Linear Low Density Polyethylenes (LLDPE) Market Research Report – Forecast to 2030

Linear Low Density Polyethylenes (LLDPE) Market Information: By Application (Packaging Films, Injection Moulding, Extrusion Moulding, Rotomolding, Profile Extrusion, Others), End Use Industries (Plastic Processing, Electrical& Electronics, Automotive, Others), and Process Type (Gas Phase, Solution Phase, Slurry Phase), And Region - Forecast Till 2030

ID: MRFR/CnM/4582-HCR | February 2021 | Region: Global | 100 pages

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Linear Low Density Polyethylenes (LLDPE) Market Synopsis:

Linear low density polyethylene (LLDPE) is a copolymer produced from copolymerizing ethylene with butane, octane, and hexane. Ethylene is an organic compound derived from petroleum & natural gas.  It is mostly preferred over conventional linear density polyethylene owing to improved temperature resistance & tensile strength. Additionally, it offers high impact strength, flexible, chemical resistance, odorless, and translucent properties.


Growing demand from various end use industries such as housewares products, automotive industry, electrical & electronics industry, and others is expected to propel the growth of the Linear Low Density Polyethylenes (LLDPE) Market. It is sold as colorless and odorless plastic granules and pellets in the market. Furthermore, these pellets are used in industrial process such as extrusion coating, rotomolding, packaging film, and injection molding.  Increasing use in plastic manufacturing industry is majorly driving the growth of the Linear Low Density Polyethylenes (LLDPE) Market. Application of plastic in packaging film is further categorized into food packaging and non-food packaging films.  Moreover, it is widely used in the food packaging industry owing to the properties that it offers such as heat resistance, flexibility, and ease to seal. The market for non-food packaging industry is majorly driven by the high usage of the thin films due to low production cost. Additionally, increasing demand for non-food packaging films from the agriculture sector for irrigation purposes is expected to increase the demand for product in profile extrusion. This application is attributed to the production of pipes, tubes, and others. Rotomolding and injection molding are extensively used in production of housewares products such as kitchen accessories, luggage, and furniture parts. Furthermore, growing use of LLDPE in industrial applications such as aluminium rolling, containers & tanks, dry cleaning conveyor belts and decorative coatings is expected to drive a significant demand for LLDPE over the forecast period.


Key Players


Some of the key players in the Linear Low Density Polyethylenes (LLDPE) Market are NOVA Chemicals Corporation (Canada), The Dow Chemical Company LLC (U.S.), Exxon Mobil Corporation (U.S.), Mitsubishi Chemicals Corporation (Tokyo), Braskem (Brazil), Chevron Phillips Chemical Company (U.S.), Borealis AG. (Austria), and lyondellBasell Industries Holdings B.V. (Netherland)


Regional Analysis


North America is the leading market in terms of revenue due to high demand for the material in application of packaging films, extrusion coating and rotomolding. The U.S. is the leader of food packaging industry in the region. This is attributed to the large manufacturing base of the giant players in the country. Further, the growing demand from various end use industries such as building & construction, automotive industry, electrical & electronics Industry is expected to propel the demand for Linear Low Density Polyethylenes (LLDPE) Market.


Asia Pacific is the fastest growing market in terms of value & volume. The growing packaging and retail industry in the region owing to the increasing demand for instant food delivery market in the emerging economies such as India, china and Japan is a major factor in the growth of the Linear Low Density Polyethylenes (LLDPE) Market.


Europe is expected to witness a surge in Linear Low Density Polyethylenes (LLDPE) Market owing to the growing automotive, electronics, food packaging and power & telecommunication industry. In terms of value added the food & beverage industry is estimated to be the largest in manufacturing sector in the region. Further, rapid growth in exports of automobiles globally is likely to increase the consumption of LLDPE by the industry. Stringent government regulation to limit the use of LLDPE hampers the growth of the product in the market. Furthermore, the growing power & telecommunication industry induces the manufacturing of supporting electrical equipment’s like cables & wires is expected to propel the demand for the product in the region.


Increasing exports of polyethylene & packaging films in the Linear Low Density Polyethylenes (LLDPE) Market owing to abundant production of petrochemicals in the region is likely to propel the demand for LLDPE in Middle East.


Segmentation


The Linear Low Density Polyethylenes (LLDPE) Market is segmented by Application, End-Use Industries, Process Type, and Region.


On the basis of the Application, the Linear Low Density Polyethylenes (LLDPE) Market is segmented into packaging films, injection moulding, extrusion coating, rotomolding, and others.


On the basis of the End Use Application, the Linear Low Density Polyethylenes (LLDPE) Market is segmented into plastic processing industry, electrical& electronics industry, automotive industry, automotive, and others.


On the basis of the Process Type, the Linear Low Density Polyethylenes (LLDPE) Market is segmented into gas phase, solution phase, and slurry phase.


Intended Audience



  • Manufacturers of Films

  • Traders, suppliers, and distributors of chemicals

  • Government Organizations

  • End- use industries

  • Research organizations



Report Scope:
Report Attribute/Metric Details
  Market Size   2030 : Significant Value
  CAGR   2030 : Substantial CAGR
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Application, End Use Industries, Process Type
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Linear Low Density Polyethylenes (LLDPE) Market are NOVA Chemicals Corporation (Canada), The Dow Chemical Company LLC (U.S.), Exxon Mobil Corporation (U.S.), Mitsubishi Chemicals Corporation (Tokyo), Braskem (Brazil), Chevron Phillips Chemical Company (U.S.), Borealis AG. (Austria), and lyondellBasell Industries Holdings B.V. (Netherland)
  Key Market Opportunities   New product launches and R&D Amongst major key Players
  Key Market Drivers   growing demand for LLDPE in houseware, automobiles, and electronics


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Frequently Asked Questions (FAQ) :

LLDPE is a copolymer produced from copolymerizing ethylene with butane, octane, and hexane.

Major applications of LLDPE include packaging films, injection molding, extrusion coating, and rotomolding.

The growing demand for LLDPE in houseware, automobiles, and electronics is the major driver for the LLDPE market.

North America is the leading revenue generator in the global LLDPE market.

Leading players in the LLDPE market include NOVA Chemicals Corporation, Dow, and ExxonMobil, among others.