The Asia Pacific Polyolefin Market would witness market growth of 7.8% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 65,859.5 Kilo Tonnes, showcasing a growth of 5.6% (2019-2022).
Sustainability has emerged as a paramount concern within the market. Biodegradable polyolefins, produced from renewable resources, are gaining traction as eco-friendly alternatives to traditional polyolefins. These materials reduce the environmental footprint of plastic products and contribute to reducing plastic pollution. In response to increasing performance demands, advanced technologies are being employed to enhance the properties of polyolefins. This includes the development of high-performance grades with improved strength, flexibility, and resistance to chemicals and extreme conditions. These advancements expand the potential applications of polyolefins in various industries.
Polyolefin manufacturers are increasingly focusing on improving the recyclability of their products. By designing polyolefins that are easier to recycle and incorporating post-consumer recycled materials, the industry aims to reduce its environmental impact and support a circular economy. Regulatory changes in plastic waste management and ecological protection shape the polyolefin market. Governments and international organizations are implementing measures to reduce single-use plastics and promote sustainable packaging. Polyolefin manufacturers are adapting to comply with these regulations while seeking innovative solutions to meet consumer expectations.
Asia Pacific has experienced significant industrial growth, increasing demand for polyolefins in various manufacturing processes and industries. According to Invest India, between April 2021 and March 2022, the automobile industry produced 22.93 million vehicles. Two-wheelers and passenger vehicles held respective revenues of 76% and 17.4% within the Indian automobile industry. The automotive industry in India is increasingly focusing on sustainability and recycling. Many polyolefins are recyclable, making them an environmentally friendly choice for automotive components. Polyolefins offer a cost-effective solution for vehicle manufacturers in India. The aspects mentioned above will boost market growth in this region.
The China market dominated the Asia Pacific Polyolefin Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $54,840.9 million by 2030. The Japan market is registering a CAGR of 7.1% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 8.4% during (2023 - 2030).
Based on Application, the market is segmented into Film & Sheet, Injection Molding, Blow Molding, Profile Extrusion and Others. Based on Product, the market is segmented into Polyethylene (PE), Ethylene-Vinyl Acetate (EVA), Polypropylene (PP), Thermoplastic Polyolefins (TPO), Polyoxymethylene (POM), Polycarbonate (PC), Polymethyl Methacrylate (PMMA) and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Polyolefin Market is Predict to reach $428.1 Billion by 2030, at a CAGR of 7.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include China Petrochemical Corporation, LyondellBasell Industries Holdings B.V., PetroChina Company Limited, TotalEnergies SE, Chevron Corporation, Repsol Group, The Dow Chemical Company (Dow Corning Ltd.), Exxon Mobil Corporation, Braskem SE, and OMV group.
Scope of the Study
Market Segments Covered in the Report:
By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Film & Sheet
- Injection Molding
- Blow Molding
- Profile Extrusion
- Others
By Product (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Polyethylene (PE)
- Ethylene-Vinyl Acetate (EVA)
- Polypropylene (PP)
- Thermoplastic Polyolefins (TPO)
- Polyoxymethylene (POM)
- Polycarbonate (PC)
- Polymethyl Methacrylate (PMMA)
- Others
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- China Petrochemical Corporation
- LyondellBasell Industries Holdings B.V.
- PetroChina Company Limited
- TotalEnergies SE
- Chevron Corporation
- Repsol Group
- The Dow Chemical Company (Dow Corning Ltd.)
