Promising growth potential of Asia-Pacific region to stimulate growth of LDPE

The world LDPE market stands enthused by the promising growth potential of Asia-Pacific. North America, a developed and mature market, is expected to hit a plateau in terms of growth as per a report by BizAcumen LLC. Gearing up for the anticipated increase in demand, manufacturers in Middle East, Asia and South America are expanding their production capacities. Large capacity additions are planned in major facilities in China and the Middle East in the near future. Strong demand for medical film is expected to drive volume consumption patterns. Linear low- density polyethylene (LLDPE) is also expected to offer strong growth potential encouraged largely by technically superior second-generation products.
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