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Metallocene Polyolefin (mPO) - Global Strategic Business Report

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    Report

  • 339 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5030152

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.

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

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.

Select Competitors (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.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • From Pandemic to War & Inflation: “Gloomy Outlook for 2023 Despite Signs of Easing Inflationary Conditions”
  • Here’s How Inflationary Pressures Affect the Economy
  • Russia-Ukraine War, the Primary Culprit Responsible for the Hardships
  • Although Past Peak in 2023, Efforts to Solve the Inflation Puzzle Should Continue
  • Here’s What’s Causing Inflationary Pressures in the Global Market
  • Exhibit 1: Shaken by the War, Global Oil Prices Spiral and Feed Inflationary Pressures, Guiding the World towards a Cost of Living Crisis: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • Exhibit 2: Slower Than Anticipated Decline Makes Inflation a Stickier Than Expected Problem to Solve in 2023: Global Inflation Rates (In %) for the Years 2019 Through 2024
  • Exhibit 3: Global Economy Faces a Tough Climb Towards Recovery Made Rockier by the War, Anti-Inflation Fiscal Policies & Slower Than Desirable Easing of Inflationary Pressures: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • Exhibit 4: Recession Triggered by Uncontrolled Inflation or Unemployment, Which is the Greater Evil? Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024
  • Competitive Scenario
  • Exhibit 5: Metallocene Polyolefin (mPO) - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for 21 Players Worldwide in 2023 (E)
  • Metallocene: A Brief Review
  • An Introduction to Metallocene Polyolefin (mPO)
  • Global Market Prospects & Outlook
  • Key Growth Drivers
  • Market Growth Opportunities, Challenges, and Restraints
  • Analysis by Type
  • Analysis by Application
  • Regional Analysis
  • China Remains at the Front & Center of Global Polyolefin-Linked Patterns
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Packaging Industry: Major Growth Driver for Metallocene Polyethylene Market
  • Strong Demand for Flexible Packaging to Support Market Growth
  • Exhibit 6: A Major Application Area for Metallocene Polyethylene, Flexible Packaging & Its Strong Demand Patterns Opens a Parallel Avenue for Growth in Downstream Processing: Global Opportunity for Flexible Packaging (In US$ Million) for Years 2023, 2025, and 2027
  • Packaging Materials' Hot Melt Adhesive Types
  • Recovery of Automotive Industry Activates Fresh Growth Opportunities for Metallocene Polyolefins Market
  • Exhibit 7: World Automobile Production in Million Units: 2008-2022
  • Exhibit 8: Global Production Capacity of the Automobile Industry (In Million Units) by Region for the Years 2017 and 2022
  • Pandemic Impact & the New Normal
  • Exhibit 9: Global Automotive Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Exhibit 10: Car Production YoY % Growth in 2020 Across Major Regional Markets
  • Growing Focus on Light Weight Models Drive Strong Business Case for Metallocene Polyolefins
  • Exhibit 11: Breakdown of Automotive Material Mix: 2022E
  • Exhibit 12: Lightweighting Trend in Auto Parts: Average Weight of a Passenger Car (In Kgs) for the Years 1990, 2000, 2006, 2016, 2019 and 2023E
  • Erasing Welding Marks in the Interior Plastic Components with Metallocene PP Resin
  • Metallocene Polyolefins Gaining Increased Acceptance in Medical Applications
  • Exhibit 13: 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
  • Exhibit 14: Global Medical Devices Market Size (in US$ Billion) for the Years 2021, 2023, 2025 and 2027
  • Exhibit 15: Global Medical Tubing Market Size in US$ Billion for the Years 2021, 2023, 2025 and 2027
  • Wearable Medical Devices: A Lucrative End-use Market for Medical Metallocene Polyolefins
  • Exhibit 16: Global Medical Devices Market Size (in US$ Billion) for the Years 2021, 2023, 2025 and 2027
  • Exhibit 17: Global Market for Wearable Medical Devices (2016-2024) (in US$ Million)
  • Building & Construction Metallocene Polyolefins Market to Drive Long Term Growth
  • Recovery in Construction Sector to Boost Growth
  • Exhibit 18: Global Construction Spending (in US$ Trillion) for the Years 2020-2028
  • Exhibit 19: Global Value of Megacity Construction Projects (US$ Billion) in 2019
  • Trends in the Construction Industry Influence Market Uptake
  • Rising Investments in Infrastructure Projects Strengthens Market Prospects
  • Exhibit 20: Global Infrastructure Spending (in US$ Trillion) by Region/Country Over the Period 2010-2030
  • Exhibit 21: Global Infrastructure Spending Estimates (in US$ Trillion) by Sector Over the Period 2013-2030
  • Elevated Demand for Eco-Friendly Plastics
  • Consumer Goods Industry Drives Demand for Metallocene Polyolefins
  • Impact of COVID-19 on Electrical Equipment & Consumer Electronics Industry
  • Exhibit 22: Growing Market for Consumer Electronics Presents Opportunity for mPO Market: Consumer Electronics Sales in US$ Billion for the Years 2018, 2020, 2022 and 2024
  • Smartphones & Tablets Emerge as High Growth Devices
  • Exhibit 23: Smartphone Penetration Rate as Share of Total Population: 2016-2022E
  • Exhibit 24: Global Market for Smartphones (in Billion) for 2016-2022E
  • Personal Care Industry Emerges as a Promising End-Use Market for Metallocene Polyolefins Products
  • Exhibit 25: Global Personal Care Market Growth Outlook (in %) for Years 2019 through 2025
  • 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
  • Exhibit 26: Global Plastics Production (In Million Metric Tons) for Years 2015, 2017, 2019, 2021 and 2023
  • Rising Demand for Films and Sheets to Drive Market Growth
  • Challenges Encountered by Metallocene Materials
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Metallocene Polyolefin (mPO) Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Metallocene Polyolefin (mPO) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 3: World Historic Review for Metallocene Polyolefin (mPO) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 4: World 16-Year Perspective for Metallocene Polyolefin (mPO) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Metallocene Polyethylene (mPE) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 6: World Historic Review for Metallocene Polyethylene (mPE) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 7: World 16-Year Perspective for Metallocene Polyethylene (mPE) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Metallocene Polypropylene (mPP) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 9: World Historic Review for Metallocene Polypropylene (mPP) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 10: World 16-Year Perspective for Metallocene Polypropylene (mPP) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Film & Sheet by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 12: World Historic Review for Film & Sheet by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 13: World 16-Year Perspective for Film & Sheet by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Injection Molding by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 15: World Historic Review for Injection Molding by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 16: World 16-Year Perspective for Injection Molding by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 18: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 19: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Metallocene Polyolefin (mPO) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Market Analytics
CANADA
JAPAN
  • Metallocene Polyolefin (mPO) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Market Analytics
CHINA
  • Metallocene Polyolefin (mPO) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Market Analytics
EUROPE
  • Metallocene Polyolefin (mPO) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Market Analytics
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Metallocene Polyolefin (mPO) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Market Analytics
AUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTAFRICAIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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.

Table Information