High-Density Polyethylene Market Research Report – Global Forecast till 2030

High-Density Polyethylene Market: Information by Product Type (Injection Molded, Blow Molded, HDPE Pipes, HDPE Films), End-Use Industry (Packaging, Building & Construction, Automotive, Consumer Goods), and Region — Global Forecast till 2030

ID: MRFR/CnM/5845-HCR | February 2021 | Region: Global | 140 Pages         

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of Buyers

4.1.3 Bargaining power of Suppliers

4.1.4 Threat of Substitutes

4.1.5 Segment Rivalry

4.2 Value Chain/Supply Chain of Global High-Density Polyethylene Market

4.3 Pricing Analysis

4.4 Trade Analysis

5 Industry Overview of Global High-Density Polyethylene Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

7. Global High-Density Polyethylene Market, by Product Type

7.1 Introduction

7.2 Blow Molded HDPE

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast, by Region, 2020–2027

7.3 Injection Molded HDPE

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast, by Region, 2020–2027

7.4 HDPE Pipes

7.4.1 Market Estimates & Forecast, 2020–2027

7.4.2 Market Estimates & Forecast, by Region, 2020–2027

7.5 HDPE Sheets

7.5.1 Market Estimates & Forecast, 2020–2027

7.5.2 Market Estimates & Forecast, by Region, 2020–2027

7.6 HDPE Films

7.6.1 Market Estimates & Forecast, 2020–2027

7.6.2 Market Estimates & Forecast, by Region, 2020–2027

7.7 Colored HDPE

7.7.1 Market Estimates & Forecast, 2020–2027

7.7.2 Market Estimates & Forecast, by Region, 2020–2027

7.8 Others

7.8.1 Market Estimates & Forecast, 2020–2027

7.8.2 Market Estimates & Forecast, by Region, 2020–2027

8. Global High-Density Polyethylene Market, by End-Use Industry

8.1 Introduction

8.2 Packaging

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast, by Region, 2020–2027

8.3 Automotive

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, by Region, 2020–2027

8.4 Building & Construction

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast, by Region, 2020–2027

8.5 Consumer Goods

8.5.1 Market Estimates & Forecast, 2020–2027

8.5.2 Market Estimates & Forecast, by Region, 2020–2027

8.6 Healthcare

8.6.1 Market Estimates & Forecast, 2020–2027

8.6.2 Market Estimates & Forecast, by Region, 2020–2027

8.7 Electrical & Electronics

8.7.1 Market Estimates & Forecast, 2020–2027

8.7.2 Market Estimates & Forecast, by Region, 2020–2027

8.8 Industrial Machinery

8.8.1 Market Estimates & Forecast, 2020–2027

8.8.2 Market Estimates & Forecast, by Region, 2020–2027

8.9 Others

8.9.1 Market Estimates & Forecast, 2020–2027

8.9.2 Market Estimates & Forecast, by Region, 2020–2027

9. Global High-Density Polyethylene Market, by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020–2027

9.2.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.2.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.2.4 US

9.2.4.1 Market Estimates & Forecast, 2020–2027

9.2.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.2.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.2.5 Canada

9.2.5.1 Market Estimates & Forecast, 2020–2027

9.2.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.2.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020–2027

9.3.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.3.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, 2020–2027

9.3.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.3.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.3.5. France

9.3.5.1 Market Estimates & Forecast, 2020–2027

9.3.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.3.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast, 2020–2027

9.3.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.3.6.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.3.7 Spain

9.3.7.1 Market Estimates & Forecast, 2020–2027

9.3.7.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.3.7.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.3.8 UK

9.3.8.1 Market Estimates & Forecast, 2020–2027

9.3.8.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.3.8.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.3.9 Russia

9.3.9.1 Market Estimates & Forecast, 2020–2027

9.3.9.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.3.9.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.3.10 Poland

9.3.10.1 Market Estimates & Forecast, 2020–2027

9.3.10.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.3.10.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, 2020–2027

