Linear low-density polyethylene (LLDPE) is one of the most widely used polyethylenes in the world. LLDPE suppliers need to meet the demand for LLDPE, which will presumably achieve the highest percentage increases until 2026, with rates of 3.0% per year. An increase in demand for packaging materials and plastic products’ availability at affordable rates is the main reason for the LLDPE market’s growth.
The highest application segment of the LLDPE market is the film segment. The rising demand for LLDPE films from the packaging sector has led to the growth of the LLDPE market in film applications.
Top LLDPE suppliers (exporters) by country
According to trade statistics of 107 countries, the U.N.’s International trade statistics have reported that in 2017, a total of $25 Billion was exported. Saudi Arabia, with 14.8% of the worldwide LLDPE exports (1.68% of Saudi Arabia’s total exports), is the largest LLDPE supplier in the world, followed by Belgium, with 9.47%.
The top 10 LLDPE suppliers are listed below:
- Saudi Arabia – 14.8% of the world exports ($3.73 billion)
- Belgium – 9.47% ($2.37 billion)
- USA – 8.47% ($2.12 billion)
- Iran – 6.57% ($1.64 billion)
- Germany – 6.29% ($1.57 billion)
- Singapore – 5.81% ($1.45 billion)
- Netherlands – 5.59% ($1.4 billion)
- Korea – 4.69% ($1.17 billion)
- France – 3.42% ($857 million)
- Thailand – 3.12% ($783 million)
Top LLDPE Suppliers/Manufacturers by country:
Saudi Arabia
- Sabic
- Petro Rabigh
- Middle East Plastic Industries
- Tahbib Plastic Company
Belgium:
- Ultrapolymers Group NV
- Ravago
- Avient (formerly Polyone Belgium S.A.)
The USA:
- Exxon Mobil
- The Dow Chemical Company
- Westlake Chemical
- Chevron Phillips Chemical Company LLC
- MMC chemicals
largest LLDPE importers by country
External trade statistics of 153 countries show that in 2017, the world imports of LLDPE exceeded $27 billion, with China being the largest importer with 10.9% of the world imports ($3.02 billion).
Pacific Asian countries, especially China, are expected to lead the LLDPE market during the forecast period, both in terms of value and volume.
The top 10 LLDPE importers are as followed:
- China – 10.9% of the world imports ($3.02 billion)
- Germany – 6.46% ($1.78 billion)
- Belgium – 5.02% ($1.38 billion)
- Italy – 4.29% ($1.18 billion)
- India – 4.1% ($1.13 billion)
- Turkey – 3.89% ($1.07 billion)
- Singapore – 3.5% ($966 million)
- France – 3.43% ($946 million)
- Vietnam – 3.31% ($914 million)
- Poland – 2.82% ($778 million)
LLDPE Trade Flow
According to statistics provided by the major exporters, the most extensive flows of exports of LLDPE in 2017 were as followed:
- Belgium to Germany: (31%of the world exports, $578 million)
- Canada to the USA: (74%of the world exports, $436 million)
- Iran to China: (62%of the world exports, $1.16 billion)
- Korea to China: (82%of the world exports, $458 million)
- The Netherlands to Germany: (52%of the world exports, $383 million)
- Saudi Arabia to China: (46%of the world exports, $365 million)
- Saudi Arabia to Singapore: (92%of the world exports, $733 million)
- Singapore to China: (19%of the world exports, $548 million)
- The USA to Canada: (65%of the world exports, $415 million)
- The USA to Mexico: (12%of the world exports, $532 million)
+Sources:
researchandmarkets.com
trendeconomy.com
comtrade.un.org