The global polyolefin resin market research report is an authoritative source for business intelligence, data and statistics on these widely-used polymers. Polyolefin resins can be categorized as polymers that are derived from hydrocarbon molecules and comprise one or more olefinic groups. This study of the global polyolefin resin market discusses several facets of this industry to arrive at accurate market value and volume estimations, compounded annual growth rate, and projections for future growth. The report also contains a detailed qualitative overview of the polyolefin resin sector worldwide.
This report delves into the structure of the industry to split each segment into smaller sections for a better, more comprehensive analytical study. The market is segmented by type, application, and geography. The key factors driving growth in this market are discussed in detail along with major challenges that players will have to contend with.
To make a strategic business decision, understanding the competitive landscape is critical. The global polyolefin resin market report consists of a Company Profiles section that discusses the financial status, product portfolio, SWOT analysis, and recent developments of established companies in this industry.
Overview of the polyolefin resin market
The term polyolefin refers to polymers derived from ethylene, propylene, or other classes of alpha-olefins. The worldwide market for polyolefin resins thrives because these are comparatively less expensive, and are easily compatible with several different fabrication techniques. A few applications of polyolefin resins are: molded articles, housewares, coatings, and films. Given their seamless application quotient and low price, the demand for polyolefin resins is increasing worldwide. In the future, polyolefin resins are expected to replace conventional packaging materials. Thus, the use of films and containers derived from polyolefin resins will see an increase.
By type, the polyolefin resin market can be broadly segmented as: polypropylene (PP) and polyethylene (PE). These are the two most common types of polyolefin resins. PE is the larger of the two, but is expected to witness a marginally slower growth rate than PP over the forecast period. PE is among the most widely used plastic resins from the value standpoint. Together these two polyolefin resins dominate well over 50% of the global plastic resins market in terms of consumption.
By geography, the Asia Pacific polyolefin resins market will see the fastest growth over the forecast period because of a soaring demand for almost all applications associated with this material. Much of increased demand for polyolefin resin in this market comes from China and the Middle Eastern countries. This region has substantial installed plant capacities, which supplement the rising demand here. Capacity expansion planned for the immediate future will also reduce the import dependence of several Asia Pacific nations – which will obviously alter the dynamics of the polyolefin resin market elsewhere in the United States and Europe.
Companies mentioned in the polyolefin resin market report
Some of the leading manufacturers of polyolefin resins are: The Dow Chemical Company, China National Petroleum Corporation, LyondellBasell Industries NV, and Saudi Basic Industries Corporation (Saudi Arabia).
Geographies analyzed under this research report:
- North America
- Rest of the World
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report:
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements in the micro servers industry
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments