Global Metallocene Polyolefin Market, By Type (Metallocene Polyethylene (mPE), Metallocene Polypropylene (mPP)), Application (Film & Sheet, Injection Molding, Pipes & Panels, Cables & Wires, Blow Molding, Others) – Industry Trends and Forecast to 2029.
Metallocene Polyolefin Market Analysis and Size
Metallocene catalysts were developed and first made available in the early 1990s to drastically alter the molecular structure of polyolefins and open up new application markets. The novel catalyst system used in the synthesis of the polymers gives Metallocenes their name. The similar number of comonomers in the polymer chain and the restricted molecular weight distribution are the two primary fundamental properties of metallocene for film creation.
Global metallocene polyolefin market was valued at USD 310 million in 2021 and is expected to reach USD 408.21 billion by 2029, registering a CAGR of 3.50% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Metallocene Polyolefin Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Metallocene Polyethylene (mPE), Metallocene Polypropylene (mPP)), Application (Film & Sheet, Injection Molding, Pipes & Panels, Cables & Wires, Blow Molding, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
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Market Players Covered
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Henkel AG & Co. KGAA (Germany), Polycast Industries Inc. (India), 3M (U.S.), Dow (U.S.), DuPont (U.S.), Wacker Chemie AG (Germany), Momentive Performance Materials Inc. (U.S.), Shin-Etsu Chemical Company Ltd. (Japan), Evonik Industries AG (Germany), Exxon Mobil Corporation. (U.S.), Total (France), LyondellBasell Industries Holdings B.V. (U.S.), Chevron Phillips Chemical Company LLC. (U.S.), SABIC (Saudi Arabia), Borealis AG. (Austria), LG Chem. (South Korea), Prime Polymer Co., Ltd. (Japan), INEOS AG (U.K.), GAIL (India) Limited. (India)
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Market Opportunities
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Market Definition
A metallocene is a chemical molecule with the typical formula of two cyclopentadienyl anions bonded to a metal centre in the oxidation state. Even though metallocene and its derivatives are rarely employed in industry, they have catalytic characteristics. They are a subset of a larger class of sandwich compounds that are composed of organometallic elements.
Global Metallocene Polyolefin Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Rising awareness about the benefits
The rising demand for metallocene polyolefin is directly related to the substitution of PVC in several industries. PVC has been used in a variety of industries, including the medical sector, but growing worries about toxic production byproducts and post-use incineration have made it necessary to replace Additionally, it is illegal in a number of countries, including South Korea, the Czech Republic, Canada, and Spain. PVC can be replaced by metallocene polyolefins, especially for medical products that need to be ductile at low temperatures and have high impact strength.
- Opportunities presented by rising demand for packaging
The market for metallocene polyolefin is being propelled by rising demand from the construction industry, explosive expansion in the solar industry, and a shift in end-user preferences toward flexible packaging. A rise in the need for polyolefin in a variety of applications, affordable raw material availability in developing economies, and eco-friendly packaging are all factors driving the market for metallocene polyolefin.
Furthermore, the factors such as rising urbanization, industrialization and mounting number of packaging activities are some other important market drivers. Additionally, improved demand from food and non-food packaging industry and surging application scope from mPE and mPP are anticipated to drive the market's growth rate.
Opportunities
- Growth and expansion
Growth and expansion of the healthcare and medical devices industry especially in the developing economies will present very many opportunities for the growth of the market. Keeping up with advancements in manufacturing/ production technology may also be beneficial for the market as a whole.
Restraints/Challenges
- Availability of alternatives
High cost compared to other catalysts for polyolefins and difficult to process in conventional film-blowing equipment may constrain market expansion over the projection period. Therefore, availability of low cost alternatives will challenge the market grow rate.
- High costs involved
High prices are impacting the metallocene-polyolefin sector for the product, which is much more expensive than other alternatives on the market. Additionally, compared to alternative substitutes, various metallocene linear low-density polyethylene is more tough to process in film-blowing equipment, making its use more challenging for end users.
This metallocene polyolefin market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the metallocene polyolefin market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Metallocene Polyolefin Market
Trends in the metallocene polyolefin market have slowed down a little bit due to disruptions in several important end-use industries, including the automotive, construction, electronics, and others. Reduced consumption of films and sheets, injection moulding, blow moulding, cables and wires, and pipes and panels, which use metallocene polyolefin, has been noted as a result of supply chain challenges, labor shortages, and other issues. The COVID-19 pandemic has, nevertheless, sped up the development of online commerce. The epidemic has seen a substantial increase in online purchases of food, groceries, medicines, and daily necessities, which has boosted packaging usage. Regulation agencies like the U.S. FDA believe the delivery of food and supplies to be safe provided that procedures like consistent temperature monitoring, hand sanitization, and social seclusion are adhered to.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Metallocene Polyolefin Market Scope
The metallocene polyolefin market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Metallocene Polyethylene (mPE)
- High density polyethylene
- Metallocene linear low density polyethylene
- Others
- Metallocene Polypropylene (mPP)
Application
- Film & Sheet
- Injection Molding
- Pipes & Panels
- Cables & Wires
- Blow Molding
- Others
- Pipes & panels
- Blow molding
- Raffia
- Fiber
- Wire & cable
- Extrusion coating
- Rotomolding
Metallocene Polyolefin Market Regional Analysis/Insights
The metallocene polyolefin market is analyzed and market size insights and trends are provided by country, type and application as referenced above.
The countries covered in the metallocene polyolefin market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
During the forecast period, Asia-Pacific is expected to account for a sizable portion of the global market. This can be attributed to the escalating demand from film & sheet application in the developing economies such as India, China and Japan. Also, increased manufacturing of resins with high quality mechanical properties will yet again bolster the market growth rate.
Over the forecast period, North America is anticipated to have the highest CAGR. Over the course of the forecast period, it is expected that the demand for metallocene polyolefin in the region will rise owing to the high scale demand form the end user verticals.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Metallocene Polyolefin Market Share Analysis
The metallocene polyolefin market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to metallocene polyolefin market.
Some of the major players operating in the metallocene polyolefin market are
- Henkel AG & Co. KGAA (Germany)
- Polycast Industries Inc. (India)
- 3M (U.S.)
- Dow (U.S.)
- DuPont (U.S.)
- Wacker Chemie AG (Germany)
- Momentive Performance Materials Inc. (U.S.)
- Shin-Etsu Chemical Company Ltd. (Japan)
- Evonik Industries AG (Germany)
- Exxon Mobil Corporation. (U.S.)
- Total (France)
- LyondellBasell Industries Holdings B.V. (U.S.)
- Chevron Phillips Chemical Company LLC. (U.S.)
- SABIC (Saudi Arabia)
- Borealis AG. (Austria)
- LG Chem. (South Korea)
- Prime Polymer Co., Ltd. (Japan)
- INEOS AG (U.K.)
- GAIL (India) Limited. (India)
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