Global LLDPE production to reach 29 mln tons in 2015

20-Mar-14
In 2015, in volume terms, the global LLDPE production is likely climb to 29 mln tons, as per Merchant Research & Consulting. In 2012, the world annual production capacity of polyethylene linear low density (LLDPE) totaled above 34.5 mln tons. APAC and North America dominated the market in this respect, accounting for around 57% of the world capacity. From 2008 to 2012, the global LLDPE production followed an upward trend; and in 2012, it recorded a 6.5% YoY increase and almost reached 25.9 mln tons. The US, Saudi Arabia, China, Brazil and Canada are the top five LLDPE manufacturers in the world. Construction and packaging industries are the major LLDPE end-use sectors. Asia accounted for approximately 44% of the global LLDPE consumption. Chevron Phillips Chemical Co, Dow, PetroChina, ExxonMobil Chemical, Nova Chemicals and Braskem SA are the top companies operating in the worldwide LLDPE market. The world LLDPE market is predicted to witness stable growth in the years ahead, owing to LLDPE capacity additions planned worldwide along with the constantly rising demand for the product.
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Large capacity chemical storage tanks

Large capacity chemical storage tanks