Global Amorphous Polyolefin Market: In-depth Evaluation on Growth, Share, Size and Trends Until the End of 2028

Posted on 2018-07-17 by Mark Hub in Chemicals // 0 Comments

ROCKVILLE, US, 2018-Jul-17 — /EPR Network/ — Amorphous Polyolefin are saturated, low molecular weight, propylene-based olefin polymers. Amorphous polyolefin are inherently tacky, soft and flexible, having broad compatibility with numerous polymers, elastomers and tackifying resins. Amorphous polyolefin are commonly used for adhesive applications (especially for the formulation of hot melt adhesives) and mostly suitable for nonpolar substrates, such as polyethylene and polypropylene. However, they are usually not recommended for polar surfaces. They have several beneficial characteristic properties, such as resistance to corrosion and moisture, chemical inertness and resistance to UV rays.

Owing to their aforementioned characteristic properties, amorphous polyolefin are also used in the manufacturing of protective coatings. The most common end use application of amorphous polyolefin is the automotive industry, where they are used as adhesives and protective coatings. Another prominent application of amorphous polyolefin is the packaging industry. Amorphous polyolefin are also used as a bitumen modifier as they improve UV stability, offer resistance to high temperatures, induce viscosity control and low temperature flexibility.

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Amorphous Polyolefin Market: Market Dynamics

The Amorphous polyolefin segment is expected to witness significant growth in near future owing to its increasing number of applications in various end-use industries. The growth of the automotive industry is expected to provide significant growth opportunities for the growth of the amorphous polyolefin market. Further, increasing investment in construction and infrastructural development across developed as well as developing countries is expected to be another factor paving way for the growth in demand for amorphous polyolefin for various applications, such as bitumen modifier, etc. Growing prominence of the packaging industry across the globe is expected to contribute tow the growth in demand in the amorphous polyolefin market during the forecast period.

Volatility in feedstock prices and fluctuations in supply of raw materials are the two factors that may act as prominent restraints in the amorphous polyolefin market. Amorphous polyolefin manufacturers most often prefer to enter into long -term contracts with the raw material suppliers to overcome the problem associated with the feedstock. Further, blending of amorphous polyolefin with tackifiers, resins and wax will provide lucrative growth opportunities in the amorphous polyolefin market as these improve the hot melt properties and process abilities of amorphous polyolefin.

Amorphous Polyolefin Market: Regional Outlook

The global amorphous polyolefin market, by region, is segmented into North America, Western Europe, Eastern Europe, South East Asia & Pacific (SEAPAC), China, Japan and MEA. North America dominated the global amorphous polyolefin market and will be followed by China and South East Asia & Pacific. China holds a significant share in the global amorphous polyolefin market and is expected to witness significant growth in demand for amorphous polyolefin in the coming years, owing to the growth in the manufacturing sector. South East Asia & Pacific regions are projected to be the fastest growing markets for amorphous polyolefin in near future.

The growth of amorphous polyolefin in the region can be attributed to favorable government initiatives, such as Make in India initiative launched by Indian government to promote domestic production, to promote the growth of the manufacturing sector. Western Europe and Eastern Europe amorphous polyolefin markets are expected to expand with average growth during the forecast period as these are relatively mature markets. Among niche market regions (Latin America and MEA), Latin America is expected to have positive outlook for the market in near future owing to recovery in economic conditions and increasing foregoing direct investment in the manufacturing sector in Mexico and Brazil.

Amorphous Polyolefin Market: Key Participants

Examples of some of the market participants operating in the global amorphous polyolefin market are:

Eastman Chemical Company
REXtac LLC
Evonik Industries
Liaoyang Liaohua Qida Chemicals Co., Ltd
LyondellBasell Industries N.V.
Mitsui Chemicals Inc.
TOPAS Advanced Polymers and Polyplastics
Univar group

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

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