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Amorphous Polyalphaolefin Market

Amorphous Polyalphaolefin Market by Product Type (Homo-polymer, Co-polymer, and Terpolymer) and Application (Paper & Packaging, Personal Hygiene, Wood Working, Adhesives, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A07684
Pages: 290
Jul 2021 | 792 Views
   
Author(s) : Nikhil Mittal , Eswara Prasad
Tables: 158
Charts: 62
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global amorphous polyalphaolefin market was valued at $375.8 million in 2020, and is projected to reach $649.3 million by 2030, growing at a CAGR of 5.6% from 2021 to 2030.

The amorphous polyalphaolefin market has been negatively impacted due to the wake of the COVID-19 pandemic, owing to its shutdown of operations in construction, automotive, and paper & packaging industries.

Amorphous polyalphaolefin (APAO) is manufactured through polymerization reaction with use of catalyst based on Z-N and alkyl aluminum. This process leads to formation of amorphous polyalphaolefin that has low level of crystallinity. It has perfect combination of physical and chemical properties making them suitable for formulation of hot melt adhesives.    

Amorphous-Polyalphaolefin-Market-2021-2030       

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Amorphous polyalphaolefins that are manufactured through direct synthesis are widely used for formulation of hot melt adhesives. Furthermore, hot melt adhesives can be formulated into structural or pressure sensitive adhesives. Automotive assembly line is a high-speed manufacturing process and use of hot melt adhesives has been proven to offer rapid and precise application at these assembly lines. In addition, these adhesives offer fire retardancy, making them suitable and versatile adhesives for joining components in the aerospace sector as well as other core structures in airborne vehicles. APAO properties such as chemical resistance, low volatility, adhesiveness, and they are capable of withstanding low & high temperatures makes them suitable to be used for applications such as pavement marking, sealing of bitumen sheets, and wood industry. All these factors collectively surge demand for amorphous polyalphaolefin, which augments the global market growth.

However, fluctuation in cost of raw materials that are used for formulation of amorphous polyalphaolefins, which is expected to hamper the market growth. 

Constructed roads are vulnerable to stress imparted by high traffic volumes and to sustain this stress, physical properties of roads need to be improved constantly. Use of amorphous APAO along with bituminous asphalt during pavement construction enhances structure of asphalt and improves its physical properties. In addition, pavements or roads based on amorphous APAO are capable of withstanding high stress load, offers resistance toward environmental conditions, and improves durability. It is a key factor that is anticipated to offer new opportunity in the global amorphous polyalphaolefin market

The global amorphous polyalphaolefin market analysis is done on the basis of product type, application, and region. Depending on product type, the market is divided into homo-polymer, co-polymer, and terpolymer. On the basis of application, it is fragmented into paper & packaging, personal hygiene, wood working, adhesives, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

The major companies profiled in this report include Liaoyang Liaohua Qida Chemicals Co. Ltd., Ter Hell & Co. GMBH, Exxonmobil Corporation, Chevron Phillips Chemical, Evonik Industries AG, REXtac LLC, Ineos Oligomers, Soltex, A S Harrison & Co. Pty Limited, and Labdhi Chemicals.

Amorphous polyalphaolefin market, by region

The Asia-Pacific amorphous polyalphaolefin market size is projected to grow at the highest CAGR of 6.3% during the forecast period, and accounted for 39.1% market share in 2020. This is attributed to proliferating demand for amorphous polyalphaolefins for applications such as manufacturing of hot melt adhesives, paper & packaging sector, road pavement, and lubricants.

Amorphous Polyalphaolefin Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific would exhibit highest CAGR of 6.3% during 2021-2030.

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Amorphous polyalphaolefin market, by product type

In 2020, by product type, the co-polymer segment was the largest revenue generator, and is anticipated to grow at a CAGR of 5.9% during the forecast period. APAO-based on copolymers offers beneficial properties such as improved processability, resistance to deformations, wettability, and enhanced resistance to heat that make it a perfect choice for formulation of low viscosity grade transmission oils.

