Dublin, Oct. 27, 2023 (GLOBE NEWSWIRE) -- The "Polyolefins - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Polyolefins Market to Reach $458.1 Billion by 2030
The global market for Polyolefins estimated at US$286.6 Billion in the year 2022, is projected to reach a revised size of US$458.1 Billion by 2030, growing at a CAGR of 6% over the analysis period 2022-2030.
Furthermore, the dataset breaks down the market into subcategories, including Polyethylene (PE), Polypropylene (PP), Other Types, Film & Sheet, Injection Molding, Blow Molding, Profile Extrusion, and Other Applications, with corresponding sales analysis and 16-year perspectives for 2014, 2023, and 2030. Additionally, it offers insights into the percentage breakdown of value sales for different geographic regions, allowing for a comprehensive understanding of the global Polyolefins market.
Polyethylene (PE), one of the segments analyzed in the report, is projected to record 6.9% CAGR and reach US$226.8 Billion by the end of the analysis period. Growth in the Polypropylene (pp) segment is estimated at 5.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $54.6 Billion, While China is Forecast to Grow at 7.6% CAGR
The Polyolefins market in the U.S. is estimated at US$54.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$91.9 Billion by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030.
This dataset provides a comprehensive analysis of the global Polyolefins market, focusing on annual sales in US$ Million from 2014 to 2030. It includes recent, current, and future assessments of Polyolefins' market performance across various geographic regions, including the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.
The dataset offers independent analysis of annual sales in US$ Million for the years 2022 through 2030, along with corresponding percentage Compound Annual Growth Rates (% CAGR). Historical sales data for the years 2014 to 2021 is also provided.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
MARKET OVERVIEW
- Competitive Scenario
- Select Innovations & Advancements
- Polyolefins - Global Key Competitors Percentage Market Share in 2023 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
- Global Market Prospects & Outlook
- Impact of COVID-19 Pandemic on the Global Polyolefins Market
- Analysis by Type
- World Polyolefins Market by Type (2023 & 2030): Percentage Breakdown of Value Sales for Polyethylene (PE), Polypropylene (PP), and Other Types
- Analysis by Application
- World Polyolefins Market by Application (2023 & 2030): Percentage Breakdown of Value Sales for Film & Sheet, Injection Molding, Blow Molding, Profile Extrusion, and Other Applications
- Regional Analysis
- World Polyolefins Market by Region: Percentage Breakdown of Sales for Developed and Developing Regions (2023 & 2030)
- World Polyolefins Market - Geographic Regions Ranked by CAGR (Value) for 2022-2030: Asia-Pacific, China, Latin America, Africa, Middle East, Canada, USA, Europe, and Japan
- China Remains at the Front & Center of Global Polyolefin-Linked Patterns
- Polyolefins: A Prelude
- Manufacturing Process
- Select Properties of Polyolefins
- Different Types of Polyolefins
- Key Applications of Polyolefins
- Recent Market Activity
- Select Global Brands
MARKET TRENDS & DRIVERS
- Addressing Unsettling Limitations to Unleash New Avenues for Polyolefin Composites
- Trends Laying Strong Foundation for Polyolefin Plant Engineering Movement
- Technology Influences Product Quality & Plant Performance
- Innovative Technologies to Enable Diverse Spectrum of Tailored, Next-Gen Polyolefins
- New Approach to Facilitate Up-Cycling of Polyolefin Waste for Sustainability Push
- Sophisticated Technologies to Enable High-Performance Polyolefin Materials & Products
- Advanced Properties Making Polyolefins Highly Adaptable
- Rising Demand for Films and Sheets to Drive Market Growth
