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South America Polyolefins (PO) Market - Segmented by Type, Application and Geography - Trends and Forecasts (2020 - 2025)

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South America Polyolefins (PO) Market

South America Polyolefins (PO) production is currently estimated to be XX million tonnes in 2015 and is expected to reach XX million tonnes showing a compound annual growth rate of XX%. Polyethylenes (PE) and Polypropylenes (PP) are the world’s most widely used commodity plastic resins. The market for these individual sections expected to grow at a CAGR of XX% and XX% respectively, with PE having a share of about XX% of the total South American plastics market, and PP having a share of XX%.

Currently, Brazil is the largest polyolefins market in South America, acquiring more than XX% of the South America market. The region has huge installed plant capacities of polyolefins. The market is emerging in various emerging markets to the increasing industrial activity. Polyolefin are used in an increasing number of markets – from Film & Sheet, Blow Molding, Injection Molding, Fibers and others.

Key participants in the South America polyolefins market include LyondellBasell Industries NV (The Netherlands), China Petroleum & Chemical Corporation (China), The Dow Chemical Company (U.S.), Saudi Basic Industries Corporation (Saudi Arabia) among others

Drivers

Polyolefin market is expected to grow significantly in future boosted by easy availability of raw material in the region and growing demand from packaging & construction industry. Moreover the shale gas boom has provided an opportunity for availability of cheaper raw material, thus widening profit margins for the producers hence, providing a boost to the industry. Injection-molded plastics industry is flourishing at a fast pace in emerging economies is ultimately driving demand in these regions.

Challenges

High capacity-to-demand ratio will act as a barrier for the growth of polyolefin industry but growing demand due to increased applications is expected to fade its effect.

 What the report contains

The report elucidates the situation of polyolefin around the world and studies the markets of the polyolefin type which include High-density Polyethylene (HDPE), Low-density Polyethylene (LDPE), and Polypropylene (PP).

Lastly, the report is divided by countries – Brazil, Argentina and others; where-in the market share of each region is analyzed and estimates are provided for the next 5 years. The various applications of polyolefin have been discussed in detail in addition to a comprehensive overview of the market.

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