Home > Chemicals & Materials > Polymers > Industrial Polymers > Linear Low-Density Polyethylene (LLDPE) Market
Linear Low-Density Polyethylene Market size was above USD 37 billion in 2015 with gains at over 6% between 2016 and 2024. It has applications in various industries such as household products, packaging, automotive, and agriculture. Linear low-density polyethylene offers a wide spectrum of advantages than other polyethylene derivatives.
Linear low-density polyethylene is extensively used as films owing to its superior tensile properties. These films are used where elongation and flexibility are vital factors such as packaging industry, canal linings, miming, hazardous waste liners, and geo-membrane liners. LLDPE films are consumed widely in the food packaging sector as they are impact resistant and possess high tensile strength. Packed food & beverage consumption is increasing due to improved living standards of youth. Moreover, escalating adoption of ready-to-mix and ready-to-eat food packets has increased the linear low-density polyethylene market in the food packaging industry.
Report Attribute | Details |
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Base Year: | 2015 |
Linear Low-Density Polyethylene (LLDPE) Market Size in 2015: | 37 Billion (USD) |
Forecast Period: | 2016 to 2024 |
Forecast Period 2016 to 2024 CAGR: | 6% |
2024 Value Projection: | 60 Billion (USD) |
Historical Data for: | 2013 to 2015 |
No. of Pages: | 110 |
Tables, Charts & Figures: | 96 |
Segments covered: | Application and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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