Linear Low - Density Polyethylene Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Production Process (Solution Process, Slurry Process, Gas Phase Process), Application (Films, Roto Molding, Injection Molding, and Others), By End-User Industry (Agriculture, Electrical & Electronics, Packaging, Construction, and Others), By Region, and Competition

  • Industry : Chemicals
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Summary

Report Description

Global Linear Low-Density Polyethylene Market is projected to grow at an impressive CAGR during the forecast period due to the increasing demand from Food & Beverages Industry. Total revenue in the Food & Drink segment is projected to reach USD 0.67 billion in 2022.

Linear low-density polyethylene is considered an effective alternative among other grades of Polyethylene in the packaging industry today owing to its higher bearing strength, tensile strength, puncture endurance capacity, and material elongation. Growth rates for 2020 were significantly affected by COVID-19 broadly for the Packaging and Construction Industry. Following a demand slump in 2020, Packaging Industry, as well as Construction Industry, has continued steady growth in 2021, triggering the development of the Global Linear Low-Density Polyethylene Market during the estimated and forecast period.

Growing Demand for Films in Food & Beverage Industry

The food industry utilizes Linear Low-Density Polyethylene primarily for packaging purposes. It can hold goods without releasing dangerous chemicals. It is commonly used to preserve food which ensures quality & safety for an individual. Increased Demand for Linear Low-Density Polyethylene is witnessed across various fields of Application due to its distinct properties like High Tensile Strength that assists manufacturers in producing high-quality films used in the Food & Beverage Industry. According to the European Commission, “The E.U. boasts an important trade surplus in food and E.U. food specialties are well appreciated overseas. In the last ten years, E.U. food and drink exports have doubled, reaching over €90 Billion and contributing to a positive balance of almost €30 Billion”. Additionally, the changing living standards are resulting in increased food and beverage consumption, essentially driving the Linear Low-Density Polyethylene Market.

Rapid Growth in the E-Commerce Industry

The E-Commerce Packaging Industry has attracted significant consumer traction recently due to growing digitalization and evolving consumer lifestyle. This has been attributed to the rise in the consumption of LLDPE packaging material driving the growth of the Global Linear Low-Density Polyethylene Market during the forecast period. As per the data released by IAB (Interactive Advertising Bureau) Europe, “Retail Media in Europe is already an USD8.5 billion market and growing double-digit despite economic headwinds,” which is indicative of growth during the forecast period.

Recent Trends and Developments

Mitsui Chemicals aims to achieve carbon neutrality by 2050. In light of that, it has signed an MoU (Memorandum of Understanding) with a Singapore-based company Shell Eastern Petroleum (Pte) Ltd, to attain adequate production and supply of ethylene derived from solid wastes such as plastics. A subsidiary of Mitsui Chemicals, i.e., Prime Polymer Co., Ltd., shall commence production operations of chemically recycled Polyethylene of different types like Linear Low-Density Polyethylene.

Adopting Newer Technologies will help the industry efficiently manage production costs and supply chain ease. For instance, Hanwha Solutions has augmented Luptech T high-pressure Polyethylene Process Technology licensed by LyondellBasell Industries Holdings B.V. to expand their production capacity of multiple grades of HDPE, MDPE, LLDPE, etc.


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Market Segmentation

Global Linear Low-Density Polyethylene Market is segmented based on Production Process, Application, End-User Industry, and Regional distribution. Based on the Production Process, the market is segmented into Solution Process, Slurry Process, and Gas Phase Process, By Application, the market is further segmented into Films, Roto Molding, Injection Molding, and Others. Based on the End-User Industry, the market is segmented into Agriculture, Electrical & Electronics, Packaging, Construction, and Others. The market analysis also studies the regional segmentation divided among the North American, European, Asia-Pacific, South American, and Middle East & African regions.

