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North America Polyolefin Market Forecast 2016-2023

North America Polyolefin Market Forecast 2016-2023

KEY FINDINGS
North America has one of the largest polyolefin markets. The high demand of the polyolefins and favorable environment for the production of the polyolefins has widened the scope of the market. Due to this many companies are investing in the region and this is expected to create further growth opportunities for the market. The global polyolefin market has been consistently growing, owing to the growing demand and usage in automotive, electronics, and packaging industries. However, over the forecasted period increased demand from automotive and agriculture sector are expected to drive the market growth. North America is a relatively mature market and is estimated to project stagnant growth.
The global polyolefin market is poised to grow from during 2016-2023. Various reasons for growth of the polyolefin market are preference of finished plastics, increase in consumption across various industries, growing construction sector, higher need for flexible packaging and modifying raw material scenario.
Polyolefin is a class of polymers that are made from one monomer (olefin) consisting of only hydrogen and carbon atoms. These are high molecular weight hydrocarbons and it is determined by its weight and degree of crystallinity. These have very high chemical resistance, chemically stable and are unaffected by chemical solvents. These cannot be joined using solvent welding. These are preferred over metallic and nonmetallic substitutes due to their longer durability, lighter weight and resistance to physical and chemical attacks. Polyolefins used across a wide variety of industrial and commercial applications.
Polyolefin market is segmented on the basis of geography, type, end user and application. Polyolefins find applications in industries such as film and sheet, injection molding, blow molding and fibers and tapes. Polyolefins can be classified as polyethylene, polypropylene, polybutene and others. Polyethylene can be further classified as high-density polyethylene, low-density polyethylene and linear low-density polyethylene. End users for polyolefins are construction industry, transportation industry, electrical and electronics, consumer goods, healthcare and medical and others.

Market Insights
Market drivers for polyolefins are increase in demand from end use industries like construction and automotive, improving economies has led to higher construction activity, increasing disposable incomes, higher demand for flexible packaging, modifying raw material scenario and favorable government policies.

Polyethylene has the largest market share of all polyolefins. Market factors driving growth of polyethylene are its low cost, capability to be fabricated by using modern technologies such as extrusion, blow molding, calendaring and injecting molding and rubber like properties that make them suitable for high performance industrial application. Polyethylene has a current market share of around 36% of the whole world plastics market followed by polypropylene at 20%. Polyethylene will continue to dominate the market share for polyolefins in the forecast period as well. Low density and high density polyethylene are being used to develop sustainable and high quality packaging films.

Films and sheets were the biggest application segment and are expected to continue growing in the forecast period due to increase in demand for construction, packaging and trash bags. Injection molding will be the fastest growing segment in the forecast period due to increase in demand from manufacturing, automotive components and electrical and electronic appliances. It is expected that there will be high volumetric consumption of fiber & tapes in beverage and FMCG bottling. High demand for green building materials and polymers is likely to be a market booster for this industry in the forecast period.

Factors that will restrain market growth are high capacity to demand ratio, unstable crude oil and natural gas supplies and environmental concerns.