9.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.4.4 China

9.4.4.1 Market Estimates & Forecast, 2020–2027

9.4.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.4.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.4.5 India

9.4.4.1 Market Estimates & Forecast, 2020–2027

9.4.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.4.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.4.6 Japan

9.4.5.1 Market Estimates & Forecast, 2020–2027

9.4.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.4.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.4.7 Australia

9.4.7.1 Market Estimates & Forecast, 2020–2027

9.4.7.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.4.7.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.4.8 New Zealand

9.4.8.1 Market Estimates & Forecast, 2020–2027

9.4.8.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.4.8.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.4.9 Rest of Asia-Pacific

9.4.9.1 Market Estimates & Forecast, 2020–2027

9.4.9.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.4.9.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2020–2027

9.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.5.4 Turkey

9.5.4.1 Market Estimates & Forecast, 2020–2027

9.5.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.5.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.5.5 Israel

9.5.5.1 Market Estimates & Forecast, 2020–2027

9.5.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.5.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.5.6 North Africa

9.5.6.1 Market Estimates & Forecast, 2020–2027

9.5.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.5.6.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.5.7 GCC

9.5.7.1 Market Estimates & Forecast, 2020–2027

9.5.7.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.5.7.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.5.8 Rest of the Middle East & Africa

9.5.8.1 Market Estimates & Forecast, 2020–2027

9.5.8.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.5.8.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2020–2027

9.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.6.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.6.4 Brazil

9.6.4.1 Market Estimates & Forecast, 2020–2027

9.6.4.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.6.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.6.5 Argentina

9.6.5.1 Market Estimates & Forecast, 2020–2027

9.6.5.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.6.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.6.6 Mexico

9.6.6.1 Market Estimates & Forecast, 2020–2027

9.6.6.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.6.6.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

9.6.7 Rest of Latin America

9.6.7.1 Market Estimates & Forecast, 2020–2027

9.6.7.2 Market Estimates & Forecast, by Product Type, 2020–2027

9.6.7.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027

10. Company Landscape

11. Company Profiles

11.1 Reliance Industries Limited

11.1.1 Company Overview

11.1.2 Product Type/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 Exxon Mobil Corporation

11.2.1 Company Overview

11.2.2 Product Type/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 DowDuPont

11.3.1 Company Overview

11.3.2 Product Type/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 LyondellBasell Industries Holdings B.V.

11.4.1 Company Overview

11.4.2 Product Type/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 INEOS Group Holdings SA

11.5.1 Company Overview

11.5.2 Product Type/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 SABIC

11.6.1 Company Overview

11.6.2 Product Type/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 Petronas Chemicals Group Berhad

11.7.1 Company Overview

11.7.2 Product Type/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 China Petrochemical Corporation

11.8.1 Company Overview

11.8.2 Product Type/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 Mitsui Chemicals Inc.

11.9.1 Company Overview

11.9.2 Product Type/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.10 Chevron Phillips Chemical Company

11.10.1 Company Overview

11.10.2 Product Type/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

12. Conclusion

LIST OF TABLES

Table 1 World Population in Major Regions (2020–2030)

Table 2 Global High-Density Polyethylene Market, by Region, 2020–2027

Table 3 North America: High-Density Polyethylene Market, by Country, 2020–2027

Table 4 Europe: High-Density Polyethylene Market, by Country, 2020–2027

Table 5 Asia-Pacific: High-Density Polyethylene Market, by Country, 2020–2027

Table 7 Middle East & Africa: High-Density Polyethylene Market, by Country, 2020–2027

Table 6 Latin America: High-Density Polyethylene Market, by Country, 2020–2027

Table 8 Global High-Density Polyethylene Product Type Market, by Region, 2020–2027

Table 9 North America: High-Density Polyethylene Product Type Market, by Country, 2020–2027

Table 10 Europe: High-Density Polyethylene Product Type Market, by Country, 2020–2027

