Mar 22, 2022   SOURCE: BusinessWire

Worldwide High Density Polyethylene Industry to 2027 - Featuring Exxon Mobil, LyondellBasell Industries and INEOS Among Others - ResearchAndMarkets.com

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.

Companies Mentioned

  • 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.

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.

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 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

7 Market Breakup by Application

8 Market Breakup by Manufacturing Process

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

For more information about this report visit https://www.researchandmarkets.com/r/7bbn33