Rising Chinese demand represents 10 million metric tons of
IHS, a respected third party research firm, noted that global demand for polyethylene was around 92 million metric tons at the beginning of 2017. Rising use of plastic packaging in developing markets on the back of rising incomes and strong macroeconomic conditions, especially in China and India, will help increase global polyethylene demand by 4.2% annually through 2021 to 113 million metric tons per year. Rising Chinese demand represents 10 million metric tons of that polyethylene demand growth..
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