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METALLOCENE POLYETHYLENE MARKET ANALYSIS

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METALLOCENE POLYETHYLENE MARKET ANALYSIS

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker

  2. METALLOCENE POLYETHYLENE MARKET ANALYSIS • Metallocene polyethylene is a high performance polymer, which finds application in food & beverages packaging, agriculture, and several industrial applications. Products such as sheets and films made from metallocene polyethylene (mPE) resins have high tensile strength and are used in various industrial products such as custom marine parts, water tanks, chemical storage containers, as well as consumer products such as food packaging materials, heavy-duty sacks, and stretch films.

  3. The global metallocene polyethylene market is projected to record significant growth over the forecast period, attributing to their excellent optical properties of mPE resins and their increasing use in packaging industry. Moreover, new generation metallocene polyethylene films are designed to offer improved mechanical strength, increased optical properties, greater stiffness, and high tensile strength. New generation metallocene polyethylene is also suitable for different range of film applications in industrial, food, and hygiene packaging. • Metallocene polyethylene is also a good alternative to polyvinyl chloride and ethylene-vinyl acetate. Majority of manufacturers claim that metallocene polyethylene has better hot tack than polyvinyl chloride and therefore, it serves as a good alternative to Surlyn films. This scenario is expected to upsurge the demand for metallocene polyethylene over the forecast period.

  4. Figure 1. Global Metallocene Polyethylene Market Share (%), By Region, 2018

  5. However, metallocene polyethylene resins offer several advantages, these resins fail to attract attention of the target customers at the initial stage due to several factors such as high production cost and high conversion cost of metallocene to finished products. Moreover, presence of cheaper alternatives such as conventional Ziggler-Natta catalyst along with HDPE films, LDPE films, and LLDPE films is also expected to restrain demand for metallocene polyethylene resins. Lack of consumer awareness and availability of poor quality of metallocene polyethylene is also expected to adversely impact the market growth. • Major players operating in the market are focused on adopting business strategies such as product development and launches to strengthen its position in the global market. For instance, in April 2011, Dow Inc. launched ELITE, which is a product based on advanced post-metallocene technology, to manufacture metallocene polyethylene and meet increasing demand for high performance films. This will help Dow to expand its product portfolio in Malaysia and other economies in Asia Pacific region.

  6. Figure 2. Global Metallocene Polyethylene Market Share (%), By Application, 2018

  7. Asia Pacific accounted for the largest revenue share of 39.4% in the global metallocene polyethylene market in 2018, and is projected to continue its dominance during 2019-2027. Furthermore, North America is expected to record significant growth of 6.1% in the global metallocene polyethylene market during the forecast period. Increasing demand for metallocene polyethylene in packaging industry, owing to features offered by metallocene polyethylene is expected to drive growth of the market in North America during the forecast period. For instance, metallocene linear low density polyethylene (mLLDPE) offers high transparency and high gloss when it is transformed into a film. Furthermore, its extraordinary tear and puncture resistance properties are useful in packaging applications. • Key players are focused on adopting strategies such as product development and launch in order to expand their business in North America metallocene polyethylene market. For instance, Repsol Company has presence in the U.S., Canada, and Mexico and offers metallocene polyethylene worldwide. In 2016, the company started producing its new metallocene polyethylene range under the trade mark RepsolResistex. The company produces metallocene linear low density polyethylene (mLLDPE) and high density polyethylene (HDPE).

  8. On the basis of application, metallocene polyethylene market is segmented into films, sheets, injection molding, extrusion coatings, and others. In 2018, the films segment held dominant position in the global market. mPE films find applications in various end-use industries such as automotive, building & construction, and food & beverages packaging. The exceptional properties of mPE films such as improved toughness and high moisture properties are projected to boost the segment revenue in the global metallocene polyethylene market over the forecast period. • Major players operating in the global metallocene polyethylene market include, Borealis AG, Formosa Plastics Corporation, Chevron Phillips Chemical Company, SABIC, INEOS Group Limited, Dow Inc., LyondellBasell Industries N.V., ExxonMobil, Total Petrochemicals USA, and Brentwood Plastics.

  9. Request Sample Report • Request Customization • Download PDF Brochure • Talk to Analyst Reference: https://https://www.coherentmarketinsights.com/market-insight/metallocene-polyethylene-market-3009

  10. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

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