Polyethylene Market
Regions Covered
USA
SEA
Europe
LATAM
Regions Covered
USA
SEA
Europe
LATAM
The global PE market is valued at $152 billion in 2016, and it is estimated to touch $190 billion by 2022, growing at a CAGR of 3.8 percent. Asia is expected to witness a high growth rate of about 4.4 percent CAGR, followed by the Middle East, ranging from 4 percent to 5 percent CAGR, while saturated markets, like the US is expected to witness a growth of about 2 percent CAGR during 2017–2022. Europe is expected to grow at 1.2 percent during the forecast period. LATAM is expected to witness a growth rate of about 2.3 percent.
Capacity additions in the US and Iran is expected to increase the supply in these regions and would continue to be net exporters in the next five years. Numerous suppliers have planned for imported ethane based crackers in China, however due to strained relationships with the US there could be possible delays in commencement of new crackers. No capacity are being planned in Europe and Latin America and these regions would continue to be net importers.
Beroe gathers intelligence through primary sources that include industry experts, researchers and consultants, as well as current suppliers, producers and distributors. Secondary sources can include subscriptions, business journals, newsletters, magazines, market research data, company sources and industry associations. Following data collation, analysis and strategic review, the final report is published.
Want a more detailed personalised report?
Beroe is a global SaaS-based procurement intelligence and analytics provider. We deliver intelligence, data, and insights that enable companies to make smarter sourcing decisions – leading to lower cost, reduced risk, and greater profits. Beroe has been a trusted source of intelligence for more than 15 years and presently partners with 10,000 companies worldwide, including 400 of the Fortune 500 companies.
Copyright © 2022 Beroe Inc / Beroe Consulting India Pvt Ltd. | All rights reserved.
