Global consumption of LLDPE forecast to rise by 4%-4.5% annually through 2017, largely due to higher demand from packaging, construction industries, market analyst says; Asia to lead demand growth as North American, European markets are saturated
January 26, 2012
– The LLDPE demand on the global market is moving steadily forward – its growth is driven largely by the developing LLDPE industries in the countries of Asia-Pacific and Eastern Europe. Insightful review of the LLDPE market stands in focus of the new market research report “Polyethylene Linear Low Density (LLDPE) 2012 World Market Outlook and Forecast up to 2017” recently published by Merchant Research & Consulting Ltd.
The polyethylene linear low density (LLDPE) demand on the global market is moving steadily forward – its growth is driven largely by the developing LLDPE industries in the countries of Asia-Pacific and Eastern Europe. The application share of LLDPE that belongs to the Asian region makes up approximately 42% and is forecast to lead the demand, while the mature markets of North America and Europe experience rather limited LLDPE demand increase and they are reported to have reached the market saturation levels. Therefore LLDPE capacity additions are restricted on these markets.
The global consumption volume of LLDPE is projected to increase by 4-4.5% annually through 2017. Large input in the demand rise belongs to the packaging and construction industries. Moreover lucrative capacity additions scheduled for the developing markets are sure to further drive the LLDPE industry growth.
Insightful review of the LLDPE market stands in focus of the new market research report “Polyethylene Linear Low Density (LLDPE) 2012 World Market Outlook and Forecast up to 2017”. The report covers an analysis of the LLDPE market from the global, regional and country-wise perspective. It covers a wide time span to present the market development in the past, present and future up to 2017.
The data examined in the report embraces most factual statistics on the LLDPE production and consumption volumes, trade dynamics and prices during various periods. Key marketers are profiled and the competitive landscape is reviewed. Market projections indicate future trends and developments in the LLDPE industry, opportunities and challenges, future volumes and prices.