Asia-Pacific Polyethylene Market is expected to Grow at a CAGR 6.2% by 2025

Posted March 19, 2020 by Steveblade

According to Goldstein Research, Asia-Pacific polyethylene production is expected to reach 70.6 million metric tons by the end of 2025
According to Goldstein Research, Asia-Pacific polyethylene production is expected to reach 70.6 million metric tons by the end of 2025, growing at a CAGR of 6.2% over the forecast period through 2025. Presence of largest plastic and packaging industries in the region and increasing imports of polyethylene on the back of high demand are driving the growth of Asia-Pacific polyethylene market. Asia-Pacific Polyethylene market segmentation has been done on the basis of technologies, product type, end-user and geography. high density polyethylene (HDPE) accounted for the largest market share of 44.8% in 2017, on the back of its application in making plastic bags, bottles and equipment that provides high strength to weight ratio and high resistance to chemicals and acids.

Asia-Pacific Polyethylene market is dominated by China with 58.4% market share on the back of being the largest importer and manufacturer of polyethylene. Emerging economies such as India is expected to grow at a CAGR of 5.8% over the forecast period owing to expansion of plastic industry and implementation of industrial automation to increase the production.

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Market Segmentation

On the basis of our in-depth analysis, Asia-Pacific Polyethylene Market can be segmented as follows:

By Technologies

o Films and Sheets extrusion
o Injection Molding
o Pipe Extrusion
o Blow Molding
o Others (spinning, etc.)
By Product Type

o High Density Polyethylene (HDPE)
o Low Density Polyethylene (LDPE)
o Linear Low Density Polyethylene (LLDPE)

By End-User

o Packaging Industry
o Plastics Industry
o Construction industry
o Automobile Industry
o Electronic and Electrical Industry
o Others (Chemical Industry, Aerospace, etc.)

By region

o China Polyethylene {Market Share (%), Market Size (USD Billion)}
o India Polyethylene {Market Share (%), Market Size (USD Billion)}
o Japan Polyethylene {Market Share (%), Market Size (USD Billion)}
o Australia Polyethylene {Market Share (%), Market Size (USD Billion)}
o Vietnam Polyethylene {Market Share (%), Market Size (USD Billion)}
o Philippines Polyethylene {Market Share (%), Market Size (USD Billion)}
o South Korea Polyethylene {Market Share (%), Market Size (USD Billion)}
o Thailand Polyethylene {Market Share (%), Market Size (USD Billion)}
o Rest of Asia Pacific Polyethylene {Market Share (%), Market Size (USD Billion)}

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“Asia-Pacific Polyethylene Market Outlook 2024” by Goldstein Research contains detailed overview of the Asia-Pacific Polyethylene market in terms of market segmentation by technologies, product type and end-users.

Further, Asia-Pacific Polyethylene Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as BASF, The Dow Chemical Company, China Petrochemical, Reliance Industries Limited, ONGC Petro additions Ltd, DuPont, LyondellBasell Industries Holdings, Exxon Mobil, SABIC, Sumitomo Chemical, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the Asia-Pacific Polyethylene market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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Categories Manufacturing
Tags Asia-Pacific polyethylene market , Asia-Pacific polyethylene market size , Asia-Pacific polyethylene market trends
Last Updated March 19, 2020