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Transformative Trends Impacting the Polyolefins Market Landscape: Innovative Sustainable Solutions Borealis Introduces Stelora To The Polyolefins Market

06-25-2025 01:22 PM CET | Chemicals & Materials

Press release from: The Business Research Company

Polyolefins

Polyolefins

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How Large Will the Polyolefins Market Size By 2025?
The size of the polyolefins market has experienced substantial growth in the previous years. The market, which was worth $296.65 billion in 2024, is expected to rise to $331.07 billion in 2025, charting a compound annual growth rate (CAGR) of 11.6%. This notable increase during the historic phase relates to factors such as industrial and urban development, consumer inclinations, the emergence of new markets, and a surge in the consumption of polyolefins.

How Big Is the Polyolefins Market Size Expected to Grow by 2029?
In the coming years, the polyolefins market is projected to experience a significant upswing, achieving a size of approximately $499.52 billion by 2029. This translates to a compound annual growth rate (CAGR) of 10.8%. The expansion anticipated in this period can be linked to factors such as the advent of biodegradable polyolefins, sophisticated packaging solutions, lightweighting, potential uses in electric vehicles (EV), as well as smart packaging. The forecasted trends contributing to this growth include biodegradable polyolefins, innovative packaging solutions, lightweighting, electric vehicle (EV) applications, and technological advancements.

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Which Key Market Drivers Powering Polyolefins Market Expansion and Growth?
The expected rise in demand for convenience foods is anticipated to fuel the expansion of the polyolefins market. This type of food, commonly found in grocery stores, simplifies the process of food acquisition and preparation, offering ready-to-eat options. Polyolefins are used in the packaging of these food products due to their mechanical strength and cost-effectiveness, consequently, the mushrooming demand for convenience foods escalates the need for the polyolefins market. For example, the National Center for Biotechnology Information, a US-based organization providing access to biomedical and genomic information, reported in June 2024 that consumer demand for convenience foods in Australia is on a constant rise. Four significant supermarkets, having nearly 85% of the market share, contributed to this comprehensive data. Each year, a specific Data Collector App orchestrates the tracking and analysis of over 20,000 products, revealing a sturdy uptrend in consumer predilection for convenience, variety, and quality in food options nationwide. Consequently, the soaring demand for convenience foods acts as a driving force behind the polyolefins market growth.

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Which Fast-Growing Trends Are Poised to Disrupt the Polyolefins Market?
Leading companies engaged in the polyolefins market are focusing on the creation of innovative products such as Stelora, in a bid to cater to the rising demand for eco-friendly engineering polymers. Stelora, the latest addition to their polyolefin portfolios, is a novel category of engineering polymer fabricated using renewable feedstock. It is aimed at providing a greener alternative to conventional engineering polymers like ABS and polycarbonate. For example, Borealis AG, a chemicals corporation based in Austria, unveiled Stelora in its existing polyolefin range in May 2023. This product is manufactured using renewable feedstock and boasts numerous benefits over usual engineering polymers, including sustainability, performance, processability, versatility, superior heat resistance, and low absorption of moisture.

What Are the Emerging Segments in the Polyolefins Market?
The polyolefins market covered in this report is segmented -

1) By Type: Polyethylene (PP), Polypropylene, Other Types
2) By Application: Films and Sheets, Blow Molding, Injection Molding, Profile Extrusion, Other Applications
3) By End-User: Packaging, Automotive, Construction, Pharmaceuticals/Medical, Electronics & Electricals

Subsegments:
1) By Polyethylene (PE): High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Linear Low-Density Polyethylene (LLDPE)
2) By Polypropylene (PP): Homopolymer Polypropylene, Random Copolymer Polypropylene, Block Copolymer Polypropylene
3) By Other Types: Polyethylene Terephthalate (PET), Ethylene-Vinyl Acetate (EVA), Polyolefin Elastomers (POE)

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Who Are the Global Leaders in the Polyolefins Market?
Major companies operating in the polyolefins market include ExxonMobil Corporation, Saudi Basic Industries Corporation., China Petroleum & Chemical Corporation., Total SE, Arkema S.A., LyondellBasell Industries N.V., Braskem S.A., BASF SE, Reliance Industries Limited, Borealis AG, INEOS Group AG, Repsol S.A., PetroChina Company Ltd., Ducor Petrochemicals B.V., Formosa Plastics Corporation, Chevron Phillips Chemical Company LLC., Hanwha TotalEnergies Petrochemical Co. Ltd., PolyOne Corporation, Sasol Limited, Tosoh Corporation, The Dow Chemical Company, LG Chem Ltd., Sumitomo Chemical Co Ltd., Mitsui Chemicals Inc., Westlake Chemical Corporation, Lotte Chemical Corporation, Versalis S.p.A., PTT Global Chemical Public Company Limited, China National Chemical Corporation

Which are the Top Profitable Regional Markets for the Polyolefins Industry?
Asia-Pacific was the largest region in the polyolefins market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the polyolefins market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

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Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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