Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global PE Compounds Market by Type (HDPE Type, XLPE Type, Other), By Application (Automotive, Building & Construction, Electronics & Appliances , Consumer Goods, Packaging, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global PE Compounds Market by Type (HDPE Type, XLPE Type, Other), By Application (Automotive, Building & Construction, Electronics & Appliances , Consumer Goods, Packaging, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 134838 3300 Chemical & Material 377 238 Pages 4.8 (35)

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.

Global PE Compounds Industry Outlook

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


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


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:


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.


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:

  1. LyondellBasell
  2. SABIC
  3. Kkalpana Industries
  4. Shanghai PRET Composites
  5. Kingfa
  6. Finproject
  7. Borealis
  8. Solvay

Global PE Compounds Market Overview

Highlights of The PE Compounds Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. HDPE Type
    2. XLPE Type
    3. Other
  1. By Application:

    1. Automotive
    2. Building & Construction
    3. Electronics & Appliances 
    4. Consumer Goods
    5. Packaging
    6. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global PE Compounds Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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 Overview Financials Developments Strategic Outlook
      14.4.2. SABIC Overview Financials Developments Strategic Outlook
      14.4.3. Kkalpana Industries Overview Financials Developments Strategic Outlook
      14.4.4. Shanghai PRET Composites Overview Financials Developments Strategic Outlook
      14.4.5. Kingfa Overview Financials Developments Strategic Outlook
      14.4.6. Finproject Overview Financials Developments Strategic Outlook
      14.4.7. Borealis Overview Financials Developments Strategic Outlook
      14.4.8. Solvay Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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