MarketResearch.biz, in its upcoming report titled, “Global Low Density Polyethylene Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”, offers in-depth insights, revenue details, and other vital information regarding the global low density polyethylene market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report also offers insightful and detailed information regarding the various key players operating in the global low density polyethylene market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global low density polyethylene market is estimated to exhibit a XX.X% CAGR in terms of value during the forecast period 2018–2027. The global market report has been segmented on the basis of end use and region.
Low density polyethylene is a thermoplastic polymer of ethylene manufactured by process of free radical polymerization at a high pressure. Low density polyethylene is amongst the generally produced industrial plastics. Low density polyethylene is accounted for 23% of the total polyethylene market.
Growing packaging industry along with automotive and construction industry is anticipated to fuel the market over the years. Low density polyethylene is primarily used in packaging films, dispensable bottles, sheet, containers, medicals, & surgical equipment’s, boxes, personal care & hygiene, liquid packaging and milk cartons due to low reactive nature. Production cost of low density polyethylene is low compared to other substitutes namely polystyrene and nylon is expected to fuel the market over the forecasted period.
Packaging industry is expected to the largest application segment for low-density polyethylene followed by automotive and construction. Due to rapid urbanization and increasing disposable income of the people is expected to boost the end use applications market which is expected to drive the low-density polyethylene market.
Europe is a largest manufacturer and exporter of low-density polyethylene product and is anticipated to continue the significant share in near future. Sale from automotive industry due to government regulations regarding vehicle performance is anticipated to drive the market in Europe. In the construction sector, energy efficient infrastructure is accelerating the demand for insulation products and is foreseen to drive the low-density polyethylene market. Asia Pacific region is anticipated to grow at a tremendous pace owing to growing demand from construction and automotive industry. High capacity additions in the Middle East and China are projected to increase the supply of low-density polyethylene. Increase in industrial developments in China is anticipated to drive the demand in this region. North America region is foreseen to grow at moderate rate due to demand from automotive industry and food packaging industry.
Market segmentation and key players operating in the global low density polyethylene market:
Global low density polyethylene market segmentation by end use:
Global low density polyethylene market Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Dow Chemical Company
- GE Oil & Gas
- British Polythene Industries
- Borealis AG
- Chevron Phillips Chemical Company LLC
- Formosa Plastics Corporation
- Nova Chemicals Corporation
- Exxon Mobil Chemical Company
- Huntsman Corporation
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