Market Overview

The Global Polyolefins Market was valued at USD 246,488.9 million in 2023 and is expected to reach USD 516,952.2 million by 2031 while growing at a CAGR of 9.7% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global polyolefins market growth. Polyolefins, derived primarily from olefins—hydrocarbons featuring a carbon-carbon double bond—comprise two main types: polyethylene (PE) and polypropylene (PP). Their versatile properties render these polymers crucial in the production of diverse products across various industries.

Increasing demand for flexible packaging and consumer goods, as well as appliances, propels the growth of the polyolefins market. However, obstacles like fluctuating raw material prices and growing environmental awareness, coupled with increasing regulatory scrutiny regarding plastic waste, may impede further market expansion.

Furthermore, the global polyolefins industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Material Type Analysis

The Global Polyolefins Market is segmented among Polyethylene (PE), Polypropylene (PP), Polyolefin Elastomer (POE), and Ethylene Vinyl Acetate (EVA), based on Material Type. In 2023, Polyethylene (PE) accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Application Analysis

The Global Polyolefins Market is segmented among Films and Sheets, Injection Molding, Blow Molding, Extrusion Coating, and Fibers and Raffia, based on Application. In 2023, Films and Sheets accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Polyolefins Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Arkema Group, BASF SE, Braskem, Chevron Phillips Chemical Company, China National Petroleum Corporation, China Petrochemical Corporation, Daelim, Dow, ExxonMobil Corporation, and Formosa Plastics Corporation.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Polyolefins Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Polyolefins Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Polyolefins Market Segmentation, By Material Type  

• Global Polyolefins Market Share Analysis, By Material Type  

• Global Polyolefins Market Growth Analysis, By Material Type  

• Global Polyolefins Market Trends, By Material Type  

o Polyethylene (PE)

o Polypropylene (PP)

o Polyolefin Elastomer (POE)

o Ethylene Vinyl Acetate (EVA)

6. Global Polyolefins Market Segmentation, By Application

• Global Polyolefins Market Share Analysis, By Application

• Global Polyolefins Market Growth Analysis, By Application

• Global Polyolefins Market Trends, By Application

o Films and Sheets

o Injection Molding

o Blow Molding

o Extrusion Coating

o Fibers and Raffia

7. Global Polyolefins Market Segmentation, By Region

• Global Polyolefins Market Share Analysis, By Region

• Global Polyolefins Market Growth Analysis, By Region

• Global Polyolefins Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Arkema Group*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• BASF SE

• Braskem

• Chevron Phillips Chemical Company

• China National Petroleum Corporation

• China Petrochemical Corporation

• Daelim

• Dow

• ExxonMobil Corporation

• Formosa Plastics Corporation

 *Similar analysis will be provided for each company listed above.