Global Polyolefin Catalyst Market to Reach US$ 3.8 Billion by 2032, Impelled by Rising Demand from Healthcare Industry

July 07, 2022 | Chemical & Materials

According to the latest report by IMARC Group, titled "Polyolefin Catalyst Market Report by Type (Ziegler-Natta Catalyst, Single Site Catalyst, Chromium Catalyst, and Others), Classification (Polypropylene, Polyethylene, and Others), Application (Injection Molding, Blow Molding, Films, Fibers, and Others), End Use Industry (Automobile, Construction, Healthcare, Electronics, Packaging, and Others), and Region 2024-2032," the global polyolefin catalyst market reached a value of US$ 2.6 Billion in 2023. Polyolefin refers to a macromolecule that is produced by the polymerization of olefin. It is mainly utilized as a catalyst for enhancing the rate of chemical reactions in several industrial processes. Due to its molecular properties, including impact strength and resistance to degradation, it is widely adopted in the manufacturing of multiple consumer plastic products. Besides this, it is easy to fabricate, has a lower density, and possesses excellent design flexibility with recyclable nature. Consequently, there has been a considerable increase in product adoption in the production of battery cases and medical devices.

Global Polyolefin Catalyst Market Trends:

The global market is primarily driven by the rising product demand from the healthcare industry. This is supported by the increasing utilization of polyolefin catalyst in the manufacturing of personal protective equipment (PPE) that is widely used by healthcare professionals. In line with this, the rapid outbreak of coronavirus disease (COVID-19) has led to the growing demand for personal protective equipment (PPE) across the globe, which is providing a boost to the market. Moreover, a considerable rise in film extrusion processes, coupled with the continual advancements in film extrusion technology, is impacting the market growth favorably. Additionally, the escalating demand for lightweight and durable materials in the production of automobiles is creating a positive market outlook. Furthermore, continuous developments in the packaging industry have resulted in the augmenting adoption of polyolefin catalysts on the global level. Other factors, including rapid industrialization, continuous product innovations, significant growth in the chemical industry and extensive research and development (R&D) activities conducted by key players, are also influencing the growth of the market. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 3.8 Billion by 2032, exhibiting a CAGR of 4.1% during 2024-2032.

Market Summary:

On the basis of the type, the market has been segmented into Ziegler-Natta, single site, chromium and other catalysts.
Based on the classification, the market has been classified into polypropylene, polyethylene and others.
On the basis of the application, the market has been segregated into Injection molding, blow molding, films, fibers and others.
Based on the end-use industry, the market has been categorized into automobile, construction, healthcare, electronics, packaging and others.
On the basis of the region, the market has been divided into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others) and the Middle East and Africa.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of these players include Albemarle Corporation, Clariant AG, Honeywell International Inc., INEOS Capital Limited, Japan Polypropylene Corporation (Mitsubishi Chemical Corporation), LyondellBasell Industries N.V., Mitsui Chemicals Inc., Nova Chemicals Corporation, Sinopec Catalyst Co. Ltd. (China Petroleum & Chemical Corporation), Toho Titanium Co. Ltd. (JX Nippon Mining & Metals Corporation), W. R. Grace and Company, and Zeochem AG.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion
Segment Coverage	Type, Classification, Application, End Use Industry, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Albemarle Corporation, Clariant AG, Honeywell International Inc., INEOS Capital Limited, Japan Polypropylene Corporation (Mitsubishi Chemical Corporation), LyondellBasell Industries N.V., Mitsui Chemicals Inc., Nova Chemicals Corporation, Sinopec Catalyst Co. Ltd. (China Petroleum & Chemical Corporation), Toho Titanium Co. Ltd. (JX Nippon Mining & Metals Corporation), W. R. Grace and Company and Zeochem AG
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Global Polyolefin Catalyst Market to Reach US$ 3.8 Billion by 2032, Impelled by Rising Demand from Healthcare Industry

Purchase options

Single User License $2499
Five User License $3499
Corporate User License $4499

Inquire Before Buying

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Speak to an Analyst

Request Brochure

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.