The global polypropylene catalyst market size is estimated to be USD 1.5 billion in 2020 and projected to reach USD 2.5 billion by 2025, at a CAGR of 9.9%. A polypropylene catalyst is a chemical that optimizes polypropylene yield and improves process efficiency.
There are mainly two types of polypropylene catalyst that are mainly used during the production of polypropylene namely Ziegler Natta and Metallocene. Ziegler Natta is the one that majorly used in the production of polypropylene globally .
The polypropylene catalyst market is classified based on the manufacturing process of polypropylene as bulk phase process, gas phase process and others (hybrid and slurry) Among them, gas phase process is the largest manufacturing process that uses polypropylene catalyst globally due to its growing adoption by producers.
The polypropylene catalyst market is studied for five regions, namely APAC, North America, Europe, South America, and Middle East & Africa. APAC is expected to be the fastest-growing regional market due to the growing nuber of polypropylene production plants in countries such as China, India and South Korea.
LyondellBasell Industries and W.R.Grace are the top players in the market. The market ranking for the top companies is determined by considering the year of establishment, geographical presence, several recent developments, and the company’s product offering in the polypropylene catalyst market.
. LyondellBasell is one of the oldest companies in the market and has improved the quality of its catalysts throughout the years. The Spheripol and Spherizone technologies provided by LyondellBasell are the most preferred and used by polypropylene producers globally.
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