High-Density Polyethylene (HDPE) Market

Global High-Density Polyethylene (HDPE) Market to be Driven by the Increasing Demand for Packaging Solutions in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, Global High-Density Polyethylene (HDPE) Market Share Report and Forecast 2021-2026’, gives an in-depth analysis of the global high-density polyethylene (HDPE) market, assessing the market based on its segments like applications, feedstocks, manufacturing processes, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/high-density-polyethylene-hdpe-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 70.7 billion
  • Forecast CAGR (2021-2026): 4%
  • Forecast Market Size (2026): USD 89.5 billion

The global HDPE market is being driven by the increasing demand for packaging solutions. HDPE is being widely used in the manufacturing of films that are used to secure goods in warehouses. Moreover, food packaging will have a risen demand because of the need of extending the shelf life of edible products.

In addition to this, HDPE is being used in both types of packaging, flexible as well as rigid. Thus, the rapid growth of the global e-commerce industry is expected to enhance the demand for packaging materials, thus, contributing to the HDPE industry growth. Over the forecast period, the increasing demand for efficient piping solutions in construction industry is expected to further propel the market growth.

Industry Definition and Major Segments

High-Density Polyethylene is a thermoplastic polymer that is obtained through the monomer ethylene. It is also referred to as “polythene” or “alkathene”. HDPE is popular for its high strength-to-density ratio. It possesses high specific strength, is hard, decently opaque and can withstand high temperatures.

It can survive in many different solvents. All these properties cause HDPE to have application as a raw material in many industries like plastic bottles, pipes, ropes, disposable suits, chairs, toys, etc.

Read Full Report with Table of Contents –https://www.expertmarketresearch.com/reports/high-density-polyethylene-hdpe-market

On the basis of application, the market is divided into:

  • Film and Sheet
  • Injection Moulding
  • Blow Moulding
  • Pipe and Profile
  • Wire and Cables
  • Others

By feedstock, the industry can be segmented into:

  • Naphtha
  • Natural Gas
  • Others

The different manufacturing processes of high-density polyethylene are:

  • Gas Phase
  • Slurry Process
  • Solution Process
  • Others

The major regional markets include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

The rising awareness regarding the harmful effects of single-use plastics globally is expected to aid the high-density polyethylene industry growth in the forecast period. There has been a rise in efforts by various public and private organisations to spread awareness regarding the same, which is resulting in increased demand for thermoplastics that can be recycled.

Thermoplastics play a very important role in the functioning of numerous industries and are utilised to manufacture various products ranging from everyday essentials to packaging materials and film and sheet. Therefore, a suitable substitute to these plastics is required. And that role is being played by HDPE, which is renowned for its ease of recyclability. Thus, this is anticipated to be a key market driver for the HDPE industry.

Key Market Players

The major players in the market are INEOS Group, LyondellBasell Industries NV, Exxon Mobil Corporation, The Dow Chemical Company, Braskem SA, Formosa Plastics Corporation, and Reliance Industries Limited, among others.

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Related Reports:

Wireless Sensor Network Market: https://www.expertmarketresearch.com/reports/bulk-food-ingredients-market

Brine Concentration Technology Market: https://www.expertmarketresearch.com/reports/brine-concentration-technology-market

Breathalysers Market: https://www.expertmarketresearch.com/reports/breathalysers-market

Lithium-Ion Battery Market: https://www.expertmarketresearch.com/articles/top-lithium-ion-battery-companies

CMOS X-Ray Detectors Market: https://www.expertmarketresearch.com/reports/cmos-x-ray-detectors-market

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact

Company Name: Claight Corporation
Contact Person: Adam Lee, Business Consultant
Email: [email protected]
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *