The global market volume of metallocene-catalyzed resins and elastomers should reach 20.4 billion pounds by 2022 from 14.5 billion pounds in 2017 at a compound annual growth rate (CAGR) of 7% during 2017-2022.
Albany, NY -- (SBWIRE) -- 06/14/2018 -- A new comprehensive study based on metallocene technologies titled "Metallocene Technologies and Global Markets" has been recently submitted to the massive repository of Market Research Hub (MRH). This exhaustive research has been conducted with the help of expert analysts who have carried a vigorous research process that helps in coming up with key outcomes related to the market forecast anticipated for the years coming ahead. According to the study prime findings, the global market volume of metallocene resins/elastomers anticipated to reach 20.4 billion pounds by 2022, from 14.5 billion pounds in 2017 at a CAGR of 7% during 2017-2022.
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Major Insights from the Study
It has been estimated that the global demand for metallocene resins is on the rise mainly due to the growing demand for superior quality polymers and elastomers, which is facilitated by metallocene technologies. A major fact observed by the analysts that Metallocene based technology is estimated to boost the growth of the polyolefin polyethylene, and polypropylene industries.
The report commences with an executive summary that includes an overview of the key outcomes curated by the research. This is followed by a market segmentation that bifurcates the market into various segments based on different parameters. These parameters also include a regional segmentation, which holds a crucial in the concerned market. It helps in identifying the most lucrative region in the global market. The report also comprises factors that are influencing the metallocene technologies market. As per the research prime findings, the advent of metallocene-LLDPE coupled with polyolefin plastomers (POPs) and polyolefin elastomers (POEs) and, polypropylene and EPDM variants, among others, has transformed these materials into a significant market.
In order to provide a comprehensive view of the market, the report has been categorized on the basis of type, application, and end-user industries. By type, it covers LDPE, HDPE, LLDPE, MDPE, UHMWPE, ULDPE and VLDPE. On the other hand, applications of metallocene resins/elastomers include films used in non-food packaging, flexible food packaging, non-packaging films, rigid food packaging, consumer/industrial packaging, polymer modification, shrink/stretch films, wire/cable, hose/tubing, medical products and automotive products.
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In the end, the report covers an in-depth section on the competitive landscape of the market. It includes details about all the companies that are at a higher level in the market. At present, major players in the global market include Borealis AG, Dow Chemical Corp., ExxonMobil Chemical Company, Japan Polychem Corp., and Total Petrochemicals. These company profiles presented in the report can help a reader understand the market strategy of these key players. The growing R&D investment for developing metallocene technologies will provide immense opportunities to the players operating in the global market.
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