by Precedence Research a new report on polyolefin Market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market’s future. The global polyolefin market size was valued at US$ 262.68 billion in 2021. The global polyolefin market is projected to reach US$ 604.26 billion by 2030, registering a compound annual growth rate (CAGR) of 9.7% during the forecast period from 2022 to 2030.
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Table of Contents
Polyolefin Market Growth Factors:
Polyolefin is a synthetic polymer that is derived from the olefins. Polyolefin is the extensively used for commercial and industrial applications across the globe. Rising demand from the construction and buildings and solar power industries is augmenting the demand for polyolefin. Rapid urbanization, rapid industrialization, development of eco-friendly and bio-based plastics, and development and growth of the solar power industry are among the top driving factors responsible for the growth of the polyolefin market in the upcoming years. Polyethylene and polypropylene are two most common and widely used polyolefin across the industries owing to their flexibility and strength.
Polyolefin Market Report Scope
| Report Coverage | Details |
| Market Size By 2030 | USD 604.26 Billion |
| Growth Rate From 2021 to 2030 | CAGR of 9.7% |
| Largest Market | Asia Pacific |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Type, Application |
| Regional Scope | North America, APAC, Europe, Latin America, MEAN, Rest of the World |
The global polyolefin market report offers various segments analysis by size, trends, growth factors, opportunities and key country outlook to 2027. The report offers a detailed analysis and information as per polyolefin, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.
The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
Polyolefin Market Report Highlights
- Polyethylene segment led the global polyolefin market with 35% revenue share in 2020. Increased demand from various industries such as industrial, automotive, construction, transportation, and packaging is expected to augment polyolefin demand.
- The polypropylene segment is expected to hit remarkable CAGR during the forecast period 2021 to 2030.
- By application, film & sheet segment held the major revenue share 45% in the global polyolefin market in 2020 owing to the higher demand from the agriculture and industrial sector.
Read Also@ Silicone Market: Trends, Growth, Size, Opportunity Assessment by Forecast to 2030
Some of the prominent players in the polyolefin market include:
- Sinopec Corp.
- BASF SE
- Chevron Phillips Chemical Co.
- ExxonMobil Corp.
- Reliance Industries
- Total SE
- Formosa Plastic Corp.
- SABIC
- Repsol
- LyondellBasell Industries
Polyolefin Market Segmentation
By Type
- Polyethylene
- Polypropylene
- Polyolefin Elastomer
- Ethylene Vinyl Acetate
By Application
- Film & Sheet
- Injection Molding
- Blow Molding
- Profile Extrusion
Regional Segmentation
- Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
- Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
- North America [United States, Canada, Mexico]
- South America [Brazil, Argentina, Columbia, Chile, Peru]
- Middle East & Africa [GCC, North Africa, South Africa]
Key Questions are
- What are the key factors influencing the polyolefin market in each region?
- How much value will the global market generate by the end of the forecast period?
- What will be the CAGR of the global market between 2021 and 2030?
- What would be the Y-o-Y growth trend of the global market between 2021 and 2030?
- What is the future scope and current trends in technologies of the global market?
- What is the revenue of the global market based on segments?
- Which key strategies are used by top players of the global market?
- Which are the leading companies in the global market?
- What are the essential strategies by key stakeholders in the market to expand their geographic presence?
- What are the major advancements witnessed in the global market?
Research Objectives and Research Approach
The comprehensive report on the global polyolefin market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global polyolefin market.
It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global polyolefin market in terms of type, application, region and others. Key segments under each criteria are studied at length, and the market share for each of these at the end of 2027 has also been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global market.
Why should you invest in this report?
If you are aiming to enter the global polyolefin market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for polyolefin are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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