Polyethylene Market to Observe Highest Growth of USD 1.69 Billion with Excellent CAGR of 5.29% by 2029, Size, Share, Growth Prospect, Trends And Demand Outlook
DENVER, Oct. 4, 2022 /PRNewswire/ -- Data Bridge Market Research has recently published a Report, titled, "Global Polyethylene Market" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. To achieve noteworthy business growth and maximum return on investment (ROI), adopting the best Polyethylene Market research report is accurately beneficial. The report comprises of most-detailed market segmentation, systematic analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. This market report has been framed by taking into account several factors of the present and upcoming market scenario. Statistical and numerical data covered in the credible Polyethylene Market report is represented using graphs and tables which simplify the understanding of facts and figures.
Data Bridge Market Research analyses that the polyethylene market was valued at USD 1.12 billion in 2021 and is expected to reach USD 1.69 billion by 2029, registering a CAGR of 5.29 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Request to Download Sample Report Along with Graphs, Charts & Figures @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-polyethylene-market
Polyethylene is also known as polyethen or polythene which is one of the generally used plastics in the globe. Polyethylene generally have a linear structure which is known to be addition polymers. The common formula of polyethylene can be written as (C2H4)n. Most types of polyethylene are thermoplastic which can be remolded by heating. However, some reformed polyethylene plastics exhibit thermosetting characteristics. Polyethylene is often used to make containers, plastic bags, bottles, plastic films, and geomembranes.
Polyethylene is an important member of the family of polyolefin resins. It is the most commonly used plastic in the globe, being made into products which is ranging from shopping bags and clear food wrap to detergent bottles and automobile fuel tanks. Polyethylene is available in variety of forms and can be used for the production of different type of products such as plastic films, plastic containers and plastic bags as they can be easily remoulded after being smelted into liquid. While having several uses, polyethylene is considered as a harmful material for the environment. The consumption and sales of polyethylene depends on numerous factors such as trends in the demand for different products which has manufactured by using polyethylene, the government policies and environmental concerns and the wide growth in the global population is anticipated to bode well for the growth of the polyethylene market.
Recent Development
- In November 2021, NOVA Chemicals Corporation and Charter Next Generation had announced a substantial landmark in the large-scale use of post-consumer resin (PCR) for elastic film applications. Both the companies have efficiently cooperated to develop a circular economy where valued plastic materials are recycled to be used again and again and increase the supply of more sustainable products for packaging.
- In December 2020, A new chemical process established at the University of California, Berkeley which can convert polyethylene plastic into a valuable and strong adhesive.
Some of the major players operating in the polyethylene market are:
- DuPont (U.S.)
- B.P. p.l.c (U.K.)
- TotalEnergies (France)
- Hanwha Group (South Korea)
- Ducor Petrochemicals (Netherlands)
- Borealis AG (Austria)
- MOL GROUP (Hungary)
- Reliance Industries Limited (India)
- Borouge (UAE)
- china petrochemical corporation (China)
- Formosa plastics corporation (Taiwan)
- Petronas chemicals group Berhad (Malaysia)
- Mitsui chemicals inc. (Japan)
- Exxon Mobil Corporation (U.S.)
- LyondellBasell Industries Holdings B.V. (Netherlands)
- Sumitomo chemical co. ltd (Japan)
- SABIC (Saudi Arabia)
- INEOS (U.K.)
- Sasol (South Africa)
- Chevron Phillips chemical company LLC (U.S.)
To Access Full Research Report, Visit @ https://www.databridgemarketresearch.com/checkout/buy/enterprise/global-polyethylene-market
The investment made in the study would provide you access to information such as:
- Polyethylene Market [Global – Broken-down into regions]
- Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
- Country wise Market Size Split [of important countries with major market share]
- Market Share and Revenue/Sales by leading players
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter's Five Forces, etc.
- Market Size
- Market Size by application/industry verticals
- Market Projections/Forecast
Opportunities
- Increasing number of developing strategies by the market players
The polyethylene research is fragmented, with several market players present. The major market players are constantly pursuing a variety of development strategies in order to gain a competitive advantage, gain market share, and capitalise on market opportunities. For example, in May 2020, UPM Raflatac launched a new line of Forest Film products made from post-consumer recycled plastics and used in product packaging
Also, the development of new products and Advancements in technology are also contributing to revenue growth of the market and further boost beneficial opportunities for the growth of the polyethylene market
Market Drivers
- Rising demand in packaging sector
There are numerous packaging options available on the market, but polyethylene is one of the most commonly used. It is the most durable plastic available today due to its unique properties such as chemically resistant and low cost. The rising demand of polyethylene for packaging products in the packaging industry is expected to drive the market growth rate.
