Global Ionomer Increases Consumption Increases From 18670 MT In 2013 To 26563 MT In 2017
Wednesday, 26 Dec, 2018
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 account for nearly 63.99% of total downstream consumption of Ionomer in global.
Ionomer can be mainly divided into EAA copolymers, PFSA Ionomer and Other which EAA Copolymers captures about 83.18% of Ionomer market in 2017. According to our research and analysis, manufacturers from North America, Europe, Japan and China are the major leaders in the international market of Ionomer.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, Ionomer consumption will show a trend of steady growth. In 2024 the consumption of Ionomer is estimated to be 40848 MT. On product prices, the slow upward trend in recent years will maintain in the future.