Global Market For Polyolefin Resins To Reach $187.5 Billion In 2016

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  • (1888PressRelease) December 12, 2012 - Wellesley, Mass. - According to a new technical market research report, GLOBAL MARKET FOR POLYOLEFIN RESINS (PLS052A), from BCC Research (www.bccresearch.com), the global size of the polyolefin resins market was valued at $151.1 billion in 2011. Total market value is expected to reach $187.5 billion in 2016 after increasing at a five-year compound annual growth rate (CAGR) of 4.4%.

    The market for polyolefin resins can be broken down into two segments: polypropylenes (PP) and polyethylenes (PE).
    The PP market totaled $62.4 billion in 2011 and should reach nearly $78.3 billion in 2016, a CAGR of 4.6%.
    As a segment, the PE market was valued at $88.7 billion in 2011 and should total nearly $109.3 billion in 2016, a CAGR of 4.3%.
    A polyolefin is a polymer made from an olefin monomer such as ethylene or propylene. This report covers two types of polyolefins: PE and PP.

    PE and PP are the world's most widely used commodity plastic resins. PE is the world's largest plastic resin in value terms, and PP is the second-largest. They accounted for a total of about 55% of the global plastic resins consumption in volume terms in 2010.

    PE includes LDPE, LLDPE and HDPE. LDPE and LLDPE are defined by a density range of about 9.10 g/cm3 to 9.40 g/cm3, and HDPE is defined by a density range of 9.40 g/cm3 to 9.70 g/cm3. Other PE resins may be included in any of these three products. For example, according to the standard of American Society for Testing and Materials (ASTM), a PE with density of 9.26 g/cm3 to 9.40 g/cm3 is a medium-density polyethylene (MDPE); but in this report, MDPE is included in the segment of LLDPE.

    This report will help its readers:

    Forecast the market size for polyolefin resins in terms of dollars and unit sales
    Highlight the roles played by major stakeholders and players
    Receive a comprehensive analysis of the current polyolefin market and project its future direction
    Review global markets for polyolefins and forecast trends and sales in these markets through 2016.

    This report will be valuable to many industry participants, including the following:

    Polyolefin manufacturers
    Raw material suppliers
    Catalyst manufacturers
    End users and distributors
    Financial institutions
    Academic and research institutions.

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