Amorphous Polyalphaolefin Market
By Product Type

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Co-polymer product type is the most lucrative segment

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Amorphous polyalphaolefin market, by application

By application, the adhesives segment dominated the global market in 2020, and is anticipated to grow at a CAGR of 5.5% during the forecast period. This is attributed to the fact that adhesives are used in applications such as tapes, labels, packaging, graphics, and bonding of substrates. 

Amorphous Polyalphaolefin Market
By Application

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Personal hygiene application is projected as the fastest growing segment

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Key benefits for stakeholders

  • Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • It outlines the current amorphous polyalphaolefin market trends and future estimations from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets.
  • The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
  • The key drivers, restraints, and opportunities and their detailed impact analysis are explained in the study.
  • The profiles of key players and their key strategic developments are enlisted in the report.

Impact Of Covid-19 On The Global Amorphous Polyalphaolefin Market

  • Novel coronavirus is an incomparable global pandemic that has spread to over 180 countries and caused huge losses of lives and the economy around the globe.
  • The amorphous polyalphaolefin market has been negatively impacted due to the wake of the COVID-19 pandemic, owing to its dependence on construction, automotive, and paper & packaging industries. According to a report published by Wipro, the automotive industry witnessed 30% decline in sales from March 2019 to March 2020, owing to lockdowns and shutdowns of auto plants.
  • Several automotive companies have either shutdown or shrank their operations due to the risk of infections among workforce where amorphous polyalphaolefins are used for formulation of hot melt adhesives. Adhesives are used as a prime bonding material for hoods, grills, interior panels, and other vehicle parts. This has temporarily hampered demand for adhesives amid the COVID-19 period, which, in turn, has negatively impacted on the production and demand for amorphous polyalphaolefins.     
  • Amorphous APOs are used for formulation of pressure sensitive adhesives (PSA) and these PSA are used in construction and roofing tapes. Rise in number of COVID-19 infections has forced government bodies to impose strict lockdowns, which has affected deadlines of construction projects being delayed. Moreover, the construction sector accounted for 7.7% of global employment, and it was projected to reach 13.4% by 2022. However, current pandemic situation has created stress among workers and downfall in the revenue from the construction & building sector has impacted negatively on this sector.   

Key market segments

By Product Type

  • Homo-Polymer
  • Co-Polymer
  • Terpolymer

By Application

  • Paper & Packaging
  • Personal Hygiene
  • Wood Working
  • Adhesives
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

Key players in the global amorphous polyalphaolefin market are:

  • Liayong Liaohua Qida Chemicals Co. Ltd.
  • Ter Hell & Co. GMBH
  • Exxonmobil Corporation
  • Chevron Phillips Chemical
  • Evonik Industries AG
  • REXtac LLC
  • Ineos Oligomers
  • Soltex
  • A S Harrison & Co. Pty Limited
  • Labdhi Chemicals
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research

1.5.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter’s five forces analysis
3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Growing demand for amorphous polyalphaolefin in packaging industry
3.4.1.2.Growing awareness for personal hygiene products

3.4.2.Restraint

3.4.2.1.Volatility in raw material price

3.4.3.Opportunity

3.4.3.1.Increasing trends for lightweight and low emission vehicles

3.5.Value chain analysis
3.6.Pricing analysis
3.7.Impact of key regulations on the amorphous polyalphaolefin market
3.8.Impact of COVID-19 on the amorphous polyalphaolefin market
3.9.Patent analysis, 2014–2021

CHAPTER 4:AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUT TYPE

4.1.Overview

4.1.1.Market size and forecast, by product type

4.2.Homo-polymer

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market share analysis, by country

4.3.Co-polymer

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market share analysis, by country

4.4.Terpolymer

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market share analysis, by country

CHAPTER 5:AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION

5.1.Overview

5.1.1.Market size and forecast

5.2.Paper & packaging

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market share analysis, by country

5.3.Personal hygiene

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market share analysis, by country

5.4.Wood working

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market share analysis, by country

5.5.Adhesives

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market share analysis, by country

5.6.Others

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market share analysis, by country

CHAPTER 6:AMORPHOUS POLYALPHAOLEFIN MARKET, BY REGION

6.1.Overview

6.1.1.Market size and forecast

6.2.North America

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by product type
6.2.3.Market size and forecast, by application
6.2.4.Market share analysis, by country
6.2.5.U.S.

