Latin America Polyolefin Market is Estimated to Reach USD 13.7 Billion by 2021

The major factors driving the growth of Latin America Polyolefins is the increased consumption of plastics in construction, declining feedstock prices, strong demand from the APAC region.
Moderate to strong demand for plastics is set to drive the Brazilian Polyolefin Market to $6.6 Billion & Latin American Market to $13.7 Billion by 2021.

According to the market research report “Latin America Polyolefin Market Analysis: By Type (Polyethylene, Polypropylene); By Process (Blow Molding, Film & Sheet, Injection Molding); By Application (Films, Packaging, Consumer Products, Automobile, Textiles & Fittings) – Forecast (2015-2020)”, published by IndustryARC, the Latin America polyolefin market is set toreach $13.7 Billion by 2021

Browse through 30 Market Tables, 15 Figures spread through 84 slides and an in-depth TOC on “Latin America Polyolefins Market”

Polyolefins are macromolecules formed by the polymerization of olefin monomer units. The IUPAC nomenclature term is poly(alkene). The most common polyolefins are polypropylene (PP) and polyethylene (PE). They are non-polar, odorless, nonporous materials that are often used in consumer goods, structural plastics, food packaging and industrial products.

According to a recent study by IndustryARC, the Latin America polyolefin market size, in terms of value, is estimated to reach $13.7 billion, by 2021. The high-growth application areas such as packaging, textile and fittings and continuous expansion activities undertaken by companies are key factors driving the growth in this market. The Latin America Polyolefin market is dominated by Brazil which is poised to exhibit a CAGR of 4% over the next five years. Colombia and Chile are the growth frontiers for the Latin America Polyolefin manufacturers, providing a huge potential market to be tapped.

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The attractiveness of Latin America Polyolefin industry is analysed by taking into account the supply side and demand side factors. The Latin America Polyolefin market is highly dominated by few key players accounting for major market share due to large customer base and wide distribution network. Most of the products in the Latin America Polyolefin industry are standardized coupled with moderate to low product differentiation. Overall the market the degree of competition is low to moderate for the Latin America Polyolefin market.

The Latin America Polyolefin market report is a comprehensive study of the market for different types, processes, applications and countries.

Following key players are covered as part of the market landscape analysis among others:

  • Braskem S.A.
  • Borealis AG
  • Petróleos Mexicanos S.A. De C.V.
  • The Dow Chemical Co.

The Latin America Polyolefin market has also been analyzed for the following major countries:

  • Brazil
  • Mexico
  • Colombia
  • Argentina
  • Peru
  • Chile & others

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