PUBLISHER: Polaris Market Research | PRODUCT CODE: 1526388
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1526388
The global grafted polyolefins market size is expected to reach USD 2,797.00 million by 2032, according to a new study by Polaris Market Research. The report "Global Grafted Polyolefins Market Size, Share, Trends, Industry Analysis Report: Information By Type (Maleic Anhydride Grafted PE, Maleic Anhydride Grafted PP, Maleic Anhydride Grafted EVA, and Others), By Processing Technology, By Application, By End-Use, and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) Market Forecast, 2024 - 2032." gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing concerns about environmental pollution and rising measures to combat greenhouse gas emissions are playing a vital role in driving demand for grafted polyolefins. The ongoing transition from traditional fuel-based vehicles to electric mobility is significantly propelling research activities on grafted polyolefins. Additionally, the increasing use of adhesives and sealants in industrial activities, primarily in construction, packaging, and electronics, is providing significant demand for grafted polyolefins.
In addition, the increasing disposable income of individuals worldwide is driving the demand for packaged goods, leading to a greater need for packaging solutions and raw materials such as grafted polyolefins. The rising interest in the potential advantages of using grafted polyolefins is generating new opportunities for growth in the global grafted polyolefins market.
Moreover, the higher availability, chemical resistance, lower cost, and lightweight of grafted polyolefins are expected to drive their utility in the marketplace. The growing development of waste recycling procedures is significantly boosting the expansion of the grafted polyolefin market. The increasing use of grafted polyolefins in electrical applications is further boosting the growth of the global market. It is widely adopted in the manufacturing of cables and wire insulators. Also, the growing demand for water proof fibers is anticipated to boost demand for the market in the coming years.
The melt grafting segment accounted for the largest market share owing to its increased convenience and lower production complexity.
The impact modification segment is projected to experience a larger revenue share due to its ability to offer durability and flexibility.
Asia Pacific is projected to register the fastest growth during the forecast period, driven by increasing demand for electric vehicles, followed by lithium-ion batteries.
The global players include Arkema, Borealis, Clariant, COACE, Dow, Guangzhou Lushan New Materials, LyondellBasell Industries Holdings, & Mitsubishi Chemical.
Polaris Market Research has segmented the grafted polyolefins market report based on type, processing technology, application, end-use, and region:
List of Tables:
List of Figures: