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.
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.
For instance, India’s Reliance Industries Limited (RIL) has
announced to restructure and expand its polyethylene (PE) plant by
adopting the INEOS technology to manufacture metallocene linear low-density
polyethylene (m-LLDPE). The expansion project is estimated to produce around
120,000 tonnes/year of m-LLDPE at their gas-based petrochemical complex at
Nagothane in Maharashtra State.
However, rising concerns
regarding the disposal of plastic films & products are likely to restrain
the growth of the global metallocene polyethylene market during the assessment
period 2018-2023.
Key Players
Ø
SABIC
Ø
Exxon Mobil Corporation.
Ø
Brentwood Plastics, Inc.
Ø
Chevron Phillips Chemical Company
Ø
Univation Technologies, LLC.
Ø
TOTAL Petrochemicals USA, In
Ø
Chemieuro
Ø
INEOS
Ø
DowDuPont, Inc.
Ø
Formosa Plastics Corporation
Ø
Reliance Industries Limited
Ø
LyondellBasell Industries
Holdings B.V.
Ø
Borealis AG
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.
Intended Audience
- Metallocene
polyethylene manufacturers
- Traders
and distributors of metallocene polyethylene
- Research
and development institutes
- Potential
investors
- Raw
material suppliers
- Nationalized
laboratory
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.
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