Global High-density Polyethylene Market 2018-2022 - Growing Demand from the Packaging Industry is Driving the Market - ResearchAndMarkets.com
The "Global High-density Polyethylene Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
Global high-density polyethylene market to grow at a CAGR of 3.63% during the period 2018-2022.
The latest trend gaining momentum in the market is the growing demand for HDPE plastic recycling. The demand for HDPE recycling is expected to increase due to the rising recycling rate of plastics in various developed countries such as the UK, the US, and Germany. The need to recycle materials will further increase due to the growing concerns about environmental issues and rising demand for environmental sustainability.
One of the major drivers for this market is growing demand from the packaging industry. The low cost of high-density polyethylene and easy processing are driving the application of high-density polyethylene (HDPE) in the production of plastic packaging. The application of HDPE is expected to increase in containers and bottles due to their effective chemical stability and high barrier capacity. Manufacturers prefer unpigmented bottles made from HDPE to package products with shorter shelf life cycle because these bottles are highly translucent and offer stiffness. The preference for these bottles will continue to increase because they are used to package products including shampoo, juice, cosmetics, water, and milk.
Market Trends
- Growing demand for HDPE recycling
- Increase in R&D activities
- Growing innovations in packaging
Key Vendors
- Borealis
- DowDuPont
- ExxonMobil
- INEOS
- LyondellBasell Industries Holdings
- SABIC
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation by Application
Part 09: Customer Landscape
Part 10: Market Segmentation by End-User
Part 11: Regional Landscape
Part 12: Decision Framework
Part 13: Drivers and Challenges
Part 14: Market Trends
Part 15: Vendor Landscape
Part 16: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/p8hz88/global?w=4
View source version on businesswire.com: http://www.businesswire.com/news/home/20180119005504/en/