Select Language
According to the latest report by IMARC Group, titled “Low Density Polyethylene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global low density polyethylene market size reached US$ 34 Billion in 2019. Low Density Polyethylene (LDPE) is one of the oldest and most popular thermoplastic materials that are available in the market. It is a semi-rigid and translucent polymer composed of 4,000 to 40,000 carbon atoms. LDPE is formed at high pressure through the free radical polymerization of ethylene. In recent years, LDPE has gained immense preference across the globe on account of its favorable properties, such as electrical insulation, chemical inertness, and optimal tear and stress crack resistance.
Global Low Density Polyethylene Market Trends:
LDPE finds application in various end use industries across the globe, owing to its lower cost, excellent flexibility and high chemical resistance. It is widely used in the production of floor tiles, shipping envelopes, dropper bottles, liners, trash bags, and films for food packaging and laminations. Also, LDPE-based compounds are utilized in jacketing and insulating materials for sheathing cables and wires. Besides this, due to its low water absorption and plasticity, LDPE is extensively used in pipes and fittings. Apart from this, with rising environmental concerns, the governments of various countries are changing the regulatory requirements concerning the efficiency of construction activities. As a result of this, the demand for LDPE is projected to rise, as it is non-toxic, renewable in nature, requires lower amounts of energy during manufacturing and can be recycled under certain conditions. Looking forward, IMARC Group expects the market value to reach US$ 43 Billion by 2025, at a CAGR of 3.8% during the forecast period (2020-2025).
Market Summary:
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800 | www.imarcgroup.com
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91-120-433-0800 )
Drop us an email at
sales@imarcgroup.com