Germany: Market Report Ceresana Releases New Report on Linear Low-Density Polyethylene
Ceresana has introduced a new report on the global market for linear low-density polyethylene. The report reveals that the Asia-Pacific region is the largest consumer of LLDPE across the globe.
Konstanz/Germany – Linear low-density polyethylene (LLDPE) is one of the most widely used types of standard plastics. Other varieties of polyethylene, especially LDPE and HDPE, are sometimes easier to process; however, LLDPE is more flexible and has a higher resistance against tearing, shocks, and punctures. These special properties are the result of the manufacturing process: copolymerisation with alkenes at low temperatures and low pressure results in polymer chains with short branches only. Ceresana releases its third comprehensive report on the global market for linear low-density polyethylene.
Bags for China
LLDPE films can be produced with reduced thickness, therefore saving considerable amounts of materials. Carrier bags, pouches, packaging materials, and agricultural covering films can be made of LLDPE, among others. The present study expects average growth of approx. 4.1 % per year in the global demand for LLDPE until 2026. With a share of 51 % of global demand volumes, the Asia-Pacific region is by far the largest consumer of LLDPE.
Packaging Films is the Main Application
The most important sales market for LLDPE in 2018 was the application area ‘packaging films’ with demand of 11.46 million tonnes, followed by bags and sacks. The entire packaging market, including rigid packaging, currently amounts to around 70 % of the total demand. However, more and more polyethylene of this type is used for other applications: the demand for LLDPE for the production of vehicles, toys, electronic and electrical devices, household appliances, medical technology, as well as mechanical and plant engineering will presumably achieve the highest percentage increases until 2026 with rates of 3.0 % per year.
Processing by Means of Extrusion Dominates the Market
The most important processing method for LLDPE is extrusion. More than 24.3 million tonnes of LDPE were processed around the globe in 2018 by means of film extrusion alone. Analysts at Ceresana expect that the global extrusion of pipes, profiles, and cables will achieve the highest growth during the next eight years with rates of 3.1 % per year.
The Study in Brief:
Chapter 1 provides a comprehensive account and analysis of the global market for linear low-density polyethylene (LLDPE) – including forecasts until 2026. It features the development of demand, revenues, and production for each region. The various application areas of LLDPE are also examined: packaging films, bags and sacks, other films, rigid packaging, construction products, and other applications.
Chapter 2 analyses the 26 most important individual sales markets around the globe. Demand, revenues, trade, and production are described for each country, in some cases further split by application areas and processing technologies.
Chapter 3 provides useful company profiles of the most important manufacturers of LLDPE, clearly arranged according to contact information, revenues, profits, product range, production sites, capacities, and profile summary. We offer comprehensive profiles of 69 manufacturers, such as China Petroleum & Chemical Corp. (Sinopec Corp.), Dow, Equate Petrochemical Company, Exxon Mobil Corporation, Gas Authority of India (Gail), and Saudi Basic Industries Corp. (Sabic).