Amorphous Polyalphaolefin (APAO) Market 2020 Industry Analysis, Opportunities and Forecast to 2025

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Pune, India -- (SBWire) -- 07/29/2020 --Amorphous Polyalphaolefin (APAO) Industry

Description

The global market for amorphous polyalphaolefins reached $345.0 million in 2018 and should reach $506.5 million by 2024, at a compound annual growth rate (CAGR) of 6.9% for the period of 2018-2024. APAO is an amorphous copolymer that is produced through the copolymerization of alpha olefin in the presence of a special catalyst such as a Zeigler-Natta catalyst. The term "APAO" includes polymers such as amorphous hexene (APH), copolymer amorphous ethylene (APE), homopolymer amorphous propylene (APP), amorphous butene (APB) and terpolymer ethylene.

APAO is a by-product of isotactic polypropylene (iPP). Currently, the production of APAO is possible with polymerization of propylene and ethylene, along with the invention of Ziegler-Natta (Z-N) catalyst has provided satisfactory results, as these are utilized in the polymerization process. AmAOs (enzyme 4-amorphen-11-ol synthase) are synthesized by a specially designed catalyst system based on a Z-N supported catalyst and an alkyl aluminum cocatalyst. Unlike other polymers, APAO does not have a well-defined and sharp melting point. Instead, as its temperature rises, it becomes softer, changing from a solid to a high viscosity fluid over a wide temperature range.

APAO-based adhesives have gained prominence in various manufacturing industries, including building and construction, packaging, personal hygiene, bookbinding, automotive and woodworking. APAO has significant properties such as quick setting time and resistance to moisture, and it can be used in various environmental conditions. As a result, it is ideal as a base polymer in hot-melt adhesives, paper laminating, elastomer extenders in sealants and pressure-sensitive adhesives. The advantages of APAO includes low odor, heat stability, cohesion and excellent binding with substrates. APAO can be applied by using different methods such as spraying, extrusion, rolls coating, slot coating and pumping. Further, APAO-based hot-melt adhesive is widely used in the production of automotive parts due to its capability to form the ideal bonds needed for the contraction and expansion of vehicle parts.

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Amorphous polyalphaolefin is increasingly being adopted for various purposes to serve a wide range of industries such as automotive, furniture, packaging, nonwoven hygiene, electronics and footwear. It features a useful blend of the chemical and physical properties required to form a versatile material that can be used in various adhesives including hot-melt adhesives (HMAs). It is prepared through direct reactor synthesis and is used in HMAs in large amounts. The benefits of APAO include resistance to moisture, chemicals and UV; corrosion inhibition; and ample availability of feedstock. In addition, it has excellent thermal stability, significant adhesion and hot tack properties. APAO's ability to bond with various substrates as well as its cohesion and gas barrier behavior are also a few of its significant properties. In addition, APAO has significant adhesion ability for various substrates such as polyethylene, polypropylene, polyurethane foam, paper, fiber and nonwovens. However, poor adhesion to low surface energy and smooth surface substrates and limited strength are some of the limitations of APAO.

Report Scope:

The rise in the pandemic—coronavirus—has currently halted the progress and impacting the economies across the world. With the measures taken by the various governments across the world to Lockdown their respective countries, especially the effected cities to contain the spread of the virus. It is estimated that the governments are taking necessary precautions to contain the economic slowdown. So, the report does not consider the impact, as it was not yet controlled and can be defined.

The global APAO market has significant scope due to APAO's wide range of applications and versatility in varied domains such as the automotive, packaging and personal care sectors, among others. This report has been segmented by type, end users, application and geography. The major geographies covered in the report include North America, Europe, Asia-Pacific (APAC) and the Rest of the World (RoW). Furthermore, a country-specific breakdown of the APAO market is also included in the report. Countries were included mainly based on total revenue generated. The major countries included in the report are the U.S., Canada, Germany, the U.K., Spain, Italy, France, China, Japan, Korea and India. Sales data for the global and regional markets was corroborated for the present, and forecast values were determined by statistical analysis.

Moreover, the contributions from global giants such as BASF SE, Eastman Chemical Co., Dow Chemical, DuPont, Evonik Industries AG and Huntsman Corp. to the APAO market will create significant scope in the market. Various strategies such as product launches, research and development (R&D), partnerships, collaborations, mergers and acquisitions, and the emergence of new players will keep the APAO market dynamic. New technology and hygienic applications with higher strength, versatility and flexibility will boost demand of APAO-based adhesives in automobile, building and construction, packaging and bookbinding.

