Global Metallocene Linear Low Density Polyethene (mLLDPE) Market Report 2023: Growing Demand for Packaging Materials Bolsters Sector – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Metallocene Linear Low Density Polyethene (mLLDPE) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Foreign Trade, Sales Channel, Regional Demand, Company Share, 2015-2035” report has been added to ResearchAndMarkets.com’s offering.

The global Metallocene Linear Low Density Polyethene (mLLDPE) market has reached approximately 2000 thousand tonnes in 2021 and is expected to grow at a CAGR of 5.17% during the forecast period until 2035. mLLDPE has replaced other polyolefins as it offers significant performance advantages over like superior toughness, sealing performance improvements along with improved optics.

Major applications of this product are in the packaging sector attributing to excellent impact and puncture resistance. mLLDPE is used in fabrication of high-performance film which is used for various application such as food and medical packaging, heavy duty sack etc.

Metallocene Linear Low Density Polyethene is produced using metallocene with Ziegler catalyst. Although mLLDPE was introduced many years ago but it failed to get the popularity in the market due to high cost. Withstanding the challenges, manufacturers are now producing low cost mLLDPE, using modern fabricating equipment which has optimized the process and increased the output thereby, resulting in low-cost product. Owing to high mechanical strength, better barrier properties & elasticity, it is employed in manufacturing of laminating sheet. Other applications of mLLDPE include consumer goods – housewares, flexible toys, agricultural films and wiring cables.

Growing demand for packaging materials is anticipated to be the primary driver for the expansion of the Metallocene Linear Low Density Polyethene (mLLDPE) market. Owing to its properties, this chemical is employed in manufacturing of laminating sheet. Laminating packing is better than single film because laminating improves the strength of material by making it more resistance to tearing, punching.

Moreover, the introduction of co extruded sealant film is anticipated to increase the demand of mLLDPE in the forecasted period. The Packaging Industry consumed approximately 75% of the global mLLDPE in 2021. Growing concern of people on their health and wellness has led to a growth in demand for packed food products including fruits and vegetables, resulting in a further surge in the demand for flexible mLLDPE packaging. The Metallocene Linear Low Density Polyethene (mLLDPE) market value stood around USD 3 billion in 2021 and is anticipated to reach around USD 8.5 billion by 2035.

Based on demand by region, Asia Pacific dominates the global Metallocene Linear Low Density Polyethene (mLLDPE) market and consumed approximately 50% of the total production in 2021. Robust demand for metallocene linear low-density polyethylene for food packaging is anticipated to further aid the mLLDPE market during the forecast period in countries like India, Japan, and South Korea of the APAC region. Moreover, as a result of urbanization in these developing nations, the surge in demand of ready-to-eat items is anticipated to further fuel the mLLDPE market in future. Furthermore, USA is the leading producer of mLLDPE on the global level.

Based on the end-user industry, the Metallocene Linear Low Density Polyethene (mLLDPE) market is segmented into sectors such as Packaging, Agriculture Film, Heavy Duty Sacks, and Others. The Packaging industry is the major consumer of mLLDPE. Owing to increase in e-commerce, the packaging sector is anticipated top further propel the mLLDPE demand in the forthcoming years.

Significant companies producing the Global Metallocene Linear Low Density Polyethene (mLLDPE) are ExxonMobil Corporation, Prime Polymer Co Ltd., Daelim Industrial Co. Ltd, PTT Global Chemical Public Company Limited, The Dow Chemical Company, LG Chem, Chevron Phillips Chemical Company, Ineos Group Ltd, Repsol, SABIC SK Nexlene Company, Braskem, Shenyang Chemical, and Gas Authority of India Limited (GAIL).

Report Scope:

In this report, Global Metallocene Linear Low Density Polyethene (mLLDPE) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, by End-use: Packaging, Agriculture Film, Heavy Duty Sacks, and Others
• Market, by Sales Channel: Direct Sale and Indirect Sale
• Market, by Region: North America, Europe, Asia Pacific, Middle East and Africa, and South America.

For more information about this report visit https://www.researchandmarkets.com/r/jrfoas

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