Market Research Report
Global Polyethylene Market (HDPE, LDPE & LLDPE): Insights & Forecast with Potential Impact of COVID-19 (2020-2024)
|Published by||Koncept Analytics||Product code||1003631|
|Published||Content info||170 Pages
Delivery time: 1-2 business days
|Global Polyethylene Market (HDPE, LDPE & LLDPE): Insights & Forecast with Potential Impact of COVID-19 (2020-2024)|
|Published: April 29, 2021||Content info: 170 Pages||
The global polyethylene market inclined to US$169.27 billion in 2025, growing at a CAGR of 4.87% during the period spanning 2021-2025. The market experienced growth accruing to several factors such as upsurge in e-commerce sales, growing demand for plastic bags & sacks and increasing demand for packaged food. Growing cultivation of cannabis and increasing demand for plastic films is expected to act as a major key trend for the market. However, fluctuating crude oil prices and degrading impact of polyethylene on environment are likely to impose certain challenges on the global polyethylene market.
The global polyethylene market by product density can be segmented as follows: high density polyethylene (HDPE), low density polyethylene (LDPE) and linear low density polyethylene (LLDPE). In 2020, the dominant share of the market was held by high density polyethylene, followed by low density polyethylene. The global polyethylene market by application can be segmented into the following seven segments: packaging, infrastructure & construction, consumer goods /lifestyle, electrical & electronics, automotive, agriculture and healthcare & pharmaceuticals. In 2020, the highest share of the market was held by packaging segment, followed by infrastructure & construction and consumer goods/lifestyle segment.
The global polyethylene market by region can be segmented as follows: Asia Pacific, North America and Europe. The dominant share of the market in 2020 was procured by Asia Pacific. This was followed by North America and Europe.
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