Metallocene Polyethylene (mPE) Market Scope
Metallocene Polyethylene, also known as mPE, is a special type of thermoplastic made by using metallocene catalysts with copolymers. It exhibits properties like uniform co-monomer content, narrow molecular weight distribution, higher resistance to puncture & damage, high toughness, tensile strength, and stiffness. Polymers are high-performance, new-generation polyethylene (PE), also called Linear Metallocene. They are used in a large number of film applications, such as packaging, agriculture, construction and building, and industrial applications. Increasing acceptance of metallocene plastics in developing countries this factor driving the market and the High price of Metallocene Polythene this factor may restrain the market
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | SABIC (Saudi Arabia), Brentwood Plastics, Inc. (United States), The Dow Chemical (United States), Sasol Ltd (South Africa), INEOS (United Kingdom), Hanwha Group. (South Korea), Ravago (Luxembourg.), LyondellBasell Industries Holdings B.V. (Netherlands), Borealis AG (Austria) and Formosa Plastics Corporation (China) |
CAGR | % |
Competition among existing players is due to the stiff market share occupied by leading players. The industry leader is engaged in offering innovative and superior-quality products to cater to the ever-growing demand for Metallocene polyethylene. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Metallocene Polyethylene (mPE) market throughout the predicted period.
SABIC (Saudi Arabia), Brentwood Plastics, Inc. (United States), The Dow Chemical (United States), Sasol Ltd (South Africa), INEOS (United Kingdom), Hanwha Group. (South Korea), Ravago (Luxembourg.), LyondellBasell Industries Holdings B.V. (Netherlands), Borealis AG (Austria) and Formosa Plastics Corporation (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are LG Chem (South Korea), ExxonMobil Corporation (United States), Univation Technologies, LLC. (United States), Mitsui Co Asia Pacific Pte Ltd (Singapore), RAI LLC (United Arab Emirates), Chemieuro (Spain), New Process Fibre Company, Inc.(United States), Pregis LLC (United States) and Reliance Industries Limited (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Metallocene Polyethylene (mPE) market by Type , by Application (Film, Sheets, Injection Moulding, Blow Moulding and Others) and Region with country level break-up.
On the basis of geography, the market of Metallocene Polyethylene (mPE) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2021.
Market Leaders and their expansionary development strategies
In June 2021, LyondellBasell, one of the largest plastics, chemicals, and refining companies in the world, the company has announced that it had acquired polyPacific Polymers Sdn. in Port Klang, Malaysia.
In November 2022, SABIC launches a polycarbonate-based copolymer resin that achieves the highest comparative tracking index and delivers low-temperature ductility, good dimension stability, excellent heat resistance, good durability and weather resistance, and flame retardance.
Influencing Trend:
Rise in demand from the packaging, food & beverages, and automotive industries
Market Growth Drivers:
Increasing acceptance of metallocene plastics in developing countries
Challenges:
Lack of awareness of metallocene polythene among end-users
Restraints:
High price of Metallocene Polythene
Opportunities:
Demand for Metallocene polyethylene resins
Key Target Audience
Metallocene polyethylene Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations and End-Use Industries