Global Polyolefin Powder Market report has been accomplished by utilizing past authentic information, dissecting subjective experiences in detail, and indisputable projections about worldwide Global Polyolefin Powder Market measure. The projections appeared in this report are taken from recently settled research techniques and information.A range of key factors is analyzed in the report, which will help the purchaser in studying the Global Polyolefin Powder Market industry. Competitive landscape analysis is performed based on the trends, prime manufacturers, opportunities, marketing strategies analysis, market effect factor analysis and consumer needs by major regions, types, applications in global market considering the past, present and future state of the industry. The report involves the trends and methodologies of key players in the market. It likewise incorporates the itemized profiles for the Global Polyolefin Powder Market real makers and merchants who are affecting the market.
Market Analysis: Global Polyolefin Powder Market
Global Polyolefin Powders Market was valued at USD 7.50 Billion in 2017 and is projected to reach USD 9.47 Billion by 2025, at a CAGR of 5.5% in the forecast period of 2018 and 2025.
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Major Market Competitors/Players:
Some of the major players operating in the market are- Exxon Mobil Corporation, Merck KAaA, INEOS, Ineos Group Holdings S.A., Eastman Chemical Company, Axalta Coating Systems Mitsui Chemicals, Inc, Wacker Chemie AG, Lyondellbasell, Borealis AG, SABIC, Micro Powders, Rapid Coat, Rowak, Moretex Chemical, Schaetti, Abifor, Asahi Kasei, Dairen Chemical, Sumitomo Seika, Goonvean Fibres among others.
Polyolefin is a polymer molecule prepared by using either free-radical or ionic initiators or inorganic (metal oxide).These polymerization processes produce essentially linear high molecular weight thermoplastic polymers. Polyolefin are used in every sector of life and are processed by every significant polymer processing technology. Polyolefin powders are a thermoplastic powder and growth of the market is based on its demand from various applications such as Rotomolding and Masterbatch. The growing demand for polyolefin powders from the Rotomolding application in end-use industries such as toys, tanks & containers, and automotive & transportation, and Masterbatch applications for industries such as paints & coatings, cosmetics, and battery is expected to drive the market. However, the government regulations and economic slowdown are affecting market growth. Products based on plastics microbeads such as PE and PP are banned in most of the countries Europe and North America due to their effects on the environment and marine food cycle. Thus, this factor is restraining the growth of polyolefin powder market in these regions. Major Key players are focusing on the expansion of their product portfolio and to expand their customer base.
For instance, in 2016, LyondellBasell build high density Polyethylene Plant at La Porte, Texas, Comlex. This expansion will help the company to have feedstock advantage, easy to ship products around the globe.
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Major Market Drivers and Restraints:
- The growing demand for applications such as rotomolding and masterbatch in end-use industries
- High demand of polyolefin powders from emerging economies
- High growth of end-use industries
- Concerns regarding environmental impact of small plastic beads
The global polyolefin powder is segmented based on type, application, end user application and region.
- Based on type, the market is polyethylene powder, polypropylene powder, EVA powder and other polyolefin powder.
- Based on application, the market is classified rotomolding, masterbatch and other polyolefin powder
- On the basis of end user applications the market is classified -Toys, Tanks & Containers ,Automotive & Transportation, Paints & Coatings, Cosmetics, Battery ,Building & Construction and Others
- Based on geography the global polyolefin powder market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others
Table of Contents:
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
- North America
- South America
- Middle East & Africa
- Company Landscape
- Company Profiles
- Related Reports
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The global polyolefin powder market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of polyolefin powder market for global, Europe, North America, Asia Pacific and South America.
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