Dallas, TX / CRWE PRESS RELEASE / Dec. 9, 2021 - According to the recent study the polyethylene compound market is projected to reach an estimated $12.1 billion by 2025 from $8.7 billion in 2019, at a CAGR of 5.7% from 2020 to 2025. Growth in this market is primarily driven by growing residential and non-residential construction activities, and replacement of aging pipelines.

Browse 111 figures / charts and 90 tables in this 222-page report to understand trends, opportunities and forecast in polyethylene compound market by application (pipe and fitting, wire and cable, film and sheet and others), resin type (HDPE, LDPE and Others) and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“HDPE market is expected to remain the largest segment during the forecast period.”

Based on resin type, the polyethylene compound market is segmented into HDPE, LDPE and others. Lucintel forecasts that the HDPE market is expected to remain the largest segment due to superior toughness, crack resistance, and easy process ability properties.

“Within the polyethylene compound market, the pipe and fitting segment is expected to remain the largest application”

Based on application, the pipe and fitting segment is expected to witness the largest segment due to growth in development of water and sewage disposal infrastructure and wire and cable witness the highest growth in the forecast period due to higher electrical and mechanical properties than PVC compound.

“Asia Pacific will dominate the polyethylene compound market in near future”

Asia Pacific is expected to be the largest region with the highest growth over the forecast period due to growth in infrastructure and construction industry and increasing demand of film and packaging products.

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Major players of polyethylene compound market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. LyondellBasell, Borealis, Spartech, Solvay, Sumitomo Chemical, INEOS, Total S.A, RTP, and SABIC and others are among the major polyethylene compound providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/polyethylene-compound-market.aspx or helpdesk@lucintel.com