HOME Press Releases Polypropylene Catalyst Market worth 1.46 billion USD by 2022



Polypropylene Catalyst Market worth 1.46 billion USD by 2022


The report "Polypropylene Catalyst Market by Type (Ziegler-Natta, Metallocene), Manufacturing Process (Bulk Process, Gas Phase Process), Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Global Forecast to 2022", The market size for the polypropylene catalyst is projected to grow from an estimated USD 1.09 billion in 2017 to USD 1.46 billion by 2022, at a CAGR of 6.1% from 2017 to 2022. This growth can be attributed to the increasing demand for the PP catalyst owing to the growth in the production of PP and improvements in PP catalyst technology, which are expected to drive the market.

                       Request Sample             Request Sample            download pdf

Browse 83 market data Tables and 28 Figures spread through 96 Pages and in-depth TOC on "Polypropylene Catalyst Market by Type (Ziegler-Natta, Metallocene), Manufacturing Process (Bulk Process, Gas Phase Process), Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Global Forecast to 2022"
https://www.marketsandmarkets.com/Market-Reports/polypropylene-catalyst-market-127854064.html
Early buyers will receive 10% customization on reports.

Ziegler-Natta catalyst type is projected to lead the polypropylene catalyst market from 2017 to 2022

Ziegler-Natta is the most commonly used catalyst type for the manufacture of polypropylene, globally. The Ziegler-Natta catalyst provides excellent morphology control during polymerization. This catalyst has been commercially proven in polypropylene production lines including the major bulk and gas phase process. The Ziegler-Natta catalyst has propelled the growth of the PP industry by enabling the inexpensive and easily controlled production of polypropylene. Today, more than half of the total polypropylene produced worldwide uses the Ziegler-Natta catalyst type.

The gas phase manufacturing process of the polypropylene catalyst market is projected to grow at the highest CAGR between 2017 and 2022

The gas phase manufacturing process is projected to grow at the highest CAGR between 2017 and 2022. This process is similar to the bulk process as far as monomers are concerned. However, it differs from the conventional bulk process, as in this case, polymerization is carried out in propylene gas rather than in liquefied propylene. This process produces high-quality (99% isotactic) PP with minimal residual (atactic) PP. This phase does not require the manual removal of catalyst residues or atactic propylene. It is typically a third-generation manufacturing process.  Cost-effectiveness and high isotacticity of the polypropylene molecule are the key factors driving the market for the gas phase process.

The polypropylene catalyst market in the Asia Pacific is projected to grow at the highest CAGR between 2017 and 2022

The polypropylene catalyst market in the Asia Pacific is projected to grow at the highest CAGR between 2017 and 2022. China is the largest market for the polypropylene catalyst in the Asia Pacific. The ensuing increase in foreign investments and rise in the number of new manufacturing establishments are expected to witness the emergence of the Asia Pacific as a prime driver of growth of the polypropylene catalyst market.

Key companies profiled in this research report on the polypropylene catalyst market include LyondellBasell Industries (The Netherlands), Clariant (Switzerland), Mitsui Chemicals (Japan), W.R. Grace & Co., (US), and China Petrochemical (China)

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441

Search reports