Global Polymerization Catalysts Market, By Classification (Polyolefin Catalysts, Condensation Polymer Catalysts, Thermosetting Polymer Catalysts, Additional Polymer Catalysts), By Catalyst (Zeigler-Natta, Single-site, Chromium, Peroxide, Other Catalysts), By Region- Size, Share, Outlook, and Opportunity Analysis, 2022 – 2027.
Report ID : IR100539 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 149
Global Polymerization Catalysts Market, By Classification (Polyolefin Catalysts, Condensation Polymer Catalysts, Thermosetting Polymer Catalysts, Additional Polymer Catalysts), By Catalyst (Zeigler-Natta, Single-site, Chromium, Peroxide, Other Catalysts), By Region- Size, Share, Outlook, and Opportunity Analysis, 2022 – 2027.
Global Polymerization Catalysts Market
Global Polymerization Catalysts Market was valued at USD 3180 million in 2021 which expected to reach at USD 6690 at a CAGR 8.73% from 2022-2027.
Catalysts are defined as the chemical compound which are used to improve the rate of chemical reaction by lowering/raising the activation energy of the process. Polymerization Catalysts are the substances which tends to change & modify the rate of reaction. It includes Zeigler-Natta, Single-site, Chromium, Peroxide, Other Catalysts.
Market Drivers
The increase in production of polymer resins is primarily driving growth of the global polymerization catalyst market. For instance, in August 2018, Sinopec Maoming Petrochemical restarted its polyolefin unit in Guangdong, China, which has a capacity around 200,000 mt/year. Similarly, in Oct 2018, Lotte Chemical Titan Holding Bhd had launched its third polypropylene plantin Pasir Gudang, making the total polypropylene production capacity around 640 kilo metric ton per annum (KTA).
The rise in refinery market in Africa, the Middle East & Asia-Pacific could act as another prominent driver for the polyolefin catalyst market over the forecast period. Africa is a net importer of refined products, &its import requirements are projected to further increase. By 2021, in the Middle Eastern region, large refinery and condensate splitter projects are set to be completed in Iran, Iraq, Saudi Arabia, Kuwait, and the UAE, whereas Oman and Qatar will also add to their capacities, by providing a scope for raising the production of polymers, and hence, contributing to the increase in the utilization of polymerization catalysts.
Market Restraints
Strict rules and regulations on phthalate-based catalysts due to its toxicity is projected to hinder the market growth. For instance, the US EPA (Environmental Protection Agency) & the European Union’s REACH (Evaluation, Authorization, and Restriction of Chemicals) has identified phthalate catalysts as possible carcinogens.
Market Segmentation
The Global Polymerization Catalysts Market is segmented into classification such as Polyolefin Catalysts, Condensation Polymer Catalysts, Thermosetting Polymer Catalysts, Additional Polymer Catalysts. Further, market is segmented into catalysts Zeigler-Natta, Single-site, Chromium, Peroxide, Other Catalysts.
Regional Analysis
The Global Polymerization Catalysts Market is segmented into five segments such as North America, Latin America, Europe, Asia Pacific, Middle East & Africa.
APAC is expected to dominate the global polymerization catalyst market over the forecast period owing to the presence of strong economy like China. Further, North America is anticipated to gain significant growth over the forecast period due to the growing focus of key players in the region to increase production capacity of polymers.
Key Players
Clariant, China Petrochemical Corporation (Sinopec), Univation Technologies LLC (Dow), Toho, Titanium Co. Ltd, Sumitomo Chemical Co. Ltd, Honeywell International Inc., Lyondellbasell Industries Holdings BV, McDermott, Mitsui Chemicals Inc., Nova Chemicals Corporation, etc.
Market Taxonomy
By Classification
• Polyolefin Catalysts
• Condensation Polymer Catalysts
• Thermosetting Polymer Catalysts
• Additional Polymer Catalysts
By Catalyst
• Zeigler-Natta
• Single-site
• Chromium
• Peroxide
• Other Catalysts
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Polymerization Catalysts 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 Polymerization Catalysts 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 Polymerization Catalysts Market, By Classification
5.1 Y-o-Y Growth Comparison, By Classification
5.2 Global Polymerization Catalysts Market Share Analysis, By Classification
5.3 Global Polymerization Catalysts Market Size and Forecast, By Classification
5.3.1. Polyolefin Catalysts
5.3.2. Condensation Polymer Catalysts
5.3.3. Thermosetting Polymer Catalysts
5.3.4. Additional Polymer Catalysts
6 Global Polymerization Catalysts Market, By Catalyst
6.1 Y-o-Y Growth Comparison, By Catalyst
6.2 Global Polymerization Catalysts Market Share Analysis, By Catalyst
6.3 Global Polymerization Catalysts Market Size and Forecast, By Catalyst
6.3.1 Zeigler-Natta
6.3.2. Single-site
6.3.3. Chromium
6.3.4. Peroxide
6.3.5. Other Catalysts
7 Global Polymerization Catalysts Market, By Region
7.1 Global Polymerization Catalysts Market Share Analysis, By Region
7.2 Global Polymerization Catalysts Market Share Analysis, By Region
7.3 Global Polymerization Catalysts Market Size and Forecast, By Region
8 North America Polymerization Catalysts Market Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Polymerization Catalysts Market Share Analysis, By Classification
8.3 North America Polymerization Catalysts Market Size and Forecast, By Catalyst
8.5 North America Polymerization Catalysts Market Size and Forecast, By Country
8.5.1 U.S.
8.5.2 Canada
8.5.3 Mexico
9 Europe Polymerization Catalysts Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Polymerization Catalysts Market Share Analysis, By Classification
9.3 Europe Polymerization Catalysts Market Size and Forecast, By Catalyst
9.5 Europe Polymerization Catalysts Market Size and Forecast, By Country
9.5.1 Germany
9.5.2 France
9.5.3 UK
9.54. Rest of Europe
10 Asia Pacific Polymerization Catalysts Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia Pacific Polymerization Catalysts Market Share Analysis, By Classification
10.3 Asia Pacific Polymerization Catalysts Market Size and Forecast, By Catalyst
10.5 Asia Pacific Polymerization Catalysts Market Size and Forecast, By Country
10.5.1 China
10.5.2 Japan
10.5.3 India
10.5.4. Rest of Asia Pacific
11 Latin America Polymerization Catalysts Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Polymerization Catalysts Market Share Analysis, By Classification
11.3 Latin America Polymerization Catalysts Market Size and Forecast, By Catalyst
11.5 Latin America Polymerization Catalysts Market Size and Forecast, Country
11.5.1. Brazil
11.5.2. Rest of Latin America
12 Middle East Polymerization Catalysts Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Polymerization Catalysts Market Share Analysis, By Classification
12.3 Middle East Polymerization Catalysts Market Size and Forecast, By Catalyst
12.5 Middle East Polymerization Catalysts Market Size and Forecast, By Country
12.65.1. Saudi Arabia
12.5.2. UAE
12.5.3. Egypt
15.5.4. Kuwait
12.5.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Clariant
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. China Petrochemical Corporation (Sinopec)
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Univation Technologies LLC (Dow)
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Toho
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Titanium Co. Ltd
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Sumitomo Chemical Co. Ltd
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Honeywell International Inc
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Lyondellbasell Industries Holdings BV
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 McDermott
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Mitsui Chemicals Inc
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
14.11 Nova Chemicals Corporation
14.11.1 Overview
14.11.2 Offerings
14.11.3 Key Financials
14.11.4 Business Segment & Geographic Overview
14.11.5 Key Market Developments
14.11.6 Key Strategies