Lucintel Forecasts Polyethylene (pe) Compound Market To Reach $15 Billion By 2030

By Author: Lucintel LLC
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According to the recent study the polyethylene compound market is projected to reach an estimated $15 billion by 2030 from $12 billion in 2023 at a CAGR of 3% from 2023 to 2030. Growth in this market is primarily driven by growing residential and non-residential construction activities, increasing need for rehabilitation of the major water and wastewater infrastructure, and replacement of aging pipelines.
Browse 111 figures/charts and 90 tables in this 222-page report to understand trends, opportunities and forecast in polyethylene compound market by application (pipes & fittings, wires and cables, films and sheets and others), resin type (HDPE, LDPE and ohers) and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that pipes & fittings will remain the largest application segment over the forecast period due to growth in development of water and sewage disposal infrastructure.
HDPE resin type polyethylene compound will remain the largest segment over the forecast period superior toughness, crack resistance, and easy processability properties.
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Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to growth in infrastructure and construction industry and increasing demand of film and packaging products.
Total S.A., SABIC, Lyondell Basell, INEOS, Braskem S.A, Borealis Group, and Roscom Inc. are the major suppliers in the polyethylene compound 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 write us at 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.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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