Global Metallocene Polyethylene Market: Regional Analysis
Asia Pacific accounted for the largest revenue share of 39.4% in the global metallocene polyethylene market in 2022, and is projected to continue its dominance during 2023-2030. Furthermore, North America is expected to witness significant growth of 6.1% in the global metallocene polyethylene market during the forecast period. Increasing demand for metallocene polyethylene in packaging industry, owing to features offered by metallocene polyethylene is expected to drive growth of the market in North America during the forecast period.
For instance, metallocene linear low density polyethylene (mLLDPE) offers high transparency and high gloss, when it is transformed into a film. Furthermore, its extraordinary tear and puncture resistance properties are useful in packaging applications. Key players are focusing on adopting strategies such as product development and launches, in order to expand their business in North America metallocene polyethylene market. For instance, Repsol Company, a company that produces metallocene linear low density polyethylene (mLLDPE) and high density polyethylene (HDPE), has presence in the U.S., Canada, and Mexico, and offers metallocene polyethylene worldwide. In 2016, the company launched its new metallocene polyethylene range under the trade mark Repsol Resistex.
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