Reports and Data’s latest report is an exhaustive study of the global LDPE Films market and provides accurate market projections, besides key information on the current and future market trends. The LDPE Films industry analysis report highlights the leading products and services available in this market. Key aspects of the industry including forecast revenue share, sales & distribution, pricing structure, and production and consumption rates of each regional market have been discussed in the report. Furthermore, the report elaborates on the key aspects of the market such as import & export ratios, consumer bases, sales channels, and the most lucrative regional markets.
Asia Pacific is estimated to lead the market with the presence of many companies that has an application of LDPE films. APAC region has a major contribution with a growing demand for food delivery and plastics bottles on the rise. With accelerating, growth in the application of manufacturing outputs and a large number of food and beverage packaging industry in this region has contributed the growth. Growth in demand for automobile and construction will further increase LDPE films applications.
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Further key findings from the report suggest
- The preference of LDPE Films market has grown in recent years over the other films as it has a low specific gravity, high chemical, and electrical resistance.
- The material is resistant to moisture and hence is applicable in a whole new range of products like military uniforms, front glass of automotive, etc.
- By packaging, the LDPE films are used for packaging of a lot of products like Bags, container, pouches, tubes, and Bags and Containers are the two segments that have the maximum application.
- Bags are forecasted to occupy a market share of 27% by the year 2026 whereas the container segment is forecasted to occupy a market share of 22% by the year 2026.
- The lesser the thickness of the films, the more popular they are. Films with less than 50-micron thickness have a market share of 27% in the year 2018 and are forecasted to have a market share of 28% by the year 2026 with an annual growth rate of 4.2% in the forecasted period.
- The emergence of new buildings and the growth of infrastructure is pushing the market upwards. Building and construction segment has an annual growth rate of 4.6% in the forecasted year.
- The use of LDPE films in the agricultural sector is escalating the market. These films are used in greenhouses. They occupy a market share of 13% in the year 2018 and is forecasted to occupy a share of 14% in the year 2026.
- Personal care and cosmetics along with electrical and electronics have the highest growth rate of 4.9% in the forecasted period. Application of LDPE films to protect these respective products from moisture and utilization of films for packaging is also creating a surge in the market.
- APAC dominates the market with a share of 29% in the year 2018 and is forecasted to hold a share of 30%, with an annual growth rate of 4.1% in the year 2026.
- North America holds a market share of 22% in the year 2018 and is forecasted to grow to 24% by the year 2026.
- Europe has the highest annual growth rate of 5.6%, and with a market share of 19% in the year 2018, it is forecasted to hold 30% of the market by the year 2026.
- Key participants include Borealis AG, Blueridge Films, Inc., Westlake Chemicals, Manuli Stretch S.p.A., PT Panverta Cakrakencana, Sasol Limited, Toyobo Ltd., Bestfoyo Packaging Limited, Reliance Industries Limited, and Hoplee Packing Products Co. Ltd.
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For the purpose of this report, Reports and Data have segmented global LDPE Films market on the basis of packaging type, thickness, manufacturing process, end-use industry, application, forms, and region:
Packaging Type Outlook (Revenue, USD Million; 2018-2026)
- Bags
- Containers
- Pouches
- Tubes and Others
Thickness Outlook (Revenue, USD Million; 2018-2026)
- Less than 50 micron
- 50-100 micron
- 100-200 micron
- 200 micron and above
Manufacturing Process Outlook (Revenue, USD Million; 2018-2026)
- Blown Film Extrusion
- Cast Film Extrusion
- Others
End-Use Industry Outlook (Revenue, USD Million; 2018-2026)
- Food and Beverages
- Personal Care and Cosmetics
- Household
- Building and Construction
- Agriculture
- Automotive
- Electrical and Electronics
- Textiles
- Others
Application Outlook (Revenue, USD Million; 2018-2026)
- Packaging
- Overwrapping
- Lamination
Forms Outlook (Revenue, USD Million; 2018-2026)
- LDPE natural prime
- LDPE regranulated natural color
- LDPE regranulated colored or mixed material with various applications
- LDPE film blow molding, melft flow rate (MFI) 0,3-4
- LDPE pipe extrusion
- LDPE injection molding
- LDPE natural, blow molding
- LDPE recycled natural, mix colors
Regional Outlook (Revenue, USD Million; 2018-2026)
- North America
- U.S.
- Europe
- Germany
- UK
- Asia Pacific
- China
- India
- South-east Asia
- Latin America
- Brazil
- MEA
Frequently asked questions addressed in the report:
- What is the projected growth rate of the global LDPE Films market over the forecast period?
- What are the latest trending factors influencing market growth?
- What are the major factors driving the growth of the Global LDPE Films Market?
- What are the risks and challenges existing in the industry?
- What are the outcomes of the SWOT Analysis and Porter’s Five Forces Analysis conducted in the report?
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