Australia Polyethylene Market to Grow at Steady CAGR During Forecast Period
Increasing use of
polyethylene and wide scale application across various industries to drive the
growth of Australia polyethylene market
According to
TechSci Research report, “Australia Polyethylene Market By Type, By Sales
Channel (Direct & Indirect), By Region, Competition, Forecast &
Opportunities, 2024”, the Australian polyethylene market is expected to grow at a
steady rate during the forecast period on account of its increasing demand in
the packaging industry. The key factors that are responsible for the growth of
market include demand for large containers and tanks to store rainwater, pipes
& fittings for irrigation purposes and use in various end user industries. However,
stringent ban on plastic manufacturing in Australia and import being limited to
finished and semi-finished goods instead of resins, are likely to hamper the
growth of market during forecast period.
The Australian
polyethylene market is segmented based on type, sales channel, region and
company. Based on type, the market can be segmented into High Density Polyethylene (HDPE);
Low Density Polyethylene (LDPE); Linear low-density polyethylene (LLDPE); and Others.
The HDPE segment is expected to dominate the market during forecast period
owing to their widespread use in packaging, consumer goods, fibers & textiles
packaging, pipes & fittings, among others.
Qenos Pty Ltd, Thai
Polyethylene Co., Ltd, PTT Global Chemical Plc, ExxonMobil Australia Pty Ltd, LyondellBasell
Australia Pty Ltd, Eni Australia Ltd, IRPC Public Company Limited, PRPC
Polymers (Petronas Chemical Group), Polyethylene Malaysia Sdn Bhd, Korea
Petrochemical Ind. Co., Ltd. and others are some of the
leading players operating in Australian polyethylene market. The companies
operating in the market are using organic strategies such as product launches,
mergers and collaborations to boost their share.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=4135
Customers can also request for 10% free customization
on this report.
“Australia polyethylene
market is witnessing growth on account of increasing demand for large size
containers and tanks for rainwater harvesting. Moreover, due to requirement for
flexible and cost-effective material, polyethylene is finding application in various
industries, which is further anticipated to fuel growth in the market during
forecast period.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Australia Polyethylene Market By Type (High
Density Polyethylene (HDPE); Low Density Polyethylene (LDPE); Linear
low-density polyethylene (LLDPE); Others), By Sales Channel (Direct, Indirect),
By Region, By Company, Forecast & Opportunities, 2024” has evaluated the future growth potential of Australian
Polyethylene market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in Australian Polyethylene market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]