Title: Low Density Polyethylene Market - Forecast(2022 - 2027)
1Low Density Polyethylene Market - Forecast(2022 -
2027)
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- Low-Density Polyethylene Market size is forecast
to reach US54.8 billion by 2026, after growing
at a CAGR of 4.8 during 2021-2026. - Low-density polyethylene (LDPE) is
a thermoplastic resin that is manufactured at a
high pressure ranging from 0.910g/cc to 0.940g/cc
resulting in low tensile strength but with high
ductility. - The growing demand for low-density polyethylene
(LCPs) in the construction, packaging, and
automotive industry is expected to be the key
growth driver during the forecast period. It is
non-toxic, non-contaminating, and resistant
against impact, moisture, chemicals, tear, and
stress crack
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- Key Takeaways from this Report
- The Asia Pacific dominates the Low-Density
Polyethylene Market owing to a rapid increase in
the building and construction sector. For
instance, according to Invest India, the Indian
construction industry is anticipated to witness a
CAGR of 15.7 to touch US738.5 billion by 2022. - The market drivers and restraints have been
assessed to understand their impact over the
forecast period.
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- By Distribution Channel- Segment Analysis
- The packaging segment held the largest share in
the low-density polyethylene Market in 2020 up to
35 and is expected to grow significantly during
the forecast period. The packaging market is
growing as low-density polyethylene is rapidly
endorsing its trade in food and beverage
packaging as well as construction. The Indian
packaging sector has witnessed considerable
growth largely due to increased globalization of
trade in goods and services and the emergence of
new trade models, such as e-commerce and
organized retailing.
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- Low Density Polyethylene Market Industry Outlook
- Exxon Mobil
- Dow Chemical Company
- LyondellBasell
- Reliance Industries Ltd.
- The National Petrochemical Company
- The China Petroleum and Chemical Corporation
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Low Density Polyethylene Market - Forecast(2022
- 2027) Learn More About the Report _at_
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
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