According to the report titled ‘Polyolefin Catalyst Market Size By Classification (Polypropylene, HDPE, LLDPE), By Catalyst (Ziegler Natta, Single Site [Metallocene, Post-metallocene], Chromium), By Application (Injection Molding, Blow Molding, Film, Fiber), Industry Analysis Report, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026’, available with Market Study Report, global polyolefin catalyst market is slated to expand significantly during 2019-2026.
 

Polyolefin catalyst market growth is largely driven by increasing product demand, and surge in production capacity of manufacturers.
 

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On the contrary, fluctuation in crude oil prices, and vulnerability to political environment & macro-economic forces are likely to restrain the industry progression during the forecast period.
 

In terms of classification, the market is segmented into polypropylene, LLDPE and HDPE. The report cites that polypropylene (PP) segment is poised to record 4.8% CAGR through 2026, as it is widely used in automotive components, food packaging, reusable containers, laboratory equipment, loudspeakers, polymer banknotes, textiles, and plastic parts.
 

On the other hand, the HDPE segment held considerable industry share in 2018 and is expected to grow further during the analysis timeline. HDPE offers rigidity, chemical resistance, strength, and is less absorbent and dense in nature with low degree of splitting as compared to LDPE.
 

Considering the catalyst segment, polyolefin catalyst market is split into Ziegler Natta, single site (metallocene, post-metallocene), and chromium. Among these, single site segment held 10% market share in 2018 and is anticipated to progress with 4.4% CAGR during 2019-2026, pertaining to ability of metallocene to act as extremely effective catalyst.
 

Based on application scope, the marketplace is fragmented into injection molding, blow molding, film, fiber and others. The others segment, comprising of foams, sheets etc., is expected to register 4% CAGR during the forecast period, owing to the widespread usage of foamed plastics.
 

From the geographical perspective, LATAM acquired a market share of 4.2% in 2018. On the other hand, MEA marketplace is expected to expand at 4.3% CAGR during the analysis timeframe, owing to efficient export production capability, and presence of developed oil & gas infrastructure in the region.
 

The prominent players in polyolefin catalyst market are Johnson Matthey plc, DuPont de Nemours Inc., The Idemsitu Kosan Company Ltd., China Petroleum & Chemical Corporation (SINOPEC), AGC Chemicals Co., NOVA Chemicals Corporation, Evonik Industries AG, Mitsui Chemicals Inc., Univation Technologies LLC, Sud-Chemie India Pvt. Ltd., W. R. Grace and Company, Toho Titanium Co. Ltd., Ineos Group Ltd., Clariant AG, Dorf-Ketal Chemicals India Private Limited, PQ Corporation, and LyondellBasell Industries N.V.