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Polyethylene Market - Forecast(2021 - 2026)

  Polyethylene Market   Overview: According to the International Trade Centre (ITC), the trade value of polymers of ethylene or polyethylene in its primary form was estimated to be $85.30 billion in 2018, and it witnessed year on year growth of 11%. This increase is attributed to the diverse applications of polyethylene in a gamut of industries including packaging, consumer goods, and others. The polyethylene market, whose size was evaluated to be $174 billion in 2018, is poised to observe growth at a steady CAGR of 3.9% during the forecast period 2019-2025. Request Sample The APAC region had the greatest share of the polyethylene market with 43%, in 2018. This is majorly attributable to the fact that in 2018, China and Malaysia observed year on year growth in polyethylene imports at rates of 22% and 33% respectively. Despite the problem of plastic (including polyethylene) waste in Indonesia, the country imported $1.8m worth of polyethylene in 2018 which was a 24% increas...