Chemical Market: High-density Polyethylene (HDPE) Market Research Report, Compet

Posted by Deeksha on February 21st, 2019

The market for High-density Polyethylene (HDPE) is growing with the expansion of this Industry Sector Worldwide. Market Research Hub (MRH) has added a new report titled “Global High-density Polyethylene (HDPE)” Market Research Report 2019 which offer details about the current trends and analysis, as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the High-density Polyethylene (HDPE)  sector is highlighted in the report which indicates a prosperous future.

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This report studies the High-density Polyethylene (HDPE) market, High-density polyethylene (HDPE) is a polyethylene thermoplastic made from petroleum. It is sometimes called "alkathene" or "polythene" when used for pipes. With a high strength-to-density ratio, HDPE is used in the production of plastic bottles, corrosion-resistant piping, geomembranes, and plastic lumber.

The United States High-density Polyethylene (HDPE) industry has a high concentration. The major manufacturers are Chevron Phillips, lyondellbasell, Ineos. At present, Chevron Phillips is the leader in United States, holding 25 % market share in 2017.

The United States consumption of High-density Polyethylene (HDPE) increases from 7.12 Million K MT in 2013 to 8.02Million MT in 2017, at a CAGR of more than 3.05%. However, HDPE in the U.S. market is over-produced. This phenomenon will be more prominent after 2018.
The US has traditionally directed the bulk of its PE exports to Latin America. While US producers are expected to aggressively pursue additional market share in Latin America, exporters will also be directing much of their attention to Asia, particularly China, as Latin American markets are not large enough to absorb the incremental additions in US capacity.

The global High-density Polyethylene (HDPE) market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on High-density Polyethylene (HDPE) volume and value at global level, regional level and company level. From a global perspective, this report represents overall High-density Polyethylene (HDPE) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
ExxonMobil
Dow Chemical
lyondellbasell
Chevron Phillips
Ineos
Formosa Plastics
Westlake
Bayport Polymers (Total)

Segment by Regions
North America
Europe
China
Japan