Global Metallocene Polyolefin (mPO) Industry Report 2022-2024 and 2030 - Building & Construction Metallocene Polyolefins Market to Drive Long Term Growth

DUBLIN, March 11, 2024 /PRNewswire/ -- The "Metallocene Polyolefin (mPO) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Metallocene Polyolefin (mPO) Market to Reach $31 Billion by 2030

The global market for Metallocene Polyolefin (mPO) estimated at US$15.2 Billion in the year 2022, is projected to reach a revised size of US$31 Billion by 2030, growing at a CAGR of 9.3% over the analysis period 2022-2030. Metallocene Polyethylene (mPE), one of the segments analyzed in the report, is projected to record 9.8% CAGR and reach US$22.2 Billion by the end of the analysis period. Growth in the Metallocene Polypropylene (mpp) segment is estimated at 8.1% CAGR for the next 8-year period.

This report delves into the Metallocene Polyolefin (mPO) market, providing insights into key competitors' percentage market share in 2023 and evaluating their competitive market presence worldwide. It offers a brief review of metallocene and introduces metallocene polyolefin, exploring its market prospects, growth drivers, opportunities, challenges, and restraints globally.

The U.S. Market is Estimated at $3.2 Billion, While China is Forecast to Grow at 11.5% CAGR

 The analysis covers different types and applications of mPO, along with regional insights, highlighting China's pivotal role in global polyolefin-related trends. Additionally, recent market activity is examined to provide a comprehensive understanding of the current landscape in the mPO market. 

The Metallocene Polyolefin (mPO) market in the U.S. is estimated at US$3.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6.6 Billion by the year 2030 trailing a CAGR of 11.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.5% and 8.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.6% CAGR.

MARKET TRENDS & DRIVERS

• Packaging Industry: Major Growth Driver for Metallocene Polyethylene Market
• Strong Demand for Flexible Packaging to Support Market Growth
• A Major Application Area for Metallocene Polyethylene, Flexible Packaging & Its Strong Demand Patterns Opens a Parallel Avenue for Growth in Downstream Processing
• Packaging Materials' Hot Melt Adhesive Types
• Recovery of Automotive Industry Activates Fresh Growth Opportunities for Metallocene Polyolefins Market
• Car Production YoY % Growth in 2020 Across Major Regional Markets
• Growing Focus on Light Weight Models Drive Strong Business Case for Metallocene Polyolefins
• Breakdown of Automotive Material Mix: 2022E
• Lightweighting Trend in Auto Parts
• Erasing Welding Marks in the Interior Plastic Components with Metallocene PP Resin
• Metallocene Polyolefins Gaining Increased Acceptance in Medical Applications
• Potential Market for Medical Grade Metallocene Polyolefins (2023E): Percentage Share Breakdown of Global Surgical Procedure Volume by Type
• Use of Polyolefins for Manufacturing Medical Devices and Packaging Witnesses a Surge
• Wearable Medical Devices: A Lucrative End-use Market for Medical Metallocene Polyolefins
• Building & Construction Metallocene Polyolefins Market to Drive Long Term Growth
• Recovery in Construction Sector to Boost Growth
• Trends in the Construction Industry Influence Market Uptake
• Rising Investments in Infrastructure Projects Strengthens Market Prospects
• Elevated Demand for Eco-Friendly Plastics
• Consumer Goods Industry Drives Demand for Metallocene Polyolefins
• Impact of COVID-19 on Electrical Equipment & Consumer Electronics Industry
• Growing Market for Consumer Electronics Presents Opportunity for mPO Market
• Smartphones & Tablets Emerge as High Growth Devices
• Personal Care Industry Emerges as a Promising End-Use Market for Metallocene Polyolefins Products
• Sophisticated Technologies to Enable High-Performance Polyolefin Materials & Products
• Advanced Properties Making Polyolefins Highly Adaptable
• Unabated & Unrelenting Use of Plastics Across Industries, Despite the Growing Urgency of Plastic Pollution, to Sustain Demand for Polyolefins Films and Sheets
• Rising Demand for Films and Sheets to Drive Market Growth
• Challenges Encountered by Metallocene Materials

FOCUS ON SELECT PLAYERS (Total 21 Featured) 

• Borealis AG
• Braskem SA
• Chevron Phillips Chemical Company LLC
• DAELIM Industrial Co., Ltd.
• Dow, Inc.
• DuPont de Nemours, Inc.
• ExxonMobil Chemical Company
• GAIL (India) Ltd.
• INEOS Group AG
• Japan Polychem Corporation
• LG Chem Ltd.
• LyondellBasell Industries NV
• NOVA Chemicals Corporation
• Prime Polymer Co., Ltd.
• SABIC (Saudi Basic Industries Corporation)
• Sumitomo Chemical Co., Ltd.
• Total SA
• UBE Industries Ltd.

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