The global demand for Non Chlorinated Polyolefins Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Non chlorinated polyolefins (N-CPO) are thermoplastics without any chlorine content. It is an adhesion promoting resin that aims to improve the adhesive properties of coatings that are applied on thermoplastic olefin (TPO) and polypropylene (PP) substrates. Besides TPO and PP, N-CPO can also be used on polyester materials and aluminum. It offers good adhesion of paints and has some unique performance properties, for instance, excellent resistance to gasoline and chemicals. Since it doesn't contain any chlorine, it is environmentally friendly. N-CPO is available in two grades, solvent and waterborne. Its key application areas are automotive coatings and primers, packaging coatings, plastic coatings, OEM coatings, adhesives, printing inks and rubber production. It is a suitable alternative to the extensively used chlorinated polyolefins.
Market Dynamics
The non-chlorinated polyolefins market has significant growth potential during the forecast period. Its market is primarily driven by the fact that it is widely utilized as adhesion-promoting resin in coatings and as a substitute to CPO. It is used in rubber production, and the increasing usage of rubber for tires in the automotive industry will likely benefit its market. Soaring demand for coatings in various end-use industries such as construction and automotive is expected to impact market growth positively. Its market is projected to grow due to the rise in demand for adhesives and the increasing application of laminates required to surf cabinets in ceilings, walls, and furniture. Furthermore, strict rules and regulations related to halogenated plastic production and usage may propel its market. However, the availability of alternative products might hinder the growth of the non-chlorinated polyolefins market during the forecast period.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of non chlorinated polyolefins. The growth and trends of non chlorinated polyolefins industry provide a holistic approach to this study.
Market Segmentation
This section of the non chlorinated polyolefins market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Non Chlorinated Polypropylene
- Non Chlorinated Polystyrene
- Non Chlorinated Polyethylene
- Others
By Application
- Paints And Coatings
- Plastics
- Adhesives
- Rubber
- Others
By End Use Industry
- Building And Construction
- Automotive
- Packaging
- Electrical And Electronics
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Non Chlorinated Polyolefins market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Non Chlorinated Polyolefins Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the non chlorinated polyolefins market include NIPPON PAPER INDUSTRIES CO., LTD., Eastman Chemical Company, Exxon Mobil Corporation, Toyobo CO., LTD., 3M, Advanced Polymer, Inc., S&E Specialty Polymers,. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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