Asia-Pacific Polyolefin (PO) Market - Segmented by Material Type, Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4536104
  • Report
  • Region: Asia Pacific
  • 110 pages
  • Mordor Intelligence
UP TO OFF
until Dec 31st 2018
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FEATURED COMPANIES

  • Arkema
  • Borealis AG
  • Braskem
  • DowDuPont
  • Exxon Mobil Corporation
  • INEOS
  • MORE
The Asia-Pacific polyolefin (PO) market is expected to grow at a moderate rate during the forecast period (2018 - 2023). China is estimated to lead the market, owing to the growing demand from the home appliance, electronic, and automotive sectors. Film is expected to be the fastest end-use application market.

Shift in Preference from Rigid Packaging to Flexible Packaging

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. In addition, growing demand for miniature packages for consumer products that are light in weight and convenient for travel purposes has shifted the consumer preference from rigid packaging to flexible packaging. This shift in preferences has increased the consumption of flexible packaging, which, in turn, is driving the demand for polyolefin.

Film Application is Expected to be the Fastest Market

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, and South Korea, 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. In addition, increase in demand for packaged food and ready-to-eat food among the population is expected to drive the polyolefin market for film end use during the forecast period.

China to Lead the Market

China is projected to dominate the polyolefin market during the forecast period, due to the growing demand from the home appliance, electronic, and automotive sectors. Increase in sales of household appliances and electronic equipment due to change in lifestyle and rapid urbanization have raised the consumption of polyolefin. In addition, increase in the number of consumers willing to purchase new cars and pay for after-sales services has increased the consumption of automotive parts, which, in turn, is driving the demand for polyolefin in the country.

Major Players: Sinopec Corporation, Lyondellbasell Industries Holdings N.V., Exxonmobil Chemical, Saudi Arabia Basic Industries Corporation, the DOW Chemical Company, and Braskem S.A., among others

Reasons to Purchase the Report

To understand the impact of end-use application on the market

Analyzing various perspectives of the market with the help of Porter’s five forces analysis

To understand the dominating material type in the market

Countries expected to witness the fastest growth during the forecast period

Identify the latest developments, market shares, and strategies employed by the major market players

3 month analyst support, along with the Market Estimate sheet (in Excel)

Customization of the Report

This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you to get a report that suits your needs.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Arkema
  • Borealis AG
  • Braskem
  • DowDuPont
  • Exxon Mobil Corporation
  • INEOS
  • MORE
1. Introduction
1.1 Research Phases
1.2 Scope of the Market
1.3 Study Deliverables

2. Executive Summary

3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter's Five Forces Analysis
3.2.1 Threat of New Entrants
3.2.2 Threat of Substitute Products and Services
3.2.3 Bargaining Power of Buyers
3.2.4 Bargaining Power of Suppliers
3.2.5 Degree of Competition

4. Market Dynamics
4.1 Drivers
4.1.1 Shift In Preferences From Rigid Packaging To Flexible Packaging
4.1.2 Changing Raw Material Supply Scenario
4.2 Restraints
4.2.1 Growing Environmental Concerns
4.2.2 Other Restraints
4.3 Opportunities
4.3.1 Growing Focus on Green Polyolefin
4.3.2 Growth in End-use Applications

5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Material Type
5.1.1 Polyethylene (PE)
5.1.1.1 Low-density Polyethylene (LDPE)
5.1.1.2 Linear Low-density Polyethylene (LLDPE)
5.1.1.3 High-density Polyethylene (HDPE)
5.1.1.4 Others
5.1.2 Polypropylene (PP)
5.1.3 Ethyl Vinyl Acetate (EVA)
5.2 By Application
5.2.1 Film
5.2.2 Injection Moulding
5.2.3 Blow Moulding
5.2.4 Extrusion Coating
5.2.5 Fiber
5.2.6 Others

6. Regional Market Analysis (Market Size, Growth, and Forecast)
6.1 China
6.2 India
6.3 Japan
6.4 South Korea
6.5 Australia & New Zealand
6.6 Rest of Asia-Pacific

7. Competitive Landscape
7.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players

8. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
8.1 China Petrochemical Corporation
8.2 Lyondellbasell Industries Holdings B.V.
8.3 Exxon Mobil Corporation
8.4 SABIC
8.5 DowDuPont
8.6 Braskem
8.7 Total
8.8 Arkema
8.9 Borealis AG
8.10 INEOS
8.11 Chevron Phillips Chemical Company
8.12 Formosa Plastics Corporation
8.13 Polyone
8.14 Sasol
8.15 Tosoh Corporation
*List not exhaustive

9. Disclaimer
**Subject to availability on public domain
Note: Product cover images may vary from those shown
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  • China Petrochemical Corporation
  • Lyondellbasell Industries Holdings B.V.
  • Exxon Mobil Corporation
  • SABIC
  • DowDuPont
  • Braskem
  • Total
  • Arkema
  • Borealis AG
  • INEOS
  • Chevron Phillips Chemical Company
  • Formosa Plastics Corporation
  • Polyone
  • Sasol
  • Tosoh Corporation
Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown
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