Polyolefin powders market was valued at USD 6.46 Billion in 2016 and is projected to reach USD 8.48 Billion by 2022, at a CAGR of 4.62% between 2017 and 2022. The report segments the polyolefin powders market on the basis of chemistry into polyethylene, polypropylene and EVA; on the basis of end-use industry into toys, tanks & containers, automotive & transportation, paints & coatings, cosmetics, batteries, building & construction, and others; on the basis of application into rotomolding, masterbatch, and others, and region into North America, Europe, APAC, the Middle East & Africa, and South America. Base year considered for the study is 2016, while the forecast period is between 2017 and 2022. The rise in demand for polyolefin powders in various end-use industries, such as toys, tanks & containers, automotive & transportation, and paints & coatings is driving the polyolefin powders market.
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♦ Major Key Players –
Polyolefin powders are manufactured by grinding raw polyolefin pellets under cryogenic conditions in the presence of grinding aids. Major players in the market are LyondellBasell (Netherlands), Ineos (Switzerland), Borealis (Austria), Mitsui Chemical (Japan), SABIC (Saudi Arabia), Exxon Mobil (US), and others.
On the Basis of Application:
- Rotomolding
- Masterbatch
- Others
On the Basis of End-use Industry:
- Toys, tanks & containers
- Automotive & transportation
- Paints & coatings
- Cosmetics
- Battery
- Building & construction
- Others
Polyethylene is the largest chemistry segment of the polyolefin powders market.
The polyolefin powders market has been segmented on the basis of chemistry into polyethylene (PE), polypropylene (PP), and EVA powders for use in various end-use industries and their applications. The polyethylene chemistry segment is projected to grow at the highest CAGR between 2017 and 2022, in terms of value, followed by the polypropylene and EVA segments. In 2017, the polyethylene segment accounted for the largest market share, in terms of volume and value, due to available forms of more density types and higher demand from rotomolding application to make oil, water, chemical, fuel, septic, outdoor storage tanks, vessels, marine fuel tanks, recreational automotive fuel tanks, large refuse containers, and wood plastic containers.
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