Nonchlorinated Polyolefins Market Size, Share, Growth, Trends, Demand, Industry Analysis, Key Player profile and Regional Outlook by 2023

06/dic/2019 11:26:20 Market Research Future Contatta l'autore

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Market Research Future Published a Half-Cooked Research Report on Nonchlorinated Polyolefins Market Research Report- Forecast to 2023

Market Definition:

Non-chlorinated polyolefin (N-CPO) products promote excellent adhesion in coatings for use on polypropylene plastic applications. N-CPOs are high weight molecular hydrocarbons, with a low linear density. They are non-toxic and non-contaminating.  They are primarily used as adhesion-promoting resins for coatings applications. N-CPOs find a huge demand from paints, coatings and adhesive industry to manufacture automotive coatings; automotive primers; plastics coatings; packaging coatings; inks; adhesives; OEM coatings.

Burgeoning construction and automotive industries are the major consumers of non-chlorinated polyolefin. Over the past few years, the packaging industry has become one of the prominent end-user sectors of N-CPOs, generating huge demand. Augmented demand across some prominent sectors is the key factor driving the market growth of Non-chlorinated polyolefin worldwide.

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Key Players:

The global nonchlorinated polyolefins market is led by some of the fervent players including, Exxon Mobil Corporation (US), Eastman Chemical Company (US), Nippon Paper Industries Co., Ltd. (Japan), Advanced Polymer, Inc. (US), Toyobo Co., Ltd. (Japan), S&E Specialty Polymers (US) and 3M (US). Profiling them in its analysis, MRFR finds out the strategies keep them at the forefront of the market competition. 

Industry/ Innovation /Related News:

July 07, 2018 – Eastman Chemical Company (US) announced a leading wholesale distributor of chemicals and allied products - Reschem Italia SpA, will be its new authorized distributor for amines including "Advantex" and "Vantex-T" neutralizing amines. Additionally, Reschem Italy is also entitled to distribute other Eastman products which include Eastman chlorinated & nonchlorinated polyolefins, Eastman Texanol ester alcohol, and cellulose esters among others.


Global Nonchlorinated Polyolefins Market   - Segments:

Global Nonchlorinated Polyolefins Market is segmented into four key dynamics for an easy grasp and enhanced understanding.

 

By Types                                              : Nonchlorinated Polyethylene, Nonchlorinated Polypropylene, and Nonchlorinated Polystyrene, among others.

By Applications                : Adhesives, Paints & Coatings, and Rubber, among others.

By End-Use Industries: Automotive, Packaging, Electrical, and Building & Construction, among others.

By Regions                                          : North America, Europe, APAC and Rest-of-the-World (RoW).

Browse key industry insights spread across 139 pages with 47market data tables & 13 figures & charts from the report, “Nonchlorinated Polyolefins Market Information- by Type (Nonchlorinated Polyethylene, Nonchlorinated Polypropylene, Nonchlorinated Polystyrene, and others), by Application (Adhesives, Plastic, Paints & Coatings, Rubber, and others), by End Use Industry (Packaging, Automotive, Electrical, Building & Construction, and others), and by Region - Forecast till 2023” in detail along with the table of contents @https://www.marketresearchfuture.com/reports/nonchlorinated-polyolefins-market-3626 

Global Nonchlorinated Polyolefins Market   - Regional Analysis:

The Asia Pacific is the dominating market for Nonchlorinated Polyolefins owning the largest market share. The region is expected to grow further by 2023 valuing at astronomical amounts. Attributing to the demand from the growing sectors such as adhesives, paints & coatings, and plastic & rubber making the region is witnessing spurting growth.

Burgeoning markets for automotive, packaging, electrical, and construction in some of the APAC countries such as India, Taiwan, Malaysia and China drive the market growth of the market, making these countries the key contributors to the market growth. Owing to the growing demand for lightweight plastic products in the automotive and electronics industry the region is experiencing rapid growth. The demand is expected to heighten further during the forecasted period.

North America market for nonchlorinated polyolefins is expected to register a notable CAGR during 2017 to 2023, following the APAC market closely. The market is primarily driven by automotive, electrical and other industries. Also, the huge demand of polymer plasticizers in construction industry along with the growing consumption of the product in packaging, and paint industry has placed the North-America market among the list of the largest competitors in the global nonchlorinated polyolefins market followed by Europe.

The world’s third largest market of nonchlorinated polyolefins, Europe is rapidly becoming one of the prominent markets owing to the large utilization of the product in the automotive, packaging, and construction industry. Simultaneously, Latin America and the Middle East regions observe a steady market growth due to the absorption of nonchlorinated polyolefins in the applications such as adhesives, plastic, paints & coatings, rubber, and others.

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