High-Density Polyethylene Market 2023 - Size, Share, Industry Analysis And Report Forecast To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's High-Density Polyethylene Global Market Report 2023 identifies unique set of properties of PE-HD (high-density polyethylene), such as lightweight, impact resistance, flexibility, and the ability to resist low temperatures as the major driver for the High-Density Polyethylene market's growth in the forecast period. 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 industries. HDPE pipe is environmentally sustainable because it is non-toxic, corrosion and chemical resistant and has a long lifespan.

The global high-density polyethylene market size will grow from $91.73 billion in 2022 to $100.99 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global high-density polyethylene is expected to grow from $145.5 billion in 2027 at a CAGR of 9.6%.

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Major competitors in the High-Density Polyethylene market are Asahi Kasei Corp., Braskem S.A, Chevron Phillips Chemical Co., Dow Chemical Co., Exxon Mobil Corp.

A key trend in the High-Density Polyethylene market includes investing heavily to increase the sustainability of PE-HD. Companies are making efforts to use environmentally safe raw materials while maintaining the quality and safety standards of their products. Following the trend, for instance, Chevron Phillips Chemical is one of the top suppliers of polyethylene in the world. It provides high-density (HDPE), medium-density (MDPE), low-density (LDPE), linear low-density (LLDPE), metallocene, and masterbatches for a broad range of applications, including pressure pipes, soap and detergent bottles, flexible packaging, coatings and laminations, films, and more.

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The High-Density Polyethylene market is segmented -

• By Product Type: PE 63, PE 80, PE 100
• By Application: Oil & Gas Pipe, Agricultural Irrigation Pipe, Water Supply Pipe, Sewage System Pipe, Other Applications
• By End User Industry: Packaging, Building and Construction, Agriculture, Automotive, Other End Use Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the High-Density Polyethylene market.

The Business Research Company's "Global High-Density Polyethylene Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The High-Density Polyethylene Market Include:

1. Executive Summary
2. High-Density Polyethylene market Characteristics
3. High-Density Polyethylene market Trends And Strategies
4. High-Density Polyethylene Market - Macro Economic Scenario
5. High-Density Polyethylene market Size And Growth
………………………………..
25. Middle East High-Density Polyethylene market
27. High-Density Polyethylene market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The High-Density Polyethylene market
29. High-Density Polyethylene market Future Outlook and Potential Analysis
30. Appendix

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