Low-Density Polyethylene Global Market Report 2020
February 2020
200
About the Report
About the Report
The Low-Density Polyethylene (LDPE) market consists of sales of low-density polyethylene and related services which are used in the manufacturing different products such as packaging materials, trash bins, floor tiles, shipping envelopes, dropper bottles. Low-Density Polyethylene is resistant to moisture and chemicals and it is non-toxic, non-contaminating in nature, flexible and relatively transparent. It is used to make many thin and flexible products such as plastic bags for dry-cleaning, newspapers and others.
The global low-density polyethylene manufacturing market was worth USD 51.9 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 8.6% and reach USD 72.29 billion by 2023.
The low-density polyethylene market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. In 2018, Asia Pacific was the largest region in the low-density polyethylene market.
The rising demand of LDPE in packaging industry is expected to boost the growth of LDPE market. LDPE is being increasingly used for food packaging and non-food items packaging. Use of LDPE in packaging decrease cost of packaging. Also, LDPE has properties of having good tensile strength and is flexibility which makes the process of packaging easy. LDPE is commonly used in food packaging to manufacture coffee can lids, bread bags, fruit and vegetable bags used in grocery stores. It is also used in non-food packaging such as in shipping sacks, bubble packing, envelopes, overwrap, and rack and counter bags. According the American Plastics Council (APC), LDPE accounts for 65.5 percent of the total plastic film used in packaging of food items whereas it accounts for 54.9 percent of the total plastic film used in packaging of non-food items. The increase in demand of packaging accelerates the demand for LDPE used as a packaging material.
The rising popularity of Linear Low-Density Polyethylene (LLDPE) is expected to restrict the growth of the low-density polyethylene (LDPE) market. Linear Low-Density Polyethylene (LLDPE) acts as a substitute to low-density polyethylene (LDPE) with additional benefits such as high tensile strength and higher degree of resistance form UV rays and other environmental factors, when compared to the low-density polyethylene (LDPE). According to an article by Plastivision, by 2023 the demand for LDPE for kitchen appliances is expected to reach 1.2 million metric tons only, whereas the demand for LLDPE for making of industrial containers is expected to reach 3 million metric tons. Thus, the market for LDPE is negatively impacted owing to the high tensile strength and more flexibility offered by LLDPE as compared to LDPE.
The production of bio-derived polyethylene is being widely adopted by the companies in the low-density polyethylene market as a substitute to chemically synthesized polyethylene. Low-density polyethylene, like other plastics, is chemically synthesized and release harmful toxins in the environment when burned and is difficult to decompose thus harming the environment. Companies involved in LDPE market are investing towards finding sustainable options to chemical plastics called as bioplastics. These bio-plastics mimic the robustness and durability of conventional plastics such as LDPE and degrade in open air. For instance, Braskem a Brazilian petrochemical company headquartered in Sao Paulo, launched its "I'm greenTM Polyethylene" under its campaign "I'm greenTM ". I'm greenTM Polyethylene is a bio-derived polyethylene produced from sugarcane and is 100percent renewable. In 2019, the company added more products to its "I'm greenTM" including post-Consumer-Recycled (PCR) resins, a mixed bio-based plastic, and other PCR solutions.
In 2019, ProMach,a packaging machinery company headquartered in Covington, Kentucky, acquired Grip-Pak for undisclosed amount. Through the acquisition, ProMach aims to expand its product line by utilizing LDPE handle solutions. Grip-Pak, is a U.S based provider 100% recyclable, photodegradable and FDA-compliant low-density polyethylene (LDPE) ring carriers made in the United States.
