Low Density Polyethylene (LDPE) Foams Market Projected to Gain Significant Value through 2020-2030

𝐋𝐨𝐰 𝐃𝐞𝐧𝐬𝐢𝐭𝐲 𝐏𝐨𝐥𝐲𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 (𝐋𝐃𝐏𝐄) 𝐅𝐨𝐚𝐦𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧

The global low density polyethylene (LDPE) foams market was valued at ~US$ 1.5 Bn in 2019 and is anticipated to expand at a CAGR of ~5% during the forecast period. The global LDPE foams (LDPE)

market is expected to expand at a rapid pace during the forecast period, due to the increase in penetration of LDPE foams in various sectors, particularly packaging, building & construction, and medical; significant growth of certain industries, such as protective packaging, wherein LDPE foams are being introduced; availability of advanced raw materials and processing methods that facilitate the manufacture of products with improved properties; and rise in research and development activities.

𝐆𝐞𝐭 𝐀 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬 -https://www.transparencymarketresearch.com/low-density-polyethylene-market.html

𝐊𝐞𝐲 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐨𝐟 𝐋𝐨𝐰 𝐃𝐞𝐧𝐬𝐢𝐭𝐲 𝐏𝐨𝐥𝐲𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 (𝐋𝐃𝐏𝐄) 𝐅𝐨𝐚𝐦𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

LDPE foams are primarily used in the packaging industry to protect products from damages, as LDPE foams absorb energy and can achieve different levels of cushioning protection depending on the exact density of these foams. LDPE foams also possesses chemical resistance properties. This helps LDPE foams resist common causes of degradation. Packaging provides consumers with information that can be of crucial importance to their health. This includes degree of freshness and ripeness, color, shelf life, ingredients, and nutritional values of products. The global packaging market was valued at US$ 851 Bn in 2017, up by 2.8% compared to that in the previous year. It reached US$ 876 Bn in 2018, based on annual growth of 2.9%, and is expected to reach US$ 980 Bn in 2022 and US$ 1,000 Bn in 2023. Rise in population and increase in urbanization are fueling trade, and subsequently, the use of packaging. Online trade is further boosting the need for packaging. Products are also being consumed on-the-go. This is driving the need for food service packaging and different sizes of packaging.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3488

LDPE foams are primarily used in retail packaging, including counter & window display pads, transparent sleeve packs, jewelry pads, and coins. Thus, rise in preference of food & beverage packaging, flexible packaging, and corrugated board packaging is estimated to propel the low density polyethylene (LDPE) foams market.

𝐂𝐫𝐨𝐬𝐬-𝐥𝐢𝐧𝐤𝐞𝐝 𝐏𝐨𝐥𝐲𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 𝐅𝐨𝐚𝐦𝐬 𝐭𝐨 𝐎𝐟𝐟𝐞𝐫 𝐀𝐭𝐭𝐫𝐚𝐜𝐭𝐢𝐯𝐞 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬

In terms of type, the cross-linked polyethylene foams (XLPE foams) segment accounted for a major share of the global low density polyethylene (LDPE) foams market in 2019. XLPE foams offer superior thermal stability and insulation in addition to improved dimensional consistency and stability over a wide range of fabrication methods. As a result, these foams are employed widely in medical, protective packaging, automobile, sports & recreational, and building & construction applications. Cross-linked polyethylene (XLPE) foam is a high-density, closed-cell foam that has a compact feel. It resists water and chemicals. The cross-linking of polyethylene is a chemical or irradiation process that ties all of polymer molecules together by a strong chemical bond.

Several properties of XLPE foams are same as those of polyethylene foams. XLPE foams have the ability to protect interior and exterior surfaces. These foams can be placed directly in contact with high-finish surfaces. XLPE foams are used extensively in the packaging of medical products and equipment and several multi-part presentation kits. Most XLPE foams are also available in anti-static formulations.

