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Global PE demand will grow rapidly in the next five years
According to CMAI, the global polymer consumption in 2009 reached 176 million tons, of which polyethylene accounted for about 38% of total consumption. In 2009, the global PE demand was close to 67 million tons, and it is expected to grow at an average annual rate of more than 5% in the next five years. By 2014, the demand will exceed 87 million tons. In 2009, the demand for high-density polyethylene (HDPE) accounted for about 17% of the total polymer demand, or about 30 million tons, while the demand for linear low-density polyethylene (LLDPE) and low-density polyethylene (LDPE) were respectively About 11% and 10%.