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The global polyolefin catalyst market reached a value of US$ 2.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.2 Billion by 2027, exhibiting a CAGR of 4.97% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Polyolefin catalyst is a substance molecule used for increasing the rate of chemical reaction for the synthesis of simple olefins. It is produced in solid and liquid structures by combining monomers through a chemical reaction between catalysts. Some of the commonly available variants include polyethylene, polypropylene, polybutene and polymethyl pentene, along with various elastomers, such as ethylene propylene diene monomer rubber, ethylene-propylene rubber and polyisobutylene. Polyolefin catalysts are widely in the manufacturing of films, fibers, tubes, packaging trays, household products, battery cases, medical devices and injection molded products. They find extensive applications across various industries, including automotive, packaging, medical and textile.
The increasing demand for polypropylene and polymer resins across the globe is one of the key factors driving the growth of the market. Polypropylene-based personal protective equipment (PPE) is widely being used by healthcare professionals and individuals to filter and trap droplets released during coughing and sneezing. In line with this, the increasing demand for lightweight, durable and versatile materials in the automotive industry is also contributing to the growth of the market. Polyolefin catalysts are used for the production of the interior, exterior and under-the-hood components of automobiles to enhance the operational efficiency and minimize fuel consumption of the vehicle. Other factors, including significant growth in the chemical industry, along with the implementation of favorable government policies to minimize emission levels during manufacturing processes, are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global polyolefin catalyst market report, along with forecasts for growth at the global and regional level from 2022-2027. Our report has categorized the market based on type, classification, application and end use industry.
Breakup by Type:
Breakup by Classification:
Breakup by Application:
Breakup by End Use Industry:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
|Base Year of the Analysis||2021|
|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
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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)|
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