Polyolefin Powders Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2021 - 2026

Report Code: CMR 73706 Report Format: PDF + Excel (Delivery in 48 Hrs)

Polyolefin Powders Market Overview

Polyolefin Powders Market size is forecast to reach $10.2 billion by 2026, after growing at a CAGR of 5.1% during 2021-2026. Polyolefins like linear low-density polyethylene, and Ethylene Vinyl Acetate powder with high bulk density are macromolecules produced from oil and natural gas and are a family of polyethylene and polypropylene thermoplastics. They are used in a variety of applications for their low weight, high chemical resistance, flexibility, and low cost. Increased use of Polyolefin Powder in agricultural film or sheet for thermal insulation is driving the market. Moreover, Polyolefin Powders with high bulk density are used in coatings due to their chemical resistance and excellent adhesion properties are also driving the growth of the market. Furthermore, the growing trend for online, ready-to-eat food and packaging are driving the demand for packaging, which is also fueling the demand for Polyolefin Powders Market.

Emergence of the COVID-19

The COVID-19 pandemic continues to unfold every day with a severe impact on people, communities, and businesses. The pandemic has hindered the Polyolefin Powders Market growth. The pandemic forced businesses to shut down their operations, further decline the demand for polyolefin powders. Moreover, major end-use industries for polyolefin powders are facing a sluggish growth like aerospace & defense and paint & coating industry. Thus, the decline in the end-use industry growth further hampers the Polyolefin Powders Market growth.

Report Coverage

The report: “Polyolefin Powders Market – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Polyolefin Powders Industry.
By Material: Polypropylene, Polystyrene, Polyethylene (High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Medium Density Polyethylene (MDPE), Linear Low-Density Polyethylene (LLDPE), and Others), Ethylene Propylene Diene Monomer (EPDM), Ethylene Vinyl Acetate, and Others.
By Application: Film Applications (Agricultural Film, Stretch Film, Industrial Film, Cling Film, and Others), Medical Applications (Introducers, Dilators, and Others), Auto Parts & Components (Interior, Exterior, Fuel Tanks, and Others), Food Packaging, and Others.
By End-Use Industry: Automotive (Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles), Building & Construction (Residential, Commercial, Industrial, and Infrastructure), Aerospace & Defense, Electrical & Consumer Electronic, Paint & Coatings, Chemical Process Industry, Agriculture, Packaging, Pharmaceutical & Medical, and Others.
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia & New Zealand, Indonesia, Taiwan, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa).

Key Takeaways

  • Europe region is projected to witness significant growth in the market due to the growing paint & coatings and automobile industry. Whereas, Germany held the largest share in the region throughout the forecast period.
  • Environmental concerns regarding small plastic beads are hindering the polyolefin powder markets growth.
  • COVID-19 has hindered the market growth for the Polyolefin powder Market, due to the decline growth in the automobile, aerospace, and construction industry.

Polyolefin Powders Market Segment Analysis - By Material

Polyethylene segment held the largest share of more than 40% in the Polyolefin Powders Market in 2020. Polyethylene with a high bulk density like linear low-density polyethylene and HDPE are lightweight and durable thermoplastic with a variable crystalline structure along with one of the most widely used polymers in the world. Polyethylene powder is used as an additive to unsaturated polyesters, epoxides, and other polymers to add the novel properties of ultra-high-molecular-weight polyethylene. Polyethylene powder is widely used for manufacturing various containers, trays, dispensing bottles, plastic wraps & bags, and various molded laboratory equipment. Polyethylene powders are also used in applications ranging from films, tubes, plastic parts, packaging, and laminates. Therefore, due to such properties and wide application, there is a high demand for polyethylene powder in the Polyolefin Powders Market.

Polyolefin Powders Market Segment Analysis - By Application

Film Application segment held the largest share of more than 35% in the Polyolefin Powder Market in 2020. Polyolefin powder is used in producing plastic films for agricultural, construction, industrial, and packaging. Polyolefin films are used in different applications for their excellent transparency, enhanced machinability & heat resistance properties. Polyolefin films based on the linear low-density polyethylene, and Ethylene Vinyl Acetate powder have the ability to shrink quickly & completely, they are highly durable, zero toxic, and have excellent stability with low cost. Polyolefin films on high bulk density are used to prevent seepage in canals, ponds, and reservoirs along with also used in the construction of building as vapor retarders, window films, and flooring & countertop protection. The growing urbanization drives the demand for residential buildings, which will likely drive the demand for film application and in return fuel the growth of the polyolefin powder market. 

