Polyethylene is one of the best-selling standard plastics. Its consumption continues to increase despite all the debates about the environment. It is classified to different degrees according to its density and the branching of its polymer chains: LDPE, LLDPE and HDPE. According to a comprehensive analysis by Ceresana “Market Research” on the world market for low-density polyethylene (LDPE), this oldest grade of polyethylene, produced since 1939, is soft, strong and flexible. Therefore, LDPE is used for many consumer goods, such as caps and screw caps.

Asia, the region that consumes the most

The most popular applications today are films that are used to produce bags, packaging materials and cover films in agriculture, among others. This market study expects global LDPE revenues to grow by an average of 3.2% per year through 2026. One of the most dynamic growth markets is construction. With a share of around 41%, the Asia-Pacific region is by far the largest consumer of LDPE.

Plastic films, the main application

The most important sales market for LDPE in 2018 was the ‘Films for packaging’ application area with a demand of 5.74 million tons. In total, the packaging market represents 58% of the demand: packaging films, bags and rigid packaging. In terms of demand volumes, the “Construction” application area is expected to reach the highest percentage increase until 2026 with an average growth of 2.7% per year.

The transformation, dominated by extrusion

The most important method of transforming LDPE is extrusion. In 2018, over 13 million tons of LDPE were processed worldwide for film extrusion alone. The second place is occupied by the extrusion of tubes, profiles and cables. Ceresana analysts expect the global transformation in this area to achieve the largest percentage increase over the next eight years with growth of 2.5% annually.

Colombia

According to an article in Dinero magazine, the discussion of the new regulations has become a ring match, where, in addition to preserving environmental interests, those of consumers, businessmen and the government are at stake. Who will win?

Transparent accounts

The plastics industry is a supplier to other sectors such as industry, construction, infrastructure and agriculture. According to the Dane, it generates some 62,000 jobs through more than 2,000 establishments, some of them informal. It exports some US $ 2,000 million a year in plastic resins such as polypropylene, PVC, polyethylene and polystyrene, and manufactured plastic products.

In Colombia, the consumption of plastic resins is 1.2 million tons and the installed capacity is 1.3 million tons. 500,000 tons are produced in polypropylene; PVC about 482,000; of Pet about 55,000, of low-density polyethylene about 66,000 and in polystyrene about 110,000. Other resins make 55,000 tons and the unsaturated polyester resins are 60,000.

In short and medium term

The world market for low-density polyethylene is expected to continue to increase in the next 5 years. In 2020, despite the current health crisis, the market will grow at a constant rate and with the increasing adoption of strategies by key players, the market is expected to develop on the projected horizon.

The global growth of the Low Density Polyethylene market will provide a detailed coverage of the market that will include, not only the structure of the industry chain, but also its definitions, applications and classifications, which is why a SWOT analysis is essential to identify market segments. Keys to Low Density Polyethylene: have useful information about all the main trends in the Low Density Polyethylene market and exhaustive studies of all the segments and the leading regions in the market.

In short and medium term

The world market for low-density polyethylene is expected to continue to increase in the next 5 years. In 2020, despite the current health crisis, the market will grow at a constant rate and with the increasing adoption of strategies by key players, the market is expected to develop on the projected horizon.

The global growth of the Low Density Polyethylene market will provide a detailed coverage of the market that will include, not only the structure of the industry chain, but also its definitions, applications and classifications, which is why a SWOT analysis is essential to identify market segments. Keys to Low Density Polyethylene: have useful information about all the main trends in the Low Density Polyethylene market and exhaustive studies of all the segments and the leading regions in the market.

Study taken and retrieved from: Market Study. Polyethylene LDPE Market Report, Ceresana “Market Research, 2020” https://www.ceresana.com/