Impact of Covid-19 on Metallocene Polyethylene Market

Metallocene polyethylene, also referred to as mPE, is a unique grade of polyethylene, which is produced using metallocene catalyst. The resultant grade of polyethylene produces polyethylene grade with pure and consistent properties. Desirable properties exhibited by metallocene polyethylene include processability, toughness, and stiffness. Metallocene polyethylene provides a better solution in terms of extrusion output compared to blends of Ziegler-Natta catalyzed linear low density polyethylene (LLDPE) and high pressure low density polyethylene (HP-LDPE). Its dart impact strength is much higher than that of products manufactured through ZN-LLDPE. Furthermore, films made from metallocene polyethylene exhibit fast hot tack. As a result, the films produced from metallocene polyethylene allow rapid sealing. The usage of metallocene catalyst allows producers to provide tailor-made solutions, with desired properties such as soft, low melting point to high melting point, and high heat resistance for specific applications. Metallocene polyethylene resin is substituting PVC and EVA as a raw material in the manufacture of films in various applications. The technology employed for manufacturing metallocene polyethylene is environmentally-friendly and safety oriented. Metallocene polyethylene is being employed on a large scale in the production of films, which are used in a wide range of packaging applications in end-user industries such as consumer goods, hygiene, food, industrial packaging, and agricultural films. Asia Pacific is anticipated to offer lucrative opportunities for metallocene polyethylene manufacturers owing to the expansion in the packaging industry.

Based on product type, the metallocene polyethylene market can be segmented into mLLDPE, mMDPE, and mHDPE. Currently, the market is dominated by the mLLDPE segment. The segment is anticipated to continue its dominance during the forecast period, as mLLDPE exhibits outstanding optical properties and better impact & puncture strength vis-à-vis other resins. The mLLDPE segment is estimated to expand at a significant pace during the forecast period, owing to the increase in demand for these in films in the packaging industry.

In terms of application, the metallocene polyethylene market can be divided into films, sheets, injection molding, and extrusion coating. Currently, the films segment dominates the metallocene polyethylene market. Films produced from metallocene polyethylene exhibit enhanced properties. These films are ideal for applications such as packaging, heavy-duty bags, refuse bags, shrink films, stretch films, agricultural films, etc. The films segment is anticipated to continue its dominance during the forecast period, and register a significant growth rate during the forecast period.

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In terms of geography, Asia Pacific is the major consumer of metallocene polyethylene. Demand for metallocene polyethylene has been increasing constantly, due to the rise in usage in packaging applications. Asia Pacific is one of the rapidly growing markets for the packaging industry. Furthermore, solar and automotive industries, which are among the end-user industries of metallocene polyethylene, are also anticipated to exhibit significant growth during the forecast period. This, in turn, is boosting the demand for metallocene polyethylene. Countries expected to be attractive markets for metallocene polyethylene include China, India, Indonesia, Thailand, and Vietnam.

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Key players operating in the metallocene polyethylene market include Braskem, China Petrochemical Corporation, ExxonMobil Corporation, Mitsui & Co., Ineos, LyondellBasell Industries Holdings B.V., Nova Chemicals Corporation, Prime Polymer Co., Ltd., Reliance Industries Limited, SABIC, Sasol Limited, The Dow Chemical Company, Univation Technologies, Westlake Chemical Corporation, Borealis AG, Total Petrochemicals & Refining USA, Inc., and Formosa Plastics Corporation.

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Tunnel Boring Machine Market: Applications, Revenue, Growth and Trends

Tunnel boring machines are gigantic special-purpose machines, particularly used in building tunnels for roads, railways, and pipelines. These machines are long with circular cross-sections and help in boring round holes through any rock. Tunnel boring machines are intricate assemblies of several systems working in conjunction with each other. Diameter of tunnel boring machines ranges from 1 meter to 20 meters. These machines can cut clean through rocks, sometimes along with creating concrete shields around the bored tunnels. The tunnel boring machine market is largely driven by the increase in spending on road and railway infrastructure. Countries such as China, Japan, Italy, South Korea, Norway, and Germany have vast tunnel networks. The key reason is to connect major cities within the country, sometimes even international, with minimum commute time. This largely optimizes the transportation costs and connects cities to boost commerce. The other method for building tunnels is...

GLOBAL WOOD COATINGS MARKET TO TOUCH VALUATION OF US$17.595 BN BY 2025 END

The global wood coatings market features a highly competitive landscape owing to the presence of a plethora of companies competing against one another, notes Transparency Market Research (TMR). Top players in the wood coatings market increasingly resort to forward integration strategies to gain substantial competitive benefits, which may help them to retain their stronghold over the assessment period. Several players are also focusing on product differentiations to attract more consumers and consolidate their positions in various regions. This is especially the trend among small- and medium-scale manufacturers who find this a key strategy to gain a foothold in the wood coatings market. TMR finds that the wood coatings market is also fairly consolidated as the top four players held a combined share of nearly 60.0% in 2016. These companies are RPM International Inc., Akzo Novel N.V., PPG Industries Inc., and The Sherwin Williams Company. Of these, The Sherwin Willia...

ANTHOCYANIN CONSUMPTION LEVELS TO TAKE OFF IN DEVELOPING REGIONAL MARKET

TMR projects the global anthocyanin market to reach US$ 735.9 Mn by 2026. Over this period of 2018-2026, the anthocyanin market is forecast to report a CAGR of 4.6%. Among the key end use segments, the food and beverages industry is likely to lead the market in 2018. The trend is likely to remain unchanged throughout the course of the forecast period. Regionally, the North America anthocyanin market held the leading share in the global market in 2018. The global anthocyanin market exhibits the presence of several large companies. Besides this, domestic players enjoy a stronghold in regional pockets, which has rendered the market highly competitive. According to a new study by Transparency Market Research (TMR), Archer Daniels Midlands Co., Sensient Technologies Corp, Symrise A.G., and CHR Hansen A/S held nearly 50% of the global anthocyanin market in 2018, thereby registering their dominance. To sustain growth amidst the prevailing competition, the leading players...

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