You're contacting media contact of this press release

Title: Current and Future Polyethylene Production Capacity by Region and Feedstock Type Ethane Naphtha Bio-based

Pune, Maharashtra, India, 18th Jun 2025 - The Polyethylene market was valued at USD 145,920 Million in 2024 and is projected to grow to USD 224,488 Million by 2030, with a compound annual growth rate (CAGR) of 7.4% from 2024 to 2030. In terms of volume, the market recorded a sale of 100.63 Million Metric tons in 2024 and is estimated to reach a volume of 147.69 Million metric tons by 2030 with a CAGR of 6.6%.For complete details on production capacity and consumption visit: https://marksparksolutions.com/reports/polyethylene-marketCountries such as China, Saudi Arabia, and the United States have notably increased their polyethylene production capabilities through the establishment of new large-scale facilities. China is making significant investments in self-sufficiency by developing integrated refinery-petrochemical complexes to enhance domestic output. In the United States, producers are capitalizing on readily available shale gas feedstock to expand ethylene and polyethylene capacities, aiming to serve both domestic markets and export opportunities. Meanwhile, Middle Eastern producers are maintaining their competitive edge in global markets thanks to low-cost feedstocks. These expansions are being supported by innovations in catalyst technologies and improvements in process efficiency, enabling high-throughput production of customized polyethylene grades. However, this swift increase in capacity has resulted in periods of oversupply, leading to pricing pressures and tighter profit margins. Despite these challenges, the long-term outlook remains optimistic, driven by rising demand from sectors such as flexible packaging, construction, and healthcare. Future expansions are expected to emphasize sustainability, with new facilities designed to accommodate recyc...

This press release is issued by King Newswire