- Exxon Mobil Corporation
- Braskem SE
- OMV group
TABLE 1 Asia Pacific Polyolefin Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Polyolefin Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Polyolefin Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Asia Pacific Polyolefin Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Partnerships, Collaborations and Agreements– Polyolefin Market
TABLE 6 Product Launches And Product Expansions– Polyolefin Market
TABLE 7 Acquisition and Mergers– Polyolefin Market
TABLE 8 Geographical Expansions– Polyolefin Market
TABLE 9 Asia Pacific Polyolefin Market by Application, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Polyolefin Market by Application, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Polyolefin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 12 Asia Pacific Polyolefin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 13 Asia Pacific Film & Sheet Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Film & Sheet Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Film & Sheet Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Asia Pacific Film & Sheet Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Asia Pacific Injection Molding Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Injection Molding Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Injection Molding Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Asia Pacific Injection Molding Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Asia Pacific Blow Molding Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Blow Molding Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Blow Molding Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Asia Pacific Blow Molding Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Asia Pacific Profile Extrusion Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Profile Extrusion Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Profile Extrusion Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Asia Pacific Profile Extrusion Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Asia Pacific Polyolefin Market by Product, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Polyolefin Market by Product, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Polyolefin Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 36 Asia Pacific Polyolefin Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 37 Asia Pacific Polyethylene (PE) Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Polyethylene (PE) Market by Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Polyethylene (PE) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Asia Pacific Polyethylene (PE) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Asia Pacific Ethylene-Vinyl Acetate (EVA) Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Ethylene-Vinyl Acetate (EVA) Market by Country, 2023 - 2030, USD Million
TABLE 43 Asia Pacific Ethylene-Vinyl Acetate (EVA) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 Asia Pacific Ethylene-Vinyl Acetate (EVA) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 Asia Pacific Polypropylene (PP) Market by Country, 2019 - 2022, USD Million
TABLE 46 Asia Pacific Polypropylene (PP) Market by Country, 2023 - 2030, USD Million
TABLE 47 Asia Pacific Polypropylene (PP) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 Asia Pacific Polypropylene (PP) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 Asia Pacific Thermoplastic Polyolefins (TPO) Market by Country, 2019 - 2022, USD Million
TABLE 50 Asia Pacific Thermoplastic Polyolefins (TPO) Market by Country, 2023 - 2030, USD Million
TABLE 51 Asia Pacific Thermoplastic Polyolefins (TPO) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 Asia Pacific Thermoplastic Polyolefins (TPO) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 Asia Pacific Polyoxymethylene (POM) Market by Country, 2019 - 2022, USD Million
TABLE 54 Asia Pacific Polyoxymethylene (POM) Market by Country, 2023 - 2030, USD Million
TABLE 55 Asia Pacific Polyoxymethylene (POM) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56 Asia Pacific Polyoxymethylene (POM) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57 Asia Pacific Polycarbonate (PC) Market by Country, 2019 - 2022, USD Million
TABLE 58 Asia Pacific Polycarbonate (PC) Market by Country, 2023 - 2030, USD Million
TABLE 59 Asia Pacific Polycarbonate (PC) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 60 Asia Pacific Polycarbonate (PC) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 61 Asia Pacific Polymethyl Methacrylate (PMMA) Market by Country, 2019 - 2022, USD Million
