Argentina Polyolefin Market Size & Outlook, 2023-2030
Argentina polyolefin market, 2018-2030 (US$M)
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Argentina polyolefin market highlights
- The Argentina polyolefin market generated a revenue of USD 3,721.0 million in 2023 and is expected to reach USD 5,414.5 million by 2030.
- The Argentina market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, polyethylene (pe) was the largest revenue generating product in 2023.
- Ethylene-Vinyl Acetate (EVA) is the most lucrative product segment registering the fastest growth during the forecast period.
Polyolefin market data book summary
| Market revenue in 2023 | USD 3,721.0 million |
| Market revenue in 2030 | USD 5,414.5 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Polyethylene (pe) |
| Fastest growing segment | Ethylene-Vinyl Acetate (EVA) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene (PE), Polypropylene (PP), Ethylene-Vinyl Acetate (EVA), Thermoplastic Polyolefins (TPOs), Polyoxymethylene (POM), Polycarbonate (PC), Polymethyl Methacrylate (PMMA) |
| Key market players worldwide | China Petroleum & Chemical Corp Class H, LyondellBasell Industries NV Class A, PetroChina Co Ltd Class H, TotalEnergies SE, Chevron Corp, Repsol SA, Dow Inc, Exxon Mobil Corp, Braskem SA ADR, OMV AG |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.5% of the global polyolefin market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil polyolefin market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 12,390.8 million by 2030.
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Polyolefin Market Scope
Polyolefin Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina polyolefin market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polyolefin market will help companies and investors design strategic landscapes.
Polyethylene (pe) was the largest segment with a revenue share of 39.3% in 2023. Horizon Databook has segmented the Argentina polyolefin market based on polyethylene (pe), polypropylene (pp), ethylene-vinyl acetate (eva), thermoplastic polyolefins (tpos), polyoxymethylene (pom), polycarbonate (pc), polymethyl methacrylate (pmma) covering the revenue growth of each sub-segment from 2018 to 2030.
The polyolefin market has enormous growth potential in Argentina and the country offers lucrative growth opportunities to investors in domestic polyethylene production. The country is characterized by the presence of a strong industrial base, coupled with abundant availability of shale resources, which can be optimized to enhance the current energy industry, thereby leading to revitalizing the country’s petrochemical industry.
These factors are expected to positively impact the demand for polyolefins in the country over the forecast period owing to the continuous inflow of raw materials. Argentina accounts for approximately 19.62% of the overall plastics demand in 2022, in terms of revenue, across Central & South America, followed by Chile and Colombia.
The growth of the packaging industry is one of the factors contributing to driving the polyolefin market in the country. Furthermore, government regulations in favor of plastics and the growth of sectors such as consumer goods are projected to significantly impact the demand for polyolefin packaging materials on a positive note over the forecast period.
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Our clientele includes a mix of polyolefin market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina polyolefin market , including forecasts for subscribers. This country databook contains high-level insights into Argentina polyolefin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina polyolefin market size, by product, 2018-2030 (US$M)
Argentina Polyolefin Market Outlook Share, 2023 & 2030 (US$M)
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