Latin America Polyethylene and Polypropylene Market Size, Share and Global Market Forecast to 2027
The report on Latin America Polyethylene and Polypropylene Market was recently published by SDKI, which includes the latest market trends, current and future opportunities along with the factors that are driving the growth of the market. This report further encompasses the records for the expansion of the market along with information on the investment opportunities that help the clients to take positive decisions on the parameters for gaining profitable revenues. Moreover, the report also contains identification and investigation of the market structure, in-depth qualitative analysis, restraints & challenges, growth drivers, emerging product trends & market opportunities and Porter’s five forces.
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Latin America Polyethylene and Polypropylene Market: Overview
- Polypropylene is used in a wide range of household and industrial applications. It is synthesized from propylene monomer through chain-growth polymerization. Polypropylene belongs to the polyolefin group.
- Polyethylene is a widely used plastic in the world. It is derived through modified natural gases such as ethane, methane, and propane. Polyethylene is also derived from catalytic cracking of crude oil into gasoline.
- The polyethylene and polypropylene market in Latin America is anticipated to expand at a steady pace during the forecast period
- Demand for polyethylene and polypropylene packaging is rising constantly in Latin America. Online shopping activity has been increasing in emerging economies such as Brazil and Mexico in the region. Large numbers of e-Commerce companies operate in these countries. Increase in need of plastic packaging is driving the demand for polyethylene and polypropylene in the packaging industry in Latin America.
- Polyethylene and polypropylene are primarily used in instrument panels, automobile doors, and sheathing electrical cables in the automotive industry. Polyethylene and polypropylene are highly functional, esthetic, and sustainable materials in the modern world. These materials have replaced several materials such as metal, concrete, and wood, as they are lightweight, corrosion proof, economical, and esthetically appealing. Versatility of polyethylene and polypropylene to provide better qualitative properties is driving their consumption across the region. This, in turn, is boosting the polyethylene and polypropylene market in Latin America.
Rise in Demand for Polypropylene in Latin America
- The polyethylene and polypropylene market in Latin America has been segmented based on product, application, end use, and country & sub-region. Based on product, the polyethylene and polypropylene market in Latin America has been bifurcated into polyethylene and polypropylene. In terms of revenue, the polyethylene segment held major share of the polyethylene and polypropylene market in the region in 2019. The polypropylene segment is anticipated to expand at a faster pace during the forecast period.
- In terms of application, the polyethylene and polypropylene market in Latin America has been classified into polypropylene: injection molding, fiber & raffia, film & sheet, blow molding, and others; and polyethylene: films & sheet extrusion, pipe extrusion, injection molding, blow molding, and others
- Based on end use, the polyethylene and polypropylene market in Latin America has been segregated into polypropylene: packaging, automotive, consumer goods, electrical & electronics, building & construction, and others; and polyethylene: packaging, automotive, consumer goods, electrical & electronics, construction, and others
- Expansion in the packaging industry in Latin America is likely to drive the demand for polyethylene and polypropylene in the region, as these are employed in the manufacture of rigid and flexible packaging materials
- Rise in investments in research & development activities and advancements in technology by major market players to enhance the recycling rate of plastic and polyethylene-related products are projected to create opportunities in the polyethylene and polypropylene market in Latin America
- Consumers prefer sustainable, eco-friendly, and ethical product brands. Increase in awareness about plastic recycling through advertisements has boosted the sales of products such as plastic containers and geomembranes. This is expected to augment the polyethylene and polypropylene market in Latin America.
Latin America Polyethylene and Polypropylene Market: Key Country Highlights
- In terms of country & sub-region, the polyethylene and polypropylene market in Latin America has been split into Brazil, Mexico, Argentina, and Rest of Latin America. Brazil dominated the polyethylene and polypropylene market in the region in 2019. This trend is estimated to continue during the forecast period. The country is projected to create lucrative opportunities for the polyethylene and polypropylene market in the near future.
- Demand for polyethylene and polypropylene in Brazil is driven by growth in packaging and automotive industries
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Latin America Polyethylene and Polypropylene Market: Competition Landscape
- Major manufacturers of plastics dominated the polyethylene and polypropylene market in Latin America in 2019. Key players operating in the polyethylene and polypropylene market in the region include
- Toray do Brasil Ltda.
- Exxonmobil MĂ©xico S.A. De C.V.
- LyondellBasell Brasil Ltda
- INEOS
- CELANESE CORPORATION
- Chevron Phillips Chemical Company
- SABIC
- Braskem Idesa,
- Alpek
- Borealis AG.
