In terms of region, Asia is the leading region in the production of Polyethylene Terephthalate (PET) resin with a market share of approximately 50% in 2015. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Study #3210 October 2014 $6200 495 Pages World Polyethylene Industry Study with Forecasts for 2018 & 2023 Page Order now, click here! 5.3 Global PET Resin Price by Type (2013-2018) 5.4 Global PET Resin Production Growth by Type (2013-2018) 6 Global PET Resin Market Analysis by Application 6.1 Global PET Resin Consumption and Market Share by Application (2013-2018) 6.2 Global PET Resin Consumption Growth Rate by Application (2013-2018) 6.3 Market Drivers and Opportunities 6.3.1 Potential Applications 6.3.2 … Annual global polymer resin and fiber production (plastic production), measured in metric tonnes per year. Table. As a consequence, key things to watch will be the performance of copper mines and smelters and the price of copper on the exchanges as well as trends in treatment charges and premia. ", Essential Chemical Industry, Forecast of polyethylene production worldwide in 2018, by region (in million metric tons) Statista, https://www.statista.com/statistics/682105/global-polyethylene-production-forecast-by-region/ (last visited January 07, 2021), Forecast of polyethylene production worldwide in 2018, by region, Global cumulative production of plastic 1950-2050, Global plastic production by feedstock type 2018, Distribution of global plastic production by type 2018, Global polyethylene terephthalate production capacity by leading company 2017, Global polyethylene terephthalate production capacity distribution by region 2017, Global demand for polyethylene terephthalate 2010-2030, Global production volume of HDPE resin 2016-2022, Global high-density polyethylene new production capacity by country 2019-2021, Global market value of low density polyethylene 2018 & 2024, Global low-density polyethylene production capacity by manufacturing plant 2017, Distribution of global LDPE and LLDPE consumption by end use 2017, Global low-density polyethylene new production capacity by country 2019-2021, PVC consumption volume worldwide 2016-2022, Global PVC consumption by application 2017, PVC consumption volume worldwide by region 2017, Global polystyrene market value forecast 2016-2022, Global production capacity of polystyrene 2018 & 2024, Global production capacity of expandable polystyrene 2018-2024, Global market value of polyethylene 2017 & 2024, Global polypropylene market value 2018 & 2026, Global polycarbonate market value 2018-2027, Global plastic consumption volume by application 2017, Global distribution of plastic consumption by application 2017, Global share of plastic consumption by class 2018, Global consumption growth rate of selected materials 2018-2050, Global plastic recycling market value 2018 & 2024, Global market for recycled plastic and waste to oil 2014-2024, Global market value of post-consumer recycled plastics 2019 & 2024, Plastic industry environmental impact worldwide selected figures 2014 & 2050, Global polyethylene terephthalate production distribution by region 2016, Global share of polyethylene demand by region 2016, Forecast global distribution of polyethylene demand by region 2022, Forecasted global polyethylene demand by region 2022, Global distribution of polyethylene demand by application 2016, Global leading importing countries of polyethylene polymers 2015, PET film export volume - India by country 2013, Polyethylene terephthalate plates: sales volume in the United Kingdom (UK) 2010-2018, PEF global CAGR forecast by select country 2019-2025, Polyethylene glycols: export value in the United Kingdom (UK) 2010-2019, PEF global market value by application 2017-2025, Forecast of polyethylene production worldwide in 2018, by region (in million metric tons), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. We expect an increase of 39% in the net-imports of polyethylene into Europe in 2018. Of the 8 million tons of expected polyethylene projects, approximately 4 million tons capacity began the production in 2017. In 2017, the global Polyethylene (PE) Gloves market size was million US$ and is forecast to million US in 2025, growing at a CAGR of from 2018. 2018 in Paris, for the comments and reviews provided to this report. As a Premium user you get access to the detailed source references and background information about this statistic. A paid subscription is required for full access. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Update, Insights into the world's most important technology markets, Advertising & Media Outlook Overall, the new tax structure is poised to positively impact the long-term domestic demand growth prospects for polyethylene resin. Gains will match overall world economic growth, fueled by an acceleration in consumer spending and manufacturing activity. Table. As a Premium user you get access to background information and details about the release of this statistic. We forecast 10% additional year-on-year growth for the China domestic polyethylene market in 2018. 30% ChinaAfrica 4% Japan 17% Rest of Asia NAFTA 18% Latin America 3% Asia 4% Europe … China is looking to recycle its accumulated plastics waste efficiently. Tight oil will also enter its second great phase of growth – with implications for global oil markets. 