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2021 Polyolefins Market Global Analysis Report
Polyolefins are polymers formed by the polymerization of single olefins. They are generally useful in structural plastics, industrial products, and food packaging. Olefins, also called alkenes, are hydrocarbons with a carbon-hydrogen double bond. Polyolefins are light and rigid by nature. Polyolefins have a waxy texture and expand when heated. These retain their odorless and non-porous nature when heated and cooled.
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Based on the type, the polyethylene (PE) segment is estimated to have a lucrative growth due to its increased demand from the healthcare sector for its usefulness as medical plastics in applications such as syringes. This is attributed to its applications in industries such as packaging, automotive, electronics, and others.
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.
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