The global polypropylene catalyst market has been studied for five key regions, namely, Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.
In 2017, the North American market accounted for the largest market share of around 40% owing to the surging demand for specialty high-grade polypropylene with enhanced thickness and toughness in the automotive industry. Polypropylene is used in packaging films and carpet yarn, which is expected to further fuel the regional market growth during the forecast period. The US is projected to be the leading producer of polypropylene catalysts in the region owing to the presence of prominent market players such as Univation Technologies, LLC and W.R. Grace & Co.-Conn.
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The European market for polypropylene catalysts is projected to witness significant growth during the forecast period due to increased application in the automotive, medical, and packaging industries. LyondellBasell Industries Holdings BV is among the leading players in the global polypropylene catalyst market. In February 2018, the company launched a new polymer named Moplen HE745T with high flow and impact resistance for houseware and packaging applications. Germany is expected to be the largest market for polypropylene catalysts during the assessment period. The other major contributors to the regional market are Spain and France.
The polypropylene catalyst market in Asia-Pacific accounted for a significant market share in 2017 and is projected to grow at the highest CAGR during the forecast period due to the rising demand for chemicals and automobiles in the region. A significant consumer base, urbanization, low labor costs, and rising per capita expenditure are expected to propel the growth of the regional market. On 16 April 2015, Japan Polypropylene Corporation launched metallocene catalysts to produce high-grade and stereospecific polypropylene with an excellent balance of product flexibility and heat resistance. The Indian market is expected to register a high CAGR during the forecast period due to the rising demand for automobiles.
The Latin American market is likely to witness slow growth due to the limited demand for polypropylene catalysts. Rising product demand in packaging, films, and fibers applications in Brazil, Mexico, and Argentina is projected to play a significant role in the growth of the regional market.
The market in the Middle East & Africa is expected to showcase steady growth during the forecast period owing to the surging demand for polypropylene in the chemicals industry.
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- LyondellBasell Industries Holdings BV
- Mitsui Chemicals, Inc.
- China Petrochemical Corporation
- Japan Polypropylene Corporation
- Mitsubishi Chemical Corporation
- Reliance Industries Limited
- Univation Technologies, LLC
- W.R. Grace & Co.-Conn.
The global polypropylene catalyst market has been segmented based on product type, manufacturing process, application, end-use industry, and region.
On the basis of product type, the global polypropylene catalyst market has been classified as Ziegler-Natta catalyst, metallocene catalyst, and others.
By manufacturing process, the global polypropylene catalyst market has been categorized as bulk process, gas-phase process, and others.
Based on application, the global polypropylene catalyst market has been segregated based on segregated into films, fibers, tubes, injection-molded products, and others.
On the basis of end-use industry, the global polypropylene catalyst market has been divided into automotive, packaging, optical, medical, chemical, and others.
The global polypropylene catalyst market has been analyzed across five key regions, namely, Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.
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