Polyethylene in Primary Forms Market

Polyethylene in primary forms market: read newly released data featured by an Ai-driven market research tool. Facts and figures contain production, market size, imports, companies, trade, exports, consumption, and market prices. Here is a breakdown by country, including the U.S., Russia, the U.K., the Middle East, China, Africa, EU, and Latin America. Market insights and outlook to 2030 are also provided in the reports.

Get FREE access to the latest data and statistics on the Polyethylene in Primary Forms Market.

Polyethylene in Primary Forms - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by India.

From 2018 to 2020, the average annual rate of growth in terms of value in China totaled -6.7%. The remaining consuming countries recorded the following average annual rates of market growth: the United States (-8.8% per year) and India (-12.5% per year).

Polyethylene in Primary Forms Prices

Polyethylene in Primary Forms - Top Importers

In value terms, China ($11.8B) constitutes the largest market for imported polyethylene in primary forms worldwide, comprising 23% of global imports. The second position in the ranking was occupied by Germany ($2.4B), with a 4.7% share of global imports. It was followed by the United States, with a 3.7% share.

In China, polyethylene in primary forms imports decreased by an average annual rate of -2.0% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-14.1% per year) and the United States (-8.9% per year).

Polyethylene in Primary Forms - Top Exporters

In value terms, the largest polyethylene in primary forms supplying countries worldwide were Saudi Arabia ($7.4B), the United States ($6B) and Belgium ($3.3B), together accounting for 36% of global exports. The United Arab Emirates, Singapore, Germany, South Korea, Iran, Thailand, the Netherlands, Canada, Malaysia and Russia lagged somewhat behind, together comprising a further 40%.

Russia recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Polyethylene in Primary Forms - Market Forecast

Driven by rising demand for polyethylene in primary forms worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Polyethylene in Primary Forms - Top Companies

The Dow Chemical Company, AVC HOLDINGS PTY LTD, AUSTRALIAN VINYLS CORPORATION PTY LTD, MB Barter (usa) Inc, SUMITOMO CHEMICAL COMPANY, LIMITED, HARVEYS COMPOSITES (PTY) LTD, PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED, NAN YA PLASTICS CORPORATION, Hengyi Petrochemical Co., Ltd., Chevron Phillips Chemical Company LLC, Eastman Chemical Company, Huntsman International LLC, Huntsman Corporation, Westlake Chemical Corporation, Celanese Americas LLC, Covestro Deutschland AG, FORMOSA PLASTICS CORPORATION, Celanese Holdings LLC, Celanese Chemicals Inc., HITACHI CHEMICAL COMPANY, LTD.

Polyethylene in Primary Forms - Product Coverage

• HS 390110 - Ethylene polymers; in primary forms, polyethylene having a specific gravity of less than 0.94
• HS 390120 - Ethylene polymers; in primary forms, polyethylene having a specific gravity of 0.94 or more

Source: IndexBox Market Intelligence Platform