What is the degree of competition in the global high density polyethylene market?.What is the structure of the global high density polyethylene market and who are the key players?.What are the key driving factors and challenges in the global high density polyethylene market?.What are the various stages in the value chain of the global high density polyethylene market?.What are the major application segments in the global high density polyethylene industry?.What are the major feedstocks in the global high density polyethylene industry?.What are the major manufacturing processes in the global high density polyethylene industry?.What are the key regional markets in the global high density polyethylene industry?.What has been the impact of COVID-19 on the global high density polyethylene industry?.How has the global high density polyethylene market performed so far and how will it perform in the coming years?.PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) Our report has categorized the market based on feedstock, application and manufacturing process.įeedstock, Application, Manufacturing Process, RegionĪsia Pacific, Europe, North America, Latin America, Middle East and AfricaĬhevron Phillips Chemical Company, Dynalab Corp., The Dow Chemical Company, Exxon Mobil Corporation, LyondellBasell Industries N.V., INEOS AG, Saudi Basic Industries Corporation (SABIC), SINOPEC Beijing Yanshan Company, PetroChina Company Ltd., Braskem, Reliance Industries Ltd., Formosa Plastics Corporation, Daelim Industrial Co. IMARC Group provides an analysis of the key trends in each sub-segment of the global high density polyethylene (HDPE) market, along with forecasts at the global and regional level from 2022-2027. This, in confluence with the rising global population, is fueling the growth of the market. Apart from this, pipes made from HDPE are used in the construction industry around the world for residential plumbing purposes. This, coupled with the growing on-the-go food consumption, rising number of online food delivery platforms and the certification of HDPE as a food-grade polymer, is strengthening the market growth. Moreover, there is a rise in the employment of HDPE in the food and beverage (F&B) sector on account of its increasing usage in the production of various products, such as bottle caps, food storage containers, and bags. For instance, it is widely utilized in the packaging industry across the globe due to rapid urbanization, boosting sales of smart devices, increasing internet penetration and the thriving e-commerce sector. HDPE finds extensive application in numerous industries on account of its low moisture absorption and chemical and corrosion resistance. To get more information about this market, Request Sample High Density Polyethylene (HDPE) Market Trends: ![]() As it also leaks no harmful chemicals into the soil or water, its sales are increasing worldwide. HDPE does not generate harmful emissions during its manufacturing or during application by end users. ![]() Besides this, it is resistant to insects, rot, and chemicals. It is tougher than standard polyethylene, acts as a powerful barrier against moisture, and remains solid at room temperature. It is strong, inexpensive, possesses excellent processability, and has several characteristics that make it an ideal material for packaging and manufacturing applications. High density polyethylene (HDPE) is a moderately stiff plastic with a highly crystalline structure. These insights are included in the report as a major market contributor. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. Looking forward, IMARC Group expects the market to reach US$ 97.4 Billion by 2027, exhibiting at a CAGR of 4.65 % during 2022-2027. The global high density polyethylene (HDPE) market reached a value of US$ 74.5 Billion in 2021.
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