Polypropylene Catalyst Market worth $2.5 billion by 2025 | Key players LyondellBasell Industries (the Netherlands), W.R. Grace & Co. (US), Clariant (Switzerland), Evonik (Germany), INEOS (UK).

According to recent market research the "Polypropylene Catalyst Market by Type (Ziegler Natta, Metallocene and Others), Manufacturing Process (Bulk Phase Process, Gas Phase Process and Others), Region - Global Forecast to 2025", The global polypropylene catalyst market size is estimated to be USD 1.5 billion in 2020 and is projected to reach USD 2.5 billion, by 2025, at a CAGR of 9.9%. The growth of the market is attributed to the increasing production of polypropylene and growing R&D activities to develop new specialty polypropylene.

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The Ziegler Natta type segment is projected to be the largest between 2020 and 2025 due to its properties, such as to produce polypropylene that have long isotactic sequences, that results in high crystallinity of the products and due to its lower cost than others.

The gas phase process segment is projected to register the fastest growth between 2020 and 2025 due to its growing adoption by various polypropylene manufacturers globally. The gas phase process segment will be driven because it is cost effective and offers high is tacticity of the polypropylene molecule.

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APAC is estimated to be the largest market for polypropylene catalyst. China is estimated to be the leading market for polypropylene catalyst in APAC. India, Japan, and South Korea are other major countries contributing to the growth of the polypropylene catalyst market in the region. The growing polypropylene demand from industries such as automotive, packaging and consumer electronics is leading countries in this region to increase their production capacities which will drive the market for polypropylene catalyst during the forecast period.

The key companies profiled in the Polypropylene Catalyst market report are LyondellBasell Industries (the Netherlands), W.R. Grace & Co. (US), Clariant (Switzerland), Evonik (Germany), INEOS (UK), Sumitomo Chemicals (Japan), China Petrochemical Corporation (China), Japan Polypropylene Corporation (Japan), Evonik (Germany), and TOHO Titanium (Japan), and Mitsui Chemicals (Japan).

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LyondellBasell Industries (the Netherlands) is one of the largest manufacturers of plastics, chemicals, and refining products in the world. The company operates its business through its six business units, namely, Olefins & Polyolefins-Americas, Olefins & Polyolefins Europe, Asia & International, Intermediates & Derivatives, Refining, and Advanced Polymer Solutions and Technology. The company manufactures and markets polypropylene catalysts through its olefins & polyolefins-Americas, and olefins & polyolefins-Europe, and Asia & International business units. The company has 55 manufacturing sites in 17 countries and market reach in ~100 countries.

W.R. Grace (US) manufactures and sells specialty chemicals and specialty materials. The company operates through two business segments, namely, Catalyst Technologies and Materials Technologies. The Catalyst Technology segment offers catalysts, related products, and technologies used in petrochemicals, refining, and chemical manufacturing applications. The Material Technologies business segment includes specialty materials, such as silica-based and silica-alumina-based materials, which are used in coatings, consumer goods, industrial, and pharmaceutical applications. The company offers polypropylene catalysts through its Catalyst Technologies business segment.

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