Study Period | 2019-2032 |
Base Year | 2023 |
Forcast Year | 2023-2032 |
CAGR | 7.73 |
The Amorphous Polyolefin Market size is estimated to grow at a CAGR of 5.12% between 2022 and 2032. The market size is forecast to increase by USD 2,345.78 million. The growth of the market depends on several factors, including the increasing demand for eco-friendly packaging materials, rising adoption of amorphous polyolefin in automotive applications, and growing construction activities. Amorphous polyolefin refers to a type of polymer that exhibits a non-crystalline or amorphous structure. It is derived from polyolefin resins and offers excellent properties such as high clarity, low melting point, good adhesion, and resistance to chemicals and UV radiation. These properties make it suitable for various applications, including packaging, automotive, construction, and others.
Amorphous Polyolefin Market Overview
Drivers
One of the key factors driving the amorphous polyolefin market growth is the increasing demand for eco-friendly packaging materials. With growing environmental concerns and regulations, there is a shift towards sustainable packaging solutions. Amorphous polyolefin offers several advantages over traditional packaging materials such as PVC and PET, including recyclability, low carbon footprint, and reduced waste generation. As a result, it is widely used in applications such as food packaging, pharmaceutical packaging, and consumer goods packaging. The increasing awareness about environmental sustainability and the need for eco-friendly packaging materials are expected to drive market growth during the forecast period.
Moreover, the automotive industry is another major driver for the amorphous polyolefin market. Amorphous polyolefin is used in automotive applications such as interior trim, door panels, and instrument panels due to its excellent properties such as low density, high impact resistance, and good surface finish. The growing demand for lightweight and fuel-efficient vehicles is expected to fuel the adoption of amorphous polyolefin in the automotive industry, thereby driving market growth.
Trends
A key trend shaping the amorphous polyolefin market growth is the increasing use of recycled materials. With the growing emphasis on sustainability, there is a rising demand for recycled materials in various industries. Amorphous polyolefin can be easily recycled and reused without compromising its properties. This makes it an attractive choice for manufacturers looking to incorporate recycled materials in their products. The use of recycled amorphous polyolefin not only reduces the environmental impact but also offers cost savings. The increasing focus on circular economy and sustainable practices is expected to drive the demand for recycled amorphous polyolefin during the forecast period.
Restraints:
One of the key challenges hindering the amorphous polyolefin market growth is the volatility in raw material prices. Amorphous polyolefin is derived from polyolefin resins, which are petroleum-based products. Fluctuations in crude oil prices directly impact the cost of raw materials, thereby affecting the overall production cost of amorphous polyolefin. This volatility in raw material prices poses a challenge for manufacturers in terms of cost management and pricing strategies. Additionally, the dependency on petroleum-based feedstocks raises concerns about the environmental sustainability of amorphous polyolefin. These factors are expected to hinder market growth during the forecast period.
Amorphous Polyolefin Market Segmentation By Application
The packaging segment is estimated to witness significant growth during the forecast period. Amorphous polyolefin is widely used in packaging applications due to its excellent properties such as high clarity, good heat sealability, and resistance to chemicals and UV radiation. It is used in various packaging formats, including films, pouches, and labels. Amorphous polyolefin films are used in food packaging, pharmaceutical packaging, and consumer goods packaging to provide protection, preservation, and visual appeal to the packaged products. The increasing demand for sustainable and eco-friendly packaging materials is expected to drive the growth of this segment, thereby driving the market growth during the forecast period.
The automotive segment is another key application segment for amorphous polyolefin. It is used in automotive interior applications such as interior trim, door panels, and instrument panels. Amorphous polyolefin offers advantages such as low density, high impact resistance, and good surface finish, making it suitable for automotive applications. The growing demand for lightweight and fuel-efficient vehicles is expected to drive the adoption of amorphous polyolefin in the automotive industry, thereby driving market growth.
Amorphous Polyolefin Market Segmentation By Region
APAC is estimated to contribute 48% to the growth of the global market during the forecast period. The main factor contributing to the growth of the amorphous polyolefin market in APAC is the rapid industrialization and urbanization in countries such as China and India. These countries are witnessing significant growth in sectors such as packaging, automotive, and construction, which are major end-use industries for amorphous polyolefin. The increasing population, rising disposable income, and changing consumer preferences are driving the demand for packaged goods, automobiles, and infrastructure, thereby driving the market in the region.
