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メチルペンテン共重合体市場レポート:動向、予測、競合分析 (2031年まで)

Methylpentene Copolymer Market Report: Trends, Forecast and Competitive Analysis to 2031


出版日
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Lucintel
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英文 150 Pages
納期
3営業日
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メチルペンテン共重合体市場レポート:動向、予測、競合分析 (2031年まで)
出版日: 2025年03月21日
発行: Lucintel
ページ情報: 英文 150 Pages
納期: 3営業日
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  • 概要
  • 目次
概要

世界のメチルペンテン共重合体市場の将来は、電気・電子、製薬、自動車、包装市場に機会がありそうです。世界のメチルペンテン共重合体市場は、2025年から2031年にかけてCAGR 2.9%で成長すると予想されます。この市場の主な促進要因は、電気部品の製造におけるメチルペンテン共重合体の需要の高まりと、航空宇宙分野と自動車分野からの需要の拡大です。

  • Lucintel社の予測によると、種類別ではシートが、建設や包装を含む様々な産業で利用されるため、予測期間中に最も高い成長が見込まれます。
  • 用途別では、電気部品製造におけるメチルペンテン共重合体の需要増加により、電気・電子分野が引き続き最大となります。
  • 地域別では、電気・電子、医薬品、自動車など様々な産業分野からの需要増加により、アジア太平洋が予測期間中に最も高い成長を遂げると予想されます。

メチルペンテン共重合体市場の戦略的成長機会

メチルペンテン共重合体(MPC)市場は、さまざまな用途においていくつかの戦略的成長機会を提示しています。これらの機会を見極めることは、この分野の市場動向を利用し、イノベーションを推進しようとする企業にとって極めて重要です。

  • 医療・ヘルスケア用途:医療・ヘルスケア分野はMPCにとって大きな成長機会です。生体適合性や高い耐薬品性などの特性により、MPCは医療機器、診断、包装に最適です。高度なヘルスケアソリューションに対する需要の高まりが、この応用分野の成長を牽引しています。
  • 高性能包装ソリューション:MPCの軽量で耐久性のある特性は、高性能包装ソリューションにとって魅力的な選択肢となります。効率的で持続可能な包装材料に対する需要の高まりがこの分野の技術革新を促進し、消費財や産業用包装におけるMPCの成長可能性を提供しています。
  • 自動車産業:自動車業界は、その軽量性と耐衝撃性からMPCの利用を模索しています。メーカーが自動車の効率と安全性の向上を目指す中、MPCは部品や内装用途の貴重な材料選択肢となり、この分野での成長機会を生み出しています。
  • 電子・電気用途:MPCの電気絶縁特性は、電子・電気用途に適しています。技術が進歩し、電子機器がより複雑になるにつれ、MPCのような高性能材料への需要が高まり、この応用分野の成長を牽引しています。
  • 持続可能な製品イノベーション:持続可能性を追求する動きは、環境に優しい材料やプロセスに焦点を当てたMPCイノベーションの機会を生み出しています。リサイクル可能またはバイオベースのMPC製品の開発は、世界の持続可能性の目標と消費者の嗜好に合致し、市場拡大の新たな道を提供します。

こうした戦略的成長機会は、技術革新を促進し用途を拡大することで、メチルペンテン共重合体市場を再形成しています。企業がこうした機会を活用することで、MPC市場は継続的な成長と多様化が見込まれます。

メチルペンテン共重合体市場の促進要因・課題

メチルペンテン共重合体(MPC)市場は、技術の進歩、経済要因、規制の変更など、さまざまな促進要因・課題の影響を受けます。これらの要素を理解することは、市場の状況を把握し、成長機会を見出すために不可欠です。

メチルペンテン共重合体市場を牽引する要因は以下の通りです:

