The global structural core materials market has been segmented by product, skin type, end-use industry, and region.
On the basis of product, the market has been segmented into foam, balsa, and honeycomb. The honeycomb segment was the largest in 2017 and is expected to remain so during the forecast period. The foam segment is expected to be the second-largest market during the forecast period. The growing application of foam in wind turbine blades and the nacelles of aircraft and automobiles is expected to drive the growth of the foam segment.
On the basis of skin type, the market has been classified as glass fiber reinforced polymer (GFRP), carbon fiber reinforced polymer (CFRP), and natural fiber reinforced polymer (NFRP), and others. According to MRFR analysis, the CFRP segment is expected to hold the majority market share during the forecast period. The advanced properties of CFRP, such as tensile strength and thermal expansion, in comparison with glass and other fibers, account for the growth of the segment. On the basis of end-use industry, the aerospace industry was the largest in 2017 while the wind energy segment is expected to register the highest CAGR during the forecast period. Growing international trade, coupled with the burgeoning aerospace sector in emerging economies, is leading to a surge in demand for structural core materials.
Based on region, the market has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America was the leading regional structural core materials market in 2017. Factors such as the growing adoption of the product in the automobile and aerospace sectors are driving market growth. Asia-Pacific is expected to be the fastest-growing regional market during the forecast period. The shifting of automobile bases to the region, coupled with the increasing number of government initiatives for the generation of renewable energy, is further propelling market growth. The structural core materials market in Asia-Pacific is projected to grow at a CAGR of 6.5% during the forecast period.
Some of the key players in the global structural core materials market are Diab Group (Sweden), Hexcel Corporation (U.S.), Schweiter Technologies (Switzerland), Euro Composites (Luxembourg), Gurit Holding (Switzerland), The Gill Corporation (U.S.), Changzhou Tiansheng New Materials Co. Ltd. (China), Plascore Incorporated (U.S.), Armacell International (Luxembourg), and Evonik Industries (Germany).
Polypropylene catalysts are used to obtain different types of polypropylene based on stereospecificity, C-monomer distribution, and degree of linearity. The demand of high-grade polypropylene is increasing in the automotive industry due to the need of improved thickness, toughness, and other essential characteristics.
Polypropylene catalysts are categorized into Ziegler–Natta (ZN) catalyst, metallocene catalyst, and others. On the basis of product type, the Ziegler–Natta segment is expected to be the largest market during the forecast period due to the good morphology control and profitability offered by these types of catalysts. Metallocenes, are costly but they produce high-grade, stereospecific polypropylene and a highly defined microstructure. Owing to the relatively low cost and easy controlled production of polypropylene, the Ziegler-Natta segment is projected to be the largest and fastest-growing polypropylene catalyst market during the forecast period.
On the basis of manufacturing process, the global polypropylene catalyst market has been categorized as gas-phase process, bulk phase process, and others. The gas-phase process segment is projected to be the largest and fastest-growing market owing to the cost-effectiveness of the process and the purity of polypropylene produced with minimal residue..
By application, the global polypropylene catalyst market has been segmented into films, fibers, tubes, injection-molded products, and others. The injection-molded products segment is expected to be the largest during the forecast period as these products are widely used in vials and suture materials for surgery and in automotive interiors. Due to the growth of the medical and automotive industries, the injection-molded products segment is projected to be the largest market during the review period.
Based on end-use industry, the global polypropylene catalyst market has been segregated into automotive, packaging, medical, chemicals, and others. Automotive industry is expected to be the largest and fastest growing market during the forecast period owing to the profitability, and its resistance to aggressive chemicals and moisture. Polypropylene catalysts is largely used in the production of automotive components such as bumper facias, instrument panels, and door panels. Rapid industrialization and increasing demand for automobiles are the major drivers for the global polypropylene catalyst market.
The global polypropylene catalyst market has been segregated based on product type, manufacturing process, application, end-use industry, and region.
On the basis of product type, the global polypropylene catalyst market has been categorized as Ziegler-Natta catalyst, metallocene catalyst, and others.
