Press release
Polyolefin catalyst market outlook appears bullish, demand for polypropylene to soar | Key players PQ corporation, Idemitsu Kosan Co., Ltd., INEOS Group, Mitsui Chemicals, Inc, Clariant AG, Evonik Industries, DuPont, Inc
Ziegler-Natta (ZN) catalysis has continued its popularity in the production of PP, PE, and end products including fibers for clothing and carpets, pipes for gas and water, molded parts for bottles, foils for packaging, car parts and appliance housings. In the latest research report compiled by Global Market Insights, Inc., polyolefin catalyst market size is likely to surpass $3.1 by 2026.
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https://www.gminsights.com/request-sample/detail/1794
Top Key Players in The Market are:
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
Trends that are likely to be witnessed
Ever since the discovery of Ziegler-Natta catalysts, consumption of polyolefin has been soaring by leaps and bounds. Currently, polypropylene (PP) based polyolefin is setting the trend in a myriad of applications, including textiles, ropes, food packaging, laboratory equipment, automotive components, and loudspeakers, among several others.
Production of PP is likely to increase in the next few years in the wake of notable spike being witnessed in Asia Pacific. The region is observing product expansion following the supply of raw materials from Middle East region.
PP-based polyolefins are being perceived as one of the most sought-after revenue growth spaces as far as the consumption and production of polymer are considered. Trend for PP production is envisaged to be observed in APAC in the ensuing period.
Prevailing drivers
Increased use of polyolefin in automotive industry is being witnessed as several forward-looking companies invest in technologies that improve the value for PP producers, consumers and brand owners.
Use of sophisticated Ziegler-Natta building blocks has leveraged innovation in the polypropylene space and bolstered product features such as low temperature no-break and high MFR reactor and ultra-high clarity thermoformed parts. Use of polyolefins will continue to play instrumental role in the plastic industry and is expected to provide a range of pallet solutions globally.
Browse complete summary of this research report @
https://www.gminsights.com/industry-analysis/polyolefin-catalyst-market
Likely opportunities in the industry landscape
With polyolefins being one of the largest and leading volume industrial polymers across APAC and North America, they are profoundly being used in the production of a slew of commercial products, including automobile parts, pipes, films, household bottles and pipes.
Applications of polyolefin catalyst for film and extruded products, blow molded and injection molded items, such as release film; high-frequency films; paper coatings; and food packaging, including gas permeable packages for vegetables and fruit offer palpable growth opportunities for stakeholders eyeing to expand their footholds.
Potential challenges
Even though unprecedented level of production of polyethylene stems from Ziegler-Natta catalysts, they tend to have less control of growing polymer and there may be difficulty in the removal of catalyst from the final product. Besides, volatile crude oil prices may impede the growth of the industry.
That said, polyolefin catalyst will continue to gain traction for they help in producing products with high melting point, high molecular weight, and controllable morphology. Trend set by Ziegler-Natta catalysts is likely to fare well for the projection of the polyolefin catalyst industry. It is worth mentioning that dynamics of polyolefins will bolster leading companies’ consumer base in APAC.
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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