The global Polyolefin Market will be worth USD 310.0 million by 2027, according to a current analysis by Emergen Research. Over the recent past, there has been an increase in usage of eco-friendly polyolefins that cause lower emissions along with a minimum environmental degradation. This is because of the rising awareness of the consumers regarding protection of the environment, a rise in efforts to curb plastic waste disposal, and strict government laws. Besides complying with environmental norms, corporations are majorly investing in R&D activities, in order to develop novel plastic products which will have the potential to replace conventional plastics in terms of physical and chemical properties.
The report relies on advanced primary and secondary research methodologies to assess information. The data for the study is gathered from reliable and trustworthy sources, ensuring the authenticity and accuracy of the research study. We also employ qualitative and quantitative analysis to deliver a comprehensive and all-encompassing research study on the global Polyolefin market. The report also comprises of SWOT analysis, PESTLE analysis, and Porter’s Five Forces Model analysis, to offer the reader with a complete and all-inclusive study of crucial segments of the global Polyolefin market.
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Some key highlights in the Report:
- Among the technology segments, the Ethylene Vinyl Acetate segment is projected to account for substantial revenue growth between 2021 and 2028. Favorable features such as high transparency, product toughness, and flexibility has increased demand for Ethylene Vinyl Acetate (EVA) in various industrial applications including footwear, athletic goods, automatic bumpers, and packaging industries.
- The film and sheet segment is projected to account for significant revenue share in the global polyolefin market during the forecast period. Polyolefin finds application in various settings including industrial thermoforming, blown film luggage, food packing, industrial and packaging carrier bags, and agricultural stretch wraps.
- The blow molding segment accounted for a significant market share of 14.9% during the forecast period owing to its smart processing abilities, high chemical resistance, and low cost as compared to other plastics.
The key companies studied in the report are:
DuPont, The Dow Chemical Company, Bayer AG, LyondellBasell Industries, and BASF SE among others.
The report studies the historical data of the Polyolefin market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Polyolefin industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Polyolefin market.
The report addresses the following key points:
- The report estimates the expected market size from 2020-2027
- The report provides a forecast of market drivers, restraints, and future opportunities for the Polyolefin market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
For the purpose of this report, Emergen Research has segmented into the global Polyolefin Market on the technology, application and region:
Technology Outlook (Revenue, USD Billion; 2017-2027)
- Polyethylene
- Polypropylene
- Ethylene Vinyl Acetate
- Thermoplastic Olefin
- Others
Application Outlook (Revenue, USD Billion; 2017-2027)
- Film and Sheet
- Injection Molding
- Blow Molding
- Profile Extrusion
- Others
On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.
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