Global Polyolefin Market Information by Type (Polypropylene (PP), Polyethylene (PE) and Polymethylpentene (PMP)) by Application (Films & Sheet, Blow Molding, Injection Molding and Tapes & Fibers) and by Region - Forecast to 2022
Pune, India -- (SBWIRE) -- 12/26/2018 -- Target Audience
Manufactures
Raw material Suppliers
Aftermarket suppliers
Research Institute / Education Institute
Potential Investors
Key executive (CEO and COO) and strategy growth manager
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Product Analysis
Product matrix which gives a detailed comparison of the market for different recycled product types
Additional Information
Regulatory Landscape
Pricing Analysis
Macroeconomic Indicators
Geographic Analysis
Geographical analysis across 15 countries
Company Information
Profiling of 10 Key Market Players
In-depth analysis including SWOT analysis, and strategy information of related to report title
Competitive landscape including emerging trends adopted by major companies
The report for Global Polyolefin Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Regional Analysis of Global Polyolefin Market
APAC dominates the Global Polyolefin Market with its fast growing market worldwide with a share of over 46% in Polyolefin Market. The region has seen rapid industrialization with increasing number of manufacturing plants being set up by global players. This induces the demand for these polymers. The trend is expected to continue for coming years and this would result in an expanding share of APAC by 2022.
However, North America had the largest market size in 2015 and is expected to show steady growth by 2022. Europe and Rest of the World are also expected to grow from 2016 to 2022. The regions of North America and Europe are well established markets for these polymers and are increasing their R&D investments coupled with technological advancement and application specific product development to expand further.
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Market Scenario
The market for Polyolefin is driven by increasing demand for eco-friendly packaging and ease of availability of raw materials in emerging nations. Polyolefin is preferred over the other metal substitutes due to its properties such as light weight, high durability and the ability to resist chemical reactions. This boosts the popularity of these Polymers among all the applications. Polyethylene (PE) was valued to have the largest market by type and is expected to attain a share of around 30% of global polyolefin market by 2022. Film & Sheet is expected to lead the market share by application in the forecasted period.
Furthermore, the government regulations to optimize the fuel efficiency and reduce the CO2 emission have fueled the demand for these polymers from the automotive sector. The production of polyolefin is expected to cross 180 million tonnes by 2022 globally. This is backed by the rising disposable incomes of average population have widened the scope for the market. The Global Polyolefin Market is expected to cross USD 300 Billion at the end of the forecasted period and is expected to grow at CAGR of approximately 7% from 2016 to 2022.