18:36 | 01.04.2020
Global High-Density Polyethylene Market 2020 – Benchmark Performance Against Key Competitors – ResearchAndMarkets.com
The “High-Density Polyethylene Global Market Report 2020” report has been added to ResearchAndMarkets.com’s offering.
The global high-density polyethylene market was worth $106.29 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 8% and reach $148.53 billion by 2023.
The high-density polyethylene market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. The Asia-Pacific high-density polyethylene market was the largest in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 3.6%.
High-Density Polyethylene Market Global Report 2020 from the author provides the strategists, marketers and senior management with the critical information they need to assess the global high-density polyethylene (pe-hd) market.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market research findings.
Benchmark performance against key competitors.
Utilize the relationships between key data sets for superior strategizing.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
The high-density polyethylene market covered in this report is segmented by type into PE 63, PE 80, PE 100. It is also segmented by application into oil & gas pipe, agricultural irrigation pipe, water supply pipe, sewage system pipe, others. It is also segmented By End Use Industry into packaging, building and construction, agriculture, automotive, others
The unique set of properties of PE-HD (high-density polyethylene) such as lightweight, impact resistance, flexibility, and ability to resist low temperatures serves as the most important drivers for the market. These properties have increased demand for PE-HD in end-user industries such as manufacturing, energy, geothermal, marine, mining, landfill, HVAC, gas, oil, mining and agricultural industry. HDPE pipe is environmentally sustainable because it is non-toxic, corrosion and chemical resistant, has a long lifespan. According to Pipeline & Gas Journal in 2016, large number of oil and gas companies are exploring plastic pipe as an alternative for pipeline transportation to reduce operative expenses as they are corrosion-resistant, flexible, and lightweight.
Companies involved in high-density polyethylene (PE-HD) market are investing heavily to increase sustainability of PE-HD. Companies are putting efforts to use raw materials that are environmentally safe, and simultaneously maintain the quality and safety standards of their products. Following the trend, in 2017, SCG Chemicals proposed the use of lightweight EL-LeneTM HDPE H568JA for carbonated soft drink bottle caps. EL-LeneTM HDPE H568JA is an insoluble, recyclable high-density polyethylene (PE-HD) grade that consumes low raw material and energy for production. The product has been certified by European Union (EU) Food Contact Commission and US Food and Drug Administration (USFDA) as well.
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global High-Density Polyethylene Forecast Market, 2019 – 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4.2. Global High-Density Polyethylene Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Oil & Gas Pipe
Agricultural Irrigation Pipe
Water Supply Pipe
Sewage System Pipe
4.3. Global High-Density Polyethylene Market, Segmentation By End Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Building And Construction
5.2. Global High-Density Polyethylene Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Chevron Phillips Chemical Co.
Dow Chemical Co.
Exxon Mobil Corp.
Formosa Plastics Corp.
LyondellBasell industries NV
PetroChina Company Limited
Abu Dhabi Polymers Company Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/gv1hgm
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