Global High Density Polyethylene Market Overview:
High-density polyethylene is a thermoplastic polymer produced from the monomer ethylene. It is also known as polyethylene high-density (PEHD). It is also sometimes called alkathene or polythene when used for HDPE pipes. It is widely used in the production of corrosion resistant pigging, plastic bottles, plastic lumber, and geomembranes. It is easily recyclable and has the number 2 as its resin identification code. Some of the key players profiled in the study are Chevron Phillips Chemical Company (United States), Dynalab Corp. (United States), The Dow Chemical Company (United States), Exxon Mobil Corporation (United States), LyondellBasell Industries N.V. (Netherlands), INEOS Group Limited (United Kingdom), Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), Gemini HDPE LLC (United States), High Country Fusion Company, Inc. (United States) and Wiik & Hoeglund Public Company Limited (Thailand). According to Market Analyst at AMA, the Global High Density Polyethylene market may see a growth rate of 4.6%
On the basis of geography, the market of High Density Polyethylene has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Feedstock, the sub-segment i.e. Naphtha will boost the High Density Polyethylene market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Manufacturing Process, the sub-segment i.e. Gas Phase Process will boost the High Density Polyethylene market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- The Increasing Demand for Packaging from end User Industries
- Increasing Government Spending On Infrastructure Development in Emerging Countries
- The Growing Usage of HDPE for Food Packaging
- Volatile Raw Material Prices Of Crude Oil
- Emerging Demand from Developing Nations
Major Market Developments:
Recently, The US Food and Drug Administration has determined that Totalís secondary recycling process at its Antwerp Belgium site for the production of High-Density Polyethylene (HDPE) Circular Compounds is effective in reducing contaminants from Post-Consumer Recycled HDPE (PCR-HDPE) material to an extent which allows for its use in food packaging.
High-density polyethylene complies with the FDA (Foods & Drugs Administrations) Regulations, Edition 2015, as defined in 21 CFR, section 177.1520 (olefin polymers) paragraph (c) 3.1a. The additives are covered in the sections CFR 21, sections 177.1520, 178.2010, 178.3297, 178.3750, and 184.1191. This product can also be used in contact with all types of food.
High Density Polyethylene Manufacturers, High-Density Polyethylene Traders/Distributors, High-Density Polyethylene Importer/Exporter, Regulatory & Government Bodies, Industry Associations, Downstream Vendors, End Users, Research & Consulting Firms and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global High Density Polyethylene market on the basis of product  , application [Film and Sheet, Injection Molding, Pipe and Extrusion and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the High Density Polyethylene market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the High Density Polyethylene industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the High Density Polyethylene market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.