  • 技術進歩:ポリマーの加工技術と配合技術の革新により、MPCの性能が向上し、製造コストが削減されています。このような進歩により、特性に合わせた高品質な製品の開発が可能になり、市場の成長と応用分野の拡大が促進されます。
  • 高性能材料への需要の高まり:自動車、医療、包装などの業界において、軽量で耐久性のある高性能材料へのニーズが高まっており、MPCの需要を牽引しています。MPCのユニークな特性は、こうした用途にとって魅力的な選択肢となっています。
  • 持続可能性の重視:持続可能で環境に優しい製品へのシフトは、MPC市場の重要な促進要因です。企業はリサイクル技術やバイオベースの原料に投資し、世界の持続可能性の目標に沿い、より環境に優しい製品を求める消費者の需要に応えています。
  • 用途の拡大:MPCの多用途性は、医療機器や電子機器といった新しく多様な用途への採用につながっています。この様々な分野への拡大が市場の成長を促し、MPC生産者に新たな機会を生み出しています。
  • イノベーションのための規制支援:技術革新と先端材料の市場開拓を奨励する支援的な規制枠組みがMPC市場の成長を後押ししています。高性能で持続可能な材料を促進する規制は、MPCの進歩に有利な環境を育んでいます。

メチルペンテン共重合体市場の課題は以下の通りです:

  • 高い生産コスト:高品質のMPCを生産するためのコストは大きく、コスト重視の用途への採用が制限される可能性があります。MPCの市場範囲と競争力を拡大するためには、製造コストの課題に対処することが重要です。
  • 原材料の入手可能性:MPC生産に使用される原材料の入手可能性とコストは、市場力学に影響を与える可能性があります。サプライチェーンの混乱や原材料価格の変動は、生産の安定性や価格設定に影響を与える可能性があります。
  • 規制遵守:様々な用途、特に医療用包装や食品包装における厳しい規制要件を満たすことは難しい課題です。製品性能とコスト効率を維持しながらコンプライアンスを確保することは、MPCメーカーにとって重要な課題です。

メチルペンテン共重合体市場に影響を与える促進要因・課題は、業界を形成する複雑な力学を浮き彫りにしています。技術の進歩と高性能材料に対する需要の増加が成長を牽引している一方で、高い生産コストと規制遵守が依然として重要な課題となっています。これらの要因を理解することは、市場をナビゲートし、成長機会を活用するために不可欠です。

目次

第1章 エグゼクティブサマリー

第2章 世界のメチルペンテン共重合体市場:市場力学

  • イントロダクション、背景、分類
  • サプライチェーン
  • 業界の促進要因と課題

第3章 市場動向と予測分析 (2019年~2031年)

  • マクロ経済動向 (2019~2024年) と予測 (2025~2031年)
  • 世界のメチルペンテン共重合体市場の動向 (2019~2024年) と予測 (2025~2031年)
  • 世界のメチルペンテン共重合体市場:種類別
    • シート
    • ロッド
  • 世界のメチルペンテン共重合体市場:用途別
    • 電気・電子
    • 製薬
    • 自動車
    • 包装
    • その他

第4章 地域別の市場動向と予測分析 (2019年~2031年)

  • 世界のメチルペンテン共重合体市場:地域別
  • 北米のメチルペンテン共重合体市場
  • 欧州のメチルペンテン共重合体市場
  • アジア太平洋のメチルペンテン共重合体市場
  • その他地域のメチルペンテン共重合体市場

第5章 競合分析

  • 製品ポートフォリオ分析
  • 運用統合
  • ポーターのファイブフォース分析

第6章 成長機会と戦略分析

  • 成長機会分析
    • 世界のメチルペンテン共重合体市場の成長機会:種類別
    • 世界のメチルペンテン共重合体市場の成長機会:用途別
    • 世界のメチルペンテン共重合体市場の成長機会:地域別
  • 世界のメチルペンテン共重合体市場の新たな動向
  • 戦略的分析
    • 新製品の開発
    • 世界のメチルペンテン共重合体市場の生産能力拡大
    • 世界のメチルペンテン共重合体市場における企業合併・買収 (M&A)、合弁事業
    • 認証とライセンシング

第7章 主要企業のプロファイル

  • Mitsui
  • RTP Company
  • Westlake plastics company
  • Honeywell International
  • Goodfellow
  • Saint Gobain Norton
  • Merck KGaA
目次

The future of the global methylpentene copolymer market looks promising with opportunities in the electrical and electronic, pharmaceutical, automotive, and packaging markets. The global methylpentene copolymer market is expected to grow with a CAGR of 2.9% from 2025 to 2031. The major drivers for this market are the rising demand for methylpentene copolymer in the fabrication of electrical components and growing demand from the aerospace and automotive sectors.

