The development of tanks and containter industries owing to the rise in demand for consumers are propelling the market growth.
Market Size – USD 7,834.8 Million in 2020, Market Growth – CAGR of 4.70%, Market Trends – The advent of environment friendly chemicals.
The global Polyolefin Powders Market is forecast to reach USD 11.39 Billion by 2028, according to a new report by Reports and Data. Polyolefins are polymer molecules prepared using either free-radical, ionic initiators or metal oxides. These polymerization processes generate essentially linear high molecular weight polymers. They are used in every sector of life and are processed by every significant polymer processing technologies. Polyolefin powders are a thermoplastic powder which needs to be protected from oxidization, and growth of the market is based on its demand from various applications such as Rotomolding and Masterbatch, among others.
The properties as mentioned above collectively create scope for the market growth while factors such as unfavorable effects of polyolefin powders pose as restraints in the market. Environmental policies and laws safeguarding the life around will pose as a major restraint during the forecast period. The detrimental effect of these polymers on the marine food cycle shall also cause market growth to be stunted. Rapid advancements in the polyolefin powders market owing to innovative efforts have enhanced the efficiency of these chemicals and will, over time, make them more eco-friendly.
Key participants are Exxon Mobil, Lyondellbasell, Ineos Group Holdings S.A., Merck KGaA, Borealis AG, Eastman Chemical, Axalta Coating Systems, Mitsui Chemicals, SABIC, and Wacker Chemie, among others.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1965
Further key findings from the report suggest
- Polyethylene products held the largest market share of 36.6% in the year 2018. This genre offers excellent wrap resistance, high flexibility, cost-effectiveness, and consistent shrinkage. Stabilization additives are not required for PE powder to be thermally stable and have the ability to be molded by high-speed, high-temperature rotational molding methods without strong oxidation.
- Polypropylene, also known as polypropene, is a thermoplastic polymer used in a wide variety of applications. It is produced by polymerization from the monomer propylene. Application varies from consumer products, plastic parts for various industries including the automotive industry, special devices like living hinges, and textiles. They are forecasted to grow with the highest CAGR of 5.3% during the forecast period.
- Rotomolding is set to witness the highest CAGR of 5.3% during the forecast period. Rotomolding ensures that the edges are well enforced to resist structural damages from physical impacts and thus, guarantees a long life for the products manufactured.
- Toys, tanks & containers industry held the largest market share of 25.8% in the year 2018. This is due to the growing demand for polyolefin powders from the growing population of infants and the rise in requirement for long-lasting storage facilities.
- Asia Pacific is forecasted to observe the highest CAGR of 5.2% during the forecast period. Countries like India, China, and Japan are rapidly catching up with the growth in the automobile and paints market. Construction and container market is forecasted to shift from North America to Asia during the forecast period.
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/polyolefin-powders-market
For the purpose of this report, Reports and Data have segmented into the global Polyolefin Powders market on the basis of chemical type, application type, end-users, and region:
Chemical Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- Polyethylene
- Polypropylene
- EVA
- Others
Application Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- Rotomolding
- Masterbatch
- SMC
- BMC
- Dusting Agents
- Sintering Agents
- Others
End-Users Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- Toys, tanks & containers
- Automotive & Transportation
- Paints & Coatings
- Cosmetics
- Battery
- Building & construction
- Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- North America
- Europe
- Asia Pacific
- MEA
- Latin America
Request for Customization: @ https://www.reportsanddata.com/request-customization-form/1965
Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020 – 2028
Chapter 3. Indicative Metrics
Chapter 4. Polyolefin Powders Market Segmentation & Impact Analysis
4.1. Polyolefin Powders Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Strong demand from rotomolding applications
4.2.2.2. High Growth of End-Use Industries
4.2.3. Market restraints analysis
4.2.3.1. Volatility of raw material prices
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
Continue….
Explore Reports and Data’s Prime Analysis of the global Materials and Chemicals Industry:
Steel Cord Market Size, By Product , By Type, By Application , By Region, Forecasts To 2017-2027
Stainless Steel Forging Market Share By Product Type, By Process Type, By Application, By Region, Forecasts to 2017-2027
Bleaching Clay Market Demand, By Product, By Application, By End-User, By Distribution Channel, And Segment Forecasts, 2017-2027
Iron Ore Pellets Market By Type, By Technology, And By End-Use Industry, Forecasts To 2027
Bag On Valve (BOV) Products Market Size, By Product Type, By Container Type, And By Application, Forecasts To 2027
Thank you for reading our report. For customization inquiry or further information, please connect with us and we will ensure you get the report that meets your requirements.
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
Read Full Press Release: @ https://www.reportsanddata.com/press-release/global-polyolefin-powders-market
Browse More Related Reports-
Printed Textile Market Analysis
Nanofibers Market Business Opportunities
Flow Chemistry Market Key Players
Note: The Heraldkeepers News Department was not involved in the creation of this content.
If you have any problem with this press release? Contact the source provider Heraldkeepers.com, you can contact them here.
COMTEX_389894383/2758/2021-07-16T03:16:52
