Global Polypropylene Catalyst Market Set to Grow at Healthy CAGR of 6.2% by 2025
Global Polypropylene Catalyst Market is expected to reach USD 1.76 billion by 2025, from USD 1.10 billion in 2017 growing at a CAGR of 6.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Polypropylene catalysis involves polymerization of olefins in the presence of progress metal as a catalyst. It is an invigorating phenomenon which is viewed as a critical matter from the modern perspective. This assists the organizations and production of cost effective polypropylene. Polypropylene is a thermoplastic polymer that is utilized as a part of shifted applications in laboratory equipment, bundling and marking, reusable containers, plastic parts, loudspeakers, automobile segments, polymer banknotes and others. Metallocene is compound which consists of cyclopentadienyl anions which is bound to a metal centre in the oxidation state.
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Key Market Competitors: Global Polypropylene Catalyst Market
The key players operating in the global polypropylene catalyst market are –
- Lyondellbasell Industries
- Clariant
- Mitsui Chemicals
The other players in the market are W.R. Grace & Co., China Petrochemical Corporation, China Petrochemical Corporation, oho Titanium, Ineos, Sumitomo Chemicals, Akzonobel N.V, Basf Se, Albemarle, Univation Inc., Sinopec, Grace chemicals, SUD Chemie, Dow chemicals, Mitsui Chemicals, Clariant chemicals, Sinopec Catalyst and many more.
Market Segmentation: Global Polypropylene Catalyst Market
- By Type (Ziegler-Natta, Metallocene),
- By Manufacturing Process (Bulk Process, Gas Phase Process)
- By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Market Drivers:
- R&D activities for developing improved pp catalyst
- Increasing production of polypropylene
- Increasing focus on metallocene catalyst-based pp production
Market Restraint:
- Regulations against phthalate-based catalysts in developed economies
- Development of cost-effective and hazard-free catalysts with improved properties
Key Insights in the report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the global polypropylene catalyst market
- Analyse and forecast the polypropylene catalyst market on the basis of manufacturing processes and type
- Trends of key regional and country-level markets for manufacturing processes and type
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
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