The report "Polyolefin Market by product type (Polyolefin Elastomers, Polypropylene, Ethylene Vinyl Acetate, Thermoplastic Polyolefin, Others), by application (Film & Sheet, Furniture & Seating, Injection Molding, Blow Molding, Profile Extrusion, Fibers & Fabrics, Others) - Global Forecasts to 2030" The global polyolefin market is projected to reach USD 249.5 billion in 2023, registering a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period 2024-2030. The growth of the market is majorly driven by the shift in preferences from rigid packaging to flexible packaging. Flexible packaging materials are made mostly of polyolefins, especially polyethylene. The need for polyolefin-based packaging solutions has increased due to the expansion of e-commerce and consumers' growing desire for packaged items. Additionally, polyolefins are a preferred option for environmentally friendly packaging because of their lightweight composition, which lowers carbon emissions and transportation costs. Request sample report at https://www.precisionbusinessinsights.com/request-sample/?product_id=38206 Competitive Dashboard: The prominent key players operating in the global Polyolefin market are Arkema S.A. (France), Braskem S.A. (Brazil), Borealis AG (Austria), Formosa Plastics Corporation (Taiwan), Mitsui Chemicals, Inc. (Japan), LG Chem Ltd. (South Korea), Reliance Industries Limited (India), Versalis S.p.A. (Italy), Lotte Chemical Corporation (South Korea), Sumitomo Chemical Co., Ltd. (Japan), Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), LyondellBasell Industries N.V. (Netherlands), SABIC (Saudi Arabia), ExxonMobil Corporation (US), Dow Inc. (US), Chevron Phillips Chemical Company LLC (US), TotalEnergies SE (France), INEOS Group Holdings S.A. (UK), Sinopec (China) Regional Overview: The report also examines the current concerns and their Future Effects on the polyolefin market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the polyolefin market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
- The polyolefin market research report includes historical data, trending features, and market growth estimates for the future.
- The qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period.
- The polyolefin market report helps to provide the best results for business enhancement and business growth.
- The report gives a comprehensive overview of both primary and secondary data.
- The polyolefin market key players are covered here to help them strengthen their place in the market.