Low Density Polyethylene (LDPE)
can be defined as a thermoplastic polymer derived from ethylene using the process of free radical polymerization at high pressure with density ranging from 0.910g/cc to 0.940g/cc resulting in low tensile strength but high ductility. The growing demand for low density polyethylenes (LCPs) in automotive industry is expected to be the key growth drivers during the period of study however replacement of Low Density Polyethylene (LDPE) by linear low density polyethylene (LLDPE) in many applications is expected to be a reason for worry by the industry players.
Geographically Europe dominated
global low density polyethylene market
, due to higher applications of low density polyethylene into various end-use applications. Europe was followed by North America and Asia-Pacific as second and third largest market for low density polyethylene. Asia Pacific is projected to have fastest growth, owing to rapidly increasing growing end-user industry and end-use applications which are expected to be the is the key driver of the market in the region especially in developing nations such as China, and India in this region. Packaging industry held the largest market share followed by construction and automotive sector. However, construction sector is expected to be the fastest growing market due to high demand particularly in the emerging economies. Urbanization and increasing construction expenditure on infrastructure is anticipated to boost market growth over the forecast period.
This report identifies the global low density polyethylene market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to global low density polyethylene market.
This report segments global low density polyethylene market on the basis of application and regional market as follows:
- Low Density Polyethylene Market, By Application: flexible packaging, automotive, construction, green house, tunnels, insulation coax and others
- This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
This report identifies all the major companies operating in the low density polyethylene market. Some of the major companies’ profiles in detail are as follows:
- Reliance Industries Ltd
- The National Petrochemical Company
- The China Petroleum and Chemical Corporation
- Huntsman Corporation
- Formosa Plastics Corporation