Table11 Asia-Pacific: High-Density Polyethylene Product Type Market, by Country, 2020–2027

Table13 Middle East & Africa: High-Density Polyethylene Product Type Market, by Country, 2020–2027

Table12 Latin America: High-Density Polyethylene Product Type Market, by Country, 2020–2027

Table14 North America: High-Density Polyethylene End-Use Industry Market, by Country, 2020–2027

Table13 Europe: High-Density Polyethylene End-Use Industry Market, by Country, 2020–2027

Table14 Asia-Pacific: High-Density Polyethylene End-Use Industry Market, by Country, 2020–2027

Table16 Middle East & Africa: High-Density Polyethylene End-Use Industry Market, by Country, 2020–2027

Table15 Latin America: High-Density Polyethylene End-Use Industry Market, by Country, 2020–2027

Table23 Global Product Type Market, by Region, 2020–2027

Table24 Global End-Use Industry Market, by Region, 2020–2027

Table25 North America: High-Density Polyethylene Market, by Country, 2020–2027

Table26 North America: High-Density Polyethylene Market, by Product Type, 2020–2027

Table27 North America: High-Density Polyethylene Market, by End-Use Industry, 2020–2027

Table28 Europe: High-Density Polyethylene Market, by Country, 2020–2027

Table29 Europe: High-Density Polyethylene Market, by Product Type, 2020–2027

Table30 Europe: High-Density Polyethylene Market, by End-Use Industry, 2020–2027

Table31 Asia-Pacific: High-Density Polyethylene Market, by Country, 2020–2027

Table32 Asia-Pacific: High-Density Polyethylene Market, by Product Type, 2020–2027

Table33 Asia-Pacific: High-Density Polyethylene Market, by End-Use Industry, 2020–2027

Table36 Middle East & Africa: High-Density Polyethylene Market, by Country, 2020–2027

Table37 Middle East & Africa High-Density Polyethylene Market, by Product Type, 2020–2027

Table33 Middle East & Africa: High-Density Polyethylene Market, by End-Use Industry, 2020–2027

Table34 Latin America: High-Density Polyethylene Market, by Country, 2020–2027

Table35 Latin America High-Density Polyethylene Market, by Product Type, 2020–2027

Table33 Latin America: High-Density Polyethylene Market, by End-Use Industry, 2020–2027

LIST OF FIGURES

FIGURE 1 Global High-Density Polyethylene Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global High-Density Polyethylene Market

FIGURE 4 Value Chain of Global High-Density Polyethylene Market

FIGURE 5 Share of Global High-Density Polyethylene Market in 2020, by Country (%)

FIGURE 6 Global High-Density Polyethylene Market, 2020–2027,

FIGURE 7 Sub-Segments of Product Type, 2020

FIGURE 8 Global High-Density Polyethylene Market Size, by Product Type, 2020

FIGURE 9 Share of Global High-Density Polyethylene Market, by Product Type, 2020–2027

FIGURE 10 Sub-Segments of End-Use Industry

FIGURE 11 Global High-Density Polyethylene Market Size, by End-Use Industry, 2020

FIGURE 12 Share of Global High-Density Polyethylene Market, by End-Use Industry, 2020–2027

High-Density Polyethylene Market

High-Density Polyethylene Market is expected to surpass the market value of over USD 97.4 billion by the year 2027 while registering a CAGR of 4.65% during the forecast period.

$97.4 billion

Market Size


4.65%

CAGR


Asia-pacific

Dominating Region

2020-2027

Forecast Period

Segmentation

By Product Type Injection Molded Blow Molded Hdpe Pipes Hdpe Films
End-Use Industry Packaging Building & Construction Automotive Consumer Goods

Key Players

  • Dow
  • Exxon Mobil Corporation
  • INEOS
  • SABIC
  • LyondellBasell Industries Holdings BV
  • LOTTE Chemical Corporation
  • Borealis AG
  • PetroChina Company Limited
  • Abu Dhabi Polymers Company Ltd.
  • Formosa Plastics Corp.
  • Braskem S.A
  • Chevron Phillips Chemical Co.

