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Linear Low-Density Polyethylene (LLDPE) Market Size

  • Report ID: GMI1206
  • Published Date: Mar 2017
  • Report Format: PDF

Linear Low-Density Polyethylene Market Size

Linear Low-Density Polyethylene Market size was above USD 37 billion in 2015 with gains at over 6% between 2016 and 2024. It has applications in various industries such as household products, packaging, automotive, and agriculture. Linear low-density polyethylene offers a wide spectrum of advantages than other polyethylene derivatives.

 

Linear low-density polyethylene is extensively used as films owing to its superior tensile properties. These films are used where elongation and flexibility are vital factors such as packaging industry, canal linings, miming, hazardous waste liners, and geo-membrane liners. LLDPE films are consumed widely in the food packaging sector as they are impact resistant and possess high tensile strength. Packed food & beverage consumption is increasing due to improved living standards of youth. Moreover, escalating adoption of ready-to-mix and ready-to-eat food packets has increased the linear low-density polyethylene market in the food packaging industry.

 

 

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The forecast worth of linear low density polyethylene market is predicted to exceed 60 Billion (USD) by 2024.

According to credible reports, linear low density polyethylene market would record a crcr of 6% over the anticipated time span.

Linear low density polyethylene is used for making films for industries like the packaging sector where parameters like elongation and flexibility are of high significance.

Robust increase in the consumption of packed food & beverage products and escalating adoption of ready-to-eat food packets have driven the demand for LLDPE films in the food packaging industry.

Notable growth in the packed food & beverage sector of the U.S. and changing standard of living will fuel new growth proceeds in North America LLDPE market.

Companies like Nova Chemicals Corp., LyondeBassells Industries N.V., Reliance Industries, SABIC, CNPC, Exxon Mobil Corp., and Chevron Phillips Chemical Co. are some of the key manufacturers and suppliers of LLDPE.

Linear Low-Density Polyethylene (LLDPE) Market Scope

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Premium Report Details

  • Base Year: 2015
  • Companies covered: 14
  • Tables & Figures: 96
  • Countries covered: 17
  • Pages: 110
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