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Chlorinated polyolefins adhesives are produced through the polyolefine chlorination treatment. These are light yellow in nature Polyolefin chlorinated polymers are incredibly versatile as they can act as strong thermoplastics and elastic elastomers. Chlorinated polyolefins most widely used are chlorinated polyethylene (CPE) and chlorinated polypropylene. There are some special properties of chlorinated polyolefins, such as strength and durability, resistance to oil, fire resistance, and others.
Chlorinated polyolefins are added to the polypropylene bumpers for painting car components and rim caps.They are ideal for clear and demanding coatings. In plastic substrates, they are added for polyvinyl chloride ( PVC) to significantly boost its compression strength as the smooth and rubbery structure of CPE is easily incorporated in the polymer blend. The main growth driver for chlorinated polyolefins adhesives is its usage as an adhesion booster and PVC pipes and reliability contributes to demand growth in the finished product to minimize fracturing and improve shine. However uncertainties in prices of crude oil is affecting chlorinated polyolefins market. In addition, specific chlorinated substances, such as chlorinated polyethylene, have been restricted from usage by certain regulations which means the use of these items are allowed temporirly but would in long term be substituted which in turn holds down market growth.
Based on the type, the market is classified into chlorinated polyethylene and chlorinated polypropylene. Based on the application, the market is classified into plastics & composites, paints & coatings, rubber, adhesives, metals, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Key Market Driver -
Increasing application in automobile sector drives the market.
Key Market Restraint -
Uncertainties in prices of raw materials and strict regulations will restrict growth.
The global chlorinated polyolefin adhesion promoter market is fairly fragmented, with number of players operating in the global markets. Some of the key players in the global chlorinated polyolefin adhesion promoter market includes Momentive Performance Materials Inc., Eastman Chemical Company, Dow Corning Corporation, BASF SE, Arkema SA, Evonik Industries AG ALTANA AG, Air Products and Chemicals, Inc., Sika and AkzoNobel NV and others.
The global chlorinated polyolefin adhesion promotermarket has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific dominates the market for chlorinated polyolefin adhesion promoter. owing to growth in the automotive and construction industries from emerging countries. Product advances, strong research and development ventures and growing demand from various end-use industries have also boosted demand for chlorinated polyolefin adhesion promoter in these regions. North America has a large market share. Increased awareness of the people and rise disposable income that has led to heavy investments in the automobile sector and hence driving the market growth of the chlorinated polyolefin adhesion promoter in the region. Europe is seeing strong market growth. This is due to the strong automobile base and growth of automotive industry thus the demand of chlorinated Polyolefins for applications in automotive is also expected to be high. The Middle East and the African region will be among the recent advances in regional industrial growth, particularly in the advancement of production facilities. Latin America shows sluggish growth due to the lack of manufacturing bases present in the region.
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In September 2016, Sika, the Swiss multinational chemical manufacturing company, launched a new facility in Brazil for adhesives and acoustic coating materials. This development made the organization exploit the capability of Latin America's car industry by delivering greater, secure and close to zero-noise vehicles.
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