MRFR (Market Research Future) anticipates that the non-chlorinated polyolefin market will cover substantial grounds to thrive at a significant rate between 2021 and 2030 (analysis period).
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Market Boosters and Restraints
Non-chlorinated polyolefins or N-CPOs facilitate high adhesion properties in coatings to be used in polypropylene plastic applications. N-CPOs are non-contaminating, non-toxic and act as adhesion-promoting resins for applications in coating. These find considerable demand in industries such as coatings, adhesive and paints for the manufacturing of OEM coatings, automotive primers; automotive coatings; packaging coatings; plastics coatings; adhesives; inks, and more.
Significant expansion of the automotive and construction industries has been a major game-changer for the global market since these are prominent consumers of different types of non-chlorinated polyolefin. Over the years, the packaging sector has turned into one of the leading end-users in the N-CPOs market, creating massive demand. this is another key factor that will render substantial growth in the coming years.
Players are focused on technical integration during the value chain, which is touted to intensify the rivalry in the global industry. Rising deployment of innovative technologies such as drones, Internet of Things (IOT), robotics, blockchain, artificial intelligence and cloud computing is expected to change several aspects of non-chlorinated manufacturing process, for the better. The use of these technologies has increased majorly for bolstering the safety level, fostering efficiency as well as reliability and facilitating accurate monitoring across the supply chain.
A more recent application of non-chlorinated polyolefins is in the development of adhesion promoters, which have continued to evolve since their introduction in 2001. A few latest developments are new features, including excellent chemical and gasoline resistance properties. Adhesion promoters are deemed to be safe during burning as they do not lead to dioxin formation. This is true since they have no chlorine, and exhibit solubility property in multiple eco-friendly solvents, such as non-toluene solutions.
The non-chlorinated polyolefins market has been considered for types, application, and end users.
The major types of non-chlorinated polyolefins available in the market are non-chlorinated polystyrene, non-chlorinated polypropylene, non-chlorinated polyethylene, and more.
Some of the top applications of non-chlorinated polyolefins as mentioned in the MRFR report are plastic, adhesives, rubber, paints coatings, and others. Adhesives form the biggest share in the global market as use of non-chlorinated polyolefins as an adhesive is extensive in applications like printing ink, automobile bumpers, and more. Their impressive chemical and fire resistance property makes them the ideal adhesives in heat shrink tubing goods like DWFR tubing, Neoprene Tubing, and others.
The top market end users profiled in MRFR study include automotive, packaging, building construction and electrical, among others. Automotive is the leading end-user in the non-chlorinated polyolefins market, accounting for the majority of the worldwide consumption. The product is used primarily used in automotive coatings and automotive paints. Further, the consistently expanding automotive industry across the globe has raised the demand for vehicle paints and coatings, encouraging the manufacturers to bolster their manufacturing capacity, in terms of non-chlorinated polyolefins. In the electronics industry, non-chlorinated polyolefins find use as coating materials for several electronic components. Given the high abrasion-resistance property, these products provide protection to delicate electronic parts. Moreover, the property of excellent electrical resistance of these products helps avoid damages to the electrical components.
The non-chlorinated polyolefin market growth forecast can be geographically distributed into Europe, Asia Pacific (APAC), the Middle East Africa (MEA), Latin America as well as North America.
The APAC market for non-chlorinated polyolefins has taken the lead, benefitting from the extensive use of polymer plasticizers in the construction sector, particularly in China and India. Amplified product demand in paint and packaging industries across Taiwan, South Korea and Japan also elevate APAC’s position in the global market.
The second position in the global market has been secured by North America, in view of the escalating demand for non-chlorinated polyolefins in major industries such as electrical, automotive, and electronics. Manufacturers in the region are extremely focused on offering the highest quality, reliable and pure products armed with advanced technologies. They boast of an extensive range of high-quality discrete products sold in packaging such as small bottles and drums. These players also concentrate on designing customized products as per the specifications including customized or bulk packaging and more. These efforts on the part of the firms in the region is bound to work in favor of the non-chlorinated polyolefin market in subsequent years.
The well-established automotive sector in Europe has been responsible for the rampant demand for non-chlorinated polyolefins, while the construction industry is emerging as a key end-user as well. Lastly, the markets in Middle East and Latin America are witnessing healthy growth, as the application scope of non-chlorinated polyolefins has been rising rapidly in plastic, adhesives, rubber, paints coatings, and others.
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Some of the most eminent companies in the non-chlorinated polyolefins industry are Advanced Polymer, Inc. (US), SE Specialty Polymers (US), TOYOBO CO., LTD. (Japan), Eastman Chemical Company (US), 3M (US), Exxon Mobil Corporation (US), NIPPON PAPER INDUSTRIES CO., LTD. (Japan), to mention a few.
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