6.2.5.1.Market size and forecast, by product type
6.2.5.2.Market size and forecast, by application

6.2.6.Canada

6.2.6.1.Market size and forecast, by product type
6.2.6.2.Market size and forecast, by application

6.2.7.Mexico

6.2.7.1.Market size and forecast, by product type
6.2.7.2.Market size and forecast, by application

6.3.Europe

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by product type
6.3.3.Market size and forecast, by application
6.3.4.Market size and forecast, by country
6.3.5.Germany

6.3.5.1.Market size and forecast, by product type
6.3.5.2.Market size and forecast, by application

6.3.6.UK

6.3.6.1.Market size and forecast, by product type
6.3.6.2.Market size and forecast, by application

6.3.7.France

6.3.7.1.Market size and forecast, by product type
6.3.7.2.Market size and forecast, by application

6.3.8.Italy

6.3.8.1.Market size and forecast, by product type
6.3.8.2.Market size and forecast, by application

6.3.9.Spain

6.3.9.1.Market size and forecast, by product type
6.3.9.2.Market size and forecast, by application

6.3.10.Rest of Europe

6.3.10.1.Market size and forecast, by product type
6.3.10.2.Market size and forecast, by application

6.4.Asia-Pacific

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by product type
6.4.3.Market size and forecast, by application
6.4.4.Market size and forecast, by country
6.4.5.China

6.4.5.1.Market size and forecast, by product type
6.4.5.2.Market size and forecast, by application

6.4.6.Japan

6.4.6.1.Market size and forecast, by product type
6.4.6.2.Market size and forecast, by application

6.4.7.India

6.4.7.1.Market size and forecast, by product type
6.4.7.2.Market size and forecast, by application

6.4.8.South Korea

6.4.8.1.Market size and forecast, by product type
6.4.8.2.Market size and forecast, by application

6.4.9.Australia

6.4.9.1.Market size and forecast, by product type
6.4.9.2.Market size and forecast, by application

6.4.10.Rest of Asia-Pacific

6.4.10.1.Market size and forecast, by product type
6.4.10.2.Market size and forecast, by application

6.5.LAMEA

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by product type
6.5.3.Market size and forecast, by application
6.5.4.Market size and forecast, by country
6.5.5.Brazil

6.5.5.1.Market size and forecast, by product type
6.5.5.2.Market size and forecast, by application

6.5.6.Saudi Arabia

6.5.6.1.Market size and forecast, by product type
6.5.6.2.Market size and forecast, by application

6.5.7.South Africa

6.5.7.1.Market size and forecast, by product type
6.5.7.2.Market size and forecast, by application

6.5.8.Rest of LAMEA

6.5.8.1.Market size and forecast, by product type
6.5.8.2.Market size and forecast, by application

CHAPTER 7:COMPETITIVE LANDSCAPE

7.1.Introduction

7.1.1.Market player positioning, 2020

7.2.Top winning strategies

7.2.1.Top winning strategies, by year
7.2.2.Top winning strategies, by development
7.2.3.Top winning strategies, by company

7.3.Product mapping of top 10 players
7.4.Competitive dashboard
7.5.Competitive heatmap
7.6.Key developments

7.6.1.Expansions
7.6.2.Other developments

CHAPTER 8:COMPANY PROFILES

8.1.Liaoyang Liaohua Qida Chemicals Co. Ltd.

