LLDPE Market to Reach US$ 59 Billion by 2023
How Big is the Linear Low-density Polyethylene Market?
The linear low-density polyethylene (LLDPE) market is expected to exceed more than US$ 59 Billion by 2023; Growing at a CAGR of around 6% in the given forecast period.
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Linear Low-density Polyethylene (LLDPE) is considerably linear compound with important numbers of short branches, usually created by copolymerization of the olefin with longer chain olefins. Linear low-density polyethylene differs structurally from typical low-density polyethylene as absence of long chain branching. The linearity of LLDPE results from various producing processes of LLDPE and LDPE. In general, LLDPE is created at lower temperatures and pressures by co-polymerization of ethylene and such advanced alpha olefins as octane, hexane or butane. Linear low-density polyethylene presents superior tear and impact film properties than LDPE natural milky color, flexible and translucent with high impact strength. Despite the fact that the densities of LDPE and LLDPE (0.921 – 0.926 g/cc) are comparable, LLDPE shows better tear and effect film properties than LDPE Very adaptable, regular smooth shading, translucent with high effect quality.
The major driving factors of linear low-density polyethylene market are as follows:
Fast growing flexible packaging business expected to enhance LLDPE market.
Increasing market for agricultural films.
The restraining factors of linear low-density polyethylene market are as follows:
Tighter deliver in Europe possible to restrain LLDPE market.
The linear low-density polyethylene market is segmented on the lines of its application and regional. Based on application segmentation it covers roto molding, injection molding, films and others. The linear low-density polyethylene market’s geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
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This report provides:
1) An overview of the global market for linear low-density polyethylene and related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2023.
3) Identifications of new market opportunities and targeted promotional plans for linear low-density polyethylene.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The scope of the report includes a detailed study of global and regional markets for Linear Low-density polyethylene (LLDPE) with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Exxon Mobil Corporation, The Dow Chemical Company, LyondellBasell Industries N.V., Saudi Basic Industries Corporation (SABIC), Borealis AG, Formosa Plastics Corporation, U.S.A. (Formosa Plastics), China Petroleum & Chemical Corporation (Sinopec Corporation), INEOS Group AG, Chevron Phillips Chemical Company LLC, NOVA Chemicals Corporation, Sasol Limited, and Braskem S.A.. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Linear low density polyethylene Market has been segmented as below:
By Application Analysis
By End-user Analysis
Automotive & aviation
Medical & healthcare
Others (including other industries, special purpose, etc.)
By Regional Analysis
Rest of the World
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