South America Filled Polyolefin Market - Forecast(2024 - 2030)

Report Code: CMR 1164 Report Format: PDF + Excel

South America Filled Polyolefin Market Overview

South America Filled Polyolefin Market size is forecast to reach $16.2 billion by 2025 after growing at a CAGR of 4% during 2020-2025. The growth of the market is expected to be driven by the high demand for filled polyolefin from the automotive industry. The other growth factor is packaging industry which is using filled polyolefin for making eco-friendly packaging materials. 

Report Coverage

The report: “South America Filled Polyolefin Market -Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of South America filled polyolefin Industry.

By Type: Polypropylene, Polyethylene (High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Linear Low-Density Polyethylene (LLDPE), and Ultrahigh Molecular Weight Polyethylene (UHMW)), Ethylene Vinyl Acetate, Thermoplastic Olefin, and Others.
By Application: Film & Sheet, Injection Molding, Blow Molding, Profile Extrusion, and Others.
By End Use: Automobile, Building and Construction (Residential (Independent Homes, RoW Homes, Large Apartment Buildings), Commercial (Hospitals, Schools, Airports, Restaurants, Hostels, Others), Electronics, Food & Beverages, Printing, Healthcare, Electrical and Electronics, Packaging and Others.
By Country: Brazil, Argentina, Colombia, Chile and Rest of South America

Key Takeaways

  • Rise in demand from the construction sector will drive the growth of the market in the forecast period.
  • Significant growth in the solar power industry will be the opportunity in the growth of the market.
  • Higher capacity to demand ratio may hinder the growth of the market. 

South America Filled Polyolefin Market Segment Analysis - By Type

The polyethylene segment held the largest share in the South America Filled Polyolefin Market in 2019. Polyethylene is a thermoplastic polymer with a variable crystalline structure and a vast range of applications depending on the particular type. It is one of the most widely produced plastics in the world. There are several types of polyethylene, and each one is best suited for a different set of applications. High-Density Polyethylene (HDPE) held the largest share in the polyethylene segment. It is used extensively in manufacturing household containers. It is a thermoplastic with a very high strength to density ratio. High-Density Polyethylene (HDPE) is a very versatile plastic that has a wide range of applications from pipes to storage bottles. When compared to other plastics, the melting point of high density polyethylene is relatively high.

South America Filled Polyolefin Market Segment Analysis - By Application

Injection molding held the largest share in the South America Filled Polyolefin Market in 2019 in terms of application. Injection Molding is a manufacturing process for producing parts in large volume. It is most typically used in mass-production processes where the same part is being created thousands or even millions of times in succession. There are almost twenty thousand plastic compounds available for injection molding. Injection molding enables complex shapes to be manufactured, some of which might be near impossible to produce economically by any other means. Blow Molding held the second largest segment in terms of application. Blow molding is a process for converting thermoplastics into simple to intricate and complex shapes hollow objects. The process is especially amenable to the goal of consolidating as much function as possible into a single product. Like injection molding, the process is discontinuous or batch wise in nature, involving a sequence of operations that culminates in the production of a molding.

South America Filled Polyolefin Market Segment Analysis - By End Use

Building & Construction sector has been the primary market for South America filled polyolefin in 2019 growing at a CAGR of 5%. The rapid urbanization trend will boost the South America polyolefin market which is primary thing in construction sector. By 2020, construction output is estimated to grow by 70% to $12.7 trillion and will account for 14.6% of the world output with some of the larger emerging markets such as Brazil, Argentina, Colombia, and Chile driving growth, along with U.S. Global GDP growth of 3.5% and 3.6% is expected in 2017 and 2018 respectively however the meteoric growth that outpaces global GDP will be concentrated in countries like China, India and U.S. India will overtake Japan as the third-largest construction market with annual growth averaging 7.4% annually in construction. The coronavirus pandemic has had far-reaching consequences beyond the spread of the disease and efforts to quarantine it. The disruption certainly impact the prices of construction products and materials. The impact of COVID-19 on construction sector can be spotted till year 2020 followed by which the industry will have persistent growth during forecast period.  

South America Filled Polyolefin Market Segment Analysis - By Country

Brazil held the largest share of 45% in the South America Filled Polyolefin Market in 2019. According to Braskem, Brazilian demand for resins in the second quarter in 2019 was 1.26 million mt, down 7% from the first quarter. The market for polyethylene, polypropylene and PVC was affected by the inventory reconstruction trend in the chain of converters. The demand for plastic bags and packaging were high which supported the growth of resins. Further, increase in sale of polyethylene products has fueld the growth of filled polyolefin market. Further, the Brazilian automotive sector is driving the filled polyolefin market in Brazil. Brazil has a relatively broad customer market base. Today, the automotive industry has spread its wing far across to assembling and making of Formula 1 racing cars. The automotive industry a big contributing sector to the Brazilian economy. The automobile industry has undergone a significant transformation with globalization.

South America Filled Polyolefin Market Drivers

Rising demand of automotive sector in the South America will drive the growth in the forecast period

The growth of the South America filled polyolefin can be attributed to the rise in production of automobiles. It is expected that the amount of filled polyolefin used in the production of automobiles will double in the next 15 years. According to international organization of motor vehicle manufacturers the total production of automobile (commercial as well as personal) globally in the year 2019 was 91,786,861 units compare to 96,869,020 units in 2018. This will drive the market of South America filled polyolefin in the forecast period.  

