ID: MRFR/CnM/4659-HCR | February 2023 | Region: Global | 100 Pages
Metallocene Polyethylene Market is projected to be worth USD 19998 million by 2030, registering a CAGR of 3.6% during the forecast period (2021 - 2030).
$19998 million
3.6%
Asia-Pacific
2021-2030
Metallocene Polyethylene Market Overview Metallocene Polyethylene Market is projected to be worth USD 19998 million by 2030, registering a CAGR of 3.6% during the forecast period (2021 - 2030). Metallocene polyethylene is a type of polyethylene that is made with a metallocene catalyst and frequently with copolymers. Metallocene polyethylene has a molecular weight distribution that is narrow and homogeneous. Over conventional polyethylene produced with Ziegler-Natta catalyst, it has superior mechanical properties such as superior damage and puncture resistance, superior stiffness and toughness, good processability, good shrink characteristics, excellent optical properties, and low welding and sealing temperatures. The primary driver of worldwide metallocene polyethylene product growth throughout the projection period is the growing packaging industry, which is driven by an increase in demand for packaging materials all over the world. Food containers, agriculture items, toys, garbage receptacles, plumbing products, and medical products are among the injection-molded products that are expected to rise in popularity throughout the forecast period. Demand for extrusion-coated items like milk packaging, deep freeze packaging, and others are expected to rise as the food and beverage industry expands.
Global Metallocene Polyethylene Market Share in 2017, by Application
Source: MRFR Analysis
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 zirconocenes, 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.
Regional Analysis
The global metallocene polyethylene market is segmented into five regions namely 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. A significant demand for packaging films in wrapping as well as in protective applications across different end-use industries such as food & beverage, automotive, building & construction, agriculture, healthcare, and others are likely to contribute majorly to the market growth during the forecast period.
North America is expected to be the second-largest market for metallocene polyethylene during the forecast period. A significant demand for packaging films, injection molded products, and extrusion coated products from end-use industries such as building & renovation industries, food & beverage, healthcare industry, and other industries are expected to drive the demand for metallocene polyethylene during the forecast period.
Europe is expected to be another major market for metallocene polyethylene during the forecast period. High demand for injection molded products and films from the automotive and microelectronics industry is expected to boost the market growth during the forecast period.
Latin America and the Middle East & Africa are expected to show a sluggish growth during the forecast period due to the slow economic development and stringent regulations respectively.
Key Players
Some of the key players operating 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).Recent Development
Intended Audience
Report Attribute/Metric | Details |
---|---|
Market Size | 2030: Significant Value |
CAGR | Substantial CAGR (2021-2030) |
Base Year | 2021 |
Forecast Period | 2021 to 2030 |
Historical Data | 2019 & 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Type, catalyst type, application, end-use industry |
Geographies Covered | Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. |
Key Vendors | 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). |
Key Market Opportunities | The global market for metallocene polyethylene is lucrative and is expected to witness rising growth owing to the expansion, collaborations, and partnerships strategies adopted by key players |
Key Market Drivers | Growing packaging industry due to rise in the demand for packaging materials across the globe |
Problems regarding the disposal of plastic films and products would deter growth.
The end users are food & beverage, packaging, building & construction, automotive, healthcare, agriculture, and others.
The applications are packaging sheets, packaging films, extrusion coating, injection molding, and others.
Catalysts involved are titanocene, ferrocene, zirconocenes, and others.
The types are metallocene low-density polyethylene (mLDPE), metallocene linear low-density polyethylene (mLLDPE), metallocene medium-density polyethylene (mMDPE), metallocene high-density polyethylene (mHDPE), and others.