Polypropylene Catalyst Market and its key opportunities and challenges

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Polypropylene Catalyst Market and its key opportunities and challenges

November 07
11:04 2019
Polypropylene Catalyst Market and its key opportunities and challenges

Browse 83 market data Tables and 28 Figures spread through 96 Pages and in-depth TOC on “Polypropylene Catalyst Market”
Polypropylene Catalyst Market by Type (Ziegler-Natta, Metallocene), Manufacturing Process (Bulk Process, Gas Phase Process), Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America)

The Polypropylene Catalyst Market was valued at USD 1.01 billion in 2016 and is projected to reach USD 1.46 billion by 2022, at a CAGR of 6.1% during the forecast period, as per a report by MarketsandMarkets. 

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How availability of alternative raw materials for PP production is a key opportunity?

Crude oil is the primary raw material source for PP The recent advancements in the shale gas sector have resulted in a shift from fuel-based petrochemicals to shale gas-based raw materials in the past few years. Coal-based raw materials are also being used by China on a large scale with almost all the raw materials derived from coal. Shale gas and coal are becoming cheaper than the fuels that are currently in use, which will increase the profitability of manufacturers using these materials for PP production. Therefore, the lowering costs of these raw materials will play a crucial role in the production of PP, which will, consequently, fuel the demand for PP Catalyst.

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Why development of cost-effective and hazard-free catalysts with improved properties poses a major challenge?

Phthalate-based ZN catalysts are potentially harmful to the environment and, hence, regulated by REACH. In 2003, LyondellBasell first developed and commercialized 4, di-ether (PP with narrow molecular weight distribution and succinate (PP with broad MWD) fifth-generation, phthalate-free, ZN PP Catalyst that have improved properties than that of the previous phthalate generation. Phthalate-based systems can be considered as a family of multipurpose catalysts, whereas both di-ether and succinate-based systems are considered as specialty drop-in catalysts. However, the recent initiative undertaken by LyondellBasell to commercialize mixed di-ether/succinate catalysts has helped in launching a multi-purpose high-performance fifth-generation, phthalate-free catalyst line. Currently, most of the Ziegler-Natta PP. catalysts consumed are fourth-generation catalysts, and the consumption of fifth-generation catalysts using non-phthalate internal components are still limited. However, with the stringent regulations set by REACH and the increasing pressure from purchasers, ZN catalyst offerings from various suppliers are expected to include more phthalate-free catalysts in the short-medium term.

Although metallocene catalysts offer better properties, currently their demand is less owing to the lack of cost competitiveness. With the recent developments, metallocene catalyst prices are expected to be competitive with other catalyst systems in the long term, and this will increase the demand for metallocene catalyst and hence will drive the PP Catalyst market.

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