The North America Polyolefins Market size was about USD 56.2 Billion in 2022. It is expected to raise at a CAGR of 6.8% to develop to around USD 65.7 Billion by 2028.
Polyolefins are polymers formed by the polymerization of simple olefins. They are mainly used in structural plastics, consumer goods, industrial products, and food packaging. Their various features make them the perfect food packaging material. Polyolefins are favored over other metallic and non-metallic alternatives due to their lightweight, strength, and resistance to physical and chemical attacks.
Polyethylene
Polypropylene
Functional Polyolefins
Film & Sheet
Injection Molding
Blow Molding
Fibers & Raffia
The end-use injection molding application is expected to continue to dominate the market during the forecast period. Parts manufactured using injection molding are lightweight and have superior mechanical properties. High demand for high-quality products from the electronics, electrical and automotive industries drives the growth in this industry.
The US is projected to dominate the polyolefin market during the forecast period due to increasing demand from the construction sector. Increased construction activity, combined with increasing residential and commercial infrastructure projects, has increased the use of polyolefins used in the construction industry. Polyolefin is derived from crude oil and natural gas. However, due to the abundant availability of natural gas in the North American region, it is mainly used as a feedstock for the production of polyolefin.
United States
Canada.
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