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Product portfolio

8.2.Ter Hell & Co. GMBH

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Product portfolio

8.3.Exxonmobil Corporation

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Operating business segments
8.3.4.Product portfolio
8.3.5.Business performance
8.3.6.Key strategic moves and developments

8.4.Chevron Phillips Chemical

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Operating business segments
8.4.4.Product portfolio
8.4.5.Business performance
8.4.6.Key strategic moves and developments

8.5.Evonik Industries AG

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Operating business segments
8.5.4.Product portfolio
8.5.5.Business performance
8.5.6.Key strategic moves and developments

8.6.REXtac LLC

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Product portfolio
8.6.4.Key strategic moves and developments

8.7.Ineos Oligomers

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Operating business segments
8.7.4.Product portfolio
8.7.5.Business performance
8.7.6.Key strategic moves and developments

8.8.Soltex

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Product portfolio

8.9.A S Harrison & Co. Pty Limited

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Operating business segments
8.9.4.Product portfolio

8.10.Labdhi Chemicals

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Product Portfolio

LIST OF TABLES

TABLE 01.AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 02.AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020-2030 (TON)
TABLE 03.AMORPHOUS POLYALPHAOLEFIN MARKET FOR HOMO-POLYMER, BY REGION, 2020–2030 ($MILLION)
TABLE 04.AMORPHOUS POLYALPHAOLEFIN MARKET FOR HOMO-POLYMER, BY REGION, 2020–2030 (TON)
TABLE 05.AMORPHOUS POLYALPHAOLEFIN MARKET FOR CO-POLYMER, BY REGION, 2020–2030 ($MILLION)
TABLE 06.AMORPHOUS POLYALPHAOLEFIN MARKET FOR CO-POLYMER, BY REGION, 2020–2030 (TON)
TABLE 07.AMORPHOUS POLYALPHAOLEFIN MARKET FOR TERPOLYMER, BY REGION, 2020–2030 ($MILLION)
TABLE 08.AMORPHOUS POLYALPHAOLEFIN MARKET FOR TERPOLYMER, BY REGION, 2020–2030 (TON)
TABLE 09.AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 10.AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020-2030 (TON)
TABLE 11.AMORPHOUS POLYALPHAOLEFIN MARKET FOR PAPER & PACKAGING, BY REGION, 2020–2030 ($MILLION)
TABLE 12.AMORPHOUS POLYALPHAOLEFIN MARKET FOR PAPER & PACKAGING, BY REGION, 2020–2030 (TON)
TABLE 13.AMORPHOUS POLYALPHAOLEFIN MARKET FOR PERSONAL HYGIENE, BY REGION, 2020–2030 ($MILLION)
TABLE 14.AMORPHOUS POLYALPHAOLEFIN MARKET FOR PERSONAL HYGIENE, BY REGION, 2020–2030 (TON)
TABLE 15.AMORPHOUS POLYALPHAOLEFIN MARKET FOR WOOD WORKING, BY REGION, 2020–2030 ($MILLION)
TABLE 16.AMORPHOUS POLYALPHAOLEFIN MARKET FOR WOOD WORKING, BY REGION, 2020–2030 (TON)
TABLE 17.AMORPHOUS POLYALPHAOLEFIN MARKET FOR ADHESIVES, BY REGION, 2020–2030 ($MILLION)
TABLE 18.AMORPHOUS POLYALPHAOLEFIN MARKET FOR ADHESIVES, BY REGION, 2020–2030 (TON)
TABLE 19.AMORPHOUS POLYALPHAOLEFIN MARKET FOR OTHERS, BY REGION, 2020–2030 ($MILLION)
TABLE 20.AMORPHOUS POLYALPHAOLEFIN MARKET FOR OTHERS, BY REGION, 2020–2030 (TON)
TABLE 21.AMORPHOUS POLYALPHAOLEFIN MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 22.AMORPHOUS POLYALPHAOLEFIN MARKET, BY REGION, 2020–2030 (TON)
TABLE 23.NORTH AMERICA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 24.NORTH AMERICA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 25.NORTH AMERICA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 26.NORTH AMERICA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 27.NORTH AMERICA AMORPHOUS POLYALPHAOLEFIN MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 28.NORTH AMERICA AMORPHOUS POLYALPHAOLEFIN MARKET, BY COUNTRY, 2020–2030 (TON)
