Non-polyolefin commodity resins are
produced from Elastomers. The products thus manufactured can withstand extreme
temperatures and harsh operating environments. Non-polyolefin resins have high
tensile strength and its products are beneficial in insulating or protecting
delicate materials in different industries. Non-polyolefin commodity resins
withstand high temperatures and are fluid and abrasion resistant. They are
manufactured using some base materials like neoprene and Viton ®. Some of the
major segments of global non-polyolefin commodity resin market include
thermoplastic resins, aromatic polymers, and other non-polyolefin commodity
resins.
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The technological advancements in
this market are leading to the development of new products. This in turn is
fuelling the demand for non-polyolefin commodity resins in different
industries. The protection provided by these products to mechanical parts
against various harsh chemicals and extreme operating environments make them a
preferred option compared to other materials. Sturdiness and high tensile
strength are some of the beneficial characteristics of non-polyolefin resins
which are driving the market. The photographic printing paper includes
non-polyolefin resin that acts as a non-absorbing barrier layer. A photographic
printing paper is utilized in magazines and newspapers, and the implementation
of various promotional strategies is resulting in growing demand for this paper
which in turn is fuelling the non-polyolefin commodity resin market.
Non-polyolefin requires better
adhesives adding up to the cost of manufacturing or processing while it is
utilized in different industries. The high cost of manufacturing is incurred in
an attempt to eliminate the ill effects of polyolefin products. Such factors
are thereby restraining the overall market growth.
Some of the key participants of this
industry include BASF, China National Petroleum Corporation (CNPC), INEOS,
SABIC, Sinopec, Chevron Phillips Chemicals, Chi Mei, Hanwha Chemical
Corporation, ExxonMobil, The Dow Chemical Co., and Reliance Industries.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a review of
micro and macro factors essential for the existing market players and new
entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
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- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
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