The Plating on Plastics Market is expected to grow at > 6.7% during 2020-2025, according to a report from Stratview Research.
COVID-19 pandemic – Boon or a Curse to the industry?
The outbreak of COVID-19 has severely impacted several industries across the world. Tough government measures such as lockdown of major economies, has pressed the ‘pause button’ for most of the industries. For most of the industries, the revenue has gone down in 2020 and has resumed an uptrend gradually from 2021.
Key insights on Plating on Plastics Market
Metallocene Polyethylene (mPE) market is likely to witness a healthy growth at a CAGR of 6.7% during the forecast period. The growth of the market for metallocene polyethylene (mPE) is driven by its increasing demand in various industries, such as packaging and solar power generation.
Asia-Pacific is estimated to be the largest as well as fastest-growing metallocene polyethylene (mPE) market during the forecast period, followed by North America and Europe. Huge demand for packaging material for the food and beverages industry, particularly in China, India, and South Korea, is driving the Asia-Pacific region’s market.
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Market Scope & Market Segmentation
Metallocene Polyethylene (mPE) Market Share: By Application Type
Based on the application type, the metallocene polyethylene (mPE) market is segmented as films, sheets, injection molding, extrusion coating, and others. The films segment is expected to lead the market during the forecast period. Packaging industry is the major demand generator of metallocene polyethylene. The growth of the segment is owing to the properties of metallocene polyethylene, such as high chemical and moisture resistance and rigidity-to-thickness, on account of which it finds extensive usage in various applications.
Metallocene Polyethylene (mPE) Market Share: By Product Type
Based on the product type, the market is segmented as mLLDPE, mHDPE, and others. The mLLDPE segment is expected to remain dominant during the forecast period due to its properties, such as puncture resistance and high tensile strength, which makes it to be widely adopted for many applications. Some of the industrial applications include chemical storage containers and water tanks, consumer goods, such as food packing material.
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Which key questions will this report answer?
This market research report focuses to deliver relevant information regarding the market trends, structure and growth during the forecast period of 2020-2025. It also offers insights into different market segments and other factors affecting the market.
Some of the key questions answered by the report are:
Stratview Research’s reports are generated after accumulating data from various authenticated sources. > 10 primary interviews with industry experts are conducted by us for every report. Insights gained from primary interviews, in-depth analysis of company statements and annual reports, accompanied by a number of articles, whitepapers, and reports help us to connect the dots and triangulate the market in the most effective manner.