5.3 Global Polyethylene Price by Type (2013-2018) 5.4 Global Polyethylene Production Growth by Type (2013-2018) 6 Global Polyethylene Market Analysis by Application 6.1 Global Polyethylene Consumption and Market Share by Application (2013-2018) 6.2 Global Polyethylene Consumption Growth Rate by Application (2013-2018) 6.3 Market Drivers and Opportunities 6.3.1 Potential … The United States polyethylene producers are likely to use the contingency ports for export such as Charleston, Savannah and Los Angeles / Long Beach increasingly in 2018, which will help secure containers economically. This year promises to be even more dynamic for lead markets than 2017, with the acute shortfall in concentrate supply sparking a decline in refined lead availability, helping to push the price up to a 6½-year high. Chart. Last year, China domestic demand grew at 11% year-on-year, thanks to organic plastic demand growth and virgin plastic demand growth related to the “National Sword” campaign (an initiative to reduce imports of foreign waste products and smuggled goods). According to the latest market data compiled by European Bioplastics in cooperation with the research institute nova- Institute, global bioplastics production capacity is set to in- crease from around 2.11 million tonnes in 2018 to approxi- mately 2.62 million tonnes in 2023. This model uses data on global plastic production, emissions into the ocean by plastic type and age, and transport and degradation rates to map not only the amount of plastic in different environments in the ocean, but also its age. GlobalData identifies North America as the second highest in terms of polyethylene capacity additions in the global polyethylene industry. "Forecast of polyethylene production worldwide in 2018, by region (in million metric tons)." Plastic packaging is considered one of the main sources of waste. Many producers will use the majority of 2018 to improve the market share in the Asian markets for differentiated products such as mLLDPE and higher-alpha-olefins LLDPE. The North American polyethylene supply chain participants have been anticipating the onslaught of new resin capacity for the last 5-7 years. Table. The other leading regions are Europe (17%) & North America (17%). We use cookies on the public areas of our website. New, Everything you need to know about the industry development, Find studies from all around the internet. Chapter 7: Metallocene Polyethylene Market Status and SWOT Analysis by Regions. For example, many companies are evaluating the switch of mLLDPE from the older assets into the newer assets. We cover a diverse range of industry sectors and focus areas across the entire natural resources value chain. Sign In, Global upstream: 5 things to look for in 2018. In 2018, global plastics production almost reached 360 million tonnes. In recent months lead concentrate TCs dropped to historical lows and much of the global market dynamics will depend on whether primary smelters outside China choose to sacrifice volume to support TCs. Inland logistics is likely to be more efficient with the implementation of the GST, which will lead to more expansions and new investments in the plastics manufacturing facilities. Subscribe to our trusted data and analysis for global energy, chemicals, metals and mining industries. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from, Plastic material production worldwide by region 2019. In Europe, plastics production almost reached 62 million tonnes. In this report, the global Polyethylene Packaging market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a … Please do not hesitate to contact me. We already see some of this coming true, for example, in case of Europe, the spread between ethylene prices and contract HDPE were over than $200 per tonne until September 2017. New polyethylene exports in the second half of 2017 had been very limited due to the impact of the Hurricane that caused domestic polyethylene converter to enter the market with large purchasing quantities. Due to large inventories, we expect HDPE spot-export FOB Houston price to drop from $1,100/ton in Dec 2017 to $910/ton by the end of 2018. Asia Pacific was the largest region in the plastic products manufacturing market in 2017, accounting for around 45% of the total market. Some of the ethylene-polyethylene complexes were severely impacted due to the Hurricane Harvey, which led to delays in 2017. The ideal entry-level account for individual users. Natural resources research for financial services, Oil Field Services & Original Equipment Manufacturers, 2020 Featured Reports - Power & Renewables. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Learn more about how Statista can support your business. Of the 8 million tons of expected polyethylene projects, approximately 4 million tons capacity began the production in 2017. Starting up of the steam cracker will be essential in ramping up the polyethylene operating rates. We expect an increase of 39% in the net-imports of polyethylene into Europe in 2018. 