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High Density Polyethylene Hdpe Market
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High Density Polyethylene Hdpe Market

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High-Density Polyethylene (HDPE) Market- Global Industry Size, Share, Growth, Opportunity and Forecast, 2018-2028, Segmented By Application (Pipes and Tubes, Rigid Articles, Sheets & Films and Other Applications); By End-Use Industry (Packaging, Transportation, Electrical and Electronics, Building and Construction, Agriculture, Industry and Machinery, And Other End-Use Industries); By Region (North America, Europe, The Asia Pacific, Latin America, The Middle East, And Africa);

  • Published Date: March 2022
  • Report ID: BWC22088
  • Available Format: PDF
  • Page: 278

Report Overview

The growth of the high-density polyethylene (HDPE) market can be primarily attributed to extensive application in several industries such as the packaging industry, textile industry among others due to its chemical and corrosion resistance as well as low moisture.

Global High-Density Polyethylene (HDPE) Market - Industry Trends & Forecast Report 2028

The global high-density polyethylene (HDPE) market was 54.7 million tons in 2021, and it is further projected to reach 78.0 million tons by 2028, at a CAGR of 5.6% during 2022-2028 (forecast period). The growth of the high-density polyethylene (HDPE) market can be primarily attributed to extensive application in several industries such as the packaging industry, textile industry among others due to its chemical and corrosion resistance as well as low moisture. Such factors promise bright prospects for the growth of the global high-density polyethylene market during the forecast period.

High-Density Polyethylene (HDPE) Market

High-Density Polyethylene (HDPE) Overview

High-density polyethylene (HDPE) refers to a thermoplastic polymer. This is a class of polymers derived mainly from the petrochemical feedstock. High-density polyethylene is known to have exceptional properties including resistance to moisture, high tensile strength. HDPE is a moderately stiff plastic having an extremely crystalline structure. Moreover, it is tougher than the standard polyethylene and acts as a strong shield against moisture. HDPE remains solid at room temperature and is resistant to insects, rots as well as chemicals. HDPE does not produce injurious emissions during the manufacturing process.

High-Density Polyethylene (HDPE) Market Trends

Growth Driver

Large-Scale Application Across Various Sectors to Propel High-Density Polyethylene (HDPE) Market Growth

The high-density polyethylene finds wide-ranging applications across numerous industries due to its chemical and corrosion resistance coupled with low moisture absorption. For instance- HDPE finds extensive usage in the packaging industry across the world. Moreover, advancing sales of smart devices, increasing internet penetration, rapid urbanization, and the flourishing e-commerce sector are playing a major part in the ever-increasing demand for HDPE. Furthermore, there has been a rise in the employment of HDPE in the food and beverage sector since the production of various products such as bottle caps, takeaway bags, and food storage containers has been significantly augmented. These factors are anticipated to propel the growth of the HDPE market in the near future.

Skyrocketing Demand by Pipers and Tubes Industry Likely to Drive High-Density Polyethylene (HDPE) Market Growth

The pipes and tubes made out of HDPE are employed by various industrial sectors, including sewage and manholes, agriculture, marine, mining, fire loops, cold water supply, and others. Several properties of HDPE pipes like high internal pressure to endure external pressures, remarkable tensile strength, resilience to bear gush as well as water hammer pressure make them an ideal choice among pipes and tubes manufacturers. Moreover, the HDPE pipes deliver better performance in hostile soils, require small maintenance and operating costs, offer resistance to environmental stress cracking as well as earthquakes, need lower installation costs, are lightweight, versatile and flexible. All these factors are likely to drive the global HDPE market growth during the forecast period 2022-2028.

Restraints

Instability in Crude oil prices Impeding the High-Density Polyethylene (HDPE) Market Growth

The volatility in prices of crude oil is projected to hinder the High-Density Polyethylene (HDPE) (PTA) market in the close future. This is due to the fact that the major raw material used in the production of HDPE is ethylene which is a petrochemical feedstock. So, the instability in the price of crude oil directly affects ethylene prices. Furthermore, the International Agency for Research on Cancer has declared HDPE as carcinogenic due to it’s potential to induce lung cancer on inhalation. Moreover, the enactment of rigorous government regulations owing to ecological concerns may act as a prominent challenging factor to the market growth during the forecast period 2022-2028.

