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High Density Polyethylene (HDPE) Market Size | Forecast 2031
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High Density Polyethylene (HDPE) Market Size | Forecast 2031

Segments - 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 2023 – 2031

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Author : Riddhesh Dani
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Fact-checked by : Harneet Meher
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Editor : Shruti Bhat

Upcoming | Report ID :MC-3516 | 4.4 Rating | 77 Reviews | 210 Pages | Format : PDF Excel PPT

Report Description


The Global High-density Polyethylene (HDPE) Market size was valued at USD 78 Billion in 2022 and is expected to surpass USD 113.93 Billion by 2031, expanding at a CAGR of 4.3% during the forecast period, 2023 – 2031. The growth of the market is attributed to rising packaging industry.

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.

High-density Polyethylene (HDPE) Market Outlook

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.

  • 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 High-density Polyethylene (HDPE) Market 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

2022

Historic Data

2016–2021

Forecast Period

2023–2031

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 Applications

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 Regions

Segments

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.; Dow’ INEOS; and SABIC

High-density Polyethylene (HDPE) Market Key Players

Table Of Content

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 Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. High-density Polyethylene (HDPE) Market Size and Volume Forecast by Applications
     5.3.1. Pipes & Tubes
     5.3.2. Rigid Articles
     5.3.3. Sheets & Films
     5.3.4. Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global High-density Polyethylene (HDPE) Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. High-density Polyethylene (HDPE) Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global High-density Polyethylene (HDPE) Demand Share Forecast, 2019-2026
7. North 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
  7.2. North America High-density Polyethylene (HDPE) Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America High-density Polyethylene (HDPE) Market Size and Volume Forecast by Applications
     7.4.1. Pipes & Tubes
     7.4.2. Rigid Articles
     7.4.3. Sheets & Films
     7.4.4. Others
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America High-density Polyethylene (HDPE) Demand Share Forecast, 2019-2026
8. Latin America 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. Latin America Average Pricing Analysis
  8.2. Latin America High-density Polyethylene (HDPE) Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America High-density Polyethylene (HDPE) Market Size and Volume Forecast by Applications
     8.4.1. Pipes & Tubes
     8.4.2. Rigid Articles
     8.4.3. Sheets & Films
     8.4.4. Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America High-density Polyethylene (HDPE) Demand Share Forecast, 2019-2026
9. Europe 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. Europe Average Pricing Analysis
  9.2. Europe High-density Polyethylene (HDPE) Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe High-density Polyethylene (HDPE) Market Size and Volume Forecast by Applications
     9.4.1. Pipes & Tubes
     9.4.2. Rigid Articles
     9.4.3. Sheets & Films
     9.4.4. Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe High-density Polyethylene (HDPE) Demand Share Forecast, 2019-2026
10. Asia Pacific 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. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific High-density Polyethylene (HDPE) Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific High-density Polyethylene (HDPE) Market Size and Volume Forecast by Applications
     10.4.1. Pipes & Tubes
     10.4.2. Rigid Articles
     10.4.3. Sheets & Films
     10.4.4. Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific High-density Polyethylene (HDPE) Demand Share Forecast, 2019-2026
11. Middle East & Africa High-density Polyethylene (HDPE) Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa High-density Polyethylene (HDPE) Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa High-density Polyethylene (HDPE) Market Size and Volume Forecast by Applications
     11.4.1. Pipes & Tubes
     11.4.2. Rigid Articles
     11.4.3. Sheets & Films
     11.4.4. Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa High-density Polyethylene (HDPE) Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global High-density Polyethylene (HDPE) Market: Market Share Analysis
  12.2. High-density Polyethylene (HDPE) Distributors and Customers
  12.3. High-density Polyethylene (HDPE) Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Exxon Mobil Corporation
     12.4.2. LyondellBasell Industries Holdings B.V.
     12.4.3. Dow
     12.4.4. INEOS
     12.4.5. SABIC

Methodology

Our Clients

sinopec
Siemens Healthcare
The John Holland Group
Dassault Aviation
Nestle SA
FedEx Logistics
General Mills
General Electric