- Increase the demand for bio based products
The world is moving towards achieving sustainability by decreasing carbon footprints. The rising initiatives of the governments and various corporates in different economies are expected to significantly drive the demands for the bio-based polyethylene products. Furthermore, the major market players are shifting their focus towards the development and manufacturing of bio-based polyethylene which are the major reason for the rising demand of the polyethylene market
- Rising demand of High-performance polyethylene
High-performance polyethylene (HPPE) possesses numerous advantageous properties such as high impact strength and high resistance to strong organic solvents like acids and bases. Because of its low coefficient of friction, high-performance polyethylene is used in a variety of applications, including metal protection, pharmaceutical applications, lubrication of machinery in the food and beverage industry, and others. High-performance polyethylene is expected to drive the demand of polyethylene in the market during forecast period
Opportunities
- Increasing number of developing strategies by the market players
The polyethylene market is fragmented, with several market players present. The major market players are constantly pursuing a variety of development strategies in order to gain a competitive advantage, gain market share, and capitalise on market opportunities. For example, in May 2020, UPM Raflatac launched a new line of Forest Film products made from post-consumer recycled plastics and used in product packaging.
Also, the development of new products and Advancements in technology are also contributing to revenue growth of the market and further boost beneficial opportunities for the growth of the polyethylene market
Know More about This Report @ https://www.databridgemarketresearch.com/reports/global-polyethylene-market
Key Market Segmentation: Polyethylene Market
The polyethylene Industry is segmented on the basis of products type, technology and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Low-Density Polyethylene (LDPE)
- Medium-Density Polyethylene (MDPE)
- High-Density Polyethylene (HDPE)
Technology
- Films and Sheets Extrusion
- Injection Molding
- Blow Molding
- Infrastructure
- Lifestyle
- Others
End User
- Packaging
- Construction
- Automotive
- Electrical and Electronics
- Household Appliances
- Consumer Goods
- Agriculture
- Pharmaceuticals
- Others
Scope of this Report:
- This report segments the Polyethylene Market comprehensively and provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.
- The report helps stakeholders understand the pulse of the Polyethylene Market research and provides them with information on key market drivers, restraints, challenges, and opportunities.
- This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement, and acquisitions.
Table of Content:
Section 01: executive summary
Section 02: scope of the report
Section 03: research methodology
Section 04: introduction
Section 05: market landscape
Section 06: market sizing
Section 07: five forces analysis
Section 08: market segmentation by product Type
Section 09: market segmentation by Application
Section 10: customer landscape
Section 11: market segmentation by end-user
Section 12: regional landscape
Section 13: decision framework
Section 14: drivers and challenges
Section 15: market trends
Section 16: competitive landscape
Section 17: company profiles
Section 18: appendix
To check the complete Table of Content, Click here @ https://www.databridgemarketresearch.com/toc/?dbmr=global-polyethylene-market
Influence of the Polyethylene Market report:
- Comprehensive assessment of all opportunities and risks in the Polyethylene Market
- Polyethylene Market recent innovations and major events
- A Detailed study of business strategies for the growth of the Polyethylene Market-leading players
- Conclusive study about the growth plot of Polyethylene Market for forthcoming years
- In-depth understanding of Polyethylene Market -particular drivers, constraints and major micro markets
- Favorable impression inside vital technological and market latest trends striking the Polyethylene Market
Explore More Reports:-
Polyethylene (PE) Foams Market, By Type (XLPE Foam, Non XLPE Foam), Product Type (Ethafoam Synergy Fine Cell Polyethylene Foams, Flame-Resistant Polyethylene Foams, Medium and High Density Foams, Military Grade and Recycled Content Foam), Density (Low Density Polyethylene (LDPE) Foam, High Density Polyethylene (LDPE) Foam), End Use Application (Protective Packaging, Automotive, Void Fill, Agriculture, Archery, Building and Construction, Medical, Foot Wear, Sports and Recreational, Military, Blocking and Bracing, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-polyethylene-pe-foams-market