  • Lucintel forecasts that, within the type category, the sheet is expected to witness the highest growth over the forecast period as it is utilized in various industries including construction and packaging.
  • Within the application category, electrical and electronics will remain the largest segment due to an increase in demand for methyl pentene copolymer in the manufacturing of electrical components.
  • In terms of region, APAC is expected to witness the highest growth over the forecast period due to increasing demand from various industry sectors, such as electrical and electronics, pharmaceuticals, and automotive.

Gain valuable insight for your business decisions with our comprehensive 150+ page report.

Emerging Trends in the Methylpentene Copolymer Market

The Methylpentene Copolymer (MPC) market is undergoing transformative changes driven by several emerging trends. These trends are reshaping the landscape by influencing product development, application areas, and market dynamics. Understanding these trends provides insight into how the MPC market is evolving and what to expect shortly.

  • Sustainability Focus: There is a growing emphasis on developing environmentally friendly MPC products. Companies are investing in recycling technologies and exploring bio-based raw materials to reduce environmental impact. This trend aligns with global sustainability goals and consumer demand for greener products, driving innovation in MPC formulations and production processes.
  • Technological Advancements: Advances in polymer processing and manufacturing technologies are enhancing the performance and cost efficiency of MPC products. Innovations such as improved extrusion techniques and advanced polymer blending are enabling the production of MPC with superior properties, broadening its application range, and increasing market competitiveness.
  • Medical and Healthcare Applications: MPC's use in medical and healthcare applications is expanding due to its unique properties, such as high clarity and chemical resistance. Developments in biocompatible MPC materials are facilitating their adoption in medical devices, diagnostics, and packaging, driving growth in this sector and meeting the demand for high-performance healthcare solutions.
  • Expansion into Emerging Markets: The MPC market is experiencing growth in emerging economies due to increasing industrialization and demand for high-performance materials. Companies are expanding their presence in regions such as Asia-Pacific and Latin America, capitalizing on the rising need for advanced materials in the packaging, automotive, and electronics industries.
  • Customization and High-Performance Solutions: There is a growing trend toward the customization of MPC products to meet specific performance requirements. This includes tailoring properties such as clarity, strength, and chemical resistance to suit diverse applications. High-performance MPC solutions are becoming increasingly important in specialized industries, driving innovation and market differentiation.

These emerging trends are significantly reshaping the Methylpentene Copolymer market by driving advancements in sustainability, technology, and application diversity. As the market evolves, these trends will continue to influence product development, market growth, and competitive dynamics.

Recent Developments in the Methylpentene Copolymer Market

Recent developments in the Methylpentene Copolymer (MPC) market reflect significant advancements across various sectors, influenced by technological innovations, regulatory changes, and evolving consumer demands. These developments are shaping the market's trajectory, highlighting new opportunities and challenges.

  • Advanced Manufacturing Techniques: Innovations in manufacturing techniques, such as improved polymerization methods and advanced extrusion technologies, are enhancing MPC performance and reducing production costs. These advancements allow for greater control over polymer properties, leading to higher-quality products and expanded application possibilities.
  • Sustainable Production Practices: The shift toward sustainable production practices is gaining momentum in the MPC market. Companies are adopting eco-friendly materials and processes, including recycling and the use of bio-based raw materials. This trend is driven by regulatory pressures and growing consumer demand for environmentally responsible products.
  • Expansion of Application Areas: The application scope of MPC is expanding into new industries, including medical devices, automotive, and electronics. This growth is fueled by the unique properties of MPC, such as high clarity, chemical resistance, and lightweight nature, making it suitable for a broader range of uses.
  • Technological Innovations in MPC Formulations: Recent innovations in MPC formulations are enhancing product performance. This includes the development of high-performance blends and composites that offer improved durability, flexibility, and resistance. These advancements are enabling MPC to meet the stringent requirements of specialized applications.
  • Market Growth in Emerging Economies: The MPC market is experiencing growth in emerging economies due to increasing industrial activity and demand for advanced materials. Investment in local manufacturing capabilities and infrastructure is driving market expansion in regions such as Asia-Pacific and Latin America.

