Press release
LLDPE Market to grow at 6% CAGR over 2018-2024 | Global Key Player; INEOS, Braskem, The Dow Chemical Company, ExxonMobil, NOVA Chemicals
Linear Low Density Polyethylene (LLDPE) Market
Germany is the hub of automakers across the world, with most of the automotive biggies having established their business base in the region. Injection molded LLDPE products offer benefits such as better finishing capability, low labor cost, high productive efficiency, and less scrap losses, owing to which they are used to manufacture wire spools and automotive dashboards for the automotive sector.
Request sample copy of this report @
www.gminsights.com/request-sample/detail/1206
Linear Low Density Polyethylene (LLDPE) Market size will cross USD 60 billion by 2024. LLDPE market is projected to grow at a moderate rate and the growth is extensively attributed to robust increase in retail packaging, automotive, agriculture and other consumer goods. Global packaging industry is set to cross USD 1 trillion by 2024, with its major usage in paper & board sector. Innovation in processed food and beverages products packaging designs is taking place as leading brands such as Cadburry, Nestle etc. are setting a global benchmark for different package formats.
LLDPE demand as a substitute for other polyethylene grades such as LDPE and HDPE is increasing, owing to better physical and chemical properties of the product. The polymer is extensively used in canal lining, hazardous waste liners, mining, packaging industry, and geomembrane liners. Increasing application avenues of the product is set to accelerate its market at a substantial pace.
Linear Low Density Polyethylene Market By Application
o Films
o Injection molding
o Rotomolding
o Others
Make an inquiry for purchasing this report @
www.gminsights.com/inquiry-before-buying/1206
LLDPE is also used in manufacturing bags and sacks due to growing demand for rigid posture and excellent finish in final products. It is also increasingly used for other applications such as injection molding, a plastic component manufacturing process. This process is used to produce bottle caps, automotive dashboards, pocket combs, and wire spools. Growing injection molding adoption in the manufacturing industry coupled with rising applications of this technology augments linear low density polyethylene market.
Films likely to contribute to 70% of the application revenue share by 2024. LLDPE films are used in a wide range of applications such as food packaging, moisture resistance in the concrete structure, and prevention of soil erosion in agriculture. Global food packaging industry is projected to cross USD 310 billion by 2024. These films are also used for bags and sacks manufacturing due to its mechanical properties.
Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/linear-low-density-polyethylene-LLDPE-market
Rotomolded LLDPE will record over USD 6.9 billion market revenue in 2024. This technology is being adopted extensively due to its benefits of being affordable and simpler than blow molding or injection molding. It is used in packaging, water treatment, automotive, agriculture, furniture, and construction industries.
The noteworthy players in Linear low density polyethylene market are Reliance Industries, Nova Chemicals Corporation, SABIC, Exxon Mobil Corporation, LyondellBasell Industries N.V., Sasol Limited, Borealis AG, Braskem S.A., INEOS Group AG, and The Dow Chemical Company.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release LLDPE Market to grow at 6% CAGR over 2018-2024 | Global Key Player; INEOS, Braskem, The Dow Chemical Company, ExxonMobil, NOVA Chemicals here
News-ID: 1267068 • Views: …
More Releases from Global Market Insights
Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers.
Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several…
How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies.
Meanwhile, yet other company, Boston Metal has declared having raised over USD 20…
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against…
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses.
Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet…
More Releases for LDPE
Polyethylene (HDPE, LDPE, LLDPE) Market 2022 | Detailed Report
The market report delivers an all-inclusive analysis of the market structure along with a forecast of the various segments and sub-segments of the Polyethylene (HDPE, LDPE, LLDPE) industry. This wide-ranging market research report acts as a backbone for the success of business in any niche. The Polyethylene (HDPE, LDPE, LLDPE) market survey report has been prepared by conducting market research in a systematic manner. Moreover, the Polyethylene (HDPE, LDPE, LLDPE)…
Low Density Polyethylene (LDPE) Foams Market Forecast 2030
Albany, NY - Low Density Polyethylene (LDPE) Foams Market: Introduction
The global low density polyethylene (LDPE) foams market was valued at ~US$ 1.5 Bn in 2019 and is anticipated to expand at a CAGR of ~5% during the forecast period. The global LDPE foams (LDPE) market is expected to expand at a rapid pace during the forecast period, due to the increase in penetration of LDPE foams in various sectors, particularly…
Low Density Polyethylene (LDPE) Foams Market Forecast 2030
Albany, NY - Low Density Polyethylene (LDPE) Foams Market: Introduction
The global low density polyethylene (LDPE) foams market was valued at ~US$ 1.5 Bn in 2019 and is anticipated to expand at a CAGR of ~5% during the forecast period. The global LDPE foams (LDPE)
market is expected to expand at a rapid pace during the forecast period, due to the increase in penetration of LDPE foams in various sectors, particularly packaging,…
Global LDPE Packaging Market 2017-2021
WiseGuyReports.Com Publish a New Market Research Report On - “Global LDPE Packaging Market 2017-2021”.
The analysts forecast the global LDPE packaging market to grow at a CAGR of 5.77% during the period 2017-2021.
LDPE packaging refers to the packaging of products using packaging materials. These packaging materials are manufactured using LDPE polymer resins. LDPE is manufactured by the polymerization of ethylene at a high temperature range in a tubular reactor. LDPE consists…
Sales of Global LDPE Geomembrane
LDPE Geomembrane Report by Material, Application, and Geography – Global Forecast to 2021 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China).
The report firstly introduced the LDPE Geomembrane basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures,…
Global LDPE Decking Market Research Report 2017
LDPE Decking Revenue, means the sales value of LDPE Decking This report studies LDPE Decking in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Azek Building Products Cardinal Building Products UPM Kymmene Universal Forest Products Advanced Environmental Recycling Technologies Fiberon Tamko Building Products Certainteed Corporation Duralife…
