Global Metallocene Catalyst market will reach 540 million US$ by the end of 2025
Published Date: 2018/12/3
Metallocene catalysis is a rich and fertile technology with major implications for the polyolefins industry.
Geographically, among current producers in global, North America and Asia Pacific have the largest consumption of metallocene catalyst. North America accounts for 49.04% of the consumption market share during 2017 and is predicted to retain its leadership until the end of 2023. Asia Pacific is the second largest leader with the production market share of 34.48% in 2017.
By application, metallocene catalyst market is segmented into metallocene polyethylene (PE) and metallocene polypropylene (PP) application. The metallocene polyethylene (PE) sector dominates the market during 2017 with a market share of 72.78%. This research report predicts this segment to grow at a CAGR of around 5.97% during the forecast period. Other downstream fields such as metallocene polypropylene (PP) application take account for about 7.02% in 2017.
The global Metallocene Catalyst market is valued at 310 million US$ in 2017 and will reach 540 million US$ by the end of 2025, growing at a CAGR of 7.0% during 2018-2025.
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