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About Polyethylene
Polyethylene, also known as polythene, is the most commonly used plastic. It is chemically synthesized from ethylene. Polyethylene is used in various products, such as packaging products, pond liners, pipes, molds, wires, cables, general purpose tubes, drums, carrier bags, and household goods as it can be easily remolded. There are three major types of polyethylene: high-density polyethylene (HDPE), low-density polyethylene (LDPE), and linear low-density polyethylene (LLDPE).
TechNavio's analysts forecast the Global Polyethylene market to grow at a CAGR of 3.71 percent over the period 2013-2018.