Topographical Trends pertaining to High Density Polyethylene Market over 2016-2024
High investments in the construction sector, the rise in crude oil production, and booming infrastructural growth is projected to spur Asia Pacific high density polyethylene (HDPE) Market size over the coming timeframe, having accounted for over 40% of the overall revenue in 2015. China and India are likely to be the regional revenue drivers.
Request for sample of this report@
Europe high density polyethylene market, which accounted for over 20% of the overall revenue in 2015, is projected to grow at a rate of 3% over the period of 2016 to 2024. Extensive applications of the blow molding technology as a result of thriving telecommunication, automotive, and electronics sectors will drive the regional share. Italy, Spain, and Germany are anticipated to be the major regional growth drivers.
Large-scale presence of pharmaceutical, food & beverages, and personal care companies is projected to boost North America high density polyethylene (HDPE) industry revenue over the coming seven years. The U.S. is forecast to be a prime contributor in the regional landscape.
High Density Polyethylene (HDPE) market value is expected to witness a noticeable surge over the coming timeframe, driven by the escalating product demand across the packaging, agriculture, automotive, and building & construction sectors. Besides, the product also finds wide applications in fireworks, 3-D printer filament, household goods, plastic bags, stone paper, corrosion-resistant piping, wood plastic composites, beverage bottles, geomembranes, backpacking frames, food storage containers, banners, bottle caps, and ballistic plates.
High spending on household goods across the emerging economies, owing to rising consumer consciousness and the increase in per capita income is expected to promote high density polyethylene (HDPE) industry development over the coming seven years. Household goods sector is witnessing a booming growth across various APAC regions such as China and India. The flourishing food & beverages sector is also expected to drive the market revenue over 2016-2024.
Make an inquiry to purchase this report@
High density polyethylene Market size in the packaging sector, worth USD 16 billion in 2015, is projected to grow significantly over the years to come. Enhanced product use for packaging purposes across the cosmetic, pharmaceuticals, and food & beverages sectors will substantially drive market growth. High density polyethylene (HDPE) market size in the agriculture sector is expected to witness a notable growth over the period of 2016 to 2024. This growth can be attributed to extensive product usage, driven by its excellent corrosion resistance features.
Market players will try to increase their ROI as well as regional presence through product innovations, strategic alliances, and high R&D investments. Abu Dhabi Polymers Company Limited,
PetroChina Company Limited,
The Dow Chemical Company,
Chevron Phillips Chemical Company,
Exxon Mobil Corporation,
Honam Petrochemical Corporation,
LyondellBasell Industries NV,
Formosa Plastics Corporation
are the key players of high density polyethylene Market.
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.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
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 Topographical Trends pertaining to High Density Polyethylene Market over 2016-2024 here
News-ID: 677481 • Views: 306
More Releases from Global Market Insights Inc.
Steam Autoclaves Market | Insights and Forecast Research Report 2024
The steam autoclave market size is expected to exceed more than US$ 3.1 Billion by 2024, Growing at a CAGR of more than 8.7% in the given forecast period. The extensive use of sterilizing surgical equipment in pharmaceutical and biomedical applications has been propelling steam autoclaves market share over the last few years. The primary reason for the massive deployment of these products in medical applications is the nontoxic and
Advanced Wound Care Market 2019 | Growth, Status and Forecast by 2025
The global advanced wound care market size is expected to reach USD 13.5 billion by 2025, at a CAGR of 5.0% during the forecast period, according to a new report by Global market insights, Inc. Europe advanced wound care market will experience 5.0% growth during the analysis period. Germany, UK, and France represents mature markets in Europe while Spain, Netherland, Belgium, Austria are forecasted to witness high CAGR. Aging demographics
Vascular Graft Market | Industry Analysis, Size, Share, Growth by 2024
Vascular graft market size is anticipated to exceed US$ 3.6 bn by 2024, states Global Market Insights, Inc. in its latest research report. Prominent industries involved in vascular graft market are Becton Dickinson (C.R. Bard), B. Braun, Cryolife (Jotec), Cook Medical, Endologix, Getinge AB, LeMaitre Vascular, Medtronic PLC, Terumo GmbH and W.L. Gore and Associates. These prominent business players are focusing on strategic mergers, new product launch and acquisitions to
Pharmacovigilance Outsourcing Market 2019 | Dynamics, Forecast, Analysis and Sup …
U.S. pharmacovigilance outsourcing market size dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug
More Releases for HDPE
HDPE Pipe Market Report: Trends, Forecast and Competitive Analysis
According to a new market report published by Lucintel, the future of the global HDPE (High Density Poly Ethylene) pipe market looks promising with opportunities in potable water, wastewater, oil and gas, and irrigation sectors. The global HDPE pipe market is expected to reach an estimated $22.4 billion by 2024 and is forecast to grow at a CAGR of 3.8% from 2019 to 2024. The major growth drivers for this
HDPE Blow Molding and Injection Molding Containers Market 2026
Due to its intrinsic physical and mechanical properties, high density polyethylene (HDPE) is highly used as packaging materials in different industries including food, beverages, pharmaceuticals, cosmetics, homecare, chemicals, and petrochemicals. Urbanization, changing consumer preferences, and expanding middle class have significantly contributed to the rising demand for consumer goods. Increased demand for consumer goods has, in turn, revolutionized the packaging industry, especially plastic packaging. Polyethylene is most commonly used in the packaging
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
HDPE Pipes Market Overview and Forecast Report 2017 to 2022
Global HDPE Pipes revenue, share, overview, industry chain structure, types, applications,demand and projections to 2022. For this report, the HDPE Pipes value is provided for 2016 in USD millions, an expected CAGR % as well as USD million worth of industry in 2022. Regionally, the globe is segmented into United States, China, Europe, Japan, Southeast Asia and India to study their market size and local analysis. End user applications of HDPE
Global HDPE Packaging Market: Key vendors - Amcor, Bemis, Berry Plastics
Latest industry research report on: Global HDPE Packaging Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts HDPE packaging is used in industries such as food, beverage, pharmaceuticals, and consumer goods. Its properties of stiffness, moldability, and chemical resistance make it suitable for use in making various types of packaging including bottles, containers, cartons, bags, and others. Almost 70% of HDPE produced is used in packaging,
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,