Industry Statistics

PE Compound Market

PE Compound Market: Supply, Production, Demand Analysis By Polymer Type: High Density Polyethylene (HDPE), Low Density Polyethylene (LDPE), Linear Low-Density Polyethylene (LLDPE), Others; Demand Analysis By End Use: Pipes and Fittings, Wires and Cables, Films and Sheets, Others; Regional Analysis; Competitive Landscape; 2024-2032

PE Compound Market

PE compound or polyethylene compound, often referred to as polythene, is a thermoplastic polymer that finds a range of applications in diverse industries, based on their specific type. Polyethylene (PE) is known to be one of the most commonly manufactured thermoplastics globally. Polyethylene compounds are produced in various types, and each one of these is ideal for a varied set of applications. For instance, HDPE (high-density polyethylene) is commonly utilised in applications that are entirely different than that of LDPE (low-density polyethylene). Similarly, UHMW or ultrahigh molecular weight polyethylene is known for its high-performance characteristics and is thus utilised in applications including bulletproof vests and medical devices.

 

Global Supply/Demand Outlook

The global PE compound market stood at a volume of around 9,500 KT in 2023. The market is estimated to grow at a CAGR of 3.10% between 2024 and 2032 to reach a volume of about 12,540 KT by 2032. Among different resin types, HDPE remains the largest segment and is expected to continue to dominate the market in the coming years. The increased demand for HDPE can be attributed to its easy processability, improved durability and toughness, and crack resistance properties.

 

Pipe and fitting, and wire cable form the leading application of PE compound. The inherent physical properties of HDPE resin make it crack and abrasion resistant, along with considerable tensile strength, making it ideal for cable coverings. Besides, the superior chemical resistance of this resin increases the longevity of cable coverings, as it does not corrode, even in the absence of cathode protection.

 

Since thermoplastics such as polyethylene compounds liquefy when heated to their melting point instead of burning, and can further be cooled, and reheated without major loss or degradation, they are increasingly being used in various products, allowing them to be recycled and renewed in different applications.

 

The plant capacity utilization of PE compound stood at 80% in 2023.

 

Regional Market Analysis

In terms of consumption, the Asia Pacific dominates the market for PE compound with an estimated 53% market share. The market growth in the region can be attributed to the growing demand for film and packaging products, especially from major markets like China and India, and increasing demand for pipes and fittings with surging construction activities and infrastructure development.

 

Key Market Players

The top five players in the PE compound market are LyondellBasell, INEOS Chemicals, Borealis AG, SABIC, and Total Energies. LyondellBasell Industries Holdings N.V., as one of the leading manufacturers of versatile plastic resins in the world offers materials like polypropylene (PE), PE compounds, and polyethylene. These are used in the development of several products of different varieties in nearly every sector, including packaging, piping, automobile parts, textiles, and renewable energy technologies.

 

Other significant manufacturers of PE compound are Braskem S.A., ExxonMobil Corporation, and Kingfa Science & Technology Ltd.

 

Key Questions Answered in the Report:

  • What are the high-growth opportunities and markets for PE compound by end use and region?
  • What are the polymer types of PE compound available by region?
  • Which segments and regions are projected to grow at a faster pace and why in the PE compound market?
  • What is the nameplate capacity of PE compound by region from 2018 to 2032?
  • How does the plant capacity utilisation of PE compound vary by region between 2018 and 2032?
  • Who are the major players in the PE compound market by capacity and region?
  • What major plant shutdowns and expansions have occurred in the PE compound market in the last year and the last quarter?
  • What major plant shutdowns and expansions are planned in the PE compound market over the next year and quarters?
  • How did export and import dynamics of PE compound vary by region in terms of value between 2018 and 2023?
  • How did export and import dynamics of PE compound vary by region in terms of volume between 2018 and 2023?
  • What impacts have shutdowns, force majeure events, and plant closures had on demand and pricing of PE compound?
  • What are the environmental considerations and regulatory impacts affecting the PE compound market?
  • What technological innovations are having an impact on the production and application of PE compound?
  • What are the key trends and innovations in the PE compound market?
  • What are the challenges and opportunities faced by PE compound manufacturers?
  • What are the potential risks and barriers to entry for new players in the PE compound market?
  • What strategic investments and expansions have major players made in the PE compound market?
  • How are geopolitical factors and international trade policies affecting the global PE compound market?
  • What are the price trends for PE compound, and how are they expected to change?
  • How does the supply chain of PE compound operate, and what are its key components?