Market Players

Saudi Basic Industries Corporation, LyondellBasell Industries Holdings B.V., Exxon Mobil Corporation, Formosa Plastics Corporation, China Petrochemical Corporation, Chevron Phillips Chemical Company LLC, Reliance Industries Limited, The Dow Chemicals Company, Borealis AG, and Ducor Petrochemicals B.V. are some of the major market players in Global Linear Low-Density Polyethylene Market.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Million Tonnes, and CAGR for 2018-2022 and 2023-2028

Report Coverage

·         Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Production Process

·         Application

·         End-User Industry

Regional Scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country Scope

United States, Mexico, Canada, Belgium, Germany, Netherlands, France, United Kingdom, China, South Korea, India, Japan, Australia, Brazil, Colombia, Argentina, South Africa, Saudi Arabia, UAE, Kuwait, Turkey

Key Companies Profiled

Saudi Basic Industries Corporation, LyondellBasell Industries Holdings B.V., Exxon Mobil Corporation, Formosa Plastics Corporation, China Petrochemical Corporation, Chevron Phillips Chemical Company LLC, Reliance Industries Limited, The Dow Chemicals Company, Borealis AG, Ducor Petrochemicals B.V.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

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Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)


Report Scope:

In this report, Global Linear Low-Density Polyethylene Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Linear Low-Density Polyethylene, By Production Process:

o   Solution Process

o   Slurry Process

o   Gas-Phase Process

·         Linear Low-Density Polyethylene, By Application:

    • Films
    • Roto Molding
    • Injection Molding
    • Others

·         Linear Low-Density Polyethylene, By End-User Industry:

    • Agriculture
    • Electrical & Electronics
    • Packaging
    • Construction
    • Others

·         Linear Low-Density Polyethylene, By Region:

    • North America
    • Europe
      • Belgium
      • Germany
      • Netherlands
      • France
      • United Kingdom
    • Asia-Pacific
      • China
      • South Korea
      • India
      • Japan
      • Australia
    • South America
      • Brazil
      • Colombia
      • Argentina
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Kuwait
      • Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Linear Low-Density Polyethylene Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Linear Low-Density Polyethylene Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value & Volume

