Transparency Market Research has released a new market report titled “Linear Low-density Polyethylene (LLDPE) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 – 2023.” According to the report, the global LLDPE market
 was valued at US$ 35,464.8 Mn in 2014 and is anticipated to reach US$
59,815 Mn in 2023, expanding at a CAGR of 6.0% between 2015 and 2023.

Linear low-density polyethylene (LLDPE)
is a linear polymer (polyethylene) with considerable amount of short
branches. It is commonly produced by copolymerization of ethylene with
higher alpha-olefins such as butene, hexane, and octane. Solution
polymerization and gas-phase polymerization are two primary techniques
used in the manufacture of LLDPE. LLDPE is widely used in applications
such as films, injection molding, rotomolding, wires and cables, sheets,
 and pipes and conduits. These are used in end-user industries such as
packaging, agriculture, construction, automotive, houseware, marine, and
 toys.

Films was the largest application segment
 of the LLDPE market, accounting for over 70% share in 2014.
Additionally, it is expected to be the fastest-growing application
segment, expanding at a CAGR of approximately 6% between 2015 and 2023.
Extensive range of LLDPE resins is utilized in blown and cast film
applications that require high impact and tear and puncture resistance.
LLDPE is widely used in the manufacture of agricultural films, stretch
films, heavy-duty sacks, lamination, personal care film, freezer film,
heavy-duty bags, and overwrap.

Request to view Sample Report:

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5927

Rapid growth in the flexible packaging
industry is anticipated to drive demand for LLDPE in the films segment.
Application products such as houseware, lids, large industrial
containers, caps, pails, crates, sealant cartridges, and mobile garbage
bins are manufactured by injection molding of LLDPE, whereas water tanks
 (including small water tanks to large agricultural tanks), canoes,
small boats, marine floats and traffic barriers, luggage, furniture
parts, and toys are produced by the process of rotomolding of LLDPE.
Demand for LLDPE in processes such as injection molding and rotomolding
is estimated to increase at a decent rate in the next few years. Other
applications of LLDPE include wires and cables, sheets, and pipes and
conduits. Demand for these products is also estimated to rise
considerably during the forecast period.