Low-density Polyethylene Market Overview |Size, COVID-19 Impact, Share, Segment, Regional Analysis and Leading Players by Forecast to 2023


Posted August 4, 2020 by Retica

: Low-density Polyethylene Market: Global Information by Manufacturing Process (Autoclave Method, Tubular Method) Application (Film & Sheets, Extrusion Coating, Injection Molding, Others) Region — Global Forecast till 2023

 
Market Overview:
Low-density polyethylene is high molecular weight polyolefin material which has low stiffness, high impact and chemical resistance. It is lighter than water, non-toxic and can easily withstand chemical exposure. LDPE is used for producing high performance applications. Such as extrusion to produce blow film sheets and injection for molding compact parts. Low-density polyethylene sheet is used as waterproofing, insulation and jacketing material in cable & wire industry. Furthermore, numerous applications in construction industry owing to tear resistance and reusability features are expected to drive the market growth during the forecast period.
Competitive Analysis
Leading players of the global low-density polyethylene market are Braskem (Brazil), INEOS (UK), Mitsui Chemicals, Inc. (Japan), Formosa Plastics Corporation, U.S.A (U.S.), Chevron Phillips Chemical Company (U.S.), SABIC (Saudi Arabia), Sasol (South Africa), Reliance Industries Limited (India) LyondellBasell Industries Holdings B.V. (The Netherlands) and China Petrochemical Corporation (China), BASF SE (Germany), Petkim Petrokimya Holding A.Ş (Turkey), Qatar Petrochemical Company (QAPCO) Q.P.J.S.C. (Qatar), Exxon Mobil Corporation (U.S.) and DuPont (U.S.).
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Market Segmentation
The global low-density polyethylene market has been segregated based on manufacturing process, application and region. By manufacturing process, the global low-density polyethylene market is divided into autoclave and tubular method. The autoclave segment witnessed substantial growth in packaging industry and is expected to grow with significant CAGR during the forecast period.
The application industry of the global low-density polyethylene market has been divided into film & sheets, extrusion coating, injection molding, and others. In 2017, the film & sheets segment held significant share in this market. Growing use of low-density polyethylene in the pipes, cable and construction sheets are expected to accelerate demand in the end-use industry.



Regional Analysis
The low-density polyethylene market has been studied with respect to five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific is the potential market in low-density polyethylene and Europe is leading producer in terms of volume. The market in Asia-Pacific is expected to grow at a high CAGR owing to the digitalization in industry ecosystem which is enhancing the flexibility and market integration in the supply chain positively impacting the end-use industries. The food packaging industry in the region is growing at a phenomenal pace which is projected to fuel Low-density Polyethylene Market demand in this region.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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Issued By Market Research Future (MRFR)
Country India
Categories Blogging , Reports , Research
Tags lowdensity polyethylene ldpe , lowdensity polyethylene ldpe market , lowdensity polyethylene ldpe market share , lowdensity polyethylene ldpe market trends
Last Updated August 4, 2020