The development trend of the LDPE film industry is improving as the upstream and downstream industry chains continue to benefit.
LDPE film is low-density polyethylene film, which refers to a thermoplastic film that is blown into shape after polymerizing ethylene through a polymerization process. At present, LDPE film production methods mainly include blow molding and tape casting. Among them, the blow molding method has the characteristics of low cost and mature production technology, and is the mainstream method for preparing LDPE films in the market. The process uses LDPE resin as raw material, which is melted and plasticized by the extruder, stretched by the traction roller, and cooled and shaped. The process of preparing LDPE film.
Currently, against the backdrop of the continuous maturation of relevant technologies and the continuous upgrading of related equipment, my country’s LDPE resin production capacity is constantly increasing. In 2022, domestic LDPE production capacity has reached 27.634 million tons, a year-on-year increase of 12.1%. LDPE resin is a key raw material for the production of LDPE films. The continuous improvement of its production capacity has laid a good foundation for the development of the domestic LDPE film industry.
LDPE film has the characteristics of non-toxic, odorless, flexible, transparent and soft texture, as well as good chemical stability, high tear resistance, strong moisture resistance, good heat sealability, strong drought resistance and good air permeability. It is mainly used in food , pharmaceuticals, daily chemicals, construction, automobiles, electronics, agriculture, optical fiber cables, metal products and other fields for packaging and laminating films. LDPE film has become the most widely used and most used product in the current plastic film market.
Currently, against the background of the rapid development of the national economy and the continuous upgrading of national consumption levels, the application field of LDPE film continues to develop, which in turn drives its demand to continue to grow. According to the “China LDPE Film Industry Market Monitoring and Future Development Prospects Research Report 2023-2027” released by the Industrial Research Center, my country’s LDPE film market size is in a steady growth trend. It is expected that its market size will continue to grow at a compound annual growth rate of 5.2% from 2023 to 2027, and the industry will maintain a steady operating trend.
In the global LDPE film market, ExxonMobil, Dow Chemical, Reliance Industries, AEP Industries, Borealis AG, Lyondellbasell, NOVA Chemicals, etc. are the leading companies in the market. In recent years, with the rapid development of the domestic food and beverage industry, the market demand for LDPE films has become increasingly strong, driving the number of production companies to continue to increase. The main companies include Yanshan Petrochemical, Qilu Petrochemical, Daqing Petrochemical, Lanzhou Chemical, Fo Plastic Technology, Yongxin Co., Ltd., etc. , market competition is becoming increasingly fierce.
Industry analysts said that LDPE film is currently the most widely used and highly demanded plastic film product on the market. At the same time, in recent years, with the continuous upgrading of relevant production processes and the rapid development of food, automobiles, cables and other fields, the scale of my country’s LDPE film production and sales is continuously expanding, and the industry is showing a steady operation trend. With the continuous development of the upstream and downstream of the industrial chain, my country has become the world’s major producer and consumer of LDPE film, and the industry development trend is improving.