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Key Assumptions
4    Global PE Compound Market Analysis, In Volume (Thousand Tonnes)
    4.1    Global PE Compound Historical Market (2018-2023) 
    4.2    Global PE Compound Market Forecast (2024-2032)
    4.3    Global PE Compound Market Supply Analysis, By Polymer Type 
        4.3.1    High Density Polyethylene (HDPE)
            4.3.1.1    Company Wise Name Plate Capacity (2018-2032)
        4.3.2    Low Density Polyethylene (LDPE)
            4.3.2.1    Company Wise Name Plate Capacity (2018-2032)
        4.3.3    Linear Low-Density Polyethylene (LLDPE)
            4.3.3.1    Company Wise Name Plate Capacity (2018-2032)
        4.3.4    Others
    4.4    Global PE Compound Market Production Analysis, By Polymer Type
        4.4.1    High Density Polyethylene (HDPE)
            4.4.1.1    Production (2018-2032)
        4.4.2    Low Density Polyethylene (LDPE)
            4.4.2.1    Production 2018-2032)
        4.4.3    Linear Low-Density Polyethylene (LLDPE)
            4.4.3.1    Production (2018-2032)
        4.4.4    Others
    4.5    Global PE Compound Market Demand Analysis, By Polymer Type 
        4.5.1    High Density Polyethylene (HDPE)
            4.5.1.1    Demand Analysis and Forecast (2018-2032)
        4.5.2    Low Density Polyethylene (LDPE)
            4.5.2.1    Demand Analysis and Forecast (2018-2032)
        4.5.3    Linear Low-Density Polyethylene (LLDPE)
            4.5.3.1    Demand Analysis and Forecast (2018-2032)
        4.5.4    Others
    4.6    Global PE Compound Market Demand Analysis, by End Use
        4.6.1    Pipes and Fittings
            4.6.1.1    Demand Analysis and Forecast (2018-2032)
        4.6.2    Wires and Cables
            4.6.2.1    Demand Analysis and Forecast (2018-2032)
        4.6.3    Films and Sheets        
            4.6.3.1    Demand Analysis and Forecast (2018-2032)
        4.6.4    Packaging
            4.6.4.1    Demand Analysis and Forecast (2018-2032)
        4.6.5    Industrial
            4.6.5.1    Demand Analysis and Forecast (2018-2032)
        4.6.6    Others
    4.7    Global PE Compound Market by Region
        4.7.1    North America
            4.7.1.1    Demand Analysis and Forecast (2018-2032)
            4.7.1.2    Market by Polymer Type (2018-2032)
            4.7.1.3    Market by End Use (2018-2032)
        4.7.2    Europe
            4.7.2.1    Demand Analysis and Forecast (2018-2032)
            4.7.2.2    Market by Polymer Type (2018-2032)
            4.7.2.3    Market by End Use (2018-2032)
        4.7.3    Asia Pacific
            4.7.3.1    Demand Analysis and Forecast (2018-2032)
            4.7.3.2    Market by Polymer Type (2018-2032)
            4.7.3.3    Market by End Use (2018-2032)
        4.7.4    Latin America
            4.7.4.1    Demand Analysis and Forecast (2018-2032)
            4.7.4.2    Market by Polymer Type (2018-2032)
            4.7.4.3    Market by End Use (2018-2032)
        4.7.5    Middle East and Africa
            4.7.5.1    Demand Analysis and Forecast (2018-2032)
            4.7.5.2    Market by Polymer Type (2018-2032)
            4.7.5.3    Market by End Use (2018-2032)
    4.8    Global PE Compound Supply Demand Gap, By Region
        4.8.1    North America
            4.8.1.1    Demand-Supply Gap Analysis and Forecast (2018-2032)
        4.8.2    Europe
            4.8.2.1    Demand-Supply Gap Analysis and Forecast (2018-2032)
        4.8.3    Asia Pacific
            4.8.3.1    Demand-Supply Gap Analysis and Forecast (2018-2032)
        4.8.4    Latin America
            4.8.4.1    Demand-Supply Gap Analysis and Forecast (2018-2032)
        4.8.5    Middle East and Africa
            4.8.5.1    Demand-Supply Gap Analysis and Forecast (2018-2032)
5    North America PE Compound Market Analysis
    5.1    United States of America 
        5.1.1    Demand Analysis and Forecast (2018-2032)
        5.1.2    Demand Supply Gap
    5.2    Canada
        5.2.1    Demand Analysis and Forecast (2018-2032)
        5.2.2    Demand Supply Gap
6    Europe PE Compound Market Analysis
    6.1    Germany 
        6.1.1    Demand Analysis and Forecast (2018-2032)
        6.1.2    Demand Supply Gap
    6.2    UK
