Press release
Global Polypropylene Catalyst Market 2017-2025| W. R. Grace & Co, LyondellBasell, Süd-Chemie India Pvt Ltd and Clariant
Albany, NY, 16th July : Recent research and the current scenario as well as future market potential of "Polypropylene Catalyst Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" globally.Polypropylene catalyst is commercially employed in the production line of numerous polypropylene processes comprising bulk, gas phase, and bulk loop processes. Polypropylene catalysts are commercially available in numerous particle sizes in order to fit the requirements of varied polypropylene processes. Polypropylene catalyst helps improve operating economies.
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Polypropylene Catalyst Market: Drivers and Restraints
Demand for polypropylene catalyst is expected to rise led by the growth in the polypropylene market. This growth can be ascribed to the increase in usage of plastics. This, in turn, can be due to the substitution of heavyweight and less energy efficient materials, predominantly in developing regions such as Asia Pacific. Increase in demand for polypropylene catalyst is also attributed to the rise in usage of polypropylene catalyst to produce a wide portfolio of polypropylene resins. Demand for polypropylene catalyst is rising; hence, manufacturers such as W. R. Grace & Co. have expanded their production capacity in Europe. Furthermore, the company acquired a polypropylene catalyst facility in the U.S. in 2010. In 2013, the company acquired polypropylene catalyst business from The Dow Chemical Company. In 2016, manufacturers such as Clariant and CB&I announced the construction of new polypropylene catalyst production plant in the U.S.
Polypropylene Catalyst Market: Segmentation
Based on type, the polypropylene catalyst market can be segmented into:
Ziegler Natta
Metallocene
Others (Co-catalyst Systems, etc.)
The Ziegler Natta segment held the major share of more than 60% of the polypropylene catalyst market in 2016. It is is expected to continue to dominate the market during the forecast period. However, the metallocene segment is predicted to offer lucrative opportunities for the global polypropylene catalyst market during the next few years.
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Polypropylene Catalyst Market: Segmentation
Based on process, the polypropylene catalyst market can be segmented into:
Bulk Phase
Gas Phase
Others (Bulk Loop Phase, etc.)
In terms of application, the polypropylene catalyst market can be divided into:
Films
Fibers
Tubes
Others (Foams, etc.)
The films application segment held the major share of the polypropylene catalyst market in 2016. It is also expected to offer significant opportunity during the next few years.
Polypropylene Catalyst Market: Region-wise outlook
In terms of geography, the global polypropylene catalyst market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Rise in the number of new polymer production facilities by low-cost manufacturers in China, North America, and Middle East is anticipated to drive the global polypropylene market. The low cost manufacturing is expected to pressure the margins for manufacturers. Rise of shale gas-derived raw materials has facilitated North America-based polypropylene manufacturers to accomplish a high level of cost effectiveness. This is predicted to have a positive impact on the polypropylene catalyst market in North America during the forecast period. However, the polypropylene catalyst market in Middle East & Africa is anticipated to be hampered owing to the stiff competition from manufacturers across North America and China.
Polypropylene Catalyst Market: Key Players
Key players operating in the polypropylene catalyst market include W. R. Grace & Co., LyondellBasell, Süd-Chemie India Pvt. Ltd., and Clariant. LyondellBasell has been accounting for major share of the global polypropylene catalyst market since the last two years. It is followed by W. R. Grace & Co. Other global manufacturers such as Ineos and Lummus also held significant share of the polypropylene catalyst market in 2016.
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.
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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
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