Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Australia Polyethylene Market Size

The Australia polyethylene market is projected to grow at a CAGR of 3.88% between 2024 and 2032.

 

Key Takeaways

  • The Australian government spent $13.9 billion in 2020-21 on PBS and RPBS medications, with PBS covering 98%, averaging $541 per person.
  • The cosmetics industry in Australia is estimated to be worth $3.5 billion, as reported by the International Trade Administration.
  • As per the Australian Packaging Covenant Organisation's projections, around 6.74 million tons of packaging entered the Australian market in 2020–21.

 

Household items contribute to the Australia polyethylene market growth, often used for their biocompatibility in medical equipment, ensuring safety when in contact with biological tissues without causing adverse reactions

For household use, polyethylene's durability, water resistance, easy-to-clean surfaces, lightweight nature, chemical resistance, and affordability make it a prime material for an array of products like storage containers, kitchen tools, toys, and outdoor furniture.

 

In the realm of medical equipment, polyethylene's versatility shines, offering biocompatibility, sterilization resistance, durability, flexibility for shaping, chemical resilience, and cost-effectiveness. This enables its broad application in creating secure and effective devices for diverse medical requirements.

 

A study conducted in Australia confirmed that hip implants with cross-linked polyethylene (XLPE) significantly reduced the need for revision surgery after total hip replacement. Published in The Journal of Bone & Joint Surgery, the study, led by Australian Orthopaedic Association National Joint Replacement Registry professor, provided long-term follow-up results.

 

Australia Polyethylene Market Report Snapshots

Australia Polyethylene Market Size

Australia Polyethylene Companies

 

*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.*

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Outline the Scope

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 3.88% between 2024 and 2032.

The polyethylene market is categorised according to type is divided into high-density polyethylene (HDPE), low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), ultra low-density polyethylene (ULDPE), high-molecular-weight polyethylene (HMWPE), metallocene polyethylene (MPE), crossed-linked polyethylene, ultra-high-molecular-weight polyethylene (UHMWPE), and chlorinated polyethylene (CPE).

The key players are Chevron Phillips Chemical Pty Ltd., Qenos Pty Ltd., ExxonMobil Australia Pty Ltd., Poly Pipe Pty Ltd., LyondellBasell Australia Pty Ltd., and Dolphin Plastics & Packaging (Creekgold Pty Ltd.) among others.

Based on end-use, the market is divided into agriculture, construction, packaging, automotive & transportation, consumer goods, and industrial among others.

The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, and Western Australia among others.

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40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

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