세계의 저밀도 폴리에틸렌(LDPE) 시장(2024-2031년)

Global Low-Density Polyethylene Market Size, Share & Trends Analysis Report by technology (Autoclave, Roving, and Tubular), by Application (Film & Sheets, Extrusion Coating, Injection Molding and Others), and by End-User (Agriculture, Electrical and Electronics, Packaging, Construction and Other Industries) Forecast Period (2024-2031)

The 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 is produced under high pressure and has a tensile strength that ranges from 0.910g/cc to 0.940g/cc. The primary market drivers boosting market expansion include 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 agriculture.

Rising demand from the e-commerce sector for flexible packaging

The rising need for flexible packaging options due to the 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 will 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 molding and others.
• Based on end-users, 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 roving is widely used in fields including corrosion prevention and pipelining. 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 sheet have 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 American 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 the LDPE market in North America.

Asia-Pacific Holds Major Market Share

The presence of economic raw materials and labor across the emerging economies of the region such as India and China are 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 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

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 an Italian producer of recycled LDPE Polimero S.r.l. Polimero S.r.l uses a mechanical process to convert plastic scrap into resin for commercial and industrial applications.

Table of Contents

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 Molding
  • 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.S
• 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