Global Polyolefin Market 2024-2028

Global Polyolefin Market 2024-2028

The polyolefin market is forecasted to grow by USD 151.2 bn during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the polyolefin market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for bio-based polyolefin, innovations in polyolefin production processes, and rising demand for olefins from automotive industry.

Technavio's polyolefin market is segmented as below:

By Product

• PE
• PP
• Functional polyolefin

By Application

• Film and sheet
• Injection molding
• Blow molding
• Others

By Geography

• North America
• APAC
• Europe
• South America
• Middle East and Africa

This study identifies the focus on circular economy as one of the prime reasons driving the polyolefin market growth during the next few years. Also, emergence of metallocene polyolefin (MPE) and rising new product launches will lead to sizable demand in the market.

The report on the polyolefin market covers the following areas:

• Polyolefin market sizing
• Polyolefin market forecast
• Polyolefin market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading polyolefin market vendors that include Arkema SA, BASF SE, Carlisle Companies Inc., China Petrochemical Corp., Dow Inc., Exxon Mobil Corp., Filtration Group Corp., Holcim Ltd., Koster Bauchemie AG, Lanxess AG, LyondellBasell Industries N.V., RPM International Inc., Saudi Arabian Oil Co., Sika AG, SOPREMA SAS, Standard Industries Inc., Suzhou GWELL machinery co. LTD., Wacker Chemie AG, and Zylog ElastoComp. Also, the polyolefin market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.