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Research and Markets: Global High Density Polyethylene (HDPE) Market 2015-2020 – End-User Industries, Products, and Regional Analysis of the $83 Billion Industry

December 10, 2015 | By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/87n38t/global_high) has announced the addition of the “Global High Density Polyethylene (HDPE) Market – By End-Use Industries, Products, and Regions – Market Size, Demand Forecasts, Industry Trends and Updates (2014- 2020)” report to their offering.

The market was USD 59.99 billion in 2014 and would reach USD 83.62 billion by 2020 growing at a rate of 5.69% compounded annually.

APAC leads the HDPE market with a share of 41% in 2014 followed by Europe and North America. Moreover, APAC is expected to be the fastest growing region both in terms of production and consumption of the resin products due to increase in industrial and agricultural activities in the region. MEA had high demand for HDPE products.

However, the growth rate of HDPE in Europe is expected to decline as a result of closure of manufacturing sites and no capacity increases in the region.

Growth by End – Use industry:

HDPE is mostly used in production of films, which include packaging of films, sacks, bags, and others. Rigid packaging is also one of the prominent end use applications which had a market share of 27% in 2014. Other applications include products for construction industry such as pipes, tubes, cables.

However, pipe segment is expected to witness the strongest growth during the forecasted period, owing to demand from the construction industry in emerging markets like China.

Drivers vs. Constraints:

The demand for HDPE is mainly driven by growth in plastic packaging, and agriculture films & pipes industries, growth in construction activities. Artificial knee caps as substitute to ultra – high molecular weight high density polyethylene (UHMWHDPE) would be the future trend for HDPE market.

On the other hand, limitations related to supply of HDPE and fluctuations in prices of raw materials pose a challenge to the players in the market.

Industry Structure:

Capacity expansions of the companies and acquisitions are the current key strategies in the market. Manufacturing companies along with associations are bringing in huge investments for future advancements in technology along with modifications in HDPE to march the demand.

Key Topics Covered:

1. Our Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. High Density Polyethylene (HDPE) Market Segmentation, Forecasts and Trends – by Revenue, Volume

6. Competitive Landscape Analysis

7. Company Profiles

8. Industry Structure

9. High Density Polyethylene (HDPE) market – Road Ahead

10. Tables

Companies Mentioned

– Afton Chemical Corporation

– BASF

– Braskem SA

– Cummins Inc.

– Dow Chemical

– DuPont

– Evonik Industries

– Exxon Mobil Corporation

– Lone Star Chemical

– LyondellBasell

– Sabic

– Sinopec Corporation

For more information visit http://www.researchandmarkets.com/research/87n38t/global_high

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Plastics

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