openPR Logo
Press release

Polyethylene Market Macroeconomic Analysis Includes Product Capacity, Production, and Production Value

01-16-2018 03:25 AM CET | Industry, Real Estate & Construction

Press release from: Market Research Future

Polyethylene Market

Polyethylene Market

Market Research Future Published a Half Cooked Research “Global Polyethylene Market Research Report – Forecast to 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2027.

BASF SE, BP Plc, INEOS, Saudi Basic Industries Corporation, Petronas, China National Petroleum Corporation, China Petroleum & Chemicals Corporation, National Petroleum Company , Polimeri Europa ,Mitsui Chemicals Inc,Exxon Chemicals, Formosa Plastics Limited, Sumitomo Chemicals, DuPont, Chevron Philips, LyondellBasell Industries Ltd., Dow Chemicals Company, NOVA Chemicals, Reliance Industries and Petrobras. are some of the prominent players at the forefront of competition in the Global PolyethyleneMarket and are profiled in MRFR Analysis.

Polyethylene Market – Market Overview
Considered as the largest polymer Polyethylene is widely consumed across an array of industries viz. plastic & packaging, automotive, construction, electrical & electronics, furniture, and consumer goods among others. Primarily, the demand for Polyethylene Market is propelled by the increasing consumption of plastics products across the globe.

Receive a Sample Report upon Request @ https://www.marketresearchfuture.com/sample_request/1056

In terms of supply and demand of raw material used for polyethylene, China holds a significant market share globally. Although China lags in terms of oil & gas reserves, the country is rich in coal. To reduce the dependency on ethylene imports and produce self-sufficient amount of ethylene and ethylene derivatives, China is opting for production of ethylene from coal. China’s coal to olefins is a multi-step process wherein coal is converted to syngas, which is converted to methanol; methanol is thereafter converted to olefins (ethylene and propylene). Ethylene output capacity from various coal to olefins plants in China is estimated to be around 1.6 million tons. Additionally, upcoming naphtha cracker expansions in 2017 and 2018 in China, South Korea and Malaysia is expected to add 1.4 million tons/year of ethylene capacity in the Asia Pacific region. An abundant supply of feedstock i.e. ethane from shale gas in the US has resulted in the major capacity expansion of ethylene in the North America region. For instance, Dow Chemical’s 0.25 million metric tons/year ethylene expansion at its Louisiana operations complex in Plaquemine set for completion by end-2017.However, tomorrow’s demand for ethylene is expected majorly from the emerging markets.

Protuberant factors associated with the growth of Global Polyethylene Market includes the pulsating demand for various type of polyethylene (HDPE, MDPE, LDPE, LLDPE) across an array of industries. Among the various end-use industries, packaging sector accounts for the largest market share in terms of consumption of Polyethylene, which is followed by construction and automotive sector. Regional dynamics include the regained stability of economy in the developed markets such as North America and Europe, which in turn is witnessing increasing construction and growth in manufacturing sector. Whereas, the emerging markets are expected to register significant growth rates in the coming years, owing to the rapid urbanisation and industrialisation in the region. Furthermore, an increasing middle class income and spending on white goods can be further attributed to the market’s growth in emerging markets.

Polyethylene Market – Competitive Analysis
As discussed earlier, the demand for Polyethylene is expected from the emerging economies such as China, India and ASEAN. China is poised to grow at a CAGR of nearly 7 %, whereas, India is expected to grow at a CAGR of nearly 9%. With new avenues for polyethylene the major trend observed among manufacturers are capacity additions.
Foreseeing the demand manufacturers in China are increasing its capacity for ethylene production with major capacity additions ready to commence production in first quarter of 2018, 2019, 2021, 2023. China poised to raise its ethylene capacity by 71%. For instance, CNOOC Limited capacity addition of ethylene which is scheduled to commence production from the 2018Q1.

Similarly, recently merged DowDuPont announced its new integrated world scale ethylene and propylene production facility in Texas. The plant will produce 400,000 MT polyethylene resin for flexible food and industrial packaging applications.

Access Complete Report @ https://www.marketresearchfuture.com/reports/polyethylene-market-1056

Industry/ Innovation/ Related News:
November, 2017- DowDuPont announced its new integrated world scale ethylene and propylene production facility in Texas. The plant will produce 400,000 MT polyethylene resin for flexible food and industrial packaging applications.

October, 2017-, Reliance Industries Ltd., commenced production in new ethane-based polyethylene plant located in Gujarat, India. The plant comprises of 550 ‘000 MT/year LLDPE line and 400 ‘000 MT/year LDPE unit. The company is targeting the African and South Asia market with this strategic expansion.

September, 2016-, GAIL India Ltd., commenced production of polyethylene in its Pata petrochemical in Uttar Pradesh, India. An additional 400,000 tonnes/year increasing the company’s total production capacity to 810,000 tonnes/year. The expansion was in line with the increasing demand for polyethylene from new market avenues.

