Linear Low-density Polyethylene Market || Key Players - Exxon Mobil Corporation, China Petroleum & Chemical Corporation (SINOPEC), DowDuPont, Saudi Basic Industries Corporation, Formosa Plastics

Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled “Linear Low-density Polyethylene Market – In-Depth Analysis with Booming Trends Supporting Growth and Forecast till 2026”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with a growth of manufacturers in the global market for Linear Low-density Polyethylene. Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.

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.

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.

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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.

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.

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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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This release was published on openPR.