Global Low Density Polyethylene (LDPE) Market projected to expand at a healthy CAGR of 5.6% in terms of value, 2015-2025

Future Market Insights (FMI) delivers key insights on the global Low Density Polyethylene (LDPE) market in its upcoming report titled “Low Density Polyethylene (LDPE) Market: Global Industry Analysis and Opportunity Assessment 2015–2025”.The global low density polyethylene market is projected to expand at a healthy CAGR of 5.6% in terms of value during the forecast period due to various factors, regarding which FMI offers vital insights in detail in this report.

Low Density Polyethylene (LDPE) is the most common form of polyethylene manufactured from monomer ethylene. This thermoplastic finds applications in film & sheets, extrusion coatings, injection mouldings and other applications. The products of LDPE are extensively utilized in various industries such as construction, automotive, packaging and others.

Demand for LDPE is primarily driven by widening span of various end-use applications and products. Macro-economic factors including developing retail sector, urbanization, growing prominence of recyclable products and rapid commercialization in developing economies are further driving growth of the global LDPE market.

As of 2014, Asia Pacific excluding Japan (APEJ) accounted for around 27.8% market share by value, followed by North America, Western Europe and other regions. APEJ region is expected to witness significant growth and gain market share during the forecast period. Revenue from developed economies are collectively expected to expand at a CAGR of 3.4% during the forecast period. China is expected to emerge as the single largest market in terms of value, surpassing the U.S. by end of the forecast period.

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In 2014, the film & sheets application was the largest segment in the global low density polyethylene market, followed by the extrusion coating and injection moulding segments. The film & sheets application segment is projected to remain the largest segment throughout the forecast period, creating an incremental $ opportunity of US$ 16,080.7 Mn between 2015 and 2025.

In 2014, tubular reactor was the largest technology segment in the global low density polyethylene market. The autoclave segment is expected to create an incremental $ opportunity of US$ 5,793.3 Mn for low density polyethylene producers over the forecast period.

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Some key players in the low density polyethylene market that have been covered in this study include LyondellBasell Industries N.V., ExxonMobil Corporation, The Dow Chemical Company, Saudi Basic Industries Corporation (SABIC), BASF-YPC Company Limited, LG Chem Ltd., E.I. du Pont de Nemours and Company, Braskem S.A., Formosa Plastics Corporation and Qatar Petrochemical Company.

Segmentation of the global LDPE market is as follows:

By Application

Film and Sheets

Extrusion Coatings

Injection Moulding

Other Applications

By Technology

Autoclave

Tubular

By Region

North America

U.S.

Canada

Asia Pacific

China

India

ASEAN

Oceania

Rest of Asia Pacific

Japan

Western Europe

Germany

U.K.

Spain

Italy

France

Rest of Western Europe

Eastern Europe

Russia

Poland

Rest of Eastern Europe

Middle East and Africa

GCC Countries

Israel

Turkey

South Africa

Rest of Middle East and Africa

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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This release was published on openPR.