Impact of COVID-19 on the Global High-Density Polyethylene (HDPE) Market

The High-Density Polyethylene (HDPE) market was negatively impacted due to COVID-19 in 2020 in different ways. The transportation limitations implemented across the world in response to the pandemic resulted in the disruption of the supply chain of major raw materials required for High-Density Polyethylene (HDPE) production. The construction industry which is one of the most significant end-user industries of high-density polyethylene suffered impediments due to contractual obligations, health and safety measures, resource availability as well as project delays or cancellations due to the global pandemic. Similarly, the packaging, as well as the textiles industry, also faced the negatives as a result of the declining demand due to the global health crisis. All this, in turn, has severely affected the market growth rate of the global high-density polyethylene market.

Global High-Density Polyethylene (HDPE) Market – By Application        

Based on the application, the global High-Density Polyethylene (HDPE) market has been segmented into pipes and tubes, rigid articles, sheets and films and other applications. Amidst the segmentation, the pipes and tubes segment is anticipated to grow with the highest CAGR during the forecast period 2022-2028 owing to the large and progressively increasing number of undergoing projects employing HDPE pipes and tubes, in the medium- to large-scale market. Furthermore, the water control projects and numerous new construction projects are leveraging new multi-layer HDPE pipes. This can be a novel prospect in the market since it will help save the cost of expensive bedding materials besides providing greater durability and reliability, thus significantly enhancing the market growth during the forecast period.

High-Density Polyethylene (HDPE) Market Share

Global High-Density Polyethylene (HDPE) Market- By End-Use Industry

On the basis of end-use industry, the global High-Density Polyethylene (HDPE) market is segmented into packaging, transportation, electrical and electronics, building and construction, agriculture, industry and machinery, and other end-use industries. Amidst the segmentation, the packaging industry generates the largest revenue and holds major shares in the High-Density Polyethylene (HDPE) market. HDPE is widely used in the packaging industry for pharmaceuticals and food and beverages. The thriving food and beverage industry throughout the world along with surging demand for HDPE in cosmetic packaging is projected to energize the market growth during the forecast period 2022-2028.

Global High-Density Polyethylene (HDPE) Market- Regional Insights           

In terms of the regional analysis, the global High-Density Polyethylene (HDPE) (PTA) market can be segmented into Middle East & Africa, Latin America, Asia Pacific, Europe, and North America. Amidst the segmentation, the Asia Pacific region is expected to dominate the High-Density Polyethylene (HDPE) market during the forecast period on account of the remarkable performance exhibited in the sector by co8untries like China and India. China, the largest economy in the Asia-Pacific region is registering high economic growth. The development of road and rail infrastructure by the Chinese government has propelled the growth of the country’s construction industry. The construction sector, being the major deployer of the HDPE has led to the significant growth of the market in the region.

Competitive Landscape

The global High-Density Polyethylene (HDPE) market is characterized by the presence of many local, regional, and global vendors. The key players operating in the global High-Density Polyethylene (HDPE) market 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. and other prominent players. The players maintain their dominance in the market by investing in research and development activities, integrating the latest and advanced technologies into their products, and launching improved products for the customers. Different strategies are adopted like engaging in strategic alliances, agreements, mergers and collaborations.

 

Recent Developments

 

  • December 2021: Atkore Inc. declared the acquisition of the assets of Four Star Industries, which is a manufacturer of ½” – 6” High Density Polyethylene (HDPE) conduit. The Four Star Industries primarily serves the telecommunications, infrastructure, utility and datacom markets. The acquisition was done to expand Atkore’s product portfolio and enable Atkore to serve the growing markets like broadband and renewable energy.

 

  • In October 2020: SABIC embarked on a pilot project with Schwarz Group, Europe’s largest retail store operator, for the use of transparent film bags made from certified circular polyethylene (PE) in vegetable packaging. SABIC’s TRUCIRCLE certified circular polymers in the pilot project include high-density polyethylene (HDPE) and few other resins.

