Global Amorphous Polyalphaolefin (APAO) Market is Estimated to Reach $462 Billion by 2025, Says Accurize Market Research
Global Amorphous Polyalphaolefin (APAO) Market report published by Accurize Market Research forecast that the global market is expected to reach $462 billion by 2025; growing at a CAGR of 4.6% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
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Growing packaging industry and rising demand for personal hygiene products to drive the growth of the market
Growing packaging industry and rising demand for personal hygiene products across the globe fuels the demand for the global amorphous polyalphaolefin (APAO) market. Furthermore, rising significance of APAO in automobile industry and its rising demand across various regionsalso boosts the growth of the market.
The global amorphous polyalphaolefin (APAO) market has been bifurcated on the basis of product type, method type, application and geography. Product type segment is segmented as homopolymers of polypropylene, copolymers and terpolymers of ethylene, propylene and 1-butene. Method type segment includes spraying, pumping, roll coating, slot die coating, and extrusion. Further, application contains automotive, woodworking, bookbinding, personal hygiene, packaging, wire and cable, building and construction and others. By geography the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW).
Top players in the market
The key market players include 3m, Adtek, Arkema, Ashland, Avery Dennison, Bond Tech Industries, Chevron Phillips Chemical, Delo, The Dow Chemical Co., Dymax Corp., Eastman Chemical Co., Evans Adhesive Corp. Ltd., Evonik Industries Ag, Forest Chemical Group S.A., Franklin International Inc. and Gitace Adhesives Technology among others.
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