Product Code: PM4961
The global polyethylene market size is expected to reach USD 161.08 billion by 2032, according to a new study by Polaris Market Research. The report "Polyethylene Market Share, Size, Trends, Industry Analysis Report, By Type (LDPE, MDPE, HDPE); By Technology; By End-User; By Region; Segment Forecast, 2024-2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growing disposable income in the global market is driving the demand for multiple products, particularly food, and beverages. This trend is certainly facilitating the need for packaging materials, including polyethylene, due to its potential to safeguard food from spoilage and promote its shelf life. As more companies in the food manufacturing industry adopt polyethylene-based packaging solutions, there will be significant growth opportunities that can stimulate the expansion of the global polyethylene market in the long run.
The growing construction activities and increasing investments in infrastructure development projects are anticipated to create demand for the polyethylene market. This is attributable to the unique properties of polyethylene in safeguarding against extreme weather conditions, as most of the houses are prone to higher temperatures with increasing environmental pollution. It is used in concrete, paint, and delivery pipes driven by its rigidity and works as a weatherproof material. For instance, in June 2023, Kubik, an Ethiopian startup, announced that it had received USD 3.34 Mn to develop environment-friendly houses from recycled plastic waste.
The rising collaborative agreements by the producers to gain a competitive edge and increase their potential to produce effective products are anticipated to fuel polyethylene market expansion during the forecast period. For instance, in March 2024, Dow entered into a collaboration agreement with Procter & Gamble to produce recycled polyethylene technology.
The significant rise in the use of polyethylene in packaging, water bottles, and transportation bag production is likely to propel market growth. However, increasing plastic waste and ongoing environmental concerns, along with increasing measures to combat greenhouse gas emissions, are likely to limit plastic adoption. As per the United Nations Environment Program, more than 430 million tonnes of plastic are produced per year, of which two-thirds have a lower shelf life and are likely to remain as waste in future. Conversely, the increasing studies exploring the use of polythene waste are expected to promote its use in the marketplace. A study published in December 2023 developed new technology to deal with polyethylene waste.
Polyethylene Market Report Highlights
HDPE segment is anticipated to witness the highest growth in the coming years due to its superior performance in protecting from extreme weather events.
Injection molding segment accounted for the largest market share owing to its lower cost of production.
Packaging segment is projected to experience a larger revenue share due to the increasing demand for consumer goods.
APAC is projected to register the fastest growth during the forecast period, attributable to the rising number of companies opting for eco-friendly packaging.
The global players include Chevron Phillips Chemical Company, China Petrochemical, Exxon Mobil Corporation, & Formosa Plastics Corporation.
Polaris Market Research has segmented the polyethylene market report based on type, technology, end use, and region:
Polyethylene, Type Outlook (Revenue - USD Billion, 2019 - 2032)
Polyethylene, Technology Outlook (Revenue - USD Billion, 2019 - 2032)
- Films & Sheets Extrusion
- Pipe Extrusion
- Injection Molding
- Blow Molding
- Others
Polyethylene, End-User Outlook (Revenue - USD Billion, 2019 - 2032)
- Packaging
- Consumer Goods
- Healthcare and Pharmaceuticals
- Building and Construction
- Agriculture
- Automotive
- Electronics
- Household Application
- Others
Polyethylene, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Australia
- Rest of APAC
- Latin America
- Argentina
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
- Rest of Middle East & Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Polyethylene Market Insights
- 4.1. Polyethylene Market - Technology Snapshot
- 4.2. Polyethylene Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising availability of polyethylene in the marketplace
- 4.2.1.2. Increasing use of polyethylene in packaging activities
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Rising environmental consciousness is likely to impede market growth
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Polyethylene Market Technology Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Polyethylene Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 5.3. LDPE
- 5.3.1. Global Polyethylene Market, by LDPE, by Region, 2019-2032 (USD Billion)
- 5.4. MDPE
- 5.4.1. Global Polyethylene Market, by MDPE, by Region, 2019-2032 (USD Billion)
- 5.5. HDPE
- 5.5.1. Global Polyethylene Market, by HDPE, by Region, 2019-2032 (USD Billion)
6. Global Polyethylene Market, by End-User
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 6.3. Packaging
- 6.3.1. Global Polyethylene Market, by Packaging, by Region, 2019-2032 (USD Billion)
- 6.4. Consumer Goods
- 6.4.1. Global Polyethylene Market, by Consumer Goods, by Region, 2019-2032 (USD Billion)
- 6.5. Healthcare and Pharmaceuticals
- 6.5.1. Global Polyethylene Market, by Healthcare and Pharmaceuticals, by Region, 2019-2032 (USD Billion)
- 6.6. Building and Construction
- 6.6.1. Global Polyethylene Market, by Building and Construction, by Region, 2019-2032 (USD Billion)
