Global High Density Polyethylene (HDPE) Market

End Users

High density polythene is a polythene thermoplastic formed by polymerization of ethylene obtained from petroleum. Due to its high strength to density ratio, it is used in production of plastic container/bottles, corrosion - resistant pipes. It is highly versatile type of plastic with applications ranges from food packaging, beverage bottles, cosmetics, care products, household goods and technical parts in construction sector.

Market Dynamics

HDPE market is estimated to grow during the forecast period on the account of increasing demand for packaging from various sectors. Also rising demand of its applications such as blow moulded bottles, plumbing boxes etc. will help in growth of the HDPE market. Increasing demand in Food and Beverages sector will further push the demand for HDPE manufactured products which in turn will drive the growth of HDPE market. However, fluctuations in the price of raw materials and the limitations in supply of HDPE in high volume pose a considerable challenge to the manufacturers and is restraining growth of the HDPE market.

Market Segmentation

Market can be segmented on the basis of different procedures that are used to produce different grades of HDPE such as injection moulding, profile extrusion, film and sheet extrusion, pipe extrusion and blow moulding. Blow moulded products capture the large chuck of market owing to the demand of blow moulded bottles used in food and beverages sector which is also estimated to grow in the forecast period. Rising demand for pipes and related products such as electrical and plumbing boxes and telephone ducts in the construction sector will augment the growth of HDPE market. Pipe segment is expected to grow significantly due increase in demand from construction industry in emerging markets such as China, India etc.

Increasing application of HDPE products in niche industries such as fireworks and household products will provide the opportunity for the HDPE market to grow in the years to come. Another application of HDPE is in production of films which includes packaging of film, sacks, bags and others which accounts to around 26.4% of the total market share.

Geographical Analysis

Asia-Pacific is the largest market for HDPE products accounting to around 40% due to the presence of packaging sector in this region. Also increasing government expenditure on infrastructure development in the emerging markets like India and China is expected to further boost the growth of HDPE market over the forecast period. Europe is the next in line followed by North America. The demand for HDPE products in production of film and injection moulding is the main cause of growth in Europe whereas in North American market, the growth is estimated to be sluggish due to saturated market. Latin America is expected to grow due to increase in the end use industries in the region.

Key Players

Key participants in the HDPE market include Dupont, Braskem S.A., BASF SE, Chevron Phillips Chemical Co., Dow Chemical Co., Exxon Mobil Corporation, Formosa Plastics Corporation, LyondellBasell industries NV etc.

Report Contents:

> Global Market segments

> Global Market Drivers, Restraints and Opportunities

> Global Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Global Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>>US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Westren Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastren Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage