DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "North America Polyolefin Market Forecast 2017-2025" report to their offering.
The North America polyolefin market generated a revenue of 27.67 million metric tons in 2016 and is anticipated to contribute 44.40 million metric ton by 2025, growing at a CAGR of 5.47%.
North America has one of the largest polyolefin markets. The high demand of the polyolefins and favorable environment for the production of the polyolefins has widened the scope of the market. Due to this many companies are investing in the region and this is expected to create further growth opportunities for the market. The global polyolefin market has been consistently growing, owing to the growing demand and usage in automotive, electronics, and packaging industries. However, over the forecasted period increased demand from automotive and agriculture sector are expected to drive the market growth. North America is a relatively mature market and is estimated to project stagnant growth.
Market drivers for polyolefins are increase in demand from end use industries like construction and automotive, improving economies has led to higher construction activity, increasing disposable incomes, higher demand for flexible packaging, modifying raw material scenario and favorable government policies.
Key Topics Covered:
1. Executive Summary
2. Market Overview
3. Market Determinants
4. Market Segmentation
Polyolefin Market By Application
- Construction Materials
- Consumer Goods
Polyolefin Market By Material Types
- Recycling Pp
Polyolefin Market By Raw Material Type
- Bio-Based Polyolefins
- Petro-Based Polyolefins
5. Competitive Intelligence
6. Company Profiling
- Asahi Kasei
- Braskem S.A.
- Formosa Plastics Corporation
- Chevron Phillips Inc.
For more information about this report visit http://www.researchandmarkets.com/research/5rdhm2/north_america