Polyolefin Powders Market Segment Analysis - By End-Use Industry

Packaging segment held the largest share of more than 40% in the Polyolefin Powder Market in 2020. Polyolefin powder is most commonly used in the packaging material. Polyolefins are used in food packaging, medical devices & drugs packaging, electronic packaging, and others. Polyolefin products based on linear low-density polyethylene, and Ethylene Vinyl Acetate powder provides excellent chemical resistance, has high-temperature performance, recyclability, transparency, high strength, high bulk density, and durability. In Food Packaging, polyolefins protect food products from unfavorable conditions, such as vapors, microorganisms, physical damage, and dust during distribution and storage. Therefore, an increase in demand for the food & beverage industry will increase the demand for food packaging, which in return will boost the Polyolefin Powder Market. As per the Indian Brand Equity Foundation (IBEF) report in 2017, the Indian food industry was valued at $ 39.71 billion in 2017 and expected to grow at a CAGR of 11% to reach $ 65.4 billion in 2018. Therefore, an increase in the food industry will increase the need for food packaging and further fuel the demand for the Polyolefin Powder Market. 

Polyolefin Powders Market Segment Analysis - By Geography

Asia-Pacific held the largest share of more than 45% in the Polyolefin Powders market in 2020. China, India, Japan, and Vietnam is dominating the market in the region. Polyolefin Powders are used for their excellent strength, durability, and lightweight for manufacturing construction, automobile, and electronic components. Polyolefin is used in pipe & fittings, paints, and coating for building to protect the structure from corrosion. Moreover, polyolefin-based heat shrink tubes are used in the protection of wires and new electronic components. Thus, the growing building and construction, automotive, and consumer electronics industry further drives the market growth in the APAC region. As per the Indian Brand Equity Foundation (IBEF) report in 2020, the Indian consumer electronic industry was $10.93 billion and is expected to reach $21.18 billion in 2025, which is showing significant growth of consumer electronics in the country. Furthermore, the availability of cheap labor and a huge consumer base has pushed many manufacturers to set up plants in the APAC region, which is also driving the growth of the Polyolefin Powders market in the region.

Polyolefin Powders Market Drivers

Growing Medical/Biomedical Industry Driving the Markets Growth

Polyolefins like linear low-density polyethylene, and Ethylene Vinyl Acetate powder are playing a vital role in manufacturing biomedical devices. The use of polyolefins in the biomedical field has grown significantly, mainly due to their biocompatible nature. Polyolefins are used in the manufacturing of medical applications like dilators, bone substitutes, control drug delivery devices, introducers, and tissue adhesives. Moreover, Polyolefins are also widely used in medical devices such as syringes, MDPIs, or nasal sprays, and devices involved in the operation from bowls & handles to IOL components. Furthermore, polyolefins with high bulk density also provide design flexibility while manufacturing the product, sterility, and integrity. Thus, the growth in the medical industry further drives the market growth. For instance, as per the SelectUSA report, the United States medical device market was estimated to be $156 billion in 2017 and is expected to reach up to $208 billion in 2023. Therefore, an increase in demand for medical devices will raise the demand for the polyolefin powder market.

Increase Use of Polyolefin in 3D Printing

3D-printing is a booming business due to the new innovative printing techniques and materials are being developed across various end-use industry applications. In 3D printing, typically plastic and plastic waste is used as a material. Polyolefin is ideal for manufacturing based on its recyclability, impact strength, chemical resistance, and dimensional stability. Furthermore, the basic properties of polyolefins can be modified with a broad range of chemical modifiers. Polyolefin films produced from linear low-density polyethylene and Ethylene Vinyl Acetate powder can be coextruded with various other polymers, which make polyolefin an attractive material for 3D printing applications. Therefore, an increase in the 3D printing industry will drive the polyolefin powder market. For instance, as per the 3D hubs report, a private company, the 3D printing industry is set to grow between 18.2 - 27.2 percent in 2019. Whereas, North America and Europe are dominating the 3D market with 49.4% and 41% respectively. Thus, the growth in the 3D printing industry further drives the market growth. 

