A rapid increase in downstream processing capacity additions, primarily geared towards export markets, is projected to be the principal driver of the global demand for polyethylene in the coming years, as per Merchant Research & Consulting Ltd.
With over 40% of the demand dependent on imports, China will continue to remain the world’s largest importer of polyethylene despite lots of polyethylene capacity additions expected to come on stream in the next few years. The Middle East region is expected to emerge as the largest exporter of polyethylene in the world.
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