Market Overview:
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.
The global market for LLDPE is driven by various end-use
industries such as automotive, electrical & electronics, housewares
products, and plastic processing. The majority of LLDPE is used in
plastic processing and food packaging industry. The rising trend of
stretching/flexible films attributed to the key properties such as extended
shelf life and enhanced flavors. Moreover, the growing concerns over climate
change attracted a huge demand from the agriculture sector for LLDPE made greenhouse
films. The characteristics of high thermal resistance find its application in
the production of various electronic, automotive components such as switches,
plugs, and other electrical products. Furthermore, the increasing demand for
flexible packaging films in housewares products and paperboard packaging film
in liquid containers are likely to propel the demand for the product in the
market.
Segmentation
The global linear low
density polyethylene market is segmented by application, end-use industries,
process type, and region.
On the basis of the
application, the global LLDPE market is segmented into packaging films,
injection moulding, extrusion coating, rotomolding, and others.
On the basis of the end
use application, the global LLDPE market is segmented into plastic processing
industry, electrical& electronics industry, automotive industry,
automotive, and others.
On the basis of the
process type, the global LLDPE market is segmented into gas phase, solution
phase, and slurry phase.
Key
players
Ø NOVA Chemicals
Corporatio
Ø The Dow Chemical
Company LLC
Ø Exxon Mobil Corporation
Ø Mitsubishi Chemicals
Corporation
Ø Braskem
Ø Chevron Phillips
Chemical Company
Ø Borealis AG.
Ø lyondellBasell
Industries Holdings B.V.
Intended
Audience
- Manufacturers of Films
- Traders, suppliers, and
distributors of chemicals
- Government Organizations
- End- use industries
- Research organizations
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