Propylene Terpolymer Market: Study Provides In-depth Analysis of Market along with the Current Trends and Future Estimations (2019 – 2029)

The global propylene terpolymer market is expected to witness lucrative growth in the coming future due to its extensive use in the automotive industry. Propylene terpolymer is ethylene-propylene terpolymer along with diene, such as dicyclopentane diene, hexadiene, ethylene norborene, etc. It is generally produced by a solution or suspension process using Ziegler-Natta catalyst. The other method used for the production of propylene terpolymer is Metallocene Catalyst Technology, which was proposed by Dupont Dow. Propylene terpolymer is used in a wide range of applications including automotive, building & construction, lubricant, adhesive & sealant, packaging and electrical housing.

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Propylene terpolymer Market: Segmentation


The global Propylene terpolymer market is segmented on the basis of application and region.

Based on the application, the global propylene terpolymer market is segmented as:

Automotive
Building & Construction
Lubricant
Adhesive & Sealant
Packaging
Plastic Modification
Electrical & Electronics
Others

Automotive application in propylene terpolymer market accounts for a share of around 20% - 25% in the global propylene terpolymer market. However, adhesive & sealant will remain one of the emerging hotspots for propylene terpolymer in the long-term forecast.

Based on region, the global propylene terpolymer market is segmented as:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA
    
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Propylene terpolymer Market: Prominent market stakeholders


Key market stakeholders in the global propylene terpolymer market are Borealis AG, Mitsui Chemicals, Inc., LyondellBasell Industries Holdings B.V., Lanxess AG, Versalis S.p.A., JSR Corporation, SK global chemical Co., Ltd., Carlisle Companies Inc., DuPont Dow Elastomers, and ExxonMobil Corporation, amongst others. The propylene terpolymer market is consolidated by top-players that accounts for a majority share in the market.

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