Press release
HDPE Market 2024 Key Players The Dow Chemical Company, Honam Petrochemical Corporation, PetroChina Company Limited, Borealis AG, and Abu Dhabi Polymers Company Ltd.
HDPE Market
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High Density Polyethylene market size will cross USD 88 billion till 2024 according to a new research report by Global Market Insights, Inc. High density polyethylene (HDPE) is majorly used for packaging in pharmaceutical, food & beverages and cosmetics industries. It has improved mechanical properties and higher strength to density ratio than low density polyethylene. It is used to pack food items such as ready-to-mix, ready-to-cook food. Increasing packed food items market due to ease-of-consumption and its handiness will boost product market.
High density polyethylene to produce products such as pipes, plumbing and electrical boxes, and telephone ducts. These products are deployed at construction sites in residential, commercial and industrial projects. Infrastructural development in emerging economies such as urban and hydropower transportation, roads & highways, commercial building, shopping malls, shall give a positive outlook for high density polyethylene market.
High density polyethylene is used for agricultural applications in the form of pipes. These pipes are used for irrigation, drainage and water supply. These pipes performance is much better than other material pipes and are also less expensive in terms of installation and material cost. Further, these pipes have limited need for fittings and requires lesser pipe laydown area. HDPE pipes can handle salty water and corrosive conditions and are even corrosion resistant from outside.
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Film & sheet forms of HDPE are likely to exhibit a decent growth rate of 4.5% between 2016 and 2024. These films & sheets are used for notebook covers and harsh chemical environments. It has the advantages of being chemically inert, easily fabricable and affordable. High density polyethylene films are available in wide varieties depending on their clarity, breakability, flexibility and rigidity.
Asia Pacific has a growth potential in packaged food & beverage market and is witnessing a substantial escalation in construction activities. Booming infrastructural development in China will offer an opportunity for the product market in this region.
The key manufacturers of HDPE are Honam Petrochemical Corporation, Borealis AG, Abu Dhabi Polymers Company Ltd, Chevron Phillips Chemical Co, Formosa Plastics Corp, Braskem S.A., LyondellBasell industries NV and Exxon Mobil Corp.
Partial Chapter of the Table of Content
Chapter 2. Executive Summary
2.1. High density polyethylene industry 360° synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Form trends
2.1.3. End-user trends
2.1.4. Regional trends
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Chapter 3. High Density Polyethylene (HDPE) Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 – 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distributor matrix
3.4. Industry impact forces
3.4.1. Growth drivers
3.4.1.1. Increased adoption of packaged food
3.4.1.2. Growing construction sector
3.4.1.3. Flourishing automobile industry
3.4.2. Industry pitfalls & challenges
3.4.2.1. Oscillating crude oil prices
3.5. Growth potential analysis
3.6. Regulatory trends
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Porter’s analysis
3.8. Company market share analysis, 2015
3.8.1. Strategic landscape
3.9. PESTEL analysis
3.10. Regional price trends
3.10.1. Cost structure analysis
3.10.2. Raw material trends
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
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