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Polyolefins Market by Type, and Region - Global Forecasts to 2021

Polyolefins Market: Global Forecasts until 2021

  • September 2016
  • 265 pages
  • ID: 4194698
In this report:
The global demand for PE is estimated to grow from ##,##.## kilotons in 2016 to reach ##,##.## kilotons by 2021, registering a CAGR of ##.##% during forecast period.
The global demand for POE is estimated to grow from ##.## kilotons in 2016 to reach ##.## kilotons by 2021, registering a CAGR of ##.##% during the forecast period.


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"The sector for polyolefins to register a CAGR (Compound annual growth rate) of ~7.8 percent"

The market size of PO is projected to extend ~$297.1B by 2021, at a compound annual growth rate of ~7.8 percent between 2016 and 2021. Polyethylene type recorded for more than 50.0 percent of the global PO market, in terms of quantity, in 2015. PE is the most widely used polymer in the plastic market according to its easy availability and cheaper processing techniques in comparison to other polymers. Increasing population worldwide and availability of low-cost plastic products are replacing metals, woods, and other materials, thus growing the consumption of PE products in wide range of applications.

"Injection molding: The quickest-rising application of PE"

Injection molding is forecasted to the quickest-increasing application of PE, between 2016 and 2021. Injection molding processes offer numerous advantages in achieving faster production rate, desired size and shape, and reducing wastage. The increasing packaging market is accelerating the market demand for injection molding in the plastic sector, thus boosting the global PE market.

"Increasing demand from APAC: A main driver for PO market"

In 2015, Asia-Pac was the biggest market for PO, in terms of value importance and quantity, which is projected to retain leadership during the outlook period. China (CN) and India (IN) are the two main sectors for PO in the territory. The plastic market in China (CN) has the biggest share in Asia Pacific (APAC), resulting in a strong demand for PO according to its increased use in film & sheet, injection molding, and fibers & raffia applications. Additionally, rising developments in the solar energy sector is likely to drive the industry demand for PO in China (CN), India (IN), Japan (JP), and South Korea (KR).

Extensive primary audit sessions have been conducted to determine and verify the market value for various segments and sub-segments collected by secondary research.

The break-up of primary interviews is presented below:

- By Company Type - Tier 1 - 50.0 percent, Tier 2 - 20.0 percent, and Others - 35.0 percent

- By Description - C-suite - 35.0 percent, D-level - 25.0 percent, and Others - 40.0 percent

- By area - North america (NA) - 13.0 percent, Europe - 20.0 percent, Asia-Pacific - 47.0 percent,

The Middle East & Africa - 13.0 percent, and South America - 7.0 percent

The main companies decribed in this research report are Sinopec Corp., LyondellBasell Industries Holdings B.V., ExxonMobil Corporation, Dow Chemical (NYSE:DOW), Total (EPA:FP), Borealis AG, Saudi Basic Industries Corporation, Braskem S.A.,, and others.

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