Recovery in Sight
LDPE prices fell by as much as 30 percent in certain regions during 2009, and Western Europe and North America exhibited considerable decreases in demand. Consequently, global revenue fell by 15.9 billion € (22.2 billion US$). However, Ceresana Research expects to see growth again starting in 2011. The Asia Pacific region in particular, already the largest consumer of LDPE, will see growth and increase its share of global consumption to more than 39 percent.
Upsurge in the Middle East
LDPE production is particularly being expanded in the oil-rich countries of the Middle East: Capacity increases of approximately 3.5 million tons are planned to take place by 2014. Accordingly, Saudi Arabia, Qatar, Iran, and the other countries that make up the region will be the world's largest plastic exporters.
A Useful Reference Work
The multi-client Market Study: Polyethylene - LDPE provides a concise overview of the most important information regarding this plastic on 870 pages: from manufacturing, to legal questions, to recycling. Then the LDPE market is closely analyzed- including prognoses until 2016: Individual data regarding production and capacities, consumption in individual application areas, as well as imports and exports is presented for the entire world, seven regions, and in detail for 67 countries. The study is particularly extensive in its analysis of the 12 countries with the highest revenues. Current and future LDPE manufacturers are introduced with 87 company profiles. The world's most comprehensive market report on LDPE is available in English or German from Ceresana Research: www.ceresana.com/en/market-studies/plastics/polyethylene-ldpe/
About Ceresana Research
Ceresana Research is one of the world's leading industrial market research institutions. Companies, institutions, and organizations from more than 40 countries already benefit from our global market data and well-founded prognoses. Our core competencies include: chemicals + plastics + additives + commodities + materials + industrial components + packaging + construction materials.