These developments are driving significant changes in the Methylpentene Copolymer market, influencing production practices, application areas, and market growth. As the industry adapts to these changes, the MPC market is poised for continued evolution and expansion.

Strategic Growth Opportunities for Methylpentene Copolymer Market

The Methylpentene Copolymer (MPC) market presents several strategic growth opportunities across various applications. Identifying these opportunities is crucial for companies looking to capitalize on market trends and drive innovation in this sector.

  • Medical and Healthcare Applications: The medical and healthcare sectors represent a significant growth opportunity for MPC. Its properties, such as biocompatibility and high chemical resistance, make it ideal for use in medical devices, diagnostics, and packaging. The increasing demand for advanced healthcare solutions drives growth in this application area.
  • High-Performance Packaging Solutions: The lightweight and durable characteristics of MPC make it an attractive option for high-performance packaging solutions. The rise in demand for efficient and sustainable packaging materials is driving innovation in this area, offering growth potential for MPC in consumer goods and industrial packaging.
  • Automotive Industry: The automotive industry is exploring the use of MPC for its lightweight and impact-resistant properties. As manufacturers seek to improve vehicle efficiency and safety, MPC presents a valuable material choice for components and interior applications, creating growth opportunities in this sector.
  • Electronics and Electrical Applications: The electrical insulation properties of MPC make it suitable for electronics and electrical applications. As technology advances and electronic devices become more complex, the demand for high-performance materials like MPC is increasing, driving growth in this application area.
  • Sustainable Product Innovations: The push toward sustainability is creating opportunities for MPC innovations that focus on eco-friendly materials and processes. Developing recyclable or bio-based MPC products aligns with global sustainability goals and consumer preferences, offering new avenues for market expansion.

These strategic growth opportunities are reshaping the Methylpentene Copolymer market by driving innovation and expanding its applications. As companies leverage these opportunities, the MPC market is set for continued growth and diversification.

Methylpentene Copolymer Market Driver and Challenges

The Methylpentene Copolymer (MPC) market is influenced by various drivers and challenges, including technological advancements, economic factors, and regulatory changes. Understanding these elements is essential for navigating the market landscape and identifying growth opportunities.

The factors driving the methylpentene copolymer market include:

  • Technological Advancements: Innovations in polymer processing and formulation technologies are enhancing MPC performance and reducing production costs. These advancements enable the development of high-quality products with tailored properties, driving market growth and expanding application areas.
  • Increased Demand for High-Performance Materials: The growing need for lightweight, durable, and high-performance materials across industries such as automotive, medical, and packaging is driving the demand for MPC. Its unique properties make it an attractive choice for these applications.
  • Focus on Sustainability: The shift toward sustainable and eco-friendly products is a significant driver for the MPC market. Companies are investing in recycling technologies and bio-based raw materials, aligning with global sustainability goals and responding to consumer demand for greener products.
  • Expanding Applications: The versatility of MPC is leading to its adoption in new and diverse applications, such as medical devices and electronics. This expansion into various sectors is driving market growth and creating new opportunities for MPC producers.
  • Regulatory Support for Innovation: Supportive regulatory frameworks that encourage innovation and the development of advanced materials are driving growth in the MPC market. Regulations that promote high-performance and sustainable materials are fostering a favorable environment for MPC advancements.

