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Polyolefin Powders Market Forecast Report 2023: Global Foresight and Top Competitors – SABIC, Exxon Mobil Corporation, Eastman Chemical Company, LyondellBasell Industries Holdings BV, Asahi Kasei Corporation, Borealis AG
Polyolefin Powders Market
Polyolefin powders, also called fluff or flake, offer high bulk density, narrow particle size distribution, and good powder flow ability. A polyolefin solution is made with a solvent, non-solvent, small amount of an inorganic compound, and water; this solution is then cooled to create a polyolefin powder. The polymerized powder needs to be cleaned of residual monomers, catalysts, and solvents using a decanter centrifuge, purge bin, degassing vessel, or deodorizing silo.
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The Global Polyolefin Powders Market is primarily driven by the increasing use of these powders in major industries such as electronics, food packaging, construction, automotive, textiles, and healthcare. The different types of polyolefin powders are polypropylene (PP), polyethylene (PE), and ethylene-vinyl acetate (EVA).
The growth of the end-use industries in emerging nations in Asia-Pacific is one of the major factors driving market growth. Growth-centric countries in the region such as China, India, Thailand, Malaysia, and Indonesia are expected to offer lucrative opportunities to market players during the forecast period.
Intended Audience:
• Polyolefin powders manufacturers
• Traders and distributors of polyolefin powders
• Research and development institutes
• Potential investors
• Raw material suppliers
• Nationalized laboratories
Key Global Competitors:
Some of the manufacturers operating in the Global Polyolefin Powders Market are; LyondellBasell Industries Holdings BV (Netherlands), Exxon Mobil Corporation (US), INEOS (UK), Merck KGaA (Germany), SABIC (Saudi Arabia), Borealis AG (Austria), Eastman Chemical Company (US), Axalta Coating Systems (US), Wacker Chemie AG (Germany), Mitsui Chemicals Inc. (Japan), Asahi Kasei Corporation (Japan), and Sumitomo Seika Chemicals Co. Ltd (Japan).
Regional Analysis:
The Global Polyolefin Powders Market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
The Asia-Pacific is dominated the global polyolefin powders market in 2017 due to the high demand in major end-use industries. Fast-paced industrialization in emerging economies such as China and India is expected to fuel product demand in diverse applications.
North America accounted for the second-largest market share in 2017 due to the high demand for polyolefin powders in the food packaging, automotive, electronics, construction, and aerospace industries in the region.
The European market is expected to grow at a significant rate due to the high production and sales of automotive parts in the region.
Segmentation:
The Global Polyolefin Powders Market has been segmented on the basis of type, application, end-use industry, and region.
Based on type, the global polyolefin powders market has been divided into PP, PE, and EVA. The PE segment has been further segregated into high density polyethylene (HDPE) and low-density polyethylene (LDPE).
On the basis of application, the market has been categorized as rotomolding, master batches, SMC, BMC, dusting agents, sintering agents, binding agents, carpet applications, and others.
By end-use industry, the market has been segmented into electronics, food packaging, construction, automotive, textiles, medical, and others.
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