Linear Low Density Polyethylenes Market 2023 Global Key Player; NOVA Chemicals Corporation, The Dow Chemical Company LLC, Exxon Mobil Corporation, Mitsubishi Chemicals Corporation and More

Market Overview:

Linear low density polyethylene (LLDPE) is a copolymer produced from copolymerizing ethylene with butane, octane, and hexane. Ethylene is an organic compound derived from petroleum & natural gas. It is mostly preferred over conventional linear density polyethylene owing to improved temperature resistance & tensile strength. Additionally, it offers high impact strength, flexible, chemical resistance, odorless, and translucent properties.

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The global market for LLDPE is driven by various end-use industries such as automotive, electrical & electronics, housewares products, and plastic processing. The majority of LLDPE is used in plastic processing and food packaging industry. The rising trend of stretching/flexible films attributed to the key properties such as extended shelf life and enhanced flavors. Moreover, the growing concerns over climate change attracted a huge demand from the agriculture sector for LLDPE made greenhouse films. The characteristics of high thermal resistance find its application in the production of various electronic, automotive components such as switches, plugs, and other electrical products. Furthermore, the increasing demand for flexible packaging films in housewares products and paperboard packaging film in liquid containers are likely to propel the demand for the product in the market.

Segmentation

The global linear low density polyethylene market is segmented by application, end-use industries, process type, and region.

On the basis of the application, the global LLDPE market is segmented into packaging films, injection moulding, extrusion coating, rotomolding, and others.

On the basis of the end use application, the global LLDPE market is segmented into plastic processing industry, electrical& electronics industry, automotive industry, automotive, and others.

On the basis of the process type, the global LLDPE market is segmented into gas phase, solution phase, and slurry phase.

Key players

 NOVA Chemicals Corporatio
 The Dow Chemical Company LLC
 Exxon Mobil Corporation
 Mitsubishi Chemicals Corporation
 Braskem
 Chevron Phillips Chemical Company
 Borealis AG.
 lyondellBasell Industries Holdings B.V.

Intended Audience

• Manufacturers of Films
• Traders, suppliers, and distributors of chemicals
• Government Organizations
• End- use industries
• Research organizations

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