POLYMERIZATION CATALYSTS MARKET ANALYSIS

Polymerization Catalysts Market, By Classification (Polyolefin Catalysts, Condensation Polymer Catalysts, Thermosetting Polymer Catalysts, and Additional Polymer Catalysts), By Catalyst (Zeigler-Natta, Single-site, Chromium, Peroxide, and Other Catalysts), By Region (North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa)

Published In : Sep 2023
Code : CMI5323
Pages :138
Formats :
Excel and PDF
Industry : Polymers and Resins

Polymerization Catalysts MarketSize and Trends

Global Polymerization Catalysts Market is projected to reach around US$ 4,698.4 by 2030, exhibiting a CAGR of 5.5% during the forecast period (2023-2030).

Global Polymerization Catalysts Market: Trends

Rising production of HDPE and investments in the petrochemical industry: Increasing production of HDPE (High Density Polyethylene.) is a growing trend in the market. This is expected to propel the market growth over the forecast period. According to Coherent Market Insights analysis, the production of HDPE is expected to increase to 4 million metric ton by 2023. HDPE is mainly used in the manufacturing of housing appliances and packaging. The demand for Low-density Polyethylene (LDPE) is expected to reach 1.2 million metric ton by the end of 2023. Growing investments in the petrochemical industry and upcoming olefin projects are expected to drive the demand for catalysts in the near future. This is expected to increase the use of polyolefin catalysts in the production of olefin derivatives.