Polyolefin Powder Market by End-user and Geography - Forecast and Analysis 2022-2026

Published: Jan 2022 Pages: 120 SKU: IRTNTR72144

The polyolefin powder market share is expected to increase by 2946.12 thousand tons from 2021 to 2026, at a CAGR of 4.93%.

This polyolefin powder market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers polyolefin powder market segmentation by end-user (packaging, building and construction, automotive, and others) and geography (APAC, North America, Europe, South America, and MEA). The polyolefin powder market report also offers information on several market vendors, including Borealis AG, Coperion GmbH, Eastman Chemical Co., Exxon Mobil Corp., INEOS Group Holdings SA, LyondellBasell Industries NV, Micro Powders Inc., Mitsui Chemicals Inc., Moretex Chemical, and Saudi Basic Industries Corp. among others.

What will the Polyolefin Powder Market Size be During the Forecast Period?

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Polyolefin Powder Market: Key Drivers, Trends, and Challenges

The strong demand from the automotive industry is notably driving the polyolefin powder market growth, although factors such as growing awareness of the negative impact of plastic on the environment may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the polyolefin powder industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Polyolefin Powder Market Driver

One of the key factors driving the global polyolefin powder market growth is the strong demand from the automotive industry for interior and exterior automotive applications to replace traditional materials. Polyolefin helps to reduce weight, conserve fuel, and provides added comfort and safety, making it an ideal choice for automobile applications. Factors such as the increase in disposable incomes and a rise in middle-class population, especially in developing nations such as China, Brazil, and India are expected to fuel the demands in the automotive sector and increase the number of first-time buyers. For instance, the total disposable incomes of Indian households have been increasing since 2018, therefore it is estimated that car penetration levels will also increase significantly in India by 2022. Moreover, the launch of affordable cars by OEMs in the market is expected to drive the growth of the automotive industry, which, in turn, will drive the growth of the market during the forecast period.

Key Polyolefin Powder Market Trend

Another key factor driving the global polyolefin powder market growth is the increasing demand from rotomolding (rotational molding) applications, as it works well for big, one-piece hollow objects and double-walled open containers such as tanks, kayaks, and coolers. It is most cost-effective for yearly production numbers fewer than 3,000, making it perfect for innovators, start-ups, and small enterprises. Polyethylene powder is often utilized in rotational molding due to the available forms of various density types. Rotational molding is expected to account for the majority of demand because of its high flexibility, superior wrap resistance, uniform shrinkage, and cost-effectiveness in manufacturing automobile fuel tanks, water, sewage, oil, chemicals tanks, and plastic containers. Moreover, it does not require thermally stable additives and can be formed using high-temperature and high-speed rotational molding equipment without severe oxidation. Hence, the increase in the number of rotomolding applications will fuel the demand for polyolefin powder during the forecast period.

Key Polyolefin Powder Market Challenge

One of the key challenges to the global polyolefin powder market growth is the growing awareness of the negative impact of plastic on the environment. Polyethylene is toxic if its components leak into beverages and products that could cause health and pregnancy risks, hence agencies are imposing strict laws to regulate their use. The Environmental Protection Agency (EPA) and Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) impose stringent regulations on the use of plastics. The European Union (EU) specifies guidelines on the use of plastics for indirect food additives. In Europe, the regulation EU- No 10/2011 specifies guidelines on the use of plastic materials as indirect food additives. In the US, the Code of Federal Regulation (CFR) 21 Part 177 specifies guidelines on the use of plastic polymers in indirect food additives. Such stringent regulations on the use of polyolefin powder is expected to hamper the demand for polythene, thereby impacting the growth of the market during the forecast period.

This polyolefin powder market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global polyolefin powder market as a part of the global commodity chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the polyolefin powder market during the forecast period.

Who are the Major Polyolefin Powder Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Borealis AG
  • Coperion GmbH
  • Eastman Chemical Co.
  • Exxon Mobil Corp.
  • INEOS Group Holdings SA
  • LyondellBasell Industries NV
  • Micro Powders Inc.
  • Mitsui Chemicals Inc.
  • Moretex Chemical
  • Saudi Basic Industries Corp.

 

This statistical study of the polyolefin powder market encompasses successful business strategies deployed by the key vendors. The polyolefin powder market is fragmented and the vendors are deploying growth strategies such as mergers and acquisitions to compete in the market.

