1 / 8

Linear Low Density Polyethylene (LLDPE) Market 2019 to 2024, key industry players & growth trends

The Linear Low Density Polyethylene (LLDPE) Market research report analysis from recent past with an eye on coming years in this report that also offers projections Linear Low Density Polyethylene (LLDPE) industry targeted at helping in business decisions.

somnathsasane
Download Presentation

Linear Low Density Polyethylene (LLDPE) Market 2019 to 2024, key industry players & growth trends

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Linear Low Density Polyethylene (LLDPE) Market Growth Outlook with Industry Review and Forecast 2019-2024 © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. Global Market Scenario of Linear Low Density Polyethylene (LLDPE) Industry • Linear low density polyethylene (LLDPE) market will grow at a moderate rate in the forecast period. The growth being attributed to vigorous increase in automotive, retail packaging, consumer goods and agriculture industries. • In Europe, the market will register CAGR above 5% by 2024, due to technological advancements coupled with rapid industrialization. • Global packaging market is probable to surpass USD 1 trillion in forecast period, being driven by the paper & board sector. Revolution in processed food and beverage goods packaging designs will open brighter growth prospects for the product in near future. • Growing application prospects of LLDPE will propel the market at a substantial rate. For instance, it is likely to witness significant demand as a substitute for few polyethylene grades such as HDPE and LDPE, due to better chemical and physical properties of the product. • The polymer is widely used in mining, canal lining, packaging industry, geomembrane liners and hazardous waste liners and thus has brighter demand aspects in near future. © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Continue:- • Owing to the wide range of applications such as moisture resistance in the concrete structure, soil erosion prevention in agriculture, etc. • LLDPE films likely to contribute to 70% of the application revenue share by 2024. The product is popularly used in food packaging. By 2024, the global food packaging market is estimated to surpass USD 310 billion which presents brighter growth aspects for the market in the forecast period. • LLDPE films are used for sacks and bags manufacturing as well, due to their mechanical properties. • Rotomolded LLDPE is likely to have revenues over USD 6.9 billion in 2024. The growth is attributed to its benefits of being simpler and affordable compared to injection molding or blow molding. • Its applications in water treatment, packaging, agriculture, automotive construction and furniture industries will propel the market in coming years. © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Request for sample copy of this research report@ https://bit.ly/2qyu5xQ © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. 360° Industry Analysis • Asia Pacific is estimated to be the largest share observer for LLDPE market in 2024. Robust industrialization in the region due to thriving textiles, oil & natural gas, automobiles, manufacturing and electronics industries in the regional economies will encourage the construction spending and will boost market growth. • Rapidly expanding Indian e-commerce and organized retailing will also contribute to the market growth. Malaysia and Thailand are strengthening the packaging industry which will consequently increase the regional product consumption. • North America will have a share over USD 7.5 billion by 2024. The regional market is led by U.S., having an established web of pharmaceutical companies. These will need LLDPE films for medical packaging. The construction spending in U.S. is predicted to grow over 6% CAGR by 2024 particularly due to its infrastructural development. • Europe has been a prevalent automobile market globally with major OEM and other automotive suppliers based in Sweden, Germany etc. The region is likely to observe rise in meat packaging, telecommunication, automobile, and electronics industries in the coming years. Request for customization:https://bit.ly/2pEeNHC © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Competitive Analysis: • Key market players are Reliance Industries, LyondeBassells Industries N.V., The Dow Chemical Company, Nova Chemicals Corporation, Saudi Basic Industries Corporation (SABIC), China Petroleum & Chemical Corporation (Sinopec Corporation), INEOS Group AG, CNPC, Exxon Mobil Corporation, Borealis AG, Sasol Limited, Mitsui and Westlake, Mitsubishi Chemicals, Chevron Phillips Chemical Company LLC, and Braskem S.A. Make An Inquiry For Purchasing This Report @https://bit.ly/2O6llIp © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  7. Latest Research Report On Linear Low Market @ https://bit.ly/2quEKK3Request for sample of this research report@ https://bit.ly/2qyu5xQ Request for customization: https://bit.ly/2pEeNHC © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  8. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

More Related