𝐌𝐚𝐤𝐞 𝐚𝐧 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 -https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=3488

𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐨𝐟 𝐒𝐮𝐩𝐞𝐫𝐢𝐨𝐫 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐒𝐮𝐛𝐬𝐭𝐢𝐭𝐮𝐭𝐞𝐬 𝐭𝐨 𝐋𝐨𝐰 𝐃𝐞𝐧𝐬𝐢𝐭𝐲 𝐏𝐨𝐥𝐲𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 (𝐋𝐃𝐏𝐄) 𝐅𝐨𝐚𝐦𝐬 𝐭𝐨 𝐇𝐚𝐦𝐩𝐞𝐫 𝐋𝐨𝐰 𝐃𝐞𝐧𝐬𝐢𝐭𝐲 𝐏𝐨𝐥𝐲𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 (𝐋𝐃𝐏𝐄) 𝐅𝐨𝐚𝐦𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

LDPE foams face stiff competition from low-cost core material substitutes such as styrene acrylonitrile (SAN), polyvinyl chloride (PVC), polystyrene (PS), polyurethane (PU), polymethacrylamide (PMI), polyetherimide (PEI), as well as balsa and honeycombs. Polyurethane foams are extensively used due to their low density, thermal conductivity, and good mechanical strength. Additionally, the technology employed for the manufacture of polyurethane foams is well-established. Therefore, these foams are superior to other foams. Polystyrene foams are extensively employed in building and appliance insulation, surfboards, and lightweight protective packaging. Attributes of polystyrene foam such as endurance to the infiltration of moisture & condensation and durability make it a key alternative for usage in the production of sheet metal outer casing and inner liners for refrigerators and freezers.

Polyvinyl chloride foam is made of polyvinyl chloride and polyuria. The resulting product offers characteristics such as good mechanical strength, fire retardancy, chemically resistance, and endurance to bacterial growth. These foams are employed in thermal insulation of non-structural parts, road signs, and sandwich structures of boats, among others.

𝐀𝐬𝐢𝐚 𝐏𝐚𝐜𝐢𝐟𝐢𝐜 𝐃𝐨𝐦𝐢𝐧𝐚𝐭𝐞𝐬 𝐋𝐨𝐰 𝐃𝐞𝐧𝐬𝐢𝐭𝐲 𝐏𝐨𝐥𝐲𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 (𝐋𝐃𝐏𝐄) 𝐅𝐨𝐚𝐦𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

Asia Pacific constituted a prominent share of the global low density polyethylene (LDPE) foams market in 2019, due to economic growth and rise in foreign direct investments (FDIs) in India, China, Vietnam, Indonesia, Thailand, and Malaysia. This has boosted automotive and building & construction sectors in the region. China accounted for a prominent share of the low density polyethylene (LDPE) foams market in Asia Pacific in 2019, owing to significant increase in demand for automotive equipment in the country over the last few years. The Government of China supports advancements in technology and increase in production capabilities. China's National Development and Reform Commission is in the process of supervising a multi-trillion-dollar nationwide project to industrialize the underdeveloped western provinces of the country. This project is expected to boost the low density polyethylene (LDPE) foams market in China during the forecast period.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=3488

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐋𝐨𝐰 𝐃𝐞𝐧𝐬𝐢𝐭𝐲 𝐏𝐨𝐥𝐲𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 (𝐋𝐃𝐏𝐄) 𝐅𝐨𝐚𝐦𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

The global low density polyethylene (LDPE) foams market is consolidated. The top five players - The Dow Chemical Company, Armacell International S.A., Sealed Air Corporation, Zotefoams plc, and JSP - cumulatively held more than 40% share of the global low density polyethylene (LDPE) foams market in 2019. Zotefoams plc was the major producer of LDPE foams with more than 10% share of the global low density polyethylene (LDPE) foams market in 2019. Other companies operating in the global low density polyethylene (LDPE) foams market include a large number of local manufacturers in India and China who produce LDPE foams in smaller volumes and cater to the domestic markets. These are a part of the unorganized market.

𝐆𝐥𝐨𝐛𝐚𝐥 𝐋𝐨𝐰 𝐃𝐞𝐧𝐬𝐢𝐭𝐲 𝐏𝐨𝐥𝐲𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 (𝐋𝐃𝐏𝐄) 𝐅𝐨𝐚𝐦𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

𝐋𝐨𝐰 𝐃𝐞𝐧𝐬𝐢𝐭𝐲 𝐏𝐨𝐥𝐲𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 (𝐋𝐃𝐏𝐄) 𝐅𝐨𝐚𝐦𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐛𝐲 𝐓𝐲𝐩𝐞

Cross-linked Polyethylene Foams (XLPE Foams)
Expanded Polyethylene Foam (EPE Foams)

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬

Rohit Bhisey
Transparency Market Research Inc.
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