Group (China Petrochemical Corporation)

LAMEA Polyethylene Market Report Segmentation

By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• High-density Polyethylene (HDPE)
• Low-density Polyethylene (LDPE)
• Linear Low-density Polyethylene (LLDPE)

By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Bottles & Containers
• Films & Sheets
• Bags & Sacks
• Pipes & Fittings
• Others

By End-Use (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Packaging
• Construction
• Automotive
• Agriculture
• Consumer Electronics
• Others

By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA