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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 Cheap Raiders Jerseys , 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.
In this market, HDPE (high density polyethylene), and LDPE (low density polyethylene) Wholesale Nick Nelson Jersey , are the major resins utilize to manufacture polyethylene compound. 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 Wholesale Arden Key Jersey , which has a direct impact on the dynamics of the industry, include development of bio based green polyethylene compound. LyondellBasell, Borealis, Spartech, Solvay Wholesale Brandon Parker Jersey , Sumitomo Chemical, INEOS, Total S.A, RTP, and SABIC are among the major suppliers of the global polyethylene compound market.
Lucintel Wholesale Johnny Townsend Jersey , a leading global strategic consulting and market research firm, has analyzed growth opportunities of global polyethylene compound market by application, resin type, and region. Lucintel has prepared a comprehensive research report entitled 鈥淕rowth Opportunities in the Global polyethylene compound Market 2018-2023: Trends, Forecast Wholesale P.J. Hall Jersey , and Opportunity Analysis.鈥?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 鈥?2023):
鈥?Pipe and Fitting
- Potable Water
- Wastewater
- Agriculture
- Chemical
- Oil & Gas
- Others
鈥?Wire and Cable
- Telecommunication
- Power
- Industrial
- Construction
- Others
鈥?Film and sheet
鈥?Others
By Resin Type (Volume (Kilo Tons) and $M shipment analysis for 2012 鈥?2023):
鈥?HDPE Resin
鈥?LDPE Resin
鈥?Others
By Region (Volume (Kilo Tons) and $M shipment analysis for 2012 鈥?2023):
鈥?North America
鈥?Europe
鈥?Asia Pacific
鈥?The Rest of the World

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