DUBLIN--(BUSINESS WIRE)--The "Global Polyolefin (PO) Market - Segmented by Material Type, End-use Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global polyolefin market is expected to grow at a moderate rate during the forecast period 2018-2023.
Polyolefin used for flexible packaging provides convenience and durability, which is preferred by consumers. Consumer, retail, and technology trends have contributed towards a gradual shift from rigid packaging to flexible packaging in the recent years. Busier lifestyles due to increase in urbanization have led consumers to choose convenient and portable food products with easy-to-open packaging, which produces less waste.
Film end-use application is expected to be the fastest market during the forecast period. The high level of economic growth and improvement in quality of life in countries such as China, India, South Korea, Brazil, and South Africa, among others, is expected to drive the demand for fast moving consumer goods. This increase in demand for fast moving consumer goods is estimated to increase the consumption of films used for packaging purpose.
Asia-Pacific is expected to dominate the polyolefin market during the forecast period due to the growing demand for consumer products. Increase in consumer spending on consumer products such as furniture, housewares, toys, CDs, DVDs, and corrugated boxes, coupled with increasing population in countries such as India, China, and South Korea, has increased the consumption of polyolefin.
- China Petrochemical Corporation
- Lyondellbasell Industries Holdings B.V.
- Exxon Mobil Corporation SABIC
- Borealis AG
- Chevron Phillips Chemical Company
- Formosa Plastics Corporation
- Polyone SAsol
- Tosoh Corporation
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
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