The Europe Polyolefin Market is expected to reach 45,670.75 thousand tons by 2025, from 36,961.50 thousand tons in 2017 growing at a CAGR of 2.9% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Europe Polyolefin report, a market study and overview is carried out by considering market drivers, market restraints, opportunities and challenges for a particular business. This Europe Polyolefin report contains a key data and information about the market, emerging trends, product usage, motivating factors for customers and competitors, restraints, brand positioning, and customer behaviour. The report acts as a perfect window to the Europe Polyolefin industry which explains what market definition, classifications, applications, engagements and market trends are. This market report has CAGR value fluctuations during the forecast period of 2019-2026 for the market.
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The major factors driving the growth of this market are Shift in End-user Preference towards Flexible Packaging, Growing demand from Construction Sector, Changing Raw Material Supply Scenario. The Polyolefin market in the Europe region is leading in Germany.
Key Points: Europe Polyolefin Market
TOTAL is going to dominate the Europe Polyolefin following with LyondellBasell Industries DOWDUPONT INEOS and SABIC
· Polyethylene segment is expected to dominate the EU Polyolefin market.
· The Polyolefin market in the Europe region is leading in France, U.K., Germany, Spain and Italy. Germany accounts for the highest market share in this region.
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Key Drivers: Europe Polyolefin Market
Europe is the growing market for polyolefin Market. The growth in this market is due to shift in end-user preference towards flexible packaging
Market Segmentation: Europe Polyolefin Market
· The Europe Polyolefin market is segmented on the basis of type, end user and geography. The report provides data for 2016 to 2025, 2017 being the current year while 2018 to 2025 is the forecast period for the report.
· The Europe polyolefin market is segmented based on type into two notable segments; polyethylene, polypropylene. The polyolefin market is dominated by Polypropylene with 54.9% market share in 2018, growing at a CAGR of 3.3% in the forecast period.
· The EU is segmented based on end User into six notable segments; Packaging, Consumer Goods, Building & Construction, Automotive, Medical & Pharmaceuticals and Others. In 2018, the Packaging polyolefin segment is expected to dominate the market with 45.1% market share.
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