Drivers

  • growth in construction industry along with the increasing adoption of plastic materials in the construction industry
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High-Density Polyethylene Market overview:



High-Density Polyethylene Market is expected to surpass the market value of over USD 97.4 billion by the year 2027 while registering a CAGR of 4.65% during the forecast period.



High-density polyethylene is a stiff plastic material that exhibits favorable characteristics such as higher tensile strength, processability, inexpensive and environmentally friendly. They don’t excrete harmful gases or waste to the environment either during the manufacturing processes or during degradation. Also, the potential characteristics such as inexpensive, tougher structure, a barrier against moisture and temperature, good resistance to insects, and chemicals, and several features have propelled several end-user applications to adopt the high-density polyethylene. Since several developed countries are diverting the chemical excretion underground, they mustn't be leaked into the environment. As these HDPEs are corrosion resistant, they are intensively used for such applications. 


 


COVID 19 Analysis:


 


The widespread COVID has resulted in interruptions in the manufacturing industries, and the demand for the HDPE has reduced significantly throughout the pandemic. The decline of potential end-user industries such as the packaging industry for the industrial and luxury, construction industries, and other issues such as unavailability of resources, health and safety measures, project delays, and others have negatively influenced the overall growth of the high-density polyethylene industry during the pandemic. However, on the other hand, the demand for groceries, health care products, and other essential commodities, combined with the growing trend of e-commerce were impacting the overall growth of the high-density polyethylene industry.


 


 Market dynamics:


 


 Market drivers:


 


The growing demand for infrastructure development and sewage development is considered as the major drivers of High-density polyethylene market growth. For instance, the adaptation of High-density polyethylene pipes is used for agriculture applications, sewage, manholes, fire loops, and other underground piping systems. Such factors are driving the overall growth of the high-density polyethylene industry.


 


They are intensively used in the packaging industry for food and beverage and other commodities. Therefore the increasing penetration of the internet and the growing trend of e-commerce had led to the high-density polyethylene market growth.


 


Market opportunities:


 


 In the year 2020, one of the leading market players, CP chem CO. has joined hands with another leading company in the industry and has achieved the position of 3rd largest polyethylene producer across Northern America. Such acquisitions and mergers and the increasing investment in the industry are expected to boost the overall growth of the High-density ethylene industry during the forecast period.


 


The increasing investment in the construction industry and the governmental investment for the development of the infrastructure and smart cities in recent years are presenting lucrative opportunities for the overall growth of the high-density ethylene industry during the forecast period.


 


Market restraints:


 


The environmental concerns associated with the usage of high-density polyethylene during their production and degradation are considered as the major restraints of high-density polyethylene market growth.


The potential characteristics of the high-density polyethylene propel the end-user industries to adopt them for varied applications. With the demand and supply disproportion occurs in the industry and it affects the price of the product. Such factors are expected to hinder the overall growth of the High-density polyethylene industry.


 


Market challenges:


 


The uncertainty situation in the industrial world, where there are fluctuations in the raw materials and supply chain disruptions. Similarly, the changing demand in several industries such as food and beverage, manufacturing industries, and others are expected to hinder the High-density polyethylene market growth.


 


They also have certain displeasing characteristics such as highly flammable, higher thermal expansion, nonresistant to the oxidizing acids, and significant others. Such factors have restricted certain end-user industries to adopt in their applications.


 


Cumulative growth analysis:


 


The market value of the High-Density Polyethylene industry was at USD 74.5 billion in the year 2021 and it is expected to surpass the market value of over USD 97.4 billion by the year 2027 while registering a CAGR of 4.65% during the forecast period. The increasing population and urbanization across the globe and the changing attitude of the consumers towards packaged foods and beverages are promoting the overall growth of high- density polyethylene industry. The increasing demand for the construction industry and the food and beverage industry that utilizes plastics for the pipes and packaging are considered as the major drivers and on the other hand, the demand for the artificial knee caps made of plastics are also propelling the overall growth of high-density polyethylene industry in the recent years.


