Metallocene linear low density polyethylene (Metallocene LLDP) is a thermoplastic material, which is manufactured by using metallocene catalyst. Metallocene LLDP has exceptional optical properties and enhanced puncture strength and impact compared to other metallocene resins such as metallocene high pressure low density polyethylene. The metallocene LLDP films have applications in heavy-duty bags, packaging, stretch films, and others.

Market Dynamics:

Growth of the market is majorly attributed to increasing use of Metallocene LLDP resins in packaging industry. Metallocene LLDPE is highly elastic and flexible. Therefore, it is extensively used in the manufacturing of extrusion coated lamination, flexible packaging, and rotational molding for industrial and food applications. The new generation metallocene LLDPE films are designed to offer improved mechanical strength, increased optical properties, greater stiffness, and high tensile strength. New generation metallocene LLDPE film have applications in industrial, food, and hygiene packaging. However, the growth of the market is expected to be restrained by the high cost of catalyst.

Key players in the market are focusing on various strategies such as business expansion, in order to strengthen their market position. For instance, in 2017, Chevron Phillips Chemical Company LLC started its new polyethylene unit at Old Ocean, Texas, U.S. In this new plant, the company manufactures around 500,000 MT (metric tons) of polyethylene annually. This new unit manufactures polyethylene resins such as metallocene LLDPE film and bi-modal film, and pipe products. This new unit adopted Chevron Phillips Chemical's proprietary MarTech technology.

Market Outlook:  

On the basis of end-use industry, the non-food packaging segment is expected to hold a dominant position in the market. The global packaging sector is expected to exhibit high growth during the forecast period, owing to increasing plastic consumption for the packaging of food and non-food items. The primary region that is expected to drive growth of packaging sector is Asia Pacific, with increasing demand from emerging economies such as India and China. The factors attributing growth of the packaging sector include increasing number of end-use industries, technological innovations in manufacturing of plastic goods, rapid urbanization, and others.  

Among regions, Asia Pacific region is expected to hold a dominant position in the global metallocene LLDPE market during the forecast period. For instance, according to Assocham-EY, demand for plastic and packaging materials in India is expected to grow significantly over the forecast period (2019-2027), with packaging industry expected to reach over US$ 70 Bn by 2020. Thus, rapidly expanding plastic industry and increasing demand of packaging materials in Asia Pacific is expected to create various growth opportunities for players in the metallocene LLDPE market over the forecast period.

Key players:

Key players operating in the global metallocene LLDPE market include Borealis AG (Austria), Formosa Plastics Corporation (Taiwan), Chevron Phillips Chemical Company (U.S.), SABIC (Saudi Arabia), INEOS Group Limited (U.K.), Dow Inc. (U.S.), LyondellBasell Industries N.V. (Netherlands), Exxon Mobil Corporation (U.S.), Total Petrochemicals USA (U.S.), Brentwood Plastics Inc. (U.S.), and Prime Polymer Co., Ltd. (Japan) among others.

Market Taxonomy:

On the basis of end use, global metallocene LLDPE market is segmented into:

  • Film
    • Heavy & Medium Duty Bags
    • Stretch Film
    • Food Packaging
    • Greenhouse Films
    • Lamination
  • Blow Molding
  • Others

On the basis of end-use industry, global metallocene LLDPE market is segmented into:

  • Food Packaging
  • Non-food Packaging
  • Automotive

On the basis of region, global metallocene LLDPE market is segmented into:

  • North America
    • U.S.
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • ASEAN
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa
    • Middle East
    • Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users