Title: Low Density Polyethylene Market - Forecast (2022 - 2027)
1Low Density Polyethylene MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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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
- 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. - The report further identifies the key
opportunities for growth while also detailing the
key challenges and possible threats. -
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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
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_ https//www.industryarc.com/Report/160
57/low-density-polyethylene-market.html
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- Data Tables
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