Australia Polyethylene Market, By Type (High Density Polyethylene [HDPE]; Low Density Polyethylene [LDPE]; Linear Low-Density Polyethylene [LLDPE] & Others), By Application (Blow Moulding, Pipe Extrusion, Film Extrusion, Rotational Moulding, Injection Moulding) By Region, Competition, Forecast & Opportunities, 2024
Australia polyethylene market was valued at $ 2.1 billion in 2018 and is forecast to reach $ 3.8 billion by 2024. Polyethylene is a thermoplastic polymer obtained from ethylene molecules and is generally used for packaging purposes. It has excellent mechanical, chemical and electrical properties, besides being cheap and offering high electrical and chemical resistant. Australia is the world’s driest inhabited country. In order to meet the water scarcity problems rainwater harvesting is quite prevalent in the country. This rainwater is stored in large tanks & containers which are made from polyethylene. This serves as a major driving factor for the polyethylene market in Australia. Additionally, increase in manufacturing of pipes & fittings to prevent water loss in agricultural area would further steer market growth in the coming years.
The Australia Polyethylene market is segmented based on type, application, 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).
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.Based on region, the market can be fragmented into New South Wales; Victoria; Tasmania; Western Australia; Queensland; & Southern Australia.
Victoria dominates the market followed by New South Wales. This can be accredited to the presence of a large number of plastic manufacturers in these regions.
Major players operating in Australia polyethylene market are Qenos Pty Ltd, Chevron Phillips Chemical Pty Ltd., Thai Polyethylene Co., Ltd, PTT Global Chemical Plc, ExxonMobil Australia Pty Ltd, LyondellBasell Australia Pty Ltd, Eni Australia Ltd, and PRPC Polymers (Petronas Chemical Group).
• To analyze and forecast the market size of Australia polyethylene market.
• To classify and forecast Australia polyethylene market based on type, region, application, company and regional distribution.
• To identify drivers and challenges for Australia polyethylene market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Australia polyethylene market.
• To conduct pricing analysis for Australia polyethylene market.
• To identify and analyze the profile of leading players operating in Australia polyethylene market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers across the country.
Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.
Through this technique, the analyst could include the manufacturers which could not be identified due to the limitations of secondary research. The analyst examined the manufacturers, distribution channels and presence of all major players across the country.
The analyst calculated the market size of Australia polyethylene market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.
Key Target Audience:
• Australia polyethylene manufacturers and suppliers
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to polyethylene
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, Australia polyethylene market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Market, By Type:
o High Density Polyethylene (HDPE)
o Low Density Polyethylene (LDPE)
o Linear low-density polyethylene (LLDPE)
• Market, By Application:
o Blow Moulding
o Pipe Extrusion
o Film Extrusion
o Rotational Moulding
o Injection Moulding
• Market, By Region:
o New South Wales
o Western Australia
o Southern Australia
Company Profiles: Detailed analysis of the major companies present in Australia polyethylene market.
With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:
• Detailed analysis and profiling of additional market players (up to five).
Our reports have been used by over 10K customers, including:
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