Polyolefin Powders Market: Introduction
Polyolefin powders are composed of crystalline polyolefin material produced from olefins. These powders can be obtained directly from the reactor stream by placing the heated mixed reactants against a stream of liquid water. The powdered form of polyolefin is used in various applications such as rubber compounding, paper coating, ink & paint formulation, and injection molding. Different grades of polyolefin powders can be used as per requirements of end-use industries such as automotive & transportation, paints & coatings, and building & construction.
Polyolefin Powders Market: Overview
The polyolefin powders market can be segmented based on chemistry, application, end-use, and region. Based on chemistry, the polyolefin powders market can be classified into polyethylene powder, polypropylene powder, and Ethylene Vinyl Acetate (EVA) powder. Polyethylene powder is further classified into linear low-density polyethylene (LIDPE) powder, low-density polyethylene (LDPE) powder, and high-density polyethylene (HDPE) powder. In terms of chemistry, polyethylene powder is projected to be the leading segment owing to the rise in demand for the polyethylene powder in rotomolding applications to manufacture automotive fuel tanks, water, septic, oil, chemicals tanks and plastic containers.
In terms of application, the polyolefin powders market can be segregated into rotomolding, masterbatch, and others. Rotomolding is anticipated to dominate the polyolefin powders market owing to the rise in demand for this application in the manufacturing process of different types of tanks to store fuel, chemicals, water, etc. Additionally, increase in usage of polyolefin powders in rotomolding application to make containers and packages is driving the segment.
Based on end-use industry, the polyolefin powders market can be divided into toys and tanks & containers, automotive & transportation, paints & coatings, cosmetics, battery, building & construction, and others. The others segment includes industrial soaps & cleaners, rubber & carpet, hot melt adhesives (HMA) & pressure sensitive adhesive (PSA), printer & flexo and gravure ink, and grease. Toys and tanks & containers together accounted for major share of the polyolefin powders market in 2017 owing to the increase in usage of polyolefin powder in rotomolding application.
Polyolefin Powders Market: Trends & Developments
The global polyolefin powders market is significantly driven by the increase in usage of these powders in various end-use industries such as toys, tank & containers, automotive & transportation, and paints & coatings. Additionally, rapid growth in these industries is boosting the polyolefin powders market. In terms of volume, the polyolefin powders market is gaining momentum owing to the rise in usage of these powders in rotomolding application. However, growth in awareness about the negative impact of plastic on the environment and implementation of stringent government regulations are hampering the polyolefin powders market. Nevertheless, rise in demand for 3-D printing is providing lucrative opportunities to the polyolefin powders market.
Polyolefin Powders Market: Regional Outlook
Asia Pacific accounted for significant share of the global polyolefin powders market in 2017 due to the increase in demand for these powders in rotomolding and masterbatch applications in the region. Expansion in automotive & transportation, paints and & coatings, cosmetics, toys, tank & containers, and building & construction industries in emerging economies such as China and India is also driving the polyolefin powders market. North America and Europe are significant consumers of polyolefin powders; however, the market in these regions is estimated to expand at a sluggish pace due to the implementation of stringent government regulations on the usage of polymers. The polyolefin powders market in Latin America is expected to expand significantly during the forecast period owing to the development of infrastructure and automotive sectors in Brazil.
Polyolefin Powders Market: Key Players
Key players operating in the global polyolefin powders market include LyondellBasell Industries Holdings B.V., Exxon Mobil, Ineos Group Holdings S.A., Merck KGaA, Borealis AG, SABIC, Eastman Chemical, Axalta Coating Systems, Wacker Chemie, Mitsui Chemicals, Micro Powders, Rapid Coat, Rowak, Moretex Chemical, and Schaetti.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.
TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.
Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.
Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across 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.