+1-888-308-5802     
News Contact Us

High Density Polyethylene Market to accrue commendable gains from films and sheets segment

Author : Ravi Chawat | Published Date : 2020-08-25 

The flourishing construction and packaging sectors across the globe are contributing heavily towards high density polyethylene market expansion. Robust tensile strength and resistance to high temperatures make HDPE a favored product in the packaging industry, particularly in the cosmetics and beverages sectors.

The packaging sector accounted for a majority of the HDPE market share in 2015, with a valuation of over $16 billion, and is expected to witness significant growth in years to come. Rising demand for packaged items has led to an upsurge in high density polyethylene product demand. Coupled with higher disposable income levels and increasing packaged goods consumption like personal care items packaged foods, pharmaceutical products, etc., this elevated demand is likely to boost industry dynamics.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/1156

The construction sector is one of the key revenue pockets for the high density polyethylene market. The thriving construction industry in the APAC region is set to augment high density polyethylene market share over the estimated time spell.

HDPE is useful for a number of construction activities including window & door profiles, roofing, cement, sealants & adhesives, building & flooring panels, piper & guttering and glazing, among others.

The product receives widespread acceptance in the automotive segment, stemming from the industry’s shifting preferences towards low-fuel consumption and minimal emissions in vehicles. This popularity will lead to a significant boost to the high density polyethylene market outlook in the sector.  

In terms of form-based segmentation, the high density polyethylene industry is categorized into blow molded, injection molded, pipe & extrude and films & sheets. Of these, the films and sheets segment is anticipated to depict maximum growth over the projected timeline, which may be ascribed to the escalating demand from the packaging sector for food products and delicate consumer products.

HDPE demonstrates significant application potential in the form of pipes and fitting. High density polyethylene pipes are highly reliably, inexpensive in comparison to their glass or metal counterparts and promote water conservation via leak prevention, low maintenance costs and longer lives.

Request for customization @ https://www.gminsights.com/roc/1156

The HDPE pipes segment is set to amass substantial profits in developing economies like India, where beneficial government policies like “smart city mission” and “housing for all” are fueling high density polyethylene market size. As a matter of fact, India accounted for over 15% of the APAC HDPE market share in 2015 and is anticipated to register a CAGR of over 7% through 2024.

Likewise, rising demand for HDPE pipes from the agricultural industry for myriad applications like suction/delivery pumps, flow line & drip irrigation, water supplies and pesticide spray systems among others will further bolster industry outlook.

As per reliable reports, the high density polyethylene (HDPE) market size is expected to surpass $88 billion over 2024.

Read more news @

MIM (Metal Injection Molding) Parts Market to have Good Business Opportunities in the Coming Years

Surging construction activities to drive North America architectural flat glass market growth demand by 2026

About Author

Ravi Chawat

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat

Related News

Bentonite Market 2016-2024 by Segmentation: Based on Product, Application and Region

Published Date: 2021-01-19         Author: Ravi Chawat

Bentonite Market is expected to be valued USD 1.95 billion by 2024; according to a new research report by Global Market Insights, Inc. Booming steel industry in India, China and South Korea on account of increasing foreign direct investment from U.S. and Japan has boosted the iron pelletizing indust... Read More

Surging demands from paints and coatings sector to bolster FT wax market size by 2025

Published Date: 2021-01-19         Author: Ravi Chawat

FT wax market share will experience a significant growth owing to increasing demand for the product for its properties as an additive in paints, varnishes, coatings formulation and printing ink. The product is known to have much better functionality under higher temperature which encourages the dema... Read More

Global Rubber Processing Chemicals Market 2020: Market Size, Demand by Product, Application and Type of Rubber

Published Date: 2021-01-19         Author: Ravi Chawat

Rubber Processing Chemicals Market is set to reach USD 5.31 billion by 2025; according to a new research report by Global Market Insights, Inc. The rubber processing chemicals market will be primarily driven by rapidly increasing automobile industry. According to latest OICA reports global automobil... Read More

© 2021 Fractovia. All Rights Reserved