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According to the latest report by IMARC Group, The global polyolefin catalyst market to grow at a CAGR of around 5% during 2021-2026.
SHERIDAN, WYOMING, UNITED STATES, April 10, 2022 /EINPresswire.com/ -- According to the latest report by IMARC Group “Polyolefin Catalyst Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, The global polyolefin catalyst market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026.
Polyolefin catalyst is a substance used to increase the rate of chemical reaction while synthesizing simple olefins. It is manufactured in solid and liquid forms by combining monomers via a chemical reaction between catalysts. It is extensively used in packaging trays, tubes, fibers, films, battery cases, household products, medical equipment, and injection molded products.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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The growing global population and improving income levels of individuals are positively influencing the demand for household commodities and plastic packaging products. This, in turn, is strengthening the growth of the market. In addition, the increasing utilization of personal protective equipment (PPE) by healthcare professionals to prevent the spread of coronavirus disease (COVID-19) is positively influencing the market. Moreover, governing agencies of numerous countries are implementing stringent regulations to reduce harmful emission levels during the production process. Besides this, the escalating demand for durable and lightweight materials in the automotive industry to manufacture vehicles with enhanced operational efficiency and minimal fuel consumption is offering lucrative growth opportunities to key players.
Ziegler-Natta Catalyst Single Site Catalyst Chromium Catalyst Others
Injection Molding Blow Molding Films Fibers Others
Breakup by End Use Industry:
Automobile Construction Healthcare Electronics Packaging Others
North America (United States, Canada) Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others) Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others) Latin America (Brazil, Mexico, Others) Middle East and Africa
Competitive Landscape with Key Player:
Albemarle Corporation Clariant AG Honeywell International Inc. INEOS Capital Limited Japan Polypropylene Corporation (Mitsubishi Chemical Corporation) LyondellBasell Industries N.V. Mitsui Chemicals Inc Nova Chemicals Corporation Sinopec Catalyst Co. Ltd. (China Petroleum & Chemical Corporation) Toho Titanium Co. Ltd. (JX Nippon Mining & Metals Corporation) W. R. Grace Company and Zeochem AG.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
IMARC Group 30 N Gould St Ste R Sheridan, WY 82801 USA – Wyoming Email: Sales@imarcgroup.com Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Elena Anderson IMARC Services Private Limited +1 6317911145 email us here
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