High Density Polyethylene (HDPE) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

High Density Polyethylene (HDPE) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A1058
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Market Overview:

The global high density polyethylene (HDPE) market reached a value of US$ 74.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 97.4 Billion by 2027, exhibiting at a CAGR of 4.65% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

High density polyethylene (HDPE) is a moderately stiff plastic with a highly crystalline structure. It is strong, inexpensive, possesses excellent processability, and has several characteristics that make it an ideal material for packaging and manufacturing applications. It is tougher than standard polyethylene, acts as a powerful barrier against moisture, and remains solid at room temperature. Besides this, it is resistant to insects, rot, and chemicals. HDPE does not generate harmful emissions during its manufacturing or during application by end users. As it also leaks no harmful chemicals into the soil or water, its sales are increasing worldwide.

 

 
 

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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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High Density Polyethylene (HDPE) Market Trends:

HDPE finds extensive application in numerous industries on account of its low moisture absorption and chemical and corrosion resistance. For instance, it is widely utilized in the packaging industry across the globe due to rapid urbanization, boosting sales of smart devices, increasing internet penetration and the thriving e-commerce sector. Moreover, there is a rise in the employment of HDPE in the food and beverage (F&B) sector on account of its increasing usage in the production of various products, such as bottle caps, food storage containers, and bags. This, coupled with the growing on-the-go food consumption, rising number of online food delivery platforms and the certification of HDPE as a food-grade polymer, is strengthening the market growth. Apart from this, pipes made from HDPE are used in the construction industry around the world for residential plumbing purposes. This, in confluence with the rising global population, is fueling the growth of the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global high density polyethylene (HDPE) market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on feedstock, application and manufacturing process.

Breakup by Feedstock:

 

 
 

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  • Naphtha
  • Natural Gas
  • Others
     

Breakup by Application:

  • Blow Molding
  • Film and Sheet
  • Injection Molding
  • Pipe and Extrusion
  • Others
     

At present, blow molding accounts for the majority of the total market share.

Breakup by Manufacturing Process:

  • Gas Phase Process
  • Slurry Process
  • Solution Process
     

Breakup by Region:

 

 
 

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  • Asia Pacific
  • North America
  • Europe
  • Middle East and Africa
  • Latin America
     

The Asia Pacific currently enjoys the leading position in the market on account of the increasing construction activities in the region. 

Competitive Landscape:

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are Chevron Phillips Chemical Company, Dynalab Corp., The Dow Chemical Company, Exxon Mobil Corporation, LyondellBasell Industries N.V., INEOS AG, 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Feedstock, Application, Manufacturing Process, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Chevron Phillips Chemical Company, Dynalab Corp., The Dow Chemical Company, Exxon Mobil Corporation, LyondellBasell Industries N.V., INEOS AG, 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global high density polyethylene market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global high density polyethylene industry?
  • What are the key regional markets in the global high density polyethylene industry?
  • What are the major manufacturing processes in the global high density polyethylene industry?
  • What are the major feedstocks in the global high density polyethylene industry?
  • What are the major application segments in the global high density polyethylene industry?
  • What are the various stages in the value chain of the global high density polyethylene market?
  • What are the key driving factors and challenges in the global high density polyethylene market?
  • What is the structure of the global high density polyethylene market and who are the key players?
  • What is the degree of competition in the global high density polyethylene market?
  • How is high density polyethylene manufactured?

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High Density Polyethylene (HDPE) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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