LONDON--(BUSINESS WIRE)--The polyolefin market is expected to grow by USD 70.60 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the polyolefin market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through the Response, Recovery, and Renew phases. Download a Free Sample Report on COVID-19
The polyolefin market will witness a neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to decrease in 2020 as compared to 2019.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis and towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
Download the Post-Pandemic Business Planning Structure. Click here
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Major Three Polyolefin Market Participants:
Arkema SA operates its business through segments such as High Performance Materials, Industrial Specialties, and Coating Solutions. The company offers a line of functional Polyolefins through its brand names Lotader, Lotryl, and Evatane among others.
Borealis AG operates its business through segments such as Polyolefins, Base Chemicals, and Borealis NITRO. The company offers a line of products for automotive, energy, and healthcare among others.
Exxon Mobil Corp.
Exxon Mobil Corp. operates its business through segments such as Upstream, Downstream, and Chemical. The company offers Exxtral performance polyolefins suitable for automotive applications.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/polyolefin-market-industry-analysis
Polyolefin Market 2020-2024: Segmentation
Polyolefin market is segmented as below:
- Functional Polyolefin
- North America
- South America
The polyolefin market is driven by the increasing use of polyolefin films in the solar power generation industry. In addition, other factors such as the shale gas boom in North America are expected to trigger the polyolefin market toward witnessing a CAGR of about 5% during the forecast period.
Get more insights about the global trends impacting the future of the polyolefin market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR44835
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.