In a recent published report, Kenneth Research has updated the market report for Polyethylene Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Polyethylene Market products.
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A report on Polyethylene Market has recently been added into the repository of market research reports of Kenneth Research. The report, which is calculated for the forecast period 2021 2025, provides an in-depth analysis on the opportunities, latest trends, challenges and the growth drivers that are associated with the growth of the market. The market is thriving on account of the growing need for chemicals that are less toxic, backed by the stringent government regulations to regulate chemical pollution. It is estimated that more than 3 million tons of toxic chemicals have been released by industries till date in the year 2021.
On the other hand, it is estimated that every second, around 300kgs of toxic chemicals are released into water, land and air by the industrial facilities. Further, the market is projected to grow on account of the growing trade in chemicals worldwide. The European Union recorded to be the largest exporter of chemical products around the globe in the year 2019. The region was also the second largest importer of chemical products after the United States in the same year. The exports of chemicals in Europe, according to the statistics by Eurostat, grew from USD 323.49 billion in 2010 to USD 504.83 billion in 2020. Moreover, the imports of chemicals in the region grew from USD 205.64 billion in 2010 to USD 285.91 billion in 2020.
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Polyethylene Market. The report analyses the global polyethylene market By Type (HDPE, LDPE, Others), End-User Industry (Packaging, Construction, Automotive, Electronics & Electrical, Household Appliances, Others), By Region (North America, Europe, Asia Pacific and ROW) and By Country (U.S., Canada, Germany, United Kingdom, France, Italy, China, Japan and India). The report assesses the global polyethylene market for the period 2013-2017 and for the forecast period of 2018-2023.
According to Azoth Analytics research report “Global Polyethylene Market: Analysis By Type (HDPE, LDPE, Others), End-User Industry (Packaging, Construction, Automotive, Electronics & Electrical, Household Appliances, Others), By Region, By Country (2018 Edition): Opportunities and Forecast (2013-2023) – By Region (N. America, Europe, APAC, ROW), By Country (U.S., Canada, Germany, UK, France, Italy, China, Japan, India)”, global polyethylene market value is projected to display a steady growth represented by a CAGR of 5.81% during 2018 – 2023.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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The HDPE (High Density Polyethylene), witnessed growth at a noteworthy rate over the past few years and expected to grow in the forecast period with increasing demand of HDPE pipelines in construction sector, for carrying potable water, wastewater, slurries, chemicals, hazardous wastes, and compressed gases. Amongst the region APAC accounts for the largest regional share, by value in global polyethylene market in 2017. Additionally, APAC will remain a growing region in the forecasted period, 2018-2023 as population is increasing along with growing packaging applications. Growing construction sector is also fuelling the polyethylene market.
The report titled “Global Polyethylene Market: Analysis By Type (HDPE, LDPE, Others), End-User Industry (Packaging, Construction, Automotive, Electronics & Electrical, Household Appliances, Others), By Region, By Country (2018 Edition): Opportunities and Forecast (2013-2023) – By Region (N. America, Europe, APAC, ROW), By Country (U.S., Canada, Germany, UK, France, Italy, China, Japan, India)” has covered and analyzed the potential of Global Polyethylene Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global polyethylene market. Additionally, the report also highlights market entry strategies for various companies across the globe.
Scope of the Report
Global Polyethylene Market (Actual Period: 2013-2017, Forecast Period: 2018-2023
• Global Polyethylene Market – By Value, By Volume
• By Type – HDPE, LDPE & Others.
• By Application – Packaging, Construction, Automotive, Electronic & electrical appliances, Household applications and others
Regional Markets – North America, Europe, APAC and Rest of the World (Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Polyethylene Market – By Value, By Volume
• By Type – HDPE, LDPE & Others.
• By Application – Packaging, Construction, Automotive, Electronic & electrical appliances, Household applications and others
Country Analysis U.S., Canada, Germany, United Kingdom, France, Italy, China, Japan and India
• Polyethylene Market – By value
• By Type –HDPE, LDPE & Others
• By Application – Packaging, Construction, Automotive, Electronic & electrical appliances, Household applications and others
Other Report Highlights
• Market Dynamics – Drivers and Restraints
• Market Trends
• Company Analysis – BASF, DowDupont, Lyondell Basell, Exxonmobil, SABIC, INEOS, ENI
Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
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