Global Polyethylene Industry - Emerging Markets in Asia-Pacific to Drive Modest Growth
Released on 18th May 2015
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“Global Polyethylene Industry Emerging Markets in Asia-Pacific to Drive Modest Growth”. The study comes from the company’s oil and gas research group and provides market analysis of the global polyethylene industry, highlighting major features. It gives historic and forecast market size and demand and production figures by region, covering the regions of Asia-Pacific, Europe, North America, South America, and the Middle East and Africa. It uses data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by Global Data’s team of industry experts.
The global polyethylene industry has witnessed a period of low growth in the last two years due to a slowdown in China and India, which showed strong demand in the past decade and proved themselves to be the growth engine of the global polyethylene industry. Russia has emerged as another growing market for polyethylene with a twofold increase in demand volume in the last decade. It is also expected to show a strong demand growth rate over the next five years. The Middle East and Africa has seen the fastest pace of production in the last decade. In terms of absolute change in production, Asia-Pacific continues to lead the market with an increase in production from 16.77 mmty in 2003 to 27.703 mmty in 2013, at Compound Annual Growth Rate (CAGR) of 5.1% in the last decade. New plants in China and India will continue to drive production in the region to 35.72 mmty in 2018.
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Historic and forecast global polyethylene capacity by region
Details of planned polyethylene plants
Major global polyethylene producers’ capacity shares
Historic and forecast polyethylene market size, demand volume and production volume by region
Global polyethylene demand by end-use sector...