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High-Density Polyethylene (HDPE) Market Key Players, Industry Demand, Overview And Supply Chain Analysis, Forecast To 2025

05-21-2020 06:36 PM CET | Science & Education

Press release from: Market Insights Reports

High-Density Polyethylene (HDPE) Market Key Players, Industry

Global High-Density Polyethylene (HDPE) Market Research Report 2020-2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.

The high-density polyethylene (HDPE) market is expected to register a CAGR of over 4% during the forecast period.

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Top Key Players in the Global High-Density Polyethylene (HDPE) Market: Dow, INEOS, SABIC, LyondellBasell Industries Holdings B.V., and Exxon Mobil Corporation, among others.

Key Market Trends

Growing Demand from Pipes and Tubes Application

- HDPE pipes and tubes are used in various industry sectors, such as agriculture, sewage and manholes, marine, cold water supply, mining, fire loops, etc.
- In many countries, these HDPE pipes and tubes are used, due to their high performance and strength properties. The pipes and tubes are manufactured under the recognized standards, such as API, ASTM, AWWA, NSF, AGA, EPA, DNR, DOT, CSA, etc.
- There are a number of undergoing projects, which are using HDPE pipes and tubes, in the medium- to large-scale market.
- The water control projects and several new construction projects are using new multi-layer HDPE pipes.
- This may be a new opportunity in the market, since it saves the cost of expensive bedding materials and delivers higher reliability and durability, thus majorly boosting the market during the forecast period.

Latest Industry News:

DowDuPont HDPE debottleneck on track for mid-2018, EPDM unit end of 2018

May 2018 -NEW YORK (ICIS)--US-based DowDuPont is on track to complete its polyethylene (PE) debottleneck and new elastomers project during 2018, its chief financial offer said on Thursday.

"Looking ahead, our next two projects on the US Gulf Coast are progressing well. The gas phase debottleneck in Louisiana remains on track to be completed mid-year, and our new world-scale specialty elastomers unit in Texas is expected to start up towards year end," said Howard Ungerleider, chief financial officer of DowDuPont.

The debottleneck in St Charles, Louisiana will add 125,000 tonnes/year of bi-modal gas phase high density PE (HDPE).

(Source- icis.com)

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China is Expected to Dominate the Demand in the Asia-Pacific Region

- China is the largest economy in the entire Asia-Pacific, in terms of GDP. The growth in the country remains high, but is gradually diminishing, as the population is aging, and the economy is rebalancing from investment to consumption, manufacturing to services, and external to internal demand.
- Chinas construction industry developed rapidly, due to the central governments push for infrastructure investment, as a means to sustain economic growth. The country stands to be the world's largest manufacturing economy, and owing to this, the country's packaging requirement is huge.
- Despite the volatile growth in the real estate sector, the significant development of rail and road infrastructure by the Chinese government to withstand the expanding industrial and service sectors has resulted in significant growth of the Chinese construction industry in the recent years. As the construction industry is dominated by state-owned enterprises, increased government spending is boosting the industry in the country.
- Moreover, the country witnessed rapid growth in the fast-moving consumer goods (FMCG) market. The growth of the FMCG market was majorly driven by the increased spending on premium and healthier products by the middle-class consumers in the country.
- Furthermore, countries, such as India and Japan, have also been contributing to the growth of the market studied. This is expected to further drive the demand for HDPE market over the forecast period.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global High-Density Polyethylene (HDPE) Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Finally, High-Density Polyethylene (HDPE) Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

Customization of this Report: This High-Density Polyethylene (HDPE) report could be customized to the customer's requirements. Please contact our sales professional (sales@marketinsightsreports.com), we will ensure you obtain the report which works for your needs.

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687

Market Insights Reports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Market Insights Reports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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