LONDON, Oct. 11, 2016 /PRNewswire/ -- Polyolefins are macromolecules formed by the polymerization of olefin monomer units. The IUPAC nomenclature term is poly . The most common polyolefins are polypropylene and polyethylene . These polymers are prevalent in a wide array of applications depending on the material characteristics of the polymer, most notably consumer plastic. This Latin American market report is classified on the basis of various parameters. This report contains market segments on the basis of type, process, application and geography.
The polyolefins market is classified on the basis of their type into:
The major factors driving the growth of Latin America Polyolefins is the increased consumption of plastics in construction, declining feedstock prices, strong demand from the APAC region.
The geographical analysis of the report is segmented by countries which include Brazil, Mexico, Colombia, Argentina, Peru, Chile and others. Brazil region had the highest volume sales in 2014 due to prevalence of the infrastructure development projects and increased packaging applications. The significant growth in infrastructure projects is set to propel the Mexican volume at a CAGR of 4.06% till 2020. The significant growth in recent years of the packaging industry, particularly in Brazil, will also positively affect the market. While, increased business and consumer spending will drive demand for consumer products in the Latin American region, automobiles will as well aid the market demand growth for polyolefins.
The key players in the Latin American polyolefins market include:
Petróleos Mexicanos S.A. De C.V.
The Dow Chemical Co.
The estimates and forecasts have been derived based on various inputs from primary and secondary sources. Secondary sources such as articles, whitepapers, journals and other has helped to deliver an extensive analysis in this report. Insights related to various regulatory frameworks and consumer studies have been collected from publications by government organizations and other agencies related to chemicals and their derivatives. To enhance the accuracy of the estimates, the data has been validated by conducting interviews with industry experts. This report on the Latin America polyolefins market identifies many such insights, market share analysis and M&A opportunities, besides providing a detailed analysis of the key players, distributors and growth rate of the market.
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