Polyolefins Market Growth Analysis, Market Dynamics, Key Players and Innovations, Outlook and Foreca

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On : 04 february 2025

• The global Polyolefins market was valued at US$ 245.89 billion in 2023 and is projected to reach US$ 321.22 billion by 2030, growing at a CAGR of 4.11% from 2024 to 2030. The market's expansion is driven by increasing demand in the packaging, automotive, and construction industries. The consumption of polyolefins, measured in billion tons, has shown consistent growth due to their lightweight, durability, and cost advantages.

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• Polyolefins are a class of polymers derived from olefins (alkenes), primarily including polyethylene (PE) and polypropylene (PP). These materials are widely used due to their excellent chemical resistance, flexibility, and costeffectiveness. They are utilized across various industries such as packaging, automotive, construction, consumer goods, electrical and electronics, and medical applications.

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By Types

Polyethylene (PE)

Polypropylene (PP)

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