The Global 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 of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short term and long term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region wise.


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Global High-Density Polyethylene Market Market Dynamics:

High-density polyethylene (HDPE) is a thermoplastic polymer produced from the monomer ethylene made from natural gas, naphtha, and gas oil.

HDPE is a highly versatile type of plastic. It is more opaque, harder, and can withstand higher temperatures. HDPE finds use in numerous applications and industries where strong impact resistance, excellent tensile strength, low moisture absorption, and chemical and corrosion resistance characteristics are required.

The HDPE market is segmented on the basis of industry application as caps & closures, geomembranes, tapes, cross-linked polyethylene, and sheets and others. HDPE is expected to show high demand in its respective applications.

It has also gained popularity across the packaging industry as it is increasingly being used for the production of various products like bottle caps, food storage containers, bags, etc. due to the less odour and excellent chemical resistance that make HDPE films ideal for usage in food packaging.

HDPE accounts for the second-largest share of the plastic pipe demand and is expected to witness the strongest gains in demand during the forecast period.

Recycling the HDPE containers not only 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 creation of virgin plastics. 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.
Global High-Density Polyethylene Market Segment Analysis:

Asia Pacific was the largest market for HDPE in 2019 owing to the presence of a large packaging sector in this region. In addition, increasing government spending on infrastructure development in emerging countries including India and China is also expected to boost HDPE market growth over the forecast period.

The report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, and key issues in the market.
Global High Density Polyethylene Market, Key Highlights:

• Global High Density Polyethylene Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global High Density Polyethylene Market

• Global High Density Polyethylene Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• Global High Density Polyethylene Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global High Density Polyethylene Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global High Density Polyethylene Market are also profiled.

The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.
Scope of Global High-Density Polyethylene Market: Inquire before buying

Global High-Density Polyethylene Market, by End User

• Packaging
• Building and construction
• Agriculture
• Automotive
• Others
Global High-Density Polyethylene Market, by Application

• Film and sheet
• Blow molding
• Injection molding
• Pipe and extrusion
• Others
Global High-Density Polyethylene Market, by Region

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Global High-Density Polyethylene Market 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

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