TheGlobal High-Density Polyethylene Market was valued at US$ 66.24 Bn in 2019 and is expected to reach US$87.5 Bn by 2026 at a CAGR of about 4.32% during the forecast period.
The report includes the analysis ofthe impact of COVID-19 lockdown on the revenue of market leaders, followers,and disruptors. Since the lockdown was implemented differently in variousregions and countries; the impact of the same is also seen differently byregions and segments. The report has covered the current short term and longterm impact on the market, and it would help the decision-makers to prepare theoutline and strategies for companies by region wise.
To know about the ResearchMethodology :- Request Free Sample Report
Global High-Density PolyethyleneMarket Market Dynamics:
High-density polyethylene (HDPE) isa thermoplastic polymer produced from the monomer ethylene made from naturalgas, naphtha, and gas oil.
HDPE is a highly versatile type ofplastic. It is more opaque, harder, and can withstand higher temperatures. HDPEfinds use in numerous applications and industries where strong impactresistance, excellent tensile strength, low moisture absorption, and chemicaland corrosion resistance characteristics are required.
The HDPE market is segmented on thebasis of industry application as caps & closures, geomembranes, tapes,cross-linked polyethylene, and sheets and others. HDPE is expected to show highdemand in its respective applications.
It has also gained popularity acrossthe packaging industry as it is increasingly being used for the production ofvarious products like bottle caps, food storage containers, bags, etc. due tothe less odour and excellent chemical resistance that make HDPE films ideal forusage in food packaging.
HDPE accounts for thesecond-largest share of the plastic pipe demand and is expected to witness thestrongest gains in demand during the forecast period.
Recycling the HDPE containers notonly keeps non-biodegradable waste out of our landfills but also saves energy.HDPE recycling can save up to twice as much energy that is used in the creationof virgin plastics. The demand for HDPE recycling is expected to increase dueto the rising recycling rate of plastics in various developed countries such asthe UK, the US, and Germany.
Global High-Density PolyethyleneMarket Segment Analysis:
Asia Pacific was the largest marketfor HDPE in 2019 owing to the presence of a large packaging sector in thisregion. In addition, increasing government spending on infrastructuredevelopment in emerging countries including India and China is also expected toboost HDPE market growth over the forecast period.
The report provides a comprehensivereview of major market drivers, restraints, opportunities, challenges, and keyissues in the market.
Global High Density PolyethyleneMarket, Key Highlights:
• Global High Density PolyethyleneMarket analysis and forecast, in terms of value.
• Comprehensive study and analysisof market drivers, restraints and opportunities influencing the growth of theGlobal High Density Polyethylene Market
• Global High Density PolyethyleneMarket segmentation on the basis of type, source, end-user, and region(country-wise) has been provided.
• Global High Density PolyethyleneMarket strategic analysis with respect to individual growth trends, futureprospects along with the contribution of various sub-market stakeholders havebeen considered under the scope of study.
• Global High Density PolyethyleneMarket analysis and forecast for five major regions namely North America,Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin Americaalong with country-wise segmentation.
• Profiles of key industry players,their strategic perspective, market positioning and analysis of corecompetencies are further profiled.
• Competitive developments,investments, strategic expansion and competitive landscape of the key playersoperating in the Global High Density Polyethylene Market are also profiled.
The report has considered the baseyear of 2019 and past four years trend. 2020 figures are at actuals, howeverdue to different dynamics of year 2020, market forecast is not only dependentupon 2020, but on the basis of 2016-2020.
Scope of Global High-DensityPolyethylene Market: Inquire before buying
Global High-Density PolyethyleneMarket, by End User
• Packaging
• Building and construction
• Agriculture
• Automotive
• Others
Global High-Density PolyethyleneMarket, by Application
• Film and sheet
• Blow molding
• Injection molding
• Pipe and extrusion
• Others
Global High-Density PolyethyleneMarket, by Region
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Global High-Density PolyethyleneMarket Key Players
• Asahi Kasei Corp
• Braskem S. A.
• Chevron Phillips Chemical Co
• Dow Chemical Co
• Exxon Mobil Corp
• Formosa Plastics Corp
• Lyondell Basell industries
• Abu Dhabi Polymers Company Ltd.
• Borealis AG
• PetroChina Company Limited
• Honam Petrochemical Corporation
• Qatar chemical company
• SOCAR Polymer
• Ineos
• SABIC
For More Information Vist : https://www.maximizemarketresearch.com/market-report/global-high-density-polyethylene-market/22353/
Report Is Submitted By : MaximizeMarket Research Company
Customization of the report:
Maximize Market Research of reportsas per your demand. This report can be personalized to meet your requirements.Get in touch with us and our sales team will guarantee provide you to get areport that suits your necessities.
About Maximize Market Research:
Maximize Market Research providesB2B and B2C research on 20,000 high growth emerging opportunities &technologies as well as threats to the companies across the Healthcare,Pharmaceuticals, Electronics & Communications, Internet of Things, Food andBeverages, Aerospace and Defense and other manufacturing sectors.
