Global Polymer Resin for Packaging and Oil & Gas Market Research Report Information by Type By Application and By Region

Description

List of Tables

Global Polymer Resin for Packaging and Oil & Gas Market Research Report Information by Type (Polyethylene, Polypropylene, Others) By Application (Oil & Gas, Packaging) and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa)- Forecast to 2030

Market Overview

The Polymer Resin for Packaging and Oil & Gas Market was valued at USD 162,186.2 million in 2023. The Polymer Resin for Packaging and Oil & Gas industry is expected to reach USD 249,101.5 million by 2030, with a compound yearly growth rate (CAGR) of 6.32% over the forecast period (2024- 2030). The Polymer Resin for Packaging and Oil & Gas Market is predicted to be driven by the expansion of the oil and gas sector as well as the packaging industry's rapid growth. Low interest rates in most developed nations, increased investment in oil and gas, rapidly increasing gas demand, lower production costs, expansion of LNG storage and transportation infrastructure, security concerns, and continued use of unconventional oil and gas resources like shale oil and tight gas, as well as cutting-edge technological solutions for more efficient oil and gas production rates, are all expected to boost the rapidly expanding oil and gas industry.

However, increased knowledge of the health risks associated with polymer resin is a major impediment to market expansion. One of the key market barriers for the polymer resin sector is public knowledge of the negative consequences of polymer resins. As consumers' awareness of these health dangers has grown, the market has begun to express worry about polymer resin. Furthermore, the market for polymer resin will encounter hurdles due to fluctuating raw material prices, which may limit market expansion. The increasing use of biodegradable polymer resin is projected to generate prospects for polymers. The creation of biodegradable polymers can be regarded a viable solution to the problem, as it addresses all of the disadvantages of regular plastics. Bioplastics, which are made fully or primarily from biological resources rather than crude oil, provide a realistic way to preserve the immense benefits of traditional plastics.

Market Segment insights

Polyethylene, polypropylene, and others are the types of polymer resin used in the packaging and oil and gas industries.

The Polymer Resin for Packaging and Oil & Gas Market is divided by application.

Regional insights

The Polymer Resin for Packaging and Oil & Gas market is divided into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The Asia Pacific region emerged as the leading and fastest-growing segment in the Polymer Resin for Packaging and Oil & Gas market, rising at a CAGR of 7.12%. The segment is expected to generate USD 100,213.5 million by the end of the projection period. Rapid economic expansion in China, India, and Southeast Asian countries has resulted in higher disposable incomes, which has boosted consumer spending on packaged products.

Because of ongoing industrialization and infrastructure expansion, the Asia-Pacific oil and gas industry rely largely on polymer resins. Countries in this region are investing extensively in developing their oil and gas exploration, production, and transportation capacities. Polymer resins, particularly high-density polyethylene (HDPE) pipes, are vital for pipeline and infrastructure construction due to their corrosion resistance, flexibility, and endurance in harsh circumstances.

Major Players

Borealis AG, BASF SE, Evonik Industries AG, LyondellBasell Industries N.V., Shell Plc, Solvay, Roto Polymers, Dow Chemical Company, Nan Ya Plastics Corp, Saudi Arabia Basic Industries Corporation, Celanese Corporation, INEOS Group, and Exxon Mobil Corporation are among the market's major participants.

Product Code: MRFR/CnM/1389-CR

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS
1.2 POLYMER RESIN FOR PACKAGING AND OIL & GAS MARKET, BY PRODUCT TYPE
1.3 POLYMER RESIN FOR PACKAGING AND OIL & GAS MARKET, BY APPLICATION
1.4 POLYMER RESIN FOR PACKAGING AND OIL & GAS MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 TOP-DOWN & BOTTOM-UP APPROACH
3.6 FORECAST MODEL
3.7 LIST OF ASSUMPTIONS

