Linear low-density polyethylene, used in range of markets from toys to plastic bags, pipes, buckets and cable wire covering, is more popular vis-à-vis low-density polyethylene owing to superior impact and higher tensile strength and puncture resistance
Albany, NY -- (SBWIRE) -- 03/01/2019 -- Linear low-density polyethylene, used in range of markets from toys to plastic bags, pipes, buckets and cable wire covering, is more popular vis-à-vis low-density polyethylene owing to superior impact and higher tensile strength and puncture resistance. Overwhelming demand for liner low-density polyethylene (LLDPE) in film applications such as food and non-food packaging is being witnessed. Food packaging films demand superior performance film structures which are less permeable to improve flavors and increase shelf life. Growth in the LLDPE could be attributed to the transition of items packaged to quality flexible packages. These introductory insights are in line with the report titled, "Linear Low-density Polyethylene Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026," which has been latterly included in the ever expanding repository of Market Research Hub (MRH). In terms of market share, the linear low-density polyethylene market is expected to expand at a CAGR of over 5% during the forecast period. Soaring use of linear low-density polyethylene in flexible packaging could be attributed to features such as tremendous durability, malleability, resistance to chemical reactants and light weight. However, given plastics are non-biodegradable it poses serious concern to the environment at the time when world is fighting against climate change. In light of the environmental concern, governments have come up with severe regulations to curb the use of plastic.
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Linear Low-density Polyethylene Market: Report Content
The report offers a coherent analysis on the linear low-density polyethylene market with qualitative and quantitative assessment. The report provides an analysis through insights on dynamics comprising of drivers, trends, restraints and opportunities that have considerable impact in the growth of LLDPE market. The report also delves into the segmentation to provide actionable insights on the LLDPE market. The market is segmented on the basis of process type, application, end-use industry and region. The report starts with the preface followed by executive summary and market overview section. The market overview section elucidates value chain analysis, market indicators and SWOT analysis. The report also includes market attractiveness analysis where segments are benchmarked on the basis of their growth rate, market size and general attractiveness. The market overview section further incorporates Porters' Five Force Analysis to elucidate the competitive landscape of the linear low-density polyethylene market. The final section offers actionable insights on the competitive scenario of the LLDPE market with a dashboard view. The final section incorporates company overview, strategies, product portfolio and recent developments. Competitors in the market included in the report are DowDuPont, ExxonMobil Corporation, Saudi Basic Industries Corporation (SABAIC), Westlake Chemical Corporation and China Petroleum and Chemical Corporation (SINOPEC).
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Linear Low-density Polyethylene Market: Research Methodology
Report on the LLDPE market is the result of a dynamic research methodology incorporating comprehensive primary and secondary sources. Primary sources have succored in offering actionable insights on the LLDPE, while exhaustive analysis gained from secondary sources have been verified taking those assessments from primary sources into consideration. The market value projections has been evaluated on the basis of absolute dollar opportunity analysis and Y-o-Y projections.