PE Resins Market
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<strong>PE</strong> <strong>Resins</strong> <strong>Market</strong><br />
Revenue Sales to<br />
Reach US$ 181<br />
Billion by 2027<br />
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<strong>PE</strong> Report <strong>Resins</strong> Description <strong>Market</strong><br />
<strong>PE</strong> <strong>Resins</strong> <strong>Market</strong> Revenue Sales to Reach US$ 181 Bn by<br />
2027<br />
As per the fact based research report titled “<strong>PE</strong> <strong>Resins</strong> <strong>Market</strong>: Global Industry Analysis<br />
(2012-2016) and Opportunity Assessment (2017-2027)” crafted by Future <strong>Market</strong><br />
Insights, the global market is anticipated to reach a significant valuation by the end of the<br />
year of assessment. The research report focusses on market trends, opportunities,<br />
drivers and restraints that have a direct or indirect influence on the growth of the<br />
global <strong>PE</strong> resins market. According to the report, to leverage the surge in demand for <strong>PE</strong><br />
resins, manufacturers across the globe are focussing on expansion in <strong>PE</strong> resin production<br />
capacity.<br />
Additionally, falling crude oil prices across the globe have created opportunities for<br />
manufacturers of HD<strong>PE</strong>, LD<strong>PE</strong>, LLD<strong>PE</strong> and T<strong>PE</strong> resins. Falling crude oil prices have<br />
significantly reduced the raw material cost for resin manufacturers. Crude oil prices are<br />
expected to remain low for a few years, attributed to the shrinking demand from Chinese<br />
refineries and increasing production capacity in North America. To gain benefit from this<br />
global scenario, <strong>PE</strong> resin manufacturers need to do a deep dive analysis of the market<br />
and build cost models.
Report <strong>PE</strong> <strong>Resins</strong> Description <strong>Market</strong><br />
The research report covers analysis of various market segments across key regions in the<br />
globe, such as North America, Eastern Europe, Latin America, Western Europe, Asia<br />
Pacific excluding Japan (A<strong>PE</strong>J), Japan and Middle East and Africa (MEA). The in-depth<br />
market segmentation coupled with historical data and future market projections from<br />
value and volume perspectives for a period of 10 years delivers a comprehensive<br />
research approach that the reader can use to establish a global footprint.<br />
A Sample of this Report is Available upon Request<br />
@ https://www.futuremarketinsights.com/reports/sample/rep-gb-5717<br />
Global <strong>Market</strong> Study on <strong>PE</strong> <strong>Resins</strong>: Competitive Analysis<br />
The research report on the global <strong>PE</strong> resins market covers an in-depth analysis on the key<br />
players operating in the market. These include companies such as Exxon Mobil Corp., E.I.<br />
du Pont de Nemours & Co., LyondellBasell Industries NV, LG Chem Ltd., Formosa Plastics<br />
Corporation, The Dow Chemical Company, Braskem S.A, Saudi Arabia Basic Industries<br />
Corporation, Ineos Group Limited, LANXESS Corporation, Chevron Phillips Chemical Co.<br />
LLC, Saudi International Petrochemical Company – Sipchem, Borouge, Versalis S.p.A.,<br />
NOVA Chemicals Corporation and BASF SE. The market intelligence on these players<br />
covers aspects such as SWOT analysis, product portfolio analysis, key developments,<br />
innovations, geographical spread, marketing strategies, pricing analysis and other key<br />
financials.
<strong>PE</strong> Report <strong>Resins</strong> Description <strong>Market</strong><br />
Global <strong>Market</strong> Study on <strong>PE</strong> <strong>Resins</strong>: Segmental Snapshot<br />
The global <strong>PE</strong> resins market is segmented on the basis of resin type, end use and region.<br />
•By resin type, HD<strong>PE</strong> is largely used in various applications. The HD<strong>PE</strong> segment is the<br />
largest and is expected to dominate the market in the coming years with a high market<br />
valuation of around US$ 82 Mn by the end of the year of assessment. The LLD<strong>PE</strong> segment<br />
also shows high potential for growth and is the second largest segment with the highest<br />
value CAGR throughout the period of forecast.<br />
•By end use, packaging segment is the most attractive and is expected to lead the market<br />
with a high market share. The consumer goods segment is projected to grow at a high<br />
value CAGR of 4.0% during the forecast period, 2017-2027.<br />
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By region, Asia Pacific excluding Japan is the most lucrative owing to the presence of<br />
major players in the emerging economies in this region. The <strong>PE</strong> resins market in A<strong>PE</strong>J is<br />
projected to grow at the highest CAGR of 5.0% during the said period to attain a higher<br />
market valuation by the end of the year of assessment (2027).
<strong>PE</strong> Report <strong>Resins</strong> Description <strong>Market</strong><br />
Global <strong>Market</strong> Study on <strong>PE</strong> <strong>Resins</strong>: Forecast Analysis<br />
According to the research report, the global market for <strong>PE</strong> resins is anticipated to reach a<br />
value of more than US$ 180 Bn by the end of 2027 and is projected to grow at a CAGR of<br />
3.5% during the 2017-2027 timeline.<br />
Global <strong>Market</strong> Study on <strong>PE</strong> <strong>Resins</strong>: Dynamics Influencing Growth<br />
Various aspects are responsible for changing the dynamics of the global market. Factors<br />
such as building cross border trade spurring the demand of LLD<strong>PE</strong> and rising construction<br />
industry across various regions have positively influenced the growth of the global <strong>PE</strong><br />
resins market.<br />
Report Overview: https://www.futuremarketinsights.com/reports/pe-resins-market
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