WEBINAR - What is the latest outlook for the global polyolefins industry?
Note, this Webinar was held on September 14th - if you missed it Contact Us for further information.
We will be hosting two sessions:
Tuesday, September 14 - 10AM GMT
Duration: 45 minutes
Tuesday, September 14 - 2PM GMT
Duration: 45 minutes
Global polyolefins demand grew by 5-6 percent in 2020. Global demand has been sustained by increasing use of consumer and medical packaging, and PPE (personal protective equipment) that are essential to the pandemic response. Automotive and construction sectors experienced recovery in the second half of 2020 when economies reopened.
The global polyolefins demand is expected to increase by 4-5 percent in 2021, moderately lower than that experienced in 2020, as economies recover and demand resulting from pandemic response wanes.
Global operating rates are expected to drop over the next three years, reaching a trough in 2024 as a result of reduced demand growth and new capacity coming onstream across the globe. Beyond the short-term turbulence resulting from COVID-19, the polyolefins market growth rates are projected to fall behind GDP during 2035 to 2040 due to market maturity and sustainability development
This Webinar will address key questions:
- How has COVID-19 impacted the polyolefins industry through 2020 and 2021? What are the challenges and opportunities in 2022 and beyond, and what are the regional trends?
- What trends are influencing supply and which regions are currently investing in new capacity?
- With increasing protectionism, how is global trade likely to evolve?
- Longer term, how will recycling influence polyolefins markets?
- How have turbulent energy markets impacted production costs of polyolefins through 2020 and 2021?
- How has supply disruption impacted profitability of polyolefins through 2020 and 2021?
- How has competitiveness of polyolefins production evolved in recent turbulent markets.
View details of our Market Analytics: Polyolefins - 2021. which gives analysis and forecast to 2045 of supply and demand of the global polyolefins markets, including low density polyethylene (LDPE), linear low density polyethylene (LLDPE), high density polyethylene (HDPE) and polypropylene. This analysis identifies the issues shaping the industry as well as provide detailed demand breakdown by end-use and supply, demand and net trade data for 40 countries.
About Us - NexantECA, the Energy and Chemicals Advisory company is the leading advisor to the energy, refining, and chemical industries. Our clientele ranges from major oil and chemical companies, governments, investors, and financial institutions to regulators, development agencies, and law firms. Using a combination of business and technical expertise, with deep and broad understanding of markets, technologies and economics, NexantECA provides solutions that our clients have relied upon for over 50 years.
About the Presenters
Xuesone Peng, Market Lead
Xuesong has 15 years industry experience, having led and performed a wide range of consulting engagements on petrochemicals and polymers and extended value chains. Recently, Xuesong assumed a managing role in NexantECA subscriptions and reports.
Andrew Powell, Profitability Lead
Andrew has 20 years of experience analysing petrochemical industry performance with Nexant. He is an expert in assessing production economics and preparing price forecasts spanning the full petrochemical industry value chain, from refinery to specialty chemicals.
Andrew leads development of Nexant Subscriptions analysis of profitability and pricing across the global petrochemical industry.