Metallocene Polyethylene (mPE) market is estimated at USD 4.99 Billion in 2018 and is projected to reach USD 6.98 Billion by 2023, at a CAGR of 6.9% between 2018 and 2023. The availability of plastic products at affordable rates and rise in demand for packaging materials have contributed to the increased consumption of mPE products in various applications. Leading players operating in the mPE market include Sasol (South Africa), Braskem (Brazil), Reliance (India), Mitsui (Japan), ExxonMobil (US), Dow Chemical, LyondellBasell (Netherlands), SABIC (Saudi Arabia), Borealis (Austria), Formosa (Taiwan), INEOS (UK), Westlake (US), and NOVA Chemicals (Canada).

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Increasing demand for metallocene polyethylene from the packaging industry

Metallocene polyethylene has high potential for market growth, due to its superior properties as compared to conventional polyethylene. The downgauging property of mPE helps the packaging industry achieve sustainable packaging as mPE films are thinner and superior in performance. Also, the high mechanical strength of mPE coupled with its strong sealing properties ascertain the safe transportation of fragile high-end products.

The consumption of metallocene polyethylene has recently increased in Asia Pacific, due to the rising demand for performance polymers from various end-use industries. In the early 90s, the mPE market was concentrated only in regions such as North America and Europe. However, in the recent past, Asia Pacific has witnessed growth in this market due to the rapid industrialization, primarily in the emerging economies of China and India. A number of mPE producers are currently shifting their manufacturing base to Asia Pacific to tap opportunities in this region. The demand for mPE in from the Asia Pacific along with the increasing demand for metallocene polyethylene from the packaging industry is one of the major factors driving the mPE market during the forecast period.

• Metallocene Polyethylene (mPE) Market Based on Type:
  • mLLDPE
  • mHDPE
  • Others
• Metallocene Polyethylene (mPE) Market Based on Application:
  • Films
  • Sheets
  • Injection Molding
  • Extrusion Coating
  • Others
• Metallocene Polyethylene (mPE) Market Based on Region:
  • Asia Pacific
  • North America
  • Europe
  • Middle East & Africa
  • South America

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.

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