- The key vendors in the global LDPE market 2015-2019 are BASF, Dow Chemical, ExxonMobil, LyondellBasell, SABIC and Sinopec
London, 24 July 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global LDPE market 2015-2019. The growing world economy has fueled acceleration in consumer spending and manufacturing activity. Still, LDPE continues to be the most widely used plastic resin in the world. LDPE is benefiting from its low cost, recyclability, versatility, and ease of processing. The global LDPE market is expected to grow at a CAGR of 1.41% based on revenue during the forecast period of 2014-2019.
“Owing to the expected rapid increase in consumption, global LDPE manufacturers have started making plans to increase their LDPE capacities to cater to it,” says Faisal Ghaus, Vice President of Technavio Research.
“With the low cost of raw materials and labor in these regions resulting in reduced operating costs, this increase in capacity will favor the growth of the LDPE market.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
