Low-Density Polyethylene Market
Low-Density Polyethylene Market Size, Share & Trends Analysis Report by Technology (Autoclave, Roving and Tubular), by Application (Film & Sheets, Extrusion Coating, Injection Moulding and Others), and by End-User (Agriculture, Electrical and Electronics, Packaging, Construction and Other Industries) Forecast Period (2024-2031)
Low-density polyethylene market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period (2024-2031). Low density polyethylene (LDPE) is a thermoplastic polymer, it produced under high pressure and has a tensile strength which ranges from 0.910g/cc to 0.940g/cc. The primary market drivers boosting market expansion includes the rising demand for low-density polyethylene in the packaging, automotive, and construction industries.
Market Dynamics
Growing demand due to its adaptability and lower production costs
LDPE is well-known for its adaptability and financial advantages. It offers a combination of processability, chemical resistance, and adaptability that makes it useful for a range of applications across diverse industries. As LDPE is less expensive to produce than other grades of polyethylene and is highly competitive, it is a preferred material for use in budget-conscious industries like packaging and agricultural.
Rising demand from ecommerce sector for flexible packaging
The rising need for flexible packaging options due to growing demand for convenience meals and eCommerce is a key factor driving the global LDPE market. LDPE is a highly lightweight, printable, packing-efficient polymer with ideal barrier qualities that can be used to create packaging for the food and beverage sector. It is anticipated that this trend of LDPE use in the packaging sector would continue to be a driving force during the forecast period.
Market Segmentation
Our in-depth analysis of the global low density polyethylene market includes the following segments by technology, application, and end-user:
- Based on technology, the market is sub-segmented into autoclave, roving and tubular.
- Based on application, the market is bifurcated into film & sheets, extrusion coating, injection moulding and others.
- Based on end-user, the market is augmented into agriculture, electrical and electronics, packaging, construction and other industries.
Roving is Projected to Emerge as the Largest Segment
In the LDPE industry, roving technology is growing due to its importance in specific applications. The roving method involves bundling LDPE fibers and combining them to create a reinforced material. As a result, LDPE rovingis widely used in fields including corrosion prevention and pipe lining.The roving technology area of the LDPE market is expected to increase, making pipes even more crucial to the manufacture of LDPE goods, given the growing demand for infrastructure projects and the requirement that they be both affordable and durable.
Film & Sheets Sub-segment to Hold a Considerable Market Share
The film and sheethave the biggest market share, as it has the versatility and suitability of LDPE for this use. A multitude of industries, such as consumer products, packaging, construction, and agriculture, can make use of these films and sheets. Additionally, their versatility, resilience to moisture, and ease of manufacturing make them ideal for use in the creation of trash bags, liners, construction films, and food packaging. One potential avenue for growth in this market segment is the development of flexible packaging tailored for eCommerce and other verticals.
Regional Outlook
The global low density polyethylene market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (Middle East & Africa, and Latin America).
North America countries to invest in Low-density Polyethylene
- The increasing demand from end-use sectors including packaging, construction, and automotive is the driving force for the growth of LDPE market in North America.
Global Low Density Polyethylene Market Growth by Region 2024-2031
Asia-Pacific Holds Major Market Share
The presence of economic raw material and labor across the emerging economies of the region such as India and China is a key contributor to the high share of the regional market. Additionally, the high demand for LDPE in the growing FMCG, pharmaceutical, food processing, manufacturing, healthcare, and ancillary sectors across the region is further aiding to the market growth.
Furthermore, it is anticipated that government initiatives that support the expansion of infrastructure and urbanization will direct China's increases in LDPE consumption. Compared to industrialized economies where LDPE is already well-established, China's LDPE market is developing at a faster rate. Additional research and development initiatives that could find new applications for LDPE could breathe new life into the Japanese market.
Market Players Outlook
*Note: Major Players Sorted in No Particular Order.
