Press release
Polyolefin Catalyst Market to cross US$3.1 billion by 2026 | NEOS Group, Mitsui Chemicals, Clariant, Evonik Industries, DuPont
As per the latest research report, Polyolefin Catalyst Market size exceeded USD 2.1 billion in 2018 and to cross US$3.1 billion by 2026. Since their inception, polyolefins have grown to be an immensely lucrative industrial product. The growth of polyolefin catalyst market has been exceptional since the last few years.Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/1794
Based on classification, the polyolefin catalyst market is divided into polypropylene, HDPE and LLDPE. Among these classifications, the polypropylene segment led the polyolefin catalyst market in 2018 and is anticipated to exhibit a CAGR of 4.8% in terms of revenue over the coming years.
PP is further bifurcated into atactic, Isotactic and syndiotactic polypropylene, and are differentiated from one another based upon the position of methyl groups relative to the polymer chain. Several types of polypropylene, such as random copolymer, homopolymer or, impact copolymer use a variety of catalyst components that are majorly dependent upon the licensed process in use.
With respect to catalyst, the polyolefin catalyst market is segmented into Zeigler Natta, single site catalyst and chromium. Among these, single site catalyst held a market share of over 10% in 2018 and shall grow at a CAGR of 4.4% during the assessment period.
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The regional segmentation covers:
? Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)
? North America Region (U.S., Canada, Mexico)
? South America Region (Argentina, Brazil, Columbia, Rest of South America)
? Asia-Pacific Region (China, South Korea, Japan, Southeast Asia, India, Rest of Asia-Pacific)
? The Middle East & Africa Region (UAE, Saudi Arabia, Nigeria, South Africa, Egypt, Rest of MEA)
From a regional frame of reference, the LATAM polyolefin catalyst market held a share of over 4.2% in 2018. Additionally, the Middle East and Africa polyolefin catalyst market is anticipated to grow at a CAGR of 4.3% throughout the assessment period.
The Middle East will strengthen its position by leveraging the largest export production capabilities globally. The presence of a sophisticated oil and gas infrastructure shall positively attribute to this growth.
The top companies in the market includes W.R. Grace, Univation Technologies, LLC, LyondellBasell Industries N.V., Sud-Chemie India Pvt., Ltd, Johnson Matthey Inc., China Petroleum Corporation (Sinopec Group), TOHO Titanium Company Limited, PQ corporation, Idemitsu Kosan Co., Ltd., INEOS Group, Mitsui Chemicals, Inc, Clariant AG, Evonik Industries, DuPont, Inc., DORF-KETAL Chemicals India Private Limited, AGC Chemicals Inc., and NOVA Chemicals Corporation.
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Main Features of the Global Market Research Report:
The report delivers the market valuation as well as the projected growth rate of the market spanning all years till 2025.
-The report also describes the major drivers of the market by considering as well as taking calculated risks, in tandem with identifying and testing new strategies.
-The research report endorses a detailed industry chain analysis. Also, it covers the production process of the market, upstream raw material supplier information, raw material costs, labor costs, manufacturing costs, marketing channels, as well as the downstream buyers of the market.
-The report provides detailed knowledge about the competitive scenario of the global market and also discusses the numerous marketing strategies adopted by companies to stay ahead in the competition.
-The report analyses the various market segments and also provides their contribution to the development of the global industry.
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