Polyethylene Market is Anticipated to Grow at 4.2% CAGR During the Forecast Period
“Polyethylene Market: Global Demand Analysis & Opportunity Outlook 2024” The global polyethylene market is segmented into application such as collectors, packaging, automotive, electrical and electronics and other application. Among these segments, packaging segment accounted for the biggest segment in overall polyethylene market and is expected to seize an outstanding CAGR by the end of 2024. Likely, adoption of polythene is predicted to increase owing to increasing consumer preference towards easy-to-open and transparent packaging that can preserve and protect the food item. This factor is projected to foster the growth of global packaging polyethylene market. Global polyethylene market is anticipated to post a CAGR of 4.2% during the forecast period i.e. 2017-2024. In terms of volume, global polyethylene market has crossed 160 Million tons in 2016. Additionally, massive utilization and adoption of polythene in various end-use industries such as electronics...