Methylpentene Copolymer Market Report, by End-use Industry (Electrical and Electronics, Chemical, Pharmaceuticals, Packaging, Automotive, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2018-2026

  • Published On : Dec 2018 |
  • Pages : 147 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

­­­Global Methylpentene Copolymer Market - Insights

Methylpentene copolymer is a thermoplastic polymer. It shows properties such as transparency, low moisture absorption, high thermal stability, good electrical and acoustical properties, chemical resistance, good dielectric characteristics, and excellent optical properties. Copolymers of 4-methyl-1-pentene are commercially used, owing to its transparency and robust processing behavior. It is used in various applications such as laboratory apparatus, medical equipment, ovenware, wire and cable coating, sonar covers, ultrasonic transducer heads, speaker cones, optical components, baking cartons, animal cages, and heat resistant non-woven materials, among others.

Methylpentene copolymer is a lightweight, high temperature polyolefin. It is available in the form of sheets, rods, tubes, and films. Rising applications of methylpentene copolymer in baking cartons, paper coatings, release film and paper, high-frequency films, and food packaging such as gas permeable packages for fruit and vegetables is driving growth of the global methylpentene copolymer market. According to the World Packaging Organization (WPO), packaging market is expected to be valued at US$ 1 trillion over the forecast period, which in turn will drive demand for methylpentene copolymer in the packaging industry.

Demand for methylpentene copolymer in manufacturing of electrical components such as LED molds and components of various electric equipment such as coffee maker is increasing significantly. Furthermore, growing electronics sector in the region is expected to aid in growth of the market. According to the U.S. Census Bureau, annual U.S. retail sales of electronics and appliances in 2011 was US$ 99.93 billion, which increased to US$ 103.52 billion in 2014. This growth in the electronics industry is driving growth of the methylpentene copolymer market.

The global methylpentene copolymer market was valued at US$ 392,943.9 thousands in 2017 and is expected to register a CAGR of 3.7% in terms of value, during the forecast period (2018 – 2025) to reach US$ 526,419.4 thousands by 2025.

Figure 1. Global Methylpentene Copolymer Market Share (%) (US$ ’000), By End-use Industry, 2017

Source: Coherent Market Insights, 2017-18

Asia Pacific held dominant position in the global methylpentene copolymer in 2017 and is expected to maintain its dominance throughout the forecast period. China, India, Japan, and South Korea are the major growth engines in this region. Moreover, presence of major players in this region such as Mitsui & Co., Ltd. and their initiatives to enhance their business is also expected to positively aid in growth of the market. For instance, in 2015, Foster Polymer Distribution, a business unit of Foster Corporation specializing in the distribution of medical polymers and additives, announced partnership with Mitsui Chemicals to distribute TPX polymethylpentene (PMP) olefin copolymer to the North America medical market.

Furthermore, according to the U.S. International Trade Association (ITA), medical device market in China was valued at US$ 56 billion in 2016 and increased by 20.1% from 2015. This growth in medical equipment industry is also fuelling growth of the methylpentene copolymer market in Asia Pacific, as methylpentene copolymer is used in manufacturing of medical equipment.

Figure 2. Global Methylpentene Copolymer Market Share (%) (US$ ‘000), By Region, 2017

 

Source: Coherent Market Insights, 2017-18

Rising environmental concerns is a major factor hampering growth of this market. Methylpentene copolymer (TPX) is considered eco-friendly, as it is halogen-free. However, any type of plastic in landfills takes several years to decompose and this leads to environmental pollution. Plastic pollution is a major environmental concern, globally. Around 4 Mn tons of garbage is disposed every day, out of which, 15% (0.60 Mn tons) comprises plastics. Plastics are expected to account for around 20% of the entire pollution in the next 25 years, as compared to an estimated 7% currently.

Major players operating in the global methylpentene copolymer market include Mitsui & Co., Ltd and RTP Company Inc.

Methylpentene copolymer is used in autoclavable laboratory and medical equipment, cookware, and microwave components, owing to properties such as good temperature stability. According to Coherent Market Insights’ analysis, the market for reprocessed medical devices, which includes sterilizable and autoclavable medical devices, is expected to witness a robust CAGR of 20.4% during the forecast period (2017-2025), which in turn will drive growth of the global methylpentene copolymer market.