In 2020, during the COVID-19 pandemic, the growth of the global amorphous polyolefin market witnessed a significant slowdown due to the temporary closure of manufacturing facilities and disruptions in the supply chain. However, in 2021, with the easing of lockdown measures and the resumption of economic activities, the market started to recover. The increasing focus on hygiene and safety measures, along with the growing demand for packaged goods, is expected to drive the market during the forecast period.
Amorphous Polyolefin Market Customer Landscape
The amorphous polyolefin market industry report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Who are the Major Amorphous Polyolefin Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Some of the major companies operating in the amorphous polyolefin market are:
Segment Overview
The amorphous polyolefin market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2019 to 2032.
Application Outlook (USD Million, 2019 - 2032)
Geography Outlook (USD Million, 2019 - 2032)
Table of Contents
United States Amorphous Polyolefin Market Report 2017
1 Amorphous Polyolefin Overview
1.1 Product Overview and Scope of Amorphous Polyolefin
1.2 Classification of Amorphous Polyolefin by Product Category
1.2.1 United States Amorphous Polyolefin Market Size (Sales Volume) Comparison by Type (2012-2022)
1.2.2 United States Amorphous Polyolefin Market Size (Sales Volume) Market Share by Type (Product Category) in 2016
1.2.3 Propylene homopolymer
1.2.4 Copolymer of propylene and ethylene
1.2.5 Propylene homopolymer and ethylene copolymer
1.2.6 Terpolymer
1.2.7 Other types APO
1.3 United States Amorphous Polyolefin Market by Application/End Users
1.3.1 United States Amorphous Polyolefin Market Size (Consumption) and Market Share Comparison by Application (2012-2022)
1.3.2 Bitumen modification
1.3.3 Adhesive
1.3.4 Sealing material
1.3.5 Polymer modification
1.3.6 Other applications
1.4 United States Amorphous Polyolefin Market by Region
1.4.1 United States Amorphous Polyolefin Market Size (Value) Comparison by Region (2012-2022)
1.4.2 The West Amorphous Polyolefin Status and Prospect (2012-2022)
1.4.3 Southwest Amorphous Polyolefin Status and Prospect (2012-2022)
1.4.4 The Middle Atlantic Amorphous Polyolefin Status and Prospect (2012-2022)
1.4.5 New England Amorphous Polyolefin Status and Prospect (2012-2022)
1.4.6 The South Amorphous Polyolefin Status and Prospect (2012-2022)
1.4.7 The Midwest Amorphous Polyolefin Status and Prospect (2012-2022)
1.5 United States Market Size (Value and Volume) of Amorphous Polyolefin (2012-2022)
1.5.1 United States Amorphous Polyolefin Sales and Growth Rate (2012-2022)
1.5.2 United States Amorphous Polyolefin Revenue and Growth Rate (2012-2022)
2 United States Amorphous Polyolefin Market Competition by Players/Suppliers
2.1 United States Amorphous Polyolefin Sales and Market Share of Key Players/Suppliers (2012-2017)
2.2 United States Amorphous Polyolefin Revenue and Share by Players/Suppliers (2012-2017)
2.3 United States Amorphous Polyolefin Average Price by Players/Suppliers (2012-2017)
2.4 United States Amorphous Polyolefin Market Competitive Situation and Trends
2.4.1 United States Amorphous Polyolefin Market Concentration Rate
2.4.2 United States Amorphous Polyolefin Market Share of Top 3 and Top 5 Players/Suppliers
2.4.3 Mergers & Acquisitions, Expansion in United States Market
2.5 United States Players/Suppliers Amorphous Polyolefin Manufacturing Base Distribution, Sales Area, Product Type
3 United States Amorphous Polyolefin Sales (Volume) and Revenue (Value) by Region (2012-2017)
3.1 United States Amorphous Polyolefin Sales and Market Share by Region (2012-2017)
3.2 United States Amorphous Polyolefin Revenue and Market Share by Region (2012-2017)
3.3 United States Amorphous Polyolefin Price by Region (2012-2017)
4 United States Amorphous Polyolefin Sales (Volume) and Revenue (Value) by Type (Product Category) (2012-2017)
4.1 United States Amorphous Polyolefin Sales and Market Share by Type (Product Category) (2012-2017)
