Global Polyolefin Market 2019-2025
|発行||Orion Market Research Pvt Ltd||商品コード||425915|
|ポリオレフィンの世界市場の分析 Global Polyolefin Market 2019-2025|
|出版日: 2020年01月08日||ページ情報: 英文||
Market Size, Share & Trends Analysis Report by Product (Polyethylene (PE), Polypropylene (PP), Ethylene Propylene Diene Monomer (EPDM), and others), By Application (Packaging, Consumer Goods, Building & Construction, Electronics, and Automotive), and Forecast, 2019-2025.
Global polyolefin market is projected to grow at significant CAGR during the forecast period. Polyolefins are being synthesized from petroleum by products. Polyolefins are found throughout many sectors and industries, including transportation, construction, food products, telecommunications, and consumer goods. There are several industries such as packaging, automobile and others that has benefits by the application of plastics. Higher demand from packaging and automobile segments are driving the market. Environmental and health concerns such as plastic pollution and toxins are restraining the market growth. Single use carry bag ban in various geographies is another restraining factor in the polyolefin market. Moreover, rising adoption towards flexible packaging from rigid packaging raises the demand of polyolefins that further projected to propel the market growth during the forecast period.
Geographically, the global polyolefin market is further classified into North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific is anticipated to have a significant market share in the global polyolefin market. The market is growing due to the increasing demand for polyolefin from automobile sector coupled with rising automotive sales in the region. The major countries contributing to the tire market in the Asia-Pacific including Japan, China, South Korea, and India. Moreover, North America is projected to have considerable market due to the developed industrial sector that encourages the demand for polyolefin in the region.
The global polyolefin market is influenced by product development and technological advancements conducted by the market players. The key players of the market include Asahi Kasei Corp., BASF SE, China National Petroleum Corp., Exxon Mobil Corp., Evonik Industries AG, LyondellBasell Industries Holdings B.V., Saudi Basic Industries Corp. (SABIC), The Dow Chemical Co., and many others. These players are playing a significant role in the growth of the market by providing various products and adopting several strategies such as a merger and acquisition, partnerships and collaboration, technological development, and others. For instance, in June 2019, Evonik Industries AG developed SPHERILEX 60 AB for high clarity polymer films that includes blown and cast film produced from polyolefins and polyesters.
The market study of the global polyolefin market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
The report is intended for a polyolefin manufacturer, investing companies, government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.