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Global High-Density Polyethylene Market (HDPE) - Segmentation by Type, End-User Industry and Geography - Growth, Trends and Forecast (2018 - 2023)

Global High-Density Polyethylene Market (HDPE) - Segmentation by Type, End-User Industry and Geography - Growth, Trends and Forecast (2018 - 2023)

The high-density polyethylene (HDPE) market is expected to grow at a significant rate during the forecast period (2018 – 2023). Owing to its unique performance advantages over other materials, such as moderate cost, ease of handling & installation, long service life, and corrosion resistance, the demand for polyethylene in small and medium diameter pipes is increasing.

Increasing Use of Plastic Pipes as Substituents

HDPE accounts for the second-largest share of the plastic pipe demand and is expected to witness the strongest gains in demand during the forecast period. HDPE pipes are expected to register an increase in the use in sewer & drainage, potable water, and natural gas distribution applications, and they are expected to occupy the current market share of other materials, such as steel and concrete. HDPE pipes are highly preferred for water distribution due to their welding joints. Additionally, HDPE pipes are being examined to put into use in nuclear plants by the Electric Power Research Institute (EPRI), as these pipes prevent corrosion unlike the metallic pipes currently being used for these applications.

Packaging is the Fastest Growing Segment

HDPE films are by far the fastest growing HDPE product type, owing to the rapidly increasing demand from various end-user industries, majorly from the packaging industries. HDPE films find a majority of their application in food and non-food packaging. Low odor and excellent chemical resistance make HDPE films ideal for usage in food packaging. In addition, regulatory bodies, such as Food and Drug Administration (FDA), have deemed use of HDPE films ideal for food contact applications. Recently, its usage in food packaging applications has increased due to the development and availability of thinner films that also provide the required performance characteristics.

Middle-East to Lead the Market

The Middle-East region is expected to witness a substantial increase in the demand for HDPE owing to expanding construction, healthcare, and other manufacturing industries in the coming years. The Saudi Arabian government has initiated an industrial clustering program to focus investments and growth in minerals & metals, automotive, plastics & packaging, home appliances, and solar energy. Apart from the pre-established demand for HDPE in these sectors, the growth in infrastructure, primarily in the middle-east countries, and the possible industrial expansion, owing to government initiatives, have led to an increase in the demand in the market.

Key Developments in Market

May 2017: LyondellBasell begins construction of Hyperzone PE plant at its La Porte Complex.
July 2017: Formosa Plastics Corp. The US has resumed production of polyethylene and polypropylene resins in Point Comfort, Texas, but will continue to operate under force majeure sales control till the end of July.

Major Players: LyondellBasell, Chevron Phillips, Sinopec, SABIC, Ineos, and ExxonMobil Chemical, amongst others.

Reasons to Purchase this Report

To understand the impact of end-user applications on the market
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
To identify the countries that are expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in Excel)

Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.

1. Introduction
1.1 Research Phases
1.2 Scope of the Market
1.3 Study Deliverables
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter's Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Supply Scenario
3.4 Price Analysis
4. Market Dynamics
4.1 Drivers
4.1.1 Increasing Use of Plastic Pipes as Substituents
4.1.2 Robust Demand from Packaging Industry
4.2 Restraints
4.2.1 Rising Popularity of Engineering Polymers
4.2.2 Other Restraints
4.3 Opportunities
4.3.1 Recycling of High-Density Polyethylene (HDPE) Films
4.3.2 Ultra-High Molecular HDPE Gaining Momentum
5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Product Type
5.1.1 Blow Molded
5.1.2 Films
5.1.3 Injection Molded
5.1.4 Pipe and Conduit
5.1.5 Sheets
5.1.6 Others
5.2 By End-user Industry
5.2.1 Packaging
5.2.2 Transportation
5.2.3 Electrical & Electronics
5.2.4 Building & Construction
5.2.5 Agriculture
5.2.6 Industry & Machinery
5.2.7 Others
5.3 By Geography
5.3.1 Asia-Pacific India China Japan South Korea ASEAN Countries Rest of Asia-Pacific
5.3.2 North America United States Canada Mexico Rest of North America
5.3.3 Europe Germany United Kingdom Italy France Spain Rest of Europe
5.3.4 South America Brazil Argentina Rest of South America
5.3.5 Middle East & Africa Saudi Arabia South Africa Rest of Middle-East & Africa
6. Competitive Landscape
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations and Agreements
6.2 Market Share Analysis***
6.3 Strategies Adopted by Leading Players
7. Company Profiles (Overview, Financials**, Products & Services and Recent Developments)
7.1 Borealis
7.2 Braskem
7.3 Chevron Phillips
7.4 Exxon Mobil Chemical
7.5 Formosa Plastics
7.6 Ineos
7.7 LyondellBasell
7.8 PetroChina
7.9 PGPIC Persian Gulf Petrochemical
7.10 PTT
7.11 SABIC
7.12 Sinopec
7.13 Total
*List Not Exhaustive
8. Disclaimer
**Subject to availability on public domain

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