Methyl Pentene Copolymer Market
Methyl pentene copolymer is a thermoplastic polymer of methyl pentene monomer units. It is a lightweight, high-temperature crystalline polyolefin. It possesses the lowest density among all other thermoplastic polymers with non-polar structure.
Global Methyl Pentene Copolymer Market – Market Dynamics
Methyl pentene copolymers is a lightweight, high-temperature polyolefin with excellent electrical insulator properties all these key factors are fueling the growth of the global methyl pentene copolymer market. Additionally, methylpentene copolymer offers properties such as heat resistance, impact resistance, and is lightweight, finding significant applications in the automotive industry. Hence, growth in the automotive industry is expected to boost the methyl pentene copolymer market. For instance, according to the China Association of Automobile Manufacturers and the Society of Indian Automobile Manufacturers, in 2016, sales of cars in China was 28 million units.
However, due to rising environmental concerns is a significant factor hampering the growth of this market. Plastic pollution is a major environmental concern nowadays. Around 4 Million tons of garbage is disposed of every day, out of which 0.60 Million tons are plastics.
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Global Methyl Pentene Copolymer Market – Segment Analysis
Based on the application the global methyl pentene copolymer market is broadly segmented as electric and electronics, pharmaceuticals, packaging, automotive and others. Among all these electric and electronics applications occupied the dominant market share owing to the rise in demand for methyl pentene copolymer in the manufacturing of electrical components such as LED molds and parts of various electric equipment. Also, growing electronics sector in the region is expected to propelling the growth of the market. According to the Census Bureau of the United States, annual retail sales of electronics and appliances in 2014 is USD 103.52 billion.
In the forecast period packaging applications is growing at a higher CAGR of XX% owing to rising applications of methyl pentene copolymer in high-frequency films, release film paper coatings, and food packaging such as gas permeable packages for fruit and vegetables is driving the growth of the global methyl pentene copolymer market.
Global Methyl Pentene Copolymer Market – Geographical Analysis
Global methyl pentene copolymer market is segmented by geographic region which includes North America, South America, Europe, Asia-Pacific, and Middle East & Africa. The Asia Pacific occupies the dominant share in the methyl pentene copolymer market and is expected to grow at a CAGR of XX% in the forecast period. This is due to rising demand from various industry sectors such as electrical and electronics, pharmaceuticals, chemical, automotive, packaging, and others. Furthermore, pharmaceutical manufacturer’s focuses towards establishing their manufacturing facilities in India and China, due to high medicine demand along with low initial investment and cost-effective labor are boosting the market. For instance, in 2016 according to the U.S. International Trade Association, the medical device market in China was increased to USD 56 billion in 2016.
Global Methyl Pentene Copolymer Market – Competitive Analysis
Significant players in the global methyl pentene copolymer market are Mitsui, RTP Company, Westlake plastics company Inc., Honeywell International Inc., Goodfellow Inc., Saint Gobain Norton, Merck KGaA, and others. Product launches, partnerships, and expansions are some of the strategies adopted by players to increase their market share. For instance, in 2015, Foster Polymer Distribution Corporation partnered with Mitsui Chemicals to distribute TPX polymethylpentene olefin copolymer to the North America medical market.
In March 2018, RTP Company one of the leading manufacturers of engineering thermoplastics is expanded into Poland to provide a consistent supply of their products to customers operating in Europe.
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Major Key Points of Global Methyl Pentene Copolymer Market
1.1 Research Methodology
1.2 Research Objective and Scope of the Report
3.1 Market Snippet by Applications
3.2 Market Snippet by Type
3.3 Market Snippet by Region
4.4 Impact Analysis
5.1 Porter’s Five Forces Analysis
5.2 Supply Chain Analysis
5.3 Pricing Analysis
5.4 Regulatory Analysis
5.5 Patent Analysis
6.1 Sheet methylpentene copolymer
6.2 Films methylpentene copolymer
6.3 Rods methylpentene copolymer
6.4 Others (includes tubes)
7.1 Electrical and Electronics
7.5 Others (includes Chemical industries)
8.1 North America
8.2.6 Rest of Europe
8.3 South America
8.3.3 Rest of South America
8.4 Asia Pacific
8.4.5 Rest of Asia Pacific
8.5 Middle East and Africa
9.1 Competitive Scenario
9.2 Competitor Methylpentene Copolymer Strategy Analysis
9.3 Comparative Product Portfolio Analysis
9.4 Market Positioning/Share Analysis
9.5 Mergers and Acquisitions Analysis
10.1 Mitsui Chemicals
10.2 RTP Company
10.3 Westlake plastics company Inc.
10.4 Honeywell International Inc.
10.5 Goodfellow Inc.
10.6 Saint Gobain Norton
10.7 Merck KGaA
10.8 Company 8
10.9 Company 9
10.10 Company 10
12.2 About Us and Services
12.3 Contact Us
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