The North America Polyolefin Market would witness market growth of 7.2% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 23,811.1 Kilo Tonnes, showcasing a growth of 4.9% (2019-2022).
Polyolefins are a polymer made from olefin monomers, hydrocarbons retaining one or more carbon-carbon double bonds. The market is poised for growth due to increasing adaptation across the end-use industries. The use of polyolefins in automotive applications helps reduce fuel consumption due to their ability to reduce the density and weight of vehicles compared to conventional materials such as rubber and metal. Increasing awareness regarding health hazards and consumer safety in various industries, such as wire & cable, electronics, healthcare, construction, and automotive, is expected to drive the market over the forecast period. The rapidly developing automotive industry is expected to trigger the demand for plastics in under-the-hood components and exteriors & interiors of automobiles. Polyolefins are majorly used in under-the-hood components in the automotive industry.
Due to Polyolefins ability to reduce the density and weight of vehicles compared to conventional materials such as rubber and metal. In the market, major players have adopted various strategic initiatives such as the latest product launches, production expansion, merger & acquisition, etc. These strategic initiatives enable the market players to maintain a competitive environment and meet global demand. For instance, in May 2023, Borealis, an advanced & circular polyolefin solution provider, launched Stelora to its existing portfolio of polyolefins. This sustainable engineering polymer provides strength, durability, and higher thermal resistance.
North America's automotive industry relies on polyolefins for various components, including interior trim, bumpers, and under-the-hood applications. According to the Government of Canada, plastic packaging materials and unlaminated film and sheet manufacturing net revenue in 2020 was $561.0 million. Polyolefins are the materials of choice for flexible packaging solutions in Canada. The growth of the packaging manufacturing industry in Canada, coupled with consumer demand for convenient, safe, and sustainable packaging solutions, has led to an increased adoption of polyolefins. The aspects mentioned above will boost market growth in this region.
The US market dominated the North America Polyolefin Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $61,841.9 million by 2030. The Canada market is exhibiting a CAGR of 9.6% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 8.7% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The 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)
- US
- Canada
- Mexico
- Rest of North America
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 North America Polyolefin Market, 2019 - 2022, USD Million
TABLE 2 North America Polyolefin Market, 2023 - 2030, USD Million
TABLE 3 North America Polyolefin Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America 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 North America Polyolefin Market by Application, 2019 - 2022, USD Million
TABLE 10 North America Polyolefin Market by Application, 2023 - 2030, USD Million
TABLE 11 North America Polyolefin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Polyolefin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Film & Sheet Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Film & Sheet Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Film & Sheet Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Film & Sheet Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Injection Molding Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Injection Molding Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Injection Molding Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Injection Molding Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Blow Molding Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Blow Molding Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Blow Molding Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Blow Molding Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Profile Extrusion Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Profile Extrusion Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Profile Extrusion Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Profile Extrusion Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Polyolefin Market by Product, 2019 - 2022, USD Million
TABLE 34 North America Polyolefin Market by Product, 2023 - 2030, USD Million
TABLE 35 North America Polyolefin Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Polyolefin Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 37 North America Polyethylene (PE) Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Polyethylene (PE) Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Polyethylene (PE) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 North America Polyethylene (PE) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 North America Ethylene-Vinyl Acetate (EVA) Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Ethylene-Vinyl Acetate (EVA) Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Ethylene-Vinyl Acetate (EVA) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 North America Ethylene-Vinyl Acetate (EVA) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 North America Polypropylene (PP) Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Polypropylene (PP) Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Polypropylene (PP) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 North America Polypropylene (PP) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 North America Thermoplastic Polyolefins (TPO) Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Thermoplastic Polyolefins (TPO) Market by Country, 2023 - 2030, USD Million
TABLE 51 North America Thermoplastic Polyolefins (TPO) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 North America Thermoplastic Polyolefins (TPO) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 North America Polyoxymethylene (POM) Market by Country, 2019 - 2022, USD Million
TABLE 54 North America Polyoxymethylene (POM) Market by Country, 2023 - 2030, USD Million