Scope of Report

     

Attribute Details
Years Considered Historical data – 2018-2021
Base Year – 2021
Forecast – 2022 – 2028
Facts Covered Revenue in USD Million, Volume in Million Tons
Market Coverage United States, Canada, Germany, United Kingdom, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, United Arab Emirates, South Africa
Product/Service Segmentation By application, by end-use industry and by region
Key Players The key players operating in the global High-Density Polyethylene (HDPE) market 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. and other prominent players

 

By Application

    •  
  • Pipes and Tubes
  • Rigid Articles
  • Sheets and Films
  • Other Applications

By End-Use Industry

  • Packaging, Transportation
  • Electrical and Electronics
  • Building and Construction
  • Agriculture
  • Industry and Machinery
  • Others

By Region

      •  
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation
  3. Executive Summary
  4. Global High-Density Polyethylene (HDPE) Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    3. Technological Landscape/Recent Development
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  5. Global High-Density Polyethylene (HDPE) Market Overview
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Size & Forecast by Volume, 2018-2028
      1. By Volume (Kilo Tons)
    3. Market Share & Forecast
      1. By Application
        1. Pipes and Tubes
        2. Rigid Articles
        3. Sheets and Films
        4. Other Applications
      2. By End-Use Industry
        1. Packaging, Transportation
        2. Electrical and Electronics
        3. Building and Construction
        4. Agriculture
        5. Industry and Machinery
        6. Other End-use Industries
      3. By Region
        1. North America
        2. Europe
        3. The Asia Pacific
        4. Latin America
        5. The Middle East and Africa
  6. North America High-Density Polyethylene (HDPE) Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Size & Forecast by Volume, 2018-2028
      1. By Volume (Kilo Tons)
    3. Market Share & Forecast
      1. By Application
      2. By End-Use Industry
      3. By Country
        1. United States
        2. Canada
  7. Europe High-Density Polyethylene (HDPE) Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Size & Forecast by Volume, 2018-2028
      1. By Volume (Kilo Tons)
    3. Market Share & Forecast
      1. By Application
      2. By End-Use Industry
      3. By Country
        1. Germany
        2. United Kingdom
        3. Italy
        4. France
        5. Spain
        6. Rest of Europe
  8. The Asia Pacific High-Density Polyethylene (HDPE) Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Size & Forecast by Volume, 2018-2028
      1. By Volume (Kilo Tons)
    3. Market Share & Forecast
      1. By Application
      2. By End-Use Industry
      3. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Rest of Asia Pacific
  9. Latin America High-Density Polyethylene (HDPE) Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Size & Forecast by Volume, 2018-2028
      1. By Volume (Kilo Tons)
    3. Market Share & Forecast
      1. By Application
      2. By End-Use Industry
      3. By Country
        1. Brazil
        2. Mexico
        3. Rest of Latin America
  10. The Middle East & Africa High-Density Polyethylene (HDPE) Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Size & Forecast by Volume, 2018-2028
      1. By Volume (Kilo Tons)
    3. Market Share & Forecast
      1. By Application
      2. By End-Use Industry
      3. By Country
        1. Saudi Arabia
        2. UAE
        3. South Africa
        4. Rest of Middle East & Africa
  11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Merger, Acquisition, Partnership.)
  12. Impact of Covid-19 on Global High-Density Polyethylene (HDPE) Market Industry
  13. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
    1. Chevron Phillips Chemical Company
    2. Dynalab Corp.
    3. The Dow Chemical Company
    4. Exxon Mobil Corporation
    5. LyondellBasell Industries N.V.
    6. INEOS AG, Saudi Basic Industries Corporation (SABIC)
    7. SINOPEC Beijing Yanshan Company
    8. PetroChina Company Ltd.
    9. Braskem
    10. Reliance Industries Ltd.
    11. Formosa Plastics Corporation
    12. Daelim Industrial Co. Ltd.
    13. Prime Polymer Co. Ltd.
    14. Mitsui Chemicals Inc.
    15. Other prominent players.
  14. Key Strategic Recommendations