Product Insights and News

  • Borealis AG - The company offers polyolefin powder that plays an important role in safeguarding the quality and safety of consumer and industrial products, but also fulfills the demand for enhanced functionality and convenience, under the brand name of Borealis.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The polyolefin powder market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Polyolefin Powder Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the polyolefin powder market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the global commodity chemicals market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

 

Which are the Key Regions for Polyolefin Powder Market?

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64% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for the polyolefin powder market in APAC. However, market growth in APAC will be slower than the growth of the market in other regions.

The significant increase in demand for polyolefin powder by end-user industries such as automotive and construction and the presence of major automobile manufacturers in countries such as China, India, Japan, and South Korea will facilitate the polyolefin powder market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 hampered the growth of the polyolefin powder market in the region. Several countries, such as China, India, Nepal, Pakistan, South Korea, Malaysia, Sri Lanka, and the Philippines, were under a partial or full lockdown due to the COVID-19 pandemic. In March 2020, India imposed a total lockdown to prevent the community spread of the disease. Most manufacturing industries in APAC were affected by these lockdowns and stringent social distancing norms. However, with the initiation of vaccination drives, the number of COVID-19 cases declined in the first half of 2021, which led to the lifting of lockdown restrictions in the region. Eventually, factories and manufacturing units reopened, and construction activities also gained pace, which will help in the recovery of the polyolefin powder market.

What are the Revenue-generating End-user Segments in the Polyolefin Powder Market?

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The polyolefin powder market share growth by the packaging segment will be significant during the forecast period. The rise in the demand for polyolefins such as polyethylene and polypropylene for food packaging and delivery will support the growth of the market in focus. Moreover, the adoption of shrink wrap, and low-density polyethylene (LDPE) for packaging, as it is a sustainable option for many manufacturers (due to its low-cost and recyclability) will further support the polyolefin powder market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the polyolefin powder market size and actionable market insights on post COVID-19 impact on each segment.

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Polyolefin market - The market size is expected to grow by $ 70.60 bn and record a CAGR of 5% during 2020-2024.

Polyolefin Powder Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 4.93%

Market growth 2022-2026

2946.12 thousand tons

Market structure

Fragmented

YoY growth (%)

5.97

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 64%

Key consumer countries

China, US, India, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Borealis AG, Coperion GmbH, Eastman Chemical Co., Exxon Mobil Corp., INEOS Group Holdings SA, LyondellBasell Industries NV, Micro Powders Inc., Mitsui Chemicals Inc., Moretex Chemical, and Saudi Basic Industries Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Polyolefin Powder Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive polyolefin powder market growth during the next five years
  • Precise estimation of the polyolefin powder market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the polyolefin powder industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of polyolefin powder market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

***1. Executive Summary                           

                **1.1 Market Overview

                                *Exhibit 01:  Key Finding 1

                                *Exhibit 02:  Key Finding 2

                                *Exhibit 03:  Key Finding 3

                                *Exhibit 04:  Key Finding 5

                                *Exhibit 05:  Key Finding 6

                                *Exhibit 06:  Key Finding 7

                                *Exhibit 07:  Key Finding 8

***2. Market Landscape                             

                **2.1 Market ecosystem             

                                *2.1.1 Parent market

                                *Exhibit 08:  Parent market

                                *Exhibit 09:  Market characteristics

                **2.2 Value chain analysis           

                                *Exhibit 10:  Value chain analysis: Commodity Chemicals

                                *2.2.1 Inputs

                                *2.2.2 Inbound logistics

                                *2.2.3 Operations

                                *2.2.4 Outbound logistics

                                *2.2.5 Marketing and sales

                                *2.2.6 Support activities

                                *2.2.7 Innovations

***3. Market Sizing                       

                **3.1 Market definition

                                *Exhibit 11:  Offerings of vendors included in the market definition

                **3.2 Market segment analysis 

                                *Exhibit 12:  Market segments

                **3.3 Market size 2021 

                **3.4 Market outlook: Forecast for 2021 - 2026 

                                *3.4.1 Estimating growth rates for emerging and high-growth markets

                                *3.4.2 Estimating growth rates for mature markets

                                *Exhibit 13:  Global - Market size and forecast 2021 - 2026 (thousand tons)

                                *Exhibit 14:  Global market: Year-over-year growth 2021 - 2026 (%)

