Global Metallocene Polyolefin Market - 2021-2028
本報告調查了全球茂金屬聚烯烴市場，按細分/地區對市場規模和增長率的市場趨勢和預測，新型冠狀病毒感染 (COVID-19) 的影響分析以及市場增長進行了概述。它提供了分析促進因素和限制因素、市場機會、競爭條件、主要公司的概況等。
The metallocene polyolefin market size was worth US$ XX billion in 2020 and is estimated to reach US$ XX billion by 2028, growing at a CAGR of XX % during the forecast period (2021-2028).
The polyolefin is a type of polymer catalyzed by metallocene catalyst, also known as metallocene polyolefin. Metallocene provides numerous advantages over traditional polymerization techniques such as a wide range of metallocene polyethylenes can be formed with different properties ranging with varying melting points and good heat resistance. Polyolefins are further categorized into three categories: Polyethylene (high-density HDPE, low-density LDPE, linear low-density LLDPE), Polypropylene and Ethylene propylene diene monomer. Metallocene polyolefin is used in numerous applications such as consumer packaging, deepfreeze bags, stretch hood, plastic bottles, roofing, auto parts, electrical insulation and others.
The global metallocene polyolefin market growth is driven by increasing demand in the packaging industry and as replacement for PVC.
Replacement for PVC
The growing demand for metallocene polyolefin is directly linked with the replacement of PVC in various industries. PVC has been widely used in various industries including medical industry, but rising concerns with toxic by-products of processing and post-use incineration cater to the need for replacement of PVC as the material has already imposed a ban in packaging, medical devices, toys and a number of other applications. It has also been suffering ban in various countries like Canada, Spain, South Korea and the Czech Republic.
As a replacement, metallocene polyolefins possess the same properties as PVC, particularly for medical products requiring ductility at low temperatures and high impact strength. According to the industry analysis, almost 50% of the plastics consumed consist of the polyolefins group, with most demand in polypropylene and low-density polyethylene, indicating the growth of the metallocene polyolefin market globally.
Hich cost associated with metallocene polyolefin
The metallocene polyolefin market is getting affected by high prices for metallocene polyolefin as it is comparatively more expensive than other availble alternatives in the market.
Moreover, various metallocene polyolefins (linear low-density polyethylene) are more difficult to treat in film-blowing equipment than other substitutes, making it complicated for end-user to utilize them. However, increasing and R&D and introducing modern equipment are offering companies to develop new product innovations and will help in overcoming the restraints related to the market.
COVID-19 Impact Analysis
Due to the pandemic, stakeholders across the metallocene polyolefin industry have seen a notable impact as all the manufacturing industries were closed. The market suffered a decline in 2020 due to reduced demand in construction, automotive, consumer products and other related sectors. The metallocene polyolefin market suffered low production because of halts and supply chain disruption with restrictions in travelling globally. In addition, certain industries had a positive impact, such as medical and packaging industry experienced significant growth amid pandemic.
However, the market is expected to recover in upcoming years with recovery in industries like automotive and construction are expected to work with higher production. Also, upcoming healthy opportunities in the packaging industry will result in market growth.
By type, the metallocene polyolefin market is classified into metallocene polyethylene, metallocene polypropylene and ethylene propylene diene monomer (EPDM).
The metallocene polyethylene type market is expected to grow at the fastest CAGR during the forecast period (2021-2028)
The metallocene polyethylene type is expected to hold the largest share for metallocene polyolefin market is the forecast due to the following advantages: resistance to impact, perforation and tearing, processing with great resistance to melting, sealing properties, optical properties and specific for multilayer film extrusion.
The demand for metallocene polyethylene is due to its significant properties in packaging, automotive, construction, healthcare and other various industries. According to Catalyst Group Resources, metallocene polyethylene has gained much more importance compared to the metallocene polypropylene market. Sales of metallocene polypropylene were approximated 1.4 million metric tonnes when compared to polypropylene it consumes only 2 to 3% of the world's polypropylene demand. Also, according to Exxon Mobil, the market for metallocene polyethylene is expected to dominate the market with expected growth of 20-30% in the upcoming years resulting from useful innovations in the field.
Asia Pacific region holds the largest market for the global metallocene polyolefin globally
Asia Pacific holds the largest market for metallocene polyolefin globally and is forecasted to continue its dominance with increasing demand from packaging films in countries like China, Japan and other developing countries. There has been significant growth in the production of metallocene polyolefin in the region, such as GAIL India Ltd manufactures metallocene linear-low density polyethylene with the production of 400,000 MT per annum on its plant with M/s Univation Technology, USA. Also, it is licensed with Sclairtech solution licensed from M/s Nova Chemicals, Canada, to produce LLDPE and HDPE and has two slurry-based polymerization processes licensed from M/s Mitsui Chemicals, Japan, to produce HDPE.
Also, Hyundai Chemical Company, Ltd. has opened its plant in Daesan, the Republic of Korea, for 300 kTA high-density polyethylene (HDPE). Hence, these significant investments in the market are expected to create a major impact on the market growth.
The metallocene polyolefin market is moderately competitive with the presence of the local players followed by the global companies who contribute to the major share in the market growth. In addition, some of the key players contributing to the growth of the market are Total SE, SABIC, Exxon Mobil, Univation Technologies, Brentwood plastics inc, LyondellBasell Industries Holdings B.V, Dow Chemical, Chevron Phillips Chemical, LG Chem Ltd., Nova Chemicals Ltd. and others. The major players are adopting various new strategies to dominate the market, such as launching new products, acquisitions and collaborations, which are contributing to the growth of the metallocene polyolefin market globally.
Overview: Total SE is a French multinational company mainly dealing in the oil & gas and petrochemical field. . The Company produces, supplies and transports natural gas, crude oil, low carbon electricity and refines petrochemical products. It owns gasoline filling stations in Europe, the United States, and Africa.
Product Portfolio: The Company manufactures a variety of products including polypropylene, impact copolymer polypropylene, homopolymer polypropylene, impact polystyrene, crystal polystyrene and various others.
Key Development: In 2019, Total SE launched a new range of Lumicene Supertough products for metallocene polyolefin with superior cleanliness, improved gloss and transparency, as well as enhanced processing and mechanical properties.
The global metallocene polyolefin market report would provide access to an approx: 61 market data table, 61 figures and 230 pages.
LIST NOT EXHAUSTIVE