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Polyethylene Compound Market Trends and Forecast

The future of the global polyethylene compound market looks promising with opportunities in the pipes & fittings, wires & cables, films & sheets applications market. The global polyethylene compound market is expected to reach an estimated $16.0 billion by 2028 with a CAGR of 4.7% from 2022 to 2028. The major drivers for this market are growing residential and non-residential construction activities, increasing need for rehabilitation of the major water and wastewater infrastructure, and replacement of aging pipelines.