Current and Future Polyethylene Production Capacity by Region and Feedstock Type Ethane Naphtha Bio-based
The polyethylene market has recently undergone significant expansion and transformation, driven by global overcapacity and increasing sustainability demands. Major oil and gas companies are boosting their investments in petrochemical production to diversify their revenue streams, resulting in a notable increase in global polyethylene output, particularly in regions such as China, the Middle East, and North America. This surge in production has created an oversupply situation, exerting pressure on margins and pricing. Concurrently, heightened environmental awareness and regulatory measures are steering
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