4.2 United States Amorphous Polyolefin Revenue and Market Share by Type (2012-2017)
4.3 United States Amorphous Polyolefin Price by Type (2012-2017)
4.4 United States Amorphous Polyolefin Sales Growth Rate by Type (2012-2017)
5 United States Amorphous Polyolefin Sales (Volume) by Application (2012-2017)
5.1 United States Amorphous Polyolefin Sales and Market Share by Application (2012-2017)
5.2 United States Amorphous Polyolefin Sales Growth Rate by Application (2012-2017)
5.3 Market Drivers and Opportunities
6 United States Amorphous Polyolefin Players/Suppliers Profiles and Sales Data
6.1 Eastman
6.1.1 Company Basic Information, Manufacturing Base and Competitors
6.1.2 Amorphous Polyolefin Product Category, Application and Specification
6.1.2.1 Product A
6.1.2.2 Product B
6.1.3 Eastman Amorphous Polyolefin Sales, Revenue, Price and Gross Margin (2012-2017)
6.1.4 Main Business/Business Overview
6.2 Evonik
6.2.2 Amorphous Polyolefin Product Category, Application and Specification
6.2.2.1 Product A
6.2.2.2 Product B
6.2.3 Evonik Amorphous Polyolefin Sales, Revenue, Price and Gross Margin (2012-2017)
6.2.4 Main Business/Business Overview
6.3 REXtac
6.3.2 Amorphous Polyolefin Product Category, Application and Specification
6.3.2.1 Product A
6.3.2.2 Product B
6.3.3 REXtac Amorphous Polyolefin Sales, Revenue, Price and Gross Margin (2012-2017)
6.3.4 Main Business/Business Overview
6.4 Liaoyang Liaohua Qida Chemicals
6.4.2 Amorphous Polyolefin Product Category, Application and Specification
6.4.2.1 Product A
6.4.2.2 Product B
6.4.3 Liaoyang Liaohua Qida Chemicals Amorphous Polyolefin Sales, Revenue, Price and Gross Margin (2012-2017)
6.4.4 Main Business/Business Overview
...
7 Amorphous Polyolefin Manufacturing Cost Analysis
7.1 Amorphous Polyolefin Key Raw Materials Analysis
7.1.1 Key Raw Materials
7.1.2 Price Trend of Key Raw Materials
7.1.3 Key Suppliers of Raw Materials
7.1.4 Market Concentration Rate of Raw Materials
7.2 Proportion of Manufacturing Cost Structure
7.2.1 Raw Materials
7.2.2 Labor Cost
7.2.3 Manufacturing Expenses
7.3 Manufacturing Process Analysis of Amorphous Polyolefin
8 Industrial Chain, Sourcing Strategy and Downstream Buyers
8.1 Amorphous Polyolefin Industrial Chain Analysis
8.2 Upstream Raw Materials Sourcing
8.3 Raw Materials Sources of Amorphous Polyolefin Major Manufacturers in 2016
8.4 Downstream Buyers
9 Marketing Strategy Analysis, Distributors/Traders
9.1 Marketing Channel
9.1.1 Direct Marketing
9.1.2 Indirect Marketing
9.1.3 Marketing Channel Development Trend
9.2 Market Positioning
9.2.1 Pricing Strategy
9.2.2 Brand Strategy
9.2.3 Target Client
9.3 Distributors/Traders List
10 Market Effect Factors Analysis
10.1 Technology Progress/Risk
10.1.1 Substitutes Threat
10.1.2 Technology Progress in Related Industry
10.2 Consumer Needs/Customer Preference Change
10.3 Economic/Political Environmental Change
11 United States Amorphous Polyolefin Market Size (Value and Volume) Forecast (2017-2022)
11.1 United States Amorphous Polyolefin Sales Volume, Revenue Forecast (2017-2022)
11.2 United States Amorphous Polyolefin Sales Volume Forecast by Type (2017-2022)
11.3 United States Amorphous Polyolefin Sales Volume Forecast by Application (2017-2022)
11.4 United States Amorphous Polyolefin Sales Volume Forecast by Region (2017-2022)
12 Research Findings and Conclusion
13 Appendix
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
List of Tables and Figures
Figure Product Picture of Amorphous Polyolefin
Figure United States Amorphous Polyolefin Market Size (MT) by Type (2012-2022)
Figure United States Amorphous Polyolefin Sales Volume Market Share by Type (Product Category) in 2016
Figure Propylene homopolymer Product Picture
Figure Copolymer of propylene and ethylene Product Picture
Figure Propylene homopolymer and ethylene copolymer Product Picture
Figure Terpolymer Product Picture
Figure Other types APO Product Picture
Figure United States Amorphous Polyolefin Market Size (MT) by Application (2012-2022)
