The global high-density polyethylene market is expected to grow from $72.5 billion in 2020 to $87.23 billion in 2021 at a compound annual growth rate (CAGR) of 20.3%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $101.29 billion in 2025 at a CAGR of 4%.
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The high-density polyethylene market consists of the sales of high-density polyethylene and its related services used in pipes systems, toys, and plastic containers. High-density polyethylene is a plastic polymer with flexible properties. PE-HD has high density, and is resistant to impact and chemicals, hence it is widely used in healthcare and laboratory environments. PE-HD is also used in heave-duty damp proof membranes, flexible bags, and films.
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The high-density polyethylene market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the high-density polyethylene market are Asahi Kasei Corp., Braskem S.A., Chevron Phillips Chemical Co., Dow Chemical Co., Exxon Mobil Corp., Formosa Plastics Corp., LyondellBasell industries NV , Borealis AG, PetroChina Company Limited, Abu Dhabi Polymers Company Ltd.
The global high-density polyethylene market is segmented –
1) By Product Type: PE 63, PE 80, PE 100
2) By Application: Oil & Gas Pipe, Agricultural Irrigation Pipe, Water Supply Pipe, Sewage System Pipe, Others
3) By End Use Industry: Packaging, Building And Construction, Agriculture, Automotive, Others
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The high-density polyethylene market report describes and explains the global high-density polyethylene market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The high-density polyethylene report evaluates the market across each region and for the major economies within each region.
The countries covered in the global high-density polyethylene market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global high-density polyethylene market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- High-Density Polyethylene Market Characteristics
- High-Density Polyethylene Market Product Analysis
- High-Density Polyethylene Market Supply Chain
- Key Mergers And Acquisitions In The High-Density Polyethylene Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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