Polyolefin Powders Market Challenges

Volatile Raw Material Prices and Growing Environment Concerns

Polyolefins are derived from natural gas or from low-molecular-weight constituents of petroleum, and their most prominent members are ethylene and propylene. So, any fluctuation in the prices of crude oil or natural gas will hinder the market's growth. For example, fluctuation in the price of crude oil from 2015-2020, due to trade war between US-China and other geopolitical issues in the ME&A region further impact the prices of Polyolefins and in return hindered the market growth. Furthermore, growing awareness regarding the negative effect of plastic waste to the environment is also hindering the market's growth. Furthermore, the extent of plastic pollution has triggered a concern against the environment, which has hindered the polyolefins powder market growth. 

Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Polyolefin Powders Market report. Major players in the Polyolefin Powders Market are Sumitomo Seika Chemicals Co. Ltd., Asahi Kasei Corp., Dairen Chemical Corp., Exxon Mobil Corp., Ineos AG, LyondellBasell Industries Holdings B.V., Saudi Basic Industries Corp., Borealis AG, Eastman Chemical Co., Wacker Chemie AG, Merck KGaA, Braskem S.A., and Micro Powders Inc., among others. 

Acquisitions/Technology Launches

  • In May 2020, Braskem S.A., launched a new polypropylene (PP) powder for Selective Laser Sintering (SLS) industrial 3D printing. With this launch Braskem increased its product portfolio for the 3D print industry, which will further, drive the Polyolefin Market Growth.
  • In April 2019, Saudi Basic Industries Corp. launched a new anti-abrasive polyolefin compound ‘SABIC P1600A’ for mining industries. With this new launch, SABIC enhanced its product offering, which will further drive the market's growth.

