In 2021, the global size for metallocene catalysts market amounted to USD 1,095.46 million, and it is projected to experience a compound annual growth rate (CAGR) of 5.98% throughout the forecast period. The primary driver for the increase in market revenue is the growing utilization of metallocene catalysts in the polymerization and copolymerization of olefins such as ethene or propene with cyclic olefins, styrene, and polar vinyl monomers. These catalysts typically consist of metallocene, a half-sandwich complex of transition metals, and an organoaluminum molecule known as methylaluminoxane (MAO), or a perfluorinated boron aromatic compound. The transition metals in most polymerization-active metallocenes are Zirconium or Titanium, although others may include Hafnium, Chromium, Scandium, among others.

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Competitive Landscape:

The global metallocene catalyst market is highly fragmented, and key companies are increasingly investing in research & development activities. Major companies operating in the global market include Exxon Mobil Corporation, Univation Technologies, LLC (The Dow Chemical Company), LyondellBasell Industries Holdings, B.V., W. R. Grace & Co.-Conn., Zibo Xinsu Chemical Co., Ltd., and The Chemical Daily Co. Ltd.  (Mitsubishi Chemical Holdings Corporation), among others.

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Notable Market Developments:

  • On February 21, 2022, Univation Technologies, LLC, and Hindustan Petroleum Corporation Ltd. (HPCL) entered into a pre-marketing agreement (PMA) focused on polyethylene products to be produced at the HPCL Rajasthan Refinery Ltd. The production will leverage two new world-scale UNIPOL PE Plants. This collaboration signifies a commitment between Univation and HPCL to jointly provide polyethylene resin grades, particularly emphasizing high-density polyethylene items tailored for the Indian market.
  • On December 13, 2021, W. R. Grace & Co., a leading independent provider of polyolefin catalyst technology, polypropylene (PP) process technology, and technical services, proudly announced the successful commissioning of two 400 KTA UNIPOL PP process technology lines at Oriental Energy in Ningbo, China. This accomplishment contributes to expanding UNIPOL's overall PP operational capacity in China to over 6.3 million tons per year within the past twelve years. The production includes homopolymer, random, and impact copolymers, addressing the growing demand for high-performance plastics in China.

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