High-Density Polyethylene Market Overview and Insights:
According to MarkNtel Advisors Report, the Global High-Density Polyethylene Market is anticipated to grow at a CAGR of around 5% during the forecast period, i.e., 2021-26.
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Key Takeaways: Beneficial for Stakeholders and Clients:
Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-2026
What are the major challenges facing the High-Density Polyethylene Market?
Fluctuation in Petroleum Prices Might Affect the Global High-Density Polyethylene Market Growth During 2021-26
Producing one kilogram of HDPE requires 1.75 kilograms of petroleum (raw material & energy), the price fluctuations of which can affect the cost of HDPE accordingly and hamper the market growth.
Further, HDPE takes a long time to break down & ends up in landfill sites for years. Incineration is required to dispose of HDPE, but it results in harmful gas emissions, which is another crucial aspect likely to hinder the market growth during the forecast period.
Who are the Key Players Operating in the High-Density Polyethylene Industry?
The top companies of the High-Density Polyethylene market ruling the industry are:
LOTTE Chemical Corporation
Borealis AG
The Dow Chemical Company
PetroChina Company Limited
Abu Dhabi Polymers Company Ltd.
Formosa Plastics Corp
LyondellBasell Industries Holdings
Exxon Mobil Corporation
Braskem S.A
Chevron Phillips Chemical Co.
Others
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What is Included in High-Density Polyethylene Market Segmentation?
The report has segmented the market into the following categories:
By Form
Injection Molding
Profile Extrusion
Film and Sheet Extrusion
Pipe Extrusion
Blow MoldingExtrusion Blow Molding
Injection Blow Molding
Injection Stretch Blow Molding
Of these segments, Pipe Extrusion is expected to capture a substantial share of the Global High-Density Polyethylene Market during the forecast period.
By End-User
Packaging
Transportation
Electrical and Electronics
Building and Construction
Agriculture
Industry and Machinery
Other (Pharmaceuticals, Energy, Irrigation, etc)
By Region
North America
South America
Europe
Asia Pacific
Middle East and Africa
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Frequently Asked Questions (FAQs)-
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What are the trends influencing the current scenario of the market?
How has the High-Density Polyethylene industry been evolving in terms of geography & adoption?
Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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