Global Polyethylene Market Growth 2023-2029
Polyethylene (abbreviated PE) or polyethene (IUPAC name polyethene or poly(methylene)) is the most common plastic.
Polyethylene is derived from either modifying natural gas (a methane, ethane, propane mix) or from the catalytic cracking of crude oil into gasoline. In a highly purified form, it is piped directly from the refinery to a separate polymerisation plant. Here, under the right conditions of temperature, pressure and catalysis, the double bond of the ethylene monomer opens up and many monomers link up to form long chains.
LPI (LP Information)' newest research report, the “Polyethylene Industry Forecast” looks at past sales and reviews total world Polyethylene sales in 2022, providing a comprehensive analysis by region and market sector of projected Polyethylene sales for 2023 through 2029. With Polyethylene sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Polyethylene industry.
This Insight Report provides a comprehensive analysis of the global Polyethylene landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Polyethylene portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Polyethylene market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polyethylene and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Polyethylene.
The global Polyethylene market size is projected to grow from US$ 116720 million in 2022 to US$ 139630 million in 2029; it is expected to grow at a CAGR of 139630 from 2023 to 2029.
The major players in global Polyethylene market include Turtle Wax, DowDuPont, Exxon Mobil Corporation, etc. Asia and Middle East are main markets, they occupy about 50% of the global market. HDPE is the main type, with a share about 60%. Packaging is the main application, which holds a share about 75%.
This report presents a comprehensive overview, market shares, and growth opportunities of Polyethylene market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
HDPE
LLDPE
LDPE
Others
Segmentation by application
Packaging
Consumer Goods
Construction Materials
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Turtle Wax
DuPont
Exxon Mobil Corporation
LyondellBasell
SABIC
Sinopec Corporation
BP
Ineos
Borealis
Total
Shell
National Iranian Oil Company (NIOC)
TASCO Group
Ente Nazionale Idrocarburi (ENI)
CNPC
Key Questions Addressed in this Report
What is the 10-year outlook for the global Polyethylene market?
What factors are driving Polyethylene market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Polyethylene market opportunities vary by end market size?
How does Polyethylene break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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