Global PE Resins Market to Reach US$ 181 Billion, by 2027 - Future Market Insights

Global PE Resins Market to Reach US$ 181 Billion, by 2027 - Future Market Insights

PR Newswire

VALLEY COTTAGE, New York, December 7, 2017

VALLEY COTTAGE, New York, December 7, 2017 /PRNewswire/ --

As per the fact based research report titled "PE Resins Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)" crafted by Future Market Insights, the global market is anticipated to reach a significant valuation by the end of the year of assessment. The research report focusses on market trends, opportunities, drivers and restraints that have a direct or indirect influence on the growth of the global PE resins market. According to the report, to leverage the surge in demand for PE resins, manufacturers across the globe are focusing on expansion in PE resin production capacity.

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Additionally, falling crude oil prices across the globe have created opportunities for manufacturers of HDPE, LDPE, LLDPE and TPE resins. Falling crude oil prices have significantly reduced the raw material cost for resin manufacturers. Crude oil prices are expected to remain low for a few years, attributed to the shrinking demand from Chinese refineries and increasing production capacity in North America. To gain benefit from this global scenario, PE resin manufacturers need to do a deep dive analysis of the market and build cost models.

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The research report covers analysis of various market segments across key regions in the globe, such as North America, Eastern Europe, Latin America, Western Europe, Asia Pacific excluding Japan (APEJ), Japan and Middle East and Africa (MEA). The in-depth market segmentation coupled with historical data and future market projections from value and volume perspectives for a period of 10 years delivers a comprehensive research approach that the reader can use to establish a global footprint.

Global Market Study on PE Resins: Competitive Analysis 

The research report on the global PE resins market covers an in-depth analysis on the key players operating in the market. These include companies such as Exxon Mobil Corp., E.I. du Pont de Nemours & Co., LyondellBasell Industries NV, LG Chem Ltd., Formosa Plastics Corporation, The Dow Chemical Company, Braskem S.A, Saudi Arabia Basic Industries Corporation, Ineos Group Limited, LANXESS Corporation, Chevron Phillips Chemical Co. LLC, Saudi International Petrochemical Company - Sipchem, Borouge, Versalis S.p.A., NOVA Chemicals Corporation and BASF SE. The market intelligence on these players covers aspects such as SWOT analysis, product portfolio analysis, key developments, innovations, geographical spread, marketing strategies, pricing analysis and other key financials.

Global Market Study on PE Resins: Segmental Snapshot 

The global PE resins market is segmented on the basis of resin type, end use and region.

Browse Research Release at https://www.futuremarketinsights.com/press-release/pe-resins-market

Global Market Study on PE Resins: Forecast Analysis 

According to the research report, the global market for PE resins is anticipated to reach a value of more than US$ 180 Bn by the end of 2027 and is projected to grow at a CAGR of 3.5% during the 2017-2027 timeline.

Global Market Study on PE Resins: Dynamics Influencing Growth 

Various aspects are responsible for changing the dynamics of the global market. Factors such as building cross border trade spurring the demand of LLDPE and rising construction industry across various regions have positively influenced the growth of the global PE resins market.

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