TABLE 29.U.S. AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 30.U.S. AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 31.U.S. AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 32.U.S. AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 33.CANADA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 34.CANADA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 35.CANADA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 36.CANADA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 37.MEXICO AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 38.MEXICO AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 39.MEXICO AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 40.MEXICO AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 41.EUROPE AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 42.EUROPE AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 43.EUROPE AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 44.EUROPE AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 45.EUROPE AMORPHOUS POLYALPHAOLEFIN MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 46.EUROPE AMORPHOUS POLYALPHAOLEFIN MARKET, BY COUNTRY, 2020–2030 (TON)
TABLE 47.GERMANY AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 48.GERMANY AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 49.GERMANY AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 50.GERMANY AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 51.UK AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 52.UK AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 53.UK AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 54.UK AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 55.FRANCE AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 56.FRANCE AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 57.FRANCE AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 58.FRANCE AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 59.ITALY AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 60.ITALY AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 61.ITALY AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 62.ITALY AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 63.SPAIN AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 64.SPAIN AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 65.SPAIN AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 66.SPAIN AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 67.REST OF EUROPE AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 68.REST OF EUROPE AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 69.REST OF EUROPE AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 70.REST OF EUROPE AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 71.ASIA-PACIFIC AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 72.ASIA-PACIFIC AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 73.ASIA-PACIFIC AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 74.ASIA-PACIFIC AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 75.ASIA-PACIFIC AMORPHOUS POLYALPHAOLEFIN MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 76.ASIA-PACIFIC AMORPHOUS POLYALPHAOLEFIN MARKET, BY COUNTRY, 2020–2030 (TON)
TABLE 77.CHINA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 78.CHINA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 79.CHINA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 80.CHINA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 81.JAPAN AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 82.JAPAN AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 83.JAPAN AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 84.JAPAN AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 85.INDIA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 86.INDIA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 87.INDIA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 88.INDIA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 89.SOUTH KOREA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 90.SOUTH KOREA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 91.SOUTH KOREA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 92.SOUTH KOREA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 93.AUSTRALIA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 94.AUSTRALIA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 95.AUSTRALIA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 