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The Polyolefins Global Market Report 2023 by The Business Research Company, provides polyolefins market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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According to The Business Research Company’s Polyolefins Global Market Report 2023, the market size is expected to grow from $195.54 billion in 2022 to $220.45 billion in 2023 at a compound annual growth rate (CAGR) of 12.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The polyolefins market size is expected to grow to $346.21 billion in 2027 at a CAGR of 11.9%.

An increase in demand for packaged food is expected to propel the growth of the polyolefins market going forward. Packaged food is a type of food that saves time in food acquisition, preparation, and is ready-to-eat food from grocery stores. Polyolefins are used to pack food products with mechanical strength, and cost-efficiency, as a result, increasing demand for packaged food increases the demand for polyolefins market.


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The polyolefins market is segmented:
1) By Type: Polyethylene (PP) – HDPE, LDPE, LLDPE, Polypropylene, Other Types

2) By Application: Films and Sheets, Blow Molding, Injection Molding, Profile Extrusion, Other Applications

3) By End-User: Packaging, Automotive, Construction, Pharmaceuticals/Medical, Electronics & Electricals
Technological advancements are a key trend gaining popularity in the polyolefins market. Major companies operating in the polyolefins market are focused on product innovations to strengthen their position in the market. For instance, in May 2020, Braskem a US-based manufacturer of polyolefins developed polyolefin-based additive manufacturing materials. The company added products such as powder for powder-bed fusion technology, pellets with pellet extrusion technology, and polyolefin-based filament with material extrusion technology. These newly developed products can be used for fused filament fabrication for personal and industrial uses.

The polyolefins market report table of contents includes:
1. Executive Summary
2. Polyolefins Market Characteristics
3. Polyolefins Market Trends And Strategies
4. Polyolefins Market – Macro Economic Scenario
5. Polyolefins Market Size And Growth
.................
26. Africa Polyolefins Market  
27. Polyolefins Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Polyolefins Market
29. Polyolefins Market Future Outlook and Potential Analysis
30. Appendix


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https://topprnews.com/pet-food-market-research/Contact Us: 
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