Future Market Insights (FMI) delivers key
insights on the global Low Density Polyethylene (LDPE) market in its
upcoming report titled “Low Density Polyethylene (LDPE) Market:
Global Industry Analysis and Opportunity Assessment 2015–2025”.The
global low density polyethylene market is projected to expand at a
healthy CAGR of 5.6% in terms of value during the forecast period due
to various factors, regarding which FMI offers vital insights in
detail in this report.
Low Density Polyethylene (LDPE) is the
most common form of polyethylene manufactured from monomer ethylene.
This thermoplastic finds applications in film & sheets, extrusion
coatings, injection mouldings and other applications. The products of
LDPE are extensively utilized in various industries such as
construction, automotive, packaging and others.
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Demand for LDPE is primarily driven by
widening span of various end-use applications and products.
Macro-economic factors including developing retail sector,
urbanization, growing prominence of recyclable products and rapid
commercialization in developing economies are further driving growth
of the global LDPE market.
As of 2014, Asia Pacific excluding Japan
(APEJ) accounted for around 27.8% market share by value, followed by
North America, Western Europe and other regions. APEJ region is
expected to witness significant growth and gain market share during
the forecast period. Revenue from developed economies are
collectively expected to expand at a CAGR of 3.4% during the forecast
period. China is expected to emerge as the single largest market in
terms of value, surpassing the U.S. by end of the forecast period.
In 2014, the film & sheets
application was the largest segment in the global low density
polyethylene market, followed by the extrusion coating and injection
moulding segments. The film & sheets application segment is
projected to remain the largest segment throughout the forecast
period, creating an incremental $ opportunity of US$ 16,080.7 Mn
between 2015 and 2025.
In 2014, tubular reactor was the largest
technology segment in the global low density polyethylene market. The
autoclave segment is expected to create an incremental $ opportunity
of US$ 5,793.3 Mn for low density polyethylene producers over the
forecast period.
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Some key players in the low density
polyethylene market that have been covered in this study include
LyondellBasell Industries N.V., ExxonMobil Corporation, The Dow
Chemical Company, Saudi Basic Industries Corporation (SABIC),
BASF-YPC Company Limited, LG Chem Ltd., E.I. du Pont de Nemours and
Company, Braskem S.A., Formosa Plastics Corporation and Qatar
Petrochemical Company.
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