5 World Polyethylene Production by Region, 2003-2023 .....94 inDuStry StructurE 1 World Polyethylene Market Share by Company, 2013.....369 List of Charts List of Tables. Low oil prices and large volumes entering the international markets from the United States will only support the use of the virgin polyethylene. The report provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market. But rapid growth does not come without its challenges. The majority of this increase is attributed to increasing virgin plastics consumption post the ban on the scrap plastics imports. Please authenticate by going to "My account" → "Administration". By continuing to browse the site you are agreeing to our use of cookies. Plastics – the Facts is an analysis of the data related to the production, demand and waste management of plastic materials. The top importer of PET resin among Asia region was … Forecast of polyethylene production worldwide in 2018, by region (in million metric tons) [Graph]. Our recently revised increase in crude oil price forecasts will result in better US-based polyethylene margins than anticipated in our latest update. As a result, the large incorporation of the metallocenes and high-alpha-olefins-LLDPE (from the United States) into European extrusion lines is likely to be muted until the second half of 2018. From 2003 to 2013, global polyethylene production capacity shifted away from North America and Western Europe to the Africa/Mideast and Asia/Pacific regions, where energy and feedstock costs were lowest and demand was growing the fastest. If you would like to learn more about how we use cookies and how you can manage them, see our Cookie policy. You need a Single Account for unlimited access. In the case of LLDPE, we expect that Europe will take more time to accept change in film ext… Reduced plastic waste imports will lead to higher levels of domestic recycling for Chinese recyclers. Net-net it will reduce the overall availability of domestically sourced recycled polyethylene volume in China in 2018. Help us do this work by making a donation. The global bio … The pace of North American investments in ethylene and polyethylene will be critical. The regulation change in China will accelerate the demand for the virgin polyethylene in 2018. 2018-2023 Import and Export of Polyethylene … In, Essential Chemical Industry. 2018-2023 Chinese Share of Global Polyethylene GlycolPEG Production . Global demand for polyethylene resins – HDPE, LLDPE and LDPE – will rise 4% per year to 99.6 million metric tons in 2018, valued at $164 billion. 2018-2023 Global Polyethylene GlycolPEG Production Value and Growth Rate. They let you easily navigate your way around the site and allow us to improve its performance, or even recommend content we believe will be of most interest to you. 2017 was the year the upstream industry began to feel a bit better about itself again. DUBLIN, March 16, 2018 /PRNewswire/ -- . It is expected to increase from 23.15 million tpy in 2018 to 33.82 million tpy in 2023, at an AAGR of 7.6%. So as we head towards 2018 with prices bouncing above US$60/bbl, is there grounds for renewed optimism? This market research study provides detailed qualitative and quantitative analysis of the global polyethylene market. We expect that the market will start seeing the effect of large stockpiles of polyethylene soon, which will be exported in large volumes after the Chinese New Year. 2018-2023 Global Supply and Consumption of Polyethylene GlycolPEG. facts. Polyethylene will continue to be the most widely used plastic resin in the world, benefiting from its versatility, easy processability, low cost, and recyclability. Accessed January 07, 2021. https://www.statista.com/statistics/682105/global-polyethylene-production-forecast-by-region/, Essential Chemical Industry. However, significant optimisation will occur after 2018. We assess the five key things to look for in 2018. With a high strength-to-density ratio, HDPE is used in the production of plastic bottles, corrosion-resistant piping, geomembranes, and plastic lumber. Statista. New, Figures and insights about the advertising and media world, Industry Outlook Our World in Data. Some of the LDPE exports of Europe will give way to the United States when DowDupont’s new LDPE facility starts up in Q2-2018. Following a decade of decline, North America will add nine million tons of production capacity through 2023. You can only download this statistic as a Premium user. (April 27, 2017). Already have a subscription? Many global polyethylene producers will optimise their production assets to effectively respond to the changing market dynamics. You only have access to basic statistics. Polyethylene production forecast worldwide by region 2018 Published by M. Garside, Aug 4, 2017 This statistic shows the forecast production of polyethylene (PE) worldwide in 2018, … April 27, 2017. The lowered corporate tax in the United States starting in 2018, when aligned with low polyethylene resin prices, will be supportive of the further justification of plastics manufacturing facilities. The objectives of this study are to define, segment, and project the size of the Polyethylene (PE) Gloves market based on … After Q3, we started seeing narrower spreads as the volumes from the United States and the Middle East began impacting the domestic margins. and over 1 Mio. Global high-density polyethylene new production capacity by country 2019-2021 The most important statistics Global market value of low density polyethylene 2018 & 2024 With 359 million tonnes placed on the market in 2018, the sector recorded a 3.2% increase compared to the previous year. We expect that polyethylene logistics infrastructure will be challenged in the first quarter of 2018. Global polyethylene demand will rise 4.0 percent yearly to 99.6 million metric tons in 2018. 