Global Polyethylene Market Size & Outlook, 2022-2030
Global polyethylene market, 2018-2030 (US$M)
Related Markets
Global polyethylene market highlights
- The global polyethylene market generated a revenue of USD 152,550.3 million in 2022 and is expected to reach USD 190,182.4 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 2.8% by 2030.
- In terms of segment, packaging accounted for a revenue of USD 94,129.8 million in 2022.
- CONSTRUCTION is the most lucrative end use segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 152,550.3 million |
| Market revenue in 2030 | USD 190,182.4 million |
| Growth rate | 2.8% (CAGR from 2022 to 2030) |
| Largest segment | Packaging |
| Fastest growing segment | CONSTRUCTION |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
Other key industry trends
- In terms of revenue, the North America accounted for 14.8% of the global polyethylene market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 2,030.2 million by 2030.
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Polyethylene Market Scope
Polyethylene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global polyethylene market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polyethylene market will help companies and investors design strategic landscapes.
Packaging was the largest segment with a revenue share of 61.7% in 2022. Horizon Databook has segmented the Global polyethylene market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Polyethylene End Use Outlook (Revenue, USD Million, 2018-2030)
- PACKAGING
- CONSTRUCTION
- ELECTRICAL & ELECTRONICS
- AUTOMOTIVE
- MEDICAL
- OTHER END USES
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Target buyers of Global polyethylene market databook
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Our clientele includes a mix of polyethylene market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global polyethylene market , including forecasts for subscribers. This global databook contains high-level insights into Global polyethylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global polyethylene market size, by regions, 2018-2030 (US$M)
Top 10 countries: Polyethylene market size, 2022 (US$M)
Global polyethylene market share, by end use, 2022 & 2030 (%, US$M)
Polyethylene market: Opportunity assessment by country
Global polyethylene market, by region, 2022 (US$M)
| End Use | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 21,034.6 | 21,903.8 | 21,471.9 | 21,947.1 | 22,518.1 | 23,169.0 | 23,882.4 | 24,686.6 | 25,564.5 | 26,547.3 | 27,513.5 | 28,508.3 | 29,489.9 | 3.4% |
| Europe | 31,910.1 | 32,628.6 | 31,404.2 | 31,513.0 | 31,739.2 | 32,053.1 | 32,425.8 | 32,890.9 | 33,419.1 | 34,046.1 | 34,611.8 | 35,173.8 | 35,680.3 | 1.5% |
| Asia Pacific | 57,641.9 | 60,419.2 | 59,610.3 | 61,315.4 | 63,301.7 | 65,528.7 | 67,950.8 | 70,652.0 | 73,586.6 | 76,848.7 | 80,089.3 | 83,438.8 | 86,775.8 | 4.0% |
| Latin America | 12,071.4 | 12,328.7 | 11,851.8 | 11,878.2 | 11,948.2 | 12,050.8 | 12,174.7 | 12,332.3 | 12,512.8 | 12,729.1 | 12,921.4 | 13,111.1 | 13,279.0 | 1.3% |
| MEA | 23,531.2 | 23,971.2 | 22,983.4 | 22,972.1 | 23,043.0 | 23,173.9 | 23,342.7 | 23,572.7 | 23,842.1 | 24,175.3 | 24,457.9 | 24,730.7 | 24,957.4 | 1.0% |
| Overall | 146,189.1 | 151,251.5 | 147,321.6 | 149,625.8 | 152,550.3 | 155,975.4 | 159,776.4 | 164,134.5 | 168,925.0 | 174,346.5 | 179,593.8 | 184,962.6 | 190,182.4 | 2.8% |
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