Driven by market demand, the prosperity of the low-density polyethylene (LDPE) industry continues to increase
Low-density polyethylene (LDPE), also known as high-pressure polyethylene and high-pressure low-density polyethylene, is the lightest polyethylene resin. Low-density polyethylene has a milky white granular appearance and no special smell. It has the advantages of good chemical stability, good electrical insulation, easy processing, and high/low temperature resistance. It is widely used in daily chemicals, food, wires and cables, household appliances, automobiles, etc. It is widely used in medical devices and other fields.
The main polymerization methods of low-density polyethylene include low-pressure method and high-pressure method. The low-pressure method needs to be carried out in a fluidized bed reactor, using ethylene as the raw material, which is compressed under the action of an initiator to form a polymerization reaction, and then goes through processes such as separation, melting, drying, and packaging to obtain low-density polyethylene; the high-pressure method is different from the low-pressure method. The production process of the method is roughly the same. After high-pressure compression operation, the finished product is obtained. This method is suitable for the process of preparing high-performance low-density polyethylene.
According to the “2023-2028 China Low Density Polyethylene (LDPE) Industry Market In-depth Research and Development Prospects Forecast Report》 shows that from the perspective of product segments, linear low-density polyethylene (LLDP) is the mainstream low-density polyethylene product and is called the third generation polyethylene. Linear low-density polyethylene has properties such as puncture resistance, tear strength, heat resistance, and low temperature resistance, and has a wide range of applications. Benefiting from national policy support and improvements in production technology, my country’s linear low-density polyethylene production capacity continues to be released. In 2022, my country’s linear low-density polyethylene production capacity will reach 22.127 million tons, a year-on-year increase of 59.3%. With the rapid development of market segments, the prosperity of the low-density polyethylene industry continues to increase.
Low density polyethylene has a wide range of applications. In the field of daily chemicals, low-density polyethylene can be used to package cosmetics, washing powder, detergents, etc.; in the field of medical equipment, low-density polyethylene can be used to produce medical plastics and is widely used in intravenous injection containers, medical packaging and other products. ; In the automotive field, low-density polyethylene can be used to produce automobile bumpers, decorative panels, instrument panels, water tanks, etc.
In the global market, LG Chem of South Korea, DOW Chemical of the United States, Exxon Mobil of the United States, and Chevron Phillips of the United States are leading low-density polyethylene companies. In recent years, with the rapid development of the packaging industry, my country’s low-density polyethylene market demand has become increasingly strong, driving the number of production companies to continue to grow.
Suzhou Fujime Plastic Co., Ltd., Foshan Fo Plastic Technology Group Co., Ltd., Huangshan Yongxin Co., Ltd., Zhuhai Zhongfu Industrial Co., Ltd., etc. are major participants in my country’s low-density polyethylene market. Industry analysts said that with the rapid development of my country’s low-density polyethylene industry, its market competition is becoming increasingly fierce. As a thermoplastic polymer, low-density polyethylene is widely used in many fields. Driven by market demand, the industry’s prosperity continues to increase.