Figure United States Sales Market Share of Amorphous Polyolefin by Application in 2016
Figure Bitumen modification Examples
Table Key Downstream Customer in Bitumen modification
Figure Adhesive Examples
Table Key Downstream Customer in Adhesive
Figure Sealing material Examples
Table Key Downstream Customer in Sealing material
Figure Polymer modification Examples
Table Key Downstream Customer in Polymer modification
Figure Other applications Examples
Table Key Downstream Customer in Other applications
Figure United States Amorphous Polyolefin Market Size (Million USD) by Region (2012-2022)
Figure The West Amorphous Polyolefin Revenue (Million USD) and Growth Rate (2012-2022)
Figure Southwest Amorphous Polyolefin Revenue (Million USD) and Growth Rate (2012-2022)
Figure The Middle Atlantic Amorphous Polyolefin Revenue (Million USD) and Growth Rate (2012-2022)
Figure New England Amorphous Polyolefin Revenue (Million USD) and Growth Rate (2012-2022)
Figure The South of US Amorphous Polyolefin Revenue (Million USD) and Growth Rate (2012-2022)
Figure The Midwest Amorphous Polyolefin Revenue (Million USD) and Growth Rate (2012-2022)
Figure United States Amorphous Polyolefin Sales (MT) and Growth Rate (2012-2022)
Figure United States Amorphous Polyolefin Revenue (Million USD) and Growth Rate (2012-2022)
Figure United States Amorphous Polyolefin Market Major Players Product Sales Volume (MT) (2012-2017)
Table United States Amorphous Polyolefin Sales (MT) of Key Players/Suppliers (2012-2017)
Table United States Amorphous Polyolefin Sales Share by Players/Suppliers (2012-2017)
Figure 2016 United States Amorphous Polyolefin Sales Share by Players/Suppliers
Figure 2017 United States Amorphous Polyolefin Sales Share by Players/Suppliers
Figure United States Amorphous Polyolefin Market Major Players Product Revenue (Million USD) (2012-2017)
Table United States Amorphous Polyolefin Revenue (Million USD) by Players/Suppliers (2012-2017)
Table United States Amorphous Polyolefin Revenue Share by Players/Suppliers (2012-2017)
Figure 2016 United States Amorphous Polyolefin Revenue Share by Players/Suppliers
Figure 2017 United States Amorphous Polyolefin Revenue Share by Players/Suppliers
Table United States Market Amorphous Polyolefin Average Price (USD/MT) of Key Players/Suppliers (2012-2017)
Figure United States Market Amorphous Polyolefin Average Price (USD/MT) of Key Players/Suppliers in 2016
Figure United States Amorphous Polyolefin Market Share of Top 3 Players/Suppliers
Figure United States Amorphous Polyolefin Market Share of Top 5 Players/Suppliers
Table United States Players/Suppliers Amorphous Polyolefin Manufacturing Base Distribution and Sales Area
Table United States Players/Suppliers Amorphous Polyolefin Product Category
Table United States Amorphous Polyolefin Sales (MT) by Region (2012-2017)
Table United States Amorphous Polyolefin Sales Share by Region (2012-2017)
Figure United States Amorphous Polyolefin Sales Share by Region (2012-2017)
Figure United States Amorphous Polyolefin Sales Market Share by Region in 2016
Table United States Amorphous Polyolefin Revenue (Million USD) and Market Share by Region (2012-2017)
Table United States Amorphous Polyolefin Revenue Share by Region (2012-2017)
Figure United States Amorphous Polyolefin Revenue Market Share by Region (2012-2017)
Figure United States Amorphous Polyolefin Revenue Market Share by Region in 2016
Table United States Amorphous Polyolefin Price (USD/MT) by Region (2012-2017)
Table United States Amorphous Polyolefin Sales (MT) by Type (2012-2017)
Table United States Amorphous Polyolefin Sales Share by Type (2012-2017)
Figure United States Amorphous Polyolefin Sales Share by Type (2012-2017)
Figure United States Amorphous Polyolefin Sales Market Share by Type in 2016
Table United States Amorphous Polyolefin Revenue (Million USD) and Market Share by Type (2012-2017)
Table United States Amorphous Polyolefin Revenue Share by Type (2012-2017)
Figure Revenue Market Share of Amorphous Polyolefin by Type (2012-2017)
Figure Revenue Market Share of Amorphous Polyolefin by Type in 2016