96.AUSTRALIA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 97.REST OF ASIA-PACIFIC AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 98.REST OF ASIA-PACIFIC AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 99.REST OF ASIA-PACIFIC AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 100.REST OF ASIA-PACIFIC AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 101.LAMEA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 102.LAMEA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 103.LAMEA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 104.LAMEA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 105.LAMEA AMORPHOUS POLYALPHAOLEFIN MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 106.LAMEA AMORPHOUS POLYALPHAOLEFIN MARKET, BY COUNTRY, 2020–2030 (TON)
TABLE 107.BRAZIL AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 108.BRAZIL AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 109.BRAZIL AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 110.BRAZIL AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 111.SAUDI ARABIA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 112.SAUDI ARABIA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 113.SAUDI ARABIA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 114.SAUDI ARABIA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 115.SOUTH AFRICA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 116.SOUTH AFRICA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 117.SOUTH AFRICA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 118.SOUTH AFRICA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 119.REST OF LAMEA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 120.REST OF LAMEA AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 121.REST OF LAMEA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 122.REST OF LAMEA AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 123.KEY EXPANSIONS (2017-2021)
TABLE 124.OTHER KEY DEVELOPMENTS (2017-2021)
TABLE 125.QIDA CHEM: COMPANY SNAPSHOT
TABLE 126.QIDA CHEM: PRODUCT PORTFOLIO
TABLE 127.TER CHEMICALS: COMPANY SNAPSHOT
TABLE 128.TER CHEMICALS: PRODUCT PORTFOLIO
TABLE 129.EXXON MOBIL: COMPANY SNAPSHOT
TABLE 130.EXXON MOBIL: OPERATING SEGMENTS
TABLE 131.EXXON MOBIL: PRODUCT PORTFOLIO
TABLE 132.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 133.EXXON MOBIL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 134.CHEVRON PHILLIPS CHEMICAL: COMPANY SNAPSHOT
TABLE 135.CHEVRON PHILLIPS CHEMICAL: OPERATING SEGMENTS
TABLE 136.CHEVRON PHILLIPS CHEMICAL: PRODUCT PORTFOLIO
TABLE 137.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 138.CHEVRON PHILLIPS CHEMICAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 139.ASHLAND GLOBAL HOLDINGS INC.: COMPANY SNAPSHOT
TABLE 140.EVONIK INDUSTRIES AG: OPERATING SEGMENTS
TABLE 141.EVONIK INDUSTRIES AG: PRODUCT PORTFOLIO
TABLE 142.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 143.DUPONT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 144.REXTAC LLC: COMPANY SNAPSHOT
TABLE 145.REXTAC LLC: PRODUCT PORTFOLIO
TABLE 146.REXTAC LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 147.INEOS: COMPANY SNAPSHOT
TABLE 148.INEOS: OPERATING SEGMENTS
TABLE 149.INEOS: PRODUCT PORTFOLIO
TABLE 150.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 151.INEOS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 152.SOLTEX: COMPANY SNAPSHOT
TABLE 153.SOLTEX: PRODUCT PORTFOLIO
TABLE 154.A S HARRISON: COMPANY SNAPSHOT
TABLE 155.A S HARRISON: OPERATING SEGMENTS
TABLE 156.A S HARRISON: PRODUCT PORTFOLIO
TABLE 157.LABDHI CHEMICALS: COMPANY SNAPSHOT
TABLE 158.LABDHI CHEMICALS: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.GLOBAL AMORPHOUS POLYALPHAOLEFIN MARKET SNAPSHOT, 2021–2030
FIGURE 02.AMORPHOUS POLYALPHAOLEFIN MARKET SEGMENTATION
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05.MODERATE BARGAINING POWER OF BUYERS
FIGURE 06.MODERATE THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE THREAT OF SUBSTITUTES
FIGURE 08.MODERATE COMPETITIVE RIVALRY
FIGURE 09.AMORPHOUS POLYALPHAOLEFIN MARKET DYNAMICS
FIGURE 10.VALUE CHAIN ANALYSIS
