According to ChemAnalyst report, “Polyolefin Plastomer (POP) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, 2015-2035”, The Polyolefin Plastomer (POP) market is likely to expand and grow to reach 1200 thousand tonnes in 2035, at a CAGR of 4.13% in the coming years. The increasing demand for Polyolefin Plastomer (POP) from Food Packaging, Industrial Packaging, Hot Melt Adhesives (HMA), and other end-use industries, is expected to boost the Polyolefin Plastomer (POP) market in the forecast years.
Ethylene and ocetene are copolymerised in presence of a metallocene catalyst to produce Polyolefin Plastomer (POP). POP has a low Seal initiation temperature (SIT), an improved coefficient of friction, is non-slip, and exhibits stability at low temperatures favouring its employment in the automobile and packaging industry. This plastomer can be used to create moulded or extruded parts, to improve flexibility of polypropylene or polyethylene-based composites, flexible packaging, wire and cable, consumer items, foams, footwear, car accessories, and packing materials.
Moreover, across the globe, the primarily driver of the Polyolefin Plastomer (POP) market is in the Food Packaging. is expected to increase due to increased demand brought on by the population’s growth dependence on ready-to-eat meals and snacks. The food packaging industry used approximately 50% of the world’s POP production in 2021 and is expected to retain its dominance in the coming times.
Read Full Report Here: https://www.chemanalyst.com/industry-report/polyolefin-plastomer-pop-market-701
The Polyolefin Plastomer (POP) market is segmented based on type, end-use, sales channel, and region. Based on end-use, the Polyolefin Plastomer (POP) market is segregated into Food Packaging, Industrial Packaging, Hot Melt Adhesives (HMA), and others. The Food Packaging industry dominates the Polyolefin Plastomer (POP) market around the globe. It will likely stay the biggest industry during the forecast period and expected to grow at a CAGR of 4.23%. The consumption of Polyolefin Plastomer (POP) for manufacturing Hot Melt Adhesives (HMA) is expected in the forecast period with an impressive CAGR of 4.52%.
Based on demand, Asia Pacific is dominating the Polyolefin Plastomer (POP) market among all other regions, and it is anticipated that it will continue to remain the most significant consumer throughout the projected period and consumed approximately 34% of the global Polyolefin Plastomer (POP) in 2021.
“Global Polyolefin Plastomer (POP) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, 2015-2035”, the significant players functional in the Polyolefin Plastomer (POP) market include are Dow Chemical Company, ExxonMobil Chemical Company, SCG-Dow Group, SABIC SK Nexlene Company (SSNC), and others.
Read Sample Request Online: Polyolefin Plastomer (POP) Market
“The rapidly increasing demand for flexible and durable material in food packaging industry is expected to boost the Polyolefin Plastomer (POP) market in the forecast period. Consistently growing demand for Polyolefin Plastomer (POP) due to its properties like flexibility, durability, and non-slip nature likely to expand its market in the next few years. Besides, its ability to improve the flexibility polypropylene or polyethylene-based composites opens a whole new array of applications. “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
About Us
ChemAnalyst is a subsidiary of Techsci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.
The ChemAnalyst team also assists clients with Market Analysis for over 1200 chemicals including assessing demand & supply gaps, locating verified suppliers, choosing whether to trade or manufacture, developing Procurement Strategies, monitoring imports and exports of Chemicals, and much more. The users will not only be able to analyze historical data for past years but will also get to inspect detailed forecasts for the upcoming years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.
ChemAnalyst is your one-stop solution for all data-related needs. We at ChemAnalyst are dedicated to accommodate all of our world-class clients with their data and insights needs via our comprehensive online platform.
Contact Us:
Imani Jex
420 Lexington Avenue,
Suite 300, New York,
NY, United States, 10170
Call:- +1 3322586602
Email: [email protected]
Website: https://www.chemanalyst.com/