Relevant Reports

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1. Polyolefin Powders Market- Market Overview
    1.1. Definitions and Scope
2. Polyolefin Powders Market - Executive Summary
    2.1. Market Revenue, Market Size and Key Trends by Company
    2.2. Key Trends by Material
    2.3. Key Trends by Application
    2.4. Key Trends by End-Use Industry
    2.5. Key trends by Geography
3. Polyolefin Powders Market – Comparative analysis
    3.1. Market Share Analysis- Major Companies
    3.2. Product Benchmarking- Major Companies
    3.3. Major 5 Financial Analysis
    3.4. Patent Analysis- Major Companies
    3.5. Pricing Analysis (ASP’s Will Be Provided)
4. Polyolefin Powders Market - Startup companies Scenario Premium Premium
    4.1. Major startup company Analysis by
        4.1.1. Investment
        4.1.2. Revenue
        4.1.3. Product Portfolio
        4.1.4. Venture Capital and Funding Scenario
5. Polyolefin Powders Market – Industry Market Entry Scenario Premium Premium
    5.1. Regulatory Framework Overview
    5.2. New Business and Ease of Doing business index
    5.3. Successful venture profiles
    5.4. Customer Analysis – Major companies
6. Polyolefin Powders Market - Market Forces
    6.1. Market Drivers
    6.2. Market Constraints
    6.3. Porters five force model
        6.3.1. Bargaining power of suppliers
        6.3.2. Bargaining power of customers
        6.3.3. Threat of new entrants
        6.3.4. Competitive Rivalry
        6.3.5. Threat of substitutes
7. Polyolefin Powders Market – Strategic Analysis
    7.1. Value Chain Analysis
    7.2. Opportunity Analysis
    7.3. Product Life Cycle
    7.4. Distributor Analysis Major Companies
8. Polyolefin Powders Market – By Material (Market Size -US$ Million/Billion)
    8.1. Polypropylene
    8.2. Polystyrene
    8.3. Polyethylene
        8.3.1. High Density Polyethylene (HDPE)
        8.3.2. Low Density Polyethylene (LDPE)
        8.3.3. Medium Density Polyethylene (MDPE)
        8.3.4. Linear Low-Density Polyethylene (LLDPE)
        8.3.5. Other
    8.4. Ethylene Propylene Diene Monomer (EPDM)
    8.5. Ethylene Vinyl Acetate
    8.6.Others
9. Polyolefin Powders Market – By Application (Market Size -US$ Million/Billion)
    9.1. Film Applications
        9.1.1. Agricultural Film
        9.1.2. Stretch Film
        9.1.3. Industrial Film
        9.1.4. Cling Film
        9.1.5. Others
    9.2. Medical Applications
        9.2.1. Introducers
        9.2.2. Dilators
        9.2.3. Others
    9.3. Auto Parts & Components
        9.3.1. Interior
        9.3.2. Exterior
        9.3.3. Under the Hood
        9.3.4. Fuel Tank
    9.4. Food Packaging
    9.5. Others
10. Polyolefin Powders Market – By End-User (Market Size -US$ Million/Billion)
    10.1. Automotive
        10.1.1. Passenger Cars
        10.1.2. Light Commercial Vehicles
        10.1.3. Heavy Commercial Vehicles
    10.2. Building & Construction
        10.2.1. Residential
        10.2.2. Commercial
        10.2.3. Infrastructure
        10.2.4. Industrial
    10.3. Aerospace & Defense
    10.4. Electrical & Consumer Electronic
    10.5. Paint & Coatings
    10.6. Chemical Process Industry
    10.7. Agriculture
    10.8. Packaging
    10.9. Pharmaceutical & Medical
    10.10. Others
11. Polyolefin Powders Market - By Geography (Market Size -US$ Million/Billion)
    11.1. North America
        11.1.1. USA
        11.1.2. Canada
        11.1.3. Mexico
    11.2. Europe
        11.2.1. UK
        11.2.2. Germany
        11.2.3. France
        11.2.4. Italy
        11.2.5. Netherlands
        11.2.6. Spain
        11.2.7. Russia
        11.2.8. Belgium
        11.2.9. Rest of Europe
    11.3. Asia-Pacific
        11.3.1. China
        11.3.2. Japan
        11.3.3. India
        11.3.4. South Korea
        11.3.5. Australia & New Zealand
        11.3.6. Rest of APAC
    11.4. South America
        11.4.1. Brazil
        11.4.2. Argentina
        11.4.3. Colombia
        11.4.4. Chile
        11.4.5. Rest of South America
    11.5. Rest of the World
        11.5.1. Middle East
            11.5.1.1. Saudi Arabia
            11.5.1.2. UAE
            11.5.1.3. Israel
            11.5.1.4. Rest of the Middle East
        11.5.2. Africa
            11.5.2.1. South Africa
            11.5.2.2. Nigeria
            11.5.2.3. Rest of Africa
12. Polyolefin Powders Market – Entropy
    12.1. New Product Launches
    12.2. M&As, Collaborations, JVs and Partnerships
13. Polyolefin Powders Market – Market Share Analysis Premium
    13.1 Company Benchmarking Matrix – Major Companies
    13.2 Market Share at Global Level - Major companies
    13.3 Market Share by Key Region - Major companies
    13.4 Market Share by Key Country - Major companies
    13.5 Market Share by Key Application - Major companies
    13.6 Market Share by Key Product Type/Product category - Major companies
14. Polyolefin Powders Market – Key Company List by Country Premium Premium
15. Polyolefin Powders Market Company Analysis - Market Share, Company Revenue, Products, M&A, Developments
    15.1. Company 1
    15.2. Company 2
    15.3. Company 3
    15.4. Company 4
    15.5. Company 5
    15.6. Company 6
    15.7. Company 7
    15.8. Company 8
    15.9. Company 9
    15.10.Company 10 and More
"*Financials would be provided on a best-efforts basis for private companies