1. Executive Summary
1. Estimation Methodology
2. Market Overview
1. Introduction
2. Environmental Concerns
3. Value Chain Analysis
4. Key Buying Criteria
3. Market Determinants
1. Drivers Of Polyolefines Market
2. Restraints
3. Opportunities
4. Challenges
4. Market Segmentation
5. North America
1. United States
2. Canada
3. Rest Of North America
6. Polyolefin Market By Application
1. Packaging
2. Automotive
3. Electronics
4. Agriculture
5. Construction Materials
6. Healthcare
7. Consumer Goods
8. Others
7. Polyolefin Market By Material Types
1. Hdpe
2. Ldpe
3. Lldpe
4. Pp
5. Recycling Pp
8. Polyolefin Market By Raw Material Type
1. Bio-based Polyolefins
2. Petro-based Polyolefins
9. Competitive Intelligence
1. Key Company Analysis
2. Market Share Analysis
10. Company Profiling
1. Asahi Kasei
2. Basf
3. Braskem S.A.
4. Formosa Plastics Corporation
5. Chevron Phillips Inc.
List Of Table
Table 1. Government Initiatives To Promote Bio-plastics
Table 2. North America Polyolefin Market By Application 2016-2023 (In Million Metric Tons)
Table 3. North America Polyolefin Packaging Application Market By Geography 2016-2023 (In Million Metric Tons)
Table 4. North America Polyolefin Automobile Application Market By Geography 2016-2023 (In Million Metric Tons)
Table 5. North America Polyolefin Electronics Application Market By Geography 2016-2023 (In Million Metric Tons)
Table 6. North America Polyolefin Agriculture Application Market By Geography 2016-2023 (In Million Metric Tons)
Table 7. North America Polyolefin Construction Application Market By Geography 2016-2023 (In Million Metric Tons)
Table 8. North America Hdpe Polyolefin Market By Geography 2016-2023 (In Million Metric Tons)
Table 9. North America Ldpe Polyolefin Market By Geography 2016-2023 (In Million Metric Tons)
Table 10. North America Polypropylene Polyolefin Market By Geography 2016-2023 (In Million Metric Tons)
Table 11. Import And Export Volume Of Polymer Bags In Packaging Products Industries (Tons)
Table 12. North America Polyolefin Market By Region 2016-2023 (In Million Metric Tons)
List Of Figures
Figure 1. North America Polyolefin Market By Applications (%) In 2016
Figure 2. North America Polyolefin Market By Region (%) 2016 And 2023
Figure 3. North America Polyolefin Market 2016-2023 (In Million Metric Tons)
Figure 4. North America Polyolefin Market For Automobile Industry 2016-2023 (In Million Metric Tons)
Figure 5. North America Polyolefin Market By Material Type 2016 And 2023 (In Million Metric Tons)
Figure 6. Crude Price Per Barrel In Dollar
Figure 7. Top 10 Natural Gas Producers In 2015 (In Bcm)
Figure 8. Contribution Of Applications To Polyolefin Market
Figure 9. Advantages Offered By Polyolefins In Packaging & Food Industry
Figure 10. Trends In Specific Polyolefin Applications
Figure 11. North America Polyolefin Packaging Application Market 2016-2023 (In Million Metric Tons)
Figure 12. North America Polyolefin Electronics Application Market 2016-2023 (In Million Metric Tons)
Figure 13. North America Polyolefin Agriculture Application Market 2016-2023 (In Million Metric Tons)
Figure 14. North America Polyolefin Construction Application Market 2016-2023 (In Million Metric Tons)
Figure 15. North America Polyolefin Healthcare Application Market 2016-2023 (In Million Metric Tons)
Figure 16. North America Polyolefin Healthcare Application Market By Geography 2016-2023 (In Million Metric Tons)
Figure 17. North America Polyolefin Consumer Goods Application Market 2016-2023 (In Million Metric Tons)
Figure 18. North America Polyolefin Consumer Goods Application Market By Geography 2016-2023 (In Million Metric Tons)
Figure 19. North America Polyolefin Other Applications Market By Geography 2016-2023 (In Million Metric Tons)
Figure 20. North America Polyolefin Other Applications Market By Geography 2016-2023 (In Million Metric Tons)
Figure 21. North America Polyolefin Market By Material Types 2016-2023 (In Million Metric Tons)
Figure 22. North America Hdpe Polyolefin Market 2016-2023 (In Million Metric Tons)
Figure 23. North America Ldpe Polyolefin Market 2016-2023 (In Million Metric Tons)
Figure 24. North America Lldpe Polyolefin Market 2016-2023 (In Million Metric Tons)
Figure 25. North America Lldpe Polyolefin Market By Geography 2016-2023 (In Million Metric Tons)
Figure 26. North America Pp Polyolefin Market 2016-2023 (In Million Metric Tons)
Figure 27. Recycled Pp Bottles In Us (In Million Pounds)
Figure 28. North America Bio-based Polyolefins Market 2016-2023 (In Million Metric Tons)
Figure 29. North America Petro-based Polyolefins Market 2016-2023 (In Million Metric Tons)
Figure 30. North America Polyolefin Market Share (On The Basis Of Capacity)
Figure 31. Us Polyolefin Market 2014-2021 ($ Billion)
Figure 32. Shale Oil Gas Production In The United States In 2014 (In Billion Cubic Fet)
Figure 33. Shale Gas And Tight Oil Production In U.S. (1999-2015)
Figure 34. Canada Polyolefin Market 2014-2021 ($ Billion)

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