Moreover, rising demand for methylpentene copolymer in LED molds due to its excellent electrical insulator properties is fueling growth of the global methylpentene copolymer market. According to the Coherent Market Insights’ analysis, global LED lighting market is projected to reach over US$ 120 billion by 2025, exhibiting a CAGR of 16.61% during the forecast period (2017-2025). This rapid growth in the LED lighting market is propelling growth of the global methylpentene copolymer market.

Market Dynamics

Europe is expected to be a lucrative region for players in this market with the U.K., Germany, and France being major growth engines in the region. This is attributed to rising demand from end-use industries such as electrical and electronics, chemical, pharmaceutical, and packaging, among others. According to the European Federation of Pharmaceutical Industries and Associations, in Europe, the pharmaceutical production was valued at US$ 270.33 billion in 2014, which increased to US$ 275.22 billion in 2015. Also, according to the Food and Agriculture Organization of the United Nations, total packaging material production of Europe was pegged at 49,000 MT in 2016, which showed positive growth from 46,000 MT in 2015.

Key features of the study:

  • This report provides in-depth analysis of the global methylpentene copolymer market and provides market size (US$ ‘000) and compound annual growth rate (CAGR %) for the forecast period (2018 – 2025), considering 2017 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
  • It profiles leading players in the global methylpentene copolymer market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies and future plans
  • Key companies covered as a part of this study include Mitsui & Co., Ltd and RTP Company Inc.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology upgradation, market expansion, and marketing tactics
  • The global methylpentene copolymer market report caters to various stakeholders in this industry including investors, suppliers, methylpentene copolymer manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the methylpentene copolymer market

Detailed Segmentation:

  • Global Methylpentene Copolymer Market, By End-use Industry:
    • Electrical and Electronics
    • Chemical
    • Pharmaceuticals
    • Packaging
    • Automotive
    • Others
  • Global Methylpentene Copolymer Market, By Region:
    • North America
      • U.S.
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
      • Canada
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
    • Europe
      • U.K.
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
      • Germany
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
      • Italy
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
      • France
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
      • Russia
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
      • Rest of Europe
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
    • Asia Pacific
      • China
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
      • India
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
      • Japan
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
      • ASEAN
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
      • Australia
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
      • South Korea
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
      • Rest of Asia Pacific
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
    • Latin America
      • Brazil
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
      • Mexico
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
      • Rest of Latin America
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
    • Middle East
      • GCC
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
      • Israel
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
      • Rest of Middle East
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
  • Africa
      • North Africa
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
      • Central Africa
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
      • South Africa
        • By End-use Industry:
          • Electrical and Electronics
          • Chemical
          • Pharmaceuticals
          • Packaging
          • Automotive
          • Others
  • Company Profiles
    • Mitsui & Co., Ltd.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • RTP Company Inc.

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet By End-use Industry
      • Market Snippet By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Merger and Acquisitions
      • New Product Approvals/Launches
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Methylpentene Copolymer Market, By End-use Industry, 2018- 2025 (US$ Thousands)
    • Introduction
      • Market Share Analysis, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, 2018 - 2025
      • Segment Trends
    • Electrical and Electronics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2025, (US$ Thousands)
    • Chemical
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2025, (US$ Thousands)
    • Pharmaceuticals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2025, (US$ Thousands)
    • Packaging
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2025, (US$ Thousands)
    • Automotive
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2025, (US$ Thousands)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2025, (US$ Thousands)
  5. Global Methylpentene Copolymer Market, By Region, 2018- 2025 (US$ Thousands)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, For Regions, 2018 - 2025
    • North America
      • Market Share Analysis, By Country, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2018 - 2025
        • U.S.
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
        • Canada
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2018 - 2025
        • U.K.
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
        • Germany
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
        • Italy
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
        • France
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
        • Russia
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2018 - 2025
        • China
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
        • India
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
        • Japan
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
        • Australia
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2018 - 2025
        • Brazil
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
    • Middle East
      • Market Share Analysis, By Country, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2018 - 2025
        • GCC
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
        • Israel
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
    • Africa
      • Market Share Analysis, By Country, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2018 - 2025
        • Northern Africa
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
        • Central Africa
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By End-use Industry, 2018- 2025 (US$ Thousands)
  6. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Mitsui & Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • RTP Company Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • Analyst Views
  7. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 70 market data tables* and 27 figures* on "Methylpentene Copolymer Market” - Global forecast to 2025.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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