LIST OF TABLES

1.Global Polyolefin Powders Market By End-Use Industry Market 2019-2024 ($M)
1.1 Automotive & Transportation Market 2019-2024 ($M) - Global Industry Research
1.2 Paints & Coatings Market 2019-2024 ($M) - Global Industry Research
1.3 Cosmetics Market 2019-2024 ($M) - Global Industry Research
1.4 Battery Market 2019-2024 ($M) - Global Industry Research
1.5 Building & Construction Market 2019-2024 ($M) - Global Industry Research
2.Global Polyolefin Powders Market By End-Use Industry Market 2019-2024 (Volume/Units)
2.1 Automotive & Transportation Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Paints & Coatings Market 2019-2024 (Volume/Units) - Global Industry Research
2.3 Cosmetics Market 2019-2024 (Volume/Units) - Global Industry Research
2.4 Battery Market 2019-2024 (Volume/Units) - Global Industry Research
2.5 Building & Construction Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Polyolefin Powders Market By End-Use Industry Market 2019-2024 ($M)
3.1 Automotive & Transportation Market 2019-2024 ($M) - Regional Industry Research
3.2 Paints & Coatings Market 2019-2024 ($M) - Regional Industry Research
3.3 Cosmetics Market 2019-2024 ($M) - Regional Industry Research
3.4 Battery Market 2019-2024 ($M) - Regional Industry Research
3.5 Building & Construction Market 2019-2024 ($M) - Regional Industry Research
4.South America Polyolefin Powders Market By End-Use Industry Market 2019-2024 ($M)
4.1 Automotive & Transportation Market 2019-2024 ($M) - Regional Industry Research
4.2 Paints & Coatings Market 2019-2024 ($M) - Regional Industry Research
4.3 Cosmetics Market 2019-2024 ($M) - Regional Industry Research
4.4 Battery Market 2019-2024 ($M) - Regional Industry Research
4.5 Building & Construction Market 2019-2024 ($M) - Regional Industry Research
5.Europe Polyolefin Powders Market By End-Use Industry Market 2019-2024 ($M)
5.1 Automotive & Transportation Market 2019-2024 ($M) - Regional Industry Research
5.2 Paints & Coatings Market 2019-2024 ($M) - Regional Industry Research
5.3 Cosmetics Market 2019-2024 ($M) - Regional Industry Research
5.4 Battery Market 2019-2024 ($M) - Regional Industry Research
5.5 Building & Construction Market 2019-2024 ($M) - Regional Industry Research
6.APAC Polyolefin Powders Market By End-Use Industry Market 2019-2024 ($M)
6.1 Automotive & Transportation Market 2019-2024 ($M) - Regional Industry Research
6.2 Paints & Coatings Market 2019-2024 ($M) - Regional Industry Research
6.3 Cosmetics Market 2019-2024 ($M) - Regional Industry Research
6.4 Battery Market 2019-2024 ($M) - Regional Industry Research
6.5 Building & Construction Market 2019-2024 ($M) - Regional Industry Research
7.MENA Polyolefin Powders Market By End-Use Industry Market 2019-2024 ($M)
7.1 Automotive & Transportation Market 2019-2024 ($M) - Regional Industry Research
7.2 Paints & Coatings Market 2019-2024 ($M) - Regional Industry Research
7.3 Cosmetics Market 2019-2024 ($M) - Regional Industry Research
7.4 Battery Market 2019-2024 ($M) - Regional Industry Research
7.5 Building & Construction Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Polyolefin Powders Market Revenue, 2019-2024 ($M)
2.Canada Polyolefin Powders Market Revenue, 2019-2024 ($M)
3.Mexico Polyolefin Powders Market Revenue, 2019-2024 ($M)
4.Brazil Polyolefin Powders Market Revenue, 2019-2024 ($M)
5.Argentina Polyolefin Powders Market Revenue, 2019-2024 ($M)
6.Peru Polyolefin Powders Market Revenue, 2019-2024 ($M)
7.Colombia Polyolefin Powders Market Revenue, 2019-2024 ($M)
8.Chile Polyolefin Powders Market Revenue, 2019-2024 ($M)
9.Rest of South America Polyolefin Powders Market Revenue, 2019-2024 ($M)
10.UK Polyolefin Powders Market Revenue, 2019-2024 ($M)
11.Germany Polyolefin Powders Market Revenue, 2019-2024 ($M)
12.France Polyolefin Powders Market Revenue, 2019-2024 ($M)
13.Italy Polyolefin Powders Market Revenue, 2019-2024 ($M)
14.Spain Polyolefin Powders Market Revenue, 2019-2024 ($M)
15.Rest of Europe Polyolefin Powders Market Revenue, 2019-2024 ($M)
16.China Polyolefin Powders Market Revenue, 2019-2024 ($M)
17.India Polyolefin Powders Market Revenue, 2019-2024 ($M)
18.Japan Polyolefin Powders Market Revenue, 2019-2024 ($M)
19.South Korea Polyolefin Powders Market Revenue, 2019-2024 ($M)
20.South Africa Polyolefin Powders Market Revenue, 2019-2024 ($M)
21.North America Polyolefin Powders By Application
22.South America Polyolefin Powders By Application
23.Europe Polyolefin Powders By Application
24.APAC Polyolefin Powders By Application
25.MENA Polyolefin Powders By Application
26.Lyondellbasell Industries Holdings B.V., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Exxon Mobil, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Ineos Group Holdings S.A., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Merck KAaA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Borealis AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.SABIC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Eastman Chemical, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Axalta Coating Systems, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Wacker Chemie, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Mitsui Chemicals, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Additional Companies, Sales /Revenue, 2015-2018 ($Mn/$Bn)