The Future of Low density Polyethylene (LDPE), Market Forecasts and Growth Trends to 2020

Since the global demand for LDPE is approaching aare growing at higher rates than the global GDP
stage of maturity, the growth will not be as strong asgrowth rates. The key LDPE-consuming industries are
in the past. No significant new applications of LDPE arealso growing in these regions. The packaging sector is
expected to be introduced into the market. Theset to grow continuously in the forecast period in these
industries in most of the developed economies will becountries supported by the growth in the retail industry.
slowly recovering from the economic downturn. TheWith the rise in consumption, the durables industry is
global LDPE demand in 2009 was close to 18.4 millionalso set to grow. The construction and electrical
Metric Tonnes (MT). The global demand for LDPE isindustries will also follow the industrial growth trends.
expected to grow at a CAGR of around 2% fromThe Middle East is growing rapidly in terms of the
2009 to 2020.capacity and production of petrochemicals. With the
The demand for LDPE is highest in Asia. China isrise in oil prices in the last decade Middle Eastern
emerging as the major demand driver for LDPE in thecountries such as Saudi Arabia and Iran have grown
world. The demand in advanced countries such asrapidly. With this, the demand for petrochemicals and
Japan is also high but is stable. India and China haveplastics in these countries is also rising strongly.
considerable consumption potential because of theirThe LDPE plants across the world use different
large populations. The Asian demand by volume fortechnologies for production. LyondellBasell (Lupotech)
LDPE in 2009 was 5.9 million MT.technology is the most used technology by LDPE
Europe is the second largest consumer of LDPE in theplants globally. A close second is the Univation (Unipol)
world. Germany and France consume the most LPDPtechnology which is also used a lot for the production
in Europe, but the demand in these countries is alsoof LDPE worldwide. The third most used technology is
stable. Growth in the European LDPE demand is beingthe Exxon Mobil technology for LDPE production.
driven by the UK and Spain. The demand for LDPE inGBI Research's new report, "The Future of Low
Europe was around 4.6 million MT in the year 2009.density Polyethylene (LDPE), Market Forecasts and
The North American economy is the most developedGrowth Trends to 2020 – Packaging Applications
and advanced and has the least scope for growth.Driving Demand Globally", provides an in-depth analysis
Hence, the demand in the North American region is flat.of the global low density polyethylene (LDPE) industry.
The North American demand for LDPE in 2009 wasThe research presents detailed analysis and forecasts
close to 3.4 million MT. LDPE demand in the Middleof the major economic and market trends affecting
East is growing faster with the rapidly growingthe LDPE markets in major regions of the world. The
capacity and production in this region. The demand inreport contains demand, production analysis and
the Middle East by volume was about 1.3 million MT inforecasts, drivers and restraints, end use analysis and
2009. The LDPE market in South and Central Americaforecasts, and a market share analysis of the major
is exhibiting slow growth with Brazil leading theproducers in the major regions of the world. In addition,
demand. The demand for LDPE by volume wasit includes demand and production forecasts for the
nearly 1.1 million MT in South and Central America in themajor countries in all geographies. The report also
year 2009.contains historical and forecast price trends for all the
For more information please click or add the below linkregions. Overall, the report presents a comprehensive
to your browser:analysis of the global LDPE market covering all the
The GDPs of countries such as China and India in Asiamajor parameters.