According to the recent study the polyethylene compound market is projected to reach an estimated $15 billion by 2030 from $12 billion in 2023 at a CAGR of 3% from 2023 to 2030. Growth in this market is primarily driven by growing residential and non-residential construction activities, increasing need for rehabilitation of the major water and wastewater infrastructure, and replacement of aging pipelines.
Browse 107 figures/charts
and 68 tables in this 205-page report to understand trends, opportunities and
forecast in polyethylene compound market by application (pipes & fittings,
wires and cables, films and sheets and others), resin type (HDPE, LDPE and
ohers) and region (North America, Europe, Asia Pacific, and the Rest of the
World).
Lucintel forecasts that
pipes & fittings will remain the largest application segment over the
forecast period due to growth in development of water and sewage disposal
infrastructure.
HDPE resin type
polyethylene compound will remain the largest segment over the forecast period
superior toughness, crack resistance, and easy processability properties.
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polyethylene compound market
Asia Pacific is expected
to remain the largest region and witness the highest growth over the forecast
period due to growth in infrastructure and construction industry and increasing
demand of film and packaging products.
Total S.A., SABIC,
Lyondell Basell, INEOS, Braskem S.A, Borealis Group, and Roscom Inc. are the major suppliers in the polyethylene
compound providers.
This unique 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 write us at helpdesk@lucintel.com To get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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