Downstream Polyethylene Market, By Type ((Low-density polythene (LDPE), Medium-density polythene (MDPE), High-density polythene (HDPE)), By Technology (Films & Sheets Extrusion, Pipe Extrusion, Injection Molding, Blow Molding and Others), By End-user (Packaging, Construction, Automobile, Electrical & Electrics, Household Applications and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030

Downstream Polyethylene Market accounted for US$ 173.71 billion in 2020 and is estimated to be US$ 104.3 billion by 2030 and is anticipated to register a CAGR of 5.7%

Polyethylene, also known as polythene belongs to the family of thermoplastics polymer, and based on further polymerization, these are classified differently. Some properties of polyethylene due to which it is widely used are mechanical, chemical, thermal properties and others. Polyethylene is of low strength, hardness and rigidity, but has a high ductility and impact strength as well as low friction. The commercial applicability of polyethylene is limited by its low melting point compared to other thermoplastics. Polyethylene consists of high molecular weight hydrocarbons.. Therefore, its chemical behavior is similar to paraffin. Polyethylene is a good electrical insulator. Depending on thermal history and film thickness PE can vary between almost clear ormilky-opaque. LDPE has the greatest, LLDPE slightly less, and HDPE the least transparency. .

Impact of Covid-19 pandemic on market

The outbreak of COVID-19 has hampered various industries, including the polyethylene market. The downfall of the market for a continuous period, imposition of a complete lockdown in multiple countries, is predicted to have adversely impacted the market. The market was at a still, with a sudden decline in demand, which brought a severe impact on market. Furthermore, manufacturing units were also impacted severely.

Besides the construction sector, food & beverage, packaging, personal & homecare, and pharmaceutical sectors are anticipated to increase the market. The material is gaining importance due to various characteristics like resistance to moisture & chemicals, cost-effectiveness, and durability.

Significant growth in agriculture field

The agriculture field is also anticipated in this market due to rise demand for nozzles and drippers at irrigation fields. The increasing production of micro tubes and emitting pipes are anticipated to play a vital role in developing the market. In addition, the surging manufacturing of toys, fashion apparel, and sports goods are anticipated to be another factor that can strengthen the market.

Availability of substitutes like polypropylene and polyethylene terephthalate (PET) also hinders the market. Unstable rates of raw material also affects the market negatively.

The growing of environmental protection and health awareness also hampers the polythene market.

The downstream polyethylene market is segmented based on type, technology, end-user and region.

• On the basis of type, the downstream polyethylene market is segmented into Low-density polythene (LDPE), Medium-density polythene (MDPE), High-density polythene (HDPE). By Technology, the market is segmented in Films & Sheets Extrusion, Pipe Extrusion, Injection Molding, Blow Molding and Others. By End-user, the Downstream Polyethylene Market is segmented into Packaging, Construction, Automobile, Electrical & Electrics, Household Applications and Others.

Regional Insights:

On region, the downstream polyethylene market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is leading the market of downstream polythene due to rapid expansion of food and beverages, packaging, infrastructure, and construction industries. The participation of emerging nations, such as India, China, and Japan, is expected to notably participate in augmenting the regional market. Europe has second biggest market due to automotive sector which boost the market. The U.S. is also expected to grow at a significant rate due to development in various sectors like packaging, automotive, electrical & electronics, and healthcare & pharmaceuticals.

Middle East and Africa is expected to grow moderately due to increase in urbanization of the particular region. Latin America is expected to witness steady growth because of development in various fields like bottles, plastic bags, and construction materials.

 Downstream Polyethylene Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at , regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the downstream polyethylene market is segmented into type, technology, end-user and region.

Downstream Polyethylene Market, By Region:

• North America
  • Middle East & Africa
    • • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Europe
    • • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • U.S.
  • Canada

The key players operating in Downstream Polyethylene Market include Exxon Mobil Corporation (US), Formosa Plastics Corporation (Taiwan) LyondellBasell Industries NV (Netherlands), China Petroleum Corporation (China), Sasol Ltd (South Africa),  INEOS Group Holdings SA (UK), SABIC (Saudi Arabia), Sumitomo Chemical Co., Ltd (Japan), Petronas Chemicals Group Berhad (Malaysia), Mitsui Chemicals Inc. (Japan), Chevron Phillips Chemical Company (US), and DowDuPont (US). The growing number of opportunities in polythene market encourages many players to come forward which can strengthen the market. The introduction of bio-degradable polythene is likely to be a significant cause that can boost the market competition.

• Exxon Mobil Corporation
  • • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

• Lyondell basell Industries NV
• SABIC
• Sasol ltd.
• DowDupont
• Formosa Plastics Corporation
• Mitsui Chemicals Inc.
• Petronas Chemicals Group Berhed

 “*” marked represents similar segmentation in other categories in the respective section