Polyethylene (PE) refers to a polymer of ethylene, particularly belonging to the category of lightweight thermoplastics. Polyethylene is partially crystalline in nature and has a high resistance to chemicals and moisture.
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Globally, it is the most commonly used plastic.
It is used in the production of products ranging from packaging, construction, automotive, and other applications. The global polyethylene market was valued at $142.01 billion in 2016 and is expected to reach $170.95 billion by 2021, growing at a CAGR of 3.78% during the forecast period.
LDPE is a type of polyethylene with a density of less than 940 kg/m³ and is mainly produced through a high-pressure process. It is part of the polyolefins family.
The analysts forecast global low-density polyethylene (LDPE) market to grow at a CAGR of 2.63% during the period 2017-2021.
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This report covers the present scenario and the growth prospects of the global low-density polyethylene (LDPE) market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: Americas, APAC & EMEA
This report, Global Low-density Polyethylene (LDPE) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.
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Key vendors: Borealis, China Petroleum & Chemical Corporation, ExxonMobil, LyondellBasell Industries Holdings & The Dow Chemical Company
Other prominent vendors: Braskem, Chevron Phillips, INEOS, Mitsui Chemicals, NOVA Chemicals, Reliance Industries, SABIC, Sasol, USI Corporation, Versalis & Westlake Chemical
Market driver: Growing demand from films application
Market challenge: Volatility in raw material prices
Market trend: Increase in demand for LDPE recycling
Key questions answered in this Global Low-density Polyethylene Market Report:
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?