Precedence Research recently published a report on “Polyolefin Market (By Type: Polyethylene, Polypropylene, Polyolefin Elastomer, and Ethylene Vinyl Acetate; By Application: Film & Sheet, Injection Molding, Blow Molding, and Profile Extrusion) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2021 – 2030, The global polyolefin market size is projected to reach USD 400 billion by 2030 from an estimated USD 240 billion in 2020, at a CAGR of 9.7% from 2021 – 2030.
The market revenue/volume with the help of widespread quantitative and qualitative insights, and forecasts of the market. This report presents breakdown of market into forthcoming and niche segments. Additionally, this research study gauges market revenue growth and its drift at global, regional, and country from 2017 to 2030. This research report evaluates polyolefin market on a global and regional level. It offers thorough analysis of market status, growth and forecast of the global polyolefin market for the period from 2017 to 2030.
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Crucial factors accountable for market growth are:
Regional Snapshots
Asia Pacific dominated the global polyolefin market in 2020 and projected to augment the market in the coming years. The prime factor attributed for its growth is rapid industrialization, heavy investments in infrastructure, rapid urbanization, growth of e-commerce, and growth of the automotive industry in the region. Many people in Asia Pacific are still dependent on agriculture, therefore there is a huge potential for the growth of the films and sheets segment in the Asia Pacific region.
The North America and Europe polyolefin market is augmented by the packaging, automotive, construction, and transportation industries. Moreover technological advancements in developing sustainable plastic solutions offer lucrative growth opportunities to the key market players in the region. Furthermore, the growing adoption of electric vehicle is augmenting the demand for polyolefin for its durability and lightweight properties. This will significantly boost the demand for the polyolefin in the forthcoming years.
Report Highlights
Recent Developments
Market Dynamics
Drivers
The growth of the polyolefin market is highly influenced by the sales revenue of the films and sheets application. The film and sheet is one of the major driving force of the market. The increased demand for the films and sheets segment from the majority of the industries such as packaging, agriculture, cosmetics, construction, and automotive industries is driving the growth of the global polyolefin market. Polypropylene, polyethylene, and ethylene vinyl acetate are easily available and the most demanded film and sheets material owing to their strength and cheap prices. Moreover, increasing demand from the developing nations is further expected to fuel the market growth.
Restraints
One of the major restraints of the polyolefin is growing environmental concerns due to huge amount of plastic wastes. The government initiatives to reduce the use of plastic are a key restraining factor. Further, the huge demand and shortage in supply due to factors like trade war between US and China may result in a price hike which may hamper the market growth.
Opportunities
The growing technological innovations and product developments by key players may provide growth opportunities. For instance, the development of bio-degradable and bio-based plastics is expected to be the most opportunistic development in the global polyolefin market in the foreseeable future.
Challenges
The rising initiatives for increasing awareness regarding ban of plastics is a huge challenge. The need for developing sustainable solutions is at its peak in the current market scenario. The growing usage of non-plastic materials by the consumers may constraint the market growth in future.
Scope of the Study
This polyolefin market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes market by players, type, application, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.
This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.
Key Players:
This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the polyolefin market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.
Some of the prominent players in the polyolefin market include:
Segments Covered in the Report
By Type
By Application
By Geography
Key Points Covered in polyolefin market Study:
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Polyolefin Market, By Product
7.1. Polyolefin Market, by Product Type, 2021-2030
7.1.1. Polyethylene
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Polypropylene
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Polyolefin Elastomer
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. Ethylene Vinyl Acetate
7.1.4.1. Market Revenue and Forecast (2017-2030)
7.1.5. Others
7.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Polyolefin Market, By Application
8.1. Polyolefin Market, by Application, 2021-2030
8.1.1. Film & Sheet
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Injection Molding
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Blow Molding
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Profile Extrusion
8.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Polyolefin Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2017-2030)
9.1.2. Market Revenue and Forecast, by Application (2017-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.1.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.1.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.2. Market Revenue and Forecast, by Application (2017-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.5.2. Market Revenue and Forecast, by Application (2017-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.6.2. Market Revenue and Forecast, by Application (2017-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.5.2. Market Revenue and Forecast, by Application (2017-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.6.2. Market Revenue and Forecast, by Application (2017-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.5.2. Market Revenue and Forecast, by Application (2017-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.6.2. Market Revenue and Forecast, by Application (2017-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.5.2. Market Revenue and Forecast, by Application (2017-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.5.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.5.4.2. Market Revenue and Forecast, by Application (2017-2030)
Chapter 10. Company Profiles
10.1. Sinopec Corp.
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. BASF SE
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Chevron Phillips Chemical Co.
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. ExxonMobil Corp.
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Reliance Industries
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Total SE
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Formosa Plastic Corp.
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. SABIC
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Repsol
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. LyondellBasell Industries
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
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