Global polypropylene catalysts market is estimated at $ 840 million in 2014 and projected to reach a market size of $1,123 billion in 2019 registering a CAGR of 5%-6% between the same periods – New research report available at RnRMarketresearch.com
DALLAS, March 27, 2015 /PRNewswire-iReach/ — Polypropylene catalysis involves the swift polymerization of olefins under mild conditions in the presence of transition metal compounds as catalysts. The first polypropylene catalyst that was manufactured was Ziegler-Natta catalysts. The process discovered by Karl Ziegler and Giulio Natta in 1955, was an industrially important and stimulating phenomenon. This enabled the companies to produce cost effective polypropylene at a faster rate. Gradually companies began to invest in developing advanced generations of Ziegler-Natta catalysts and other variations of Ziegler-Natta catalysts. Complete report is available at http://www.rnrmarketresearch.com/polypropylene-catalysts-market-by-type-ziegler-natta-metallocene-and-co-catalyst-systems-by-pp-manufacturing-process-solvent-bulk-slurry-and-gas-phase-global-trends-forecasts-to-2-market-report.html .
The global polypropylene catalyst market is projected to register a CAGR of 4%-5% between 2014 and 2019 in terms of volume. Among different polypropylene catalyst types, Ziegler-Natta occupied the highest market share in terms of value in 2014 with an approximate 80% market share. Metallocenes, also known as single site activated catalysts, are the fastest-growing type due to their ability to impart specific properties to polypropylene films. Metallocene based polypropylene sheets are likely to have features such as increased impact strength and toughness; better melt characteristics, because of the control over molecular structure; and improved clarity in films. One of the major drawbacks for metallocenes are that they are significantly expensive than ziegler-natta catalysts. Their early applications have been in specialty markets where value-added and higher priced polymers can compete. As the technology develops and catalyst costs decrease, metallocene-based polypropylenes are anticipated to compete in the plastics market.
The major players in the global polypropylene catalyst market include AkzoNobel N.V ( The Netherlands), BASF SE ( Germany), Clariant Ltd. ( France), E. I. du Pont de Nemours and Company(U.S.), Lyondell Basell Industries N.V.( Belgium), Mitsubishi Chemicals ( Japan), Nippon Petrochemicals ( Japan), Reliance Industries( India), Sinopec Limited( China), SABIC ( Saudi Arabia), Univation Technologies(U.S.) and XiangYang Chemical( China). Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=328725 .
Region-wise, North America and Europe are leading the global market. Growth in Asia-Pacific is the highest owing rising demand for polypropylene based plastics in the region. The growth is also aided by cheaper raw material prices. Due to the region’s favorable prospects, several companies like Univation (A joint venture between Exxon and Dow chemicals), Sud-Chemie, and Albemarle Inc. are expanding in Asian countries to benefit from the low-cost structures and growing local demand for polypropylene based plastics.
The report analyzes the global polypropylene catalyst market trends and forecasts till 2019. The market size has been provided in terms of market volume (tons) and value ($million). The report also identifies prominent players and provides analysis for each player in terms of company overview, financials, products & services offered recent developments, and company strategy. Priced at $4650 for a single user PDF, a discount on this research report can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=328725 .
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