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Latin America Low-Density Polyethylene (LDPE) Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Latin America Low-Density Polyethylene (LDPE) Market is Segmented by Product Type (Blow Molded, Sheets and Films, Injection Molded, Extrusion Coating, and other Product types), End-user Industry (Agriculture, Automotive, Electrical and Electronics, Packaging, Construction, Healthcare, and Other End-user Industries), and Geography (Brazil, Mexico, Argentina, and Rest of Latin America). The report offers market size and forecasts for the Latin America Low-density Polyethylene (LDPE) in volume (kilotons) for all the above segments.

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Latin America LDPE Market Size

Latin America LDPE Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 4.00 %
Market Concentration High

Major Players

Latin America LDPE Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Latin America LDPE Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Latin America LDPE Market Analysis

The Latin America Low-density polyethylene (LDPE) market is expected to register a CAGR of over 4% during the forecast period.

  • Increasing demand for low-density polyethylene (LDPE) from the packaging end-user segment is expected to drive market growth over the forecast period.
  • Growth in the adoption of electric vehicles is likely to act as an opportunity for the low-density polyethylene (LDPE) market in Latin America.
  • On the other hand, government regulations on the use of plastic and the rapid growth of biodegradable bags are hindering its market expansion.

Latin America LDPE Market Trends

Rising Demand for Low-Density Polyethylene (LDPE) from Packaging Industry

  • The use of low-density polyethylene (LDPE) in the packaging industry for making bottles, tubing, surgical bags, and plastic bags is increasing its demand, thereby promoting the growth of the low-density polyethylene (LDPE) market in Latin America.
  • Low-density polyethylene is used in the packaging industry due to its properties such as low chemical resistance, low density, good flexibility, optimal temperature resistance, and transparency over other plastic polymers.
  • Generally, low-density polyethylene is used for the packaging of foods due to its less chemical resistance property, which helps to keep food products at a temperature up to 100 degrees Celsius without emitting harmful chemicals.
  • In May 2021, Amcor introduced recycled plastic packaging for powder chocolates in Latin America, reducing carbon emissions by 52% and water consumption by 80% after recycling. This innovation changes the plastics industry and may offer more growth opportunities for LDPE.
  • Therefore, considering the abovementioned factors, the demand for the low-density polyethylene (LDPE) market is expected to rise significantly in the packaging application segment shortly.
Low-Density Polyethylene (LDPE) Market, Volume CAGR (%), by End-user Industry, Latin America, 2022-2027

Brazil is Expected to Hold Significant Market Share

  • Brazil is expected to dominate the market for low-density polyethylene (LDPE) in Latin America during the forecast period owing to the demand from major end-user industries such as agriculture, automotive, electrical and electronics, packaging, construction, healthcare, and others.
  • Low-density polyethylene (LDPE) is an insulating substance used in the electrical and electronic industries. Brazil has the greatest market share in Latin America's electrical and electronic industry, which further results in the growing usage of low-density polyethylene (LDPE).
  • Brazil's food and beverage industry generated revenue of 920 billion Brazilian reals (BRL) in 2021 and 788 billion Brazilian reals (BRL) in 2020, which is expected to grow in the future. According to this growth rate, the food and beverage industry in Latin America consumes the most LDPE packaging plastics in Brazil, witnessing the highest growth rate within the country.
  • In Brazil, over 91,000 supermarkets (POPs) are visited by over 28 million consumers daily. In addition, by 2025, retail sales of the Brazilian processed food market are expected to reach USD 117.5 billion, growing at a rate of 32.5%. Therefore, the use of low-density polyethylene (LDPE) in food packaging will also grow in the future within the country.
  • Agriculture is an important industry in Brazil, as this country has immense agricultural resources available to it. The country's agricultural production has grown rapidly over the past two decades, driven by rising global demand, high prices, and technological advances.
  • Brazil has traditionally been one of the strongest farming countries to build its economy. In Brazil, about 41% of the total land is covered by agriculture. It has an entire land area of 2.1 billion acres, and nearly 867.4 million acres in Brazil are consumed by agriculture. LDPE is used in agriculture for mulching, greenhouse, walk-in tunnel, and other applications, thus expansion of the agricultural segment in the country is expected to benefit the growth of the LDPE market.
  • All aforementioned factors are likely to fuel the growth of the low-density polyethylene (LDPE) market in Brazil over the forecast period.
Low-Density Polyethylene (LDPE) Market, Volume CAGR (%), by Region, 2022-2027

Latin America LDPE Industry Overview

The Latin America low-density polyethylene (LDPE) market is consolidated in nature. Some of the major players in the market include Braskem S.A., Borealis AG, Exxon Mobil Corporation, Dow International, and INEOS, among others.

