Global Polyethylene Market Size & Outlook, 2024-2030

The global polyethylene market size was estimated at USD 159,887.1 million in 2024 and is projected to reach USD 213,769.4 million by 2030, growing at a CAGR of 5% from 2025 to 2030.
Revenue, 2024 (US$M)
$159,887.1
Forecast, 2030 (US$M)
$213,769.4
CAGR, 2025 - 2030
5%
Report Coverage
Worldwide

Global polyethylene market highlights

  • The global polyethylene market generated a revenue of USD 159,887.1 million in 2024 and is expected to reach USD 213,769.4 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 5% by 2030.
  • In terms of segment, high-density polyethylene (hdpe) accounted for a revenue of USD 79,463.5 million in 2024.
  • Linear Low-density Polyethylene (LLDPE) is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, Australia is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 159,887.1 million
Market revenue in 2030USD 213,769.4 million
Growth rate5% (CAGR from 2025 to 2030)
Largest segmentHigh-density polyethylene (hdpe)
Fastest growing segmentLinear Low-density Polyethylene (LLDPE)
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLow-density Polyethylene (LDPE), High-density Polyethylene (HDPE), Linear Low-density Polyethylene (LLDPE)

Other key industry trends

  • In terms of revenue, the North America accounted for 19.1% of the global polyethylene market in 2024.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Australia is the fastest growing regional market and is projected to reach USD 2,836.1 million by 2030.

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Polyethylene Market Companies

Name Profile # Employees HQ Website
China Petrochemical Corporation View profile - - -
Borealis View profile 5001-10000 Vienna, Wien, Austria, Europe https://www.borealisgroup.com
MOL Group View profile 10001+ Budapest, Budapest, Hungary, Europe http://molgroup.info/en/
Basf SE ADR View profile 111855 Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 https://www.basf.com
INEOS View profile 10001+ Rolle, Geneve, Switzerland, Europe http://www.ineos.com/
Formosa Plastics Group View profile 1001-5000 Taipei, T'ai-pei, Taiwan, Asia https://www.fpg.com.tw/
SABIC View profile 10001+ Riyadh, Ar Riyad, Saudi Arabia, Asia http://www.sabic.com
Mitsubishi Chemical Group Corp View profile 74632 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 https://www.mcgc.com
LG Chem View profile 10001+ Seoul, Seoul-t'ukpyolsi, South Korea, Asia https://www.lgchem.com
Exxon Mobil Corp View profile 61500 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 https://www.exxonmobil.com
LyondellBasell Industries NV Class A View profile 20000 One Vine Street, 4th Floor, London, United Kingdom, W1J0AH https://www.lyondellbasell.com
Dow Inc View profile 35900 2211 H.H. Dow Way, Midland, MI, United States, 48674 https://www.dow.com
Braskem SA ADR View profile 8569 Rua Lemos Monteiro, 120-24 Andar, Butanta, SP, Brazil, CEP 05501-050 https://www.braskem.com.br

Global polyethylene market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polyethylene market will help companies and investors design strategic landscapes.


High-density polyethylene (hdpe) was the largest segment with a revenue share of 49.7% in 2024. Horizon Databook has segmented the Global polyethylene market based on low-density polyethylene (ldpe), high-density polyethylene (hdpe), linear low-density polyethylene (lldpe) covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Polyethylene Product Outlook (Revenue, USD Million, 2018-2030)
    • Low-density Polyethylene (LDPE)
    • High-density Polyethylene (HDPE)
    • Linear Low-density Polyethylene (LLDPE)
  • Global Polyethylene Application Outlook (Revenue, USD Million, 2018-2030)
    • Bottles & Containers
    • Films & Sheets
    • Bags & Sacks
    • Pipes & Fittings
    • Others
  • Global Polyethylene End Use Outlook (Revenue, USD Million, 2018-2030)
    • Packaging
    • Construction
    • Automotive
    • Agriculture
    • Consumer Electronics
    • Others

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Target buyers of Global polyethylene market databook

  • Our clientele includes a mix of polyethylene market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global polyethylene market , including forecasts for subscribers. This global databook contains high-level insights into Global polyethylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global polyethylene market size, by regions, 2018-2030 (US$M)

Top 10 countries: Polyethylene market size, 2024 (US$M)

Global polyethylene market share, by product, 2024 & 2030 (%, US$M)

Polyethylene market: Opportunity assessment by country

Global polyethylene market, by region, 2024 (US$M)

Global polyethylene market size, by regions, 2018-2030 (US$M)

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