Australia Polyethylene Resin Market Size and Forecast (2021 - 2031), Country Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Linear Low Density Polyethylene, Low Density Polyethylene, and High Density Polyethylene), Process (Injection Molding, Extrusion, Blow Molding, and Others), and Application (Packaging, Automotive, Construction, Consumer Goods, Electrical and Electronics, Textiles, Agriculture, Medical Devices, and Others)
The Australia polyethylene resin market is expected to grow from US$ 1.20 billion in 2023 and is projected to reach US$ 1.57 billion by 2031; it is expected to register a CAGR of 3.4% from 2023 to 2031.
A strategic shift toward reducing reliance on imports and enhancing local production capabilities is expected to boost the demand for polyethylene resins. As manufacturing activities increase, the need for raw materials such as polyethylene resins also rises. This material is essential for producing a wide range of products, from packaging materials to automotive components. This surge in demand is likely to encourage investments in local production facilities, fostering innovation and efficiency within the industry. Moreover, the emphasis on domestic manufacturing aligns with broader economic policies to boost job creation and support local businesses. By developing a robust polyethylene resin industry, Australia can meet its internal demand more effectively and position itself as a competitive player in the global market. This can lead to the expansion of export opportunities regarding polyethylene resins. In addition, local production reduces transportation costs and environmental impacts associated with importing resins, aligning with sustainability goals and enhancing the overall appeal of Australian-manufactured polyethylene products. Thus, the growing focus on domestic manufacturing in Australia is poised to create significant opportunities for the Australia polyethylene resin market during the forecast period.
The pharmaceutical sector in Australia significantly contributes to the increasing demand for polyethylene resins. Polyethylene's chemical resistance and durability are crucial for safely packaging medicines and medical devices. Major pharmaceutical manufacturers are investing in production facilities in the country. For instance, Noumed Pharma, an Australian generic drug manufacturer, established a US$ 65.3 million (100 million Australian dollars) production facility, which is expected to create 180 jobs when completed. With the ongoing advancements in healthcare and the rising consumption of pharmaceuticals, there is a growing requirement for high-quality, reliable packaging solutions, propelling the demand for polyethylene. Moreover, in the personal care industry, polyethylene is used for packaging a variety of products, from cosmetics to hygiene items. The sector's growth, driven by increasing consumer awareness and demand for diverse personal care products, is also boosting the need for polyethylene packaging. The material's versatility allows for innovative and attractive packaging designs, which are essential in this highly competitive market. Thus, the growing demand for polyethylene resin from diverse sectors for packaging purposes drives the Australia polyethylene resin market.
A few key players operating in the Australia polyethylene resin market are Saudi Basic Industries Corp, Qenos Pty Ltd, Olympic Polymers Pty Ltd, Martogg & Company, Exxon Mobil Corp, LyondellBasell Industries NV, DuPont de Nemours Inc, Lanxess AG, Chevron Phillips Chemical Company LLC, and BASF SE. Players operating in the market are highly focused on developing high-quality and innovative product offerings to fulfill customers' requirements.