Estimated values used are based on market players' total revenues; forecast revenue values are in constant U.S. dollars that have not been adjusted for inflation. Annual reports and forward-looking statements of APAO market players, annual sales of market players and the average cost of APAO were considered in the estimates for the market. Many APAO market players as well as manufacturers are profiled in the report for a better understanding of the market.

The report on the APAO market provides a market overview, assesses application markets, provides an end-user analysis and evaluates the APAO market by type, application, end user and geography. The major company profiles include a detailed introduction, product portfolios and recent developments. The report also includes regulatory aspects, current and developing technologies, market projections and market share.

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Report Includes:

- 38 data tables and 16 additional tables
- An overview of the global markets for amorphous polyalphaolefin (APAO) – an olefin-based thermoplastic polymer -- technologies within the polymer industry
- Analyses of the regional and country level market trends, with market sizing data from 2018 and 2019, and projections of compound annual growth rates (CAGRs) for a five-year forecast period through 2024
- Discussion of leading factors driving the APAO market growth, current and emerging trends, technology developments, and regulatory aspects that shape and influence the commercial marketplace
- Revenue forecast of the global APAO market and breakdown by type of polymers, end-user, application industry, geographical (regional) analysis in dollar value terms
- Market share analysis of the leading global APAO tech giants; their key competitive landscape, product portfolios, recent developments, and revenue sales etc.
- An exhaustive patent analysis with data corresponding to patent applications and grants to numerous stakeholders for related technologies and processes
- Company profiles of the leading market players including

3M
ADTEK
ARKEMA
ASHLAND
AVERY DENNISON
BOND TECH INDUSTRIES
CHEVRON PHILLIPS CHEMICAL
DELO
DYMAX CORP.
EASTMAN CHEMICAL CO.
EVANS ADHESIVE CORP. LTD.
EVONIK INDUSTRIES AG
FOREST CHEMICAL GROUP S.A.
FRANKLIN INTERNATIONAL INC.
GITACE ADHESIVES TECHNOLOGY
GLUE MACHINERY CORP.
GREAT EASTERN RESINS INDUSTRIAL CO. LTD.
GUANGDONG ORIENT YIGE NEW MATERIAL CO. LTD.
H.B. FULLER CO.
HENKEL AG & CO. KGAA
HUNTSMAN CORP.
ILLINOIS TOOL WORKS
JOWAT SE
LIAOYANG LIAOHUA QIDA CHEMICALS CO. LTD.
LORD CORP.
MACTAC LLC
MAPEI
NANPAO RESIN
REXtac LLC
RMP INTERNATIONAL INC.
ROYAL ADHESIVES AND SEALANTS
SIKA GROUP
SUN CROWN ADHESIVES
TEXYEAR INDUSTRIAL ADHESIVES PVT. LTD.
THE DOW CHEMICAL CO.
UNISEAL
WACKER CHEMIE AG
WANG CHEONG ADHESIVES
WISDOM ADHESIVES

Table of Contents

Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
APAO Technology Overview
Raw Material Analysis
Molecular Structure and Properties of APAO
Applications of Polypropylene Homopolymers
Applications of Copolymers
Applications of Ethylene Propylene Rubber
Applications of Terpolymer Ethylene, Propylene and 1-Butene
Market Drivers
Tremendous Demand from the Construction and Automotive Industries
Growing Demand for Lightweight and Low-Emission Automobiles
Rising Demand in Packaging Industries
Rising Demand for Personal-Hygiene Products
Restraints
Regular Fluctuations in the Raw Material Supply
Health-Related Problems with Hot-Melt Wax
Opportunities
Increasing Demand for Disposable Hygiene
Growing Popularity of Hot-Melt Adhesives
APAC Emerging as a Lucrative Region for the Growth of the APAO Market
Mixing APAO with Wax, Resins and Other Additives
Chapter 4 Market Breakdown by Product Type
Chapter 5 Market Breakdown by Method
Spraying
Pumping
Roll Coating
Slot Die Coating
Extrusion
Chapter 6 Market Breakdown by Application
Automotive
Woodworking
Bookbinding
Personal Hygiene
Packaging
Wire and Cable
Building and Construction
Others
Chapter 7 Market Breakdown by Region
Chapter 8 Competitive Landscape
Leading Companies
3M
Eastman Chemical Co.
Huntsman Corp.
Illinois Tool Works
The Dow Chemical Co.
Technological Advancements in APAO
Strategic Analysis (Mergers, Acquisitions and Joint Ventures)
Collaboration and Partnerships
Product Launches
Geographic Expansion
Chapter 9 Company Profiles

Continued...

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