Polyethylene Market size is estimated to exceed 3.78% CAGR by 2021


(MENAFNEditorial) iCrowdNewswire - Sep 4, 2017

The report analysts forecast the global to grow at a CAGR of 3.78% during the period 2017-2021.

Polyethylene (PE) or polythene refers to a polymer of ethylene, particularly belonging to lightweight thermoplastics that are partially crystalline in nature and are resistant to moisture and chemicals. Polyethylene is the most commonly used plastic globally. It is used in the production of products ranging from shopping and food wrap bags to automobile fuel tanks and detergent bottles. Polyethylene can be spun or slit to form synthetic fibers or can be modified to assume the elastic properties pertaining to rubber.

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Covered in this report

The report covers the present scenario and the growth prospects of the global Polyethylene market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography: Americas, APAC, EMEA

Key vendors BASF, China Petrochemical, DuPont, Exxon Mobil

Other prominent vendors Borealis, Chevron Phillips Chemical Company, Royal DSM, Formosa Plastics, INEOS

Market driver Growing sectoral demand for use of polyethylene products, For a full, detailed list, view our report

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Market challenge Volatility in prices of raw materials coupled with product commoditization, For a full, detailed list, view our report

Market trend New developments in application of polyethylene, For a full, detailed list, view our report

Key questions answered in this report What will the market size be in 2021 and what will the growth rate be What are the key market trends?, What is driving this market?, What are the challenges to market growth?, Who are the key vendors in this market space?, What are the market opportunities and threats faced by the key vendors?, What are the strengths and weaknesses of the key vendors

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