Low-density Polyethylene (LDPE) Market - Growth, Trends, COVID-19 Impact, and Forecasts ((2022 - 2027)

The Low-density Polyethylene (LDPE) Market is segmented by Product Type (Blow Molded, Films, Injection Molded, Sheets, and Other Product Types), End-user Industry (Agriculture, Electrical and Electronics, Packaging, Construction, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report offers market size and forecasts for Low-density Polyethylene (LDPE) in kilotons for all the above segments.

Market Snapshot

Low-Density Polyethylene LDPE Market Size
Study Period: 2017-2027
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: >3 %
Low-Density Polyethylene LDPE Market Key Players

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The low-density polyethylene (LDPE) market was valued at over 22 million tons in 2021, and the market is projected to register a CAGR of over 3% during the forecast period (2022-2027).

Due to the impact of COVID-19, growth rates for 2020 were severely affected. However, the market was in the recovery phase in the year 2021. The construction and packaging industries are among the major end-user industries of low-density polyethylene. Due to contractual obligations, resource availability, deliverables, health and safety measures, and project delays or cancellations created by the pandemic, the construction industry was affected badly. Due to hygiene and safety concerns, the packaging industry has seen a surge thereby increasing the demand for the LDPE market in the year 2021. With the renewal of many construction projects and an increase in the demand for flexible packaging healthcare products, and e-commerce transportation there is an increase in the consumption of low-density polyethylene.

  • Over the medium term, the major factors driving the growth of the market studied are the rise in demand from packaging and surging demand for film and sheets.
  • On the flip side, the substitution of other polyethylene products and the banning of plastics reduces the market growth during the forecast period.
  • The Asia-Pacific region is expected to dominate the market and is also likely to witness the highest CAGR during the forecast period.

Scope of the Report

Low-density polyethylene (LDPE) is a thermoplastic polymer and is a class of polymers derived primarily from petrochemical feedstock. It can withstand continuous temperatures of 80 ° C and 90 ° C (194 ° F) for a short period of time. It is quite versatile and tough and is produced in translucent or opaque variations. The low-density polyethylene market is segmented by product type, end-user industry, and geography. By product type, the market is segmented into blow molded, films, injection molded, sheets, and other product types. By end-user industry, the market is segmented into agriculture, electrical and electronics, packaging, construction, and other end-user industries. The report also covers the market size and forecasts for the low-density polyethylene (LDPE) market in 15 countries across major regions. For each segment, the market sizing and forecast have been done on the basis of volume (kiloton) and revenue (USD million).

Product Type
Blow Molded
Injection Molded
Other Product Types
End-user Industry
Electrical and Electronics
Other End-user Industries
South Korea
Rest of Asia-Pacific
North America
United States
United Kingdom
Rest of Europe
South America
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Rise in Demand from the Packaging Industry

  • Low-density polyethylene is being used in the packaging industry because of its properties of chemical resistance, flexibility, softness, etc.
  • Low-density polyethylene is majorly used in the food industry for packaging applications. It can hold products without emitting harmful chemicals. Owing to less moisture content, it is used in the storage of food items.
  • Following a dip in 2020, the global packaging industry has resumed steady growth in 2021, as Covid-19 affected numerous end-use sectors.
  • Linear low-density polyethylene is considered to be an alternative in the packaging industry today due to its higher impact strength, tensile strength, puncture resistance, and elongation.
  • Packaging is the largest application of LDPE. China, USA, Japan, India, Germany are amongst the top countries with the fastest growth rate in the packaging industry across the world.
  • Plastics and packaging made from renewable resources like biomass are likely to hinder the market in the coming future.
  • All the aforementioned factors are expected to significantly impact the demand for the LDPE from the packaging industry during the forecast period.
Low-Density Polyethylene LDPE Market Trends

Asia-Pacific Region to Dominate the Market

  • The worldwide packaging business is evolving and expanding at a rapid pace, and the Indian packaging sector is no exception. Factors such as rising pharmaceutical, food processing, manufacturing, FMCG, healthcare sector, and auxiliary in emerging nations such as China, India, Brazil, Russia, and a few other East European countries are driving this rise.
  • Industries in Asia-Pacific, such as food and beverages, electrical and electronics, packaging, and construction, are propelling the market growth.
  • According to Packaging Industry association of India, Packaging is the 5th largest sector of India's economy, the industry has reported steady growth over past several years and shows high potential for much expansion, particularly in the export market.
  • Food processing and packaging costs in India may be up to 40% lower than in Europe, which, when paired with India's trained labour pool, makes it an appealing investment destination. Almost all user sectors with significant growth potential, such as processed foods, hard and soft beverages, fruit, and marine goods, have a lot of opportunity.
  • Due to all these factors, the market for low-density polyethylene is expected to have a high demand in the Asia-Pacific region during the forecast period.
Low-Density Polyethylene LDPE Market Growth

Competitive Landscape

The low-density polyethylene market is consolidated in nature. Some of the major players in the market include Exxon Mobil Corporation, LyondellBasell Industries Holdings BV, Dow, LG Chem, and Chevron Phillips Chemical Company, among others.

Recent Development

  • On November 30, 2020, Formosa Plastics USA began operations at Point Comfort, Texas, with a 400,000-ton-per-year low-density polyethylene (LDPE) factory.

Table of Contents


    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study




    1. 4.1 Drivers

      1. 4.1.1 Increasing Demand from the Packaging Industry

      2. 4.1.2 Surging Demand for Film and Sheets

    2. 4.2 Restraints

      1. 4.2.1 Substitution of Other Polyethylene Products

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition


    1. 5.1 Product Type

      1. 5.1.1 Blow Molded

      2. 5.1.2 Films

      3. 5.1.3 Injection Molded

      4. 5.1.4 Sheets

      5. 5.1.5 Other Product Types

    2. 5.2 End-user Industry

      1. 5.2.1 Agriculture

      2. 5.2.2 Electrical and Electronics

      3. 5.2.3 Packaging

      4. 5.2.4 Construction

      5. 5.2.5 Other End-user Industries

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. China

        2. India

        3. Japan

        4. South Korea

        5. Rest of Asia-Pacific

      2. 5.3.2 North America

        1. United States

        2. Canada

        3. Mexico

      3. 5.3.3 Europe

        1. Germany

        2. United Kingdom

        3. Italy

        4. France

        5. Rest of Europe

      4. 5.3.4 South America

        1. Brazil

        2. Argentina

        3. Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. Saudi Arabia

        2. South Africa

        3. Rest of Middle-East and Africa


    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share/Ranking Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Chevron Phillips Chemical Company

      2. 6.4.2 Dow

      3. 6.4.3 Exxon Mobil Corporation

      4. 6.4.4 Formosa Plastics Corporation

      5. 6.4.5 LG Chem

      6. 6.4.6 LyondellBasell Industries Holdings BV

      7. 6.4.7 National Petrochemical Company

      8. 6.4.8 NOVA Chemicals Corporate

      9. 6.4.9 PetroChina Company Limited

      10. 6.4.10 Reliance Industries Limited

      11. 6.4.11 Westlake Chemical Corporation

    5. *List Not Exhaustive

    1. 7.1 Increasing Demand for LDPE in the Pharmaceutical Industry

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Low-density Polyethylene (LDPE) Market market is studied from 2017 - 2027.

The Low-density Polyethylene (LDPE) Market is growing at a CAGR of >3% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2021.

Dow, Chevron Phillips Chemical Company , LyondellBasell Industries Holdings B.V , Exxon Mobil Corporation , LG Chem are the major companies operating in Low-density Polyethylene (LDPE) Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!