Industry Background:
Polyolefin is a polymer manufactured from olefin. Performance polyolefins are high used in the automotive industry for interior, exterior, and under-the-hood applications. The major reasons behind its rapid adoption because of its lightweight and high flow, its reduced density, and higher flow grades. The manufacturers are highly investing in research and development.
According to AMA Research, the market for Performance Polyolefins is expected to register a CAGR of 4.8% during the forecast period to 2027. This growth is primarily driven by Development in the Automotive Industry
.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies in Study | ExxonMobil Chemical (United States), Mitsubishi Chemical Corporation (Japan), Dow Chemical (United States), Borealis AG (Austria), Arkema (France), LyondellBasell (Netherlands), SABIC (Saudi Arabia), China National Petroleum Corporation (CNPC) (China) and Plastemart.com (India) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident Huge Investment in Research and Development
. Major Vendors, such as ExxonMobil Chemical (United States), Mitsubishi Chemical Corporation (Japan), Dow Chemical (United States), Borealis AG (Austria), Arkema (France), LyondellBasell (Netherlands), SABIC (Saudi Arabia), China National Petroleum Corporation (CNPC) (China) and Plastemart.com (India) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Development in the Automotive Industry
- High Availability on Low Cost
Market Trend
- Huge Investment in Research and Development
- Increase in Market Competency
Restraints
- The Slowdown in Economy Because of Coronavirus Pandemic
Opportunities
Growing Demand from OEM Manufacturing and Increase in Requirement from China Industry
Challenges
Fluctuation in Price of Raw Materials
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Performance Polyolefins Study Sheds Light on
The Performance Polyolefins Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Performance Polyolefins industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Performance Polyolefins industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.