DUBLIN--(BUSINESS WIRE)--The "Metallocene
Polyethylene (mPE) Market by Application (Films, Sheets, Injection
Molding, Extrusion Coating), Type (mLLDPE, mHDPE), and Region (APAC,
North America, Europe, Middle East, South America) - Global Forecast to
2023" report has been added to ResearchAndMarkets.com's
The Metallocene Polyethylene (mPE) market is estimated to be USD 4.99 Billion in 2018 and is projected to reach USD 6.98 Billion by 2023, at a CAGR of 6.9% from 2018 to 2023.
The rising demand for mPE from various end-use industries, such as solar
power and packaging, is one of the most significant factors driving the
growth of the mPE market. The increase in demand for
metallocene-catalyzed plastics in the Asia Pacific region and the
expansion of the plastics industry worldwide are the additional factors
influencing the growth of the mPE market.
The mPE market has been segmented on the basis of type, application, and region. Based on type, the mLLDPE segment is projected to lead the mPE market from 2018 to 2023. Features such as high tensile strength and puncture resistance make mLLDPE preferable across applications than mLDPE.
The films segment is the largest application segment of the mPE market, followed by the injection molding segment. The growth of the mPE market in films application is primarily driven by the demand for mPE films from the packaging sector. The growth of the injection molding segment can be attributed to the increasing demand for injection-molded mPE articles, such as crates, pallets, packaging containers and caps, household goods, and toys, from various end-use industries.
Asia Pacific is expected to be the largest and the fastest-growing regional segment of the mPE market. This growth can be attributed to the increasing demand for packaging films from the food & beverages industry. North America is the second-largest regional segment of the mPE market, followed by Europe. The expansion of the plastics industry and increase in demand for packaging materials, especially from China, Japan, India, South Korea, and Malaysia have contributed to the growth of the mPE market in Asia Pacific.
Dow Chemical US), ExxonMobil (US), Chevron Philips (US), LyondellBasell (Netherlands), Total (US), and Borealis (Germany) are leading players operating in the mPE market. Companies have adopted strategies such as expansions and acquisitions to address the growing demand for mPE worldwide.
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Metallocene Polyethylene Market, by Type
8 Metallocene Polyethylene Market, by Application
9 Regional Analysis
10 Competitive Landscape
11 Company Profiles
- Borealis AG
- China Petrochemical Corporation
- Exxonmobil Corporation
- Formosa Plastics Corporation
- Lyondellbasel Industries Holdings B.V.
- Mitsui & Co.
- Nova Chemicals Corporation
- Prime Polymer Co., Ltd.
- Reliance Industries Limited
- Sasol Limited
- The Dow Chemical Company
- Total Petrochemicals & Refining USA, Inc.
- Univation Technologies
- Westlake Chemical Corporation
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