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Market Dynamics
Factors such as growing sectoral demand for use of polyethylene products, increasing global plastic recycling activities will be crucial in driving the growth of the market. But the volatility in raw material prices and regulatory frameworks governing the consumption of plastic bags is expected to reduce the growth potential in the market.
Company Profiles
Some of the companies covered in this report are BASF SE, Borealis AG, China National Petroleum Corp., China Petrochemical Corp., Dow Inc., Exxon Mobil Corp., Formosa Plastics Corp., INEOS Group Holdings SA, Saudi Basic Industries Corp., and Sumitomo Chemical Co. Ltd.
Competitive Analysis
The competitive scenario provided in the polyethylene market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.
Market Segmentation
- By Type, the market is classified into HDPE, LDPE, and LLDPE. The HDPE segment accounted for the largest share of the market in 2020. The market growth in the segment will be significant during the forecast period.
- By Geography, the market is classified as APAC, North America, Europe, South America, and MEA. APAC will have the largest share of the market. The region currently holds 47% of the global market share. The increasing demand for polyurethane across aerospace, automotive, wind energy, and construction industries is driving the growth of the polyurethane market in APAC. China, India, and South Korea are the key markets for polyurethane in APAC.
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Polyethylene Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.40% |
Market growth 2021-2025 |
USD 24.80 billion |
Market structure |
Fragmented |
YoY growth (%) |
3.41 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 47% |
Key consumer countries |
China, US, India, Germany, and South Korea (Republic of Korea) |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
BASF SE, Borealis AG, China National Petroleum Corp., China Petrochemical Corp., Dow Inc., Exxon Mobil Corp., Formosa Plastics Corp., INEOS Group Holdings SA, Saudi Basic Industries Corp., and Sumitomo Chemical Co. Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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