TABLE 62 Asia Pacific Polymethyl Methacrylate (PMMA) Market by Country, 2023 - 2030, USD Million
TABLE 63 Asia Pacific Polymethyl Methacrylate (PMMA) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 64 Asia Pacific Polymethyl Methacrylate (PMMA) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 65 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 66 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 67 Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 68 Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 69 Asia Pacific Polyolefin Market by Country, 2019 - 2022, USD Million
TABLE 70 Asia Pacific Polyolefin Market by Country, 2023 - 2030, USD Million
TABLE 71 Asia Pacific Polyolefin Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 72 Asia Pacific Polyolefin Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 73 China Polyolefin Market, 2019 - 2022, USD Million
TABLE 74 China Polyolefin Market, 2023 - 2030, USD Million
TABLE 75 China Polyolefin Market, 2019 - 2022, Kilo Tonnes
TABLE 76 China Polyolefin Market, 2023 - 2030, Kilo Tonnes
TABLE 77 China Polyolefin Market by Application, 2019 - 2022, USD Million
TABLE 78 China Polyolefin Market by Application, 2023 - 2030, USD Million
TABLE 79 China Polyolefin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 80 China Polyolefin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 81 China Polyolefin Market by Product, 2019 - 2022, USD Million
TABLE 82 China Polyolefin Market by Product, 2023 - 2030, USD Million
TABLE 83 China Polyolefin Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 84 China Polyolefin Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 85 Japan Polyolefin Market, 2019 - 2022, USD Million
TABLE 86 Japan Polyolefin Market, 2023 - 2030, USD Million
TABLE 87 Japan Polyolefin Market, 2019 - 2022, Kilo Tonnes
TABLE 88 Japan Polyolefin Market, 2023 - 2030, Kilo Tonnes
TABLE 89 Japan Polyolefin Market by Application, 2019 - 2022, USD Million
TABLE 90 Japan Polyolefin Market by Application, 2023 - 2030, USD Million
TABLE 91 Japan Polyolefin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 92 Japan Polyolefin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 93 Japan Polyolefin Market by Product, 2019 - 2022, USD Million
TABLE 94 Japan Polyolefin Market by Product, 2023 - 2030, USD Million
TABLE 95 Japan Polyolefin Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 96 Japan Polyolefin Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 97 India Polyolefin Market, 2019 - 2022, USD Million
TABLE 98 India Polyolefin Market, 2023 - 2030, USD Million
TABLE 99 India Polyolefin Market, 2019 - 2022, Kilo Tonnes
TABLE 100 India Polyolefin Market, 2023 - 2030, Kilo Tonnes
TABLE 101 India Polyolefin Market by Application, 2019 - 2022, USD Million
TABLE 102 India Polyolefin Market by Application, 2023 - 2030, USD Million
TABLE 103 India Polyolefin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 104 India Polyolefin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 105 India Polyolefin Market by Product, 2019 - 2022, USD Million
TABLE 106 India Polyolefin Market by Product, 2023 - 2030, USD Million
TABLE 107 India Polyolefin Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 108 India Polyolefin Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 109 South Korea Polyolefin Market, 2019 - 2022, USD Million
TABLE 110 South Korea Polyolefin Market, 2023 - 2030, USD Million
TABLE 111 South Korea Polyolefin Market, 2019 - 2022, Kilo Tonnes
TABLE 112 South Korea Polyolefin Market, 2023 - 2030, Kilo Tonnes
TABLE 113 South Korea Polyolefin Market by Application, 2019 - 2022, USD Million
TABLE 114 South Korea Polyolefin Market by Application, 2023 - 2030, USD Million
TABLE 115 South Korea Polyolefin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 116 South Korea Polyolefin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 117 South Korea Polyolefin Market by Product, 2019 - 2022, USD Million
TABLE 118 South Korea Polyolefin Market by Product, 2023 - 2030, USD Million
TABLE 119 South Korea Polyolefin Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 120 South Korea Polyolefin Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 121 Singapore Polyolefin Market, 2019 - 2022, USD Million
TABLE 122 Singapore Polyolefin Market, 2023 - 2030, USD Million
TABLE 123 Singapore Polyolefin Market, 2019 - 2022, Kilo Tonnes
TABLE 124 Singapore Polyolefin Market, 2023 - 2030, Kilo Tonnes
TABLE 125 Singapore Polyolefin Market by Application, 2019 - 2022, USD Million
