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Amorphous Polyolefins Market to Witness Robust Expansion by 2024– Top Key players like Evonik,Eastman,REXtac,Inc.
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Amorphous poly-alpha-olefins (APAO/APO) are produced by (co-) polymerisation of α-olefins, e.g. propylene or 1-butene with Ziegler-Natta catalysts. The (co-)polymers have an amorphous structure which makes them useful for the production of hot melt adhesives.
APOs are used as base polymers in hot-melt adhesives, bitumen modification, paper laminating, elastomer extenders in sealants, pressure sensitive adhesives, and many other applications. They are characterized by consistent quality, low odor, good heat stability, low color, and broad compatibility with numerous elastomers, polymers, and tackifying resins. Hot melt adhesive and pressure sensitive adhesive is the largest application field.
Raw materials of APOs are ethylene, propylene, 1-butene and Ziegler–Natta catalyst. Currently, there are five major suppliers, such as Evonik, Eastman, REXtac, Liaoyang Liaohua Qida Chemicals and Hangzhou Hangao. Evonik is world largest player with production of 60110 ton in 2017.
According to this study, over the next five years the Amorphous Polyolefins market will register a 2.7% CAGR in terms of revenue, the global market size will reach US$ 540 million by 2024, from US$ 480 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Amorphous Polyolefins business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Evonik
Eastman
REXtac
Liaoyang Liaohua Qida Chemicals
Hangzhou Hangao
Market Segment by Type, covers
Propylene Homopolymer
Copolymer of Propylene and Ethylene
Propylene Homopolymer and Ethylene Copolymer
Other
Market Segment by Applications, can be divided into
Hot Melt Adhesive
Bitumen Modification
Polymer Modification
Other
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Related Information:
North America Amorphous Polyolefins Market Growth 2019-2024
United States Amorphous Polyolefins Market Growth 2019-2024
Asia-Pacific Amorphous Polyolefins Market Growth 2019-2024
Europe Amorphous Polyolefins Market Growth 2019-2024
EMEA Amorphous Polyolefins Market Growth 2019-2024
Global Amorphous Polyolefins Market Growth 2019-2024
China Amorphous Polyolefins Market Growth 2019-2024
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