Europe Polyolefins Market is Expected to Reach $63,219 Million in 2018 - A Report by MicroMarket Monitor
(PRWEB) January 08, 2015 -- Polyolefins are the largest group of thermoplastic. Polyolefins are largely used in industries, such as film and sheet, injection molding, blow molding, and fiber and tapes. Europe is the second-largest market for polyolefins, with a significant contribution from Germany.
Browse through the TOC of Europe Polyolefins Market for an analysis of industry trends, segments & forecasts.
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The European polyolefin market is estimated to witness a CAGR of around 7% during the forecast period. Germany dominates the European polyethylene market with a market share of nearly 30% in 2013, followed by Italy and France. Growing demand from the packaging and construction industry is the driving factor for this market.
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The European polyolefins market is segmented on the basis of countries, applications, and types. The countries covered in the report include Germany, France, Italy, and others. The report covers the film and sheet, injection molding, and blow molding applications. Among these applications, blow molding is estimated to generate the highest revenue In addition, the minor application sectors, such as pipe and profile, extrusion coating, wire and cable, and roto molding are also covered in the report. Market size estimations, both in terms of value as well as volume, for each segment and sub-segment have been outlined to identify their individual contribution towards the overall market.
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Based on the product type, polyolefins are segmented into LDPE (Low Density Polyethylene), LLDPE (Linear Low Density Polyethylene), and HDPE (High Density Polyethylene). LLDPE is estimated to register the highest CAGR during the forecast period. The report also provides the comprehensive review of the market drivers, restraints, opportunities, challenges, and the key burning issues. The top players of industry are profiled with their recent developments and strategic initiatives.
Related Reports:
North America Polyolefins Market
Polyolefins are the largest group of thermoplastics. In general, Polyolefins are made up of non-aromatic carbon and hydrogen atoms. Polyolefins are generally produced from oil or natural gas by polymerizing monomers of ethylene in the presence of catalyst. A number of other processes for producing polypropylene are also being developed by number of companies in the region which will ultimately decrease the cost of production of polypropylene. The most commonly used polyolefins are low density polyethylene (LDPE), linear low density polyethylene (LLDPE) and high density polyethylene (HDPE) - and polypropylene (PP). Polyolefins finds wide applications in stretch films, sling film, carrier bags, toys, kitchen appliances and pipes.
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