Nonchlorinated Polyolefins Market Research Report- Forecast to 2030

Nonchlorinated Polyolefins Market Information- by Type (Nonchlorinated Polyethylene, Nonchlorinated Polypropylene, Nonchlorinated Polystyrene, and others), by Application (Adhesives, Plastic, Paints & Coatings, Rubber, and others), by End Use Industry (Packaging, Automotive, Electrical, Building & Construction, and others), and by Region - Forecast till 2030

ID: MRFR/CnM/2437-HCR | January 2023 | Region: Global | 145 Pages         

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Nonchlorinated Polyolefins Market

Nonchlorinated Polyolefins Market is projected to be worth USD 4.2 Billion by 2030, registering a CAGR of 5.4% during the forecast period (2021 - 2030).

Segmentation
By Type Nonchlorinated Polyethylene Nonchlorinated Polypropylene Nonchlorinated Polystyrene Others
By Application Adhesives Plastic Paints & Coatings Rubber Others
By End Use Industry Packaging Automotive Electrical Building & Construction Others
Key Players
Companies Profiled   Eastman Chemical Company (US)   Exxon Mobil Corporation (US)   NIPPON PAPER INDUSTRIES CO.LTD.   TOYOBO CO. LTD.   Advanced Polymer Inc. (US)   3M (US)
Drivers
Market Driving Forces   Nonchlorinated Polyolefins Market is driven by automotive electrical and other industries.
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Nonchlorinated Polyolefins Market Overview


Nonchlorinated Polyolefins Market is projected to be worth USD 4.2 Billion by 2030, registering a CAGR of 5.4% during the forecast period (2021 - 2030). Polyolefins are chemical compounds that look transparent or colourless. Due to no colour nature, these liquids come with high-temperature resistance. Some solvents are used in adhesive and addictive substances. There are low energy components such as Polyethylene, Polystyrene, Polypropylene and other important substances. There is a wide range of applications for this chemical.


Especially, this chemical is associated with chemicals such as chlorine. When combined with chlorine that can also produce hydrochloric acid. Some of the crucial applications of these liquids are in coatings, gasoline, paintings, automotive and other metal substances. The use of this material is widely growing in the production of rubber. Also, the rising use of Nonchlorinated Polyolefins in the construction market is contributing to higher market growth.


Demand from the adhesives industry is another crucial driver of the market. The use of lamination in declining walls requires the Polyfelins. These chemicals can increase the adhesive properties of the laminations. Furthermore, there are emerging economies such as Asia pacific that have the highest production of Polyolefins. Growing construction and packaging activities in this region will boost overall demand. All these are factors that will have a positive influence on the Nonchlorinated Polyolefins Market value. 


Global Nonchlorinated Polyolefins Market by Region (2020-2030)
Global Nonchlorinated Polyolefins Market by Region (2016-2023)

Source: MRFR Report

Regional Analysis:


Asia Pacific is the biggest market of nonchlorinated polyolefins due to huge demand of polymer plasticizers in construction industry, especially in China followed by India. Growing demand for packaging, construction, and paint industry in China, India, Japan, Taiwan, and South Korea has made Asia Pacific the largest competitor in the global nonchlorinated polyolefins market followed by North America coupled with the increasing demand for this product. In North America region, nonchlorinated polyolefins market is driven by automotive, electrical and other industries. In addition, the third largest market of nonchlorinated polyolefins is Europe due to large utilization in packaging, and construction industry. Moreover, Latin America and Middle East also observed in the growth of nonchlorinated polyolefins market due to various application such as adhesives, plastic, paints & coatings, rubber, and others.


Segmentation:


The global nonchlorinated polyolefins market is majorly segmented on the basis of types, application, end users and region. Based on types ofnonchlorinated polyolefins the market is segmented into nonchlorinated polyethylene, nonchlorinated polypropylene, nonchlorinated polystyrene, and others. Based on application of nonchlorinated polyolefins the market is segmented into adhesives, plastic, paints & coatings, rubber, and others. On the other hand, based on end user the market is segmented into packaging, automotive, electrical and building & construction among others. Based on region, market is segmented into North America, Europe, APAC, Latin America and Middle East & Africa.


Key Players:


Key players of the global nonchlorinated polyolefins market are Eastman Chemical Company (US), Exxon Mobil Corporation (US), NIPPON PAPER INDUSTRIES CO., LTD. (Japan), TOYOBO CO., LTD. (Japan), Advanced Polymer, Inc. (US), 3M (US) and S&E Specialty Polymers (US) among others.


Geographic Analysis:


The report covers brief analysis of geographical regions such as North America, Europe, APAC, and Latin America, Middle East & Africa.


Study Objectives of Nonchlorinated Polyolefins Market:



  • To provide detailed analysis of the market structure along with forecast for the next 7 years of various segments and sub-segments of the Global Nonchlorinated Polyolefins Market

  • To understand the supply and demand dynamics including supply and consumption concentration mapping

  • To provide region level market analysis and future outlook for region like North America, Europe, Asia, and Latin America, Middle East & Africa, and their countries

  • To provide competitor positioning of the market

  • To provide company profiling of major players in the market along with their production and capacity

  • To provide regional trade analysis

  • To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market


Recent Development

  • The construction of megacities is happening on a wide scale in Asia pacific. Especially. The Chinese key players are witnessing high demand for non-chlorinated Polyolefins. Due to the use of this chemical the construction activities will face enhancement. Also, the supply rate of the market will rise. 

  • Chinese key players are facing high demand from the electronics market. Consumer electronics such as OLED and tablets are rising in this region. Due to this the need for Polyolefins is also increasing. All these are expected to grow the production rate of the market. 


Intended Audience:



  • Nonchlorinated polyolefins manufacturers

  • Traders and distributors of Nonchlorinated Polyolefins

  • Production Process industries

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory


The report about Global Nonchlorinated Polyolefins Market by Market Research Future comprises of extensive primary research along with detailed analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain deeper insights of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report further provides detail information about strategies used by top key players in the industry. It also gives a broad study about different market segments and regions.



Report Scope:

Report Attribute/Metric Details
  Market Size   2030: Significant Value
  CAGR   4.50%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered    types, application, end users and region
  Geographies Covered   North America, Europe, APAC, and Latin America, Middle East & Africa.
  Key Vendors   Eastman Chemical Company (US), Exxon Mobil Corporation (US), NIPPON PAPER INDUSTRIES CO., LTD. (Japan), TOYOBO CO., LTD. (Japan), Advanced Polymer, Inc. (US), 3M (US) and S&E Specialty Polymers (US) among others.
  Key Market Opportunities   nonchlorinated polyolefins have very good performance properties for many applications such as adhesives, plastic, paints & coatings, rubber, and others.
  Key Market Drivers   nonchlorinated polyolefins market is driven by automotive, electrical and other industries.


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Frequently Asked Questions (FAQ) :

The forecast period for Nonchlorinated Polyolefins Market research report is 2020-2030

Nonchlorinated Polyolefins Market is dominated by APAC region.

The main players in the market are Eastman Chemical Company (US), Exxon Mobil Corporation (US), NIPPON PAPER INDUSTRIES CO., LTD. (Japan), TOYOBO CO., LTD. (Japan), Advanced Polymer, Inc. (US), 3M (US) and S&E Specialty Polymers (US) among others.