Press release
High Density Polyethylene Market to cross USD 88 billion by 2024
The rapid development of the electronics, construction, and packaging sectors will lead to an upward curve in Global High Density Polyethylene Market. Growing inclination of pharmaceutical companies and hospitals toward using high density polyethylene for medicine bottles and other forms of medicinal packaging will lead increased product demand.
Request for a sample pages from this research@
www.gminsights.com/request-sample/detail/1156
Europe high density polyethylene industry covered more than 20% of the global revenue in 2015 and will record a CAGR of 3% over 2016-2024, driven by the huge expansion of the infrastructural sector in countries such as Spain Germany, and Italy.
Leading manufacturers strive to produce a wide range of product grades to meet the growing demand. Efforts are being undertaken to specially design HDPE grades for customized applications such as telecom ducts, bags, sacks, and high pressure pipes. Notable companies involved in the manufacture of various grades in HDPE market include (Borouge) Abu Dhabi Polymers Company Ltd., PetroChina Company Limited., The Dow Chemical Company, Borealis AG, Braskem S.A., Honam Petrochemical Corporation, Formosa Plastics Corp., Chevron Phillips Chemical Co., and Exxon Mobil Corp.
Blow molded form of HDPE is endowed with favorable properties such as stiffness resistance, impact strength, cracking resistance, and temperature tolerance. It is principally used to manufacture water tanks, dustbins, fuel tanks, ducts, and plastic bottles. Blow molded form accounted for more than 25% of the total high density polyethylene market in 2015, and will grow significantly over the coming years.
Source Report: https://www.gminsights.com/industry-analysis/high-density-polyethylene-HDPE-market
Film & sheet form possesses properties such as flexibility, rigidity, clarity, affordability, and chemical inertness. Film & sheet contributed to more than 20% of the overall high density polyethylene industry share in 2015, and is projected to grow at a rate of 4.5% over 2016-2024.
High density polyethylene market from packaging applications was worth more than USD 16 billion in 2015. With prominent utilization in the cosmetics, pharmaceutical, and F&B sectors, this application segment is set to accrue substantial profits over 2016-2024, especially across Latin America and the U.S.
High density polyethylene industry is slated to observe remarkable gains from numerous sectors, given the widespread scope of these products. For instance, HDPE pipes are highly affordable in terms of material and installation, owing to which they are used for water supply and irrigation in agriculture. HDPE is also used to produce electrical boxes and telephone ducts. The rapid expansion of the construction, transportation, automotive, and packaging sectors will stimulate the industry trends in the years to come.
Make an Inquiry for Purchasing this report@
www.gminsights.com/inquiry-before-buying/1581
In the process of injection molding, plastic is first melted and then injected into a mold under high pressure. This form of HDPE is used to produce electronic components such as cell phones and contributed to more than 15% of the overall market share. HDPE is a key raw material of injection molded plastic market due to its high resistance properties.
About Global Market Insights, Inc.:
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.
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
Web: www.gminsights.com/
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 High Density Polyethylene Market to cross USD 88 billion by 2024 here
News-ID: 643015 • Views: …
More Releases from Global Market Insights, Inc
Point of Care Ultrasound Market Outlook 2021-2025 | Analogic, Canon Medical Syst …
Growing demand for fast and accurate diagnostic tools is expected to drive point of care ultrasound market growth in the ensuing years. Point-of-care ultrasound (POCUS) has become a standard tool in the emergency department, as it answers to specific clinical queries that narrow differentials, guide clinical therapy, and direct consultations and disposition.
Recent technological advancements have led to the development of miniature POCUS that range from stationary high-end systems to small…
Medical Tourism Market Forecast 2027 By Top Players Asklepios, KPJ Healthcare Bh …
Medical Tourism Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Every year millions of people travel abroad seeking medical treatment and efficient surgical procedures such as cosmetic surgery, cardiovascular surgery, orthopedic and dental surgery which is referred to…
Medical X-ray Market Outlook 2021-2027 | Top Players Siemens Healthcare, GE Heal …
Medical X-ray Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Researchers at Northwestern University have designed a new AI-based platform that analyses lung X-rays and detects COVID-19. The machine-learning (ML) algorithm, named DeepCOVID-XR, was able to outperform a…
Biosensors Market 2021 by Top Industry Players Abbott Laboratories, Bio-Rad Inte …
Biosensors Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Rising incidences of several serious disorders among the global population has evoked the need to detect these at early stages in order to obtain appropriate treatment on time. This…
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…
