Piperylene Market by Application and Geography - Forecast and Analysis 2020-2024

  • Published: Feb 2020
  • Pages: 151
  • SKU: IRTNTR41194
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The piperylene market size has the potential to grow by USD 428.50 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period because of the steady increase in year-over-year growth.

This report provides a detailed analysis of the market by application (adhesives, plastics, and others) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Braskem SA, Chevron Phillips Chemical Co. LLC, China Petrochemical Corp., Eastman Chemical Co., Kai Yen International Trading Corp., Lotte Chemical Corp., LyondellBasell Industries NV, Mitsui & Co. Ltd., NOVA Chemicals Corp., and Royal Dutch Shell Plc.

Market Overview

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Market Competitive Analysis

The piperylene market is moderately fragmented, and the degree of fragmentation will remain the same over the forecast period. Vendors are increasingly adopting both organic and inorganic growth strategies to remain competitive in the market. New product launches and growing focus on product approvals are organic growth strategies that the vendors are opting for. Lotte Chemical Corp., LyondellBasell Industries NV, Mitsui & Co. Ltd., NOVA Chemicals Corp., and Royal Dutch Shell Plc are some of the major market participants. Although the growing demand for piperylene-based adhesives will offer immense growth opportunities, the development of bio-based plastics will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this piperylene market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this piperylene market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Braskem SA
  • Chevron Phillips Chemical Co. LLC
  • China Petrochemical Corp.
  • Eastman Chemical Co.
  • Kai Yen International Trading Corp.
  • Lotte Chemical Corp.
  • LyondellBasell Industries NV
  • Mitsui & Co. Ltd.
  • NOVA Chemicals Corp.
  • Royal Dutch Shell Plc

Piperylene Market: Segmentation by Region

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APAC was the largest piperylene market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The increasing demand for infrastructure development and the presence of the highest number of plastic manufacturing plants in the world are some of the factors that will significantly influence piperylene market growth in this region.

Over 54% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for piperylene in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Piperylene Market: Segmentation by Application

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Industries are looking for adhesives that can meet multiple requirements, which will help them in lowering material costs. This has given rise to piperylene-styrene copolymer, which can be used for many adhesive applications. The demand for piperylene-styrene copolymer-based adhesives is rising across industries because they exhibit excellent adhesion on glass, steel, aluminum, wood, paper, leathers, and certain plastics.

The piperylene market share growth by the adhesives segment will be slower than the growth of the market by the plastics segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the piperylene market size.

Piperylene Market: Key Drivers and Trends

Piperylene-based adhesives are used for structural metal bonding, structural fiber-reinforced plastic bonding, interior trim, exterior trim, and glass bonding in automotive applications. These adhesives are commonly used in the production of automotive components and automobiles as they help in eliminating rivets and welds of external body panels, which reduces the overall vehicle weight. This, in turn, improves fuel efficiency, which is a crucial factor for the current day need to reduce pollution. Other than in the automotive industry, piperylene-based adhesives are also used in the construction industry to bind materials such as wood, glass, and contact cement. Moreover, these adhesives are cost-effective. The growing construction activities and the rising demand for automobiles are expected to drive the demand for piperylene-based adhesives, which is expected to drive the piperylene market growth over the forecast period.

  • Piperylene is a key ingredient in the formation of pressure-sensitive adhesive (PSA).
  • PSA is widely used for manufacturing pressure-sensitive labels, which is one of the key piperylene market trends.
  • The increase in e-commerce sales and demand for clean labels are boosting the demand for pressure-sensitive labels, which are easily accessible marketing tools.
  • The global pressure-sensitive label market is expected to register a CAGR of 5%-7% during the forecast period, which will drive the piperylene market growth.
  • The piperylene market is expected to grow at a CAGR of almost 6% during 2020-2024. 

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Piperylene Market: Key Highlights of the Report for the Forecast Period 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive piperylene market growth during the next five years
  • Precise estimation of the piperylene market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the piperylene market industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of piperylene market vendors 

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Value Chain Analysis
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market Outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Adhesives - Market size and forecast 2019-2024
  • Plastics - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Growing demand from emerging economies
  • Growing demand for PSA
  • Increasing vendor initiatives toward sustainable operations

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Braskem SA
  • Chevron Phillips Chemical Co. LLC
  • China Petrochemical Corp.
  • Eastman Chemical Co.
  • Kai Yen International Trading Corp.
  • Lotte Chemical Corp.
  • LyondellBasell Industries NV
  • Mitsui & Co. Ltd.
  • NOVA Chemicals Corp.
  • Royal Dutch Shell Plc

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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