MarketResearchNest.com adds “Global High-density Polyethylene Market 2018-2022”new report to its research database. The report spread across 137 pages with table and figures in it.
Research analysts forecast the global high-density polyethylene market to grow at a CAGR of 3.63% during the period 2018-2022.
About High-density Polyethylene
HDPE is a type of polyethylene with a density greater than 940 kg/m3 and is mainly produced in low-pressure reactors. The high density of HDPE with stronger intermolecular force offers excellent physical properties such as rigidity, toughness, and strength. Hence, HDPE resins are used for various applications of film and sheet, blow molding, injection molding, and extruded products.
Covered in this report
The report covers the present scenario and the growth prospects of the global high-density polyethylene market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of high-density polyethylene.
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The market is divided into the following segments based on geography:
Technavio’s report, Global High-density Polyethylene Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio recognizes the following companies as the key players in the global high-density polyethylene market: Borealis, DowDuPont, ExxonMobil, INEOS, LyondellBasell Industries Holdings, and SABIC.
Commenting on the report, an analyst from Research team said: “The latest trend gaining momentum in the market is the growing demand for HDPE plastic recycling. The demand for HDPE recycling is expected to increase due to the rising recycling rate of plastics in various developed countries such as the UK, the US, and Germany. The need to recycle materials will further increase due to the growing concerns about environmental issues and rising demand for environmental sustainability.”
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According to the report, one of the major drivers for this market is growing demand from the packaging industry. The low cost of high-density polyethylene and easy processing are driving the application of high-density polyethylene (HDPE) in the production of plastic packaging. The application of HDPE is expected to increase in containers and bottles due to their effective chemical stability and high barrier capacity. Manufacturers prefer unpigmented bottes made from HDPE to package products with shorter shelf life cycle because these bottles are highly translucent and offer stiffness. The preference for these bottles will continue to increase because they are used to package products including shampoo, juice, cosmetics, water, and milk.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be; What are the key market trends; What is driving this market; What are the challenges to market growth; Who are the key vendors in this market space; What are the market opportunities and threats faced by the key vendors; What are the strengths and weaknesses of the key vendors;
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Mr. Jeet Jain