Asia-Pacific dominated the global polyolefin market by accounting for the highest revenue share in 2017, and it is expected to continue its dominance throughout the forecast period of 2018-2026 by exhibiting a CAGR of 6.85%.
The availability of cheap skilled labour compared to the western countries is one of the major driving factors, which is aiding the expansions of the polyolefins market in the Asia-Pacific region. The China polyolefin market is the most prosperous market in this region. Products from Chinese polyolefin industries are cheaper as compared to those from other developed regions. The other countries profiled in this report are India, Japan, South Korea and few others in rest of Asia-Pacific.
Companies like Asahi Kasei, Akzo Nobel N.V, China Petroleum & Chemical Corporation (Sinopec), Chemical Company, Chevron Phillips Inc, E. I. Du Pont De Nemours And Company, ExxonMobil, Evonik Industries, Mitsubishi Chemical Holdings, Toray Industries, PTT Group and PolyOne Corporation are operating the polyolefin market.