Press release
Linear Low-density Polyethylene (LLDPE) Market to Witness Robust Expansion by 2023
Linear low-density polyethylene (LLDPE) is a substantially linear polymer (polyethylene), with significant numbers of short branches, commonly made by copolymerization of ethylene with longer-chain olefins. Linear low-density polyethylene differs structurally from conventional low-density polyethylene (LDPE) because of the absence of long chain branching. The linearity of LLDPE results from the different manufacturing processes of LLDPE and LDPE. In general, LLDPE is produced at lower temperatures and pressures by copolymerization of ethylene and such higher alpha-olefins as butene, hexene, or octene. The copolymerization process produces a LLDPE polymer that has a narrower molecular weight distribution than conventional LDPE and in combination with the linear structure, significantly different rheological properties.
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Global Linear Low-density Polyethylene (LLDPE) Market: Forecast by Type / Application / Region
In general, LLDPE is produced at lower temperatures and pressures by copolymerization of ethylene and such higher alpha-olefins as butene, hexene, or octene. LLDPE is a base resin. In 2014, Global LLDPE capacity is 32007 K MT.
The main production areas are in Asia, Europe and North America while the main consumption areas also in those areas. Asia is the largest consumption and production areas. The Middle East is the largest LLDPE exporter. China is the largest importer of LLDPE
The price of LLDPE is lower year by year from 2011 to 2013. The price is at about 1380-1480 USD/MT in 2015. The product profit margin is about 12.8 %-13.5 %, and it also descends in recent years.
DOW is the largest LLDPE manufacturer in the world, followed by ExxonMobil and SABIC. Sinopec is the biggest LLDPE company in China. In 2015, DOW LLDPE capacity is 5745 K MT，and Sinopec LLDPE capacity is 2420 K MT.
We tend to believe that this industry still has a bright future, considering the current demand of downstream. M-LLDPE will be the mainstream LLDPE products. In the subsequent few years, m-LLDPE's market share will grow. In developing countries, C4-LLDPE is still going to be a mainstream product. In developed countries, many companies are turning to the production of C6-LLDPE and C8-LLDPE.
Over the next five years, LPI(LP Information) projects that Linear Low-density Polyethylene (LLDPE) will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
Global Linear Low-density Polyethylene (LLDPE) Market: Key Players
DOW
ExxonMobil
SABIC
Borealis
NOVA Chemicals
Chevron Phillips Chemical
Petro Rabigh
Ineos
LyondellBasell
NIOC
Formosa
EQUATE
PTT
Reliance
Mitsubishi
Hanwha
Mitsu
Jam Petrochemical
Sinopec
CNPC
Secco
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Related Information:
United States Linear Low-density Polyethylene (LLDPE) Market Research Report 2018
Europe Linear Low-density Polyethylene (LLDPE) Market Research Report 2018
North America Linear Low-density Polyethylene (LLDPE) Market Research Report 2018
Asia-Pacific Linear Low-density Polyethylene (LLDPE) Market Research Report 2018
China Linear Low-density Polyethylene (LLDPE) Market Research Report 2018
EMEA Linear Low-density Polyethylene (LLDPE) Market Research Report 2018
Global Linear Low-density Polyethylene (LLDPE) Market Research Report 2018
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