Argentina Polyethylene Market Size & Outlook, 2022-2030
Argentina polyethylene market, 2018-2030 (US$M)
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Argentina polyethylene market highlights
- The Argentina polyethylene market generated a revenue of USD 1,496.0 million in 2022 and is expected to reach USD 1,687.7 million by 2030.
- The Argentina market is expected to grow at a CAGR of 1.5% from 2023 to 2030.
- In terms of segment, packaging was the largest revenue generating end use in 2022.
- AUTOMOTIVE is the most lucrative end use segment registering the fastest growth during the forecast period.
Polyethylene market data book summary
| Market revenue in 2022 | USD 1,496.0 million |
| Market revenue in 2030 | USD 1,687.7 million |
| Growth rate | 1.5% (CAGR from 2022 to 2030) |
| Largest segment | Packaging |
| Fastest growing segment | AUTOMOTIVE |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
| Key market players worldwide | Basf SE, Borealis Exploration Ltd, Braskem SA ADR, Dow Inc, Exxon Mobil Corp, LyondellBasell Industries NV Class A, Mitsubishi Chemical Group Corp, China Petroleum & Chemical Corp Class H, Formosa Plastics Group, LG Chem, MOL Group, INEOS, SABIC |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.0% of the global polyethylene market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil polyethylene market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 6,228.1 million by 2030.
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Polyethylene Market Scope
Polyethylene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina 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 42.06% in 2022. Horizon Databook has segmented the Argentina 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.
Argentina is among the leading economies in Central & South America. Growing inter-industry trading relationships of the country with China and India are anticipated to fuel the growth of Argentina's manufacturing industry. The polyethylene market in the country has significant growth potential as it offers increased opportunities for investors to surge the domestic production of polyethylene.
Moreover, circular economy initiatives and waste management practices are driving the polyethylene market in Argentina. With a growing emphasis on sustainability and environmental responsibility, there is an increased focus on recycling and reusing polyethylene products.
Regulatory measures promoting recycling and developing a circular economy further drive the adoption of recycled polyethylene and encourage manufacturers to incorporate sustainable practices in their operations. The commitment to circularity aligns with global environmental goals and fosters a positive image for the polyethylene industry in Argentina.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina polyethylene market , including forecasts for subscribers. This country databook contains high-level insights into Argentina polyethylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina polyethylene market size, by end use, 2018-2030 (US$M)
Argentina Polyethylene Market Outlook Share, 2022 & 2030 (US$M)
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