Based on manufacturing process, the global polypropylene catalyst market has been divided into bulk process, gas-phase process, and others.
By application, the global polypropylene catalyst market has been classified as films, fibers, tubes, injection-molded products, and others.
Based on end-use industry, the global polypropylene catalyst market has been segmented into automotive, packaging, medical, chemicals, and others.
The global polypropylene catalyst market has been studied across five regions, namely, Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.
The global polypropylene catalyst market has been analyzed with respect to five regions—Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.
The North American polypropylene catalyst market is projected to be the largest during the forecast period owing to increasing product demand in the automotive industry. The US is expected to be the leading market in the region due to the presence of major polypropylene catalyst manufacturers such as Univation Technologies, LLC and W.R. Grace & Co.-Conn.
The market in Asia-Pacific is estimated to register the highest CAGR during the assessment period owing to the rising demand in end-use industries such as chemicals, packaging, automotive, and medical. Low labor costs, increasing per capita income, and easy raw material availability are the major drivers for the growth of the regional polypropylene catalyst market. China accounted for the largest market share in 2017 due to the increased production of automotive and medical equipment
The Latin American market is projected to witness sluggish growth owing to the limited demand for polypropylene catalysts. The market in the Middle East & Africa is expected to grow at a moderate pace in the coming years due to rising polypropylene production with Egypt accounting for the largest share of the regional market.
The key players in the global polypropylene catalyst market are LyondellBasell Industries Holdings BV (Netherlands), Clariant (Switzerland), Mitsui Chemicals, Inc. (Japan), China Petrochemical Corporation (China), Japan Polypropylene Corporation (Japan), Mitsubishi Chemical Corporation (Japan), Reliance Industries Limited (India), SABIC (Saudi Arabia), Univation Technologies, LLC (US), and W.R. Grace & Co.-Conn (US).
Nylon fibers belong to the synthetic polymers group known as polyamides. Market Research Future (MRFR) has published and released a research report on the global nylon fiber market that predicts growth for this market between 2016 and 2023. Observing the market structure, this report offers insights about factors affecting the market growth. Measuring the market size and foretelling the revenue, this reports covers and observes the competitive developments of market players that include joint ventures, government regulatory requirements relevant to market, mergers and acquisitions, market trends, new product developments, patents and technologies, research and developments (R&D), and strategic alliances.
The major factor supporting global market growth for nylon fiber is increased demand by end users. Another important factor in helping the market growth is increasing in demand in the application of nylon fibers in the automotive industry. However, the high competition from polyester, higher prices, lesser wrinkle resistance, and strict government regulations can obstruct the market growth.
The global nylon fiber market has been segmented into application, end users, type, and lastly, region. The application-based segmentation segments this market into air filtration, carpet, clothes, fishing, packaging, and others. As per end users, the market has been segmented into automotive, industrial, textile, and others. By type, the market segmentation covers nylon-4,6; nylon-6; nylon-6,6; nylon-6,9; nylon-6,10; nylon-6,12; nylon-11; nylon-12; and others.
The regional segmentation of the global nylon fiber market segments the global market into regional markets known as Asia Pacific, North America, Europe, and rest of the world (RoW). The Asia Pacific is the biggest regional market in terms of production and supply because it has a huge manufacturing industry for automobile and textile industry. In this region, the demand is growing in India, Japan, and Taiwan, because of which, these countries are robust markets. Another dominant country-specific market in this region is China, followed by the remaining countries of the Asia Pacific region.
North America is a significant regional market due to the presence of various established industries that demand nylon fiber for industrial use. In this region, the major country-specific markets are USA and Canada. During the forecast period, North America can become the largest regional market in terms of demand. Many key market players are based in North America, especially in the USA.
During the forecast period, the European market is expected to exhibit rapid growth in the overall demand for nylon fiber market because Europe has a strong presence of strong automotive industries in the region. In this region, the vital country-specific markets are France, Germany, Italy, the Netherlands, and the UK, followed by the remaining countries of Europe.