 

*Financial information in case of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

 

List of Figures

 

Figure 1: Global High-Density Polyethylene Market Segmentation

Figure 2: Global High-Density Polyethylene Industry Value Chain Analysis

Figure 3: Global High-Density Polyethylene Market Size, By Value (USD Million), 2018-2028

Figure 4: Global High-Density Polyethylene Market Size, By Volume (KT), 2018-2028

Figure 5: Global High-Density Polyethylene Market Share (%), By Application, By Value, 2018-2028

Figure 6: Global High-Density Polyethylene Market Share (%), By Application, By Volume, 2018-2028

Figure 7: Global High-Density Polyethylene Market Share (%), By End-Use Industry, By Value, 2018-2028

Figure 8: Global High-Density Polyethylene Market Share (%), By End-Use Industry, By Volume, 2018-2028

Figure 9: Global High-Density Polyethylene Market Share (%), By Region, By Value, 2018-2028

Figure 10: Global High-Density Polyethylene Market Share (%), By Region, By Volume, 2018-2028

Figure 11: North America High-Density Polyethylene Market Size, By Value (USD Million), 2018-2028

Figure 12: North America High-Density Polyethylene Market Size, By Volume (KT), 2018-2028

Figure 13: North America High-Density Polyethylene Market Share (%), By Application, By Value, 2018-2028

Figure 14: North America High-Density Polyethylene Market Share (%), By Application, By Volume, 2018-2028

Figure 15: North America High-Density Polyethylene Market Share (%), By End-Use Industry, By Value, 2018-2028

Figure 16: North America High-Density Polyethylene Market Share (%), By End-Use Industry, By Volume, 2018-2028

Figure 17: North America High-Density Polyethylene Market Share (%), By Country, By Value, 2018-2028 

Figure 18: North America High-Density Polyethylene Market Share (%), By Country, By Volume, 2018-2028 

Figure 19: Europe High-Density Polyethylene Market Size, By Value (USD Million), 2018-2028

Figure 20: Europe High-Density Polyethylene Market Size, By Volume (KT), 2018-2028

Figure 21: Europe High-Density Polyethylene Market Share (%), By Application, By Value, 2018-2028

Figure 22: Europe High-Density Polyethylene Market Share (%), By Application, By Volume, 2018-2028

Figure 23: Europe High-Density Polyethylene Market Share (%), By End-Use Industry, By Value, 2018-2028

Figure 24: Europe High-Density Polyethylene Market Share (%), By End-Use Industry, By Volume, 2018-2028

Figure 25: Europe High-Density Polyethylene Market Share (%), By Country, By Value, 2018-2028

Figure 26: Europe High-Density Polyethylene Market Share (%), By Country, By Volume, 2018-2028

Figure 27: The Asia-Pacific High-Density Polyethylene Market Size, By Value (USD Million), 2018-2028

Figure 28: The Asia-Pacific High-Density Polyethylene Market Size, By Volume (KT), 2018-2028

Figure 29: The Asia-Pacific High-Density Polyethylene Market Share (%), By Application, By Value, 2018-2028

Figure 30: The Asia-Pacific High-Density Polyethylene Market Share (%), By Application, By Volume, 2018-2028

Figure 31: The Asia-Pacific High-Density Polyethylene Market Share (%), By End-Use Industry, By Value, 2018-2028

Figure 32: The Asia-Pacific High-Density Polyethylene Market Share (%), By End-Use Industry, By Volume, 2018-2028

Figure 33: The Asia-Pacific High-Density Polyethylene Market Share (%), By Country, By Value, 2018-2028

Figure 34: The Asia-Pacific High-Density Polyethylene Market Share (%), By Country, By Volume, 2018-2028

Figure 35: Latin America High-Density Polyethylene Market Size, By Value (USD Million), 2018-2028

Figure 36: Latin America High-Density Polyethylene Market Size, By Volume (KT), 2018-2028

Figure 37: Latin America High-Density Polyethylene Market Share (%), By Application, By Value, 2018-2028

Figure 38: Latin America High-Density Polyethylene Market Share (%), By Application, By Volume, 2018-2028

