Global Amorphous Polyalphaolefin Market Size, Trends & Growth Opportunity, By Type (Homo-Polymer, and Co-Polymer), By Method (Spraying, Pumping, Roll Coating, Slot Die Coating, and Extrusion), and Large Enterprises), By End User (Paper & Packaging, Personal Hygiene, Book Binding, Wood Working, Product Assembly, and Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Report ID : IR100389 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 245
Global Amorphous Polyalphaolefin Market Size, Trends & Growth Opportunity, By Type (Homo-Polymer, and Co-Polymer), By Method (Spraying, Pumping, Roll Coating, Slot Die Coating, and Extrusion), and Large Enterprises), By End User (Paper & Packaging, Personal Hygiene, Book Binding, Wood Working, Product Assembly, and Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Amorphous Polyalphaolefin Market
Global Amorphous Polyalphaolefin Market was valued at USD 376.9 million in 2021 and is expected to reach USD 646.5 million by 2027, at a CAGR 9.35% from 2022-2027.
Amorphous Polyalphaolefin (APAO); also known as atactic poly alpha olefin is a commodity chemical used in various applications. They are synthesized by a catalyst system based on a Z-N supported catalyst and an alkyl aluminium co-catalyst. The polymerization process produces mostly amorphous polymers with low or less crystallinity. Crystallinity depends on the catalyst system and on the use of co-monomers.
Market Drivers
Rising demand for amorphous Polyalphaolefin in the packaging sector is the key driving factor which is expected to boost the global amorphous Polyalphaolefin market growth in future. Also, rising demand for personal hygiene products shall have a positive impact on market growth. Moreover, growing demand for lightweight vehicles and increasing pollution will lead to stringent policies which create demand for low-emission automobiles which is expected to drive the market growth in the forecast years 2027.
Market Restraints
Somehow, fluctuation in feedstock prices and high cost is the major challenging factor which is expected to hamper the global amorphous Polyalphaolefin market growth.
Market Segmentation
The Global Amorphous Polyalphaolefin Market is segmented into types, method, end user, and region.
Based on type, the co-polymer segment accounted for the largest share in the year 2021, contributing to more than half of the total share, and is expected to maintain its lead position throughout the forecast period.
Regional Analysis
Global Amorphous Polyalphaolefin Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region has emerged as the largest market in the Amorphous Polyalphaolefin (APAO) Market with the largest revenue share in 2021. Revenue growth in the North American region is mainly attributed to shale gas revolution in the USA, which has resulted in an abundant supply of raw materials. Thus, North America has been dominating in the amorphous polyalphaolefin market.
Key Players
Various key players are discussed in the Global Amorphous Polyalphaolefin Market Report including: Henkel KG, Eastman Chemical Company, REXtac, Bostik, H.B. Fuller, MENAKON, Evonik Industries, Liaoyang Liaohua Qida Chemicals, Arkema, A S Harrison & Co. Pty Limited, Soltex, and Others.
In November 2018, REXtac, LLC had stated that its new Amorphous Poly Alpha Olefin pilot plant, that is housed within its Odessa petrochemical manufacturing facility, was commissioned. The pilot plant consisted of a 200-gallon reactor capable of developing APAOs at a rate of 100 pounds p/hr continuously. For the manufacturing, the factory used a wide range of monomers & catalyst systems. REXtac's 100% olefin-based tackifier-free systems for the substitution of hydrogenated C5-C9, standard hydrogenated C5 & DCPD-based tackifiers in hot melt polyolefinic adhesives was developed at the plant.
Market Taxonomy
By Types
• Homo-Polymer
• Co-Polymer
By Method
• Spraying
• Pumping
• Roll Coating
• Slot Die Coating
• Extrusion
By End User
• Paper & Packaging
• Personal Hygiene
• Book Binding
• Wood Working
• Product Assembly
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Amorphous Polyalphaolefin Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Amorphous Polyalphaolefin Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Amorphous Polyalphaolefin Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Amorphous Polyalphaolefin Market Share Analysis, By Type
5.3 Global Amorphous Polyalphaolefin Market Size and Forecast, By Type
5.3.1 Homo-Polymer
5.3.2 Co-Polymer
6 Global Amorphous Polyalphaolefin Market, By Method
6.1 Y-o-Y Growth Comparison, By Method
6.2 Global Amorphous Polyalphaolefin Market Share Analysis, By Method
6.3 Global Amorphous Polyalphaolefin Market Size and Forecast, By Method
6.3.1 Spraying
6.3.2 Pumping
6.3.3 Roll Coating
6.3.4 Slot Die Coating
6.3.5 Extrusion
7 Global Amorphous Polyalphaolefin Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Amorphous Polyalphaolefin Market Share Analysis, By End User
7.3 Global Amorphous Polyalphaolefin Market Size and Forecast, By End User
7.3.1 Paper & Packaging
7.3.2 Personal Hygiene
7.3.3 Book Binding
7.3.4 Wood Working
7.3.5 Product Assembly
7.3.6 Others
8 Global Amorphous Polyalphaolefin Market, By Region
8.1 Global Amorphous Polyalphaolefin Market Share Analysis, By Region
8.2 Global Amorphous Polyalphaolefin Market Share Analysis, By Region
8.3 Global Amorphous Polyalphaolefin Market Size and Forecast, By Region
9 North America Amorphous Polyalphaolefin Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 North America Amorphous Polyalphaolefin Market Share Analysis, By Type
9.3 North America Amorphous Polyalphaolefin Market Size and Forecast, By Method
9.4 North America Amorphous Polyalphaolefin Market Size and Forecast, By End User
9.5 North America Amorphous Polyalphaolefin Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 EuropeAmorphous Polyalphaolefin Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Europe Amorphous Polyalphaolefin Market Share Analysis, By Type
10.3 Europe Amorphous Polyalphaolefin Market Size and Forecast, By Method
10.4 Europe Amorphous Polyalphaolefin Market Size and Forecast, By End User
10.5 Europe Amorphous Polyalphaolefin Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Amorphous Polyalphaolefin Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Asia Pacific Amorphous Polyalphaolefin Market Share Analysis, By Type
11.3 Asia Pacific Amorphous Polyalphaolefin Market Size and Forecast, By Method
11.4 Asia Pacific Amorphous Polyalphaolefin Market Size and Forecast, By End User
11.5 Asia Pacific Amorphous Polyalphaolefin Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Amorphous Polyalphaolefin Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Latin America Amorphous Polyalphaolefin Market Share Analysis, By Type
12.3 Latin America Amorphous Polyalphaolefin Market Size and Forecast, By Method
12.4 Latin America Amorphous Polyalphaolefin Market Size and Forecast, By End User
12.5 Latin America Amorphous Polyalphaolefin Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Amorphous Polyalphaolefin Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Middle East Amorphous Polyalphaolefin Market Share Analysis, By Type
13.3 Middle East Amorphous Polyalphaolefin Market Size and Forecast, By Method
13.4 Middle East Amorphous Polyalphaolefin Market Size and Forecast, By End User
13.5 Middle East Amorphous Polyalphaolefin Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Henkel KG
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Eastman Chemical Company
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 REXtac
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Bostik
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 H.B. Fuller
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 MENAKON
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Evonik Industries
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Liaoyang Liaohua Qida Chemicals
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Arkema
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Arkema
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies