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Polyolefin Market Trends, Segmentation, Growth, Analysis and Forecast 2023-2030

09-22-2023 05:55 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Polyolefin Market Trends, Segmentation, Growth, Analysis

The global polyolefin market is anticipated to grow at a substantial CAGR of 8.9% during the forecast period. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, funding, and new product launches, to stay competitive in the market.

In August 2020, Repsol has collaborated with Acteco to develop a project to increase the capacity of a recycled materials production plant Acteco owns in Alicante, Spain. The recycled products from the Alicante plant will include in the polyolefins of the Repsol reciclex product line, which is specially designed for high-value applications. Repsol intends to recycle the equivalent of 20% of its polyolefin production by 2030 and committed to recycle high quality high-quality polyethylene (PE) and polypropylene (PP) from household.

A full report of Polyolefin Market is available at: https://www.omrglobal.com/industry-reports/polyolefin-market-size

In January 2022, Gunze Ltd. is pleased to announce that it will launch a new polyolefin-based heat-shrinkable film "GEOPLAS FRG". The density of the product is less than 1, compared to other materials, the product reduces the usage of plastic resin and is expected to reduce greenhouse gas emissions. The product is suitable for beverages, groceries, home, and personal care products.
In September 2020, Borealis has launched Bornewables, a circular polyolefin product. As an extension of the existing range of value-added Borealis polyolefins are used for various applications in all industries. The product is designed entirely from waste and residue streams, offers the same material performance as virgin polyolefins offers, and contributes to reducing the carbon footprint.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/polyolefin-market-size

Market Coverage

The market number available for - 2021-2028
Base year- 2021
Forecast period- 2021-2028
Segment Covered- by product, and by application
Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Competitive Landscape- Exxon Mobil Corp., Lyondell Basell, Saudi Basic Industries Corp. (SABIC), Sumitomo Chemical Co. Ltd., The Dow Chemical Co., INEOS AG, Lyondell Basell Industries Holdings B.V.,and others.

Key questions addressed by the report

What is the market growth rate?
Which segment/region dominates the market in the base year?
Which segment/region will project the fastest growth in the market?
How has COVID-19 impacted the market?
o Recovery Timeline

o Deviation from the pre-COVID forecast

o Most affected region/segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Polyolefin Market- Segmentation

By Product

Polyethylene (PE)
Polypropylene (PP)
Ethylene Propylene Diene Monomer (EPDM)
Others (EVA)

By Application

Packaging
Consumer Goods
Building and Construction
Electronics
Automotive

Polyolefin Market- Segment by Region

North America

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

Arya Sasol Polymer Co.
Asahi Kasei Corp.
Avient Corp.
BASF SE
Braskem
Chevron Phillips Chemical Co.
China National Petroleum Corp.
EQUATE
Evonik Industries AG
Exxon Mobil Corp.
Formosa Plastics Corp.
INEOS AG
Jam Petrochemical Co.,
LANXESS

Reasons to Buying From us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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