Polyolefins Market Report 2026

The polyolefins market size has grown rapidly in recent years. It will grow from $328.01 billion in 2025 to $363.59 billion in 2026 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to expansion of packaging industries, growth of consumer goods manufacturing, rising demand for molded plastic products, increasing use of polyolefins in toys and household items, availability of low-cost feedstocks.

The polyolefins market size is expected to see rapid growth in the next few years. It will grow to $535.84 billion in 2030 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to increasing sustainability regulations on plastics, rising demand for recyclable packaging, expansion of electric vehicle lightweight materials, growing investments in bio-based polyolefins, increasing adoption of circular plastic solutions. Major trends in the forecast period include increasing demand for flexible packaging materials, rising use of polyolefins in automotive components, growing adoption in blow molding applications, expansion of lightweight plastic solutions, enhanced focus on recyclable polyolefins.

The expanding construction industry is projected to drive the growth of the polyolefins market in the future. The construction industry encompasses a broad spectrum of activities related to the planning, design, development, construction, renovation, and maintenance of physical structures and infrastructure. Polyolefins are extensively utilized in this sector due to their versatile properties, numerous applications, cost-effectiveness, lightweight nature, durability, and resistance to various environmental conditions. For example, in July 2024, the US Census Bureau, a US-based government agency, reported that the value of construction activities increased from $2.01 trillion in May 2023 to $2.14 trillion in May 2024. Therefore, the growth of the construction industry is expected to significantly enhance the polyolefins market.

Key companies in the polyolefins market, exemplified by the introduction of Stelora, a sustainable engineering polymer by Borealis AG in May 2023. Stelora, part of Borealis's polyolefin portfolio, is crafted from renewable feedstock, offering sustainability, enhanced performance, processability, and versatility. It provides a more eco-friendly alternative to traditional engineering polymers like ABS and polycarbonate, boasting high heat resistance and low moisture absorption.

In April 2024, Borealis AG, an Austrian petrochemical company that operates through a network of innovation centers, manufacturing facilities, customer service centers, representative offices, subsidiaries, and affiliates, acquired Integra Plastics AG for an undisclosed sum. This acquisition is intended to enhance Borealis AG's recycling capacity, support its sustainability objectives, and expand its portfolio of high-quality circular products to meet the increasing customer demand for sustainable solutions in the plastics sector. Integra Plastics AG, based in Bulgaria, specializes in advanced materials and plastics, particularly polyolefins.

Major companies operating in the polyolefins market are ExxonMobil Corporation, Saudi Basic Industries Corporation (SABIC), China Petroleum & Chemical Corporation (Sinopec), Total SE, LyondellBasell Industries N.V., Braskem S.A., BASF SE, Reliance Industries Limited, Borealis AG, INEOS Group AG, Repsol S.A., PetroChina Company Ltd., Ducor Petrochemicals B.V., Formosa Plastics Corporation, Chevron Phillips Chemical Company LLC, Hanwha TotalEnergies Petrochemical Co. Ltd., Sasol Limited, The Dow Chemical Company, LG Chem Ltd., Sumitomo Chemical Co. Ltd., Mitsui Chemicals Inc., Westlake Chemical Corporation, Lotte Chemical Corporation, Versalis S.p.A., PTT Global Chemical Public Company Limited.

Asia-Pacific was the largest region in the polyolefins market in 2025 and is expected to be the fastest-growing region in the forecast period. The regions covered in the polyolefins market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the polyolefins market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The polyolefins market consists of sales of ethylene propylene diene monomer (EPDM) rubber. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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