Polyethylene Pipes Market, By Type (High Density Polyethylene (HDPE), Cross Link Polyethylene, Low Density Polyethylene (LDPE), Linear Low Density Polyethylene (LLDPE)), Application (Underwater and Municipal, Gas Extraction, Construction, Industrial, Agriculture, Others) https://www.databridgemarketresearch.com/reports/global-polyethylene-pipes-market
Metallocene Polyethylene Market, By Type (Metallocene Linear Low-Density Polyethylene (mLLDPE), Metallocene Low-Density Polyethylene (mLDPE), Metallocene High-Density Polyethylene (mHDPE), Metallocene Medium-Density Polyethylene (mMDPE), Others), Catalyst Type (Zirconocenes, Ferrocene, Titanocene, Others), Sales Channel (Direct Channel, Distribution Channel), Application (Films, Sheets, Injection Molding, Extrusion Coating, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-metallocene-polyethylene-market
Polyethylene Wax Market, By Type (Low Density Polyethylene Wax, High Density Polyethylene Wax, Oxidized Polyethylene Wax, Micronized Polyethylene Wax, Others), Process (Polymerization Type, Modified Type, Thermally Cracking Type, Others), Form (Powder, Granules, Flakes, Pastilles, Micronized Waxes, Aqueous Wax Emulsions), Grade (Emulsifiable, Non-Emulsifiable), Production Process (High-Pressure Polymerization, Synthesis By The Ziegler-Natta Method, Thermal Degradation Process of Polyethylene, Oxidation of Synthetic Waxes, Walter-Reppe Synthesis, Metallocene Process, Others), Application (Plastic Processing, Hot-melt Adhesive, Ink and Coating, Others) https://www.databridgemarketresearch.com/reports/global-polyethylene-wax-market
Polyethylene Glycol Market, By Grade (Polyethylene Glycol 200, Polyethylene Glycol 300, Polyethylene Glycol 400, Polyethylene Glycol 400 FCC Grade, Polyethylene Glycol 3350, Polyethylene Glycol 4000, Polyethylene Glycol 6000, Others), Form (Opaque Liquid, White Waxy Solid, Flakes/ Powder), Application (Healthcare, Building and Construction, Industrial, Cosmetics/Personal Care, Others) https://www.databridgemarketresearch.com/reports/global-polyethylene-glycol-market
North America Polyethylene Glycol Market, By Grade (Polyethylene Glycol 200, Polyethylene Glycol 300, Polyethylene Glycol 400, Polyethylene Glycol 400, FCC Grade, Polyethylene Glycol 3350, Polyethylene Glycol 4000, Polyethylene Glycol 6000 and Others), Form (Opaque Liquid, White Waxy Solid and Flakes/Powder), Application (Healthcare, Building And Construction, Industrial, Cosmetics/Personal Care and Others), Country (U.S., Canada and Mexico) https://www.databridgemarketresearch.com/reports/north-america-polyethylene-glycol-market
Polyethylene Terephthalate (PET) Market, By Product Type (Bottles, Films and Sheets, Cups, Cans, Pouches, Others), End- User Industry (Food & Beverage, Automotive, Electrical & Electronics, Healthcare, Consumer Goods, Others), Application (Beverages, Sheets & Films, Consumer Goods, Food Packaging, Others), Material (Glass, Plastics, Metal, Paperboard, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-polyethylene-terephthalate-pet-market
High Density Polyethylene (HDPE) Resins Market, By Type (Adhesive Type HDPE Resin, Coating Type HDPE Resin), Application (Film and Sheet, Injection Molding, Blow Molding, Pipe and Profile, Wire and Cables, Others), End User (Packaging, Agriculture, Building and Construction, Personal Care, Household, Industrial Containers and Bottles, Automotive, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-high-density-polyethylene-hdpe-resins-market
Polyethylene Homopolymer Waxes Market, By Type (High Density Polyethylene Wax, Low Density Polyethylene Wax, Oxidized Polyethylene Wax, Micronized Polyethylene Wax, Acid-Modified Polyethylene Wax, Others), End- Use Industry (Plastic Industries, Paint Industries, Textile Industries, Printing Inks, Pulp & Paper Industries, Other), Application (Plastic, Paints, Packaging, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-polyethylene-homopolymer-waxes-market
Polyethylene Terephthalate (PET) Resins Market, By Product Type (Bottles, Films and Sheets, Cups, Cans, Pouches, Others), End- User Industry (Food & Beverage, Automotive, Electrical & Electronics, Healthcare, Consumer Goods, Others), Application (Beverages, Sheets & Films, Consumer Goods, Food Packaging, Others), Material (Glass, Plastics, Metal, Paperboard, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-polyethylene-terephthalate-pet-resins-market
About Data Bridge Market Research:
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
Contact Us:-
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email:- [email protected]
Logo: https://mma.prnewswire.com/media/1011053/Data_Bridge_Market_Research_Logo.jpg
SOURCE Data Bridge Market Research
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article