ITP’s analysis of commodity polymers trade projects higher global trade volume in 2024 versus 2023 for all of the polymers listed below except polystyrene, which is projected flat, and EVA and high pressure LDPE, which are projected to contract. Changes in trade volume are linked to changes in demand, production and shipping.
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Growth in HDPE, LDPE and LLDPE Global Trade Volume
Trade expanded at widely varying rates from 2017 to 2020. HDPE grew at an average annual rate of 6.5%, LDPE at 2.5%, and LLDPE at 14%.
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