Polyolefins (PO) Market is projected to reach CAGR of 4.62% during the forecast period 2017-2022

Reports And Markets Publish a New Market Research Report On –"Polyolefins (PO) Market - Segmented by Type, Application and Geography - Trends and Forecasts (2017 - 2022)"

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The global polyolefins market is estimated at USD XX.XX million tons in 2015. It is projected to reach USD XX.XX million tons by 2020, at a CAGR of 4.62% during the forecast period. Polyolefins are a class of polymers produced from one monomer (or olefin) consisting of only hydrogen and carbon atoms. They are high molecular weight hydrocarbons. The polyolefin is determined by their degree of crystallinity and molecular weight. Owing to excellent chemical resistance, they are unaffected by the common solvents and cannot be bonded or joined using solvent welding.

Polyolefin, owing to their chemical stability and excellent chemical resistance properties, is becoming an integral part of numerous industrial and commercial applications. In the global polyolefin market report, we have taken the following major end-user sectors into consideration: packaging, construction, transportation, electrical and electronics, consumer goods, healthcare/medical, and Others.

The market is driven by a number of factors, such as increasing demand from the construction sector, shifting focus of end-users towards flexible packaging, and changing raw material supply scenario. The factors that restrain this market include growing environmental concerns, and high capacity-to-demand ratio. These may act as a roadblock to the growth of the market.

The global polyolefins market, by type, can be broadly segmented into polyethylene (pe), polypropylene (pp), polybutene, and others. The polyethylene segment accounted for the highest share of the global polyolefins market in 2015. The market has also been divided according to application into: Film and Sheet, Blow Molding, Injection Molding, Fibers, and Others.

The market has been geographically segmented into Asia-Pacific, North America, Europe, South America, and Middle-East and Africa. Asia-Pacific dominates the global polyolefins market, owing to the consistently increasing industrial and construction activities in the region. It is expected to dominate the market for the next five years, with its largest market share, and is expected to be the fastest growing market during the forecast period.

Furthermore, the growing demand and focus towards green polyolefins and rising demand for highly reactive polybutene will offer numerous opportunities in the growth of the global polyolefins market. Some of the major companies dominating this market for its products, services, and continuous product developments are SABIC (Saudi Basic Industries Corp.), PetroChina Co. Ltd., Sinopec, BASF SE, Bayer MS, National Petrochemical Co., and Formosa Plastics Group.

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SPECIALITIES OF THIS REPORT

The report will be useful in gaining an exhaustive understanding of the regional market. It will also be of assistance in providing a comprehensive analysis of the major trends, innovations and associated prospects for market growth over the coming half a decade.
The report will be an ideal source material for industry consultants, manufacturers and other interested and allied parties to gain a critical insight into the factors driving and restraining the market, in addition to opportunities offered.
The report contains wide range of information about the leading market players and the major strategies adopted by them.

WHAT THE REPORT OFFERS

Market Definition along with identification of key drivers and restraints for the market.
Market analysis with region specific assessments and competition analysis on a global and regional scale.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
Identification and analysis of the Macro and Micro factors that affect the industry on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

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