According to Stratistics MRC, the Global Polyolefins Market is accounted for $275.59 billion in 2020 and is expected to reach $582.22 billion by 2028 growing at a CAGR of 9.8% during the forecast period. Some of the factors such as growth in the solar power industry and increasing demand for Pos in various applications are propelling the market growth. However, a higher capacity to demand ratio is hampering the market growth.
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By geography, Asia-Pacific is going to have lucrative growth during the forecast period. China is one of the fastest emerging economies and has presently become one of the biggest production houses in the world. Rapid industrialization, a growing e-commerce sector, and robust demand for packaging applications in the food and beverage sector are the key factors responsible for the market growth.
Some of the key players profiled in the Polyolefins Market include Dow DuPont, Sinopec Corporation, Total SA, Arkema SA, LyondellBasell, SABIC, Chevron Phillips Chemical Company LLC, Exxon Mobil Corporation, BASF SE, Formosa Plastics Corporation, LG Chem Ltd, Japan Polypropylene Corporation, Daelim, Mitsubishi Chemical Holdings Corporation, Sasol Ltd, Tosoh Corporation, Mitsui Chemicals Incorporated, Braskem, China National Petroleum Corporation, Reliance Industries Limited, PetroChina Company Limited, Nova Chemicals Corporation, and China Petrochemical Corporation.
Types Covered:
• Functional Polyolefins
• Thermoplastic Olefins
• Polyethylene (PE)
• Polypropylene (PP)
• Polyolefin Elastomer (POE)
• Ethylene Vinyl Acetate (EVA)
• Polystyrene
• Polyvinyl Chloride (PVC)
Catalysts Covered:
• Metallocene Polyethylene (PE)
• Ziegler-Natta Polyethylene (PE)
• Chromium Polyethylene (PE)
Applications Covered:
• Film & Sheet
• Molding
• Extrusion Coating
• Fibers and Raffia
• Pipe & Extrusion
• Compounding and Wire & Cable
• Profile Extrusion
• Tapes
End Users Covered:
• Automotive & Transportation
• Building & Construction
• Plastic Modification
• Packaging
• Electronics & Electricals
• Pharmaceuticals/Medical
• Agriculture
• Health and Hygiene
• Consumer Goods
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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