Global Linear Low-density Polyethylene Market to Reach US$ 70,183.5 Mn by 2026 at a CAGR of 5.34% from 2018 to 2026 : Exxon Mobil Corporation, China Petroleum & Chemical Corporation (SINOPEC), DowDuPont, Saudi Basic Industries Corporation (SABIC)

Press Release – 05 Feb 2019
Research and Development News --
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Latest Update "Linear Low-density Polyethylene Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" with Industries Survey | Global Current Growth and Future.
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“Linear Low-density Polyethylene Market – Overview”
Linear low-density polyethylene is manufactured from polyethylene. Linear low-density polyethylene has unique rheological or melt-flow properties. In 1960, DuPont Canada started the first production line for commercial production of linear low-density polyethylene. LLDPE is less shear sensitive than HDPE and LDPE, due to its narrower molecular weight distribution and shorter chain branching. During the shearing process, LLDPE remains more viscous and, therefore, it is harder to process than LDPE of an equivalent melt index. LLDPE has penetrated almost all traditional markets for polyethylene. It is used for plastic bags and sheets, plastic wraps, stretch wraps, pouches, toys, covers, lids, pipelines, buckets and containers, covering of cables and, primarily, flexible tubing.
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Based on process type, the global linear low-density polyethylene market has been segmented into gas phase, solution phase, and slurry loop. Gas phase is the dominant process type segment of the market. It is anticipated to expand at a rapid pace during the forecast period, due to its advantages such as low-temperature operation and lower operating costs.

In terms of application, the global linear low-density polyethylene market has been divided into rotomolding, films, injection molding, and others (including metal coating, extrusion, and masterbatches). The films segment accounted for a leading share of the global market in 2017. The segment is estimated to expand rapidly during the forecast period due to rising use of LLDPE films in the manufacture of high-performance bags, cushioning films, tire separator films, industrial liners, elastic films, ice bags, bags for supplemental packaging, and garbage bags.

Based on end-use industry, the global linear low-density polyethylene market has been classified into packaging, building & construction, automotive, electrical & electronics, agriculture, household, leisure and sports, and others. The others segment includes electric appliances, medical equipment, and furniture. The packaging segment has been sub-divided into food and non-food packaging. Packaging is the leading segment among end-use industries, due to rise in the demand for packaging from retail and consumer goods sectors.
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Based on region, the global linear low-density polyethylene market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. In terms of value and volume, Asia Pacific was the leading region of the global market in 2017. The region is also a major producer of polyethylene across the world. North America and Middle East & Africa are significant consumers of linear low-density polyethylene.

The linear low-density polyethylene market in Europe and Latin America is projected to expand at a sluggish to moderate pace during the forecast period. Demand for LLDPE in these regions is anticipated to rise in the next few years, due to increasing usage of canned food products. Demand for linear low-density polyethylene in Middle East & Africa and Latin America is estimated to increase significantly in the near future. The two regions accounted for low share of the global market, in terms of demand, in 2017. However, they are projected to create lucrative opportunities for manufacturers of linear low-density polyethylene in the next few years.

The report analyzes and forecasts the linear low-density polyethylene market at the global and regional levels. The market has been projected in terms of volume (kilo tons) and value (US$ Mn) from 2018 to 2026. The study includes drivers and restraints of the global linear low-density polyethylene market. It also covers the expected impact of these drivers and restraints on the demand for linear low-density polyethylene during the forecast period. The report also highlights growth opportunities for the linear low-density polyethylene market at the global and regional levels.

The report comprises detailed value chain analysis, which provides a comprehensive view of the global linear low-density polyethylene market. Porter’s five forces model for the linear low-density polyethylene market has also been included to help understand the competition landscape of the market. The study encompasses market attractiveness analysis, wherein process type, application, and end-use industry segments have been benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the global linear low-density polyethylene market by segmenting it in terms of process type, application, end-use industry, and region. These segments have been analyzed based on the present and future trends. Regional segmentation includes the current and future demand for linear low-density polyethylene in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers individual process type, application, and end-use industry segments of the market in every region.

The study includes profiles of major companies operating in the global linear low-density polyethylene market. The global market is dominated by large players. Key players in the market include ExxonMobil Corporation, DowDuPont, Saudi Basic Industries Corporation (SABIC), China Petroleum and chemical corporation (SINOPEC), and Westlake Chemical Corporation. Market players have been profiled in terms of company overview, business strategies, and recent developments.

The report provides the estimated market size (in terms of value and volume) of the global linear low-density polyethylene market for the base year 2017 and forecast for the period from 2018 to 2026. The market size and forecast for each segment has been provided for the global and regional markets.

- Global Linear Low-density Polyethylene Market, by Process Type
Gas Phase
Solution Phase
Slurry Loop

- Global Linear Low-density Polyethylene Market, by Application
Films
Rotomolding
Injection Molding
Others (Including Metal Coating, Extrusion, and Masterbatches)

- Global Linear Low-density Polyethylene Market, by End-use Industry
Packaging
- - Food Packaging
- - Non-food Packaging

Agriculture
Building & Construction
Automotive
Electrical & Electronics
Household, Leisure and Sports
Others (Including Appliances, Furniture, and Medical)

Global Linear Low-density Polyethylene Market, by Region
- North America
U.S.
Canada

- Latin America
Brazil
Mexico
Rest of Latin America

- Europe
Germany
France
U.K.
Italy
Spain
Russia & CIS
Rest of Europe

- Asia Pacific
China
Japan
India
ASEAN
Rest of Asia Pacific

- Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

“Key Takeaways”
- Extensive analysis of market trends from 2017 to 2026 to identify opportunities and market developments
- Analysis of products and applications wherein linear low-density polyethylene is used
- Identification of key factors useful for building a roadmap for upcoming opportunities for the linear low-density polyethylene market at the global, regional, and country levels
- Comprehensive analysis with respect to investments and regulatory scenario that would subsequently impact the outlook and forecast for the global linear low-density polyethylene market between 2018 and 2026
- Detailed competition landscape of key players operating in the market
- Porters’ five forces analysis to highlight the power of buyers and suppliers in the market
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