- 6.7. Agriculture
- 6.7.1. Global Polyethylene Market, by Agriculture, by Region, 2019-2032 (USD Billion)
- 6.8. Automotive
- 6.8.1. Global Polyethylene Market, by Automotive, by Region, 2019-2032 (USD Billion)
- 6.9. Electronics
- 6.9.1. Global Polyethylene Market, by Electronics, by Region, 2019-2032 (USD Billion)
- 6.10. Household Application
- 6.10.1. Global Polyethylene Market, by Household Application, by Region, 2019-2032 (USD Billion)
- 6.11. Others
- 6.11.1. Global Polyethylene Market, by Others, by Region, 2019-2032 (USD Billion)
7. Global Polyethylene Market, by Technology
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 7.3. Films & Sheets Extrusion
- 7.3.1. Global Polyethylene Market, by Films & Sheets Extrusion, By Region, 2019-2032 (USD Billion)
- 7.4. Pipe Extrusion
- 7.4.1. Global Polyethylene Market, by Pipe Extrusion, By Region, 2019-2032 (USD Billion)
- 7.5. Injection Molding
- 7.5.1. Global Polyethylene Market, by Injection Molding, By Region, 2019-2032 (USD Billion)
- 7.6. Blow Molding
- 7.6.1. Global Polyethylene Market, by Blow Molding, By Region, 2019-2032 (USD Billion)
- 7.7. Others
- 7.7.1. Global Polyethylene Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global Polyethylene Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Polyethylene Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Polyethylene Market - North America
- 8.3.1. North America: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.3.3. North America: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.3.4. Polyethylene Market - U.S.
- 8.3.4.1. U.S.: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.3.5. Polyethylene Market - Canada
- 8.3.5.1. Canada: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.4. Polyethylene Market - Europe
- 8.4.1. Europe: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.4.3. Europe: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.4.4. Polyethylene Market - UK
- 8.4.4.1. UK: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.4.5. Polyethylene Market - France
- 8.4.5.1. France: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.4.5.3. France: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.4.6. Polyethylene Market - Germany
- 8.4.6.1. Germany: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.4.7. Polyethylene Market - Italy
- 8.4.7.1. Italy: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.4.8. Polyethylene Market - Spain
- 8.4.8.1. Spain: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.4.9. Polyethylene Market - Netherlands
- 8.4.9.1. Netherlands: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.4.10. Polyethylene Market - Russia
- 8.4.10.1. Russia: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.5. Polyethylene Market - Asia Pacific
- 8.5.1. Asia Pacific: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.5.4. Polyethylene Market - China
- 8.5.4.1. China: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.5.4.3. China: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.5.5. Polyethylene Market - India
- 8.5.5.1. India: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.5.5.3. India: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.5.6. Polyethylene Market - Malaysia
- 8.5.6.1. Malaysia: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.5.7. Polyethylene Market - Japan
- 8.5.7.1. Japan: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.5.8. Polyethylene Market - Indonesia
- 8.5.8.1. Indonesia: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.5.9. Polyethylene Market - South Korea
- 8.5.9.1. South Korea: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.6. Polyethylene Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.6.4. Polyethylene Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.6.5. Polyethylene Market - UAE
- 8.6.5.1. UAE: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.6.6. Polyethylene Market - Israel
- 8.6.6.1. Israel: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.6.7. Polyethylene Market - South Africa
- 8.6.7.1. South Africa: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.7. Polyethylene Market - Latin America
- 8.7.1. Latin America: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.7.4. Polyethylene Market - Mexico
- 8.7.4.1. Mexico: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.7.5. Polyethylene Market - Brazil
- 8.7.5.1. Brazil: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
- 8.7.6. Polyethylene Market - Argentina
- 8.7.6.1. Argentina: Polyethylene Market, by Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Polyethylene Market, by Technology, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Polyethylene Market, by End-User, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Chevron Phillips Chemical Company (US)
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. China Petrochemical Corporation (China)
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Exxon Mobil Corporation (US)
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Formosa Plastics Corporation (Taiwan)
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Ineos Group Holdings (UK)
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. LyondellBasell Industries NV (UK)
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Mitsui Chemicals Inc. (Japan)
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Petronas Chemicals Group (Malaysia)
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. SABIC (Saudi Arabia)
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Sasol Ltd. (South Africa)
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Sumitomo Chemical (Japan)
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development