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Global LDPE Industry - Facing Strong Competition from LLDPE
GlobalData, Sep 2011, Pages: 6
Global LDPE Industry - Facing Strong Competition from LLDPE
Summary
Low Density Polyethylene (LDPE) is the first grade of polyethylene developed in 1935. It has a density in the range of 0.910 g/cc to 0.940 g/cc, resulting in low tensile strength and increased ductility. It has high levels of chemical and electric resistance. LDPE also has high levels of clarity compared to other plastics such as High Density Polyethylene (HDPE), Linear Low Density Polyethylene (LLDPE) and Polyvinyl Chloride (PVC). This makes it preferable for use as film applications in food packaging, which requires high transparency and moderate strength.
The major sectors that consume LDPE are packaging, construction and automotive, accounting for 80% of the global LDPE demand in 2010. LLDPE is gradually replacing LDPE in many applications due to its lower cost and higher strength but LDPE is still used widely in extrusion coating because of its ease of processing. Demand for LDPE is growing at a slow pace with a compound annual growth rate (CAGR) of 2.5% in the period 2000-2010. The growth of LDPE demand can be attributed solely to the Chinese market which is the largest consumer of LDPE and accounted for 32% of the demand in 2010.
Scope
- Analyses the demand and production scenario of Low Density Polyethylene (LDPE) industry - Analyses the end use segments driving LDPE demand
Reasons to buy
- Understand the drivers for LDPE market - Formulate strategies based on the current trends in the industry
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