The major companies serving the global low density polyethylene market include DuPont Inc., GE HealthCare Technologies Inc., LG Chem Ltd., LyondellBasell Industries N.V., ExxonMobil Corp. and The Dow Chemical Company,among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market. For instance, in September 2022, Repeats Group acquired Italian producer of recycled LDPEPolimeroSrl. PolimeroSrluses a mechanical process to convert plastic scrap into resin for commercial and industrial applications.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global low density polyethylene market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. DuPont Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. GE HealthCare Technologies Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. LG Chem Ltd.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Low-Density Polyethylene Market by Technology
4.1.1. Autoclave
4.1.2. Roving
4.1.3. Tubular
4.2. Global Low-Density Polyethylene Market by Application
4.2.1. Film & Sheets
4.2.2. Extrusion Coating
4.2.3. Injection Moulding
4.2.4. Others
4.3. Global Low-Density Polyethylene Market by End-user
4.3.1. Agriculture
4.3.2. Electrical and Electronics
4.3.3. Packaging
4.3.4. Construction
4.3.5. Other Industries
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East & Africa
6. Company Profiles
6.1. BASF-YPC Company Ltd.
6.2. Braskem S.A.
6.3. Chevron Phillips Chemical Company
6.4. China Petrochemical Corporation
6.5. ExxonMobil Corp.
6.6. Formosa Plastics Corp
6.7. Industries Qatar QSC
6.8. INEOS
6.9. LyondellBasell Industries N.V.
6.10. Mitsui Chemicals, Inc.
6.11. Petkim Petrokimya Holding A.?
6.12. Qatar Petrochemical Company (QAPCO) Q.P.J.S.C.
6.13. Reliance Industries Ltd.
6.14. Sasol
6.15. Saudi Basic Industries Corp.
6.16. The Dow Chemical Company
1. GLOBAL LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2031 ($ MILLION)
2. GLOBAL AUTOCLAVE LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
3. GLOBAL ROVING LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
4. GLOBAL TUBULAR LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
5. GLOBAL LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
6. GLOBAL LOW-DENSITY POLYETHYLENE FOR FILM & SHEETSMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
7. GLOBAL LOW-DENSITY POLYETHYLENE FOR EXTRUSION COATINGMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
8. GLOBAL LOW-DENSITY POLYETHYLENE FOR INJECTION MOULDINGMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
9. GLOBAL LOW-DENSITY POLYETHYLENE FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
10. GLOBAL LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
11. GLOBAL LOW-DENSITY POLYETHYLENE FOR AGRICULTUREMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
12. GLOBAL LOW-DENSITY POLYETHYLENE FOR ELECTRICAL AND ELECTRONICSMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
13. GLOBAL LOW-DENSITY POLYETHYLENE FOR PACKAGINGMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
14. GLOBAL LOW-DENSITY POLYETHYLENE FOR CONSTRUCTION MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
15. GLOBAL LOW-DENSITY POLYETHYLENE FOR OTHERS INDUSTRIES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
16. GLOBAL LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
17. NORTH AMERICAN LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
18. NORTH AMERICAN LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2031 ($ MILLION)
19. NORTH AMERICAN LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