The RoW region covers South America and the Middle East & Africa (MEA). In South America, countries like Argentina and Brazil are the strongest economies that have the potential to be great regional markets. MEA region is a small market due to poor countries, low per capita income, lack of awareness, lack of education, lack of advanced technology, and limited production.
The key players in the global nylon fiber market include Ascend Performance Materials (USA), Aquafil S.P.A (Italy), E. I. du Pont de Nemours and Company(USA), Fiber Innovation Technology Inc.(USA), Sumitomo Chemical Co. Ltd.(Japan), Toray Industries Inc. (Japan), and UBE Industries Ltd. (Japan).
Latest Industry News
Houston-based textiles provider Ascend Performance Materials, is expanding its Greenwood County campus to bolster production of nylon polymer products. 18 DEC 2018
INVISTA’s CORDURA® brand has introduced its latest innovation in solution-dyed nylon (SDN) 6,6 fiber technology. They have launched it with their mill partner MMI Textiles who are a key supplier and a one-stop shop that supplies elastics, fabric, and webbing and in the textile marketplace for more than 21 years. 18 SEP 2018
The global primers market Trends was valued at around USD 19.8 billion in 2018 and is expected to register a CAGR of approximately 5.8% during the forecast period, 2019–2025
A primer is a preparatory coating put on materials before painting. Priming ensures better adhesion of paint to the surface, increases paint durability, and provides additional protection for the material being painted. The key drivers of primer market are the growing demand for high quality interior and exterior view and better shelf life of materials, walls etc. The market is anticipated to be driven by industries such as automotive, construction, industrial & marine coatings with Asia Pacific being the most influencing market.
Some of the prominent players in the global Primers Market Trends are BASF SE (Germany), Akzo Nobel NV (Netherlands), Asian Paints (India), Nippon Paint Holdings Co., Ltd (Japan), The Sherwin-Williams Company (US), PPG Industries Inc. (US), AXALTA (US), Valspar (US), Kansai Paint Co. Ltd (Japan), Jotun (Norway), Berger Paints India Limited (India), Hempel A/S (Denmark), RPM International Inc. (US), Masco Corporation (US), and Tikkurila OYJ (Finland).
Geographically, Asia-Pacific is expected to account for the largest share in the primer market. This growth is majorly attributed to the growing population which in turn has increased the need of vehicles, rapid construction & infrastructure development, increasing disposable income as well as urbanization. Also, the presence of global players has been fueling the demand of such primer in the APAC region. Europe and North America are the matured market for such construction primer and are expected to grow steadily over the forecast period.
According to the MRFR analysis, the Global Protective Coatings Market was valued at more than USD 17.22 billion in 2018 and is expected to reach over USD 24.55 billionby the end of 2025 at a CAGR of 5.2%.
A protective coating is a barrier of paint or powder coatings that are applied on a material surface to prohibit corrosion thus, helps in making the metal inert from environmental changes. Protective coatings are important as they help to extend the lifetime of the substrate. Protective coatings can act as a barrier, sacrificial surface or as an inhibitive to protect the underlying element from water, oxygen, chemicals to hinder corrosion.
The stringent standards and regulations for coatings used in automotive, building & construction and oil & gas industries are likely to propel the growth of the global protective market during the assessment period. For instance, the National Association of Corrosion Engineers– RP0188, for ‘Testing of Protective Coatings’, European Federation of Corrosion– EFC 20, for ’Organic & Inorganic Coatings for Corrosion Prevention’, American National Standards Institute– ANSI Z535.1, for ‘ Safety Color Code’, the European Paints Directive 2004/42/EC, for ‘the maximum amount of VOCs content’.
By Material Type
Acrylic: The largest segment with a share of around 42% in 2018 and the segment is expected to register the highest CAGR of 40% during the forecast period. These are resistant to water, chemicals, corrosion, and exhibit excellent color retention. In 2017, acrylic paints and coating market was valued around USD 57.04 billion. Moreover, in the same year, 51.1% of global acrylic resin was consumed in the paints & coatings industry in Asia-Pacific, which was sized around 10,503 KT.
