Polyethylene Market Size

Polyethylene Market size was over USD 136.95 billion in 2024 and is set to cross USD 384.9 billion by the end of 2037, growing at more than 8.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of polyethylene is estimated at USD 146.04 billion.

The growth of the market is primarily attributed to its increasing popularity, demand in the packaging, and construction industries, and rising demand for bio-based polyurethane. According to the United States Environmental Protection Agency (EPA), approximately 14.5 million tons of packaging and plastic containers were manufactured in 2018. Besides, the increasingly high demand for PE packaging of food and beverages, and growing consumer goods boost the market growth.

For instance, polyethylene's (PE) primary features include its low cost, strong electrical insulation across a wide frequency range, extremely good chemical resistance, outstanding processability, toughness, flexibility, and a major factor of transparency in thin films of specific grades. The increasing investments in the production of goods that are eco-friendly and the growing agricultural sector to propel the market growth in the forecast period. More than 40% of the executives said that the population is demanding sustainability in the textile and fashion industry.