Global Polyolefin Catalyst Market: Overview

A polyolefin is a class of polymers produced from a simple olefin, known as an alkene. For instance, polyethylene is the polyolefin produced by polymerizing olefin ethylene. Polyethylene is another common polyolefin that is made from olefin propylene. Polyolefin has the wide range of properties, and are primarily determined by their molecular weight and degree of crystallinity. Its degrees of crystallinity ranges from 0% to 60% or higher. Polyolefin are majorly utilized in blow molded or rotationally molded components. They are also employed in the packaging of various food products.

Demand for consumer goods is increasing rapidly in emerging economies. Furthermore, technological innovation has fueled the demand for plastic films, packaged goods, and building materials. Technological advancements in the refinery sector as well like high severity fluid catalytic cracking unit have increased yield by 27% to 28% after combining with olefin conversion unit and by around five times when combined with fluid catalytic cracking. These factors are expected to drive the polyolefin catalyst market. However, high manufacturing cost and volatility in prices of precious metals are restraining the market.

Global Polyolefin Catalyst Market: Key Segments

The global polyolefin catalyst market can be segmented based on type, end-user, and region. In terms of type, the market can be classified into Ziegler Natta, metallocene, and peroxide initiators. The Ziegler Natta segment dominated the polyolefin catalyst market primarily, as it is cost-effective and can be easily controlled for the production of thermoplastic polyolefin such as polypropylene. Metallocene types are largely utilized for custom designed products, and they provide enhanced impact strength and toughness. These type of polyolefin catalyst used in the manufacture of value added and high price polymers.

Based on end-user, the polyolefin catalyst market can be split into automobile, coatings, construction, packaging, and pharmaceutical. The automobile segment dominated the global polyolefin catalyst market. The segment is estimated to expand at a notable CAGR during the forecast period. Polyolefin catalyst are used in the manufacture of auto parts such as bumpers, seats, lighting, and dashboard. Construction is another major end-user segment of the market.

Global Polyolefin Catalyst Market: Regional Analysis

In terms of region, the global polyolefin catalyst market can be classified into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the global polyolefin catalyst in 2017. The market in the region is projected to expand at a significant CAGR during the forecast period. The region is home to large plants with significantly high capacity to manufacture polyolefin catalyst. Rapid industrialization in countries such as China, India, Japan, and those in Southeast Asia is driving the demand of the polyolefin catalyst. China is a major manufacturer and consumer of polyolefin, globally. North America is another major market of polyolefin catalyst. The region is expected to account for a significant share of the global market, in terms of revenue, during the forecast period.

In Europe, Germany is expected to contribute significantly in polyolefin catalyst market, primarily due to the well-established and expanding automobile industry in the country, which includes major players such as Audi and Volkswagen. The construction industry in GCC countries is expanding at a rapid pace which in turn is boosting the usage of polyolefin catalyst usage in the sub-region.

Global Polyolefin Catalyst Market: Key Players

Key companies operating in the global polyolefin catalyst market include W. R. Grace & Co, Lyondellbasell Industries Holdings B.V., China Petrochemical Corporation, Akzo Nobel, Albemarle Corporation, Chicago Bridge & Iron Company N.V, Clariant AG, Dorf-ketal Chemicals India Private Limited, DowDupont Inc., Evonik Industries Ag, Haldor Topsoe, Ineos Technologies Limited, Johnson Matthey, Mitsui Chemicals Inc., and Nova Chemicals Corporation.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.


 

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Polyolefin Catalyst Market

Pre Book