FIGURE 11.AMORPHOUS POLYALPHAOLEFIN MARKET, PRICING ANALYSIS, BY PRODUCT TYPE, USD/TONS
FIGURE 12.PATENT ANALYSIS, BY COUNTRY, 2021
FIGURE 13.PATENT ANALYSIS, BY APPLICANT, 2021
FIGURE 14.AMORPHOUS POLYALPHAOLEFIN MARKET, BY PRODUCT TYPE, 2020–2030 ($MILILION)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF AMORPHOUS POLYALPHAOLEFIN MARKET FOR HOMO-POLYMER,  BY COUNTRY, 2020 & 2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF AMORPHOUS POLYALPHAOLEFIN MARKET FOR CO-POLYMER,  BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF AMORPHOUS POLYALPHAOLEFIN MARKET FOR TERPOLYMER, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.AMORPHOUS POLYALPHAOLEFIN MARKET, BY APPLICATION, 2020–2030 ($MILLION)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF AMORPHOUS POLYALPHAOLEFIN MARKET FOR PAPER & PACKAGING,  BY COUNTRY, 2020& 2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF AMORPHOUS POLYALPHAOLEFIN MARKET FOR PERSONAL HYGIENE,  BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF AMORPHOUS POLYALPHAOLEFIN MARKET FOR WOOD WORKING,  BY COUNTRY, 2020& 2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF AMORPHOUS POLYALPHAOLEFIN MARKET FOR ADHESIVES,  BY COUNTRY, 2020& 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF AMORPHOUS POLYALPHAOLEFIN MARKET FOR OTHERS,  BY COUNTRY, 2020& 2030 (%)
FIGURE 24.AMORPHOUS POLYALPHAOLEFIN MARKET, BY REGION, 2020–2030 ($MILLION)
FIGURE 25.U.S. AMORPHOUS POLYALPHAOLEFIN MARKET REVENUE, 2020–2030($MILLION)
FIGURE 26.CANADA AMORPHOUS POLYALPHAOLEFIN MARKET REVENUE, 2020–2030($MILLION)
FIGURE 27.MEXICO AMORPHOUS POLYALPHAOLEFIN MARKET REVENUE, 2020–2030($MILLION)
FIGURE 28.GERMANY AMORPHOUS POLYALPHAOLEFIN MARKET REVENUE, 2020–2030($MILLION)
FIGURE 29.UK AMORPHOUS POLYALPHAOLEFIN MARKET REVENUE, 2020–2030($MILLION)
FIGURE 30.FRANCE AMORPHOUS POLYALPHAOLEFIN MARKET REVENUE, 2020–2030($MILLION)
FIGURE 31.ITALY AMORPHOUS POLYALPHAOLEFIN MARKET REVENUE, 2020–2030($MILLION)
FIGURE 32.SPAIN AMORPHOUS POLYALPHAOLEFIN MARKET REVENUE, 2020–2030($MILLION)
FIGURE 33.REST OF EUROPE AMORPHOUS POLYALPHAOLEFIN MARKET REVENUE, 2020–2030($MILLION)
FIGURE 34.CHINA AMORPHOUS POLYALPHAOLEFIN MARKET REVENUE, 2020–2030($MILLION)
FIGURE 35.JAPAN AMORPHOUS POLYALPHAOLEFIN MARKET REVENUE, 2020–2030($MILLION)
FIGURE 36.INDIA AMORPHOUS POLYALPHAOLEFIN MARKET REVENUE, 2020–2030($MILLION)
FIGURE 37.SOUTH KOREA AMORPHOUS POLYALPHAOLEFIN MARKET REVENUE, 2020–2030($MILLION)
FIGURE 38.AUSTRALIA AMORPHOUS POLYALPHAOLEFIN MARKET REVENUE, 2020–2030($MILLION)
FIGURE 39.REST OF ASIA-PACIFIC AMORPHOUS POLYALPHAOLEFIN MARKET REVENUE, 2020–2030($MILLION)
FIGURE 40.BRAZIL AMORPHOUS POLYALPHAOLEFIN MARKET REVENUE, 2020–2030($MILLION)
FIGURE 41.SAUDI ARABIA AMORPHOUS POLYALPHAOLEFIN MARKET REVENUE, 2020–2030($MILLION)
FIGURE 42.SOUTH AFRICA AMORPHOUS POLYALPHAOLEFIN MARKET REVENUE, 2020–2030($MILLION)
FIGURE 43.REST OF LAMEA AMORPHOUS POLYALPHAOLEFIN MARKET REVENUE, 2020–2030($MILLION)
FIGURE 44.MARKET PLAYER POSITIONING, 2020
FIGURE 45.TOP WINNING STRATEGIES, BY YEAR, 2017–2021
FIGURE 46.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2021 (%)
FIGURE 47.TOP WINNING STRATEGIES, BY COMPANY, 2017–2021
FIGURE 48.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 49.COMPETITIVE DASHBOARD
FIGURE 50.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 51.EXXON MOBIL: REVENUE, 2018–2020 ($MILLION)
FIGURE 52.EXXON MOBIL: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 53.EXXON MOBIL: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 54.CHEVRON PHILLIPS CHEMICAL: REVENUE, 2018–2020 ($MILLION)
FIGURE 55.CHEVRON PHILLIPS CHEMICAL: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 56.CHEVRON PHILLIPS CHEMICAL: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 57.EVONIK INDUSTRIES AG: REVENUE, 2018-2020 ($MILLION)
FIGURE 58.EVONIK INDUSTRIES AG: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 59.EVONIK INDUSTRIES AG: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 60.INEOS: NET SALES, 2017–2019 ($MILLION)
FIGURE 61.INEOS: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 62.INEOS: REVENUE SHARE BY REGION, 2020 (%)