4 MARKET DYNAMICS

4.1 OVERVIEW
4.2 DRIVERS
- 4.2.1 EXPANSION OF OIL & GAS INDUSTRY
- 4.2.2 SURGING GROWTH OF THE PACKAGING INDUSTRY
4.3 RESTRAINTS
- 4.3.1 RISING AWARENESS OVER HEALTH SIDE EFFECTS OF POLYMER RESIN
4.4 OPPORTUNITIES
- 4.4.1 GROWING ADOPTION OF BIODEGRADABLE POLYMERS
4.5 CHALLENGES
- 4.5.1 FLUCTUATING PRICES OF RAW MATERIALS MAY CONFINE THE MARKET GROWTH

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIALS
- 5.1.2 MANUFACTURERS
- 5.1.3 DISTRIBUTION AND SALES CHANNEL
- 5.1.4 END USERS
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY
5.3 PRICING ANALYSIS, BY REGION FROM 2019 TO 2030 (USD/TON)
5.4 IMPACT OF COVID-19 ON THE POLYMER RESIN FOR PACKAGING AND OIL & GAS MARKET

6 GLOBAL POLYMER RESIN MARKET, BY APPLICATION

6.1 GLOBAL POLYMER RESIN MARKET SIZE, MARKET ESTIMATES & FORECAST BY APPLICATION, 2019-2030

7 GLOBAL POLYMER RESIN MARKET, BY TYPE

7.1 GLOBAL POLYMER RESIN MARKET SIZE, MARKET ESTIMATES & FORECAST BY TYPE, 2019-2030

8 GLOBAL POLYMER RESIN MARKET, BY REGION

8.1 GLOBAL POLYMER RESIN MARKET SIZE, MARKET ESTIMATES & FORECAST BY REGION, 2019-2030
8.2 NORTH AMERICA
- 8.2.1 US
- 8.2.2 CANADA
8.3 EUROPE
- 8.3.1 GERMANY
- 8.3.2 RUSSIA
- 8.3.3 ITALY
- 8.3.4 FRANCE
- 8.3.5 UK
- 8.3.6 SPAIN
- 8.3.7 REST OF EUROPE
8.4 ASIA-PACIFIC
- 8.4.1 CHINA
- 8.4.2 INDIA
- 8.4.3 JAPAN
- 8.4.4 SOUTH KOREA
- 8.4.5 AUSTRALIA & NEW ZEALAND
- 8.4.6 REST OF ASIA-PACIFIC
8.5 LATIN AMERICA
- 8.5.1 BRAZIL
- 8.5.2 MEXICO
- 8.5.3 ARGENTINA
- 8.5.4 REST OF LATIN AMERICA
8.6 MIDDLE EAST & AFRICA
- 8.6.1 GCC COUNTRIES
- 8.6.2 SOUTH AFRICA
- 8.6.3 TURKEY
- 8.6.4 REST OF MIDDLE EAST & AFRICA

9 COMPETITIVE LANDSCAPE

9.1 MARKET INTRODUCTION
9.2 KEY DEVELOPMENTS
9.3 GLOBAL MARKET STRATEGY ANALYSIS
9.4 LIST OF POLYMER RESIN CUSTOMERS BY APPLICATION
9.5 COMPETITIVE BENCHMARKING