Latin America Polyethylene and Polypropylene Market - Scope of the Report
The recent report on the polyethylene and polypropylene market in Latin America provides readers with an assessment of the landscape of the market with the help of a comprehensive outlook. This study on the polyethylene and polypropylene market in Latin America analyzes the market for the period from 2020 to 2030, wherein 2019 is the base year. The report enables readers to make important decisions regarding their business, with the help of a wealth of information enclosed in the study.
This study on the polyethylene and polypropylene market in Latin America also provides data on developments made by important players and stakeholders in the market, along with competition analysis. The report also provides understanding of drivers, restrains, opportunities, and market trends.
This study also discusses the underlying trends and the impact of various factors that are driving the polyethylene and polypropylene market in Latin America, along with their influence on the growth of the market.
This study also offers Porter’s Five Forces analysis and value chain analysis of the polyethylene and polypropylene market in Latin America in order to elaborate on crucial growth strategies of players operating in the regional market.
Key Questions Answered in Latin America Polyethylene and Polypropylene Market Report
- How much revenue is the polyethylene and polypropylene market in Latin America expected to generate by the end of the forecast period?
- Which country currently accounts for the maximum share of the polyethylene and polypropylene market in Latin America?
- What are the factors anticipated to drive the polyethylene and polypropylene market in Latin America during the forecast period?
- Which country is likely to be a highly lucrative for polyethylene and polypropylene during the forecast period?
- What are the essential strategies adopted by key stakeholders of the polyethylene and polypropylene in Latin America to expand their geographical presence?
- What are major advancements in the polyethylene and polypropylene in Latin America?
This report answers these questions about the polyethylene and polypropylene market in Latin America, aiding major stakeholders and key players in making correct decisions and strategizing for expansion of their business.
Latin America Polyethylene and Polypropylene Market: Research Methodology
This report on the polyethylene and polypropylene market in Latin America is based on a complete and comprehensive evaluation of the market, supported by secondary and primary sources. The competition scenario of the polyethylene and polypropylene market in Latin America is supported by an assessment of different factors that influence the market on a minute and granular level. By thoroughly analyzing the historical data and current trends, researchers of the polyethylene and polypropylene market in Latin America arrived at predictions and estimations and calculated the market forecast.
This report uses an analytical triangulation method to estimate the polyethylene and polypropylene market in Latin America by using both bottom-up and top-down approaches.
This detailed assessment of the polyethylene and polypropylene market in Latin America, along with an overview of the market, is provided on the basis of a careful examination of growth opportunities. Analysts’ conclusions on how the polyethylene and polypropylene market in Latin America is set to expand are based on carefully vetted primary and secondary sources.
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Table of Content
1. Executive Summary: Latin America Polyethylene and Polypropylene Market
1.1. Latin America Polyethylene and Polypropylene Market Volume (Kilo Tons) Forecast, 2019–2030
1.2. Key Trends - Demand-side Trends
1.3. Latin America Polyethylene and Polypropylene Market Value (US$ Mn) Forecast, 2019–2030
1.4. TMR Growth Opportunity Wheel
2. Market Overview
2.1. Market Segmentation
2.2. Key Market Developments
2.3. Market Definitions
2.4. Market Indicators
2.5. Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunities
2.6. Porter’s Five Forces Analysis
2.7. Value Chain Analysis
2.8. COVID-19 Economic Impact on Latin America Polyethylene and Polypropylene industry
2.9. List of Potential Customers
3. Latin America Polyethylene and Polypropylene Market Pricing Analysis (US$/Ton), by Region, 2019–2030
4. Latin America Polyethylene and Polypropylene Production Output, 2019
5. Latin America Polyethylene and Polypropylene Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, 2019–2030
5.1. Key Findings
5.2. Latin America Polyethylene and Polypropylene Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Type, 2019–2030
5.2.1. Polyethylene
5.2.1.1. HDPE
5.2.1.2. LDPE
5.2.1.3. LLDPE
5.2.2. Polypropylene
5.2.2.1. Homopolymer
5.2.2.2. Block Copolymer
5.2.2.3. Random Copolymer
5.3. Latin America Polyethylene and Polypropylene Market Attractiveness Analysis, by Product Type
5.4. Latin America Polyethylene and Polypropylene Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2019–2030
5.4.1. Polyethylene
5.4.1.1. Film & Sheet Extrusion
5.4.1.2. Pipe Extrusion
5.4.1.3. Injection Molding
5.4.1.4. Blow Molding
5.4.1.5. Others
5.4.2. Polypropylene
5.4.2.1. Injection Molding
5.4.2.2. Fiber & Raffia
5.4.2.3. Film & Sheet
5.4.2.4. Blow Molding
5.4.2.5. Others
5.5. Latin America Polyethylene and Polypropylene Market Attractiveness Analysis, by Application
5.6. Latin America Polyethylene and Polypropylene Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2019–2030
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