Albany, NY -- (SBWIRE) -- 01/19/2019 -- Low Density Polyethylene (LDPE) is a thermoplastic polymer of ethylene made by process of free radical polymerization at high pressure. It has density in the range of 0.910g/cc to 0.940g/cc which results in low tensile strength but high ductility. LDPE offers high electrical & chemical resistance and transparency which makes it ideal to use in end industries such as flexible packaging, automotive, construction, green house, tunnels, insulation coax and others.
Rising demand from automotive and construction industry is expected to drive LDPE market. Changing lifestyle and rising disposable income is driving the automotive market. LDPE offers transparency at low weight which is expected to boost the demand from automotive industry, owing to stringent government regulations to increase the vehicle efficiency. Further, growth of food packaging industry is expected to drive the market where transparency of the packaging is important and consumer groups prefer transparent packaging. Food packaging includes meat and poultry wrapping, snacks, dairy and sweets, baked goods and frozen goods. Owing to rising population, demand from construction industry is expected to boost the market in developing countries. Demand for energy efficient civil and industrial infrastructure in developed countries is expected to fuel LDPE market. In addition, government regulations in developing countries regarding energy efficient industrial infrastructure is anticipated to drive the market.
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Replacement of LDPE by linear low density polyethylene (LLDPE) in many applications due to its low cost and environment regulations may hamper the market growth. Further, replacement by HDPE in agricultural films and volatility in raw material prices may hamper the market growth. Polyethylene is manufactured from petrochemical derivatives, rising crude oil price and complex manufacturing process may hamper the market growth. Rising demand for use of LDPE in medical film is expected to provide opportunity for market players in the near future. In addition, demand from molded laboratory equipments, injection moulding and adhesive laminate is expected to provide opportunities for LDPE market in the near future. Bio-derived polyethylene production from sugarcane by some companies in expected to open new opportunity in developing country such as Brazil.
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