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Polyolefin Market Size to Reach USD 310.0 Million by 2027; Industry CAGR of 6.5% | Market Trend -Growing adoption of Metallocene-based polyolefin across various industries

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Polyolefin Market Size to Reach USD 310.0 Million by 2027; Industry CAGR of 6.5% | Market Trend -Growing adoption of Metallocene-based polyolefin across various industries

February 15
15:18 2021
The growth of the market is attributed to the increasing industrialization with expansion in the packaging industry coupled with demand for environment friendly adhesives

Polyolefins, also known as polyalkenes, are a class of polymer that are prepared by the polymerization of hydrocarbon, such as the monomer units of olefin. The word polyolefin means “oil-like.” The constituents of polyolefins are rich in natural gas, carbon, or coal. They are distinguished by various characteristics, including crystallinity, ranging from 0 to 60% or maybe higher, and molecular weight. During the forecast period, the global polyolefin market is expected to reach USD 310.0 million by 2027, at a CAGR of 6.5%. In 2019, the global polyolefin market was valued at USD 180.0 million.

 Increasing investments have been witnessed by the residential sector in the recent past, which are followed by developments in the packaging market. These factors are likely to stimulate market growth over the coming years. If this continues, a steady rate of growth along with rise in sales of polyolefins can be predicted over the next few years. Competition is probably going to accentuate on a global scale in the polyolefins market within the next few years, as a result of implementation of stringent environmental norms. This is likely to make new opportunities for players within the market.

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Key participants include DuPont, The Dow Chemical Company, Bayer AG, LyondellBasell Industries, and BASF SE among others.

Polyolefin Market: Market Drivers

The market is highly competitive owing to the various applications in industries across the globe. Innovations are growing in plastic technologies driving the market growth at a substantial rate. Polyolefin products are useful in geomembranes, bags, etc., due to their capability of being cooled or heated with an adequate margin of degradation in quality. This is one of the significant reasons propelling the sales in the global market. It is also used in film sectors, packaging, and sheets owing to its high tensile strength and impact resistance. 

For the purpose of this report, Emergen Research has segmented into the global Polyolefin Market on the technology, application and region:

  • Technology Outlook (Revenue, USD Billion; 2017-2027)
    • Polyethylene
    • Polypropylene
    • Ethylene Vinyl Acetate
    • Thermoplastic Olefin
    • Others
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • Film and Sheet
    • Injection Molding
    • Blow Molding
    • Profile Extrusion
    • Others

We provide detailed product mapping and investigation of various market scenarios. Our expert analysts provide a thorough analysis and breakdown of the market presence of key market leaders. We strive to stay updated with the recent developments and follow the latest company news related to the industry players operating in the global Polyolefin market. This helps us to comprehensively analyze the individual standing of the companies as well as the competitive landscape. Our vendor landscape analysis offers a complete study to help you gain the upper hand in the competition.

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Polyolefin Market: regional Landscape

Due to the rise in demands from the construction industries, the Asia Pacific region is foreseen to lead the global market in the upcoming years. Industrialization is rapid in various countries, including India and China. The supply chains of the firm and established market players are also playing a significant role in increasing sales.

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Polyolefin Market Segmentation & Impact Analysis

    4.1. Polyolefin Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Increasing rate of industrialization and expansion of packaging industry

                    4.2.2.2. Rising demand of environment friendly adhesives

          4.2.3. Market restraints analysis

                    4.2.3.1. Volatility in raw material price and complicated chemical routing

                    4.2.3.2. Time dependent failure of polyolefin at high load

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Polyolefin Market By Technology Type Insights & Trends, Revenue (USD Million)

    5.1. Technology Type Dynamics & Market Share, 2019 & 2027

          5.1.1. Polyethylene

          5.1.2. Polypropylene

          5.1.3. Ethylene Vinyl Acetate

          5.1.4. Thermoplastic Olefin

          5.1.5. Others

Chapter 6. Polyolefin Market By Application Insights & Trends Revenue (USD Million)

    6.1. Application Dynamics & Market Share, 2019 & 2027

          6.1.1. Film and Sheet

          6.1.2. Injection Molding

          6.1.3. Blow Molding

          6.1.4. Profile Extrusion

          6.1.5. Others

Continue…!

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