Global Metallocene Market 2012-2016 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-26 09:45:01
The Global Metallocene market is to grow at a CAGR of 6.89 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for polymers with low molecular distribution, and other characteristics, which in turn has led to an increased consumption of metallocene catalysts by polymer manufacturing industries. The Global Metallocene market has also been witnessing the increasing focus on bringing new, innovative products and technology to the market place. However, the volatility of the raw material prices, which, in turn results in the rise of finished product prices could pose a challenge to the growth of this market.
Because the Global Metallocene market is a highly competitive market, manufacturers are creating new and innovative catalysts and exploring potential markets to increase their revenue. The Global Metallocene market is witnessing increased investment in R&D teams for the development of innovative products and services. In addition, leading vendors in the market are entering into strategic partnerships to address issues related to life cycle, selectivity, and recyclability of catalysts. These manufacturers are increasingly dedicating large resources to designing and developing new catalysts and related technologies. New high-performing catalysts, which offer improved selectivity, longer run-cycles, and other characteristics, are expected to be introduced in the market soon.
The Global Metallocene market is driven by several factors. One of the major drivers of this market is the increasing demand for polymers with low molecular distribution, and other characteristics, which in turn has led to an increased consumption of metallocene catalysts by polymer manufacturing industries.
One of the major challenges faced by this market is the volatility of raw material prices, which, in turn results in the rise of finished product prices.
The key vendors dominating this market space are Albemarle Corp., BASF SE, Chevron Phillips Co. LLC, and ExxonMobil Co.
Other vendors are Clariant AG, Ineos Technologies Ltd., LyondellBasell Industries N.V., Prime Polymer Co. Ltd., and UnivationTechnologies LLC.
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