Global Low Density Polyethylene Market 2015-2019
LDPE is made by the polymerization of ethylene at high temperatures in an autoclave or a tubular reactor. LDPE contains two or four carbon atoms on the main chain leading to irregular packing and low crystallinity. It is chemically inert and insolvent at room temperature, and has good resistance to alkalis and acids. When LDPE is exposed to light and oxygen, it loses its strength and tear resistance. It is used in molded laboratory apparatus, such as pipette washing equipment, wash bottles, bags, tanks, and general purpose tubing.
Technavio analysts forecast the global LDPE market to grow at a CAGR of 1.41% by revenue during 2014-2019.
Covered in this Report
The Technavio report, namely Global LDPE Market 2015-2019, is based on an in-depth market analysis, with inputs from various industry experts. The report includes a comprehensive discussion on the market, an extensive coverage on various types of production techniques, applications and demand-supply dynamics in different geographies. It provides comments on the existing market landscape and its growth prospects in the forecast period. The report includes the key vendors operating in the market.
The report provides data on the following segments of the market:
Process (Autoclave Method, and Tubular Method)
Feedstock (Naphtha, Natural Gas, and Others)
Application (Film and Sheets, Extrusion Coating, Injection Molding, and Others)
Geography (APAC, EMEA, North America and ROW)
Technavio Announces the Publication of its Research Report – Global LDPE Market 2015-2019
Technavio recognizes the following companies as the key players in the Global LDPE Market: BASF, Dow Chemical, ExxonMobil, LyondellBasell, SABIC and Sinopec
Other Prominent Vendors in the market are: Borealis, Braskem, Chevron Phillips Chemical, DuPont de Nemours, Lone Star Chemical, Petkim and Total Petrochemicals
Commenting on the report, an analyst from Technavio’s team said: “Growing R&D spending has been a major trend in the global LDPE market in recent years. The major players in the market are increasing their spending on research regarding alternate production processes because of reducing margins and the market's dearth of innovations in technology.”
According to the report, the increase in LDPE production capacity in APAC in the coming years will be one of the major driving forces for the growth of the market during the forecast period. Owing to the expected rapid increase in consumption, global LDPE manufacturers have started making plans to increase their LDPE capacities to cater to it.
Further, the report states that the growing concern over the effect of LDPE on the environment will be a major challenge for the global LDPE market during the forecast period. Most nations in the world, including the US, Japan, and EU nations, have already banned or limit the usage of plastics for various purposes.
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