Epoxy: The second-largest segment of the global protective coating market, holding 22% share in 2018, due to its unique properties such as easy handling and are resistant toward chemical and temperature.
Polyurethane: Polyurethane resin are used as binders in protective coatings, owing to its properties such as durability, abrasion resistance, toughness, and high gloss polyurethane resins are majorly used in applications such as marine & aircraft coatings, oil field equipment coatings, and wood coating.
Alkyd: Held a significant share of the global protective coating market. As a result, the resin being resistant towards humidity and abrasion they are a good choice for cabinets & furniture, kitchens, and bathrooms.
Polyester: Resins are UV-resistant and water permeable are mainly used as decorative coatings for ceramics, metals, and glass.
Others: The segment includes fluoropolymer and polyether ether ketone
By Product Type
Solvent-borne: The segment held the largest share of the Global Protective Coating Market in 2018, owing to its excellent resistance to corrosion. They are used as protective coatings, especially in the building & construction industry, however, the regulations for usage of VOCs in paints and coatings are expected to hinder the market growth.
Water-borne: It is expected to be the most opportunistic segment during the forecast period, as these coatings have low VOC content thus, making them a sustainable product and increasing their demand. However, these coatings are more susceptible to environmental changes such as temperature and humidity, compared to solvent-borne, which deems to hinder the segment’s growth.
Powder-based: Powder-based protective coatings are usually applied as a decorative and protective finish in metals owing to them being more resistant to fading, wearing, and scratching than other finishes. Power protective coatings are usually applied by spraying onto the surface of the substrate.
By End-Use Industry
Building & Construction: Held the largest market share of over 70% in 2018 and is expected to follow the same trend during the forecast period. They are mainly used in the architectural segment, as rust-resistant coatings in residential and non-residential purposes for coating metals, floors, woods, walls, and others. In 2017, the architectural segment, in paints & coatings was valued at around USD 78 billion.
Automotive: The segment held the second-largest share of the global protective coatings market, owing to their need in automobiles to protect the surface from abrasion, scratches, temperature changes, and water.
Oil & Gas: Owing to the constant contact of offshore machinery with seawater and prolonged exposure to UV rays leads to the need of protective coatings like non-skid coatings on decks, fire and heat resistant coating, and high-visibility colors, which thereby is expected to boost the market growth.
Aerospace & Defense: Uses protective coatings to prevent corrosion on the material surface at high altitudes due to changing environmental conditions such as humidity and temperature.
Power Generation: Require high-temperature resistant coating in cooling towers and turbines.
Marine: Water and chemical resistant coatings are required to prevent corrosion of ships and submarines surfaces.
Ethylidene norbornene (ENB) is manufactured from vinyl norbornene and is generally used in the production of ethylene propylene diene monomer (EPDM) rubber. The global demand for ethylidene norbornene has been increasing significantly since the past few years. The growth in the demand can be primarily attributed to the increasing demand for ethylene propylene diene monomer in the automotive and construction industries. The global market for ethylidene norbornene stood at about 70 kilotons in 2018 and is expected to expand with a CAGR of over 4% during the forecast period.
Based on grade, the global market has been segmented into industrial grade and aroma grade. The industrial grade segment is estimated to account for over ~95% of the global demand for ethylidene norbornene in terms tonnage and value, moreover, the segment is expected to be the fastest growing segment during the forecast period. Furthermore, an optimistic outlook for ethylene propylene diene monomer across the globe owing to the growth of the automotive and construction industries is expected to propel the demand for ethylidene norbornene.
Based on end-use industry, the global market has been segmented into automotive, construction, electrical & electronics, fragrance, and others. In 2018, the automotive segment accounted for the significant market share owing to the increasing demand for advanced heat and weather-resistant synthetic rubber for various applications. Likewise, the demand for ethylene propylene diene monomer in the construction industry for applications such as roofing membranes, door & window seals and others is further expected to propel the demand for ENB monomer during the forecast period.
Some of the key producers of ethylidene norbornene are JXTG Nippon Oil & Energy Corporation (Japan), INEOS Oxide (Belgium), The Dow Chemical Company, Exxon Mobil Corporation, and Uniroyal (Crompton).