5.2.  Market Share & Forecast

5.2.1.    By Production Process (Solution Process, Slurry Process, Gas Phase Process)

5.2.2.    By Application (Films, Roto Molding, Injection Molding, and Others)

5.2.3.    By End-User Industry (Agriculture, Electrical & Electronics, Packaging, Construction, and Others)

5.2.4.    By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

5.2.5.    By Company (2022)

5.3.  Market Map

5.3.1.    By Production Process

5.3.2.    By Application

5.3.3.    By End-User Industry

5.3.4.    By Region

6.    North America Linear Low-Density Polyethylene Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value & Volume

6.2.  Market Share & Forecast

6.2.1.    By Production Process

6.2.2.    By Application

6.2.3.    By End-User Industry

6.2.4.    By Country

6.3.  Pricing Analysis

6.4.  North America: Country Analysis

6.4.1.    United States Linear Low-Density Polyethylene Market Outlook

6.4.1.1.        Market Size & Forecast

6.4.1.1.1.           By Value & Volume

6.4.1.2.        Market Share & Forecast

6.4.1.2.1.           By Production Process

6.4.1.2.2.           By Application

6.4.1.2.3.           By End-User Industry

6.4.2.    Mexico Linear Low-Density Polyethylene Market Outlook

6.4.2.1.        Market Size & Forecast

6.4.2.1.1.           By Value & Volume

6.4.2.2.        Market Share & Forecast

6.4.2.2.1.           By Production Process

6.4.2.2.2.           By Application

6.4.2.2.3.           By End-User Industry

6.4.3.    Canada Linear Low-Density Polyethylene Market Outlook

6.4.3.1.        Market Size & Forecast

6.4.3.1.1.           By Value & Volume

6.4.3.2.        Market Share & Forecast

6.4.3.2.1.           By Production Process

6.4.3.2.2.           By Application

6.4.3.2.3.           By End-User Industry

7.    Europe Linear Low-Density Polyethylene Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value & Volume

7.2.  Market Share & Forecast

7.2.1.    By Production Process

7.2.2.    By Application

7.2.3.    By End-User Industry

7.2.4.    By Country

7.3.  Pricing Analysis

7.4.  Europe: Country Analysis

7.4.1.    Belgium Linear Low-Density Polyethylene Market Outlook

7.4.1.1.        Market Size & Forecast

7.4.1.1.1.           By Value & Volume

7.4.1.2.        Market Share & Forecast

7.4.1.2.1.           By Production Process

7.4.1.2.2.           By Application

7.4.1.2.3.           By End-User Industry

7.4.2.    Germany Linear Low-Density Polyethylene Market Outlook

7.4.2.1.        Market Size & Forecast

7.4.2.1.1.           By Value & Volume

7.4.2.2.        Market Share & Forecast

7.4.2.2.1.           By Production Process

7.4.2.2.2.           By Application

7.4.2.2.3.           By End-User Industry

7.4.3.    Netherlands Linear Low-Density Polyethylene Market Outlook

7.4.3.1.        Market Size & Forecast

7.4.3.1.1.           By Value & Volume

7.4.3.2.        Market Share & Forecast

7.4.3.2.1.           By Production Process

7.4.3.2.2.           By Application

7.4.3.2.3.           By End-User Industry

7.4.4.    France Linear Low-Density Polyethylene Market Outlook

7.4.4.1.        Market Size & Forecast

7.4.4.1.1.           By Value & Volume

7.4.4.2.        Market Share & Forecast

7.4.4.2.1.           By Production Process

7.4.4.2.2.           By Application

7.4.4.2.3.           By End-User Industry

7.4.5.    United Kingdom Linear Low-Density Polyethylene Market Outlook

7.4.5.1.        Market Size & Forecast

7.4.5.1.1.           By Value & Volume

7.4.5.2.        Market Share & Forecast

7.4.5.2.1.           By Production Process

7.4.5.2.2.           By Application

7.4.5.2.3.           By End-User Industry

8.    Asia-Pacific Linear Low-Density Polyethylene Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value & Volume

8.2.  Market Share & Forecast

8.2.1.    By Production Process

8.2.2.    By Application

8.2.3.    By End-User Industry

8.2.4.    By Country

8.3.  Pricing Analysis

8.4.  Asia-Pacific: Country Analysis

8.4.1.    China Linear Low-Density Polyethylene Market Outlook

8.4.1.1.        Market Size & Forecast

8.4.1.1.1.           By Value & Volume

8.4.1.2.        Market Share & Forecast

8.4.1.2.1.           By Production Process

8.4.1.2.2.           By Application

8.4.1.2.3.           By End-User Industry

8.4.2.    South Korea Linear Low-Density Polyethylene Market Outlook

8.4.2.1.        Market Size & Forecast

8.4.2.1.1.           By Value & Volume

8.4.2.2.        Market Share & Forecast

8.4.2.2.1.           By Production Process

8.4.2.2.2.           By Application

8.4.2.2.3.           By End-User Industry

8.4.3.    India Linear Low-Density Polyethylene Market Outlook

8.4.3.1.        Market Size & Forecast

8.4.3.1.1.           By Value & Volume

8.4.3.2.        Market Share & Forecast

8.4.3.2.1.           By Production Process

8.4.3.2.2.           By Application

8.4.3.2.3.           By End-User Industry

8.4.4.    Japan Linear Low-Density Polyethylene Market Outlook

8.4.4.1.        Market Size & Forecast

8.4.4.1.1.           By Value & Volume

8.4.4.2.        Market Share & Forecast

8.4.4.2.1.           By Production Process

8.4.4.2.2.           By Application

8.4.4.2.3.           By End-User Industry

8.4.5.    Australia Linear Low-Density Polyethylene Market Outlook

8.4.5.1.        Market Size & Forecast

8.4.5.1.1.           By Value & Volume

8.4.5.2.        Market Share & Forecast

8.4.5.2.1.           By Production Process

8.4.5.2.2.           By Application

8.4.5.2.3.           By End-User Industry

9.    South America Linear Low-Density Polyethylene Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value & Volume

9.2.  Market Share & Forecast

9.2.1.    By Production Process

9.2.2.    By Application

9.2.3.    By End-User Industry

9.2.4.    By Country

9.3.  Pricing Analysis

9.4.  South America: Country Analysis

9.4.1.    Brazil Linear Low-Density Polyethylene Market Outlook

9.4.1.1.        Market Size & Forecast

9.4.1.1.1.           By Value & Volume

9.4.1.2.        Market Share & Forecast

9.4.1.2.1.           By Production Process

9.4.1.2.2.           By Application

9.4.1.2.3.           By End-User Industry

9.4.2.    Colombia Linear Low-Density Polyethylene Market Outlook

9.4.2.1.        Market Size & Forecast

9.4.2.1.1.           By Value & Volume

9.4.2.2.        Market Share & Forecast

9.4.2.2.1.           By Production Process

9.4.2.2.2.           By Application

9.4.2.2.3.           By End-User Industry

9.4.3.    Argentina Linear Low-Density Polyethylene Market Outlook

9.4.3.1.        Market Size & Forecast

9.4.3.1.1.           By Value & Volume

9.4.3.2.        Market Share & Forecast

9.4.3.2.1.           By Production Process

9.4.3.2.2.           By Application

9.4.3.2.3.           By End-User Industry

10. Middle East and Africa Linear Low-Density Polyethylene Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value & Volume

