High-density Polyethylene (HDPE) Market

High-density Polyethylene (HDPE) Market by Applications (Pipes & Tubes, Rigid Articles, Sheets & Films, and Others), End-users (Packaging, Transportation, Electrical & Electronics, Building & Construction, Agriculture, Industry & Machinery, and Others), and Geography (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: MC-3516
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 210
  • Format:
  • Pub. Date: Upcoming
  • Share:

The global high-density polyethylene (HDPE) market size was valued at USD 45 million in 2020 and is expanding at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to rising packaging industry.

High-density Polyethylene (HDPE) Market

HDPE is a medium strength plastic with a crystalline structure. It is a robust, low-cost material with excellent processability and exhibits properties that make it perfect for packaging and manufacturing applications. It is more durable than normal polyethylene.  HDPE has a strong moisture barrier and stays solid at room temperature. Furthermore, it's insect, rot, and chemical resistant. HDPE does not generate harmful emissions throughout the manufacturing process or when it is used by end-users. It does not release any toxic chemicals into the land or water. The COVID-19 pandemic has had a huge impact in 2020 due to slowdown in the construction industry, which is one of the major end-user industries of HDPE.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising number of online food delivery platforms is driving the market growth.
  • Growing demand from water irrigation systems in the agricultural industry is estimated to propel the market expansion.
  • Increasing environmental problems due to the production and degradation of HDPE is expected to hamper the market growth during the forecast period.
  • Expanding Internet penetration and the developing e-commerce sector are anticipated to provide lucrative opportunities for the high-density polyethylene (HDPE) market.

Scope of the Report

The report on the global high-density polyethylene (HDPE) market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

High-density Polyethylene (HDPE) Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Applications (Pipes & Tubes, Rigid Articles, Sheets & Films, and Others) and End-users (Packaging, Transportation, Electrical & Electronics, Building & Construction, Agriculture, Industry & Machinery, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Exxon Mobil Corporation; LyondellBasell Industries Holdings B.V.; Dow’ INEOS; and SABIC

High-density Polyethylene (HDPE) Market Segment Insights

Pipes & tubes segment is expected to grow at a rapid pace

Based on applications, the market is divided into pipes & tubes, rigid articles, sheets & films, and others. The pipes & tubes segment is expected to grow at a rapid pace during the forecast period due to increasing utilization of HDPE pipes and tubes in various industry sectors, such as agriculture, cold water supply, sewage and manholes, marine, and mining, fire loops. Moreover. HDPE pipe has several properties such as good strength, good internal, and water hammer pressure. It also provides enhance results in aggressive soils, low maintenance, and earthquake, lower installation costs and lightweight, impact resistance, and flexibility. However, the sheets & films segment is anticipated to hold a key share of the market in the coming years attributed to innovation and technological advancements.

High-density Polyethylene (HDPE) Market

Transportation segment is projected to expand at a considerable CAGR

On the basis of end-users, the market is segregated into packaging, transportation, electrical & electronics, building & construction, agriculture, industry & machinery, and others. The transportation segment is projected to expand at a considerable CAGR during the forecast period as HDPE products are non-corrosive in nature and it is convenient for transportation. On the other hand, the packaging, segment is anticipated to account for a major market share during the forecast period owing to increasing Internet penetration and the developing e-commerce sector.

Asia Pacific is anticipated to constitute a key market share

In terms of regions, the global high-density polyethylene (HDPE) market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to constitute a key share of the market during the projected period due to rapid development of construction industry in China. Moreover, the country has the world's prominent manufacturing economy, and as a result, the country’s packaging requirement is huge. However, the market in North America is anticipated to expand at a rapid pace during the forecast period owing to growth in use of HDPE in industrial sectors, including food packaging, cosmetics, and technical parts.

High-density Polyethylene (HDPE) Market

Segments

Segments Covered in the Report

The global high-density polyethylene (HDPE) market has been segmented on the basis of

Applications

  • Pipes & Tubes
  • Rigid Articles
  • Sheets & Films
  • Others

 End-users

  • Packaging
  • Transportation
  • Electrical & Electronics
  • Building & Construction
  • Agriculture
  • Industry & Machinery
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Exxon Mobil Corporation
  • LyondellBasell Industries Holdings B.V.
  • Dow
  • INEOS
  • SABIC

Competitive Landscape

The high-density polyethylene market is consolidated in nature. Key players competing in the global high-density polyethylene (HDPE)  market are Exxon Mobil Corporation; LyondellBasell Industries Holdings B.V.; DowINEOS; and SABIC

High-density Polyethylene (HDPE) Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High-density Polyethylene (HDPE) Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. High-density Polyethylene (HDPE) Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. High-density Polyethylene (HDPE) Market - Supply Chain
  4.5. Global High-density Polyethylene (HDPE) Market Forecast
     4.5.1. High-density Polyethylene (HDPE) Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. High-density Polyethylene (HDPE) Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. High-density Polyethylene (HDPE) Market Absolute $ Opportunity
5. Global High-density Polyethylene (HDPE) Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. High-density Polyethylene (HDPE) Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global High-density Polyethylene (HDPE) Demand Share Forecast, 2019-2026
6. North America High-density Polyethylene (HDPE) Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America High-density Polyethylene (HDPE) Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America High-density Polyethylene (HDPE) Demand Share Forecast, 2019-2026
7. Latin America High-density Polyethylene (HDPE) Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America High-density Polyethylene (HDPE) Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America High-density Polyethylene (HDPE) Demand Share Forecast, 2019-2026
8. Europe High-density Polyethylene (HDPE) Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe High-density Polyethylene (HDPE) Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe High-density Polyethylene (HDPE) Demand Share Forecast, 2019-2026
9. Asia Pacific High-density Polyethylene (HDPE) Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific High-density Polyethylene (HDPE) Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific High-density Polyethylene (HDPE) Demand Share Forecast, 2019-2026
10. Middle East & Africa High-density Polyethylene (HDPE) Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa High-density Polyethylene (HDPE) Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa High-density Polyethylene (HDPE) Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global High-density Polyethylene (HDPE) Market: Market Share Analysis
  11.2. High-density Polyethylene (HDPE) Distributors and Customers
  11.3. High-density Polyethylene (HDPE) Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Segments Covered in the Report

The global high-density polyethylene (HDPE) market has been segmented on the basis of

Applications

  • Pipes & Tubes
  • Rigid Articles
  • Sheets & Films
  • Others

 End-users

  • Packaging
  • Transportation
  • Electrical & Electronics
  • Building & Construction
  • Agriculture
  • Industry & Machinery
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Exxon Mobil Corporation
  • LyondellBasell Industries Holdings B.V.
  • Dow
  • INEOS
  • SABIC

The high-density polyethylene market is consolidated in nature. Key players competing in the global high-density polyethylene (HDPE)  market are Exxon Mobil Corporation; LyondellBasell Industries Holdings B.V.; DowINEOS; and SABIC

High-density Polyethylene (HDPE) Market

Buy Report