Non-Chlorinated Polyolefins Market Segmented By type such as Non Chlorinated Polypropylene, Non Chlorinated Polystyrene and Non Chlorinated Polyethylene with application Paints and Coatings, Plastics, Adhesives, Rubber
Industry: Chemicals and Materials
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Report Type: Ongoing
Report ID: PMRREP32367
Non-chlorinated polyolefins are colorless compounds which provide higher chemical and temperature resistance as compared to its counterpart chlorinated polyolefins. Non-chlorinated polyolefins are generally used in a solvent based system as an additive or primer to enhance the adhesive property of various low surface energy substrates including polyethylene, polystyrene, polypropylene, polyethylene terephthalate and other substances.
Non-chlorinated polyolefins are used in the applications where chlorine results in the generation of hydrochloric acid due to the exposure of chemicals and high temperature. Non-chlorinated polyolefins further offers excellent performance under extreme environmental condition including exposure to gasoline, high humidity to paints and coatings used in buildings, automotive, coatings done to metal surfaces and plastic substrates used in the production of laminates.
Non-chlorinated polyolefins are widely used in production of rubber. Increasing application of rubber in automotive industry for tires in cars, bus, trucks along with growing trend of using bi-cycles is expected to benefit the global market of non-chlorinated polyolefins to a significant extent in the coming years.
Increasing use of paints and coatings in several end use sectors such as constructions, in automotive and many others is anticipated to spur the demand for non-chlorinated polyolefins during the forecast period as non-chlorinated polyolefins are preferred in the manufacturing of paints and coatings to provide good adhesion properties to paints and coatings.
Furthermore, demand of adhesives are expected to witness a significant growth over the assessment period which will ultimately boosting of non-chlorinated polyolefins in near future.
Increasing use of laminates in furniture, walls, ceilings, for surfacing cabinets and others are projected to bolster the demand of non-chlorinated polyolefins in the coming years owing to the use of the compound to enhance the surface properties of laminates.
With the availability of certain substitutes, non-chlorinated polyolefins can be hampered limited extent. Moreover, the safety standard regulations of authorities and norms of the governments related to the hazards generated from synthetic chemicals play an important role in restricting the market growth of non-chlorinated polyolefins, where its controlled production and utilization is projected to impact the overall rate of consumption of the compound.
The ongoing pandemic of Covid-19 has immensely impacted the economic condition all over the globe due to the severe lockdowns across several regions which has resulted in the disruption in the supply chain network. Owing to this, the industrial as well as commercial activities were negatively impacted.
Further, due to reduced demand from the consumers has resulted in decline in growth of the end use industries which has intensely impacted the manufacturing sector including the chemical sector. Same trend has been witnessed by the global non-chlorinated polyolefins market.
Decline in the demand of plastic, rubber, adhesives and other materials in several end use industries including packaging, building and construction, automotive amongst others has decreased the demand of non-chlorinated polyolefins and the market is projected to witness tepid rate in the year 2020.
However, the regional governments have taken initiatives to recover the economic growth and to enhance the performance of the industry which are worsely impacted due to the pandemic and is expected to boost the non-chlorinated polyolefins market to get the desirable growth in the upcoming 2-3 quarters of the year 2021.
The global diverse market of Non-chlorinated polyolefins can be segmented into three major categories, by type, by application and by end use industry;
On the basis of type, the global Non-chlorinated polyolefins market can be subdivided as:
On the basis of application, the Non-chlorinated polyolefins global market can be segmented as:
On the basis of end use industry, the global Non-chlorinated polyolefins market can be segmented as:
Growing building and construction industry all over the globe is anticipated to boost the market of non-chlorinated polyolefins as they are used in the manufacturing of paints & coatings and also used in the production of adhesives.
Paints & Coatings are used by every residential and commercial buildings and also in large infrastructural projects. Further, increasing use of furniture in the residential and commercial buildings will benefit the market of non-chlorinated polyolefins
East Asia is anticipated to remain the dominating region all over the globe in the market of non-chlorinated polyolefins during the forecast period on the back of tremendous growth of plastic, rubber, adhesives and many other industries.
East Asia dominancy is contributed by China’s enormous growth rate in the chemical industries in the past decade, furthermore the growth rate of the end use industries including construction, automotive in the region is expected to grow with a significant rate in the coming years which is expected boost the non-chlorinated polyolefins market in this region.
North America non-chlorinated polyolefins market is also anticipated to grow with a considerable growth rate over the assessment period owing to growing end use industries including automobile, construction sector, and electrical and electronics along with a fair share of the tier-1 market participants.
With the growing end use industries like automotive, electrical and electronics and applications like paints and coatings and adhesives Europe’s market of non-chlorinated polyolefins is estimated to grow with a moderate growth rate. Since the region has observed stringent government norms regarding several chemicals such as plastic, non-chlorinated polyolefins growth is expected to remain moderate in Europe.
Latin America is also expected to witness a considerable growth in the non-chlorinated polyolefins market in the coming years owing to the rise of several application segments including plastic, paints & coatings, and automobiles amongst others in the emerging economies such as Brazil.
Despite of having a tremendous growth in the construction sector in certain countries of Middle East, the region is estimated to show a moderate growth in non-chlorinated polyolefins market during the forecast period owing to limited growth in the overall end use industries.
Global non-polyolefins market is driven by developing countries such as China, India and Brazil. China is major manufacturers of electrical and electronics and the major net exporter of commodity products which is expected to drive the demand for packaging industry and thereby, is anticipated to bolster the demand for non-chlorinated polyolefins in the country.
Furthermore, shift of European automotive industry to developing Asian countries such as China is expected to impact positively on the non-chlorinated market in the Country. Non-chlorinated polyolefins have certain benefits over chlorinated polyolefins which is expected to the driving factor for the market across the globe.
List of some of the prominent market participants in the global Non-chlorinated polyolefins business, identified across the value chain include:
The research report on the non-chlorinated polyolefins global market presents detail evaluation which consist of thoughtful insights, historical data and forecasted values along with facts and figures, statistically supported and industrial validated market information.
The non-chlorinated polyolefins market report also consist of projections using a suitable sets of assumptions and methodologies. The report further provides analysis and information according to market segments such as geography, type, applications and end use industry.
The global non-chlorinated polyolefins market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on non-chlorinated polyolefins market segments and geographies.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
To know more about delivery timeline for this report Contact Sales
