High Density Polyethylene Market Price Analysis 2022, Share, Size, Top Manufacturers and Forecast By 2027

IMARC Group’s latest research report, titled “High Density Polyethylene Market Price: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

The global high density polyethylene (HDPE) market reached a value of US$ 74.5 Billion in 2021. 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. High-density polyethylene (HDPE) is a thermoplastic polymer with a high crystalline structure and tensile strength. It is durable, inexpensive, remains solid at room temperature, possesses excellent processability, and acts as a powerful barrier against moisture. It can be molded into a wide range of products when it reaches its melting point, including soda bottles, trash cans, toys, food storage containers, geomembranes, corrosion-resistant piping, traffic cones and plastic lumber. Besides this, HDPE does not generate harmful emissions during its manufacturing or utilization by the consumer.

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COVID-19 Impact Overview:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Important Attribute and highlights of the Report:

• Detailed analysis of the global market share

• Market Segmentation by feedstock, application and manufacturing process.

• Historical, current, and projected size of the market in terms of volume and value

• Latest industry trends and developments

• Competitive Landscape for High Density Polyethylene Market

• Strategies of major players and product offerings

The rising utilization of HDPE in the packaging industry on account of low moisture absorption and chemical and corrosion resistance represents one of the primary factors strengthening the global market growth. This can also be accredited to rapid urbanization and the burgeoning e-commerce sector. Apart from this, there is a significant increase in the application of HDPE in the food and beverage (F&B) sector due to the rising on-the-go food consumption and the growing number of online food delivery platforms. Furthermore, HDPE pipes are used in the construction industry around the world for residential plumbing purposes. This, in confluence with the rising global population, is anticipated to fuel the market growth.

Key Players Included in Global High Density Polyethylene Market Research Report:

• 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.

• Mitsui Chemicals Inc.

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Key Market Segmentation:

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:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

TOC for the High Density Polyethylene Market Research Report:

• Preface

• Scope and Methodology

• Executive Summary

• Introduction

• Global High Density Polyethylene Market

• SWOT Analysis

• Value Chain Analysis

• Price Analysis

• Competitive Landscape

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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