 


Since the food and beverage industries are looking for packaging solutions that offer excellent barriers against moisture and temperature, the demand for high-density polyethylene is rising in the food industry. Also, the characteristics such as resistance towards, insects and rot are further propelling the emerging food industries to adopt this packaging material. The emerging food platforms, takeaways, and online delivery systems across the developed countries have augmented the high-density polyethylene market growth in recent years. On the other hand, the usage in the piping systems offers beneficiary characteristics such as good strength, internal, water hammer pressure, and so on.


 


Value chain analysis:


 


The petrochemical feedstock is the raw material from which the high-density polyethylene is derived. The high-density polyethylene polymers are used for the tensile strength and other potential properties in withstanding critical temperatures and higher quality. The affordability and the other features of this kind of polymer are propelling the end-user industries to adopt them for their industrial purposes. The varied applications such as pipes and tubes, rigid articles, sheets, films, and significant others are exhibiting higher demand in the developing countries and the favorable economic condition across the developed countries and the purchasing power of the consumers are also impacting the overall growth of high-density polyethylene industry.


 


Some of the major end-user industries such as packaging, transportation, electrical and electronics, construction, and machinery and the increasing demand in these sectors are boosting the overall growth of the high-density polyethylene industry. Moreover, there is higher demand among automotive manufacturers to produce lightweight components for the vehicles. Similarly, the packaging industries are also utilizing plastics which are considered as the major drivers of high-density polyethylene market growth.


 


Segment overview:


 


Based on Application:


 



  • Film and Sheet

  • Injection Moulding

  • Blow Moulding

  • Pipe and Profile

  • Wire and Cables

  • Others


 


Based on feedstock:


 



  • Naphtha

  • Natural Gas

  • Others


 


Based on manufacturing process:


 



  • Gas Phase

  • Slurry Process

  • Solution Process

  • Others


Global High-Density Polyethylene Market Share, by Product Type, 2017 (%)



Source: MRFR Analysis


Regional analysis:


 


Currently, the Asia-pacific region is exhibiting a higher High-Density polyethylene market share and is considered to be the largest consumer and producer of high-density polyethylene. The increasing population rate and the increasing inclination towards packaged goods and foods across the region are boosting the overall growth of the high-Density polyethylene industry. The important characteristic of high-density polyethylene is its opaqueness and the strength towards withstanding the crucial temperatures. Therefore they are primarily used in cosmetics, bottles, personal care products, the construction industry, and so on. Since the Asia-pacific region is exhibiting higher demand for these end-user applications, the overall growth of the high-density polyethylene industry is expected to continue its pace across the region.


 


Additionally, the overall growth across the construction industry in China is propelling the high-density polyethylene market growth. Especially the construction industry across China has been witnessing a higher growth rate since the year 2017 and its inclination towards developing its infrastructure combined with the increasing investments are impacting the high-density polyethylene market growth.


 


 Competitive landscape:


 



  • Dow

  • Exxon Mobil Corporation

  • INEOS

  • SABIC

  • LyondellBasell Industries Holdings BV

  • LOTTE Chemical Corporation

  • Borealis AG

  • PetroChina Company Limited

  • Abu Dhabi Polymers Company Ltd.

  • Formosa Plastics Corp.

  • Braskem S.A

  • Chevron Phillips Chemical Co.


