We have an updated report [Version - 2024] available. Kindly sign up to get the sample of the report.
all report title image
  • Published In : Jan 2023
  • Code : CMI1572
  • Pages :147
  • Formats :
      Excel and PDF
  • Industry : Polymers and Resins

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.

Global methylpentene copolymer market was valued at US$ 350.00 Million in 2021 in terms of revenue, exhibiting a CAGR of 4.67 % during the forecast period (2022 to 2030).

Methylpentene Copolymer Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2021: US$ 350.00 Mn 
Historical Data for: 2017-2020 Estimated Year: 2022
Forecast Period 2022 to 2030 CAGR: 4.67 % Forecast Period: 2022-2030
Geographies covered:
  • By Region: North America, Latin America, Asia Pacific, Europe, Middle East, and Africa
Segments covered:
  • By End-use Industry: Electrical and Electronics, Chemical, Pharmaceuticals, Packaging, Automotive, and Others
Companies covered:

Mitsui & Co., Ltd and RTP Company Inc.

Growth Drivers:
  • Rising investment in research and development activities for new product development
  • Expansion of global production capacities
  • Growing demand from emerging markets
Restraints & Challenges:
  • Rising applications in baking cartons, paper coatings, which decreases the growth of methylpenetene copolymer market.

Drivers

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.

Methylpentene Copolymer Market have been tracking the direct impact of COVID-19 on this market, as well as the indirect impact from other industries. This report analyzes the impact of the pandemic on the Methylpentene Copolymer market from a Global and Regional perspective. The report outlines the market size, market characteristics, and market growth for Methylpentene Copolymer industry, categorized by type, application, and consumer sector. In addition, it provides a comprehensive analysis of aspects involved in market development before and after the Covid-19 pandemic. Report also conducted a PESTEL analysis in the industry to study key influencers and barriers to entry.

 Figure 1. Global Methylpentene Copolymer Market Value Share (%), By Region, 2021

METHYLPENTENE COPOLYMER MARKET

To learn more about this report, request a free sample copy

Market Restraints

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

Market Trends

  • Significant players in the global methylpentene copolymer market are Mitsui, RTP Company, Westlake plastics company Inc., Honeywell International Inc., Goodfellow Inc., Saint Gobain Norton, Merck KGaA, and others.
  • Product launches, partnerships, and expansions are some of the strategies adopted by players to increase their market share.

Figure 2. Global Methylpentene Copolymer Market value Share (%), By End-use Industry, 2021

METHYLPENTENE COPOLYMER MARKET

To learn more about this report, request a free sample copy

Recent Developments

  • In March 2018, RTP Company one of the leading manufacturers of engineering thermoplastics is expanded into Poland to provide a consistent supply of their products to customers operating in Europe.
  • On Nov 22, 2022,New Jersey, United States: This influential Methylpentene Copolymer Market report is a wonderful guide to achieve information or key data about market, emerging trends, product usage, motivating factors for customers, competitor strategies, brand positioning, customer preferences, and customer behaviour.

Competitive Section

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

Frequently Asked Questions

Global methylpentene copolymer market was valued at around US$ 350.00 Million in 2021.

The market was valued at US$ 350.00 Million in 2021 in terms of revenue, exhibiting a CAGR of 4.67 % during the forecast period (2022 to 2030).

Rapid growth in packaging industry is one of the major factors driving growth of the nmarket.

Rising applications of methylpentene copolymer in baking cartons, paper coatings, release film and paper, high-frequency films, and food packagingis one of the major factors that is expected to propel growth of the market over the forecast period.

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

The market is estimated to grow at around 4.67% CAGR in the forecast period (2022-2030).

View Our Licence Options

Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports

Customize Now

Want to Buy a Report but have a Limited Budget?

We help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail

Request Discount
Logo

Reliability and Reputation

ESOMAR
DUNS Registered
Clutch
DMCA Protected

9001:2015

Reliability and Reputation

27001:2022

Reliability and Reputation

EXISTING CLIENTELE

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients
trusted clients logo