Demand for High Density Polyethylene Is Primarily Fueled by Growth in Plastic Packaging

High density polyethylene (HDPE) is a major polyethylene product consumed globally. These products are used in a broad range of applications across the globe. Commercially available high density polyethylene products include blow molding, pipe and extrusion, film and sheet, injection molding, and others.


Albany, NY -- (SBWIRE) -- 06/02/2016 -- Demand for high density polyethylene is primarily due to growth in the packaging and agriculture industries across the globe. Asia Pacific dominates the global market for high density polyethylene. This report analyzes, estimates, and forecasts demand for high density polyethylene on a global and regional level for eight-year period from 2015 to 2023 in terms of volume and revenue. The report also provides information on restraints, drivers, and opportunities along with their impact on the overall market during the forecast period. The report segments the market based on application and region and offers estimates and forecast of the high density polyethylene market for each segment.

The study analyzes the product value chain, beginning with feedstock up to end-use. Additionally, it evaluates the market based on Porter's Five Forces Model, which analyzes the degree of competition in the market by considering factors such as bargaining power of buyers and suppliers and threat of substitute products and new entrants. The report includes a detailed competitive landscape of the high density polyethylene market. It comprises market share analysis of companies and profiles of key market participants.

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Inflation is not a part of pricing in the report. Prices of high density polyethylene vary across each region. Considering that different end-users use different types of products, pricing for each application varies according to regions while estimating and forecasting market revenue on the global basis. The regional average price has been considered while breaking down the market by end-user application in each region. The market size of the global high density polyethylene market has been presented in terms of both volume and revenue. Market volume is provided in kilo tons, while market revenue is in US$ Mn. Market numbers are provided based on product types and applications in the context of the global and regional market. Numbers provided in the report are derived based on demand for high density polyethylene in various end-user industries across different regions. All prices have been considered as FOB prices. Market revenue has been calculated based on sales and consumption trends. All US$ exchange rates are as of 2014. Regional consumption pattern has been considered while estimating the market for various end-users of high density polyethylene in different regions. Company market share has been derived by considering numerous factors such as sales and revenues, capacities, geographical presence, integration across value chain, information available through primary research, and similar other factors. The market has been forecast based on constant currency rates. Packaging segment includes storage containers, food containers, films, caps & closures, personal care packaging, bottles, and drink cups.

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The report provides a decisive view of the high density polyethylene market by segmenting the market based on product types and applications. Product segments analyzed in this report include blow molding, pipe & extrusion, film & sheet, injection molding, and others (including rotomolding). Based on applications, the high density polyethylene market is segmented into agriculture, building & construction, automotive, packaging, and others (industrial, consumer goods, etc.). These application segments have been analyzed based on present and future trends, and the market has been estimated from 2015 to 2023.

The high density polyethylene market is segmented based on geography into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In terms of revenue and consumption, the high density polyethylene market for each application type and each of these regions has been forecast in the report for the period from 2014 to 2023.

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Leading manufacturers profiled in the report include Chevron Phillips Chemical Company, Exxon Mobil Industries, LyondellBasell Industries N.V., INEOS Olefins and Polymers, and The Dow Chemical Company. These companies are profiled in detail with features such as company overview, financial overview, business strategies, SWOT analysis, and recent developments.

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