United States, Rockville MD, June 24, 2022 (GLOBE NEWSWIRE) -- As per a new report by Fact.MR, a market research and competitive intelligence provider, the global metallocene polyolefin market is currently valued at US$ 13.77 billion and is projected to expand at a high CAGR of 9.5% over the forecast period (2022 to 2032). The market registered 9.1% CAGR between 2017 and 2021.
Metallocene polyolefin is widely used in the production of films and sheets, as well as in injection moulding. As the demand for packaging increases. Metallocene is being used in a variety of packaging applications because it offers more flexibility in packaging film manufacturing and designing. It has heat resistance, as well as increased rigidity and tensile strength, making it an excellent selling product. Metallocene catalysts aid in the injection and blow moulding of packaging films with a super shine and little cloudiness.
For Critical Insights on Metallocene Polyolefin Market, Request a Sample Report
https://www.factmr.com/connectus/sample?flag=S&rep_id=7513
Over the coming years, demand for metallocene polyethylene (mPE) from several end-use industries, such as solar power and packaging, is predicted to rise rapidly. Due to its high tensile strength and puncture resistance, metallocene linear low-density polyethylene is highly demanded as opposed to metallocene low-density polyethylene in a range of applications. Over the projection period, increased demand for LLDPE for film applications, as well as the potential market in developing nations, is expected to drive product demand.
What Market Dynamics are Driving Revenue Growth of Metallocene Polyolefin Manufacturers?
“Several Beneficial Qualities of Metallocene Polyolefin Driving Sales Growth of Metallocene Polyolefin Suppliers”
The replacement of PVC in numerous industries is directly linked to the increased need for Metallocene polyolefin. PVC has been utilized in a wide range of industries, including the medical field, but rising concerns about toxic by-products of production and post-use incineration have necessitated the need for PVC to be replaced, as the substance has already been banned in packaging, medical equipment, toys, and a variety of other applications. It is also prohibited in several nations, including Canada, Spain, South Korea, and the Czech Republic.
Metallocene polyolefins are a good substitute for PVC, especially for medical items that require ductility at low temperatures & great impact strength.
According to the analysis data, polyolefins account for around 50% of all plastics consumed, with polypropylene and low-density polyethylene seeing the largest demand, suggesting high global growth of the metallocene polyolefin market.
To learn more about Metallocene Polyolefin Market, you can get in touch with our Analyst at https://www.factmr.com/connectus/sample?flag=AE&rep_id=7513
Key Segments Covered in the Metallocene Polyolefin Industry Survey
- Metallocene Polyolefin Market by Type :
- Metallocene Polyethylene (mPE)
- Metallocene Polypropylene (mPP)
- Metallocene Polyethylene (mPE)
- Metallocene Polyolefin Market by Application :
- Films & Sheets
- Injection Moldings
- Other Applications
- Films & Sheets
- Metallocene Polyolefin Market by Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
- North America
Winning Strategy
Increasing investments in research and development and adoption of contemporary equipment are expected to fuel revenue growth of metallocene polyolefin manufacturers.
Key market players are focusing on innovation of product development and developing new strategic tactics for increasing their metallocene polyolefin sales.
Competitive Landscape
The metallocene polyolefin market is relatively competitive with local firms leading the way, followed by global corporations, which account for a majority of market growth.
Key companies are pursuing a variety of novel methods to get a foothold in the market, including new product launches, acquisitions, and partnerships, all of which are helping the worldwide metallocene polyolefin market expand rapidly.
Get Customization on Metallocene Polyolefin Market Report for Specific Research Solutions
https://www.factmr.com/connectus/sample?flag=RC&rep_id=7513
Key players in the Metallocene Polyolefin Market
- Daqing Petrochemical Co. Ltd.
- Nova Chemicals Ltd.
- Braskem S.A.
- UBE Industries Ltd.
- Japan Polychem Corporation Ltd.
- Sumitomo Chemical Corp. Ltd.
