Global High-Density Polyethylene Market Trends, Strategies, And Opportunities 2021-2030

High-Density Polyethylene Market Report 2021 - COVID-19 Impact And Recovery

High-Density Polyethylene Global Market Report 2021 – COVID-19 Impact And Recovery

High-Density Polyethylene Market Report

High-Density Polyethylene Global Market Report

The Business Research Company’s High-Density Polyethylene Global Market Report 2021: COVID-19 Impact And Recovery

LONDON, GREATER LONDON, UK, November 8, 2021 /EINPresswire.com/ — According to the new market research report ‘High-Density Polyethylene Global Market Report 2021: COVID-19 Impact And Recovery’ published by The Business Research Company, the high-density polyethylene market size 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%. The unique set of properties of PE-HD (high-density polyethylene) such as lightweight, impact resistance, flexibility, and ability to resist low temperatures serves as the most important drivers for the market.

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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.

Trends In The Global High-Density Polyethylene Market
Companies involved in high-density polyethylene (PE-HD) market are investing heavily to increase sustainability of PE-HD. Companies are putting efforts to use raw materials that are environmentally safe, and simultaneously maintain the quality and safety standards of their products. Following the trend, For instance, Chevron Phillips Chemical is one of the top suppliers of polyethylene in the world. It provides high-density (HDPE), medium-density (MDPE), low-density (LDPE), linear low-density (LLDPE), metallocene, and masterbatches for a broad range of applications including pressure pipe, soap and detergent bottles, flexible packaging, coating and laminations, films, and more.

Global High-Density Polyethylene Market Segments:
The global high-density polyethylene market is further segmented:

By Product Type: PE 63, PE 80, PE 100

By Application: Oil & Gas Pipe, Agricultural Irrigation Pipe, Water Supply Pipe, Sewage System Pipe, Others

By End Use Industry: Packaging, Building And Construction, Agriculture, Automotive, Others

By Geography: The global HDPE market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Report For The Global High-Density Polyethylene Market At:
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High-Density Polyethylene Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides high-density polyethylene market overviews, analyzes and forecasts market size and growth for the global high-density polyethylene market, high-density polyethylene market share, high-density polyethylene market players, high-density polyethylene market segments and geographies, high-density polyethylene market’s leading competitors’ revenues, profiles and market shares. The high-density polyethylene market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Read High-Density Polyethylene Global Market Report 2021 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

High-Density Polyethylene Market Organizations Covered: 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.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Interested to know more about The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

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