Some of the suppliers of ethylidene norbornene across the globe are Ningbo Titan Unichem Co., Ltd. (China), The Dow Chemical Company, Uniroyal (Crompton), Exxon Mobil Corporation, Chemos GmbH, Crescent Chemical Company, Beyond Industries (China) Limited, Simagchem Corp, Hangzhou Dayangchem Co. Ltd, abcr GmbH, and Ningbo Yonghua Resin Co., Ltd, among others.
The global ethylidene norbornene market, by region, has been segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is expected to lead the global market followed by Europe and North America. The surge in automobile production, infrastructural activities, and growth of the construction industry are some of the prominent factors driving the demand for ethylidene norbornene across the globe. Latin America is expected to grow significantly during the forecast period. The Middle East & Africa is estimated to witness moderate growth during the forecast period.
The global battery additives market has been segmented on the basis of type, application, and region.
By type, the global battery additives market has been divided into conductive additive, porous additive, and nucleating additive. The conductive additive segment held the largest share of the global battery additives market in 2017, and was the fastest growing segment, due to its increasing use in the manufacturing of lead acid batteries.
Based on application, the global battery additives market has been classified into Li-ion batteries and lead-acid batteries. Among these, the lead-acid batteries segment held the largest share of the global, whereas the Li-ion batteries was the fastest growing segment in 2017. The growth is attributed to the increasing use of lead-acid batteries in the automotive and electronics industries. The growing interest in electronic appliances such as smartphones and other electronics appliances has resulted in an increase in the use of lead acid batteries. In addition, the growing use of lead-acid batteries in automobiles, for internal combustion of engines, lighting, and starting the vehicle, is uplifting the demand of Li-ion batteries. Thus, the increasing demand for lead-acid batteries is projected to fuel the growth of the global battery additives market during the review period.
By sub-application, the Li-ion batteries segment is further divided into portable devices, industrial applications, EVs, and others. The EVs segment held the largest share and also was recognized as the fastest growing sub-segment of Li-ion batteries in the global battery additives market in 2017. The use of EVs is increasing with increasing awareness regarding environmental safety. EVs are environmentally friendly owing to which their demand is increasing.
The global battery additives market has been analyzed across five regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The Asia-Pacific market accounted for largest share in the global battery additives market. While the North American held the second-largest share, owing to the increasing use of smartphones and EVs in the region. Europe is expected to witness high demand for Li-ion batteries, owing to its portable use and growing adoption in the manufacturing of smartphones. The Latin American market is expected to witness remarkable growth during the forecast period, due to the growing demand for lead acid batteries in the automotive industry in the region. However, the Middle East & Africa is projected to show sluggish growth during the review period.
Cabot Corporation (US), 3M (US), Imerys (France), Hammond (US), SGL Carbon (Germany), Borregaard (Norway), HOPAX (Taiwan), PENOX (Germany), ALTANA (Germany), and US Research Nanomaterials, Inc. (US) are some of the prominent players in the global battery additives market.
Polypropylene is on the major thermoplastic polymers, with major application in the packaging, automotive, and building & construction industries. However, the waste from the polypropylene products degrade gradually when disposed in the landfills and take approximately 20 to 30 years to decompose completely. This has caused a major environmental concern due to the toxic additives such as lead, and cadmium used during the formulation of the products. This has been leading to the increasing need for recycling the waste polypropylene and reuse it in the major end-use applications.
The global recycled polypropylene market has been categorized into process, source, end-use, and region.
On the basis of process, the global recycled polypropylene market has been segregated into mechanical and chemical. The mechanical recycling is a well-established technology for recycling polypropylene and is projected to be the leading process segment during the forecast period. This can be mainly attributed to the various advantages offered by the process, part of the resources consumed for the production of the plastic materials is not wasted during the mechanical recycling and cost competitiveness over chemical process.
