Polymerization Catalysts Market - Industry Analysis, Size, Share, Forecast 2016 - 2024

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Polymerization Catalysts Market Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2016 2024
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“Polymerization Catalysts Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 2024” This report likewise incorporates more illumination about fundamental review of the business including definitions,
requisitions and worldwide business sector industry structure.
Substances that modify and increase the rate of a reaction without being consumed in the polymerization process are known as
polymerization catalysts. Polymerization catalysts include Ziegler–Natta catalyst, single-site catalyst, metallocene catalysts, and
reaction initiator catalysts. These catalysts usually do not have well defined molecular structures. Metallocene catalysts help in
refining and designing the structure of polymers. Metallocene catalysts offer characteristics such as improved clarity in film,
high impact strength and toughness, and better melt characteristics on account of the control over molecular structure.
Transition metals such as titanium and zirconium are also used as polymerization catalysts. Polymerization catalysts are usually
made up of zeolites, metals (base metals and precious metals), enzymes, organometallic materials, and chemical compounds
(peroxides, acids, amines, etc.) among others. Certain end-user industries such as packaging, building & construction, electrical
& electronics, household goods, automobiles, and sports goods are utilizing polymerization catalysts in their manufacturing
processes.
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Increase in the production of polymer resins is a major factor driving the growth of the polymerization catalysts market.
Extensive research and development is being carried out in order to reduce cost and improve the quality of polymerization
catalysts. This is expected to act as an opportunity during the forecast period. Manufacturers are focusing on backward
integration. This is anticipated to boost the supply of polymerization catalysts till 2023. However, challenges faced by the
polymerization catalysts industry include volatility in prices of raw materials of precious metals and high manufacturing costs.
This is projected to hamper the polymerization catalysts market during the forecast period.
The polymerization catalysts market can be segmented based on its application in the manufacturing of polystyrene,
polyethylene, polypropylene, polyvinyl chloride, and polyethylene terephthalate. Polyolefin catalysts account for more than half
of the total polymerization market; however, their consumption is nearly flat due to the use of high-efficiency catalysts for bulk
processes. The Asia Pacific region controlled the market for polymerization catalysts, followed by North America and Europe, in
2014. Asia and the Middle East are anticipated to witness rapid growth in the polymerization catalysts market due to expansion
of the refining, polymer, and chemicals industries in China and India. Increase in output of the petrochemicals market in Asia
and Middle East & Africa has led to higher catalyst consumption; hence, it is likely to drive the polymerization catalysts market
during the next few years. Factors such as rising income levels, increased industrial activity, and vehicle ownership rates in
emerging economies also contribute to strong growth in demand for catalysts. Plastic products are likely to continue to replace
other materials in a variety of applications. This is expected to boost the consumption of Ziegler-Natta and single-site catalysts
during the forecast period. North America is anticipated to witness healthy growth rate largely due to the recovery in chemical
and polymer production in the next few years. In the Middle East, large natural gas and oil producers (including those in GCC)
continue the efforts to diversify and expand their product portfolios by investing in the building of new petroleum refining and
chemical capacity. Demand for polypropylene catalysts is expected to be significant in single-site and advanced metallocene
catalysts. Demand for specified polypropylene is shifting the focus of manufacturers toward metallocene catalysts.
Key manufacturers in the polymerization catalysts market include Univation Inc. (a joint venture between Exxon Chemical and
Dow Plastics), Lyondell Basel, BASF SE, Nova Chemicals Corporation, Bayer, Johnson Matthey Inc., Kbr Inc., Clariant International
Ltd., UOP LLC, Akzo Nobel NV, and W. R. Grace and Company.
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The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by
tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely
scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but
not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.
The study is a source of reliable data on:
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Key market segments and sub-segments
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Evolving market trends and dynamics
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Changing supply and demand scenarios
•
Quantifying market opportunities through market sizing and market forecasting
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Tracking current trends/opportunities/challenges
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Competitive insights
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Opportunity mapping in terms of technological breakthroughs
The regional analysis covers:
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North America (U.S. and Canada)
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Latin America (Mexico, Brazil, Peru, Chile, and others)
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Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
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Eastern Europe (Poland, Russia)
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Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
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Middle East and Africa (GCC, Southern Africa, North Africa)
TMR estimates the market size of various sectors using a combination of available data on the number and revenue of
companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for
a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the
economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More
than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a
base year and then forecast growth within each market.
TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within
each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global
market place. All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted
via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and realtime calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are
interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and
the scope of activity within their organizations.
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