CLEVELAND, Jan. 18, 2019 /PRNewswire/ -- Polyethylene resin demand in the US is forecast to increase 1.7% annually in volume terms through 2022, according to Polyethylene: United States, a report recently released by Freedonia Focus Reports. Positive macroeconomic conditions will increase shipments of manufactured goods, boosting demand for polyethylene packaging. In addition, increasing housing construction activity is expected to boost demand for polyethylene in building products such as pipe. However, limited opportunities to penetrate new domestic markets and ongoing source reduction efforts in the packaging industry are forecast to restrain further sales growth. In addition, polyethylene producers will continue to face strong competition from manufacturers of alternative resins (such as polypropylene) and other materials (e.g., paper).
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High-density polyethylene (HDPE) is projected to remain the largest product segment through 2022. Expanding consumer spending will spur sales of HDPE for the production of housewares, packaging film, and other products.
These and other key insights are featured in Polyethylene: United States. This report forecasts to 2022 US polyethylene demand and shipments in pounds, demand in nominal US dollars at the producer level, and prices. Total demand in volume and value terms is segmented by resin type in terms of:
- high-density polyethylene (HDPE)
- linear low-density polyethylene (LLDPE)
- low-density polyethylene (LDPE)
Total demand in volume terms is also segmented by market as follows:
- consumer and institutional products
- building products
- other markets, such as electrical and electronic products, industrial goods, and transportation equipment
To illustrate historical trends, total demand, total shipments, the various segments, prices, and trade are provided in annual series from 2007 to 2017.
Ultra-high-molecular-weight polyethylene is excluded from the scope of this report, as are other polyethylene copolymers such as ethylene vinyl acetate (EVA) and polyolefin elastomers/plastomers. Recycled polyethylene is also excluded. Re-exports of polyethylene are excluded from demand and trade figures.
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Materials & Chemicals reports can be purchased at Freedonia Focus Reports or MarketResearch.com.
Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
- total historical market size and industry output
- segmentation by products and markets
- identification of market drivers, constraints, and key indicators
- segment-by-segment outlook in five-year forecasts
- a survey of the supply base
- suggested resources for further study
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SOURCE The Freedonia Group