Lucintel Forecasts Polyethylene Market To Reach $72.8 Billion By 2027

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According to the recent study the Polyethylene Market is projected to reach an estimated $72.8 billion by 2027 from $55.4 billion in 2021, at a CAGR of 6.2% from 2021 to 2027. Growth in this market is primarily driven by growing demand for bio-based polyethylene products and growing residential and non-residential construction activities.
Browse 107 figures / charts and 68 tables in this 205 -page report to understand trends, opportunities and forecast in polyethylene market by type (HDPE, LDPE, and LLDPE), end use (packaging, consumer goods, automotive, healthcare, electronics, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Construction market is expected to remain the largest segment during the forecast period.”
Based on end use, the polyethylene market is segmented into packaging, consumer goods, automotive, healthcare, electronics, construction, and others. Lucintel forecasts that the construction market is expected to remain the largest ...
... segment due to growing number of real estate projects in the developing nations and growing usage of the polyethylene for protecting the construction equipment and materials from moisture and water.
“Within the polyethylene market, the HDPE polyethylene segment is expected to remain the largest type.”
Based on type the HDPE polyethylene segment is expected to witness the highest growth over the forecast period due to increased usage of the HDPE in the packaging industry owing to the low production cost, higher temperature resistance, and higher density and strength.
“Asia pacific will dominate the polyethylene market in near future.”
Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to presence of huge consumer base for numerous industries and the rapid industrialization and rapid urbanization of the region.
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Major players of polyethylene market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. LyondellBasell, ExxonMobill, China National Petroleum Corp, INEOS, SABIC are among the major polyethylene providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/polyethylene-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
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Email: brandon.fitzgerald@lucintel.com
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