Economy

Metallocene Polyethylene Market to Grow by USD 2.33 Bn | APAC to have Highest Market Growth | Technavio

NEW YORK, The metallocene polyethylene market will be dominated by APAC during the forecast period. The market is estimated to grow by USD 2.33 billion from 2021 to 2026. The growth momentum of the market will accelerate at a CAGR of 6.66% during this period.

Vendor Analysis

Technavio’s analysis of the metallocene polyethylene market is based on the detailed insight of key market players, including strategic movements such as R&D collaborations, product launches, mergers & acquisitions, collaborations, and partnerships. In line with this, metallocene polyethylene market 2022-2026 includes detailed insights into the following companies:

Chevron Corp.DL ChemicalDow Inc.Exxon Mobil Corp.Hanwha Corp.INEOS Group Holdings SALG Chem Ltd.Lotte Corp.LyondellBasell Industries NVMitsui Chemicals Inc.PetroChina Co. Ltd.Petroleo Brasileiro SAPetroliam Nasional BerhadPTT Global Chemical Public Co. Ltd.RavagoRepsol SASABICTotalEnergies SE

The metallocene polyethylene market analysis for 2022-2026 also investigates the following:

Detail analysis for the factors that drive and hamper the growth market during the forecast periodAnalysis of the metallocene polyethylene market in major regions – APAC, North America, Europe, South America, and Middle East and AfricaMarket size estimation analysis for each segment at a regional levelAnalysis of the metallocene polyethylene industry and its segments in the marketDeep dive into the value/supply chain analysis of the market

Metallocene Polyethylene Market Application Outlook (Revenue, USD billion, 2021-2026)

Films – size and forecast 2021-2026Sheets – size and forecast 2021-2026Injection molding – size and forecast 2021-2026Others – size and forecast 2021-2026
The films segment will have significant market share growth during the forecast period. The growing popularity of mPE-based packaging films as a substitute for conventional packaging films, such as PVC, LDPE, and PET, will drive the segment growth. The food industry is one of the major consumers of mPE-based packaging films. These films are popularly used for packaging meat, meat products, fruits, and vegetables. mPE-based packaging films are also gaining traction in medical packaging as an alternative to PVC-based films.

Metallocene Polyethylene Market Geographic Outlook (Revenue, USD billion, 2021-2026)

APAC – size and forecast 2021-2026North America – size and forecast 2021-2026Europe – size and forecast 2021-2026South America – size and forecast 2021-2026Middle East and Africa – size and forecast 2021-2026
APAC will account for 43% of the market’s growth during the forecast period. China and India are the key countries for the metallocene polyethylene market in APAC. Moreover, market growth in this region will be faster than the growth of the market in other regions. The superior properties of mPE, such as high tensile strength, puncture resistance, and tear resistance, will facilitate the metallocene polyethylene market growth in APAC during the forecast period.

This article was shared with Prittle Prattle News as a Press Release by PRNewswire.

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