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Polyethylene Market Macroeconomic Analysis Includes Product Capacity, Production, and Production Value here

News-ID: 900751 • Views:

More Releases from Market Research Future

Procurement Intelligence for Civil Construction Industry in Australia Market Overview and Global Trends 2032
Procurement Intelligence for Civil Construction Industry in Australia Market Ove …
Category Intelligence Insights for the Civil Construction Industry in Australia The civil construction industry in Australia plays a pivotal role in shaping the nation's infrastructure, driving economic growth, and creating employment opportunities. As the industry evolves, understanding the key trends, challenges, and opportunities becomes essential for stakeholders. Here are the latest category intelligence insights for the Australian civil construction sector: Procurement intelligence is a critical enabler of success in the civil construction
Procurement Intelligence for Digital Payment Services Market Poised for Explosive Growth, Reaching USD 726.6 Billion by 2032
Procurement Intelligence for Digital Payment Services Market Poised for Explosiv …
•➤ Procurement Intelligence for Digital Payment Services Market: Comprehensive Insights and Trends The Procurement Intelligence digital payment services market has witnessed unprecedented growth over the past decade, driven by the increasing adoption of cashless transactions, the expansion of e-commerce, and the proliferation of mobile payment solutions. Procurement intelligence plays a pivotal role in optimizing purchasing strategies, enhancing supplier relationships, and ensuring cost efficiency in this dynamic industry. Digital payment services encompass
Oil & Gas Asset Integrity Management Service Market Trends, Growth, and Insights
Oil & Gas Asset Integrity Management Service Market Trends, Growth, and Insights
As per the Market Research Future (MRFR)'s analysis, the Oil And Gas Asset Integrity Management Service Market is Projected to reach a market value of USD 22 billion while flourishing at a CAGR of 5.4% by 2032. The Oil & Gas Asset Integrity Management Service Market plays a critical role in ensuring the safety, reliability, and efficiency of infrastructure and operations in the oil and gas industry. With increasing demand for
Produce Packaging Market is anticipated to exceed USD 52.56 billion by 2032, growing at a CAGR of 4.10%.
Produce Packaging Market is anticipated to exceed USD 52.56 billion by 2032, gro …
Overview of the Produce Packaging Market The produce packaging market plays a crucial role in the fresh food supply chain by ensuring that fruits, vegetables, and other perishable goods are safely transported from farms to consumers. This market is influenced by a combination of consumer trends, environmental concerns, technological innovations, and the rising demand for convenience. As the global population continues to grow, the need for effective and sustainable packaging solutions

All 5 Releases


More Releases for Polyethylene

GLOBAL POLYETHYLENE PIPES MARKET | KEY PLAYERS POLYETHYLENE (HDPE), LOW DENSITY …
Data Bridge market Research has released a new report on Global Polyethylene Pipes Market which incorporates a thorough assessment of overall Global Polyethylene Pipes Market The report provides a detailed competitive analysis which includes the profiles of key market players and organizations and their working strategies. The report consists of essential data and information about the concerned Global Polyethylene Pipes Market. For better understanding complex Global Polyethylene Pipes Market data
Peelable and Resealable Films Market material type Polyethylene terephthalate (P …
High-end Packaging Convenience Propelling the Peelable and Resealable Films Market Keeping perishable goods fresh for an extended period of duration is one of the prime concerns across all major industries. The search for sustainable and user-friendly packing options for the last few decades in the packaging industry have led to a wide range of peelable and resealable film packages. Most of the packages primarily include adhesive tapes and zips. In the
Bulk Liquid Containers Market is Segmented By material Type - Plastic (Polyvinyl …
Global Bulk Liquid Containers Market - Overview: Bulk liquid containers is an industrial grade container mounted on a pallet which is used for the storage and transportation of bulk liquid. Bulk liquid containers also known as tote, are capable of stacking and are moved by using a pallet jack or forklift. Bulk liquid containers can be classified into rigid bulk liquid containers and flexible bulk liquid containers. Rigid Bulk liquid containers
Bulk Liquid Containers Market is Segmented By material Type - Plastic (Polyvinyl …
Global Bulk Liquid Containers Market - Overview: Bulk liquid containers is an industrial grade container mounted on a pallet which is used for the storage and transportation of bulk liquid. Bulk liquid containers also known as tote, are capable of stacking and are moved by using a pallet jack or forklift. Bulk liquid containers can be classified into rigid bulk liquid containers and flexible bulk liquid containers. Rigid Bulk liquid containers
Cross-linked Polyethylene Market
Polyethylene are low cost commodity plastics that can be reused due to its thermoplastic nature. Cross-linking of polyethylene helps enhance its thermal resistance and the end product so obtained is transformed from thermoplastic to thermosetting plastic. Download PDF Brochure : www.coherentmarketinsights.com/insight/request-pdf/329 Plumbing was the largest application segment in the global cross linked polyethylene market in 2016 and is expected to retain its dominance throughout the forecast period. Conventionally used plumbing materials such
Global Plastic Waste to Oil Market: By Types - Polyethylene, Polyethylene Tereph …
Researchmoz added Most up-to-date research on "Global Plastic Waste to Oil Market: By Types - Polyethylene, Polyethylene Terephthalate, Polystyrene & Polyvinyl Chloride" to its huge collection of research reports. This report studies Plastic Waste to Oil in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on