Polyolefin Catalyst Market Analysis

Polyolefin Catalyst Market Analysis

Three basis types of polymer catalyst are Ziegler Natta (ZN), Chromium and single site catalyst. ZN catalyst are the most popular owing to their wide use in the production of the polypropylene, high density polyethylene, and linear low density polyethylene. Over 90% of global polypropylene production uses ZN catalyst, whereas in polyethylene production Ziegler Natta is used more than 50% in all cases. Phillips or chromium catalyst is another major catalyst used mainly to produce high density polyethylene (HDPE).
 

The catalyst employed for polypropylene production is essentially titanium based ZN catalyst activated with aluminum alkyds and external donors, whereas catalyst used for HDPE include both titanium systems, Phillips and metallocene’s. Linear low density polyethylene use over 80% of Ziegler Natta catalyst and metallocene catalyst at a lesser extent.
 

Polyolefin catalyst for films application held the largest share in 2018 in terms of both volume and revenue. Polyolefins films are extensively used in various end user industries mainly for packaging purposes. These films offers excellent chemical resistance, release properties and tensile strength which makes them highly desirable in the packaging industry.
 

Injectional molding was another major application segment in the polyolefin catalyst market in 2018. Injection molded products holds wide application in major industries such as automotive, electrical & electronics, building & construction, packaging, home appliances, consumer products, and medical devices among others. Injection molding application held a market share of 27.3% in 2018 in terms of revenue.
 

Polyolefin catalyst in the Asia Pacific region has gained wide popularity in the recent times. The growing oil & gas activities along with enormous growth in the regional end-user sector has positively impacted the polyolefin catalyst market trends. Moreover, government expenditure in the development of plastic production units will further aid to the polyolefin demand in coming years.
 

For instance, the Government of India announced its plans to incorporate 18 plastic parks for an investment of USD 6.2 million (40 crore INR) each in the coming years. This move is anticipated to generate ample opportunities during the forecast period.
 

The major countries contributing to the Asia Pacific are India and China. China accounted for over 20% of the overall market in 2015 and shall grow at a CAGR of over 4.9% during the review period. The developed packaging and automotive industry in the country shall positively attribute to polyolefin catalyst market value.