Global High-density Polyethylene (HDPE) Market Continues to Positively Influenced by Growing Packaging Industry till 2023

Published on : Mar 05, 2018

Albany, New York, March 5, 2018: The global demand for high-density polyethylene has been increasing day by day. HDPE is a thermoplastic and is manufactured from petrol chemical derivatives. It is a commonly recyclable product and has high strength and density ratio. Recently, a study titled “Global High-density Polyethylene (HDPE) Market by Manufacturers, Countries, Type and Application, Forecast to 2023” has been broadcasted to the wide repository of Market Research Hub (MRH), which offers comprehensive insights from the market covering some prime regions. The main motive of the study is to provide an in-depth analysis of the market trends, factors in the current market along with industry growth prospects from 2013 to 2017, and forecast to 2023.

To provide better and accurate results, the report majorly focuses on some of the prime regions including the Middle East and Africa (MEA), Europe, Asia Pacific, North America, and South America. The regional analysis section is a crucial segment of the report, which enlightens the reader about the market scenario and trending factors influencing the market shares for each region. Also, in a bid to offer detailed insights to readers, the report has divided global market analysis into various segments which are based on product type, and applications. Sales, revenue and market share by key countries in the above-mentioned regions are also outlined in the study.

In the present time, high-density polyethylene (HDPE) are highly used in the packaging industry as it is a core plastic in rigid packaging. Bags, films, containers, caps and closures, and bottles are the most common packaging products that use high-density polyethylene. It is sometimes called "alkathene" or "polythene" when used for pipes. The report explains major types of high-density polyethylene which are blow molding, extrusion molding and injection molding. Blow molding application such as bottles and drums, toys, pipes, monofilaments, films, fiber etc. are creating higher revenue for the market growth all over the world.

On the basis of applications, the global High-density Polyethylene (HDPE) market has been segmented into Wire and Cable Insulations, Underwater, Mining, Health Care, Industrial, Consumer Goods, Municipal and others. This segmental analysis helps readers gaining clear aspect of the market. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale is a prime feature of the study.

At last, the report also examines the competitive landscape in the global market and profiles some of the key players in this market in terms of company overview, company financials, strategy and recent developments. Key players functioning in the global high-density polyethylene market are ExxonMobil, Chevron Phillips, Bayport Polymers (Total), Dow Chemical, Westlake, lyondellbasell, Formosa Plastics and Ineos.

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