TABLE 126 Singapore Polyolefin Market by Application, 2023 - 2030, USD Million
TABLE 127 Singapore Polyolefin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 128 Singapore Polyolefin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 129 Singapore Polyolefin Market by Product, 2019 - 2022, USD Million
TABLE 130 Singapore Polyolefin Market by Product, 2023 - 2030, USD Million
TABLE 131 Singapore Polyolefin Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 132 Singapore Polyolefin Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 133 Malaysia Polyolefin Market, 2019 - 2022, USD Million
TABLE 134 Malaysia Polyolefin Market, 2023 - 2030, USD Million
TABLE 135 Malaysia Polyolefin Market, 2019 - 2022, Kilo Tonnes
TABLE 136 Malaysia Polyolefin Market, 2023 - 2030, Kilo Tonnes
TABLE 137 Malaysia Polyolefin Market by Application, 2019 - 2022, USD Million
TABLE 138 Malaysia Polyolefin Market by Application, 2023 - 2030, USD Million
TABLE 139 Malaysia Polyolefin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 140 Malaysia Polyolefin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 141 Malaysia Polyolefin Market by Product, 2019 - 2022, USD Million
TABLE 142 Malaysia Polyolefin Market by Product, 2023 - 2030, USD Million
TABLE 143 Malaysia Polyolefin Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 144 Malaysia Polyolefin Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 145 Rest of Asia Pacific Polyolefin Market, 2019 - 2022, USD Million
TABLE 146 Rest of Asia Pacific Polyolefin Market, 2023 - 2030, USD Million
TABLE 147 Rest of Asia Pacific Polyolefin Market, 2019 - 2022, Kilo Tonnes
TABLE 148 Rest of Asia Pacific Polyolefin Market, 2023 - 2030, Kilo Tonnes
TABLE 149 Rest of Asia Pacific Polyolefin Market by Application, 2019 - 2022, USD Million
TABLE 150 Rest of Asia Pacific Polyolefin Market by Application, 2023 - 2030, USD Million
TABLE 151 Rest of Asia Pacific Polyolefin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 152 Rest of Asia Pacific Polyolefin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 153 Rest of Asia Pacific Polyolefin Market by Product, 2019 - 2022, USD Million
TABLE 154 Rest of Asia Pacific Polyolefin Market by Product, 2023 - 2030, USD Million
TABLE 155 Rest of Asia Pacific Polyolefin Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 156 Rest of Asia Pacific Polyolefin Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 157 Key Information – China Petrochemical Development Corporation
TABLE 158 Key Information – LyondellBasell Industries Holdings B.V.
TABLE 159 Key Information – PetroChina Company Limited
TABLE 160 Key Information – TotalEnergies SE
TABLE 161 Key Information – Chevron Corporation
TABLE 162 Key Information – Repsol Group
TABLE 163 Key Information – The Dow Chemical Company
TABLE 164 Key Information – Exxon Mobil Corporation
TABLE 165 Key Information – Braskem S.A.
TABLE 166 Key Information – OMV Group
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Polyolefin Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Polyolefin Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Mergers & Acquisition: 2021, Jun – 2023, Aug) Leading Players
FIG 7 Porter’s Five Forces Analysis - Polyolefin Market
FIG 8 Asia Pacific Polyolefin Market share by Application, 2022
FIG 9 Asia Pacific Polyolefin Market share by Application, 2030
FIG 10 Asia Pacific Polyolefin Market by Application, 2019 - 2030, USD Million
FIG 11 Asia Pacific Polyolefin Market share by Product, 2022
FIG 12 Asia Pacific Polyolefin Market share by Product, 2030
FIG 13 Asia Pacific Polyolefin Market by Product, 2019 - 2030, USD Million
FIG 14 Asia Pacific Polyolefin Market share by Country, 2022
FIG 15 Asia Pacific Polyolefin Market share by Country, 2030
FIG 16 Asia Pacific Polyolefin Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: China Petrochemical Development Corporation
FIG 18 Recent strategies and developments: LyondellBasell Industries Holdings B.V.
FIG 19 SWOT Analysis: LyondellBasell Industries Holdings B.V.
FIG 20 SWOT Analysis: PetroChina Company Limited
FIG 21 Recent strategies and developments: TotalEnergies SE
FIG 22 SWOT Analysis: TotalEnergies SE
FIG 23 SWOT Analysis: Chevron Corporation
FIG 24 SWOT Analysis: Repsol Group
FIG 25 Recent strategies and developments: The Dow Chemical Company
FIG 26 SWOT Analysis: The Dow Chemical Company
FIG 27 Recent strategies and developments: Exxon Mobil Corporation
FIG 28 SWOT Analysis: Exxon Mobil Corporation
FIG 29 Recent strategies and developments: Braskem SE
FIG 30 SWOT Analysis: Braskem S.A.
FIG 31 SWOT Analysis: OMV Group