Global Amorphous Polyalphaolefin (APAO) Market report published by Accurize Market Research forecast that the global market is expected to reach $462 billion by 2025; growing at a CAGR of 4.6% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
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The growing packaging industry and rising demand for personal hygiene products to drive the growth of the market
The growing packaging industry and rising demand for personal hygiene products across the globe fuel the demand for the global amorphous polyalphaolefin (APAO) market. Furthermore, the rising significance of APAO in the automobile industry and its rising demand across various regions also boosts the growth of the market.
Market Segmentation
The global amorphous polyalphaolefin (APAO) market has been bifurcated on the basis of product type, method type, application, and geography. The product type segment is segmented as homopolymers of polypropylene, copolymers, and terpolymers of ethylene, propylene, and 1-butene. The method type segment includes spraying, pumping, roll coating, slot-die coating, and extrusion. Further, the application contains automotive, woodworking, bookbinding, personal hygiene, packaging, wire and cable, building and construction and others. By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW).
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Top players in the market
The key market players include 3m, Adtek, Arkema, Ashland, Avery Dennison, Bond Tech Industries, Chevron Phillips Chemical, Delo, The Dow Chemical Co., Dymax Corp., Eastman Chemical Co., Evans Adhesive Corp. Ltd., Evonik Industries Ag, Forest Chemical Group S.A., Franklin International Inc. and Gitace Adhesives Technology among others.
