May 13, 2021 17:00 ET | Source: Emergen Research Emergen Research

Vancouver, British Columbia, May 13, 2021 (GLOBE NEWSWIRE) -- The global Polyolefin Market is expected to reach USD 310.0 Million in 2027, according to a current analysis by Emergen Research. Advancements in plastic technologies and growing demand for eco-friendly packaging are key factors boosting global market revenue growth. 

Polyolefin is in demand due to its properties like high durability, chemical resistance, and lightweight. There has been an increase in demand for many polyolefin products in various induration applications including packaging, film, and sheet sectors due to its features like high impact resistance and tensile strength. Factors such as growing usage of eco-friendly polyolefins that do not cause much emission, increasing consumer awareness about environmental protection, growing emphasis on plastic curbing, and implementation of stringent government laws against waste disposal are some factors boosting growth of the global polyolefin market. In addition, considering the environmental norms, various market players are investing in research and development activities to develop enhanced plastic products capable of replacing traditional plastics in terms of their chemical and physical properties. 

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 Scrutiny by several governments worldwide is encouraging key players to develop and launch better quality products and maintain their top position in the global market. Moreover, government regulations for optimizing fuel efficiency and reducing Co2 emission is expected to open lucrative opportunities for market players going ahead. 

Some key highlights in the Report:

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For the purpose of this report, Emergen Research has segmented into the global Polyolefin Market on the technology, application, and region:

Technology Outlook (Revenue, USD Billion; 2017-2027)

Application Outlook (Revenue, USD Billion; 2017-2027)

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Regional Outlook (Revenue: USD Billion; 2017-2027)

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