Transparency Market Research in its new report titled, “Metallocene Polyethylene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the metallocene polyethylene market. The TMR report anticipates that the rapid expansion of packaging industry in Asia Pacific will drive the metallocene polyethylene market during the forecast period i.e, 2018-2026. According to the report, the usage of metallocene catalyst allows producers to provide tailor-made solutions, with desired properties such as soft, low melting point to high melting point, and high heat resistance for specific applications. Metallocene polyethylene resin is substituting PVC and EVA as a raw material in the manufacture of films in various applications. The technology employed for manufacturing metallocene polyethylene is environmentally-friendly and safety oriented. Metallocene polyethylene is being employed on a large scale in the production of films, which are used in a wide range of packaging applications in end-user industries such as consumer goods, hygiene, food, industrial packaging, and agricultural films.
In terms of product type, the metallocene polyethylene market is split into mLLDPE, mMDPE, and mHDPE. Currently, the market is dominated by the mLLDPE segment. The segment is expected to continue holding majority of the market share during the forecast period, as mLLDPE exhibits outstanding optical properties and better impact & puncture strength vis-à-vis other resins. The mLLDPE segment is estimated to expand at a significant pace during the forecast period, owing to the increase in demand for these in films in the packaging industry. Based on application, the metallocene polyethylene market can is split into films, sheets, injection molding, and extrusion coating. Currently, the films segment dominates the metallocene polyethylene market. Films produced from metallocene polyethylene exhibit enhanced properties. These films are ideal for applications such as packaging, heavy-duty bags, refuse bags, shrink films, stretch films, agricultural films, etc. The films segment is anticipated to continue its dominance during the forecast period, and register a significant growth rate during the forecast period.
On regional stand, Asia Pacific is the major consumer of metallocene polyethylene. Demand for metallocene polyethylene has been increasing constantly, owing to the rise in usage in packaging applications. Asia Pacific is one of the rapidly growing markets for the packaging industry. Furthermore, solar and automotive industries, which are among the end-user industries of metallocene polyethylene, are also anticipated to exhibit significant growth during the forecast period. This, in turn, is boosting the demand for metallocene polyethylene. As per the report, countries expected to be attractive markets for metallocene polyethylene include China, India, Indonesia, Thailand, and Vietnam. Some of the prominent players operating in the metallocene polyethylene market are profiled in this report and these include Braskem, China Petrochemical Corporation, ExxonMobil Corporation, Mitsui & Co., Ineos, LyondellBasell Industries Holdings B.V., Nova Chemicals Corporation, Prime Polymer Co., Ltd., Reliance Industries Limited, SABIC, Sasol Limited, The Dow Chemical Company, Univation Technologies, Westlake Chemical Corporation, Borealis AG, Total Petrochemicals & Refining USA, Inc., and Formosa Plastics Corporation.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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