openPR Logo
Press release

Synthetic Polymers Market to Register a Healthy CAGR of 5.06% for the Forecast Period, 2021-2031

Synthetic Polymers Market to Register a Healthy CAGR of 5.06%

Asia Pacific & Europe Synthetic Polymers Market for LLDPE Films: Introduction
Transparency Market Research delivers key insights on the Asia Pacific and Europe synthetic polymers market for LLDPE films. In terms of revenue, the Asia Pacific & Europe synthetic polymers market for LLDPE films is estimated to expand at a CAGR of 5.06% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecast in its report on the Asia Pacific & Europe synthetic polymers market for LLDPE films. Synthetic polymers are produced from petroleum oil. Synthetic polymers include nylon, polyethylene, polyester, Teflon, and epoxy. Low density polyethylene polymer is the common kind of synthetic polymer that is used in the packaging industry.
Asia Pacific & Europe Synthetic Polymers Market for LLDPE Films: Dynamics
There has been a significant rise in population across the world over the last few decades.

Read report Overview:

https://www.transparencymarketresearch.com/synthetic-polymers-market-for-lldpe-films.html

According to Worldometer, global population increased from 5.7 billion in 1995 to 7.7 billion in 2020. It is expected to continue to rise during the forecast period. According to the UN Department of Economic and Social Affairs Report, the global population is anticipated to reach 9.7 billion by 2050. The population projection indicates that nine countries would make up more than half the projected growth of the global population between 2019 and 2050: India, Nigeria, Pakistan, the Democratic Republic of the Congo, Ethiopia, the United Republic of Tanzania, Indonesia, Egypt, and the U.S. India is likely to overtake China as the world's most populous country by 2027.

Request For Sample :

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=83858

Rise in population has led to an increase in demand for food, which exerts pressure on agricultural productivity. According to the Food and Agriculture Organization (FAO), global food production needs to increase by up to 70% by 2050 in order to feed everyone. This significant rise in demand for agricultural products can be achieved by controlled agriculture and adoption of technologies such as mulching, greenhouse, and silage. Agricultural films help improve the crop quality and agricultural productivity by minimizing soil erosion, providing nutrients, increasing soil temperature, and suppressing the growth of weeds. Therefore, the need to increase agricultural production plays an important role in driving the demand for agricultural films. Demand for synthetic polymers can be directly linked to the consumption of agricultural films, as LLDPE films derived from synthetic polymers are used as key raw materials in the manufacture of agricultural films. Thus, rise in efforts to increase agricultural output in order to cater to the growing population is a key factor anticipated to create opportunities for the synthetic polymers market for LLDPE films during the forecast period.

Request for Customization:

https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=83858

Asia Pacific & Europe Synthetic Polymers Market for LLDPE Films: Prominent Regions
The flexible packaging industry in Europe has been expanding significantly since the past few years. Healthy growth of most of the end-user markets, such as coffee, pet food, and fresh foods, has been driving the demand for flexible packaging in the region. Smaller households need more single serve options. The demand for product varieties has been rising among consumers in Europe. This is in line with the general trend of flexible packaging. Rise in demand for flexible packaging is anticipated to create lucrative opportunities for the synthetic polymers market for LLDPE films in Europe during the forecast period. Synthetic polymers are commonly used in the manufacture of flexible packaging across the region. Thus, demand for synthetic polymers is likely to increase in the near future.

Asia Pacific is a key consumer of synthetic polymers for LLDPE films, led by the expansion of the packaging industry due to the population growth and expanding middle class in developing economies such as China, India, and countries in Southeast Asia. Rise in eCommerce activities, due to the shift in consumer purchasing preferences from offline to online, is also driving the demand for packaging films in Asia Pacific. According to the Indian Institute of Packaging (IIP), packaging consumption in India has increased 200% over the last decade, from 4.3 kg per person per annum (pppa) to 8.6 kg pppa. The packaging industry is expected to reach US$ 204.81 Bn by 2025 from US$ 50.5 Bn in 2019 at a CAGR of 26.7%. Rise in demand for packaging is anticipated to create lucrative opportunities for the synthetic polymers market for LLDPE films, as 55% of the packaging sector is dominated by plastics materials.

Asia Pacific & Europe Synthetic Polymers Market for LLDPE Films: Key Players
Key players operating in the Asia Pacific and Europe synthetic polymers market for LLDPE films are Dow, LyondellBasell Industries Holdings B.V., Exxon Mobil Corporation, Borealis AG, Formosa Plastics Corporation, China Petroleum Corporation, INEOS, Sasol Limited, NOVA Chemicals Corporate, Westlake Chemical Corporation, Braskem, SCG Chemicals Co., and SABIC.

Enquiry Before Buying:

https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=83858

Asia Pacific & Europe Synthetic Polymers Market for LLDPE Films: Segmentation

Asia Pacific & Europe Synthetic Polymers Market for LLDPE Films, by Comonomer
• Butene
• Hexene
• Octene
Asia Pacific & Europe Synthetic Polymers Market for LLDPE Films, by Catalyst Scope
• Zigler Natta
• Mettalocence
Asia Pacific & Europe Synthetic Polymers Market for LLDPE Films, by Technology
• Blow Film Extrusion
• Others (including Cast Extrusion)
Asia Pacific & Europe Synthetic Polymers Market for LLDPE Films, by Application
• Flexible Packaging
• HDSS
• Garbage Bag
• Stretch Films
• Others (including Agricultural Films and Construction Films)
Asia Pacific & Europe Synthetic Polymers Market for LLDPE Films, by Region
• Europe
o Germany
o France
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Indonesia
o Philippines
o Rest of Asia Pacific

Get Trending Report:

Magnetic Polymer Market

https://www.transparencymarketresearch.com/magnetic-polymer-market.html

Agrochemicals Services Market

https://www.transparencymarketresearch.com/agrochemicals-services-market.html

Acrylic Powder Market

https://www.transparencymarketresearch.com/acrylic-powder-market.html

Bioplastic Textiles Market

https://www.transparencymarketresearch.com/bioplastic-textile-market.html

Textile Auxiliaries Market

https://www.transparencymarketresearch.com/textile-auxiliaries-market.html

UV Disinfection Equipment Market

https://www.prnewswire.com/news-releases/uv-disinfection-equipment-market-is-projected-to-be-valued-at-us-17-92-bn-by-2031--tmr-study-301549776.html

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

Contact

Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website:https://www.transparencymarketresearch.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 Synthetic Polymers Market to Register a Healthy CAGR of 5.06% for the Forecast Period, 2021-2031 here

News-ID: 2714041 • Views:

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn

All 5 Releases


More Releases for Asia

South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,
RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets. Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022. 23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019". The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia Equipping Asia’s navies with the latest diving technology for asymmetric warfare and operations SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients. Asked to comment on the move, Luke Palmer, the