Figure 39: Latin America High-Density Polyethylene Market Share (%), By End-Use Industry, By Value, 2018-2028

Figure 40: Latin America High-Density Polyethylene Market Share (%), By End-Use Industry, By Volume, 2018-2028

Figure 41: Latin America High-Density Polyethylene Market Share (%), By Country, By Value, 2018-2028

Figure 42: Latin America High-Density Polyethylene Market Share (%), By Country, By Volume, 2018-2028

Figure 43: The Middle East & Africa High-Density Polyethylene Market Size, By Value (USD Million), 2018-2028

Figure 44: The Middle East & Africa High-Density Polyethylene Market Size, By Volume (KT), 2018-2028

Figure 45: The Middle East & Africa High-Density Polyethylene Market Share (%), By Application, By Value, 2018-2028

Figure 46: The Middle East & Africa High-Density Polyethylene Market Share (%), By Application, By Volume, 2018-2028

Figure 47: The Middle East & Africa High-Density Polyethylene Market Share (%), By End-Use Industry, By Value, 2018-2028

Figure 48: The Middle East & Africa High-Density Polyethylene Market Share (%), By End-Use Industry, By Volume, 2018-2028

Figure 49: The Middle East & Africa High-Density Polyethylene Market Share (%), By Country, By Value, 2018-2028

Figure 50: The Middle East & Africa High-Density Polyethylene Market Share (%), By Country, By Volume, 2018-2028

Figure 51: Global High-Density Polyethylene Market Share Analysis, 2021

 

List of Tables

 

Table 1: Global High-Density Polyethylene Market Size, By Application, By Value (USD Million), 2018-2028

Table 2: Global High-Density Polyethylene Market Size, By Application, By Volume (KT), 2018-2028

Table 3: Global High-Density Polyethylene Market Size, By End-Use Industry, By Value (USD Million), 2018-2028

Table 4: Global High-Density Polyethylene Market Size, By End-Use Industry, By Volume (KT), 2018-2028

Table 5: Global High-Density Polyethylene Market Size. By Region, By Value (USD Million), 2018-2028

Table 6: Global High-Density Polyethylene Market Size. By Region, By Volume (KT), 2018-2028

Table 7: North America High-Density Polyethylene Market Size, By Application, By Value (USD Million), 2018-2028

Table 8: North America High-Density Polyethylene Market Size, By Application, By Volume (KT), 2018-2028

Table 9: North America High-Density Polyethylene Market Size, By End-Use Industry, By Value (USD Million), 2018-2028

Table 10: North America High-Density Polyethylene Market Size, By End-Use Industry, By Volume (KT), 2018-2028

Table 11: 28 North America High-Density Polyethylene Market Size (USD Million), By Country, By Value 2018-2028 

Table 12: North America High-Density Polyethylene Market Size (KT), By Country, By Volume 2018-2028 

Table 13: Europe High-Density Polyethylene Market Size, By Application, By Value (USD Million), 2018-2028

Table 14: Europe High-Density Polyethylene Market Size, By Application, By Volume (KT), 2018-2028

Table 15: Europe High-Density Polyethylene Market Size, By End-Use Industry, By Value (USD Million), 2018-2028

Table 16: Europe High-Density Polyethylene Market Size, By End-Use Industry, By Volume (KT), 2018-2028

Table 17: 40 Europe High-Density Polyethylene Market Size (USD Million), By Country, By Value 2018-2028 

Table 18: Europe High-Density Polyethylene Market Size (KT), By Country, By Volume 2018-2028 

Table 19: The Asia-Pacific High-Density Polyethylene Market Size, By Application, By Value (USD Million), 2018-2028

Table 20: The Asia-Pacific High-Density Polyethylene Market Size, By Application, By Volume (KT), 2018-2028

Table 21: The Asia-Pacific High-Density Polyethylene Market Size, By End-Use Industry, By Value (USD Million), 2018-2028

Table 22: The Asia-Pacific High-Density Polyethylene Market Size, By End-Use Industry, By Volume (KT), 2018-2028