        6.2.1    Demand Analysis and Forecast (2018-2032)
        6.2.2    Demand Supply Gap
    6.3    France
        6.3.1    Demand Analysis and Forecast (2018-2032)
        6.3.2    Demand Supply Gap
    6.4    Italy
        6.4.1    Demand Analysis and Forecast (2018-2032)
        6.4.2    Demand Supply Gap
    6.5    Spain
        6.5.1    Demand Analysis and Forecast (2018-2032)
        6.5.2    Demand Supply Gap
    6.6    Others
7    Asia Pacific PE Compound Market Analysis
    7.1    China
        7.1.1    Demand Analysis and Forecast (2018-2032)
        7.1.2    Demand Supply Gap
    7.2    Japan
        7.2.1    Demand Analysis and Forecast (2018-2032)
        7.2.2    Demand Supply Gap
    7.3    India
        7.3.1    Demand Analysis and Forecast (2018-2032)
        7.3.2    Demand Supply Gap
    7.4    South Korea
        7.4.1    Demand Analysis and Forecast (2018-2032)
        7.4.2    Demand Supply Gap
    7.5    ASEAN
        7.5.1    Demand Analysis and Forecast (2018-2032)
        7.5.2    Demand Supply Gap
    7.6    Australia
        7.6.1    Demand Analysis and Forecast (2018-2032)
        7.6.2    Demand Supply Gap
    7.7    Others
8    Latin America PE Compound Market Analysis
    8.1    Brazil
        8.1.1    Demand Analysis and Forecast (2018-2032)
        8.1.2    Demand Supply Gap
    8.2    Argentina
        8.2.1    Demand Analysis and Forecast (2018-2032)
        8.2.2    Demand Supply Gap
    8.3    Mexico
        8.3.1    Demand Analysis and Forecast (2018-2032)
        8.3.2    Demand Supply Gap
    8.4    Others
9    Middle East and Africa PE Compound Market Analysis
    9.1    Saudi Arabia
        9.1.1    Demand Analysis and Forecast (2018-2032)
        9.1.2    Demand Supply Gap
    9.2    United Arab Emirates
        9.2.1    Demand Analysis and Forecast (2018-2032)
        9.2.2    Demand Supply Gap
    9.3    Nigeria
        9.3.1    Demand Analysis and Forecast (2018-2032)
        9.3.2    Demand Supply Gap
    9.4    South Africa
        9.4.1    Demand Analysis and Forecast (2018-2032)
        9.4.2    Demand Supply Gap
    9.5    Others
10    Growth Opportunities and Strategic Analysis 
    10.1    Supply Chain Analysis and Its Component  
    10.2    Capacity Expansions, Plant Shutdowns, Force Majeure Events, and Plant Closures in the Last One Year and the Last one Quarter
    10.3    Capacity Expansions, Plant Shutdowns, Force Majeure Events, and Plant Closures in Next One Year and the Next one
    10.4    Impact Analysis in Price and Demand after Force Majeure Events, and Plant Closures
    10.5    Environmental Considerations and Government Regulations 
    10.6    Technology Innovation and Its Impact on Production and Application
    10.7    Challenges and Opportunities Faced by Existing Manufacturers 
    10.8    Potential Risks and Barriers to Entry for New Players 
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    LyondellBasell Industries Holdings N.V.
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio and Major Grades
            11.2.1.3    Capacity by Location
            11.2.1.4    Expansion Plan
            11.2.1.5    Major Consumers
            11.2.1.6    Revenue from POI
            11.2.1.7    Technological Innovation and Sustainability
        11.2.2    Total Energies
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio and Major Grades
            11.2.2.3    Capacity by Location
            11.2.2.4    Expansion Plan
            11.2.2.5    Major Consumers
            11.2.2.6    Revenue from POI
            11.2.2.7    Technological Innovation and Sustainability
        11.2.3    SABIC
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio and Major Grades
            11.2.3.3    Capacity by Location
            11.2.3.4    Expansion Plan
            11.2.3.5    Major Consumers
            11.2.3.6    Revenue from POI
            11.2.3.7    Technological Innovation and Sustainability
        11.2.4    INEOS Chemicals
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio and Major Grades
            11.2.4.3    Capacity by Location
            11.2.4.4    Expansion Plan
            11.2.4.5    Major Consumers
            11.2.4.6    Revenue from POI
            11.2.4.7    Technological Innovation and Sustainability