20. NORTH AMERICAN LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
21. EUROPEAN LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
22. EUROPEAN LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2031 ($ MILLION)
23. EUROPEAN LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
24. EUROPEAN LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
25. ASIA-PACIFIC LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
26. ASIA-PACIFICLOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2031 ($ MILLION)
27. ASIA-PACIFICLOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
28. ASIA-PACIFICLOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
29. REST OF THE WORLD LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
30. REST OF THE WORLD LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2031 ($ MILLION)
31. REST OF THE WORLD LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
32. REST OF THE WORLD LOW-DENSITY POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
1. GLOBAL LOW-DENSITY POLYETHYLENE MARKET SHARE BY TECHNOLOGY, 2023 VS 2031 (%)
2. GLOBAL AUTOCLAVE LOW-DENSITY POLYETHYLENE MARKET SHARE BY REGION, 2023 VS 2031 (%)
3. GLOBAL ROVING LOW-DENSITY POLYETHYLENE MARKET SHARE BY REGION, 2023 VS 2031 (%)
4. GLOBAL TUBULAR LOW-DENSITY POLYETHYLENE MARKET SHARE BY REGION, 2023 VS 2031 (%)
5. GLOBAL LOW-DENSITY POLYETHYLENE MARKET SHAREBY APPLICATION, 2023 VS 2031 (%)
6. GLOBAL LOW-DENSITY POLYETHYLENE FOR FILM & SHEETSMARKET SHARE BY REGION, 2023 VS 2031 (%)
7. GLOBAL LOW-DENSITY POLYETHYLENE FOR EXTRUSION COATINGMARKET SHARE BY REGION, 2023 VS 2031 (%)
8. GLOBAL LOW-DENSITY POLYETHYLENE FOR INJECTION MOULDINGMARKET SHARE BY REGION, 2023 VS 2031 (%)
9. GLOBAL LOW-DENSITY POLYETHYLENE FOR OTHER APPLICATIONS MARKET SHARE BY REGION, 2023 VS 2031 (%)
10. GLOBAL LOW-DENSITY POLYETHYLENE MARKET SHAREBY END-USER, 2023 VS 2031 (%)
11. GLOBAL LOW-DENSITY POLYETHYLENE FOR AGRICULTUREMARKET SHARE BY REGION, 2023 VS 2031 (%)
12. GLOBAL LOW-DENSITY POLYETHYLENE FOR ELECTRICAL AND ELECTRONICSMARKET SHARE BY REGION, 2023 VS 2031 (%)
13. GLOBAL LOW-DENSITY POLYETHYLENE FOR PACKAGINGMARKET SHARE BY REGION, 2023 VS 2031 (%)
14. GLOBAL LOW-DENSITY POLYETHYLENE FOR CONSTRUCTIONMARKET SHARE BY REGION, 2023 VS 2031 (%)
15. GLOBAL LOW-DENSITY POLYETHYLENE FOR OTHER INDUSTRIES MARKET SHARE BY REGION, 2023 VS 2031 (%)
16. GLOBAL LOW-DENSITY POLYETHYLENE MARKET SHARE BY REGION, 2023 VS 2031 (%)
17. US LOW-DENSITY POLYETHYLENEMARKET SIZE, 2023-2031 ($ MILLION)
18. CANADA LOW-DENSITY POLYETHYLENEMARKET SIZE, 2023-2031 ($ MILLION)
19. UK LOW-DENSITY POLYETHYLENEMARKET SIZE, 2023-2031 ($ MILLION)
20. FRANCE LOW-DENSITY POLYETHYLENEMARKET SIZE, 2023-2031 ($ MILLION)
21. GERMANY LOW-DENSITY POLYETHYLENEMARKET SIZE, 2023-2031 ($ MILLION)
22. ITALY LOW-DENSITY POLYETHYLENEMARKET SIZE, 2023-2031 ($ MILLION)
23. SPAIN LOW-DENSITY POLYETHYLENEMARKET SIZE, 2023-2031 ($ MILLION)
24. REST OF EUROPE LOW-DENSITY POLYETHYLENEMARKET SIZE, 2023-2031 ($ MILLION)
25. INDIA LOW-DENSITY POLYETHYLENEMARKET SIZE, 2023-2031 ($ MILLION)
26. CHINA LOW-DENSITY POLYETHYLENEMARKET SIZE, 2023-2031 ($ MILLION)
27. JAPAN LOW-DENSITY POLYETHYLENEMARKET SIZE, 2023-2031 ($ MILLION)
28. SOUTH KOREA LOW-DENSITY POLYETHYLENEMARKET SIZE, 2023-2031 ($ MILLION)
29. REST OF ASIA-PACIFIC LOW-DENSITY POLYETHYLENEMARKET SIZE, 2023-2031 ($ MILLION)
30. LATIN AMERICALOW-DENSITY POLYETHYLENEMARKET SIZE, 2023-2031 ($ MILLION)
31. MIDDLE EAST AND AFRICALOW-DENSITY POLYETHYLENEMARKET SIZE, 2023-2031 ($ MILLION)