TABLE 55 North America Polyoxymethylene (POM) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56 North America Polyoxymethylene (POM) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57 North America Polycarbonate (PC) Market by Country, 2019 - 2022, USD Million
TABLE 58 North America Polycarbonate (PC) Market by Country, 2023 - 2030, USD Million
TABLE 59 North America Polycarbonate (PC) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 60 North America Polycarbonate (PC) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 61 North America Polymethyl Methacrylate (PMMA) Market by Country, 2019 - 2022, USD Million
TABLE 62 North America Polymethyl Methacrylate (PMMA) Market by Country, 2023 - 2030, USD Million
TABLE 63 North America Polymethyl Methacrylate (PMMA) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 64 North America Polymethyl Methacrylate (PMMA) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 65 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 66 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 67 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 68 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 69 North America Polyolefin Market by Country, 2019 - 2022, USD Million
TABLE 70 North America Polyolefin Market by Country, 2023 - 2030, USD Million
TABLE 71 North America Polyolefin Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 72 North America Polyolefin Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 73 US Polyolefin Market, 2019 - 2022, USD Million
TABLE 74 US Polyolefin Market, 2023 - 2030, USD Million
TABLE 75 US Polyolefin Market, 2019 - 2022, Kilo Tonnes
TABLE 76 US Polyolefin Market, 2023 - 2030, Kilo Tonnes
TABLE 77 US Polyolefin Market by Application, 2019 - 2022, USD Million
TABLE 78 US Polyolefin Market by Application, 2023 - 2030, USD Million
TABLE 79 US Polyolefin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 80 US Polyolefin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 81 US Polyolefin Market by Product, 2019 - 2022, USD Million
TABLE 82 US Polyolefin Market by Product, 2023 - 2030, USD Million
TABLE 83 US Polyolefin Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 84 US Polyolefin Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 85 Canada Polyolefin Market, 2019 - 2022, USD Million
TABLE 86 Canada Polyolefin Market, 2023 - 2030, USD Million
TABLE 87 Canada Polyolefin Market, 2019 - 2022, Kilo Tonnes
TABLE 88 Canada Polyolefin Market, 2023 - 2030, Kilo Tonnes
TABLE 89 Canada Polyolefin Market by Application, 2019 - 2022, USD Million
TABLE 90 Canada Polyolefin Market by Application, 2023 - 2030, USD Million
TABLE 91 Rest of North America Polyolefin Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 92 Rest of North America Polyolefin Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 93 Canada Polyolefin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 94 Canada Polyolefin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 95 Canada Polyolefin Market by Product, 2019 - 2022, USD Million
TABLE 96 Canada Polyolefin Market by Product, 2023 - 2030, USD Million
TABLE 97 Canada Polyolefin Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 98 Canada Polyolefin Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 99 Mexico Polyolefin Market, 2019 - 2022, USD Million
TABLE 100 Mexico Polyolefin Market, 2023 - 2030, USD Million
TABLE 101 Mexico Polyolefin Market, 2019 - 2022, Kilo Tonnes
TABLE 102 Mexico Polyolefin Market, 2023 - 2030, Kilo Tonnes
TABLE 103 Mexico Polyolefin Market by Application, 2019 - 2022, USD Million
TABLE 104 Mexico Polyolefin Market by Application, 2023 - 2030, USD Million
TABLE 105 Mexico Polyolefin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 106 Mexico Polyolefin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 107 Mexico Polyolefin Market by Product, 2019 - 2022, USD Million
TABLE 108 Mexico Polyolefin Market by Product, 2023 - 2030, USD Million
TABLE 109 Mexico Polyolefin Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 110 Mexico Polyolefin Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 111 Rest of North America Polyolefin Market, 2019 - 2022, USD Million
TABLE 112 Rest of North America Polyolefin Market, 2023 - 2030, USD Million
TABLE 113 Rest of North America Polyolefin Market, 2019 - 2022, Kilo Tonnes
TABLE 114 Rest of North America Polyolefin Market, 2023 - 2030, Kilo Tonnes
TABLE 115 Rest of North America Polyolefin Market by Application, 2019 - 2022, USD Million
TABLE 116 Rest of North America Polyolefin Market by Application, 2023 - 2030, USD Million
TABLE 117 Rest of North America Polyolefin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 118 Rest of North America Polyolefin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 119 Rest of North America Polyolefin Market by Product, 2019 - 2022, USD Million
TABLE 120 Rest of North America Polyolefin Market by Product, 2023 - 2030, USD Million
TABLE 121 Rest of North America Polyolefin Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 122 Rest of North America Polyolefin Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 123 Key Information – China Petrochemical Development Corporation
TABLE 124 Key Information – LyondellBasell Industries Holdings B.V.
TABLE 125 Key Information – PetroChina Company Limited
TABLE 126 Key Information – TotalEnergies SE
TABLE 127 Key Information – Chevron Corporation
TABLE 128 Key Information – Repsol Group
TABLE 129 Key Information – The Dow Chemical Company
TABLE 130 Key Information – Exxon Mobil Corporation
TABLE 131 Key Information – Braskem S.A.
TABLE 132 Key Information – OMV Group
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Polyolefin Market share by Application, 2022
FIG 9 North America Polyolefin Market share by Application, 2030
FIG 10 North America Polyolefin Market by Application, 2019 - 2030, USD Million
FIG 11 North America Polyolefin Market share by Product, 2022
FIG 12 North America Polyolefin Market share by Product, 2030
FIG 13 North America Polyolefin Market by Product, 2019 - 2030, USD Million
FIG 14 North America Polyolefin Market share by Country, 2022
FIG 15 North America Polyolefin Market share by Country, 2030
FIG 16 North America 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