        11.2.5    Borealis AG
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio and Major Grades
            11.2.5.3    Capacity by Location
            11.2.5.4    Expansion Plan
            11.2.5.5    Major Consumers
            11.2.5.6    Revenue from POI
            11.2.5.7    Technological Innovation and Sustainability
        11.2.6    Braskem S.A.
            11.2.6.1    Company Overview
            11.2.6.2    Product Portfolio and Major Grades
            11.2.6.3    Capacity by Location
            11.2.6.4    Expansion Plan
            11.2.6.5    Major Consumers
            11.2.6.6    Revenue from POI
            11.2.6.7    Technological Innovation and Sustainability
        11.2.7    ExxonMobil Corporation
            11.2.7.1    Company Overview
            11.2.7.2    Product Portfolio and Major Grades
            11.2.7.3    Capacity by Location
            11.2.7.4    Expansion Plan
            11.2.7.5    Major Consumers
            11.2.7.6    Revenue from POI
            11.2.7.7    Technological Innovation and Sustainability
        11.2.8    Kingfa Science & Technology Ltd.
            11.2.8.1    Company Overview
            11.2.8.2    Product Portfolio and Major Grades
            11.2.8.3    Capacity by Location
            11.2.8.4    Expansion Plan
            11.2.8.5    Major Consumers
            11.2.8.6    Revenue from POI
            11.2.8.7    Technological Innovation and Sustainability
12    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global PE Compound Market: Key Industry Highlights, 2018 and 2032
2.    Global PE Compound Market Supply Analysis: Breakup by Polymer Type (Thousand Tonnes), 2018-2032
3.    Global PE Compound Market Production Analysis: Breakup by Polymer Type (Thousand Tonnes), 2018-2032
4.    Global PE Compound Market Demand Analysis: Breakup by Polymer Type (Thousand Tonnes), 2018-2032
5.    Global PE Compound Market Demand Analysis: Breakup by End Use (Thousand Tonnes), 2018-2032
6.    Global PE Compound Market Demand Analysis: Breakup by Region (Thousand Tonnes), 2018-2032
7.    Global PE Compound Market Supply Demand Gap: Breakup by Region (Thousand Tonnes), 2018-2032
8.    North America PE Compound Market Demand Analysis: Breakup by Polymer Type (Thousand Tonnes), 2018-2032
9.    North America PE Compound Market Demand Analysis: Breakup by End Use (Thousand Tonnes), 2018-2032
10.    North America PE Compound Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
11.    North America PE Compound Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
12.    Europe PE Compound Market Demand Analysis: Breakup by Polymer Type (Thousand Tonnes), 2018-2032
13.    Europe PE Compound Market Demand Analysis: Breakup by End Use (Thousand Tonnes), 2018-2032
14.    Europe PE Compound Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
15.    Europe PE Compound Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
16.    Asia Pacific PE Compound Market Demand Analysis: Breakup by Polymer Type (Thousand Tonnes), 2018-2032
17.    Asia Pacific PE Compound Market Demand Analysis: Breakup by End Use (Thousand Tonnes), 2018-2032
18.    Asia Pacific PE Compound Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
19.    Asia Pacific PE Compound Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
20.    Latin America PE Compound Market Demand Analysis: Breakup by Polymer Type (Thousand Tonnes), 2018-2032
21.    Latin America PE Compound Market Demand Analysis: Breakup by End Use (Thousand Tonnes), 2018-2032
22.    Latin America PE Compound Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
23.    Latin America PE Compound Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
24.    Middle East and Africa PE Compound Market Demand Analysis: Breakup by Polymer Type (Thousand Tonnes), 2018-2032
25.    Middle East and Africa PE Compound Market Demand Analysis: Breakup by End Use (Thousand Tonnes), 2018-2032
26.    Middle East and Africa PE Compound Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
27.    Middle East and Africa PE Compound Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
28.    Global PE Compound Market Structure

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