- Daelim Industrial Corp. Ltd.
- Gas Authority of India Ltd.
- INEOS Group AG
- Prime Polymer Co. Ltd.
- LG Chem Ltd.
Key Takeaways from Metallocene Polyolefin Market Study
- Metallocene polyethylene (mPE) is estimated to account for a market share of 68.1% in 2022.
- Currently, films & sheets are expected to account for a sales value of US$ 7.21 billion.
- In terms of geography, the Asia Pacific market is predicted to expand rapidly due to high demand from various applications, and metallocene polyolefin sales are expected to increase at a CAGR of 9.5% from 2022 to 2032.
- Key market players are expected to focus on collaborations and partnerships.
Fact.MR’s Domain Expertise in Chemicals and Materials Division
Expert analysis, actionable insights, and strategic recommendations of the highly seasoned chemicals and materials team at Fact.MR helps clients from across the globe with their unique business intelligence needs.
With a repertoire of over thousand reports and 1 million-plus data points, the team has analysed the chemicals and materials division across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.
Explore More Chemical and Materials Industry Reports:
Diisononyl Phthalate (DINP) Market- Size of the global diisononyl phthalate (DINP) market in 2022 stands at US$ 2.93 billion and is projected to reach US$ 4.61 billion by the end of 2032. This new research by Fact.MR suggests that the demand for diisononyl phthalate will exhibit a CAGR of 4.6% from 2022 to 2032.
Synthetic Gypsum Market- The global synthetic gypsum market stands at US$ 1.56 Bn in 2022, and is forecast to climb to a valuation of US$ 2.17 Bn by 2032, registering a CAGR of 3.4% from 2022 to 2032.
Flat Glass Market- The global flat glass market was valued at US$ 274 Bn in 2021, and is expected to gain a significant position in the market with a steady CAGR rate of 4.5% during the forecast period, 2022- 2032. With this rate, this industry is projected to reach a market size of worth US$ 445 Bn by 2032.
Cryogenic Ethylene Market- Worldwide consumption of cryogenic ethylene is estimated at US$ 4.78 Bn in 2022. Detailed industry analysis has revealed that, the global cryogenic ethylene market is forecast to reach a valuation of US$ 11.53 Bn by 2032, expanding at a CAGR of 9.2% during 2022-2032.
Abrasives Market- The global abrasives market was valued at US$ 54.03 Bn in 2020. Consumption of abrasives is expected to increase at a CAGR of 5.5% to reach a market valuation of US$ 97.7 Bn by the end of 2031.
Biodiesel Market- The global biodiesel market reached a valuation of US$ 90.4 Bn in 2020. Demand for biodiesel is slated to rise at a CAGR of 6.9% to reach US$ 187.6 Bn by the end of 2031.
Agricultural Fumigants Market- The global Agricultural Fumigants Market is estimated at US$ 1 Bn in 2022 and is projected to reach a valuation of US$ 1.4 Bn by 2032, expanding at a CAGR of 2.8% through the forecast period of 2022-2032.
Anticoagulant Rodenticides Market- The global Anticoagulant rodenticides Market is estimated at US$ 720.4 Mn in 2022 and is projected to reach a valuation of US$ 1.4 Bn by 2032, expanding at a CAGR of 3.3% through the forecast period of 2022-2032.
Flock Adhesives Market- The global Flock Adhesive market is projected to reach a valuation of US$ 4.6 Bn by 2032, expanding at a CAGR of 5.5% through the forecast period of 2022-2032.
Demulsifiers Market- Demulsifiers Market Value is projected to reach US$ 3.25 Bn by 2032-end, increasing at a CAGR of around 3.4% over the decade. Global demand for demulsifiers increased year-on-year (YoY) at 1.7% in 2021 to reach a market valuation of US$ 2.28 Bn at the end of 2021.
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
Mahendra Singh
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
Email: sales@factmr.com
Tel: +1 (628) 251-1583
Follow Us: LinkedIn | Twitter