Table United States Amorphous Polyolefin Price (USD/MT) by Types (2012-2017)
Figure United States Amorphous Polyolefin Sales Growth Rate by Type (2012-2017)
Table United States Amorphous Polyolefin Sales (MT) by Application (2012-2017)
Table United States Amorphous Polyolefin Sales Market Share by Application (2012-2017)
Figure United States Amorphous Polyolefin Sales Market Share by Application (2012-2017)
Figure United States Amorphous Polyolefin Sales Market Share by Application in 2016
Table United States Amorphous Polyolefin Sales Growth Rate by Application (2012-2017)
Figure United States Amorphous Polyolefin Sales Growth Rate by Application (2012-2017)
Table Eastman Basic Information List
Table Eastman Amorphous Polyolefin Sales (MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2012-2017)
Figure Eastman Amorphous Polyolefin Sales Growth Rate (2012-2017)
Figure Eastman Amorphous Polyolefin Sales Market Share in United States (2012-2017)
Figure Eastman Amorphous Polyolefin Revenue Market Share in United States (2012-2017)
Table Evonik Basic Information List
Table Evonik Amorphous Polyolefin Sales (MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2012-2017)
Figure Evonik Amorphous Polyolefin Sales Growth Rate (2012-2017)
Figure Evonik Amorphous Polyolefin Sales Market Share in United States (2012-2017)
Figure Evonik Amorphous Polyolefin Revenue Market Share in United States (2012-2017)
Table REXtac Basic Information List
Table REXtac Amorphous Polyolefin Sales (MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2012-2017)
Figure REXtac Amorphous Polyolefin Sales Growth Rate (2012-2017)
Figure REXtac Amorphous Polyolefin Sales Market Share in United States (2012-2017)
Figure REXtac Amorphous Polyolefin Revenue Market Share in United States (2012-2017)
Table Liaoyang Liaohua Qida Chemicals Basic Information List
Table Liaoyang Liaohua Qida Chemicals Amorphous Polyolefin Sales (MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2012-2017)
Figure Liaoyang Liaohua Qida Chemicals Amorphous Polyolefin Sales Growth Rate (2012-2017)
Figure Liaoyang Liaohua Qida Chemicals Amorphous Polyolefin Sales Market Share in United States (2012-2017)
Figure Liaoyang Liaohua Qida Chemicals Amorphous Polyolefin Revenue Market Share in United States (2012-2017)
Table Production Base and Market Concentration Rate of Raw Material
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Manufacturing Cost Structure of Amorphous Polyolefin
Figure Manufacturing Process Analysis of Amorphous Polyolefin
Figure Amorphous Polyolefin Industrial Chain Analysis
Table Raw Materials Sources of Amorphous Polyolefin Major Players/Suppliers in 2016
Table Major Buyers of Amorphous Polyolefin
Table Distributors/Traders List
Figure United States Amorphous Polyolefin Sales Volume (MT) and Growth Rate Forecast (2017-2022)
Figure United States Amorphous Polyolefin Revenue (Million USD) and Growth Rate Forecast (2017-2022)
Figure United States Amorphous Polyolefin Price (USD/MT) Trend Forecast (2017-2022)
Table United States Amorphous Polyolefin Sales Volume (MT) Forecast by Type (2017-2022)
Figure United States Amorphous Polyolefin Sales Volume (MT) Forecast by Type (2017-2022)
Figure United States Amorphous Polyolefin Sales Volume (MT) Forecast by Type in 2022
Table United States Amorphous Polyolefin Sales Volume (MT) Forecast by Application (2017-2022)
Figure United States Amorphous Polyolefin Sales Volume (MT) Forecast by Application (2017-2022)
Figure United States Amorphous Polyolefin Sales Volume (MT) Forecast by Application in 2022
Table United States Amorphous Polyolefin Sales Volume (MT) Forecast by Region (2017-2022)
Table United States Amorphous Polyolefin Sales Volume Share Forecast by Region (2017-2022)
Figure United States Amorphous Polyolefin Sales Volume Share Forecast by Region (2017-2022)
Figure United States Amorphous Polyolefin Sales Volume Share Forecast by Region in 2022
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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