Metallocene Polyethylene Market is projected
to witness substantial growth in the forecast period due to rise in demand for
metallocene polyethylene from packaging sector. Metallocene polyethylene, also
known as linear metallocene, are the high performing polymers. They are widely
used in numerous film applications, agriculture, packaging, building and
construction, and industrial uses. They significantly enhance the
characteristics of polyethylene and result in better finished product.
Metallocene polyethylene is highly wear and tear resistant, can be easily
processed with better resistant to melting, and hold brilliant optical
properties.
Reasons for the growth of metallocene polyethylene (mPE)
market includes increasing popularity of metallocene polyethylene in plastic
products, growth of plastic industry, and growing demand from several end use
industries, such as personal care, food and beverages, consumer goods and
electronics, among others. Additionally, manufacturers are increasingly
adopting growth strategies like collaborations, which is propelling the market.
However, increasing concerns for plastic products and films is restraining the
metallocene polyethylene market. Low awareness and easy availability of cheaper
substitutes is also hampering the market.
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Rise in investments for research and development for the
introduction of new grades of metallocene polyethylene is tending in the
market. Manufacturers are focusing on developing and introducing products for
various industrial use and increasing their customer base.
Metallocene polyethylene market is categorized on the basis
of product type, catalyst type, application, and geography. On the basis of
product type, market is divided into metallocene High Density Polyethylene
(mHDPE), metallocene Linear Low-Density Polyethylene (mLLDPE), and others.
Metallocene Linear Low-Density Polyethylene (mLLDPE) segment is anticipated to
hold larger share of the market in the near future owing to wide applications
in several end use industries. Metallocene Linear Low-Density Polyethylene (mLLDPE)
hold characteristics like highly resistant towards puncture and damage and
excellent tensile strength. Based on catalyst type, the market is split into
ferrocene, zirconocenes, titanocene, and others.
In terms of application, metallocene polyethylene market is
divided into injection moulding, films, extrusion coating, sheets, and others.
Film segment is projected to lead the market in forecast period owing to wide
applications in packaging. Metallocene Polyethylene provides secure packaging
due to damage resistance and high flexibility.
Based on end users, the market is divided into food &
beverage, building & construction, packaging, healthcare, automotive,
agriculture, and others. Packaging segment is expected to lead the market due
to high demand for metallocene polyethylene. Further, food and beverage and
healthcare industries also account for significant share in future.
Geographically, metallocene polyethylene industry is
segmented as North America, South America, Europe, Asia Pacific, and Middle East
& Africa. Asia Pacific is expected to dominate the market in the forecast
period owing to the high demand for metallocene polyethylene from several end
use industries of developing economies like Japan, China, and India.
Furthermore, North America and Europe also account for significant share of the
market in future.
The major players in metallocene polyethylene market
comprise Chevron Phillips Chemical Company, Univation Technologies, Exxon Mobil
Corporation, Tricon Energy Inc., INEOS Olefins and Polymers, The Dow Chemical
Company, R. POLYMERS PVT. LTD., B LyondellBasell Industries Holdings. V,
ChemChina, Repsol, Total Petrochemical & Refining USA Inc., Reliance
Industries Limited, Borealis AG, Braskem, and Prime Polymer Co. Ltd., among
others.
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Market Segment:
Leading players of
Metallocene Polyethylene including:
•
ExxonMobil
•
Dow Chemical
•
Total Petrochemical & Refining
•
Chevron Phillips Chemical
•
SK
•
Univation Technologies
•
Prime Polymer
•
LyondellBasell Industries
•
Daelim
•
INEOS Olefins and Polymers
•
Nova Chemical
•
Borealis
•
UBE
•
Qilu Petrochemical
Market split by Type,
can be divided into:
•
mLLDPE
•
mHDPE
•
mLDPE
•
Others
Market split by
Application, can be divided into:
•
Film
•
Sheet
•
Injection Molding
•
Extrusion Coating
•
Others
Market split by Sales
Channel, can be divided into:
•
Direct Channel
•
Distribution Channel
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