Global Anionic Polymerization Market, By Monomer (Non-Polar Vinyl Compounds, Polar Electrophilic Vinyl Compounds, Cyclic Ethers, Esters, Siloxanes, Others), Application (Polyethylene, Polypropylene, Polyvinyl Chloride, Polystyrene, ABS (Acrylonitrile Butadiene Styrene), Others), Technique (High Vacuum Techniques, Schlenk Line and Glove Box Techniques) – Industry Trends and Forecast to 2029
Market Analysis and Size
Over the last few years, there has been immense growth in the chemical industry. Additionally, anionic polymerization is gaining popularity across the various end-use industries. This factor is anticipated to accelerate the overall pace of the market growth globally.
Global Anionic Polymerization Market was valued at USD 5160.00 million in 2021 and is expected to reach USD 7918.98 million by 2029, registering a CAGR of 5.50% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Monomer (Non-Polar Vinyl Compounds, Polar Electrophilic Vinyl Compounds, Cyclic Ethers, Esters, Siloxanes, Others), Application (Polyethylene, Polypropylene, Polyvinyl Chloride, Polystyrene, ABS (Acrylonitrile Butadiene Styrene), Others), Technique (High Vacuum Techniques, Schlenk Line and Glove Box Techniques)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Market Players Covered
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Adeka Corporation (Japan), Akzo Nobel N.V. (Netherlands), Arkema S.A. (France), Asia Kimindo Prima (Indonesia), BASF SE (Germany), Celanese Corporation (U.S.), DONGSUNG HOLDINGS (South Korea), Lanxess (Germany), LyondellBasell Industries N.V. (Netherlands), Merck KGaA (Germany), Mitsubishi Gas Chemical Company, Inc., (Japan), MPI Chemie B.V. (Netherlands), NOF CORPORATION (Japan), Nouryon (Netherlands), Otsuka Chemical Co., Ltd. (Japan) PERGAN (Germany), Evonik Active Oxygens, LLC. (U.S.) andTokyo Chemical Industry Co., Ltd. (Japan)
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Market Opportunities
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Market Definition
Anionic polymerization is a type of chain-growth polymerization in which vinyl monomers with strong electronegative groups are polymerized. Synthetic polydiene rubbers, solution styrene-butadiene rubbers (SBR), and thermoplastic styrenic elastomers are all made using this method of polymerization.
Anionic Polymerization Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- High Demand Across End Users
The growing demand of high-performance polymer, high demand from various end-user industries along with rising demand for organic peroxides from coating, elastomer and adhesives manufacturers is estimated to carve a way for the growth of the market.
Additionally, the growth and expansion of various end use industries across the globe will also drive market value growth. The rapid industrialization and the surge in disposable income are projected to bolster the market's growth.
Opportunities
- Growth in Research Activities and Awareness
Furthermore, the surging number of research activities for the development of advanced solutions extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the rising awareness about the benefits of anionic polymerization will further expand the future growth of the anionic polymerization market.
Restraints/Challenges
- Regulations associated with Recycled Polymer
The increasing regulations on the use of recycled polymer will create hindrances for the growth of the anionic polymerization market.
- Concerns Regarding Safety
The rising concern regarding safety has further negatively affected the market's overall growth. This factor will challenge the anionic polymerization market growth rate.
This anionic polymerization market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the anionic polymerization market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Anionic Polymerization Market
The recent outbreak of coronavirus had a negative impact on the anionic polymerization market. Due to numerous precautionary lockdowns imposed by governments to control the spread of disease, substantial interruptions in various production and supply-chain processes have resulted in significant financial losses for the market. Furthermore, consumer demand has declined as people have become more focused on cutting non-essential expenses from their budgets as a result of the outbreak's negative impact on the general economic status of most people. The aforementioned determinants will have an impact on the market's revenue trajectory over the forecast period.
On the plus side, as individual regulatory bodies begin to relax these imposed lockdowns, the market is expected to recover. As a result of the suspended and canceled operations, the market is expected to expand.
Global Anionic Polymerization Market Scope
The anionic polymerization market is segmented on the basis of monomer, technique and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Monomer
- Non-Polar Vinyl Compounds
- Polar Electrophilic Vinyl Compounds
- Cyclic Ethers
- Esters
- Siloxanes
- Others
Application
- Polyethylene
- Polypropylene
- Polyvinyl Chloride
- Polystyrene
- ABS (Acrylonitrile Butadiene Styrene)
- Others
Technique
- High Vacuum Techniques
- Schlenk Line
- Glove Box Techniques
Anionic Polymerization Market Regional Analysis/Insights
The anionic polymerization market is analyzed and market size insights and trends are provided by country, monomer, technique and application as referenced above.
The countries covered in the anionic polymerization market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the e easy availability of labor at a low price along with rising number of industries within the region.
Asia-Pacific, on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the increasing research activities that will help in the development of advanced and technical solutions in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Anionic Polymerization Market Share Analysis
The anionic polymerization market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to anionic polymerization market.
Some of the major players operating in the anionic polymerization market are
- Adeka Corporation (Japan)
- Akzo Nobel N.V. (Netherlands)
- Arkema S.A. (France)
- Asia Kimindo Prima (Indonesia)
- BASF SE (Germany)
- Celanese Corporation (U.S.)
- DONGSUNG HOLDINGS (South Korea)
- Lanxess (Germany)
- LyondellBasell Industries N.V. (Netherlands)
- Merck KGaA (Germany)
- Mitsubishi Gas Chemical Company, Inc., (Japan)
- MPI Chemie B.V. (Netherlands)
- NOF CORPORATION (Japan)
- Nouryon (Netherlands)
- Otsuka Chemical Co., Ltd. (Japan)
- PERGAN (Germany)
- Evonik Active Oxygens, LLC. (U.S.)
- Tokyo Chemical Industry Co., Ltd. (Japan)
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