 


Recent developments:


 


November 2021: Oman announced the start-up of a new oil and gas field, as well as a deadline for the completion of the Duqm refinery, which might be a game-changer for the small Middle Eastern country. With only five billion barrels of proven oil reserves, any new oil production in Oman would be a significant boost to the country's hydrocarbon revenue streams. The Duqm Refinery, located in the Special Economic Zone Authority of Duqm (SEZAD) on Oman's Al Wusta coast, will serve as a vital cog in Oman's intended petrochemicals infrastructure, alongside the USD 4.6 billion Liwa Plastics Project (LPP) industrial complex, which is located near the Sohar Refinery. The Duqm Refinery and the LPP were created with the goal of allowing Oman to take advantage of synergies between the existing refinery and the increasing global plastics industry. In this context, the LPP will include an ethylene cracking plant with a nominal capacity of 900,000 tonnes per year, a high-density polyethylene plant, a linear low-density polyethylene plant, a new polypropylene plant, a methyl tertiary butyl ether plant, a butene-1 plant, as well as associated utilities and off-site facilities.

In the year 2020, one of the leading market players, INEOS Olefins, which is a USA-based company had announced their partnership with Gemini HDPE LLC and has become their owner for the asset, and this acquisition had created significant opportunities for the High-Density Polyethylene market growth.


 


In the year 2020, one of the leading market players, SABIC had joined with leading retail store operator, Schwarz group and had created transparent film bags for the retail shops which are manufactured with certified circular polyethylene. These are generally used for vegetable packaging and these have utilized High-density polyethylene and additional resins which are efficient for vegetable packaging.


 


Report overview:


 


 This report has covered:



  • Market overview

  • COVID 19 Analysis

  • Market dynamics

  • Cumulative growth analysis

  • Value chain analysis

  • Segment overview

  • Regional analysis

  • Competitive landscape

  • Recent developments


 


Segmentation Table:


 


Based on Application:


 



  • Film and Sheet

  • Injection Moulding

  • Blow Moulding

  • Pipe and Profile

  • Wire and Cables

  • Others


 


Based on feedstock:


 



  • Naphtha

  • Natural Gas

  • Others


 


Based on manufacturing process:


 



  • Gas Phase

  • Slurry Process

  • Solution Process

  • Others

Report Scope:
Report Attribute/Metric Details
  Market Size   2030: Significant Value
  CAGR   5.91% (2022-2030)
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Product Type, End-use
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Reliance Industries Limited. (India), Exxon Mobil Corporation (US), DowDuPont (US), LyondellBasell Industries Holdings B.V. (The Netherlands), INEOS Group Holdings SA (UK), SABIC (Saudi Arabia), Petronas Chemicals Group Berhad (Malaysia), China Petrochemical Corporation (China), Mitsui Chemicals Inc. (Japan), and Chevron Phillips Chemical Company (US)
  Key Market Opportunities   increasing use of HDPE products in an array of packaging applications
  Key Market Drivers

  • growth in construction industry along with the increasing adoption of plastic materials in the construction industry
  • bolstering demand for automotive plastics with the lightweight materials trend pertaining in the automotive industry

    		•


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    Frequently Asked Questions (FAQ) :

    The market value of the High-Density Polyethylene industry was at USD 74.5 billion in the year 2021 and it is expected to surpass the market value of over USD 97.4 billion by the year 2027 while registering a CAGR of 4.65% during the forecast period.

    Based on product type, the blow molded HDPE segment based on end-use industry, the packaging segment hold the leading share in the global high-density polyethylene market.

    Asia Pacific holds the largest share in the global high-density polyethylene market, followed by North America and Europe, respectively.

    Exxon Mobil Corporation (US), Reliance Industries Limited. (India), DowDuPont (US), INEOS Group Holdings SA (UK), LyondellBasell Industries Holdings B.V. (The Netherlands), SABIC (Saudi Arabia), China Petrochemical Corporation (China), Petronas Chemicals Group Berhad (Malaysia), Chevron Phillips Chemical Company (US), and Mitsui Chemicals Inc. (Japan), are some of the major players operating in the high-density polyethylene market.

    • Pipes and tubes • Rigid articles • Sheets • Films • Other applications

    • Gas Phase • Slurry Process • Solution Process