Title: Overview of high density polyethylene market manufacturers & industry share 2017–2024
1HDPE Market Research Report, 2016 -
2024 Fractovia.org
2Overview
- High Density Polyethylene market growth drivers
are increased adoption of packaged food, Growing
construction sector, Flourishing automobile
industry. - As per the report, High density polyethylene
market is projected to surpass a revenue of USD
88 billion by 2024. - Changing lifestyle choices coupled with shifting
consumer preferences toward packaged foods will
propel high density polyethylene market over the
coming seven years. Rapid urbanization and
ever-growing infrastructural developments across
the emerging economies such as India and China
will also influence the industry size noticeably.
- The prominent end-users of HDPE industry include
the packaging, automotive, agriculture, and
building construction sectors. Driven by
excellent features of HDPE pipes such as
affordable installation, low material cost, and
enhanced performance, high density polyethylene
market in the agriculture sector will generate
considerable revenue over the coming years.
3- UPR Market by Products
- Based on the form of molding, high density
polyethylene market is mainly divided into
injection molded, blow molded, film sheet, and
pipe extruded. Film sheet market will exhibit
an annual growth rate of 4.5 over the coming
years of 2016 to 2024, owing to product
advantages such as affordability and chemical
inertness. - Blow molded HDPE Market price accounted for 25
of the overall revenue share in 2015 and will
generate considerable demand over the coming
timeframe. The attributing factor towards the
market growth is its resistive nature towards the
cracking and stiffness along with its ability to
sustain high temperatures.
4Competitive Trends
The noteworthy players in hdpe market are Honam
Petrochemical Corporation, The Dow Chemical
Company, Abu Dhabi Polymers Company Ltd, Borealis
AG, PetroChina Company Limited, Braskem S.A.,
LyondellBasell industries NV, Chevron Phillips
Chemical Co., Exxon Mobil Corp., and Formosa
Plastics Corp.
- Reasons to Buy This PDF Report
- HDPE Market size forecast by product
application - 2. Growth drivers, pitfalls industry challenges
- 3. Key HDPE Market growth
- opportunities emerging business models
- 4. Competitive benchmarking with market share
- analysis and company profiles
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6Regional Trends
- Europe HDPE industry covered over 20 of the
regional revenue in 2015, and is predicted to
register an annual growth rate of around 3 over
the period of 2016 to 2024, owing to the growing
adoption of blow molding technology across the
region. - Asia Pacific high density polyethylene market
accounted for more than 40 of the global
industry share in 2015. Economically emerging
countries across the APAC such as China and India
will generate significant revenue over the coming
seven years, due to increasing expenditure on
infrastructure development programs.
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