Challenges in the methylpentene copolymer market include:

  • High Production Costs: The cost of producing high-quality MPC can be significant, which may limit its adoption in cost-sensitive applications. Addressing production cost challenges is crucial for expanding the market reach and competitiveness of MPC.
  • Raw Material Availability: The availability and cost of raw materials used in MPC production can impact market dynamics. Supply chain disruptions or fluctuations in raw material prices can affect production stability and pricing.
  • Regulatory Compliance: Meeting stringent regulatory requirements for various applications, particularly in medical and food packaging, can be challenging. Ensuring compliance while maintaining product performance and cost-effectiveness is a key challenge for MPC manufacturers.

The drivers and challenges impacting the Methylpentene Copolymer market highlight the complex dynamics shaping the industry. Technological advancements and increasing demand for high-performance materials are driving growth, while high production costs and regulatory compliance remain key challenges. Understanding these factors is essential for navigating the market and leveraging growth opportunities.

List of Methylpentene Copolymer Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies methyl pentene copolymer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the methyl pentene copolymer companies profiled in this report include-

  • Mitsui
  • RTP Company
  • Westlake plastics company
  • Honeywell International
  • Goodfellow
  • Saint Gobain Norton
  • Merck KGaA

Methylpentene Copolymer by Segment

The study includes a forecast for the global methylpentene copolymer market by type, application, and region.

Methylpentene Copolymer Market by Type [Analysis by Value from 2019 to 2031]:

  • Sheet
  • Rod
  • Film

Methylpentene Copolymer Market by Application [Analysis by Value from 2019 to 2031]:

  • Electrical and Electronics
  • Pharmaceuticals
  • Automotive
  • Packaging
  • Others

Methylpentene Copolymer Market by Region [Analysis by Value from 2019 to 2031]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

Country Wise Outlook for the Methylpentene Copolymer Market

The Methylpentene Copolymer (MPC) market has experienced notable changes recently, driven by advancements in technology, evolving industry demands, and shifts in global economic conditions. This versatile polymer is valued for its lightweight and high-performance properties, making it crucial for various applications, from packaging to medical devices. As key markets in the United States, China, Germany, India, and Japan adapt to new trends and innovations, the landscape of the MPC market continues to evolve, reflecting broader industry and economic shifts.

  • United States: In the U.S., the MPC market has seen increased investment in research and development, particularly in enhancing polymer properties to meet stringent regulatory standards. There is a growing focus on sustainability, with companies exploring recycling methods and alternative raw materials. Advances in manufacturing technologies are also contributing to cost reductions and improved product performance. These factors are driving the expansion of MPC applications in the medical and packaging sectors, where high-performance materials are essential.
  • China: China's MPC market is characterized by rapid growth due to booming industrialization and increased demand for high-performance materials. Key developments include significant expansions in manufacturing capabilities and investments in new technologies. The government's push for high-tech and eco-friendly materials is fostering innovation, while domestic manufacturers are scaling up production to meet both local and international demand. The emphasis on research and development is helping to improve the quality and applications of MPC in various industries, including automotive and electronics.
  • Germany: Germany is witnessing advancements in MPC technology driven by its strong focus on industrial innovation and sustainability. German companies are leading in the development of advanced MPC formulations that offer enhanced performance for high-tech applications, such as medical devices and automotive parts. There is also a growing trend toward the integration of recyclable and bio-based materials in MPC production. Germany's emphasis on quality and precision continues to support its role as a key player in the global MPC market.
  • India: In India, the MPC market is evolving with increasing investments in industrial infrastructure and technological advancements. The focus is on improving the cost-efficiency of MPC production while expanding its applications in the packaging and automotive sectors. There is a rising interest in sustainable and cost-effective solutions, driven by both domestic demand and export opportunities. Government initiatives to boost the manufacturing sector and support innovation are contributing to the growth and development of the MPC market in India.
  • Japan: Japan's MPC market is characterized by cutting-edge technological advancements and a strong emphasis on high-performance applications. Japanese companies are at the forefront of developing new MPC formulations and manufacturing processes that enhance product quality and performance. The market is also seeing increased demand for MPC in specialized fields such as electronics and medical devices. Japan's focus on innovation and sustainability is driving the growth of the MPC market, positioning it as a key player in the global industry.

