Polyolefin (PO) Market Size In 2022 is estimated to grow at a modest CAGR| Latest Trend, Competitors - Digital Journal

2022-07-23 05:05:40 By : Ms. Jennifer Zhou

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The Polyolefin (PO) Market Report scrutinizes the market by key industry peers, import and export dynamics, infrastructure construction, physical security and analyses opportunities, trend, and growth value.

“Polyolefin (PO) Market” (2022-2027) Research report delivers comprehensive analysis future forecast, growth opportunity, key market and key players like: , … Moreover, provides a brief overview of the market focusing on definitions, classifications, product specifications, manufacturing processes, cost structures, market segmentation, end-use applications and industry chain analysis.

The global polyolefin market is expected to grow at a moderate rate during the forecast period (2021 – 2027). Asia-Pacific is expected to lead the market, owing to the growing demand for consumer products. Film is expected to be the fastest end-use application market.

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– Lyondellbasell Industries Holdings B.V.

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Shift in Preferences from Rigid Packaging to Flexible Packaging

Polyolefin used for flexible packaging provides convenience and durability, which is preferred by consumers. Consumer, retail, and technology trends have contributed towards a gradual shift from rigid packaging to flexible packaging in the recent years. Busier lifestyles due to increase in urbanization have led consumers to choose convenient and portable food products with easy-to-open packaging, which produces less waste. In addition, growing demand for miniature packages for consumer products that are light in weight and convenient for travel purposes has shifted the consumer preference from rigid packaging to flexible packaging. This shift in preferences has increased the consumption of flexible packaging, which, in turn, is driving the demand for polyolefin.

Film end-use application is expected to be the fastest market

Film end-use application is expected to be the fastest market during the forecast period. The high level of economic growth and improvement in quality of life in countries such as China, India, South Korea, Brazil, and South Africa, among others, is expected to drive the demand for fast moving consumer goods. This increase in demand for fast moving consumer goods is estimated to increase the consumption of films used for packaging purpose. In addition, increase in demand for packaged food and ready-to-eat food among the population is expected to drive the polyolefin market for film end use during the forecast period.

Asia-Pacific to Lead the Market

Asia-Pacific is expected to dominate the polyolefin market during the forecast period due to the growing demand for consumer products. Increase in consumer spending on consumer products such as furniture, housewares, toys, CDs, DVDs, and corrugated boxes, coupled with increasing population in countries such as India, China, and South Korea, has increased the consumption of polyolefin. In addition, increase in demand for packaged food and ready-to-eat food due to rise working population in countries such as Thailand, Philippines, Malaysia, and Singapore has increased the production of packaged food products, which, in turn, is expected to drive the demand for polyolefin during the forecast period.

Major Players: Lyondellbasell Industries Holdings NV, Exxonmobil Chemical, Saudi Arabia Basic Industries Corporation, The DOW Chemical Company, and Braskem SA, among others

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Some Major Points from TOC: –

1. Introduction 1.1 Research Phases 1.2 Scope of the Market 1.3 Study Deliverables 2. Executive Summary 3. Market Insights 3.1 Industry Value Chain Analysis 3.2 Industry Attractiveness – Porter’s Five Forces Analysis 3.2.1 Threat of New Entrants 3.2.2 Threat of Substitute Products and Services 3.2.3 Bargaining Power of Buyers 3.2.4 Bargaining Power of Suppliers 3.2.5 Degree of Competition 4. Market Dynamics 4.1 Drivers 4.1.1 Shift In Preferences from Rigid Packaging to Flexible Packaging 4.1.2 Changing Raw Material Supply Scenario 4.2 Restraints 4.2.1 Growing Environmental Concerns 4.2.2 Other Restraints 4.3 Opportunities 4.3.1 Growing Focus on Green Polyolefin 4.3.2 Growth in End-use Applications 5. Market Segmentation and Analysis (Market Size, Growth, and Forecast) 5.1 By Material Type 5.1.1 Polyethylene (PE) 5.1.1.1 Low-density Polyethylene (LDPE) 5.1.1.2 Linear Low-density Polyethylene (LLDPE) 5.1.1.3 High-density Polyethylene (HDPE) 5.1.1.4 Others 5.1.2 Polypropylene (PP) 5.1.3 Ethyl Vinyl Acetate (EVA) 5.2 By End-use Application 5.2.1 Film 5.2.2 Injection Moulding 5.2.3 Blow Moulding 5.2.4 Extrusion Coating 5.2.5 Fiber 5.2.6 Others 6. Regional Market Analysis (Market Size, Growth, and Forecast) 6.1 Asia-Pacific 6.1.1 China 6.1.2 India 6.1.3 Japan 6.1.4 South Korea 6.1.5 Australia and New Zealand 6.1.6 Rest of Asia-Pacific 6.2 North America 6.2.1 United States 6.2.2 Canada 6.2.3 Mexico 6.2.4 Rest of North America 6.3 Europe 6.3.1 Germany 6.3.2 United Kingdom 6.3.3 Italy 6.3.4 France 6.3.5 Spain 6.3.6 Russia 6.3.7 Rest of Europe 6.4 South America 6.4.1 Brazil 6.4.2 Argentina 6.4.3 Rest of South America 6.5 Middle East and Africa 6.5.1 Saudi Arabia 6.5.2 South Africa 6.5.3 Rest of Middle East and Africa 7. Competitive Landscape 7.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements 7.2 Market Share Analysis** 7.3 Strategies Adopted by Leading Players 8. Company Profiles (Overview, Financials**, Products and Services, and Recent Developments) 8.1 China Petrochemical Corporation 8.2 Lyondellbasell Industries Holdings B.V. 8.3 Exxon Mobil Corporation 8.4 SABIC 8.5 DowDuPont 8.6 Braskem 8.7 Total 8.8 Arkema 8.9 Borealis AG 8.10 INEOS 8.11 Chevron Phillips Chemical Company 8.12 Formosa Plastics Corporation 8.13 Polyone 8.14 Sasol 8.15 Tosoh Corporation *List not exhaustive 9. Disclaimer **Subject to availability on public domain

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