Dublin, March 23, 2022 (GLOBE NEWSWIRE) -- The "High Density Polyethylene (HDPE) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global high density polyethylene (HDPE) market reached a value of US$ 74.5 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 97.4 Billion by 2027, exhibiting a CAGR of 4.65% during 2022-2027. 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. These insights are included in the report as a major market contributor.
High density polyethylene (HDPE) is a moderately stiff plastic with a highly crystalline structure. It is strong, inexpensive, possesses excellent processability, and has several characteristics that make it an ideal material for packaging and manufacturing applications. It is tougher than standard polyethylene, acts as a powerful barrier against moisture, and remains solid at room temperature. Besides this, it is resistant to insects, rot, and chemicals. HDPE does not generate harmful emissions during its manufacturing or during application by end users. As it also leaks no harmful chemicals into the soil or water, its sales are increasing worldwide.
High Density Polyethylene (HDPE) Market Trends:
HDPE finds extensive application in numerous industries on account of its low moisture absorption and chemical and corrosion resistance. 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.
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. 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. Apart from this, pipes made from HDPE are used in the construction industry around the world for residential plumbing purposes. This, in confluence with the rising global population, is fueling the growth of the market.
Key Market Segmentation:
The publisher 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. Our report has categorized the market based on feedstock, application and manufacturing process.
Breakup by Feedstock:
- Naphtha
- Natural Gas
- Others
Breakup by Application:
- Blow Molding
- Film and Sheet
- Injection Molding
- Pipe and Extrusion
- Others
At present, blow molding accounts for the majority of the total market share.
Breakup by Manufacturing Process:
- Gas Phase Process
- Slurry Process
- Solution Process
Breakup by Region:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
The Asia Pacific currently enjoys the leading position in the market on account of the increasing construction activities in the region.
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are Chevron 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. Ltd., Prime Polymer Co. Ltd., and Mitsui Chemicals Inc.
Key Questions Answered in this Report:
- How has the global high density polyethylene market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global high density polyethylene industry?
- What are the key regional markets in the global high density polyethylene industry?
- What are the major manufacturing processes in the global high density polyethylene industry?
- What are the major feedstocks in the global high density polyethylene industry?
- What are the major application segments in the global high density polyethylene industry?
- What are the various stages in the value chain of the global high density polyethylene market?
- What are the key driving factors and challenges 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 is the degree of competition in the global high density polyethylene market?
- How is high density polyethylene manufactured?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Properties
4.3 Key Industry Trends
5 Global High Density Polyethylene Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Feedstock
5.5 Market Breakup by Application
5.6 Market Breakup by Manufacturing Process
5.7 Market Breakup by Region
5.8 Market Forecast
5.9 SWOT Analysis
5.10 Value Chain Analysis
5.11 Porters Five Forces Analysis
5.12 Price Analysis
6 Market Breakup by Feedstock
6.1 Naphtha
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Natural Gas
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Blow Molding
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Film and Sheet
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Injection Molding
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Pipe and Extrusion
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Manufacturing Process
8.1 Gas Phase Process
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Slurry Process
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Solution Process
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
10 High Density Polyethylene Manufacturing Process
10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 Chevron Phillips Chemical Company
11.3.2 Dynalab Corp.
11.3.3 The Dow Chemical Company
11.3.4 Exxon Mobil Corporation
11.3.5 LyondellBasell Industries N.V.
11.3.6 INEOS AG
11.3.7 Saudi Basic Industries Corporation (SABIC)
11.3.8 SINOPEC Beijing Yanshan Company
11.3.9 PetroChina Company Ltd.
11.3.10 Braskem
11.3.11 Reliance Industries Ltd.
11.3.12 Formosa Plastics Corporation
11.3.13 Daelim Industrial Co. Ltd.
11.3.14 Prime Polymer Co. Ltd.
11.3.15 Mitsui Chemicals Inc.
For more information about this report visit https://www.researchandmarkets.com/r/rgm8f5
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