2018-2023 Global Polyethylene GlycolPEG Capacity Production Cost Profit and Gross Margin List. Chapter 8: Competitive Landscape, Product Introduction, Company Profiles, … Register in seconds and access exclusive features. The global high density polyethylene (HDPE) market reached a value of US$ 63 Billion in 2017. Recommended citation: UN Environment (2018). Then you will be able to mark statistics as favourites and use personal statistics alerts. The global plastic products manufacturing market was valued around $998 billion in 2017. More recycle facilities are investing in the United States and Europe, and it will lead to greater recycled polyethylene volume in the region during the second half of 2018. We help our clients address their most pressing strategic and commercial challenges. This is particularly important in a year in which we have a significant volume of labour contracts under negotiation. Polyethylene production (both HDPE & LDPE) in Europe is anticipated to increase marginally (≈1-2%) for FY 2018 and FY 2019. Global production regions of PP are mainly concentrated in Asia (China, India Others), South America, Europe and USGC (USA, Cuba). *Source: Plastics … Increase in polyethylene production is likely to … From the monomer feedstock side, only 2 million tons of new ethylene capacity started the production, but several new ethylene plants are scheduled to start-up in Q1/Q2 of 2018. However, in 2018, while the world order for recycling plastics is rearranging, we anticipate more demand will need to be met by the virgin polyethylene. 2018 will be a year of volatility. A new report: the "Global Bio-based Polyethylene Terephthalate Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026" has been added to ResearchAndMarkets.com's offering. As soon as this statistic is updated, you will immediately be notified via e-mail. This statistic is not included in your account. From the monomer feedstock side, only 2 million tons of new ethylene capacity started the production, but several new ethylene plants are scheduled to start-up in Q1/Q2 of 2018. HDPE is commonly recycled, and has the number \"2\" as its resin identification code. The "Polypropylene (PP): 2018 World Market Outlook and Forecast up to 2022" report has been added to ResearchAndMarkets.com's offering.. The … Investment is stabilising and new project sanctions are on the up, a key barometer for confidence in the sector. Additionally, shipping companies, port authorities, rail and trucking companies are also well aware of additional 5 million tons of polyethylene. The impact of India’s Goods & Service Tax (GST) will be more visible in 2018 as the initial “teething problems” are in the rearview mirror. We are expecting 2018 to be a positive year in China market due to net-reduction in the recycled polyethylene volumes. Almost all of the bagging companies have invested in expanding the bagging machines, upgrading their machines with high-speed lines and expanded rail-yards to accommodate a large number of railcars. At a global level, plastic production is increasing. The Asia/Pacific region will remain the largest and fastest growing market, driven by China. For North American domestic polyethylene prices, we expect 2018 would see a downward pressure due to the high level of inventories from the additional new capacity (an increase of approximately 4 million tons). Essential Chemical Industry. We forecast a 115kt deficit in the refined lead balance in 2018, after a 119kt deficit last year, and do not expect to see the market move back into surplus until 2020, which will help sustain higher lead prices. We deliver real-time and historical data, forecasts, analytical insight, tools and software solutions. You need at least a Single Account to use this feature. Global polyethylene industry is forecast to grow at 3.71% CAGR whereas the polypropylene market is set to grow at 8.85% CAGR for the period 2013-2018. Global polyethylene demand to exceed 100 million metric tonnes in 2018, says IHS Markit study Sustainability efforts around plastics will, in fact, have significant implications for the entire petrochemical value chain, extending to feedstock markets, according to initial research from IHS Markit, the global business information provider. Directly accessible data for 170 industries from 50 countries Latest; About; Donate; All charts; Sustainable Development Goals Tracker; Coronavirus pandemic: daily updated research and data. Do this work by making a donation reports to address business challenges and make better commercial decisions with objective,! Full access to dossiers, forecasts, studies and international data a global level, plastic is! By region ( in million metric tons ). Thermosets, Elastomers, Adhesives, Coatings and and. Source references and background information and details about the release of this increase attributed! 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