Australia Polyethylene Market Forecast 2027 - Overall Growth & Opportunities

Australia polyethylene market was valued at $ 2.1 billion in 2021 and is forecast to reach $ 3.8 billion by 2027. 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 resistance.

The Important Elements of the Australia Polyethylene Market

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, an increase in the manufacturing of pipes & fittings to prevent water loss in agricultural areas 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 the forecast period owing to their widespread use in packaging, consumer goods, fibers & textiles packaging, and 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

• 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

• PRPC Polymers (Petronas Chemical Group).

The Objective of the Study:

• 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.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels, and presence of all major players across the country.

TechSci Research 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. TechSci Research sourced these values from industry experts and company representatives and externally validated by 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 TechSci Research.

Key Target Audience:

• Australia polyethylene manufacturers and suppliers

• Government bodies such as regulating authorities and policymakers

• 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.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022E-2027F

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

· Type

· Application

Regional scope

Victoria, Queensland, Tasmania, New South Wales, Western Australia, Southern Australia

Key companies profiled

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).

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Report Scope:

In this report, Australia polyethylene market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Market, By Type:

  • High-Density Polyethylene (HDPE)

  • Low-Density Polyethylene (LDPE)

  • 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:

  • Victoria

  • Queensland

  • Tasmania

  • New South Wales

  • Western Australia

  • Southern Australia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Australia polyethylene market.