Linear Low Density Polyethylene Market – Outline
Some of the key drivers for the global linear low density polyethylene market include rising applications across various end use industries such as automotive, household products, agriculture, and packaging, as well as excellent mechanical qualities of the products in the global linear low density polyethylene market such as high impact resistance and high tensile strength. Enhanced tensile properties make products in the global linear low density polyethylene market ideal in the production of films. Products in the global linear low density polyethylene market are also used in the production of various building and construction materials as well as rigid packaging materials.
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Rising demand for ready to eat or packaged food products, especially in various emerging economies is anticipated to emerge as the key driver for the global linear low density polyethylene market. Furthermore, rising usage of products in the global linear low density polyethylene market to reduce soil erosion as well as for protection from ultraviolet rays is also expected to fuel the demand in the global linear low density polyethylene market in coming years. However, strict regulations pertaining to restricted usage of non-biodegradable plastics may hamper the growth in the global linear low density polyethylene market in coming years.
On the other hand, increasing usage of the products in the global linear low density polyethylene market in building and construction industry as moisture barriers under concrete structures may positively influence the demand dynamics in the global linear low density polyethylene market in coming years. Furthermore, surging demand in the consumer electronics as well as personal care products industries is also motivating the global linear low density polyethylene market for effective packaging solutions in the next few years.
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The global linear low density polyethylene market is expected to witness slow recovery in the second half of 2021. The market witnessed a slump in revenue and sales as the COVID-19 pandemic broke out. Several governments issued strict lockdowns and travel restrictions that affected the manufacturing processes. This led to stopping of production processes and logistical operation, hampering market growth. However, with the gradual opening of the global economy, the automotive refinish coatings market is expected witness staggered recovery in the coming months.
Global interest for LLDPE (Linear Low Density Polyethylene) is required to observe considerable development inferable from its boundless use in different end use industries, for example, horticulture, car, packaging and household items. LLDPE has better mechanical properties including high elasticity and effect resistance when contrasted with other polyethylene subordinates. Prevalent tractable properties of LLDPE make them generally appropriate in the creation of films. LLDPE films are generally used in applications where adaptability and extension are most significant factors, for example, geo-layer liners, perilous waste liners, emulating, channel linings and packaging industry. Packaging films accounted the greater part the global linear low-density polyethylene market volume share. The second biggest application section as far as volume bags and sacks. Different applications incorporate rigid packaging and building and development materials. Unique packaging film is relied upon to be the quickest developing section over the figure period because of developing retail and packaging industry across the globe.
Asia Pacific is likely to be the fastest growing market over the forecast period owing to the growth of the packaging sector. Mature markets such as Europe and North America are expected to witness sluggish growth owing to shift in manufacturing units to China, South Korea, Brazil, Singapore and India. Middle East and Latin America are also expected to have strong growth prospects due to the surge in electronics and personal care industry in the region.
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Linear Low-density Polyethylene Market – Snapshot
Linear low-density polyethylene is manufactured from polyethylene. It has unique rheological or melt-flow properties. In 1960, DuPont Canada started the first production line for commercial production of linear low-density polyethylene. LLDPE is less shear sensitive than HDPE and LDPE, due to its narrower molecular weight distribution and shorter chain branching. During the shearing process, LLDPE remains more viscous and, therefore, it is harder to process than LDPE of an equivalent melt index. Rheological properties of LLDPE can be summarized as ‘soft in extension’ and ‘stiff in shear’. Linear low-density polyethylene is widely used in the manufacture of plastic bags and sheets, plastic wraps, stretch wraps, pouches, toys, covers, lids, pipelines, buckets and containers, covering of cables, and flexible tubing.
Based on process type, the global linear low-density polyethylene market has been segmented into gas phase, solution phase, and slurry loop. Gas phase is the dominant process type segment of the global market. It is anticipated to expand at a rapid pace during the forecast period. The gas phase process has several advantages such as it has low initial installation costs, low temperature, and low reaction time.
Based on application, the global linear low-density polyethylene market has been segmented into rotomolding, films, injection molding, and others (including metal coating, extrusion, and masterbatches). The films segment accounted for a dominant share of the global market in 2017. The segment is estimated to expand rapidly during the forecast period. The primary factor driving the films segment is high demand for LLDPE films from the flexible food packaging industry. LLDPE films are also used in the construction industry as water barriers, as these films contain some percentage of organophilic layered double hydroxides that have optimal thermal and water vapor barrier properties.
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