Metallocene Polyethylene Market (mPE)Location: San Jose, CA
Date: 2019-09-05Metallocene Polyethylene Market (mPE) is expected to reach USD 7.54 Billion by 2024 from USD 4.76 Billion in 2016 at a CAGR of 6.8 %.
Rising demand of MPE from the packaging industry and solar power industry is anticipated to fuel metallocene market growth. While, high cost of polyolefins as compared to other catalysts and growing concerns related to plastic disposal are hindering the market growth.Global Metallocene Polyethylene (mPE) MarketMetallocene catalyzed linear low density polyethylene, metallocene high-density polyethylene and others are type segments of metallocene polyethylene market. Metallocene catalyzed linear low density polyethylene offers high tensile strength and puncture resistivity, it is largely used for various applications across end-use industries hence is leading the market.
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Films segment is expected to hold one of the largest shares of the market during the forecast period. Growth of this is segment is attributed to the large demand for metallocene polyethylene films from the packaging sector.Films segment is followed by the injection molding segment.
Geographically, the metallocene polyethylene market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific is projected to witness high growth led rising demand for packaging films from the food & beverages industry especially from China, India, Japan, South Korea and Malaysia in Asia Pacific region. Contact Info: 9607365656