Global Ethylene Copolymers Market 2018-2022
About Ethylene Copolymers
Ethylene copolymers are formed by the polymerization of ethylene with comonomers such as vinyl, butyl, ethyl, and propylene.
Technavio’s analysts forecast the global ethylene copolymers market to grow at a CAGR of 6.57% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global ethylene copolymers market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Ethylene Copolymers Market 2018-2022
Technavio recognizes the following companies as the key players in the global ethylene copolymers market: Arkema, BASF, Celanese, DowDuPont, and Sipchem.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing popularity of waste packaging recycling. Governments across the world and regulatory bodies implement policies to improve waste management solutions. The policy formulated by the European Union (EU) aims at reducing the negative impact of waste on the environment.”
According to the report, one driver in the market is growth in food packaging industry. Packaging ensures the quality of food products and protects them from external conditions that can potentially cause damage. The increasing preference for high-quality fresh food products with long shelf lives has led manufacturers to develop safe packaging materials.
Further, the report states that one challenge in the market is volatile prices of petrochemicals. Propylene and ethylene are the two main classes of petrochemical raw materials extracted from refineries. The prices of crude oil, propylene, and ethylene are interdependent.
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