Global high density polyethylene (HDPE) market is anticipated to witness strong growth on account of high demand for packaging for widespread applications which include pharmaceuticals, personal care products and food and beverages.
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High Density Polyethylene (HDPE) Market Analysis, Size, Segment To 2022 by Grand View Research, Inc.
1. HDPE Market Analysis, Market Size, Application Analysis,
Regional Outlook, Competitive Strategies And Forecasts,
2015 To 2022
Global high density polyethylene (HDPE) market is anticipated to witness strong
growth on account of high demand for packaging for widespread applications
which include pharmaceuticals, personal care products and food and beverages. In
addition, HDPE is also used in construction, blow molded bottles, electronics and
chemicals. HDPE is a polyethylene thermoplastic made from petroleum. HDPE
has vast market opportunity on account of high strength to density ratio, corrosion
resistance, improved impact resistance and acceptable food contact making them
ideally suited for use in plastic bottles, pipes, plastic lumber and geomembranes.
Increasing expenditure on construction is anticipated to augment HDPE market
demand over the projected period owing to rising demand for pipes and related
products such as telephone ducts and plumbing and electrical boxes.
2. For More Information on "High Density Polyethylene (HDPE) Market
Research Reports" visit - http://www.grandviewresearch.com/industry-
analysis/high-density-polyethylene-hdpe-market
Food and beverages was the largest segment for HDPE within the packaging
industry on account of rising demand for molded bottles over past few years and
the trend is anticipated to continue over the forecast period. Asia Pacific emerged
as the largest market for HDPE in 2014 and the trend is expected to continue in the
coming seven years. Europe was the second largest market on account of high
demand of HDPE for injection molding and film products.Major players
dominating the HDPE market include Borealis AG, Abu Dhabi Polymers Ltd.,
Honam Petrochemical Corporation, Dow Chemical Company and PetroChina
Company Ltd. Small players such as Wolseley Industrial Group is a national leader
in the USA in wholesale distribution for HDPE.
3. It provides total solution for all HDPE projects and claims to build virtually
anything from polythene Borouge is a joint venture between Austria based Borealis
and Abu Dhabi National Oil Company which is a leading provider of innovative
and vale creating plastics solutions. It is involved in manufacture and supply of
latest differentiated and sustainable HDPE for widespread applications in molding,
advanced packaging applications and infrastructure. In addition to this, bimodal
HDPE has emerged as a new source for blow molding applications on account of
improved qualities. Properties such as high environment stress crack resistance and
top load strength has made it an ideal substitute to unimodal HDPE. Borealis a
niche player in HDPE market along with Borouge is involved in showcasing
HDPE material solutions for lightweight construction of electric car.
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4. About Grand View Research
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The company provides syndicated research reports, customized research reports,
and consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals, materials,
healthcare and energy.
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