According to research report published by Allied Market Research, the global amorphous polyalphaolefin market size 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. increase in demand in the packaging industry and surge in awareness for personal hygiene products drive the global amorphous polyalphaolefin market. However, volatility in raw material prices hinders the market growth. On the other hand, trend of lightweight and low emission vehicles present new opportunities in the future. 

Access Full Summary Report: https://www.alliedmarketresearch.com/amorphous-polyalphaolefin-market-A07684  

The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage. 

 
The demand from application industries such as automotive, construction, and paper & packaging lowered down considerably due to the stoppage of day-to-day operations during the lockdown. However, the demand is estimated rise steadily during post-lockdown as operations begin with full capacity.