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Ionomer Market Outlook and Growth Trends (2019-2025)

 

Los Angeles, CA -- (SBWIRE) -- 03/24/2019 -- This study focuses on the production side and consumption side of Ionomer, presents the global Ionomer market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Ionomer capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Ionomer by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

An ionomer is a polymer that comprises repeat units of both electrically neutral repeating units and a fraction of ionized units (usually no more than 15 mole percent) covalently bonded to the polymer backbone as pendant group moieties. This means that most ionomers are copolymers of the neutral segments and the ionized units, which usually consist of carboxylic acid groups. The classification of a polymer as an ionomer depends on the level of substitution of ionic groups as well as how the ionic groups are incorporated into the polymer structure.

Ionomers have unique physical properties including electrical conductivity and viscosity—increase in ionomer solution viscosity with increasing temperatures. Ionomers also have unique morphological properties as the non-polar polymer backbone is energetically incompatible with the polar ionic groups. As a result, the ionic groups will microphase separate into ionic-rich domains in most ionomers.

The global Ionomer industry has a rather high concentration. The major manufacturers are concentrated in China, North America, Europe and Japan, such as DuPont, Dow (SK), Honeywell, Asahi Kasei and Exxon Chemical Company. At present, DuPont is the world leader, holding 37.64% production market share in 2017.

The global consumption of Ionomer increases from 18670 MT in 2013 to 26563 MT in 2017. In 2017, the global Ionomer consumption market is led by USA and USA is the largest region consumption market, accounting for about 32.73% of global consumption of Ionomer.

Ionomer downstream is wide and recently Ionomer has acquired increasing significance in various fields of Golf Ball Covers, Food Packaging, Cosmetics and Medical Device Packaging and others. Globally, the Ionomer market is mainly driven by growing demand for Food Packaging and Cosmetics and Medical Device Packaging. They accounts for nearly 63.99% of total downstream consumption of Ionomer in global.

The Ionomer market was valued at 360 Million US$ in 2017 and is projected to reach 760 Million US$ by 2025, at a CAGR of 9.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Ionomer.

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This report includes the following manufacturers; we can also add the other companies as you want.

DuPont

Dow (SK)

Honeywell

Asahi Kasei

Exxon Chemical Company

Asahi Glass

Solvay

Dongyue Group

Market Segment by Product Type

EAA copolymers

PFSA Ionomer

Other

Market Segment by Application

Golf Ball Covers

Food Packaging

Cosmetics and Medical Device Packaging

Others

Key Regions split in this report:

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Malaysia

Philippines

Thailand

Vietnam

Europe

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