The demand for polyolefins in the hottest Asia Pac
2022-10-22- Detail
The demand for polyolefins in the Asia Pacific and Middle East markets has increased year by year
in recent years, the polyolefin industry in the Asia Pacific region has developed rapidly to meet the current rapidly changing market. At present, the region has become a gathering place for many large polyolefin producers in the world. It is expected that in the next few years, Asia is expected to become the market with the largest demand for polyolefins in the world. From 2013 to 2018, the compound annual growth rate of polyolefin consumption in this region is expected to reach 6.2%
the latest data shows that in recent years, the growth rate of polyolefin demand in the Asia Pacific region has increased year by year. Market sand markets believes that this is mainly due to the increasing demand for polyolefins in China
in addition, the research report said that in the next five years, the compound annual growth rate of polyolefin demand in the Middle East will reach 5.5%. In recent years, the industry in this region has developed rapidly. Affected by it, the application scope of polyolefin has been expanding, and its market demand has also increased significantly. At present, Saudi Arabia occupies a leading position in the polyolefin market in the Middle East, and its annual polyolefin consumption is the largest in the region. In terms of production, Saudi Arabia is the country with the fastest growth of polyolefin production capacity in the Middle East
at present, a large part of polyolefins are used in the field of film and sheet production. It is expected that during the year, the demand for polyolefins in this field has also decreased significantly, and the threshold for entrepreneurship will have an annual compound growth rate of more than 4.7%
note: the reprinted content indicates the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content to continue to promote the replacement of market share of Dow Chemical and other giants
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