Pune, India -- (SBWire) -- 12/07/2017 --Polyethylene (PE) refers to a polymer of ethylene, particularly belonging to the category of lightweight thermoplastics. Polyethylene is partially crystalline in nature and has a high resistance to chemicals and moisture.
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Globally, it is the most commonly used plastic. It is used in the production of products ranging from packaging, construction, automotive, and other applications. The global polyethylene market was valued at $142.01 billion in 2016 and is expected to reach $170.95 billion by 2021, growing at a CAGR of 3.78% during the forecast period. LDPE is a type of polyethylene with a density of less than 940 kg/m³ and is mainly produced through a high-pressure process. It is part of the polyolefins family.
The analysts forecast global low-density polyethylene (LDPE) market to grow at a CAGR of 2.63% during the period 2017-2021.
This report covers the present scenario and the growth prospects of the global low-density polyethylene (LDPE) market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: Americas, APAC & EMEA
This report, Global Low-density Polyethylene (LDPE) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors: Borealis, China Petroleum & Chemical Corporation, ExxonMobil, LyondellBasell Industries Holdings & The Dow Chemical Company
Other prominent vendors: Braskem, Chevron Phillips, INEOS, Mitsui Chemicals, NOVA Chemicals, Reliance Industries, SABIC, Sasol, USI Corporation, Versalis & Westlake Chemical
Market driver: Growing demand from films application
Market challenge: Volatility in raw material prices
Market trend: Increase in demand for LDPE recycling
Key questions answered in this Global Low-density Polyethylene Market Report:
1. What will the market size be in 2021 and what will the growth rate be?
2. What are the key market trends?
3. What is driving this market?
4. What are the challenges to market growth?
5. Who are the key vendors in this market space?
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Low-Density Polyethylene Market (LDPE) Global Analysis and 2021 Forecast
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