Market study: Polyethylene LDPE
Polyethylenes are the most commonly industrially produced plastics. A new Ceresana study covers the global market for low-density polyethylene, i.e. polyethylene with a density of between 0.91 to 0.94 g/cm³, usually referred to as LDPE. LDPE is mainly used for packaging products. Global revenues generated with LDPE amounted to almost US$33 billion in 2013 and the market research institute Ceresana expects sales to increase by 1.5% p.a. until 2021. LDPE output in Western Europe is likely to fall due to the closure of production sites and an absence of capacity increases. In most other regions, however, LDPE production is expected to increase rapidly as a result of various capacity expansions.
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