March 25, 2019 13:20 ET | Source: Report and Data Report and Data
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The growing demand for packaged food and the government's strict policy on transparent packaging are expected to drive market growth.
Market size-51.63 billion U.S. dollars in 2018, market growth-compound annual growth rate of 3.7%, market trend-fiber optic market research continues to grow.
New York, March 25, 2019 (GLOBE NEWSWIRE) - According to a new report from Reports and Data, by 2026, the global LDPE film market is expected to reach 69.48 billion U.S. dollars. Low density polyethylene film has a low specific gravity and is an ideal choice for the flexible packaging industry. It has moisture resistance, which makes it suitable for the automotive and electronic industries. Due to the low cost and environmentally friendly characteristics of linear low density polyethylene (LLDPE) films, increased demand for linear low density polyethylene (LLDPE) films may hinder market growth.
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It is estimated that the Asia-Pacific region will lead the market because there are many companies applying LDPE films. The growing demand for food delivery and plastic bottles in the Asia-Pacific region has made a significant contribution. With the growth of manufacturing output, the application of a large number of food and beverage packaging industries in the region has accelerated. The growth in demand for automobiles and construction will further increase the application of LDPE films.
The further main findings of the report indicate
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For the purpose of this report, the report and data segment the global LDPE film market based on packaging type, thickness, manufacturing process, end-use industry, application, form, and region:
Packaging type outlook (revenue, millions of dollars; 2018-2026)
Thickness outlook (revenue, millions of dollars; 2018-2026)
Manufacturing process outlook (revenue, millions of dollars; 2018-2026)
End-use industry outlook (revenue, millions of dollars; 2018-2026)
Application Outlook (Revenue, USD million; 2018-2026)
Tabular outlook (revenue, millions of dollars; 2018-2026)
Regional Outlook (Revenue, USD million; 2018-2026)
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