According to a new market report published by Lucintel, the future in the global polyethylene (PE) compound market is promising with opportunities in the pipe and fitting, wire and cable, film and sheet and others application. The global polyethylene compound market is expected to reach an estimated $10.5 billion by 2023 with a CAGR of 4.8% from 2018 to 2023. The major drivers for this market are growing residential and non-residential construction activities, and replacement of aging pipelines.
Browse 90 market data tables and 111 figures spread through 222 pages and in-depth TOC on “Global Polyethylene Compound Market"
To download report brochure, please go to https://www.lucintel.com/polyethylene-compound-market.aspx and click "report brochure"tab from the menu .
In this market, different types of polyethylene compound such as HDPE, LDPE and Others are used as resin type. On the basis of comprehensive research, Lucintel forecasts that the HDPE is expected to remain the largest segment by value and volume due to superior toughness, crack resistance, and easy processability properties.
Within this market, pipe and fitting is expected to remain the largest application by value and volume due to growth in development of water and sewage disposal infrastructure. Lucintel predicts that the wire and cable application segment will witness the highest growth in the forecast period due to higher electrical and mechanical properties than PVC compound.
Asia Pacific (APAC) is expected to remain the largest region by value and volume and is also expected to experience the highest growth over the forecast period due to growth in infrastructure and construction industry and increasing demand of film and packaging products.
An emerging trend, which has a direct impact on the dynamics of the polyethylene compound industry, includes development of bio based green polyethylene compound. LyondellBasell, Borealis, Spartech, Solvay, Sumitomo Chemical, INEOS, Total S.A, RTP, and SABIC and others are among the major polyethylene compound manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the global polyethylene compound market by application, resin type, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Polyethylene Compound Market 2018-2023: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global polyethylene compound market by application, resin type, and region as follows:
By Application (Volume (Kilo Tons) and $M shipment analysis for 2012 – 2023):
Pipe and Fitting
Potable Water
Wastewater
Agriculture
Chemical
Oil & Gas
Others
Wire and Cable
Telecommunication
Power
Industrial
Construction
Others
Film and sheet
Others
By Resin Type (Volume (Kilo Tons) and $M shipment analysis for 2012 – 2023):
HDPE Resin
LDPE Resin
Others
By Region (Volume (Kilo Tons) and $M shipment analysis for 2012 – 2023):
North America
Europe
Asia Pacific
The Rest of the World
This 222-page 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 click on this link https://www.lucintel.com/polyethylene-compound-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.