Growing automotive industry, coupled with high demand for polyolefin powders to manufacture lightweight superior quality automobile parts are key factors driving market revenue growth.
Market Size - USD 7,834.8 Million in 2020, Market Growth - CAGR of 4.7%, Market Trends - Increasing focus of polyolefin powder manufacturers towards adoption of bio-chemicals.
The global polyolefin powders market size is expected to reach USD 11.39 Billion in 2028, and register a CAGR of 4.7% during the forecast period. Market growth can be attributed to increasing consumption of polyolefin powders in wide range of applications including masterbatch, roto-molding, dusting and sintering agents, Bulk Molding Compounds (BMC), and Sheet Molding Compounds (SMC), among others. This powder is widely used for manufacturing toys, tanks, containers, automobile parts, paints & coatings, batteries, cosmetics, etc.
Increasing use of polyolefin powders in SLS (Selective Laser Sintering) powder bed for 3D printing applications, and in commercial Li-Ion batteries as a separator, coupled with high demand for Li-Ion batteries in various end-use industries are other major factor driving growth of the global polyolefin powders market. However, production of these polymers require use of harmful chemicals, which are being banned in most of the regions, which could hamper market growth to some extent.
Some Key Findings From the Report:
For the purpose of this report, the global polyolefin powders market is segmented on the basis of chemical type, application type, end-use, and region:
Chemical Type Outlook
Application Outlook
End-Use Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 7,834.8 Million in 2020, Market Growth - CAGR of 4.7%, Market Trends - Increasing focus of polyolefin powder manufacturers towards adoption of bio-chemicals.
The global polyolefin powders market size is expected to reach USD 11.39 Billion in 2028, and register a CAGR of 4.7% during the forecast period. Market growth can be attributed to increasing consumption of polyolefin powders in wide range of applications including masterbatch, roto-molding, dusting and sintering agents, Bulk Molding Compounds (BMC), and Sheet Molding Compounds (SMC), among others. This powder is widely used for manufacturing toys, tanks, containers, automobile parts, paints & coatings, batteries, cosmetics, etc.
Increasing use of polyolefin powders in SLS (Selective Laser Sintering) powder bed for 3D printing applications, and in commercial Li-Ion batteries as a separator, coupled with high demand for Li-Ion batteries in various end-use industries are other major factor driving growth of the global polyolefin powders market. However, production of these polymers require use of harmful chemicals, which are being banned in most of the regions, which could hamper market growth to some extent.
Some Key Findings From the Report:
- Among the application segments, the masterbatch segment accounted for substantially large revenue share in 2020. The sheet molding compound segment is expected to register a robust revenue CAGR during the forecast period.
- Among the chemical type segments, the polyethylene segment accounted for the largest revenue share in 2020.
- North America market accounted for the largest revenue share in 2020, due to well-established end-use industries, advancements using high-end technology by players in the region.
- Europe market is expected to register a substantially high revenue growth rate during the forecast period.
- The Asia Pacific market is expected to register a robust revenue CAGR during the forecast period, due to growing demand for the product from rapidly-growing end-use industries such as automotive, paints & coatings, construction, etc.
- Companies profiled in the market report include Exxon Mobil, Lyondellbasell, Ineos Group Holdings S.A., Merck KGaA, Borealis AG, Eastman Chemical, Axalta Coating Systems, Mitsui Chemicals, SABIC, and Wacker Chemie. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global polyolefin powders market is segmented on the basis of chemical type, application type, end-use, and region:
Chemical Type Outlook
- Polyethylene
- Polypropylene
- EVA
- Others
Application Outlook
- Rotomolding
- Masterbatch
- SMC
- BMC
- Dusting Agents
- Sintering Agents
- Others
End-Use Outlook
- Toys, Tanks & Containers
- Automotive & Transportation
- Paints & Coatings
- Cosmetics
- Battery
- Building & construction
- Others
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Polyolefin Powders Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in Polyolefin Powders Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Polyolefin Powders Market Segmentation & Impact Analysis
Chapter 5. Polyolefin Powders By Chemical Type Insights & Trends
Chapter 6. Polyolefin Powders By Application Type Insights & Trends
Chapter 7. Polyolefin Powders By End-Use Insights & Trends
Chapter 8. Polyolefin Powders Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- Exxon Mobil
- Lyondellbasell
- Ineos Group Holdings S.A.
- Merck KGaA
- Borealis AG
- Eastman Chemical
- Axalta Coating Systems
- Mitsui Chemicals
- SABIC
- Wacker Chemie