Latin America LDPE Market Leaders

  1. Braskem S.A.

  2. Borealis AG

  3. Dow

  4. Exxon Mobil Corporation

  5. INEOS

*Disclaimer: Major Players sorted in no particular order

Latin America LDPE Market Concentration
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Latin America LDPE Market News

  • In October 2022, Braskem announced that it would increase its plastic production capacity in Brazil from 200 thousand tons per year to 250 thousand tons per year by increasing its involvement in the production of renewable plastics. It is expected to reach one million tons per year by 2030. This expansion will meet the region's low-density polyethylene (LDPE) demand.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

      1. 4.1.1 Implementation of Government Regulations on Shifting to Lightweight Plastic for Reducing Vehicle Emission

      2. 4.1.2 Other Drivers

    2. 4.2 Market Restraints

      1. 4.2.1 Availability of Substitutes

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION (In terms of volume)

    1. 5.1 Product Type

      1. 5.1.1 Blow Molded

      2. 5.1.2 Sheets and Films

      3. 5.1.3 Injection Molded

      4. 5.1.4 Extrusion Coating

      5. 5.1.5 Other Product Types

    2. 5.2 End-user Industry

      1. 5.2.1 Agriculture

      2. 5.2.2 Automotive

      3. 5.2.3 Electrical and Electronics

      4. 5.2.4 Packaging

      5. 5.2.5 Construction

      6. 5.2.6 Healthcare

      7. 5.2.7 Other End User Industries

    3. 5.3 Geography

      1. 5.3.1 Brazil

      2. 5.3.2 Mexico

      3. 5.3.3 Argentina

      4. 5.3.4 Rest of Latin America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share(%)**/Rank Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 ALPA Group

      2. 6.4.2 Borealis AG

      3. 6.4.3 Braskem SA

      4. 6.4.4 Chevron Phillips Chemical Company

      5. 6.4.5 Dow

      6. 6.4.6 Exxon Mobil Corporation

      7. 6.4.7 INEOS

      8. 6.4.8 LyondellBasell Industries Holdings BV

      9. 6.4.9 Mitsui Chemicals Inc.

      10. 6.4.10 Osterman

      11. 6.4.11 SABIC

      12. 6.4.12 Sasol

    5. *List Not Exhaustive

    6. 6.5 MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
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Latin America LDPE Industry Segmentation

Low-density polyethylene (LDPE) is a common thermoplastic polymer made from ethylene monomer. It has superior chemical resistance, which increases its durability compared to other plastic types. In addition, it is flexible and has adequate tensile strength, so it can withstand more stretch before breaking. The low-density polyethylene market is segmented by product type, end-user industry, and geography. By product type, the market is segmented into blow-molded sheets and films, injection molding, extrusion coating, and other product types. By end-user industry, the market is segmented into agriculture, automotive, electrical and electronics, packaging, construction, healthcare, and other end-user industries. By geography, the market is segmented into Brazil, Mexico, Argentina, and the rest of Latin America. For each segment, the market sizing and forecasts have been done based on volume (kilotons).

Product Type
Blow Molded
Sheets and Films
Injection Molded
Extrusion Coating
Other Product Types
End-user Industry
Agriculture
Automotive
Electrical and Electronics
Packaging
Construction
Healthcare
Other End User Industries
Geography
Brazil
Mexico
Argentina
Rest of Latin America
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Frequently Asked Questions

The Latin America LDPE Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)

Braskem S.A. , Borealis AG, Dow, Exxon Mobil Corporation and INEOS are the major companies operating in the Latin America LDPE Market.

The report covers the Latin America LDPE Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Latin America LDPE Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Latin America LDPE Industry Report

Statistics for the 2024 Latin America LDPE market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Latin America LDPE analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Latin America LDPE Market Report Snapshots

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Latin America Low-Density Polyethylene (LDPE) Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)