Polypropylene Catalyst Market

SKU: DMCH653 | Last Updated On: Sep 26 2022 | Available Formats

> Global Polypropylene Catalyst Market Expected to reach a high CAGR of 8.3% By 2029: DataM Intelligence

Global Polypropylene Catalyst Market is segmented by Type (Ziegler-Natta, Metallocene), by Manufacturing Process (Bulk Process, Gas Phase Process), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis,2022-2029

 

Market Overview

[195 Pages Report] The Global "Polypropylene Catalyst Market" is expected to grow at a high CAGR of 8.3% during the forecasting period (2022-2029).

  • Polyolefins have grown to become one of the biggest of all produced polymers. Polypropylene is used in many different applications from food packaging to polymer banknotes.

  • Catalysts play an essential role in the polymerization of propylene to polypropylene. The enzyme influences the productivity and economics of the process and determines certain properties of the polymer.

  • Catalysts enable Polypropylene producers to manufacture their entire product range without cumbersome catalyst changes.

  • These catalysts allow a high degree of tailoring of molecular structure, which enables suppliers to optimize a resin’s physical properties and processability. Catalyst components used for various polypropylene polymers are heavily dependent upon the licensing process in use.

Metrics

Details

Market CAGR

8.3%

Segments Covered

By Type, By Manufacturing Process, And By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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Market Dynamics

  • A process-optimized catalyst activity level, in combination with excellent isotacticity control, ensures globally competitive operational costs while maintaining full flexibility of the process to make Polypropylene products for diverse application properties.

  • Hence, a Catalyst is highly required during polypropylene polymer production.

  • The polypropylene Catalyst market primarily depends on the demand for polypropylene. Polypropylene is a preferred polymer for many end segment industries such as packaging, automotive, consumer goods, electrical & electronics, etc.

  • Polypropylene does not contain Bisphenol A (BPA) Polypropylene is a good option for food and drink packaging. The growing Food & Beverage Industry is contributing to the demand for Polypropylene in the Asia region which is fueling the demand for Polypropylene Catalysts.

  • The growing Automotive sector is increasing demand for polypropylene. Increasing demand from end-user industries for polypropylene will drive the market for Polypropylene Catalysts.

  • Innovations in Single-site catalysts like Metallocenes have also contributed to the growth of the market.

Market Segmentation

  • Polypropylene Catalyst Market is segmented by Type and manufacturing process. High-activity Ziegler-Natta catalysts have increased the productivity of the process and eliminated the need for catalyst removal from the polypropylene and reduced the production costs. The Ziegler-Natta segment dominated the market.

  • New metallocene catalysts open the possibility to synthesize polymers with highly defined microstructure, tacticity, and stereoregularity, as well as long-chain branched, or blocky copolymers with excellent properties. Metallocene catalysts have provided the opportunity to produce on-purpose syndiotactic and atactic polypropylene. Therefore the metallocene segment is expected to be the fastest-growing segment.

  • By manufacturing process, the market is segmented into the Bulk process and gas-phase processes. Spheripol® which is the most widely used process along with Borstar® falls into the Bulk process category. Unipol™ PP, Novolen®, Innovene™ PP, and Horizonte PP are the major gas-phase processes for polypropylene. The gas-phase process has an exceptional cost/performance ratio due to which the Gas-phase process is expected to grow at the fastest rate.

Geographical Share

  • By region, the Global Polypropylene Catalyst market is segmented into North America, South America, Asia-pacific, Europe, and the Rest of the world. Asia-pacific accounted for a significant share of the market due to massive polymer production in the region. China produced 20.2 million tons of polypropylene whereas the remaining Asia region produced 18.7 million polypropylene.

  • Due to increasing demand for flexible packaging, rigid packaging, consumer products, and the growing automotive sector Asia-pacific is expected to be the fastest-growing region for the Polypropylene Catalyst market. Europe accounted for the second largest share of the market due to 11 million tons of polypropylene production in 2016. North America produced 8.6 million tons of polypropylene in 2016.

Competitive Analysis

  • Some of the major players in the Global Polypropylene Catalyst Market are China Petrochemical Corporation, Clariant, Mitsui Chemicals, Ineos, LyondellBasell Industries, AkzoNobel, Sumitomo Chemicals, W.R. Grace & Co., Japan Polypropylene Corporation, and Toho Titanium.

  • In Sept 2018, W. R. Grace & Co. the leading independent supplier of polyolefin catalyst technology and polypropylene (PP) process technology, licensed its UNIPOL® PP Process Technology to Sidi Kerir Petrochemicals Co. Located in Alexandria, Egypt

Trending Topics

Automotive Catalyst Market

Polypropylene Battery Separator Market

Catalyst Handling Services Market 

FAQ

What is the Growth Rate of the Polypropylene Catalyst Market?

Grow at a high CAGR of 8.3% during the forecasting period (2022-2029).

Which Companies Are Included in the Polypropylene Catalyst Market?

AkkoNobel, Ineos, Japan Polypropylene Corporation, T. R. Grace& Co., China and tiawan Petrochemical Corporation and Toho Ti.

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