The overall Australia polyethylene resin market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants, such as valuation experts, research analysts, and key opinion leaders—specializing in the Australia polyethylene resin market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
3.3 Limitation and Assumptions
4. Australia Polyethylene Resin Market Landscape
4.1 Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers:
4.3.2 Manufacturers:
4.3.3 Distributors/Suppliers:
4.3.4 OEM:
4.3.5 End Users:
4.3.6 List of Vendors in the Value Chain
5. Australia Polyethylene Resin Market – Key Market Dynamics
5.1 Australia Polyethylene Resin Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 High Demand from Diverse Industries for Packaging
5.2.2 Rapid Urbanization and Infrastructure Development
5.3 Market Restraints
5.3.1 High Reliance on Import of Plastics
5.4 Market Opportunities
5.4.1 Growing Focus on Domestic Manufacturing
5.5 Future Trends
5.5.1 Escalating Emphasis on Plastic Recycling
5.6 Impact of Drivers and Restraints:
6. Australia Polyethylene Resin Market Analysis
6.1 Australia Polyethylene Resin Market Volume (Kilo Tons), 2021–2031
6.2 Australia Polyethylene Resin Market Volume Forecast and Analysis (Kilo Tons)
6.3 Australia Polyethylene Resin Market Revenue (US$ Million), 2023–2031
6.4 Australia Polyethylene Resin Market Forecast and Analysis
7. Australia Polyethylene Resin Market Volume and Revenue Analysis – by Type
7.1 Linear Low Density Polyethylene
7.1.1 Overview
7.1.2 Linear Low Density Polyethylene: Australia Polyethylene Resin Market – Volume and Forecast to 2031 (Kilo Tons)
7.1.3 Linear Low Density Polyethylene: Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Low Density Polyethylene
7.2.1 Overview
7.2.2 Low Density Polyethylene: Australia Polyethylene Resin Market – Volume and Forecast to 2031 (Kilo Tons)
7.2.3 Low Density Polyethylene: Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million)
7.3 High Density Polyethylene
7.3.1 Overview
7.3.2 High Density Polyethylene: Australia Polyethylene Resin Market – Volume and Forecast to 2031 (Kilo Tons)
7.3.3 High Density Polyethylene: Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million)
8. Australia Polyethylene Resin Market Revenue Analysis – by Process
8.1 Injection Molding
8.1.1 Overview
8.1.2 Injection Molding: Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Extrusion
8.2.1 Overview
8.2.2 Extrusion: Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Blow Molding
8.3.1 Overview
8.3.2 Blow Molding: Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others: Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million)
9. Australia Polyethylene Resin Market Revenue Analysis – by Application
9.1 Packaging
9.1.1 Overview
9.1.2 Packaging: Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million)
9.2 Automotive
9.2.1 Overview
9.2.2 Automotive: Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million)
9.3 Construction
9.3.1 Overview
9.3.2 Construction: Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million)
9.4 Consumer Goods
9.4.1 Overview
9.4.2 Consumer Goods: Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million)
9.5 Electrical and Electronics
9.5.1 Overview
9.5.2 Electrical and Electronics: Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million)
9.6 Textiles
9.6.1 Overview
9.6.2 Textiles: Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million)
9.7 Agriculture
9.7.1 Overview
9.7.2 Agriculture: Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million)
9.8 Medical Devices
9.8.1 Overview
9.8.2 Medical Devices: Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million)
9.9 Others
9.9.1 Overview
9.9.2 Others: Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million)
10. Competitive Landscape
10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration
11. Industry Landscape
11.1 Overview
11.2 Collaboration
11.3 Expansions
11.4 New Launch
12. Company Profiles
12.1 Saudi Basic Industries Corp
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Qenos Pty Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Olympic Polymers Pty Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Martogg & Company
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Exxon Mobil Corporation
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 LyondellBasell Industries NV
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 DuPont de Nemours Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Lanxess AG
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Chevron Phillips Chemical Company LLC
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 BASF SE
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