Growing Focus on Polyolefin packaging will drive growth of the market in the forecast period

With consumers becoming increasingly aware of the impact of plastics on the environment, it pays for companies to show their customers what they’re doing to help. Polyolefin is just one of the materials available but is versatility sees it used in multiple products. There are shrink film and stretch wrap as well as carded packaging options which can be done using polyolefin packaging. Many packaging companies offer rentals on certain machines and equipment. Polyolefin packaging films are becoming more and more popular with the advancement of “Earth/Environmentally friendly” awareness. Polyolefin packaging  provide the best  quality making it ideal for use with products that are packaged and displayed on store shelves, and they also meet regulations for direct food contact making it ideal for food packaging.  

South America Filled Polyolefin Market Challenges

High Manufacturing Cost can restrict the Growth of the Market

The limitations of using these filled polyolefin in all commercial buildings lie in the higher costing which builders are most often reluctant to pay. Conversely, using these reduces the utility as well as maintenance costs due to which the cost savings over the life of the building will suffice the initial extra investment made on the façade. 

Lack of awareness regarding filled polyolefin among architects

There is also a certain lack of awareness related to the advantages of filled polyolefin which needs to be bridged down by consultants, architects, and designers and promote the use of smart technologies which will end up promoting sustainable practices throughout the South American, building and construction sector.  

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in South America Filled Polyolefin Market. In 2019, the market of South America filled polyolefin has been consolidated by the top five players accounting for xx% of the share. Major players in the South America Filled Polyolefin Market are Sinopec Corporations, LyondellBasell Industries Holdings N.V., ExxonMobil Chemicals, Petrochina Company Limited, and Others.

Acquisitions/Technology Launches/Product Launch

  • In May 2020, Braskem, a leading producer of polyolefins and biopolymers, and additive manufacturing materials developed Advanced Laser Materials (ALM) and announced the release of their first jointly developed 3D printing material: a polypropylene (PP) powder for industrial selective laser sintering (SLS) systems.
1. South America Filled Polyolefin Market- Market Overview
    1.1 Definitions and Scope 
2. South America Filled Polyolefin Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends by Type 
    2.3 Key trends by Application
    2.4 Key trends by End Use
    2.5 Key trends by Country
3. South America Filled Polyolefin Market – Landscape 
    3.1 Comparative analysis 
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. South America Filled Polyolefin Market - Startup companies Scenario Premium Premium 
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. South America Filled Polyolefin Market – Industry Market Entry Scenario Premium Premium 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis – Top 10 companies Investment
6. South America Filled Polyolefin Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. South America Filled Polyolefin Market -Strategic analysis 
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Market life cycle
    7.4 Suppliers and distributors Analysis
8. South America Filled Polyolefin Market – By Type (Market Size - $Billion)
    8.1 Polypropylene
    8.2 Polyethylene 
        8.2.1 High-Density Polyethylene (HDPE)
        8.2.2 Low-Density Polyethylene (LDPE)
        8.2.3 Linear Low-Density Polyethylene (LLDPE)
        8.2.4 Ultrahigh Molecular Weight Polyethylene (UHMW)
    8.3 Ethylene Vinyl Acetate
    8.4 Thermoplastic Olefin
    8.5 Others
9. South America Filled Polyolefin Market – By Application (Market Size - $Billion)
    9.1 Film & Sheet
    9.2 Injection Molding
    9.3 Blow Molding
    9.4 Profile Extrusion
    9.5 Others
10. South America Filled Polyolefin Market – By End Use (Market Size - $Billion)
    10.1 Automobile
    10.2 Building and Construction 
        10.2.1 Residential 
   Independent Homes
   RoW Homes
   Large Apartment Buildings
        10.2.2 Commercial
    10.3 Electrical and Electronics
    10.4 Food & Beverages
    10.5 Printing
    10.6 Healthcare
    10.7 Electronics
    10.8 Packaging
    10.9 Others
11. South America Filled Polyolefin Market - By Country (Market Size - $Billion)
    11.1 Brazil
    11.2 Argentina
    11.3 Colombia
    11.4 Chile
    11.5 Rest of South America
12. South America Filled Polyolefin Market - Entropy
    12.1 New Product Launches
    12.2 M&A’s, Collaborations, JVs and Partnerships
13. South America Filled Polyolefin Share Analysis Premium
    13.1 Market Share by Country- Top companies
    13.2 Market Share by Region- Top companies
    13.3 Market Share by type of Product / Product category - Top companies
    13.4 Market Share at global level- Top companies
    13.5 Best Practices for companies
14. South America Filled Polyolefin Market- List of Key Companies by Country Premium 
15. South America Filled Polyolefin Market Company Analysis
    15.1 Market Share, Company Revenue, Products, M&A, Developments 
    15.2 Company 1
    15.3 Company 2
    15.4 Company 3
    15.5 Company 4
    15.6 Company 5
    15.7 Company 6
    15.8 Company 7
    15.9 Company 8
    15.10 Company 9
    15.11 Company 10 and more
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