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Polypropylene Catalyst Market worth $2.5 billion by 2025, at a CAGR of 9.9%

Published: July 18, 2023
Author: TEXTILE VALUE CHAIN

The  report “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“,The global polypropylene catalyst market size is estimated to be USD 1.5 billion in 2020 and is projected to reach USD 2.5 billion, by 2025, at a CAGR of 9.9%. The growth of the market is attributed to the increasing production of polypropylene and growing R&D activities to develop new specialty polypropylene.

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•  154 Market data Tables
•  37 Figures
•  15Pages and in-depth TOC on “Polypropylene Catalyst Market – Global Forecast to 2025″

Some of the prominent key players are:

·      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)

·      TOHO Titanium (Japan)

·      Mitsui Chemicals (Japan)

Opportunities: Increased demand for protective masks due to the impact of COVID-19

Surgical and N95 masks are used to prevent the spread of respiratory infections. These are an essential part of the personal protective equipment (PPE) used by health care professionals and are also used by the common public. These masks are designed to trap droplets released from coughing and sneezing. The filtering property of the mask is due to the application of a multilayered structure made from non-woven fabric, most commonly, polypropylene. Owing to the rapid spread of the COVID–19, there has been a surge in demand for these types of masks, globally. This is expected to boost the production of polypropylene to be used in surgical and N95 masks, hence creating opportunities for polypropylene catalyst producers and suppliers to fulfill the growing demand.

Ziegler Natta segment is the largest catalyst type in the overall polypropylene catalyst market

The Ziegler Natta type segment is projected to be the largest between 2020 and 2025 due to its properties, such as to produce polypropylene that have long isotactic sequences, that results in high crystallinity of the products and also due to its lower cost than others.

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APAC accounted for the largest share in the polypropylene catalyst market

APAC is estimated to be the largest market for polypropylene catalyst . China is estimated to be the leading market for polypropylene catalyst in APAC. India, Japan, and South Korea are other major countries contributing to the growth of the polypropylene catalyst market in the region. The growing polypropylene demand from industries such as automotive, packaging and consumer electronics is leading countries in this region to increase their production capacities which will drive the market for polypropylene catalyst during the forecast period.

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