By source, the global recycled polypropylene market has been divided into bottles, films, bags, foams, industrial and agricultural waste, and others. The bottles segment accounted for the largest share of the global market in 2017. This is mainly due to the increasing consumption of processed food and beverages, which is mainly provided through plastic bottles manufactured using polypropylene. Robust growth of the food & beverages industry globally due to the rising population is expected to drive the market growth in the coming years.
Based on application, the market is segmented into packaging, automotive, building & construction, textiles, medical, electronics, and others. The packaging is the leading application segment and is projected to grow at the highest CAGR during the review period, owing to the rising demand for recycled propylene in the food packaging applications. In addition, the industrial packaging sector is booming which is further expected to favor the market growth.
The global recycled polypropylene market has been segmented across five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The North American market held the largest share of the global market in 2017. The robust growth in plastic recycling technology and rising awareness regarding the impacts of plastic generated waste is driving growth of the regional market. Moreover, the strengthening environmental regulations pertaining to virgin plastic production has hampered the plastic production and hence fueled the demand for recycled plastic obtained from the waste. Furthermore, the rising automotive production based on recycled polymers in the region is driving the market growth.
Europe held the second-largest share of the market in 2017 on account of the regulatory environment regulations pertaining to the plastic wastes. The regional market in Asia-Pacific is expected to register the highest CAGR during the forecast period on account of the rapid growth of the packaging industry in the region.
The leading players in the global diisononyl phthalate market are MBA Polymers Inc. (Austria), Veolia Polymers NL B.V. (The Netherlands), SUEZ (France), KW Plastics (US), Jayplas (UK), B&B Plastics Inc. (US), Custom Polymers (US), Joe’s Plastic, Inc. (US), Ultra Poly Corporation (US), and PLASgran Ltd. (UK), among others.
Membranes are used for a wide range of gas separation applications including acid gas removal, hydrogen recovery, biogas treatment (upgrading), separation and production of various industrial gases such as nitrogen, oxygen, helium, and argon. In the recent times, removal or capturing of CO2 gas from flue gas or syngas using membrane separation technology is gaining popularity. A variety of membrane materials and processes have been developed for this application, including polymeric, organic, inorganic, and hybrid membranes. Polymeric membranes are widely used, owing to its relative low cost, easy installment, and good processability.
The global gas separation membrane market has been categorized on the basis of material type, application, end-use industry, and region.
By material type, the market has been segmented into porous inorganic, polymeric, microporous organic, hybrid, and others. The porous inorganic segment is further classified into metal, zeolite, ceramics, and alumina. The polymeric segment is further sub-divided into polyimide, cellulose acetate, and polysulfone. In 2017, the polymeric segment accounted for the largest share of the market for material type segment. This can be attributed to the largescale consumption of polyimides for CO2 separation membranes. Furthermore, this material exhibits good physical properties such as good mechanical strength, high thermal and chemical stability, and easy fabrication into a membrane.
On the basis of application, the global gas separation membrane market has been classified into industrial gases separation, CO2 removal, acid gases separation from natural gas, hydrogen recovery, hydrocarbons recovery, and others. The CO2 removal segment accounted for the largest share of the market in 2017. The major factors favoring growth of this segment are stringent government regulations to curb CO2 emissions and membrane technology being the most effective separation technique available for this purpose.
Based on end-use industry, the global gas separation membrane market has been categorized as chemical, oil & gas, electric power, food & beverages, and others. The electric power segment is projected to be the leading end-use industry segment during the forecast period.
The global gas separation membrane market has been studied with respect to five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific is expected to be the leading regional market during the forecast period. Increasing demand for CO2 trapping to control global warming and significant growth of the natural gas production in the region are estimated to be the key drivers of the market.
