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Worldwide Polyolefins Market 2018 Global Industry Analysis till 2022 by Top Leading Companies | W.R. Grace, LyondellBasell Industries Holdings B.V, E. I. du Pont de Nemours and Company
Polyolefins Market, Polyolefins Market size, Polyolefins Market share, Polyolefins Market trends, Polyolefins Market status,
GLOBAL POLYOLEFINS MARKET IS PREDICTED TO GROW AT APPROXIMATELY 5% CAGR DURING THE FORECAST PERIOD
Polyolefins Market Highlights
Although polyolefins have a large number of advantages, the most important is their versatility. The increasing need for high standard performance plastic across all modern applications is driving the growth of polyolefins market. This has also resulted in the development of newer and improved application and performance properties; polyolefins that are fast, easy, and low cost are in demand. Such newly developed polyolefins include fast curing polyethylene and polypropylene and others.
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The global polyolefins market is expecting a potential growth in coming years. The major factors that influenced the demand for polyolefins are wide range of applications, growth in packaging industry, increasing demand from construction industry and growing Asia-Pacific region. Whereas, factors that are hindering the growth of polyolefins market are increasing demand - supply gap, fluctuation in crude oil prices and stringent environmental regulations on non-biodegradable plastic residues challenging market growth. Major ongoing opportunities and trends in polyolefins market are Increasing Popularity of green and natural polyolefins, increasing demand for bio-based polyolefin and increasing demand from FMCG and plastic packaging industries.
Polyolefins Key Market Manufacturers
W.R. Grace
PetroChina Company Limited
LyondellBasell Industries Holdings
PolyOne Corporation
Arkema SA
Nemours and Company`
SABIC
Polyolefins Market Segmentation
By Types
• Polyethylene (PP) – HDPE, LDPE, LLDPE
• Polypropylene (PP)
• Others
By Application
• Film & Sheets
• Blow Molding
• Injection Molding
• Fibers
• Others
By End User
• Packaging
• Automotive
• Construction
• Pharmaceuticals/Medical
• Electronics & Electricals
Polyolefins Regional Analysis:
China is the one of the largest economy in the world and is still growing at a rapid pace. China is making deliberate efforts to boost various industries including packaging, consumer good, retail, automotive, automotive and consumer products; growing industrial activity has resulted in increasing demand for polyolefins. Currently, China is the single largest market for polyolefins, accounting more than 45% of the total market in APAC.
The APAC region is the largest consumer of polyolefins such as polyethylene and polypropylene in the world which has accounted around 47% of market in 2016. Within this region, the polyolefins market is wholly dominated by China which represents 45% of the total market volume in 2016. Demand for PP and PE from India accounted for 19% of the total demand, hence, the Indian market will come up with ample growth opportunities owing to the investments, big giants entering into Indian market and strong dominance of domestic players with respect to production, while Japan represents 23% of the market in terms of volume. Because of its strong, growing middle class, the entire region is a significant market for end markets that use polyolefins, including packaging, consumer goods and FMCG and textile. Japan, Australia, and South Korea are the most developed countries in the APAC region and have mature growth outlooks.
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TABLE OF CONTENTS:
Table 1 World Population By Major Regions (2015 To 2030) (Million)
Table 2 Global Polyolefin Market: By Region, 2014-2022 (Usd Million)
Table 3 Global Polyolefin Market: By Region, 2014-2022 (Kt)
Table 4 North America Global Polyolefin Market: By Country, 2014-2022 (Usd Million)
Table 5 Europe Global Polyolefin Market: By Country, 2014-2022 (Usd Million)
Table 6 Asia-Pacific Global Polyolefin Market: By Country, 2014-2022 (Usd Million)
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