Market Size of Metallocene Polyolefin Worth USD 14.05 Billion by 2021 – Increasing Demand for Quality Resins – Research and Markets
By Business Wire News
By Business Wire News
Research and Markets has announced the addition of the “Metallocene Polyolefin (mPO) Market by Type (mPE & mPP), Application (Film & Sheet, Injection Molding, and Others), and by Region – Global Forecast to 2021” report to their offering.
The market size of metallocene polyolefin is estimated to reach USD 14.05 Billion by 2021, growing at a CAGR of 10.15% during the forecast period. The market is driven by increasing global demand for quality resins, rise in packaging industry, food industry developments, and technological advances. The rising demand for metallocene polyolefin is mainly due to its superior properties over the conventional polyolefin, which is the major driving factor of this market.
Asia-Pacific dominates the metallocene polyolefins market owing to increased demand from the film & sheet application. The rising demand for quality resins with superior mechanical properties has significantly increased the growth of the region’s process industry, which consequently has triggered the demand for metallocene polyolefins.
Film & sheet and injection molding are the top 2 applications contributing to the growing demand for metallocene polyolefins in Asia-Pacific. North America is the second-largest market for metallocene polyolefins, globally. The mature market of Western Europe is projected to inhibit the growth of the metallocene polyolefin market to some extent.
The metallocene polyolefins market faces bottlenecks to its growth due to the fluctuations in raw material prices, which is the major restraint in the usage of metallocene polyolefins.
- Borealis AG
- Braskem S.A.
- Chevron Phillips Chemical Company LLC
- Daelim Industrial Corp. Ltd.
- Daqing Petrochemical Co. Ltd.
- ExxonMobil Corporation
- Gas Authority of India Ltd.
- INEOS Group AG
- Japan Polychem Corporation Ltd.
- LG Chem Ltd.
- LyondellBasell Industries Holdings B.V.
- Nova Chemicals Ltd.
- Prime Polymer Co. Ltd.
- Sumitomo Chemical Corp. Ltd.
- The Dow Chemical Company
- Total S.A.
- UBE Industries Ltd.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 mPO Market, By Type
8 mPO Market, By Application
9 mPO Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information visit http://www.researchandmarkets.com/research/vn7xlv/metallocene.
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