- Unabated & Unrelenting Use of Plastics Across Industries, Despite the Growing Urgency of Plastic Pollution, to Sustain Demand for Polyolefins Films and Sheets
- Global Plastics Production (In Million Metric Tons) for Years 2015, 2017, 2019, 2021 and 2023
- Robust Demand for Processed Foods Drives Use of Plastic Films in Food Packaging Applications
- Demand for Fresh and Safe Food Drives Innovations in High Barrier Films
- The Massive Processed Food Industry Offers Opportunities on a Platter for the Use of Plastic Film in Food Packaging Applications: Global Market for Processed Foods (In US$ Billion) for Years 2022, 2024, 2026, 2028 and 2030
- Strong Demand for Flexible Packaging to Support Market Growth
- A Major Application Area for Plastic Films, Flexible Packaging & Its Strong Demand Patterns Opens a Parallel Avenue for Growth in Downstream Processing: Global Opportunity for Flexible Packaging (In US$ Million) for Years 2023, 2025, and 2027
- Rising Demand from Automotive Industry Presents Considerable Growth Opportunities for Polyolefin Market
- Shift towards Lightweight Vehicles Bodes Well for Polyolefins
- Lightweighting Trend in Auto Parts: Average Weight of a Passenger Car (In Kgs) for the Years 1990, 2000, 2006, 2016 & 2019
- COVID-19 Impact on the Automotive Industry: A Review
- Global Automobile Production (In Million Units) for the Years 2011 - 2021
- Outlook for 2023 Remains Positive
- Adoption of Strict Regulations to Control Emissions Augurs Well for Use of Polyolefins in Auto Industry
- Increasing Penetration of EVs: Potential Opportunities for Polyolefins
- Global Electric Passenger Car Stock (In Million Units) for the Years 2017, 2018, 2019, 2020 & 2025P
- Building & Construction: A Promising Market for Polyolefins
- COVID-19 Impacts Near-term Growth Outlook for the Construction Sector
- World Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022
- Use of Polyolefins for Manufacturing Medical Devices and Packaging Witnesses a Surge
- Global Medical Devices Market Size (in US$ Billion) for the Years 2021, 2023, 2025 and 2027
- Global Medical Tubing Market Size in US$ Billion for the Years 2021, 2023, 2025 and 2027
- Polyethylene Pipes Gain Increasing Acceptance in Natural Gas Transport
- Global Oil Production (In Million Barrels Per Day) for Years 2018 through 2022
- Advancements in Material Grade Benefit Growth of Plastic Pipes
- Inflated Oil Prices Drive Global Capital Expenditure
- Global E&P CAPEX: 2015-2023
- Polyethylene: The Preferred Choice in Gas Distribution Pipeline
- Strong Pipeline Development Activity Opens Parallel Opportunities for Growth of Oil & Gas Pipelines: Global Pipeline Development by Region (In Km) as of the Year 2022
- Growing Investments in Pipeline Infrastructure Strengthens the Business Case for Oil & Gas Pipes: Global Capital Cost of Pipelines Under Development as of the Year 2022 (IN US$ Billion)
- Need for Durable Recreational and Sports Goods & Equipment Augurs Well for Polyolefins Market
- Global Sports Equipment Market Size (in US$ Billion) for 2019, 2022 and 2025
- Polyolefins Gain in Consumer Electronics Market
- Growing Market for Consumer Electronics Presents Opportunity for Plastics Market: Consumer Electronics Sales in US$ Billion for the Years 2018, 2020, 2022 and 2024
FOCUS ON SELECT PLAYERS(Total 126 Featured)
- Arkema S.A.
- Borealis AG
- Braskem S.A.
- Chevron Corporation
- Ducor Petrochemicals B.V.
- Exxon Mobil Corporation
- Formosa Plastics Corporation
- Ineos Group AG
- Lyondellbasell Industries Holdings N.V.
- Qatar Petrochemical Company (QAPCO)
- Reliance Industries Limited
- Repsol S.A.
- Saudi Arabia Basic Industries Corporation
- Sinopec Catalyst CO.,LTD.
- The DOW Chemical Company
- TotalEnergies
For more information about this report visit https://www.researchandmarkets.com/r/llazez
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