Market Overview:
The global amorphous polyalphaolefin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for hot melt adhesive, bitumen modification, polymer modification and other applications from various end-use industries. In terms of type, propylene homopolymer is expected to hold a major share in the global amorphous polyalphaolefin market during the forecast period. However, copolymer of propylene and ethylene is projected to grow at a higher CAGR than other types during the forecast period. Geographically, North America dominates the global amorphous polyalphaolefin market followed by Europe and Asia Pacific.
Product Definition:
Amorphous Polyalphaolefin is a polymer made up of alpha-olefins. It has no definite shape or structure, making it an amorphous material. This makes it important for applications where toughness and flexibility are needed, such as in coatings and adhesives.
Propylene Homopolymer:
Propylene homopolymer is a kind of poly alpha olefin that contains more than 90% propylene by weight. It has similar properties as those of propylene copolymers but different molecular structure. They are used in various applications such as films, fibers, coatings and adhesives owing to their high heat resistance property.
Copolymer of Propylene and Ethylene:
Copolymer of propylene and ethylene is a kind of engineering thermoplastic which contains low-density polyethylene and high-density polypropylene units. These copolymers are used for manufacturing amorphous polyalphaolefin (APAO) products.
Application Insights:
Hot melt adhesive was the largest application segment and accounted for a volume share of over 70.0% in 2017. Amorphous polyalphaolefin is used as an adhesive in the manufacturing of hot-melt adhesives, which are widely utilized across several industries including construction, automotive, and packaging on account of their high strength to weight ratio along with superior thermal resistance properties.
The growing packaging industry on account of increasing consumerism coupled with rising disposable income is expected to drive product demand over the forecast period. In addition, rapidly growing global population coupled with urbanization has led to an increase in consumption for housing & living spaces which further supports market growth.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, such as China, India, Indonesia and Malaysia. These countries are experiencing strong economic growth owing to various factors such as increasing disposable income of consumers and rapid industrialization & urbanization.
China emerged as a major consumer of amorphous polyalphaolefin in Asia Pacific on account of high demand from packaging applications along with growing automotive industry at a domestic level. Moreover, rising construction activities due to growing population are likely to drive product consumption further over the coming years in this region.
Europe was estimated at USD X million in 2017 on account of high consumption levels from automobile application industries across Germany, U K., Italy among other countries within Europe region itself; while France accounted for significant share by consuming large amount bitumen-based adhesives for road surfacing operations which were followed by other European countries including Russia and Spain among others).
Growth Factors:
- Increasing demand from end-use industries such as automotive and construction
- Rising demand for lightweight and fuel-efficient vehicles
- Growing popularity of amorphous polyalphaolefin in Asia Pacific region
- Technological advancements in manufacturing process of amorphous polyalphaolefin
- Stringent environmental regulations to promote the use of lightweight materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Amorphous Polyalphaolefin Market Research Report
By Type
Propylene Homopolymer, Copolymer of Propylene and Ethylene, Propylene Homopolymer and Ethylene Copolymer, Other
By Application
Hot Melt Adhesive, Bitumen Modification, Polymer Modification, Other
By Companies
Evonik, Eastman, REXtac, Liaoyang Liaohua Qida Chemicals, Hangzhou Hangao, Evonik
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Amorphous Polyalphaolefin Market Report Segments:
The global Amorphous Polyalphaolefin market is segmented on the basis of:
Types
Propylene Homopolymer, Copolymer of Propylene and Ethylene, Propylene Homopolymer and Ethylene Copolymer, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hot Melt Adhesive, Bitumen Modification, Polymer Modification, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Evonik
- Eastman
- REXtac
- Liaoyang Liaohua Qida Chemicals
- Hangzhou Hangao
- Evonik
Highlights of The Amorphous Polyalphaolefin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Propylene Homopolymer
- Copolymer of Propylene and Ethylene
- Propylene Homopolymer and Ethylene Copolymer
- Other
- By Application:
- Hot Melt Adhesive
- Bitumen Modification
- Polymer Modification
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Amorphous Polyalphaolefin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Amorphous polyalphaolefin is a type of thermoplastic that does not have any definite shape. It is often used in products that need to be flexible, such as pipes and tubes.
Some of the major players in the amorphous polyalphaolefin market are Evonik, Eastman, REXtac, Liaoyang Liaohua Qida Chemicals, Hangzhou Hangao, Evonik.
The amorphous polyalphaolefin market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Amorphous Polyalphaolefin Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Amorphous Polyalphaolefin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Amorphous Polyalphaolefin Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Amorphous Polyalphaolefin Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Amorphous Polyalphaolefin Market Size & Forecast, 2020-2028
4.5.1 Amorphous Polyalphaolefin Market Size and Y-o-Y Growth
4.5.2 Amorphous Polyalphaolefin Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Propylene Homopolymer
5.2.2 Copolymer of Propylene and Ethylene
5.2.3 Propylene Homopolymer and Ethylene Copolymer
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hot Melt Adhesive
6.2.2 Bitumen Modification
6.2.3 Polymer Modification
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Amorphous Polyalphaolefin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Amorphous Polyalphaolefin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Propylene Homopolymer
9.6.2 Copolymer of Propylene and Ethylene
9.6.3 Propylene Homopolymer and Ethylene Copolymer
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hot Melt Adhesive
9.10.2 Bitumen Modification
9.10.3 Polymer Modification
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Propylene Homopolymer
10.6.2 Copolymer of Propylene and Ethylene
10.6.3 Propylene Homopolymer and Ethylene Copolymer
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hot Melt Adhesive
10.10.2 Bitumen Modification
10.10.3 Polymer Modification
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Propylene Homopolymer
11.6.2 Copolymer of Propylene and Ethylene
11.6.3 Propylene Homopolymer and Ethylene Copolymer
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hot Melt Adhesive
11.10.2 Bitumen Modification
11.10.3 Polymer Modification
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Propylene Homopolymer
12.6.2 Copolymer of Propylene and Ethylene
12.6.3 Propylene Homopolymer and Ethylene Copolymer
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hot Melt Adhesive
12.10.2 Bitumen Modification
12.10.3 Polymer Modification
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Propylene Homopolymer
13.6.2 Copolymer of Propylene and Ethylene
13.6.3 Propylene Homopolymer and Ethylene Copolymer
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hot Melt Adhesive
13.10.2 Bitumen Modification
13.10.3 Polymer Modification
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Amorphous Polyalphaolefin Market: Competitive Dashboard
14.2 Global Amorphous Polyalphaolefin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Evonik
14.3.2 Eastman
14.3.3 REXtac
14.3.4 Liaoyang Liaohua Qida Chemicals
14.3.5 Hangzhou Hangao
14.3.6 Evonik