 
 

According to the CXOs of leading companies, the global amorphous polyalphaolefin market is expected to exhibit high growth potential during the forecast period. Amorphous polyalphaolefin tend to melt at elevated temperature, which makes them suitable to be used for formulation of synthetic hot melt structural or pressure sensitive adhesives. In addition, other end-use industries where APAO are used include paper & packaging, diapers, wood working, and clothing. Hence, these factors propel the market growth.

Growth in demand for low viscosity lubricants such as transmission oils and rise in number of stringent regulations to minimize emission has attracted the automotive OEM sector toward use of light base oils. Low volatility and low viscosity at any operating temperature range of APAOs makes them suitable to be used for formulation of transmission oils and other automotive lubricants. In addition, viscosity index of amorphous polyalphaolefins makes them widely adopted material for formulation of industrial grade oils. Moreover, industrial oils that are used in applications that demand stability, elevated temperature range, and other extreme conditions employ APAOs for formulations of these oils. APAOs can also be used as viscosity boosters along with low viscosity fluids and mineral oils. This factor is expected to offer lucrative growth opportunities for the market in the future. 

Amorphous polyalphaolefins are used in the personal hygiene sector that includes applications such as baby diapers, feminine care products, and adult incontinency care. Moreover, paper lamination, labels, paper & packaging, and profile wrapping are other industries that use APAOs. Hence, APAOs is not only gaining immense attention in the market but is also emerging as a key strategy in terms of gaining additional market demand. 

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A. Rise in use of amorphous polyalphaolefin in packaging and growing awareness for personal hygiene products are the key factors boosting the amorphous polyalphaolefin market growth

A. The global amorphous polyalphaolefin market was valued at $375.8 million in 2020, and is projected to reach $649.3 million by 2030, growing at a CAGR of 5.6% from 2021 to 2030.

A. Liaoyang Liaohua Qida Chemicals Co. Ltd., Ter Hell & Co. GMBH, Exxonmobil Corporation, Chevron Phillips Chemical, Evonik Industries AG, REXtac LLC, Ineos Oligomers, Soltex, A S Harrison & Co. Pty Limited, and Labdhi Chemicals are the most established players of the global amorphous polyalphaolefin market.

A. Adhesives industry projected to increase the demand for amorphous polyalphaolefin Market

A. The global amorphous polyalphaolefin market analysis is done on the basis of product type, application, and region. Depending on product type, the market is divided into homo-polymer, co-polymer, and terpolymer. On the basis of application, it is fragmented into paper & packaging, personal hygiene, wood working, adhesives, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

A. Constructed roads are vulnerable to stress imparted by high traffic volumes and to sustain this stress, physical properties of roads need to be improved constantly. Use of amorphous APAO along with bituminous asphalt during pavement construction enhances structure of asphalt and improves its physical properties. In addition, pavements or roads based on amorphous APAO are capable of withstanding high stress load, offers resistance toward environmental conditions, and improves durability. It is the main driver of amorphous polyalphaolefin Market.

A. Personal hygiene and adhesives applications are expected to drive the adoption of amorphous polyalphaolefin

A. COVID-19 has impacted negatively on the amorphous polyalphaolefin market. This is attributed due to • Novel coronavirus is an incomparable global pandemic that has spread to over 180 countries and caused huge losses of lives and the economy around the globe. • The amorphous polyalphaolefin market has been negatively impacted due to the wake of the COVID-19 pandemic, owing to its dependence on construction, automotive, and paper & packaging industries. According to a report published by Wipro, the automotive industry witnessed 30% decline in sales from March 2019 to March 2020, owing to lockdowns and shutdowns of auto plants. • Several automotive companies have either shutdown or shrank their operations due to the risk of infections among workforce where amorphous polyalphaolefins are used for formulation of hot melt structural adhesives. Structural adhesives are used as a prime bonding material for hoods, grills, interior panels, and other vehicle parts. This has temporarily hampered demand for structural adhesives amid the COVID-19 period, which, in turn, has negatively impacted on the production and demand for amorphous polyalphaolefins. • Amorphous APOs are used for formulation of pressure sensitive adhesives (PSA) and these PSA are used in construction and roofing tapes. Rise in number of COVID-19 infections has forced government bodies to impose strict lockdowns, which has affected deadlines of construction projects being delayed. Moreover, the construction sector accounted for 7.7% of global employment, and it was projected to reach 13.4% by 2022. However, current pandemic situation has created stress among workers and downfall in the revenue from the construction & building sector has impacted negatively on this sector.

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