Grafted Polyolefins Market Size, Share, and Analysis, By Type (Maleic Anhydride Grafted PE, Maleic Anhydride Grafted PP, Maleic Anhydride Grafted EVA, and Others), By Application (Adhesion Promotion, Impact Modification, Compatibilization, and Bonding), By Vertical (Automotive, Packaging, Textile, and Others), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034
Grafted Polyolefins Market Size, Share, and Analysis, By Type (Maleic Anhydride Grafted PE, Maleic Anhydride Grafted PP, Maleic Anhydride Grafted EVA, and Others), By Application (Adhesion Promotion, Impact Modification, Compatibilization, and Bonding), By Vertical (Automotive, Packaging, Textile, and Others), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034
PRODUCT OVERVIEW
Grafted Polyolefins Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 1.7 billion and is projected to reach USD 3.3 billion by the completion of 2034.
Grafted polyolefins refer to a class of polymers that are formed by chemically bonding additional functional groups onto the backbone of a polyolefin. Polyolefins, such as polyethylene and polypropylene, are widely used due to their affordability and favorable properties. In addition, grafting improves these materials by introducing new functionalities, like better adhesion and compatibility with other substances, while also retaining the benefits of base material. The process involves initiating polymerization on the polyolefin surface, which allows monomers or pre-polymers to attach to the backbone chains. This results in a structure where the grafted chains extend from the polymer surface. Thus, grafted polyolefins serve various applications, including adhesives, along with coatings and compatibilizers in polymer blends to provide tailored solutions to meet performance requirements.
MARKET HIGHLIGHTS
Grafted polyolefins market is projected to reach USD 3.3 billion over the forecast period, driven by its growing demand across multiple industries. Its applications in adhesives, coatings, and compatibilizers are responsible for driving this expansion, owing to the capacity of grafted polyolefins to improve the properties of material such as adhesion, compatibility, and mechanical strength. Additionally, increasing awareness regarding their benefits in enhancing product performance and sustainability is further encouraging its market adoption. Besides, stringent regulations that favor eco-friendly materials and a growing focus on recycling also positively contribute to the growth trajectory of the grafted polyolefins market. Thus, as industries look for innovative solutions to meet numerous challenges, the grafted polyolefins market will witness sustained growth during the forecasted period.
Grafted Polyolefins Market Segments:
- By Type
- Maleic Anhydride Grafted PE
- Maleic Anhydride Grafted PP
- Maleic Anhydride Grafted EVA
- Others
- By Application
- Adhesion Promotion
- Impact Modification
- Compatibilization
- Bonding
- By Vertical
- Automotive
- Packaging
- Textile
- Others
MARKET DYNAMICS
Growth Drivers
Increasing Demand Across End-Use Industries is Promoting Growth in the Market
Improvements in Technology Will Act as a Catalyst for Market Growth
Restraint
Cost Considerations in the Grafted Polyolefins Market Will Impact its Growth
Key Players
- Arkema SA
- Dow Inc.
- LyondellBasell Industries N.V.
- Exxon Mobil Corporation
- SABIC (Saudi Basic Industries Corporation)
- Mitsui Chemicals, Inc.
- Sumitomo Chemical Co., Ltd.
- BASF SE
- DuPont de Nemours, Inc.
- Eastman Chemical Company
- Chevron Phillips Chemical Company LLC
- Braskem S.A.
- Borealis AG
- Reliance Industries Limited
- INEOS Group AG
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
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