Global Polyethylene Market Growth 2019-2024
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.
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On the basis of type, HDPE, LLDPE, LDPE and others, HDPE is the largest segment with around 58.44% production share of the total market in 2015. Meanwhile, the LLDPE is more expensive but excellent protect function, also account for about 37.76% market share in terms of production.
On the basis of geography, the global Polyethylene market is segmented into regions, namely, North America, Europe, Asia and Middle East and other regions. In 2015, Asia and Middle East is the largest as well as the steady growing regional market for Polyethylene and held 50% share in the global market in 2015, followed by North America with the market share of 21.82%. The demand for Polyethylene has been rapid increasing in Europe countries.
The global Polyethylene market comprises numerous players offering broad range of products. Lots of manufactures of Polyethylene offer a wide range of Polyethylene solutions to fit aftermarket requirements. The concentration of the market is very high, among those manufacturers, Exxon Mobil Corporation and Dow Chemical are the two giant players, which together account for over 20% market share in the world. Other key players in the Polyethylene market include LyondellBasell, SABIC, Sinopec Corporation, BP, Ineos, Borealis, Total, Shell, National Iranian Oil Company (NIOC), Ente Nazionale Idrocarburi (ENI), CNPC, etc
According to this study, over the next five years the Polyethylene market will register a 2.6% CAGR in terms of revenue, the global market size will reach US$ 124400 million by 2024, from US$ 106900 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Polyethylene business, shared in Chapter 3.
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.
This study considers the Polyethylene value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Exxon Mobil Corporation
National Iranian Oil Company (NIOC)
Ente Nazionale Idrocarburi (ENI)
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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To study and analyze the global Polyethylene consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Polyethylene market by identifying its various subsegments.
Focuses on the key global Polyethylene manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Polyethylene with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Polyethylene submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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