Market Overview:
The global Metallocene
Polyethylene Industry is analyzed in detail in the latest research report from
Market Research Future (MRFR), which analyzes the market’s historical growth
trajectory in order to make forecasts as to the market’s likely future growth
trajectory over the forecast period from 2018 to 2023.
The global Metallocene
Polyethylene Industry is mainly seen to be driven by the growing demand for
plastic packaging products as well as plastic sheets. The growing demand for
organic, biodegradable plastics could, however, hinder the global Metallocene
Polyethylene Industry’s growth over the forecast period.
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Metallocene polyethylene is a
specialty of polyethylene made using a metallocene catalyst during the
production process. It has higher rigidity and stability than regular
polyethylene, presenting a tougher barrier to physical damage and punctures. It
also possesses good processability and good optical properties, driving its
demand in applications where polyethylene has traditionally been the preferred
choice. The growing demand for plastic packaging products is likely to be a
major driver for the global Metallocene Polyethylene Industry over the forecast
period. The physical superiority of metallocene polyethylene over other types
of plastics is likely to be a key factor for the global Metallocene
Polyethylene Industry over the forecast period.
The growing demand for plastic
sheets and films in agricultural and urban management applications is likely to
be a key driver for the global Metallocene Polyethylene Industry over the
forecast period. Plastic films have emerged as a key agricultural product in
recent years thanks to the growing importance of temperature management and
water conservation in the field, leading to a steady rise in demand from the Metallocene
Polyethylene Industry over the forecast period. However, their lack of
environmental viability could restrict the Metallocene Polyethylene Industry’s
growth prospects over the forecast period, as biodegradable plastics are likely
to replace metallocene polyethylene in applications leading to the generation
of large amounts of plastic waste.
Competitive Analysis:
·
SABIC
·
Brentwood Plastics Inc.
·
Univation Technologies LLC
·
Chemieuro
·
DowDuPont Inc.
·
Reliance Industries Limited
·
Borealis AG
·
LyondellBasell Industries Holdings B.V.
·
Formosa Plastics Corporation
·
INEOS, TOTAL Petrochemicals USA Inc.
·
Chevron Phillips Chemical Company
·
Exxon Mobil Corporation.
In February 2019, LG Chem
announced an agreement with Univation for the use of the latter’s UNIPOL PE
technology in the former’s two new polyethylene plants in Korea.
Segmentation:
The Metallocene Polyethylene Industry is
segmented by type, catalyst type, application, end-use industry, and region.
On the basis of type, the global Metallocene Polyethylene
Industry 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 catalyst type, the global Metallocene
Polyethylene Industry is segmented into zirconocenes, ferrocene, titanocene,
and others.
On the basis of application, the global Metallocene
Polyethylene Industry is segmented into packaging films, packaging sheets,
injection molding, extrusion coating, and others.
On the basis of end use, the global Metallocene
Polyethylene Industry is segmented into packaging, food and beverage,
automotive, building and construction, agriculture, healthcare, and others.
Regional Analysis:
The global Metallocene
Polyethylene Industry is segmented into Asia Pacific, North America, Latin
America, Europe, and the Middle East and Africa on the basis of region.
Asia Pacific dominates the global
Metallocene Polyethylene Industry due to the growing demand for metallocene
polyethylene from the region’s growing construction industry and the growing
demand for plastic packaging products in the growing ecommerce sector in the
region. The growing use of plastic films in agricultural applications in the
region is also likely to play a key role in the growth of the global Metallocene
Polyethylene Industry over the forecast period.
North America is likely to follow
Asia Pacific due to the growing demand for injection molded products such as toys,
medical devices, and food and beverage packaging products such as cans and
bottles. The growing demand for plastic sheets and films is also likely to be a
major driver for the global Metallocene Polyethylene Industry over the forecast
period.
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