Current Challenges for Polyethylene Market and Projects
Polyethylene is one of the most widely used plastic resins in the world, accounting for over 1/3rd of the global plastics market.
While the market has been growing in the past, it is now experiencing a reduction in price that can be traced back to several factors including trade disputes, bans on single use plastics as well as overproduction. These factors are further exacerbated by the recent outbreak of COVID-19, which has an effect on the global economy.
This 11-page Expert Insight further explores reasons for the decline as well as possible strategies to mitigate these problems.