10 COMPANY PROFILES

10.1 BOREALIS AG
- 10.1.1 COMPANY OVERVIEW
- 10.1.2 FINANCIAL OVERVIEW
- 10.1.3 PRODUCT OFFERED
- 10.1.4 KEY DEVELOPMENTS
- 10.1.5 SWOT ANALYSIS
- 10.1.6 KEY STRATEGIES
10.2 BASF SE
- 10.2.1 COMPANY OVERVIEW
- 10.2.2 FINANCIAL OVERVIEW
- 10.2.3 PRODUCTS OFFERED
- 10.2.4 KEY DEVELOPMENTS
- 10.2.5 SWOT ANALYSIS
- 10.2.6 KEY STRATEGIES
10.3 EVONIK INDUSTRIES AG
- 10.3.1 COMPANY OVERVIEW
- 10.3.2 FINANCIAL OVERVIEW
- 10.3.3 PRODUCTS OFFERED
- 10.3.4 KEY DEVELOPMENTS
- 10.3.5 SWOT ANALYSIS
- 10.3.6 KEY STRATEGIES
10.4 LYONDELLBASELL INDUSTRIES N.V
- 10.4.1 COMPANY OVERVIEW
- 10.4.2 FINANCIAL OVERVIEW
- 10.4.3 PRODUCT OFFERED
- 10.4.4 KEY DEVELOPMENTS
- 10.4.5 SWOT ANALYSIS
- 10.4.6 KEY STRATEGIES
10.5 SHELL PLC
- 10.5.1 COMPANY OVERVIEW
- 10.5.2 FINANCIAL OVERVIEW
- 10.5.3 PRODUCTS OFFERED
- 10.5.4 KEY DEVELOPMENTS
- 10.5.5 SWOT ANALYSIS
- 10.5.6 KEY STRATEGIES
10.6 SOLVAY
- 10.6.1 COMPANY OVERVIEW
- 10.6.2 FINANCIAL OVERVIEW
- 10.6.3 PRODUCTS OFFERED
- 10.6.4 KEY DEVELOPMENTS
- 10.6.5 SWOT ANALYSIS
- 10.6.6 KEY STRATEGIES
10.7 ROTO POLYMERS
- 10.7.1 COMPANY OVERVIEW
- 10.7.2 FINANCIAL OVERVIEW
- 10.7.3 PRODUCTS OFFERED
- 10.7.4 KEY DEVELOPMENTS
- 10.7.5 SWOT ANALYSIS
- 10.7.6 KEY STRATEGIES
10.8 DOW CHEMICAL COMPANY
- 10.8.1 COMPANY OVERVIEW
- 10.8.2 FINANCIAL OVERVIEW
- 10.8.3 PRODUCTS OFFERED
- 10.8.4 KEY DEVELOPMENT
- 10.8.5 SWOT ANALYSIS
- 10.8.6 KEY STRATEGIES
10.9 NAN YA PLASTICS CORP
- 10.9.1 COMPANY OVERVIEW
- 10.9.2 FINANCIAL OVERVIEW
- 10.9.3 PRODUCTS OFFERED
- 10.9.4 KEY DEVELOPMENTS
- 10.9.5 SWOT ANALYSIS
- 10.9.6 KEY STRATEGIES
10.10 SAUDI ARABIA BASIC INDUSTRIES CORPORATION
- 10.10.1 COMPANY OVERVIEW
- 10.10.2 FINANCIAL OVERVIEW
- 10.10.3 PRODUCTS OFFERED
- 10.10.4 KEY DEVELOPMENTS
- 10.10.5 SWOT ANALYSIS
- 10.10.6 KEY STRATEGIES
10.11 CELANESE CORPORATION
- 10.11.1 COMPANY OVERVIEW
- 10.11.2 FINANCIAL OVERVIEW
- 10.11.3 PRODUCTS OFFERED
- 10.11.4 KEY DEVELOPMENT
- 10.11.5 SWOT ANALYSIS
- 10.11.6 KEY STRATEGIES
10.12 INEOS GROUP
- 10.12.1 COMPANY OVERVIEW
- 10.12.2 FINANCIAL OVERVIEW
- 10.12.3 PRODUCTS OFFERED
- 10.12.4 KEY DEVELOPMENTS
- 10.12.5 SWOT ANALYSIS
- 10.12.6 KEY STRATEGIES
10.13 EXXONMOBIL CORPORATION
- 10.13.1 COMPANY OVERVIEW
- 10.13.2 FINANCIAL OVERVIEW
- 10.13.3 PRODUCTS OFFERED
- 10.13.4 KEY DEVELOPMENTS
- 10.13.5 SWOT ANALYSIS
- 10.13.6 KEY STRATEGIES

11 APPENDIX

11.1 REFERENCES
11.2 RELATED REPORTS