Automotive Refinish Coatings Market- Global Industry Analysis,Trends Metallocene Polyolefin Industry Trends and key Ins | Page 2

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A new research report by Transparency Market Research offers a comprehensive evaluation of the global Metallocene Polyolefin Market. The study, titled“ Metallocene Polyolefin Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016- 2024”, is available for sale on the firm’ s website.
A metallocene is a compound that consists of two cyclopentadienyl anions that in the oxidation state are bound to a metal center which results ina general formula. Metallocene and itsderivatives contain catalytic properties although they are rarely used industrially. They are a sub-set of a broader variant of organometallic compounds known as sandwich compounds. The global market for metallocene polyolefin is segregated on the basis of type, application, and region. On the basis of type, the global market for metallocene polyolefin is segregated into metallocene polyethylene( mPE) and metallocene polypropylene( mPP). Metallocene polyethylene is further sub-segmented into Metallocene High Density Polyethylene( MHDPE), Metallocene Linear Low Density Polyethylene( MLLDPE), and others.
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Metallocene polyethylene( mPE) accounted for the most dominant market share in 2015 and is forecasted to have the most rapid growth rate over the forecast period. On the basis of application, the global market for metallocene polyolefin is segregated into injection molding, film & sheet, and others. Others segment is further sub-segmented into pipes & panels, wire & cable, raffia, blow molding, fiber, extrusion coating, and rotomolding. Film & sheet application wasthe most dominant market segment among all application types. This is attributed to high demand from the non-food packaging industry. Film & sheet application is followed by injection molding. This segment is also forecasted to witness rapid growth rate. This is attributed to the technical advantage metallocene polyolefin has over conventional polyolefins.
Major drivers of the global metallocene polyolefin market include high productivity of metallocene catalyzed polyolefins. This has increased its demand in various end-user industries, thus triggering market growth. Rising demand from food and non-food packaging industry is a major driver of the global market for metallocene polyolefin. In addition, increasing demand for metallocene polyolefins in various end-user applications is driving overall market growth. High cost of