Features of the Global Methylpentene Copolymer Market

Market Size Estimates: Methylpentene copolymer market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Methylpentene copolymer market size by type, application, and region in terms of value ($B).

Regional Analysis: Methylpentene copolymer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the methylpentene copolymer market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the methylpentene copolymer market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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This report answers following 11 key questions:

  • Q.1. What are some of the most promising, high-growth opportunities for the methylpentene copolymer market by type (sheet, rod, and film), application (electrical and electronics, pharmaceuticals, automotive, packaging, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
  • Q.2. Which segments will grow at a faster pace and why?
  • Q.3. Which region will grow at a faster pace and why?
  • Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
  • Q.5. What are the business risks and competitive threats in this market?
  • Q.6. What are the emerging trends in this market and the reasons behind them?
  • Q.7. What are some of the changing demands of customers in the market?
  • Q.8. What are the new developments in the market? Which companies are leading these developments?
  • Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
  • Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
  • Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Methylpentene Copolymer Market : Market Dynamics

  • 2.1: Introduction, Background, and Classifications
  • 2.2: Supply Chain
  • 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

  • 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
  • 3.2. Global Methylpentene Copolymer Market Trends (2019-2024) and Forecast (2025-2031)
  • 3.3: Global Methylpentene Copolymer Market by Type
    • 3.3.1: Sheet
    • 3.3.2: Rod
    • 3.3.3: Film
  • 3.4: Global Methylpentene Copolymer Market by Application
    • 3.4.1: Electrical and Electronics
    • 3.4.2: Pharmaceuticals
    • 3.4.3: Automotive
    • 3.4.4: Packaging
    • 3.4.5: Others

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

  • 4.1: Global Methylpentene Copolymer Market by Region
  • 4.2: North American Methylpentene Copolymer Market
    • 4.2.1: North American Market by Type: Sheet, Rod, and Film
    • 4.2.2: North American Market by Application: Electrical and Electronics, Pharmaceuticals, Automotive, Packaging, and Others
  • 4.3: European Methylpentene Copolymer Market
    • 4.3.1: European Market by Type: Sheet, Rod, and Film
    • 4.3.2: European Market by Application: Electrical and Electronics, Pharmaceuticals, Automotive, Packaging, and Others
  • 4.4: APAC Methylpentene Copolymer Market
    • 4.4.1: APAC Market by Type: Sheet, Rod, and Film
    • 4.4.2: APAC Market by Application: Electrical and Electronics, Pharmaceuticals, Automotive, Packaging, and Others
  • 4.5: ROW Methylpentene Copolymer Market
    • 4.5.1: ROW Market by Type: Sheet, Rod, and Film
    • 4.5.2: ROW Market by Application: Electrical and Electronics, Pharmaceuticals, Automotive, Packaging, and Others

5. Competitor Analysis

  • 5.1: Product Portfolio Analysis
  • 5.2: Operational Integration
  • 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

  • 6.1: Growth Opportunity Analysis
    • 6.1.1: Growth Opportunities for the Global Methylpentene Copolymer Market by Type
    • 6.1.2: Growth Opportunities for the Global Methylpentene Copolymer Market by Application
    • 6.1.3: Growth Opportunities for the Global Methylpentene Copolymer Market by Region
  • 6.2: Emerging Trends in the Global Methylpentene Copolymer Market
  • 6.3: Strategic Analysis
    • 6.3.1: New Product Development
    • 6.3.2: Capacity Expansion of the Global Methylpentene Copolymer Market
    • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Methylpentene Copolymer Market
    • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

  • 7.1: Mitsui
  • 7.2: RTP Company
  • 7.3: Westlake plastics company
  • 7.4: Honeywell International
  • 7.5: Goodfellow
  • 7.6: Saint Gobain Norton
  • 7.7: Merck KGaA