***4. Five Forces Analysis                          

                **4.1 Five Forces Summary        

                                *Exhibit 15:  Five forces analysis 2021 & 2026

                **4.2 Bargaining power of buyers           

                                *Exhibit 16:  Bargaining power of buyers

                **4.3 Bargaining power of suppliers       

                                *Exhibit 17: Bargaining power of suppliers

                **4.4 Threat of new entrants    

                                *Exhibit 18:  Threat of new entrants

                **4.5 Threat of substitutes         

                                *Exhibit 19: Threat of substitutes

                **4.6 Threat of rivalry   

                                *Exhibit 20: Threat of rivalry

                **4.7 Market condition

                                *Exhibit 21:  Market condition - Five forces 2021

***5. Market Segmentation by End-user                             

                **5.1 Market segments

                                *The segments covered in this chapter are:

  • Non-organic
  • Organic

                                *Exhibit 22:  End-user - Market share 2021-2026 (%)

                **5.2 Comparison by End-user  

                                *Exhibit 23:  Comparison by End-user

                **5.3 Packaging - Market size and forecast 2021-2026     

                                *Exhibit 24:  Packaging - Market size and forecast 2021-2026 (thousand tons)

                                *Exhibit 25:  Packaging - Year-over-year growth 2021-2026 (%)

                **5.4 Building and construction - Market size and forecast 2021-2026      

                                *Exhibit 26:  Building and construction - Market size and forecast 2021-2026 (thousand tons)

                                *Exhibit 27:  Building and construction - Year-over-year growth 2021-2026 (%)

                **5.5 Automotive - Market size and forecast 2021-2026 

                                *Exhibit 28:  Automotive - Market size and forecast 2021-2026 (thousand tons)

                                *Exhibit 29:  Automotive - Year-over-year growth 2021-2026 (%)

                **5.6 Others - Market size and forecast 2021-2026           

                                *Exhibit 30:  Others - Market size and forecast 2021-2026 (thousand tons)

                                *Exhibit 31:  Others - Year-over-year growth 2021-2026 (%)

                **5.7 Market opportunity by End-user  

                                *Exhibit 32:  Market opportunity by End-user

***6. Customer landscape                         

                                *Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

                **6.1 Overview

                                *Exhibit 33:  Customer landscape

***7. Geographic Landscape                     

                **7.1 Geographic segmentation

                                *The regions covered in the report are:

  • APAC
  • North America
  • Europe
  • South America
  • MEA

                                *Exhibit 34:  Market share by geography 2021-2026 (%)

                **7.2 Geographic comparison   

                                *Exhibit 35:  Geographic comparison

                **7.3 APAC - Market size and forecast 2021-2026              

                                *Exhibit 36:  APAC - Market size and forecast 2021-2026 (thousand tons)

                                *Exhibit 37:  APAC - Year-over-year growth 2021-2026 (%)

                **7.4 North America - Market size and forecast 2021-2026           

                                *Exhibit 38:  North America - Market size and forecast 2021-2026 (thousand tons)

                                *Exhibit 39:  North America - Year-over-year growth 2021-2026 (%)

                **7.5 Europe - Market size and forecast 2021-2026          

                                *Exhibit 40:  Europe - Market size and forecast 2021-2026 (thousand tons)

                                *Exhibit 41:  Europe - Year-over-year growth 2021-2026 (%)

                **7.6 South America - Market size and forecast 2021-2026           

                                *Exhibit 42:  South America - Market size and forecast 2021-2026 (thousand tons)

                                *Exhibit 43:  South America - Year-over-year growth 2021-2026 (%)

                **7.7 MEA - Market size and forecast 2021-2026               

                                *Exhibit 44:  MEA - Market size and forecast 2021-2026 (thousand tons)

                                *Exhibit 45:  MEA - Year-over-year growth 2021-2026 (%)

                **7.8 Key leading countries        

                                *Exhibit 46:  Key leading countries

                **7.9 Market opportunity by geography

                                *Exhibit 47:  Market opportunity by geography (thousand tons)