The leading players in the global gas separation membrane market are Membrane Technology and Research Inc (US), Ube Industries Ltd (Japan), Schlumberger Limited (US), Air Liquide Advanced Separation (US), Air Products and Chemicals Inc (US), Evonik Industries AG (Germany), SRI International (US), Honeywell International Inc (US), Generon IGS Inc. (US), DIC Corporation (Japan), and FUJIFILM Manufacturing Europe BV (the Netherlands)
The global polyethylene market, during the forecast period 2018 to 2025, will register growth at a CAGR of 5.82%. The market for polyethylene is set to reach US$1,83,724.4 million by 2025. As per market analysts, the global market is anticipated to witness growth owing to the factors such as significant contribution of agriculture sector as well as the rising demand for nozzles and drippers. However, the market will face challenges and restraints due to PE substitutes such as; polypropylene and the unstable prices of raw materials during the forecast period 2018 to 2025.
The increasing production of microtubes and emitting pipes in the market is set to play a key role in determining the growth potential during 2018 to 2025years. Analysts have also studied the market to understand potential threats and challenges the market companies could face. Although the market is poised to grow at a fast pace across type, end-users, and technology segments, factors such as substitutes like polyethylene terephthalate (PET) could slow down the market’s growth worldwide.
The polyethylene market has been segmented into type, end-users, and technology. Based on the segment which is type, the market is categorized on the basis of high-density polyethylene (HDPE)., low-density polyethylene (LDPE), and medium-density polyethylene (MDPE). The global polyethylene market for polyethylene is further segmented based on end-users into automotive, construction, electrical & electronics, household applications, packaging, and others. Furthermore, the market, on the basis of technology, is segmented into blow molding, includes films & sheets extrusion, injection molding, pipe extrusion, and others.
The global market research report covers all the aspects of the market based on the segmental analysis of these type, end-users, and technology segments. Analysts have also studied the global market’s regional markets spread across many continents and countries. The type, end-users, and technology segments along with their sub-segments have been analyzed and companies functioning in the market across these segments are profiled and analyzed based on input and feedback from market based decision makers as well as primary and secondary sources. The market research report presents analysis based information for companies functioning in the polyethylene market.
The availability of substitutes may hinder the polyethylene market growth. The market research report suggests that companies in the market could be supported by the accelerated manufacturing of toys as well as introduction of biodegradable polyethylene during the forecast period. The market is set to register growth at a high CAGR owing to these key factors. The polyethylene market is spread across North America, Europe, Asia-Pacific, and other parts of the world. The global market research report reveals that APAC, North America, and Europe regional markets will dominate the global market for polyethylene during the forecast period 2018 to 2025. As per market analysts, the market is set to witness tremendous growth across type, end-users, and technology segments in North America which covers markets across the United States, Canada, Mexico and several other regional markets. Companies active in the market are also analyzed and studied in the market research report.
The polyethylene market for Europe covers smaller market segments of Germany, Italy, France, and the United Kingdom. Additionally, the market research report covers the Asia-Pacific region covering markets from India, China, Japan, Australia, and others. The market is also spread across the rest of the world. The market report covers all such regions including the Middle East, Africa, Brazil, and others.
Polyethylene has seen increased demand over the years, due to development of bio-degradable polyethylene and growing demand across fashion apparel and sports goods. Companies functioning in the global polyethylene market are also being challenged due to the imposition of stringent rules & regulations and the growing environmental protection and health awareness. Mergers and acquisitions by market companies are anticipated to help the market during the forecast period 2018 to 2025. As the market is set to register a high CAGR of 5.82% and is also anticipated to reach a US$1,83,724.4 million by 2025, the report highlights key areas companies need to focus on. The report suggests that the market will see a healthy growth in the long run till 2025. Based on SWOT analysis and market’s analysis based on Porters’ Five Force Model presented in the polyethylene market report. Mergers and acquisitions by market companies are anticipated to help the market during the forecast period 2018 to 2025.
PreZero US Inc. has confirmed the completion of a deal in the Southern California recycling corporation to equity investments polyethylene film and bag manufacturers Roplast Industries Inc. headquartered in Oroville, California. The purchase of Roplast is the next phase in the aggressive development plan of PreZero. PreZero revealed its investments in plastics recycling plants on both shores in 2020 in the sum of more than $100 million. The facilities in Jurupa Valley, CA and Westminster, SC are now operative and are available. This state-of-the-art installations process LDPE, PP & HDPE resins in film and blended rigid plastic balls.