Market Overview:
The global PE compounds market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for PE compounds from various end-use industries, such as automotive, building & construction, electronics & appliances, consumer goods, packaging and others. In terms of type, HDPE type is expected to hold the largest share in the global PE compounds market during the forecast period. However, XLPE type is projected to grow at a higher CAGR than HDPE type during the forecast period. In terms of application, automotive is expected to hold the largest share in global PE compounds market during 2018-2030 owing to its growing demand from developing countries across regions such as Asia Pacific and Latin America.
Product Definition:
PE compounds are polyethylene glycols. They are important because they can be used to dissolve many different types of drugs, which makes them useful for drug delivery.
HDPE Type:
High-density polyethylene (HDPE) is a widely used plastic in the packaging industry. It has been gaining importance as an alternative to low-density polyethylene (LDPE) owing to its properties such as higher impact resistance and better barrier against moisture & oxygen. HDPE is produced by the polymerization of ethylene, which has different molecular weights depending on the grade.
XLPE Type:
XLPE is a polymer with ethylene and propylene as its main constituents. It can be produced by the catalytic polymerization of ethylene or by hydrolysis of EPDM rubber. XLPE has high resistance to chemicals, such as gasoline, oil & lubricants, and solvents. This makes it an ideal material for applications where resistance to chemicals is required.
The global XLPE type market was valued at USD 2 billion in 2015.
Application Insights:
The automotive application segment accounted for a volume share of over 30% in 2017. The demand is expected to be driven by the growing automobile production in emerging economies including China, India and Brazil. Furthermore, easy availability of funding and low interest rates have led to an increase in the number of buyers opting for vehicles with higher fuel efficiency. This has resulted in increased utilization of plastics in vehicle components including body panels, hoods and roofs which is likely to propel market growth over the forecast period.
Building & construction was one of the prominent applications accounting for a revenue share exceeding 24% in 2017 owing to increasing utilization PE compounds such as HDPE, LDPE.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of 59.1% in 2017, which can be attributed to high product demand from various end-use industries such as automotive, consumer goods, building & construction and electronics. China is projected to remain a key consumer of PE compounds owing to increasing infrastructure activities coupled with rapid urbanization across the country.
The Middle East & Africa (MEA) region is anticipated to witness significant growth over the forecast period owing to rising government investments in infrastructure projects along with expanding automobile production capacity mainly from Saudi Arabia and UAE are likely drive product demand across this region in near future.
Growth Factors:
- Increasing demand from the packaging and automotive industries for PE compounds as a replacement for traditional materials such as metal and glass.
- Growing popularity of lightweight, fuel-efficient vehicles that require high-performance plastics to meet stringent safety and emissions standards.
- Proliferation of new applications for PE compounds in medical devices, electrical equipment, and other industrial sectors.
- Rising demand from emerging markets in Asia Pacific and Latin America for affordable yet durable plastic products.
- Technological advances that improve the performance of PE compounds while reducing manufacturing costs
Scope Of The Report
Report Attributes
Report Details
Report Title
PE Compounds Market Research Report
By Type
HDPE Type, XLPE Type, Other
By Application
Automotive, Building & Construction, Electronics & Appliances , Consumer Goods, Packaging, Others
By Companies
LyondellBasell, SABIC, Kkalpana Industries, Shanghai PRET Composites, Kingfa, Finproject, Borealis, Solvay
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global PE Compounds Market Report Segments:
The global PE Compounds market is segmented on the basis of:
Types
HDPE Type, XLPE Type, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Building & Construction, Electronics & Appliances , Consumer Goods, Packaging, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LyondellBasell
- SABIC
- Kkalpana Industries
- Shanghai PRET Composites
- Kingfa
- Finproject
- Borealis
- Solvay
Highlights of The PE Compounds Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- HDPE Type
- XLPE Type
- Other
- By Application:
- Automotive
- Building & Construction
- Electronics & AppliancesÂ
- Consumer Goods
- Packaging
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PE Compounds Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PE compounds are a type of plastic that is made from polyethylene. PE compounds are often used to make products such as food containers, water bottles, and toys.
Some of the major players in the pe compounds market are LyondellBasell, SABIC, Kkalpana Industries, Shanghai PRET Composites, Kingfa, Finproject, Borealis, Solvay.
The pe compounds market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PE Compounds Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. PE Compounds Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PE Compounds Market - Supply Chain
4.5. Global PE Compounds Market Forecast
4.5.1. PE Compounds Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PE Compounds Market Size (000 Units) and Y-o-Y Growth
4.5.3. PE Compounds Market Absolute $ Opportunity
5. Global PE Compounds Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. PE Compounds Market Size and Volume Forecast by Type
5.3.1. HDPE Type
5.3.2. XLPE Type
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PE Compounds Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. PE Compounds Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Building & Construction
6.3.3. Electronics & Appliances
6.3.4. Consumer Goods
6.3.5. Packaging
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PE Compounds Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. PE Compounds Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global PE Compounds Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. PE Compounds Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global PE Compounds Demand Share Forecast, 2019-2029
9. North America PE Compounds Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America PE Compounds Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America PE Compounds Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Building & Construction
9.4.3. Electronics & Appliances
9.4.4. Consumer Goods
9.4.5. Packaging
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PE Compounds Market Size and Volume Forecast by Type
9.7.1. HDPE Type
9.7.2. XLPE Type
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America PE Compounds Demand Share Forecast, 2019-2029
10. Latin America PE Compounds Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America PE Compounds Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America PE Compounds Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Building & Construction
10.4.3. Electronics & Appliances
10.4.4. Consumer Goods
10.4.5. Packaging
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PE Compounds Market Size and Volume Forecast by Type
10.7.1. HDPE Type
10.7.2. XLPE Type
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America PE Compounds Demand Share Forecast, 2019-2029
11. Europe PE Compounds Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe PE Compounds Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe PE Compounds Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Building & Construction
11.4.3. Electronics & Appliances
11.4.4. Consumer Goods
11.4.5. Packaging
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PE Compounds Market Size and Volume Forecast by Type
11.7.1. HDPE Type
11.7.2. XLPE Type
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe PE Compounds Demand Share, 2019-2029
12. Asia Pacific PE Compounds Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific PE Compounds Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific PE Compounds Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Building & Construction
12.4.3. Electronics & Appliances
12.4.4. Consumer Goods
12.4.5. Packaging
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PE Compounds Market Size and Volume Forecast by Type
12.7.1. HDPE Type
12.7.2. XLPE Type
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific PE Compounds Demand Share, 2019-2029
13. Middle East & Africa PE Compounds Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa PE Compounds Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa PE Compounds Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Building & Construction
13.4.3. Electronics & Appliances
13.4.4. Consumer Goods
13.4.5. Packaging
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PE Compounds Market Size and Volume Forecast by Type
13.7.1. HDPE Type
13.7.2. XLPE Type
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa PE Compounds Demand Share, 2019-2029
14. Competition Landscape
14.1. Global PE Compounds Market: Market Share Analysis
14.2. PE Compounds Distributors and Customers
14.3. PE Compounds Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. LyondellBasell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SABIC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kkalpana Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shanghai PRET Composites
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kingfa
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Finproject
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Borealis
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Solvay
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