List of Tables
Table 1. Australia Polyethylene Resin Market Segmentation
Table 2. List of Vendors in the Value Chain
Table 3. Australia Polyethylene Resin Market – Volume and Forecast to 2031 (Kilo Tons)
Table 4. Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million)
Table 5. Australia Polyethylene Resin Market – Volume and Forecast to 2031 (Kilo Tons) – by Type
Table 6. Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 7. Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million) – by Process
Table 8. Australia Polyethylene Resin Market – Revenue and Forecast to 2031 (US$ Million) – by Application
List of Figures
Figure 1. Australia Polyethylene Resin Market Segmentation, by Geography
Figure 2. Porter's Five Forces Analysis
Figure 3. Ecosystem: Australia Polyethylene Resin Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Australia Polyethylene Resin Market Volume (Kilo Tons), 2021–2031
Figure 6. Australia Polyethylene Resin Market Revenue (US$ Million), 2023–2031
Figure 7. Australia Polyethylene Resin Market Share (%) – Type, 2023 and 2031
Figure 8. Linear Low Density Polyethylene: Australia Polyethylene Resin Market – Volume and Forecast to 2031(Kilo Tons)
Figure 9. Linear Low Density Polyethylene: Australia Polyethylene Resin Market – Revenue and Forecast to2031 (US$ Million)
Figure 10. Low Density Polyethylene: Australia Polyethylene Resin Market – Volume and Forecast to 2031(Kilo Tons)
Figure 11. Low Density Polyethylene: Australia Polyethylene Resin Market – Revenue and Forecast to2031 (US$ Million)
Figure 12. High Density Polyethylene: Australia Polyethylene Resin Market – Volume and Forecast to 2031(Kilo Tons)
Figure 13. High Density Polyethylene: Australia Polyethylene Resin Market – Revenue and Forecast to2031 (US$ Million)
Figure 14. Australia Polyethylene Resin Market Share (%) – Process, 2023 and 2031
Figure 15. Injection Molding: Australia Polyethylene Resin Market – Revenue and Forecast to2031 (US$ Million)
Figure 16. Extrusion: Australia Polyethylene Resin Market – Revenue and Forecast to2031 (US$ Million)
Figure 17. Blow Molding: Australia Polyethylene Resin Market – Revenue and Forecast to2031 (US$ Million)
Figure 18. Others: Australia Polyethylene Resin Market – Revenue and Forecast to2031 (US$ Million)
Figure 19. Australia Polyethylene Resin Market Share (%) – Application, 2023 and 2031
Figure 20. Packaging: Australia Polyethylene Resin Market – Revenue and Forecast to2031 (US$ Million)
Figure 21. Automotive: Australia Polyethylene Resin Market – Revenue and Forecast to2031 (US$ Million)
Figure 22. Construction: Australia Polyethylene Resin Market – Revenue and Forecast to2031 (US$ Million)
Figure 23. Consumer Goods: Australia Polyethylene Resin Market – Revenue and Forecast to2031 (US$ Million)
Figure 24. Electrical and Electronics: Australia Polyethylene Resin Market – Revenue and Forecast to2031 (US$ Million)
Figure 25. Textiles: Australia Polyethylene Resin Market – Revenue and Forecast to2031 (US$ Million)
Figure 26. Agriculture: Australia Polyethylene Resin Market – Revenue and Forecast to2031 (US$ Million)
Figure 27. Medical Devices: Australia Polyethylene Resin Market – Revenue and Forecast to2031 (US$ Million)
Figure 28. Others: Australia Polyethylene Resin Market – Revenue and Forecast to2031 (US$ Million)
Figure 29. Heat Map Analysis by Key Players
Figure 30. Company Positioning & Concentration
The List of Companies - Americas Frozen Dough Market
- DuPont de Nemours Inc
- Redbak International
- Stile Board Pty Ltd
- Bewi ASA
- Foamex Group Pty Ltd
- Kingspan Group Plc
- Koolfoam Pty Ltd
- The Foam Co
- Owens Corning
- BASF SE
- Progressive industry trends in the Australia extruded polystyrene market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the Australia extruded polystyrene market from 2020 to 2030
- Estimation of the demand for extruded polystyrene across various industries
- Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
- Recent developments to understand the competitive market scenario and the demand for extruded polystyrene compounds across Australia
- Market trends and outlook coupled with factors driving and restraining the growth of the Australia extruded polystyrene market.
- Decision-making process by understanding strategies that underpin commercial interest concerning the Australia extruded polystyrene market growth
- The Australia extruded polystyrene market size at various nodes of market
- Detailed overview and segmentation of the Australia extruded polystyrene market as well as its dynamics in the industry
- The Australia extruded polystyrene market size in different regions with promising growth opportunities