Table 23: 52 The Asia-Pacific High-Density Polyethylene Market Size (USD Million), By Country, By Value 2018-2028 

Table 24: The Asia-Pacific High-Density Polyethylene Market Size (KT), By Country, By Volume 2018-2028 

Table 25: Latin America High-Density Polyethylene Market Size, By Application, By Value (USD Million), 2018-2028

Table 26: Latin America High-Density Polyethylene Market Size, By Application, By Volume (KT), 2018-2028

Table 27: Latin America High-Density Polyethylene Market Size, By End-Use Industry, By Value (USD Million), 2018-2028

Table 28: Latin America High-Density Polyethylene Market Size, By End-Use Industry, By Volume (KT), 2018-2028

Table 29: 64 Latin America High-Density Polyethylene Market Size (USD Million), By Country, By Value 2018-2028 

Table 30: Latin America High-Density Polyethylene Market Size (KT), By Country, By Volume 2018-2028 

Table 31: The Middle East & Africa High-Density Polyethylene Market Size, By Application, By Value (USD Million), 2018-2028

Table 32: The Middle East & Africa High-Density Polyethylene Market Size, By Application, By Volume (KT), 2018-2028

Table 33: The Middle East & Africa High-Density Polyethylene Market Size, By End-Use Industry, By Value (USD Million), 2018-2028

Table 34: The Middle East & Africa High-Density Polyethylene Market Size, By End-Use Industry, By Volume (KT), 2018-2028

Table 35: 76 The Middle East & Africa High-Density Polyethylene Market Size (USD Million), By Country, By Value 2018-2028 

Table 36: The Middle East & Africa High-Density Polyethylene Market Size (KT), By Country, By Volume 2018-2028 

Table 37        Chevron Phillips Chemical Company Company Overview                              

Table 38        Chevron Phillips Chemical Company Financial Overview                               

Table 39        Dynalab Corp. Company Overview                              

Table 40        Dynalab Corp. Financial Overview                               

Table 41        Exxon Mobil Corporation Company Overview                                   

Table 42        Exxon Mobil Corporation Financial Overview                                    

Table 43        LyondellBasell Industries N.V. Company Overview                            

Table 44        LyondellBasell Industries N.V. Financial Overview                             

Table 45        SINOPEC Beijing Yanshan Company Company Overview                              

Table 46        SINOPEC Beijing Yanshan Company Financial Overview                               

Table 47        Braskem Company Overview                                     

Table 48        Braskem Financial Overview                             

Table 49        Reliance Industries Ltd. Company Overview                                    

Table 50        Reliance Industries Ltd. Financial Overview                                     

Table 51        Formosa Plastics Corporation Company Overview                             

Table 52        Formosa Plastics Corporation Financial Overview                              

Table 53        Daelim Industrial Co. Ltd. Company Overview                                  

Table 54        Daelim Industrial Co. Ltd. Financial Overview                                  

Table 55        Prime Polymer Co. Ltd. Company Overview                                     

Table 56        Prime Polymer Co. Ltd. Financial Overview                            

Table 57        Mitsui Chemicals Inc. Company Overview                              

Table 58        Mitsui Chemicals Inc. Financial Overview                               

Market Segmentation

By Application

  • Pipes and Tubes
  • Rigid Articles
  • Sheets and Films
  • Other Applications

By End-Use Industry

  • Packaging, Transportation
  • Electrical and Electronics
  • Building and Construction
  • Agriculture
  • Industry and Machinery
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
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Frequently Asked Questions (FAQs):

Ans: The global high-density polyethylene (HDPE) market reached 54.7 Million Tons in 2021.
Ans: The growth of the global high-density polyethylene (HDPE) market can be primarily attributed to the soaring demand for polyester fibers coupled with escalating demand for PET from the packaging and bottling industry.
Ans: The key players operating in the global High-Density Polyethylene (HDPE) market 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. and other prominent players.
Ans: The pipes and tubes segment accounted for the largest share in the global high-density polyethylene (HDPE) market.
Ans: Asia-Pacific region is growing in the global high-density polyethylene (HDPE) market at a higher rate.