4/12/2023 0 Comments Artrage 5.Most of these products are made by processing low density polyethylene (LDPE) through injection and extrusion moulding, e.g., pipes, trays, general purpose containers, toys and various bathroom, and kitchen products. With new construction projects coming up everywhere, the market demand for basic household products is also expected to rise. High usage of low density polyethylene is seen in the construction industry. ![]() ![]() High Demand for LDPE from Construction and Retail Industries With the automotive industry expanding at a high growth rate, more demand for low density polyethylene is expected in the future. ![]() The global low density polyethylene market is likely to be valued at ~US$ 38,183.7 Mn in 2019 and is projected to increase at a CAGR of ~5% during the projected period of 2019-2029.Īs per the key findings of the report, the low density polyethylene market is expected to witness considerable growth in the coming years due to the steady increase in the adoption of low density polyethylene in various automotive applications such as electrical components, upholstery, liquid reservoirs, etc.īesides, stringent government regulations regarding reducing vehicular emissions are forcing manufacturers to shift towards lightweight plastics for various applications. Future Market Insights (FMI) recently published a revised market research report on the low density polyethylene (LDPE) that analyzes the low density polyethylene market and provides critical insights for the forecast period of 2019-2029.
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