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North America Polyethylene Market Size, Share & Trends Analysis Report By Type (High-density Polyethylene (HDPE), Low-density Polyethylene (LDPE), and Linear Low-density Polyethylene (LLDPE)), By Application, By End-use, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 150 Pages
  • May 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5978546
The North America Polyethylene Market would witness market growth of 4.6% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 14,590.7 kilo tonnes, showcasing a growth of 16.6 % (2020-2023).

Polyethylene, prized for its versatility, durability, and cost-effectiveness, serves as a cornerstone material in packaging solutions worldwide. Within the packaging sector, polyethylene finds extensive utilization in industries such as food and beverage, pharmaceuticals, personal care, and e-commerce. Thus, the Canada market would utilize 4,180.4 kilo tonnes of Polyethylene by 2031.



The US market dominated the North America Polyethylene Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of$31.52 billion by 2031. The Canada market is experiencing a CAGR of 7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 6% during (2024 - 2031).

A combination of technological advancements, regulatory changes, shifting consumer preferences, and global economic conditions influences trends in the polyethylene market. For instance, there is a rising demand for sustainable and environmentally friendly polyethylene products.

Additionally, businesses, and governments are increasingly concerned about plastic pollution and seek alternatives that reduce environmental impact. This trend has led to a growing interest in bio-based polyethylene derived from renewable sources and recycled polyethylene obtained from post-consumer or post-industrial waste streams.

The construction industry in Canada drives demand for polyethylene pipes and fittings used in various infrastructure projects such as water distribution, sewage systems, and gas pipelines. Polyethylene pipes are preferred for their durability, corrosion resistance, and flexibility, making them suitable for underground and above-ground applications in residential, commercial, and municipal construction projects.

Based on Type, the market is segmented into High-density Polyethylene (HDPE), Low-density Polyethylene (LDPE), and Linear Low-density Polyethylene (LLDPE). Based on Application, the market is segmented into Bottles & Containers, Films & Sheets, Bags & Sacks, Pipes & Fittings and Others. Based on End-use, the market is segmented into Packaging, Construction, Automotive, Agriculture, Consumer Electronics and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • BASF SE
  • SABIC (Saudi Arabian Oil Company)
  • Borealis AG (OMV)
  • Braskem S.A. (Odebrecht S.A)
  • The Dow Chemical Company
  • Exxon Mobil Corporation
  • Formosa Plastics Group
  • INEOS Group Holdings S.A.
  • Mitsubishi Chemical Holdings Corporation
  • Sinopec Group (China Petrochemical Corporation)

Market Report Segmentation

By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)

  • High-density Polyethylene (HDPE)
  • Low-density Polyethylene (LDPE)
  • Linear Low-density Polyethylene (LLDPE)

By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)

  • Bottles & Containers
  • Films & Sheets
  • Bags & Sacks
  • Pipes & Fittings
  • Others

By End-Use (Volume, Kilo Tonnes, USD Billion, 2020-2031)

  • Packaging
  • Construction
  • Automotive
  • Agriculture
  • Consumer Electronics
  • Others

By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Polyethylene Market, by Type
1.4.2 North America Polyethylene Market, by Application
1.4.3 North America Polyethylene Market, by End-Use
1.4.4 North America Polyethylene Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Polyethylene Market by Type
4.1 North America High-density Polyethylene (HDPE) Market by Country
4.2 North America Low-density Polyethylene (LDPE) Market by Country
4.3 North America Linear Low-density Polyethylene (LLDPE) Market by Country
Chapter 5. North America Polyethylene Market by Application
5.1 North America Bottles & Containers Market by Country
5.2 North America Films & Sheets Market by Country
5.3 North America Bags & Sacks Market by Country
5.4 North America Pipes & Fittings Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Polyethylene Market by End-use
6.1 North America Packaging Market by Country
6.2 North America Construction Market by Country
6.3 North America Automotive Market by Country
6.4 North America Agriculture Market by Country
6.5 North America Consumer Electronics Market by Country
6.6 North America Others Market by Country
Chapter 7. North America Polyethylene Market by Country
7.1 US Polyethylene Market
7.1.1 US Polyethylene Market by Type
7.1.2 US Polyethylene Market by Application
7.1.3 US Polyethylene Market by End-use
7.2 Canada Polyethylene Market
7.2.1 Canada Polyethylene Market by Type
7.2.2 Canada Polyethylene Market by Application
7.2.3 Canada Polyethylene Market by End-use
7.3 Mexico Polyethylene Market
7.3.1 Mexico Polyethylene Market by Type
7.3.2 Mexico Polyethylene Market by Application
7.3.3 Mexico Polyethylene Market by End-use
7.4 Rest of North America Polyethylene Market
7.4.1 Rest of North America Polyethylene Market by Type
7.4.2 Rest of North America Polyethylene Market by Application
7.4.3 Rest of North America Polyethylene Market by End-use
Chapter 8. Company Profiles
8.1 BASF SE
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 SABIC (Saudi Arabian Oil Company)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 SWOT Analysis
8.3 Borealis AG (OMV)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Joint Ventures:
8.3.5.2 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Braskem S.A. (Odebrecht S.A)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Joint Ventures:
8.4.6 SWOT Analysis
8.5 The Dow Chemical Company
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.6 SWOT Analysis
8.6 Exxon Mobil Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.6 SWOT Analysis
8.7 Formosa Plastics Group
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 SWOT Analysis
8.8 INEOS Group Holdings S.A.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 SWOT Analysis
8.9 Mitsubishi Chemical Holdings Corporation
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental Analysis
8.9.4 Research & Development Expense
8.9.5 SWOT Analysis
8.10. Sinopec Group (China Petrochemical Corporation)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Research & Development Expenses
8.10.4 SWOT Analysis

Companies Mentioned

  • BASF SE
  • SABIC (Saudi Arabian Oil Company)
  • Borealis AG (OMV)
  • Braskem S.A. (Odebrecht S.A)
  • The Dow Chemical Company
  • Exxon Mobil Corporation
  • Formosa Plastics Group
  • INEOS Group Holdings S.A.
  • Mitsubishi Chemical Holdings Corporation
  • Sinopec Group (China Petrochemical Corporation)

Methodology

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