Low-Density Polyethylene Market Overview:
The global low-density polyethylene market was estimated at USD 29.78 Bn in 2017, says Market Research Future (MRFR). The market is expanding at a robust growth rate during the forecast period (20182023).
Low-Density Polyethylene Market Key Players:
The key players currently dominating the global low-density polyethylene market include;
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Low-Density Polyethylene Market Regional Analysis:
Asia Pacific, Latin America, Europe, North America and the Middle East & Africa are the main regions across which the global low-density polyethylene market is thriving during the review period.
The report identifies Europe as one of the strongest regional markets globally, as the region had accounted for about 31.10% share in 2017. The predicted growth rate of the region holds true based on the factors like the presence of a huge number of manufacturers coupled with the speedy expansion of the polymer industry. Moreover, with the rapid boom in the packaging sector and the subsequent increase in the product demand, the regional market is set to witness further growth from 2018 to 2023.
Advancements in technology and the positive economic development in the Asia Pacific region, especially in countries like India and China will enhance the growth prospects the years to come. Rapid industrialization, in particular the construction industry owing to burgeoning population will bear good news for the market in the region in the near future.
Low-Density Polyethylene Market Segmentation:
The market for low-density polyethylene is segmented on the basis of manufacturing process and application.
Depending on the manufacturing process, the global low-density polyethylene market is considered for autoclave and tubular.
Film & sheets, extrusion coating, injection molding and others are some of the significant applications of low-density polyethylene market. The expansion of LDPE market in films and sheets application is mainly led by the increasing demand in the packaging sector. On the other hand, the rise of the injection molding segment is the result of the elevated demand for injection-molded LDPE articles, like pallets, crates, household goods, packaging containers and caps, toys, in diverse end-use industries.
Low-Density Polyethylene Market Table of Content to be Continue.,
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