Major players in the market are Formosa Plastics Corporation, Dow Chemical Company, BASF SE, Chevron Phillips Chemical Company, DuPont de Nemours, LG Chem, Exxon Mobil Corporation, Reliance Industries Ltd, LyondellBasell Industries,
Products
Products
1) By End Use Industry: Agriculture; Electrical and Electronics; Packaging; Construction; Others
Companies
Formosa Plastics Corporation
Dow Chemical Company
BASF SE
Chevron Phillips Chemical Company
DuPont de Nemours
LG Chem
Exxon Mobil Corporation
Reliance Industries Ltd
LyondellBasell Industries
Table of Contents
Table of Contents
1. Executive Summary
2. Low-Density Polyethylene Market Characteristics
3. Low-Density Polyethylene Market Size And Growth
3.1. Global Low-Density Polyethylene Historic Market, 2015-2019, USD Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Low-Density Polyethylene Forecast Market, 2019-2023F, 2025F, 2030F, USD Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Low-Density Polyethylene Market Segmentation
4.1. Global Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Agriculture
Electrical and Electronics
Packaging
Construction
Others
5. Low-Density Polyethylene Market Regional And Country Analysis
5.1. Global Low-Density Polyethylene Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
5.2. Global Low-Density Polyethylene Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
6. Asia-Pacific Low-Density Polyethylene Market
6.1. Asia-Pacific Low-Density Polyethylene Market Overview
6.2. Asia-Pacific Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
7. China Low-Density Polyethylene Market
7.1. China Low-Density Polyethylene Market Overview
7.2. China Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,USD Billion
8. India Low-Density Polyethylene Market
8.1. India Low-Density Polyethylene Market Overview
8.2. India Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
9. Japan Low-Density Polyethylene Market
9.1. Japan Low-Density Polyethylene Market Overview
9.2. Japan Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
10. Australia Low-Density Polyethylene Market
10.1. Australia Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
11. Indonesia Low-Density Polyethylene Market
11.1. Indonesia Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
12. South Korea Low-Density Polyethylene Market
12.1. South Korea Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
13. Western Europe Low-Density Polyethylene Market
13.1. Western Europe Low-Density Polyethylene Market Overview
13.2. Western Europe Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
14. UK Low-Density Polyethylene Market
14.1. UK Low-Density Polyethylene Market Overview
14.2. UK Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
15. Germany Low-Density Polyethylene Market
15.1. Germany Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
16. France Low-Density Polyethylene Market
16.3. France Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
17. Eastern Europe Low-Density Polyethylene Market
17.1. Eastern Europe Low-Density Polyethylene Market Overview
17.2. Eastern Europe Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
18. Russia Low-Density Polyethylene Market
18.1. Russia Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
19. North America Low-Density Polyethylene Market
19.1. North America Low-Density Polyethylene Market Overview
19.2. North America Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
20. USA Low-Density Polyethylene Market
20.1. USA Low-Density Polyethylene Market Overview
20.2. USA Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
21. South America Low-Density Polyethylene Market
21.1. South America Low-Density Polyethylene Market Overview
21.2. South America Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
22. Brazil Low-Density Polyethylene Market
22.1. Brazil Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
23. Middle East Low-Density Polyethylene Market
23.1. Middle East Low-Density Polyethylene Market Overview
23.2. Middle East Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
24. Africa Low-Density Polyethylene Market
24.1. Africa Low-Density Polyethylene Market Overview
24.2. Africa Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
25. Low-Density Polyethylene Market Competitive Landscape And Company Profiles
25.1. Low-Density Polyethylene Market Competitive Landscape
25.2. Low-Density Polyethylene Market Company Profiles
25.2.1. Formosa Plastics Corporation
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.3. Strategy
25.2.1.4. Financial Performance
25.2.2. Dow Chemical Company
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.3. Strategy
25.2.2.4. Financial Performance
25.2.3. BASF SE
25.2.3.1. Overview
25.2.3.2. Products and Services
25.2.3.3. Strategy
25.2.3.4. Financial Performance
25.2.4. Chevron Phillips Chemical Company
25.2.4.1. Overview
25.2.4.2. Products and Services
25.2.4.3. Strategy
25.2.4.4. Financial Performance
25.2.5. DuPont de Nemours
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.3. Strategy
25.2.5.4. Financial Performance
26. Key Mergers And Acquisitions In The Low-Density Polyethylene Market
27. Low-Density Polyethylene Market Trends And Strategies
28. Low-Density Polyethylene Market Future Outlook and Potential Analysis
29. Appendix
29.1. Abbreviations
29.2. Currencies
29.3. Research Inquiries
29.4. The Business Research Company
29.5. Copyright And Disclaimer
List of Figure
Figure 1: Global Historic Market Growth, 2015-2019, USD Billion
Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 3: Global Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 4: Global Low-Density Polyethylene Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 5: Global Low-Density Polyethylene Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 6: Asia-Pacific, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 7: China, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 8: India, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 9: Japan, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 10: Australia, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 11: Indonesia, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 12: South Korea, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 13: Western Europe, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 14: UK, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 15: Germany, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 16: France, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 17: Eastern Europe, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 18: Russia, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 19: North America, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 20: USA, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 21: South America, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 22: Brazil, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 23: Middle East, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 24: Africa, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 25: Formosa Plastics Corporation Financial Performance
Figure 26: Dow Chemical Company Financial Performance
Figure 27: BASF SE Financial Performance
Figure 28: Chevron Phillips Chemical Company Financial Performance
Figure 29: DuPont de Nemours Financial Performance
List of Table
Table 1: Global Historic Market Growth, 2015-2019, USD Billion
Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 3: Global Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 4: Global Low-Density Polyethylene Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 5: Global Low-Density Polyethylene Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 6: Asia-Pacific, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 7: China, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 8: India, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 9: Japan, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 10: Australia, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 11: Indonesia, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 12: South Korea, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 13: Western Europe, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 14: UK, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 15: Germany, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 16: France, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 17: Eastern Europe, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 18: Russia, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 19: North America, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 20: USA, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 21: South America, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 22: Brazil, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 23: Middle East, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 24: Africa, Low-Density Polyethylene Market, Segmentation By End Use Industry , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 25: Formosa Plastics Corporation Financial Performance
Table 26: Dow Chemical Company Financial Performance
Table 27: BASF SE Financial Performance
Table 28: Chevron Phillips Chemical Company Financial Performance
Table 29: DuPont de Nemours Financial Performance
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