High Density Polyethylene Market Global Industry Trends, Growth, Based On Application, Manufacturing Process, Region Wise Analysis, And Forecast To 2023

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    Global High Density Polyethylene (HDPE)
Market Fostered by Environmental Advantages

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Report Description and Highlights
Report Description
  Global High Density Polyethylene (HDPE) Market
Fostered by Environmental Advantages The global
high density polyethylene market has witnessed a
stable growth in the recent years. This growth
can be attributed to the wide application of high
density polyethylene in various industries such
as food and beverage, pharmaceutical, plumbing,
electronics, and chemical. As per the recent
report by IMARC Group, titled High Density
Polyethylene (HDPE) Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2018-2023, the global high-density
polyethylene market reached a value of US
63 Billion in 2017. High density polyethylene
(HDPE) refers to one of the most durable and
versatile thermoplastics which is manufactured by
applying intense heat to petroleum under
controlled conditions. The high tensile strength
and light weight of HDPE adds to its immense
popularity making it ideal for manufacturing
various kinds of containers and materials.
Additionally, HDPE can withstand environmental
stresses such as high-temperature treatment and
does not create any harmful emissions during its
manufacturing or application. Some of the other
advantages of HDPE include longer lifespan,
moderate price point, resistance to corrosion,
chemicals, climate changes, and ease of handling,
installing and transportation.
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Report Description and Highlights
Report Description

• As a result of growing environmental concerns,
  consumers are increasingly being cautious about
  the products they purchase and thus, are shifting
  towards eco-friendly options like HDPE products.
  In the packaging industry, HDPE finds application
  in the production of plastic bags, containers,
  bottles, and caps and closures which are further
  used in the food and beverage sector. Along with
  this, HDPE films are employed for packing food on
  account of their low odor and excellent chemical
  resistance. A rise in the demand for packaged
  food due to hectic lifestyles and inflating
  disposable incomes of the consumers has provided
  a thrust to the growth of the market across the
  globe. In the non-food industry, HDPE is used in
  the manufacturing of containers for soaps,
  shampoos, detergents, conditioners, bleaches and
  creams so as to protect the product from spilling
  as well as various environmental factors. Looking
  forward, the market value is projected to exceed
  US 82 Billion by 2023, expanding at a CAGR of 4
  during 2018-2023.
• Market Summary
• The high density polyethylene market has been
  bifurcated on the basis of feedstock into naphtha
  and natural gas. Amongst these, naphtha accounts
  for a dominant share in the global market.
• Read more here http//bit.ly/2OH9mOA

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Report Description and Highlights
Report Description

•  
• On the basis of application, the market has been
  divided into blow molding, film and sheet,
  injection molding, pipe and extrusion, and
  others. Presently, blow molding remains the
  largest segment, accounting for the majority of
  the market share.
• Based on manufacturing process, gas phase process
  is the leading segment in the high density
  polyethylene market. Other major manufacturing
  processes include slurry process and solution
  process.
• Region-wise, the market has been segregated as
  Asia Pacific, North America, Europe, Middle East
  and Africa, and Latin America. Currently, Asia
  Pacific is the leading market, accounting for the
  majority of the total share due to rising
  population in the region.
• The competitive landscape of the market has also
  been examined with some of the key players being
  Chevron Phillips Chemical Company, Dynalab Corp.,
  The Dow Chemical Company, Exxon Mobil
  Corporation, LyondellBasell Industries N.V.,
  INEOS Olefins and Polymers USA, INEOS Olefins and
  Polymers Europe, 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. and Mitsui Chemicals Inc.
• Want more information about this market? Request
  a free report sample
• https//www.imarcgroup.com/request?typereportid
  1058flagB

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Report Description and Highlights
Browse More Related Reports  Linear Low
Density Polyethylene Market http//bit.ly/2za0yv
s Nylon Fiber Market http//bit.ly/2OkWAd4
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Report Description and Highlights
Report Description

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