Metallocene Polyethylene (mPE) Market worth $10.5 billion by 2028 | Key players ExxonMobil Corporation (US), The Dow Chemical Company (US), LyondellBasell Industries Holdings B.V. (Netherlands).

According to recent market research the "Metallocene Polyethylene (mPE) Market by Application (Films, Sheets, Injection Molding, Extrusion Coating), Type (mLLDPE, mHDPE), Catalyst Type, End-Use Industry (packaging, automotive), and Region - Global Forecast to 2028", is projected to grow from USD 7.7 billion in 2023 to USD 10.5 billion by 2028, at a CAGR of 6.2% during the forecast period. The expansion of the mPE market is closely related to its uses in a variety of industries such as packaging, automotive, consumer products, healthcare, and others. The metallocene polyethylene (mPE) market may expand in response to increased demand for improved quality materials in these industries.

Browse 245 market data Tables and 49 Figures spread through 262 Pages and in-depth TOC on "Metallocene Polyethylene (mPE) Market - Global Forecast to 2028"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/metallocene-polyethylene-market-248864715.html

The mLLDPE, by type segment of the metallocene polyethylene (mPE) market, is projected to be the fastest-growing segment from 2023 to 2028. mLLDPE has improved mechanical qualities, improved clarity, increased tensile strength, and improved processability. Due to its adaptability, mLLDPE is appropriate for a wide range of applications such as packaging films, industrial liners, automotive components, and more. As various sectors seek materials with specific qualities, the adaptability of mLLDPE could contribute to its market growth.

The films, by application segment of the metallocene polyethylene (mPE) market, is projected to be the fastest-growing segment from 2023 to 2028. Due to its unique features and advantages, metallocene polyethylene (mPE) films are widely used in a variety of sectors. Metallocene catalysis provides fine control over the molecular structure of the polymer, resulting in films with superior mechanical qualities such as increased tensile strength, rip resistance, and puncture resistance. Demand is expected to be driven by industries that require robust and durable films, such as packaging and agricultural.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=248864715

Asia Pacific is projected to be the fastest growing metallocene polyethylene (mPE) market during the forecast period. Metallocene polyethylene (mPE) growth in the Asia Pacific region is driven by several factors related to the region's economic, industrial, and cultural dynamics. The Asia-Pacific packaging sector is expanding rapidly because of factors such as rising consumerism, changing lifestyles, and the rise of e-commerce. The attributes of mPE, including clarity, barrier properties, and lightweight nature, are in line with the demands of modern packaging.

ExxonMobil Corporation (US), The Dow Chemical Company (US), LyondellBasell Industries Holdings B.V. (Netherlands), SABIC (Saudi Arabia), Borealis AG (Austria), SASOL(South Africa), Reliance Industries Limited (India), Braskem (Brazil), Mitsui & Co. (Japan), INEOS (UK), Westlake Chemical Corporation (US), Chevron Phillips Chemical Company LLC (US), Daelim Co., Ltd. (South Korea), LG Chem (South Korea) and UBE Corporation (Japan) are the key players in metallocene polyethylene (mPE) market.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=248864715

ExxonMobil operates in various business segments such as energy products, upstream, chemical products, and specialty products. The company's chemical business segments produce different types of metallocene polyethylene resins which are used in diverse applications such as agricultural films, food packaging, and others. In January 2022, ExxonMobil formed a joint venture with SABIC to build a facility that includes an ethane steam cracker, two polyethylene units, and a monoethylene glycol unit.

SABIC is a diverse chemical manufacturing company that operates in various regions including the Americas, Europe, the Middle East, and Asia-Pacific. The company manufactures metallocene polyethylene products under its petrochemicals and specialty unit. The company serves its products to various industries such as construction, packaging, and medical devices. In November 2022, SABIC partnered with Jinming Machinery Co., Ltd. & Bolsas de los Altos. The aim of this partnership is to drive innovation in the flexible film packaging industry.

LyondellBasell Industries Holding B.V. operates in various business segments such as Olefins and Polyolefins, Intermediates and Derivatives, Refining and Marketing, and Technology. Its olefins and polyolefins segment manufactures metallocene polymers which is used in diverse applications such as automotive and packaging films. In November 2022, LyondellBasell Industries Holding B.V. announced its plan to expand its propylene production capacity at its Channelview Complex near Houston, TX.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/metallocene-polyethylene.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/metallocene-polyethylene-market.asp

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

This release was published on openPR.