Market Leader - Polypropylene Catalyst Market
The global polypropylene catalyst market size is estimated to be USD 1.5 billion in 2020 and projected to reach USD 2.5 billion by 2025, at a CAGR of 9.9%. Polypropylene catalyst is used for optimizing the polymerization process of propylene. These catalysts are used for converting propylene to polypropylene. They are used to maintain the homogeneity and isotacticity of polypropylene produced during the process. The increasing number of polypropylene production plants is expectd to drive the market.
The leading players in the global polypropylene catalyst market includes LyondellBasell Industries (the Netherlands), W.R. Grace & Co. (US), Clariant (Switzerland), Evonik (Germany), INEOS (UK), Sumitomo Chemicals (Japan), China Petrochemical Corporation (China), Japan Polypropylene Corporation (Japan), Evonik (Germany), and TOHO Titanium (Japan), and Mitsui Chemicals (Japan).
To know about the assumptions considered for the study download the pdf brochure
LyondellBasell Industries (the Netherlands) is one of the largest manufacturers of plastics, chemicals, and refining products in the world. The company operates its business through its six business units, namely, Olefins & Polyolefins-Americas, Olefins & Polyolefins Europe, Asia & International, Intermediates & Derivatives, Refining, and Advanced Polymer Solutions and Technology. The company manufactures and markets polypropylene catalysts through its olefins & polyolefins-Americas, and olefins & polyolefins-Europe, and Asia & International business units. The company has 55 manufacturing sites in 17 countries and market reach in ~100 countries.
W.R. Grace (US) manufactures and sells specialty chemicals and specialty materials. The company operates through two business segments, namely, Catalyst Technologies and Materials Technologies. The Catalyst Technology segment offers catalysts, related products, and technologies used in petrochemicals, refining, and chemical manufacturing applications. The Material Technologies business segment includes specialty materials, such as silica-based and silica-alumina-based materials, which are used in coatings, consumer goods, industrial, and pharmaceutical applications. The company offers polypropylene catalysts through its Catalyst Technologies business segment.
- In July 2020, LyondellBasell Industries, one of the largest polyolefin technology license providers, announced that Quanzhou Grand Pacific Chemical Co. Ltd. (QGPC), a fully-owned Chinese subsidiary of Grand Pacific Petrochemical Corporation (GPPC) of Taiwan will use its Spheripol technology at a new polypropylene production facility. The new plant will produce 450 KTA of polypropylene, which will be built in Quanzhou, P.R. China.
- In September 2019, W.R. Grace has licensed its UNIPOL PP Process Technology to Bharat Petroleum Corporation Limited (BPCL). The technology will be used to produce 450 KTA of propylene at BPCL’s plant in Mumbai, India.
- In June 2020, Clariant launched the next-generation phthalate-free olefin polymerization catalysts PolyMax 600 Series. It was developed in partnership with McDermott’s Lummus Novolen Technology. The product has been developed to serve the growing demand for safer polypropylene solutions.
Related Reports:
Polypropylene Catalyst Market by Type (Ziegler Natta, Metallocene and Others), Manufacturing Process (Bulk Phase Process, Gas Phase Process and Others), Region-Global Forecast to 2025
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
SEND ME A FREE SAMPLE
