Polyolefin Powder Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Polyolefin Powder Market Analysis
- The polyolefin powder market is expected to witness a CAGR of around 5%. Key factors driving the market are the increasing applications of polyolefin powder in the container sector.
- The usage of polyethylene powder in the rotational molding applications for the manufacture of the container, tanks, automotive fuel tanks, etc., is also expected to drive the market demand.
- However, stringent environmental regulations, pertaining to the use of harmful chemicals in polyolefin production, are major restraints for the market. Moreover, unfavorable conditions arising due to the COVID-19 outbreak is expected to hinder the market growth.
Polyolefin Powder Market Trends
This section covers the major market trends shaping the Polyolefin Powder Market according to our research experts:
Increasing Demand from Rotomolding Application
- Polyethylene powder is used majorly in rotational molding, owing to available forms of several density types.
- Rotational molding is anticipated to account for the largest share demand, as it offers high flexibility, excellent wrap resistance, consistent shrinkage, and cost-effectiveness to manufacture automotive fuel tanks, water, septic, oil, chemicals tanks, and plastic containers.
- Additionally, it does not require stabilization additives to be thermally stable and can be molded using high temperature, high-speed rotational molding equipment without excessive oxidation.
- Rotomolded polyolefin powder is used in various end-user industries, like rubber compounding, paper coating, ink and paint formulation, and injection molding. Different grades of polyolefin powders can be utilized as per requirements of end-user industries, such as automotive and transportation, paints and coatings, and building and construction.
Asia Pacific to Dominate the Market Studied
- Asia Pacific is anticipated to hold a significant share of the global polyolefin powders market, owing to the increased demand for these powders in rotomolding and masterbatch applications in the region. These applications help in the production of plastic compounds, which are used in numerous industrial applications.
- Moreover, advancements in the automotive and transportation, paints and coatings, cosmetics, toys, tanks, and containers, and building and construction industries in developing economies, such as China and India, are boosting the polyolefin powders market.
- China is expected to dominate the market owing to the growing demand from the home appliance, electronic, and automotive sectors. The increase in sales of household appliances and electronic equipment due to the shift in lifestyle trends and rapid urbanization have raised the consumption of polyolefins.
- China has the world's largest electronics production base. With the increasing disposable incomes of the middle-class population and the growing demand for electronic products, the usage of polyolefin powders for battery applications and other electronics applications is expected to grow further during the forecast period.
- There has been a rise in the adoption of eco-friendly polyolefins that causes lower emissions and ensures minimal environmental degradation. This can be attributed to growing consumer awareness regarding environmental protection, an increase in efforts to curb plastic waste disposal, and stringent government regulations.
Polyolefin Powder Industry Overview
The polyolefin powder market is partially consolidated in nature, with a few major players dominating a significant portion of the market. Some of the major companies include LyondellBasell Industries Holdings BV, INEOS, Borealis AG, Mitsui Chemicals, and SABIC, among others.
Polyolefin Powder Market Leaders
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INEOS
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Borealis AG
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Mitsui Chemicals
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SABIC
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LyondellBasell Industries Holdings BV
*Disclaimer: Major Players sorted in no particular order
Polyolefin Powder Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
-
4.1 Drivers
- 4.1.1 Increasing Application of Polyolefin Powder in Container Sector
- 4.1.2 Increasing Demand from Rotomolding Application
-
4.2 Restraints
- 4.2.1 Stringent Environmental Regulations
- 4.2.2 Unfavorable Conditions Arising Due to the COVID-19 Outbreak
- 4.3 Industry Value Chain Analysis
-
4.4 Industry Attractiveness - Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
-
5.1 By Type
- 5.1.1 Polyethylene Powder
- 5.1.2 Polypropylene Powder
- 5.1.3 EVA Powder
-
5.2 By Application
- 5.2.1 Masterbatch
- 5.2.2 Rotomolding
- 5.2.3 Other Applications
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5.3 By End-user Industry
- 5.3.1 Automobile and Transportation
- 5.3.2 Battery
- 5.3.3 Building and Construction
- 5.3.4 Cosmetics and Personal Care
- 5.3.5 Paints and Coatings
- 5.3.6 Tanks and Containers
- 5.3.7 Other End-user Industries
-
5.4 By Geography
- 5.4.1 Asia Pacific
- 5.4.1.1 China
- 5.4.1.2 India
- 5.4.1.3 Japan
- 5.4.1.4 South Korea
- 5.4.1.5 Rest of Asia Pacific
- 5.4.2 North America
- 5.4.2.1 United States
- 5.4.2.2 Canada
- 5.4.2.3 Mexico
- 5.4.3 Europe
- 5.4.3.1 Germany
- 5.4.3.2 United Kingdom
- 5.4.3.3 Italy
- 5.4.3.4 France
- 5.4.3.5 Rest of Europe
- 5.4.4 South America
- 5.4.4.1 Brazil
- 5.4.4.2 Argentina
- 5.4.4.3 Rest of South America
- 5.4.5 Middle-East and Africa
- 5.4.5.1 Saudi Arabia
- 5.4.5.2 South Africa
- 5.4.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share (%)/Ranking Analysis**
- 6.3 Strategies Adopted by Leading Players
-
6.4 Company Profiles
- 6.4.1 Borealis AG
- 6.4.2 Coperion GmbH
- 6.4.3 Eastman Chemical Company
- 6.4.4 Exxon Mobil Corp.
- 6.4.5 INEOS
- 6.4.6 LyondellBasell Industries Holdings BV
- 6.4.7 Micro Powders Inc.
- 6.4.8 Mitsui Chemicals
- 6.4.9 Moretex Chemical
- 6.4.10 SABIC
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Rise in Demand for 3D Printing
- 7.2 Other Opportunities
Polyolefin Powder Industry Segmentation
The report on the polyolefin powder market includes:
| By Type | Polyethylene Powder | |
| Polypropylene Powder | ||
| EVA Powder | ||
| By Application | Masterbatch | |
| Rotomolding | ||
| Other Applications | ||
| By End-user Industry | Automobile and Transportation | |
| Battery | ||
| Building and Construction | ||
| Cosmetics and Personal Care | ||
| Paints and Coatings | ||
| Tanks and Containers | ||
| Other End-user Industries | ||
| By Geography | Asia Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia Pacific | ||
| By Geography | North America | United States |
| Canada | ||
| Mexico | ||
| By Geography | Europe | Germany |
| United Kingdom | ||
| Italy | ||
| France | ||
| Rest of Europe | ||
| By Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| By Geography | Middle-East and Africa | Saudi Arabia |
| South Africa | ||
| Rest of Middle-East and Africa |
Polyolefin Powder Market Research FAQs
What is the current Polyolefin Powder Market size?
The Polyolefin Powder Market is projected to register a CAGR of 5% during the forecast period (2024-2029)
Who are the key players in Polyolefin Powder Market?
INEOS , Borealis AG , Mitsui Chemicals , SABIC and LyondellBasell Industries Holdings BV are the major companies operating in the Polyolefin Powder Market.
Which is the fastest growing region in Polyolefin Powder Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Polyolefin Powder Market?
In 2024, the Asia Pacific accounts for the largest market share in Polyolefin Powder Market.
What years does this Polyolefin Powder Market cover?
The report covers the Polyolefin Powder Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Polyolefin Powder Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Polyolefin Powder Industry Report
Statistics for the 2024 Polyolefin Powder market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Polyolefin Powder analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
