Research and Markets: Global Low Density Polyethylene Market by Application (Food Packaging, Pharmaceutical Packaging, Consumer Goods Packaging, Industrial Packaging, Agriculture, Construction, Medical) – Analysis & Forecast to 2019
June 25, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/xbbk87/global_low) has announced the addition of the “Global Low Density Polyethylene (LDPE) Market by Application and by Geography – Analysis & Forecast to 2019” report to their offering.
The global LDPE market in terms of value is projected to reach $22,488.0 million by 2019, from $18,694.0 million in 2014, at a CAGR of 3.8% from 2014 to 2019.
The use of LDPE in food packaging is a strong driver for this market. Food grade LDPE bags are highly effective in storing the food products with great care and save them from spoilage due to any reason. To maintain the freshness and quality of packaging food products, which are stored or transported, these products are packed in the LDPE bags that help them to keep control on moisture, odor, and mold that may spoil the items. Because of this reason, LDPE is extensively used in food packaging applications. The growing food packaging industries are a prime driver for the LDPE demand, globally.
The growing demand from the manufacturing food packaging, and automotive industries are driving the global LDPE market. However, the fluctuation in crude oil prices, and the replacement of LDPE by more cost-efficient LLDPE, among others, may restrain the growth of the global LDPE market in the coming years.
Based on applications, the LDPE market has been segmented into food packaging, pharmaceuticals packaging, consumer goods packaging, industrial packaging, agriculture, construction, medical, other packaging, and others non-packaging. The food packaging segment held the largest market of around 45% in 2014. This segment would continue to dominate the market in the coming years. The growing manufacturing industries and food packaging industries are some of the major drivers for the growth of the LDPE market.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Market Overview
5 Low Density Polyethylene Market, By Application
6 Low Density Polyethylene Market, By Geography
7 Low Density Polyethylene Market: Competitive Landscape
8 Low Density Polyethylene Market, By Company
– AEP Industries Inc.
– Amcor Limited
– Bemis Company
– Berry Plastic Group Inc.
– Exxonmobil Chemical
– Jindal Polyfilms Limited
– Ineos Olefins and Polymers
– Sealed Air Corporation
– Saudi Basic Industries Corporation
-Toyobo Co. Ltd
For more information visit http://www.researchandmarkets.com/research/xbbk87/global_low
View source version on businesswire.com: http://www.businesswire.com/news/home/20150625005880/en/
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