openPR Logo
Press release

What are the major factors driving High Density Polyethylene Market size until 2024?

05-18-2021 02:40 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: global market insights

High Density Polyethylene Market

High Density Polyethylene Market

Global Market Insights, Inc., estimates that the high density polyethylene market may exceed USD 80 billion by 2024. Increasing application across automotive, agriculture, construction and packaging industries is expected to impel the demand for high density polyethylene (HDPE) over the coming years, consequently offering a decent boost its market outlook. Rising trend and requirement for rigid packaging solutions in regions like Europe and North America, especially for consumer goods, could fuel the demand for HDPE.

Generally, high density polyethylene is made of ethylene, which is a petroleum-based product. HDPE is available in several forms including injection molded, film & sheet, pipe & extruded and blow molded. Given to its crucial application in notebook covers, HDPE market from the film & sheets segment is estimated to grow at a rate of over 4.5% over the forecast period. Plastic bottles are also made from HDPE, and their demand is likely to rise in expansive beverage industry.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/1156

Companies operating in the high density polyethylene market are developing new, advanced products and solutions that cater to requirement for high-quality goods. For instance, in 2019, SIGMA Corporation announced the launch of its new, customizable HDPE oil/water separator manufactured in the U.S. and made using high quality, black high-density polyethylene recycled resin. With such developments,

How is the packaging industry contributing towards high density polyethylene market growth?

Growing demand for packaged foods is increasing the demand for high density polyethylene. Rising disposable income of people along with rising consumption of packaged foods, pharmaceuticals and personal care products is expected to propel the overall industry. The packaging industry accounted for a dominant market share of more than USD 16 billion in 2015 and is likely to grow steadily over the coming years.

How is the construction sector driving high density polyethylene market expansion?

The construction segment is witnessing rapid expansion owing to the rising global infrastructure sector and strong economic condition of countries. Construction projects in developing and developed regions is anticipated to drive product demand across the world, as is the usage of HDPE for plastic pipes in buildings.

Request for customization @ https://www.gminsights.com/roc/1156

How is HDPE helping the automotive sector?
The automotive industry benefits largely from HDPE during the manufacturing process. Adoption of HDPE helps in reducing the fuel consumption in vehicles, which is an important factor that customers check before purchasing newer vehicles.
High density polyethylene also decreases the level of pollutant emission, which is likely to boost segmental growth. In 2019, producer of plastics resins and chemicals, Formosa Plastics Corporation, announced the continuing construction efforts of its expansion units at different locations in the U.S.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release What are the major factors driving High Density Polyethylene Market size until 2024? here

News-ID: 2286052 • Views:

More Releases from global market insights

Acoustic Diaphragm Market slated to observe traction for polypropylene material in earphones & loudspeakers
Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers. Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several
How will increasing demand for stainless steel transform the Ferroalloys Market outlook?
How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies. Meanwhile, yet other company, Boston Metal has declared having raised over USD 20
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future Prospects and Forecast 2024
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses. Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet

All 5 Releases


More Releases for HDPE

Geomembrane manufacturer, HDPE geomembrane factory, geosynthetics supplier
MTTVS® Geosynthetics company specializes in research ,development,production,promotion and application of geosynthetics.And is the world's leading supplier of geosynthetics. Founded in 2014,located in Shandong China.With ISO9001,ISO14001,ISO45001 international authoritative management system certification of powerful large manufucture.We have more than 10 international advanced equipment production lines and a huge professional engineering and technical team.and has successfully consolideated and developed core markets to maximize value for customers.Through the processing of synthetic raw materials.we develop,manufacture
hdpe geomembrane liner fabric manufacturer,geotextile manufacturer Company,HDPE …
GD Geosynthetics Company is a comprehensive processing enterprise of composite geosynthetics, geotextiles, geomembranes, geogrids, geounits, three-dimensional composite drainage nets, ecological bags, drainage boards. High-level management, high-level scientific research team, conform to the trend of domestic and international chemical fiber market, constantly innovate and update, cater to the market and meet the needs of consumers. Gained the trust of consumers. Geosynthetics are widely used in anti-seepage treatment of roads, bridges, reservoirs, tunnels,
Polyethylene (HDPE, LDPE, LLDPE) Market 2021 | Detailed Report
Polyethylene (HDPE, LDPE, LLDPE) Market Forecasts report provided to identify significant trends, drivers, influence factors in global and regions, agreements, new product launches and acquisitions, Analysis, market drivers, opportunities and challenges, risks in the market, cost and forecasts to 2027. Download FREE Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5257670 The report provides a comprehensive analysis of company profiles listed below: - BASF - Dow Chemicals - LyondellBasell - DuPont - Huntsman - INEOS - SABIC - LG Chem - Borealis - ExxonMobil Chemical - GE
Global High-density Polyethylene (HDPE) Market -Surging Demand from Packaging In …
Scope of the Report: This report focuses on the High-density Polyethylene (HDPE) in global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications. Surging Demand from Packaging Industry to Boost Global High Density Polyethylene Market .Plastic packaging needs a large volume of the high density polyethylene as it is a core plastic in rigid packaging. Nearly
Research Focuses on Global HDPE Geomembrane
HDPE Geomembrane Report by Material, Application, and Geography – Global Forecast to 2021 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the HDPE Geomembrane basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures,
Global HDPE Decking Market Research Report 2017
HDPE Decking Revenue, means the sales value of HDPE Decking This report studies HDPE Decking in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering UPM Kymmene Universal Forest Products Advanced Environmental Recycling Technologies Fiberon Azek Building Products Cardinal Building Products Certainteed Corporation Duralife Decking and Railing