According to a market report by Lucintel, the future of the global polyolefin resin market looks promising with opportunities in the medical device field, automotive field, and chemical field markets. The global polyolefin resin market is expected to reach an estimated $193 billion by 2030 with a CAGR of 2.1% from 2024 to 2030. The major drivers for this market are rising adaptation across the end-use industries, growing awareness towards health hazards and consumer safety in various industries, and increasing inclination towards polyolefins rather than PVC.
A more
than 150-page report to understand trends, opportunity and forecast in global polyolefin
resin market to 2030 by product (polyethylene and polypropylene), application
(medical device field, automotive field, and chemical field), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that polyethylene is expected to witness the higher growth over the
forecast period due to its high polymer density and higher degree of
crystallinity.
Within
this market, automotive field will remain the largest segment due to increasing
adoption of these resins owing to their properties, such as lightweight, ease
of processing, sealing, and stiffness.
Download
sample by clicking on polyolefin resin
market.
APAC will
remain the largest region over the forecast period due to significantly growing
automotive production and presence of key manufacturer in the region.
Mitsui
Chemical, Arkema, CNPC, Exxonmobil, Lyondellbasell are the major suppliers in
the polyolefin resin market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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