Nonchlorinated Polyolefins Market | Top Key Players are 3M, Eastman Chemical Company, Eastman Chemical Company, S&E Specialty Polymers, Exxon Mobil Corporation

Top Market Players:

3M (US)
S&E Specialty Polymers (US)
Eastman Chemical Company (US),
Exxon Mobil Corporation (US),
NIPPON PAPER INDUSTRIES CO., LTD. (Japan),
TOYOBO CO., LTD. (Japan),
Advanced Polymer, Inc. (US)

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Segmentation:

Global nonchlorinated polyolefins market is divided by types, applications, end user industry, and region.

On the basis of types, the nonchlorinated polyolefins market is divided into nonchlorinated polyethylene, nonchlorinated polypropylene, nonchlorinated polystyrene, and others. Generally, nonchlorinated polyolefins are available in solvent and waterborne grades. Among all grades the waterborne nonchlorinated polyolefins is used for adhesion of coatings to plastic substrate. They are frequently used in applications such as appliances, toys, packaging films, automotive parts, containers, and other molded items. These polyolefins are halogen-free and are used in adhesion of coatings to metal, plastic substrates and provide excellent feature in unusual environmental conditions, such as high humidity or exposure to gasoline. Non-chlorinated polyolefin has been developed to promote adhesion of coatings applied to polypropylene and thermoplastic.

On the other hand, on the basis of application the nonchlorinated polyolefins market is segmented into adhesives, plastic, paints & coatings, rubber, and others. Among all application adhesives occupied the highest market share. The applications for non-chlorinated polyolefins are reliant on their diverse categories and features. Primarily, they are highly used as an adhesive to a surface in a number of applications such as automobile bumpers, printing ink etc. Their fire and chemical agents resistance properties makes them perfect for heat shrink tubing products such as Neoprene Tubing, DWFR tubing, and others.

Furthermore, on the basis of end user the nonchlorinated polyolefins market is segmented into packaging, automotive, electrical, and building & construction among others. The increasing consumption of nonchlorinated polyolefins in various industries will drive the global nonchlorinated polyolefins market in the forecast period including in regions such as North America, Europe, Latin America and Middle East.

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Market Scenario:

Nonchlorinated polyolefins is used in various application such as adhesives, plastic, paints & coatings, rubber, and others. Furthermore, it is highly used in various industries such as packaging, automotive, electrical, and building & construction among others. Additionally, the growing packaging and construction industry is driving the nonchlorinated polyolefins market. Nonchlorinated polyolefin are available in various types such as nonchlorinated polyethylene, nonchlorinated polypropylene, nonchlorinated polystyrene, and others. On the basis of geography, market share of nonchlorinated polyolefins is high in Asia Pacific region and is also expected to increase at a higherrowth rate as compared to other regions such as North America, Europe, Latin America and Middle East.

Geographical Insights:

Geographically, APAC region is the biggest market of nonchlorinated polyolefins due to continuous growing demand for packaging, construction, and paint industry in China, India, Japan, and Taiwan. On the other hand, North America region which holds second position for nonchlorinated polyolefins market. The major industries to drive this market in this region are automotive, electrical and others industry. In addition, the third largest market of nonchlorinated polyolefins is Europe region due to large consumption in packaging, and construction industry. Moreover, Latin America and Middle East have also witnessed the growth of nonchlorinated polyolefins market due to various application such as adhesives, plastic, paints & coatings, rubber, and others.

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This release was published on openPR.