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2022
Linear Low-density Polyethylene Market

Linear Low-Density Polyethylene Market by Type (C4- LLDPE, C6- LLDPE, and C8- LLDPE) and Application (Film, Injection Molding, Rotational Molding, Pipe, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

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Jul 2022 | 120 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Linear low-density polyethylene is a kind of linear polymer which was first produced by DuPont in 1959 in Canada, with a number of short branches formed by copolymerization of ethylene with different long chains of olefins. It is like a part of the poly-olefins family which has some structural differences from conventional LDPE (Low-density polyethylene). The linear property of the polymer results from the difference in the manufacturing processes of linear density polyethylene and low-density polyethylene.

Usually, linear low-density polyethylene polymers are produced at comparatively lower temperatures and pressures by the co-polymerization of ethylene and higher alpha-olefins such as Butene, Hexene or Octene. Their difference in the co-polymerization process also results in a difference of molecular weight distribution of LDPE and linear low-density polyethylene resins, as these polymers have narrower molecular weight distribution than LDPE polymers. It exhibits higher tensile strength, impact and pressure resistance as compared to the conventional LDPE polymers which make linear low-density polymers suitable for a wide range of applications and uses. Linear low-density polyethylene resins are used primarily as films for bags and sheets or in the packaging industry. It is also used in the manufacturing of other goods such as toys, lids, buckets, plastic containers, bubble wraps and composite films.

Market scope and Structure Analysis

Report Metric

Detail

Market size available for years

  2020-2030

  Base year considered

  2020

  Forecast period

 2021-2030

  Forecast unit

  Value (USD)

  Segments Covered

  Type and Application

  Companies Covered

INEOS, Basell, The Dow Chemical company, Mitsubishi Chemicals, Mitsui and Westlake, ExxonMobil, SINOPEC, CNPC, SABIC, LyondeBassells, Reliance Industries and Nova Chemicals.

 

Covid-19 Impact Analysis 

  • The coronavirus's unfavorable global effects are already evident, and they will have a big impact on the linear low-density polyethylene in 2020.
  • The World Health Organization has declared a public health emergency after the COVID-19 virus outbreak in December 2019. The disease has spread to over 100 nations and resulted in massive deaths all across the world. Exports & Imports, global manufacturing, tourism, and financial sectors have all been heavily damaged.
  • The downward pressure on the global economy, which had previously shown signs of improvement, has escalated once more. The outbreak of the virus has added danger factors to the international economy's already sluggish development. Many international groups have stated that the global economy is experiencing its most difficult moment since the financial crisis.
  • The lockdown has resulted in hampering the imports and exports of various goods. Also, the uncertainty created in the market in the consumers’ buying pattern has resulted in hampering of the linear low-density polyethylene.


Top Impacting Factors

Growing demand for packaged food products, particularly in emerging countries of Asia Pacific is expected to be the key driver for LLDPE market growth. In addition, growing usage of protective films in agriculture to reduce soil erosion and protection against UV rays is also anticipated to fuel market growth over the next six years. Growing use of LLDPE films in construction industry as moisture barriers under the concrete structure is also likely to augment market growth.  However, stringent regulations regarding usage of non-biodegradable plastics in several parts of Europe and North America may hamper growth of the LLDPE market.

Market trends

  • Changing food habits across the globe is a key driver for the LLDPE market.
  • LLDPE films are used extensively in the food packaging industry as these films are impact-resistant and enable immense tensile durability. Adoption and preference for packed food and beverages, frozen foods, and ready-to-cook food products is growing at a significant rate due to changing lifestyles and improved standards of living. This has resulted in higher demand for LLDPE films for packaging, which in turn, is expected to drive growth of the global linear low-density polyethylene (LLDPE) market.
  • Growing demands for different kind of films is also bolstering the market demand.
  • Films are the largest sector of linear low-density polyethylene market contributing to more than half share of the market demand. Demand for films (agricultural films, stretch films, lamination, heavy duty sack and personal care film etc.) are majorly driving the demand for linear-low density polyethylene market.
  • Growing use of injection molding also contributes to the market growth.
  • Injection molding is another crucial application of linear low-density polyethylene. Injection molding is a part manufacturing technology and is used to manufacture plastic products such as pocket combs, automotive dashboards, bottle caps, and wire spools. Advantages of injection molding are better-finished parts, minimal scrap losses, low labor cost, repeatable high tolerances, and high production rates. Thus, increasing application of injection molding augments the linear low-density polyethylene market value.

Key Benefits of the Report

  • This study presents the analytical depiction of the linear low-density polyethylene industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the linear low-density polyethylene share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight linear low-density polyethylene growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed linear low-density polyethylene analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the Linear Low-Density Polyethylene Report

  • Who are the leading market players active in the Linear Low-Density Polyethylene?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
    • What is “Linear Low-Density Polyethylene “?
    • What does " Linear Low-Density Polyethylene " allow organizations to achieve?
    • Which technologies combine to make “Linear Low-Density Polyethylene “a critical organizational asset?
    • What is " Linear Low-Density Polyethylene” Market prediction in the future?
    • Who are the leading global players in the “Linear Low-Density Polyethylene” market?
    • What are the current trends and predicted trends?
    • What are the challenges faced in the " Linear Low-Density Polyethylene” Market?
    • What are the key benefits of the “Linear Low-Density Polyethylene “Market report?
    • What will be the anticipated growth rates for your own Linear Low-Density Polyethylene economy altogether and for every segment inside?
    • What are the driving factors and opportunities in the market?            

Key Market Segments

Segments Sub-segments
By Type
  • C4- LLDPE
  • C6- LLDPE
  • C8- LLDPE
By Application
  • Film
  • Injection Molding
  • Rotational Molding
  • Pipe
  • Others
By REGION
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA


Key Market Players

  • INEOS
  • Basell
  • The Dow Chemical company
  • Mitsubishi Chemicals
  • Mitsui and Westlake
  • ExxonMobil
  • SINOPEC
  • CNPC
  • SABIC
  • LyondeBassells
  • Reliance Industries
  • Nova Chemicals.


Other Key Market Players

  • Reliance Industries
  • Nova Chemicals.
 
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