Press release

Polyolefin catalyst market in North America to carve out a profitable growth path over 2020-2026

Polyolefin catalyst market in North America to carve out a profitable growth path over 2020-2026

 

 
North America polyolefins catalyst market is projected to foresee considerable expansion due to the strong presence of market players and the immense crude oil reserves in the region. Major regional companies like The Dow, ExxonMobil, and LyondellBasell Industries are actively focusing on growing their respective polyolefin manufacturing capacity at a good rate, thereby pushing the polyolefin catalyst market growth.

The Europe polyolefins catalyst market share is being driven by the extensive demand for polyolefins catalysts from Eastern European nations owing to the presence of major polyolefin manufacturers in the region. In addition, stringent regulations and laws formulated by the EU (European Union) that promote the practice of recycling is also driving the product demand. European companies aim at sustainability and also encourage the use of eco-friendly materials thereby pushing the polyolefin catalyst adoption in the region.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2557

In addition to these developments, various regulatory initiatives to process and recycle excess plastic across the world should foster product demand. Taking November 2019 for instance, the government of India approved the construction of six new plastic parks in different locations across the country. Such new initiative are projected to bring in more opportunities for the polyolefin catalyst market over the near future.

Increasing usage of polypropylene (PP) across diverse application sectors like plastic parts, food packaging, reusable containers of several types, automotive components, loudspeakers, textiles, laboratory equipment, and polymer banknotes could propel polyolefin catalyst industry growth.
For the record, PP is a thermoplastic polymer that is derived from the polymerization of propylene.

Earlier in 2018, the segment had held a controlling share of polyolefin catalyst market. In fact, a study conducted by Global Market Insights, Inc., predicts that the PP segment may witness a CAGR of nearly 4.8% in terms of revenue over the coming years.

In-depth table of contents @ https://www.gminsights.com/toc/detail/compressor-oil-market

Foamed plastics, usually called expanded polymers and plastics, are generally used in day to day activities. Besides, plastic sheets based out of polyolefins could easily be used to manufacture three-dimensional packaging items.

In terms of application, the polyolefin catalyst market is mainly divided into blow molding, injection molding, fiber, and film. On the other hand, additional applications include foam, sheet, etc., which are anticipated to record steady growth, maintaining a CAGR of more than 4% over 2026.

The competitive landscape of the global polyolefin catalyst market is inclusive of players such as NOVA Chemicals Corporation, AGC Chemicals Inc., DORF-KETAL Chemicals India Private Limited, DuPont, Evonik Industries, Clariant AG, Mitsui Chemicals, INEOS Group, Idemitsu Kosan Co., and PQ corporation among others.

Browse More News:

https://www.globenewswire.com/news-release/2020/05/26/2039021/0/en/The-Ethoxylates-Market-is-anticipated-to-cross-14-billion-by-2026-Says-Global-Market-Insights-Inc.html

https://www.globenewswire.com/news-release/2019/10/21/1932369/0/en/trichlorosilane-market-revenue-to-exceed-usd-6-bn-by-2025-global-market-insights-inc.html

Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.


Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on woodPRI. woodPRI disclaims liability for any content contained in this release.

Recommend

Microencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market. Extensive research is required for choosing the appropriate cor...
Germany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
Securities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
Renewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
How Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020: Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
Corporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview: E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...