A combination of factors such as feedstock price (crude oil and naphtha), feedstock availability, lightweight properties, energy costs, environmental issues, and government regulations are affecting the industry dynamics significantly...Rest of the World (ROW)both represent sound market growth potential for the polyethylene industry during the forecast period. China and India are expected to drive the polyethylene industry due to low-cost labor, downstream processing capacity additions, and government-supported subsidy packages. They they present great growth potential in the plastic films and sheet market. The introduction of ultra-high molecular weight polyethylene and sugarcane-based polyethylene are emerging trends that are expected to affect the future growth in the industry.
The study indicates that innovations in packaging, rising living standards and population, growing demand in end user markets, and emerging economies are anticipated to boost the industry.The industry is expected to face certain challenges such as regulatory standards to reduce CO2emissions, fluctuation of crude oil prices, product commoditization, and high cost of polypropylene.The report tracks three market segments for four geographic regions; thus, it tracks 12 segments of the industry.
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