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Location:Home > News

PE resin global demand rose at a 4.0% annual rate

时间:2014/11/10 10:21:57   From:   View:1919

  According to Mr Virginia group (Freedonia), PE resin (HDPE, LLDPE, LDPE) global demand rose at a 4.0% annual growth, 2018 to 2018 tons, the market value of $164 billion. Demand growth in consumer spending and the stimulation of manufacturing activity, growth in line with the overall global economic growth.

  PE, because of its versatility, easy processing, low cost and recycled, is still the world's most widely used a resin. New energy such as shale gas manufacturing ethylene will provide the price advantage to PE. And the constant improvement of the polymerization catalyst technology will strengthen PE resin performance, service customization and production. In three kinds of PE resin, and the application of HDPE is more extensive, in 2013, in the aggregate demand accounted for almost half.

  But analysts KentFurst pointed out that in the future, PE needs further growth will be limited to the following factors: "PE is a highly commercialized and mature products, in the foreseeable future, is likely to appear a large number of new applications. In addition, like all plastic, PE are negative, environmentalism consumers PE major applications, such as plastic bags, have been increasingly controls and banned."

  Regional strong demand growth in China, in 2018, will continue to be a global PE market growth in the asia-pacific region's largest, fastest growing regions. In 2013, the Chinese PE resin demand accounted for about a quarter of the total global demand. India and Vietnam are the world's fastest PE resin market expansion area. However, compared to 2008-2013, most Asian emerging market demand growth will slow down. North America, on the other hand, PE resin demand will surge, Western Europe and Japan will rebound from the recent decline.

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