***8. Drivers, Challenges, and Trends                   

                **8.1 Market drivers     

                                *8.1.1 Strong demand from the automotive industry

                                *8.1.2 Increased demand in the packaging industry

                                *8.1.3 Rise in constructional activities

                **8.2 Market challenges              

                                *8.2.1 Growing awareness of the negative impact of plastic on the environment

                                *8.2.2 Volatility of raw material cost

                                *8.2.3 Challenges in formulating effective polyolefin compounds

                                *Exhibit 48:  Impact of drivers and challenges

                **8.3 Market trends      

                                *8.3.1 Increasing demand from rotomolding application

                                *8.3.2 Recycling of polyolefin products

                                *8.3.3 Expansion of production capacities of polyolefin

***9. Vendor Landscape                             

                **9.1 Overview

                                *Exhibit 49:  Vendor landscape

                **9.2 Landscape disruption        

                                *Exhibit 50:  Landscape disruption

                                *Exhibit 51:  Industry risks

                **9.3 Competitive landscape     

***10. Vendor Analysis               

                **10.1 Vendors covered              

                                *Exhibit 52:  Vendors covered

                **10.2 Market positioning of vendors    

                                *Exhibit 53: Market positioning of vendors

                **10.3 Borealis AG         

                                *Exhibit 54:  Borealis AG - Overview

                                *Exhibit 55:  Borealis AG - Business segments

                                *Exhibit 56:  Borealis AG - Key offerings

                                *Exhibit 57:  Borealis AG - Segment focus

                **10.4 Coperion GmbH

                                *Exhibit 58:  Coperion GmbH - Overview

                                *Exhibit 59:  Coperion GmbH - Product and service

                                *Exhibit 60:  Coperion GmbH - Key offerings

                **10.5 Eastman Chemical Co.    

                                *Exhibit 61:  Eastman Chemical Co. - Overview

                                *Exhibit 62:  Eastman Chemical Co. - Business segments

                                *Exhibit 63:  Eastman Chemical Co. - Key offerings

                                *Exhibit 64:  Eastman Chemical Co. - Segment focus

                **10.6 Exxon Mobil Corp.            

                                *Exhibit 65:  Exxon Mobil Corp. - Overview

                                *Exhibit 66:  Exxon Mobil Corp. - Business segments

                                *Exhibit 67:  Exxon Mobil Corp. – Key news

                                *Exhibit 68:  Exxon Mobil Corp. - Key offerings

                                *Exhibit 69:  Exxon Mobil Corp. - Segment focus

                **10.7 INEOS Group Holdings SA              

                                *Exhibit 70:  INEOS Group Holdings SA - Overview

                                *Exhibit 71:  INEOS Group Holdings SA - Business segments

                                *Exhibit 72:  INEOS Group Holdings SA - Key offerings

                                *Exhibit 73:  INEOS Group Holdings SA - Segment focus

                **10.8 LyondellBasell Industries NV       

                                *Exhibit 74:  LyondellBasell Industries NV - Overview

                                *Exhibit 75:  LyondellBasell Industries NV - Business segments

                                *Exhibit 76:  LyondellBasell Industries NV – Key news

                                *Exhibit 77:  LyondellBasell Industries NV - Key offerings

                                *Exhibit 78:  LyondellBasell Industries NV - Segment focus

                **10.9 Micro Powders Inc.          

                                *Exhibit 79:  Micro Powders Inc. - Overview

                                *Exhibit 80:  Micro Powders Inc. - Product and service

                                *Exhibit 81:  Micro Powders Inc. - Key offerings

                **10.10 Mitsui Chemicals Inc.    

                                *Exhibit 82:  Mitsui Chemicals Inc. - Overview

                                *Exhibit 83:  Mitsui Chemicals Inc. - Business segments

                                *Exhibit 84:  Mitsui Chemicals Inc. - Key offerings

                                *Exhibit 85:  Mitsui Chemicals Inc. - Segment focus

                **10.11 Moretex Chemical         

                                *Exhibit 86:  Moretex Chemical - Overview

                                *Exhibit 87:  Moretex Chemical - Product and service

                                *Exhibit 88:  Moretex Chemical - Key offerings

                **10.12 Saudi Basic Industries Corp.       

                                *Exhibit 89:  Saudi Basic Industries Corp. - Overview

                                *Exhibit 90:  Saudi Basic Industries Corp. - Business segments

                                *Exhibit 91:  Saudi Basic Industries Corp. – Key news

                                *Exhibit 92:  Saudi Basic Industries Corp. - Key offerings

                                *Exhibit 93:  Saudi Basic Industries Corp. - Segment focus

***11. Appendix                            

                **11.1 Scope of the report         

                                *11.1.1 Market definition

                                *11.1.2 Objectives

                                *11.1.3 Notes and caveats

                **11.2 Currency conversion rates for US$            

                                *Exhibit 94:  Currency conversion rates for US$

                **11.3 Research Methodology 

                                *Exhibit 95:  Research Methodology

                                *Exhibit 96:  Validation techniques employed for market sizing

                                *Exhibit 97:  Information sources

                **11.4 List of abbreviations        

                                *Exhibit 98:  List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

PURCHASE FULL REPORT OF

polyolefin powder market

Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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