Metallocene Polyethylene Market 2019 Industry Size, Share, Future Growth, Compet

Posted by Marketresearchfuture on May 7th, 2019

Market Synopsis

Metallocene Polyethylene is the special class of polyethylene produced using metallocene catalyst usually in the presence of copolymers. Metallocene polyethylene has narrow, uniform composition, and molecular weight distribution. It shows superior mechanical properties such as superior damage & puncture resistance, superior stiffness & toughness, good processability, good shrink characteristics, excellent optical properties, and low welding & sealing temperatures over conventional polyethylene produced using Ziegler-Natta catalyst.

Growing packaging industry due to rise in the demand for packaging materials across the globe is the key driver to the growth of the global metallocene polyethylene products over the forecast period. Additionally, growing market for injection molded products such as food containers, agriculture products, toys, garbage receptacles, plumbing products, and medical products are also attributed to the growth of the market during the forecast period. Growing food & beverage industry is likely to drive the demand for extrusion coated products including milk packaging, deep freeze packaging, and others. Therefore, it is expected  to impact the global metallocene polyethylene products positively during the forecast period. Furthermore, metallocene polyethylene resins are largely substituting PVC and EVA as a raw material for manufacturing films.

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The global metallocene polyethylene market is spanned across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. 

Asia Pacific is expected to be the largest and the fastest growing market for metallocene polyethylene during the forecast period. Rapid industrialization is likely to showcase a considerable demand for packaging materials in wrapping as well as safety applications during the forecast period. For instance, growing food & beverages industry is likely to exhibit strong demand for extrusion coated packaging such as milk tetra packaging, beverage packaging, snacks packaging, and others. Growing construction industry due to rapid urbanization is likely to drive significant demand for heavy-duty packaging & bags and injection molded products over the forecast period. Additionally, growing e-commerce market is expected to fuel the product demand during the forecast period. Furthermore, end-use industries such as automotive, agriculture, healthcare, and others are also likely to support the market growth for packaging applications.

North America is expected to be the second-largest market for the metallocene polyethylene during the forecast period. The Building & renovation industry is likely to drive a rapid demand for heavy duty bags and injection molded products, which, in turn, drive the product market. Established food & beverage industry owing to high consumer preference for convenience food is expected to show a bolstering demand for metallocene polyethylene for multilayer packaging & films applications during the forecast period.

Europe is expected to be another major market for metallocene polyethylene during the forecast period. Significant demand from the packaging materials as well as injected molded polyethylene products from the strong regional automotive industry is likely drive the regional market. The microelectronics industry is also expected to experience high demand for packaging materials and boost the product market. Furthermore, end-use industries such as food & beverage, building & construction, agriculture, healthcare are likely to contribute to the market demand during the forecast period.

Latin America is expected to show the sluggish demand for metallocene polyethylene due to slow industrialization during the forecast period.

The Middle East & Africa is likely to exhibit the least demand of metallocene polyethylene during the forecast period owing to their stringent regulation against the use of plastics on account of their low biodegradability.

Competitive Analysis:

Some of the key players in the global metallocene polyethylene market are SABIC (Saudi Arabia), Exxon Mobil Corporation. (U.S.), Brentwood Plastics, Inc. (U.S.), Chevron Phillips Chemical Company (U.S.), Univation Technologies, LLC. (U.S.), TOTAL Petrochemicals USA, Inc (U.S.), Chemieuro (Spain), INEOS (UK), DowDuPont, Inc. (U.S.), Formosa Plastics Corporation (U.S.), Reliance Industries Limited (India), LyondellBasell Industries Holdings B.V. (Netherlands), and Borealis AG (Austria).

Market Segmentation:

The global metallocene polyethylene market is segmented by type, catalyst type, application, end-use industry, and region.

On the basis of the type, the global metallocene polyethylene market is segmented into metallocene linear low-density polyethylene (mLLDPE), metallocene low-density polyethylene (mLDPE), metallocene high density polyethylene (mHDPE), metallocene medium-density polyethylene (mMDPE), and others. 

On the basis of the catalyst type, the global metallocene polyethylene market is segmented into zirconocene, ferrocene, titanocene, and others.

 On the basis of the application, the global metallocene polyethylene market is segmented into packaging films, packaging sheets, injection molding, extrusion coating, and others.

On the basis of the end-user industry, the global metallocene polyethylene market is segmented into packaging, food & beverage, automotive, building & construction, agriculture, healthcare, and others.

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