10.2.             Market Share & Forecast

10.2.1. By Production Process

10.2.2. By Application

10.2.3. By End-User Industry

10.2.4. By Country

10.3.             Pricing Analysis

10.4.             MEA: Country Analysis

10.4.1. South Africa Linear Low-Density Polyethylene Market Outlook

10.4.1.1.     Market Size & Forecast

10.4.1.1.1.         By Value & Volume

10.4.1.2.     Market Share & Forecast

10.4.1.2.1.         By Production Process

10.4.1.2.2.         By Application

10.4.1.2.3.         By End-User Industry

10.4.2. Saudi Arabia Linear Low-Density Polyethylene Market Outlook

10.4.2.1.     Market Size & Forecast

10.4.2.1.1.         By Value & Volume

10.4.2.2.     Market Share & Forecast

10.4.2.2.1.         By Production Process

10.4.2.2.2.         By Application

10.4.2.2.3.         By End-User Industry

10.4.3. UAE Linear Low-Density Polyethylene Market Outlook

10.4.3.1.     Market Size & Forecast

10.4.3.1.1.         By Value & Volume

10.4.3.2.     Market Share & Forecast

10.4.3.2.1.         By Production Process

10.4.3.2.2.         By Application

10.4.3.2.3.         By End-User Industry

10.4.4. Kuwait Linear Low-Density Polyethylene Market Outlook

10.4.4.1.     Market Size & Forecast

10.4.4.1.1.         By Value & Volume

10.4.4.2.     Market Share & Forecast

10.4.4.2.1.         By Production Process

10.4.4.2.2.         By Application

10.4.4.2.3.         By End-User Industry

10.4.5. Turkey Linear Low-Density Polyethylene Market Outlook

10.4.5.1.     Market Size & Forecast

10.4.5.1.1.         By Value & Volume

10.4.5.2.     Market Share & Forecast

10.4.5.2.1.         By Production Process

10.4.5.2.2.         By Application

10.4.5.2.3.         By End-User Industry

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Market Trends & Developments

12.1.             Recent Developments

12.2.             Product Launches

12.3.             Mergers & Acquisitions

13. Global Linear Low-Density Polyethylene Market: SWOT Analysis

14. Porter’s Five Forces Analysis

14.1.             Competition in the Industry

14.2.             Potential of New Entrants

14.3.             Power of Suppliers

14.4.             Power of Customers

14.5.             Threat of Substitute Products

15. Competitive Landscape

15.1.             Business Overview

15.2.             Product Offerings

15.3.             Recent Developments

15.4.             Financials (In Case of Listed Companies)

15.5.             Key Personnel

15.6.             SWOT Analysis

15.6.1. Saudi Basic Industries Corporation

15.6.2. LyondellBasell Industries Holdings B.V.

15.6.3. Exxon Mobil Corporation

15.6.4. Formosa Plastics Corporation

15.6.5. China Petrochemical Corporation

15.6.6. Chevron Phillips Chemical Company LLC

15.6.7. Reliance Industries Limited

15.6.8. The Dow Chemicals Company

15.6.9. Borealis AG

15.6.10.              Ducor Petrochemicals B.V.

16.  Strategic Recommendations

Figures and Tables

Frequently asked questions

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Growing Demand for films in Food & Beverage Industry & Rapid Growth in the E-Commerce Industry are the major factors driving the growth of Global Linear Low-Density Polyethylene Market.

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Market Entry for Polyethylene Substitutes and Strict Regulations & Banning of Plastics is inhibiting the growth of Global Linear Low-Density Polyethylene Market.

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Global Linear Low-Density Polyethylene Market is broadly categorized into three segments i.e., Production Process, Application, and End-User Industry.

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Saudi Basic Industries Corporation, LyondellBasell Industries Holdings B.V., Exxon Mobil Corporation, Formosa Plastics Corporation, China Petrochemical Corporation, Chevron Phillips Chemical Company LLC, Reliance Industries Limited, The Dow Chemicals Company, Borealis AG, and Ducor Petrochemicals B.V. are one of the major market players operating in Global Linear Low-Density Polyethylene Market.

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