( PR4US.com | Press Release | 2020-02-11 22:33:11 )
“HDPE is the polyethylene type with the highest strength and the lowest flexibility” explains Oliver Kutsch, the CEO of the market research company Ceresana
“The strong and somewhat hard plastic is suitable for a large spectrum of uses: for rigid containers and pipes, as well as for films and a multitude of products for the transportation and electronic industry.” Ceresana
publishes an extensive report about the global market for HDPE for the fifth time already. The current market study expects an increase of HDPE demand by an average of 2,9% per year worldwide, by 2026. The sectors pipes, packaging films as well as heavy duty industry sacks are among the most dynamic growing markets. The Asia-Pacific Region is by far the biggest consumer of HDPE with a market share of 48%.
Extrusion, Injection Moulding and Blow Moulding
The most important technology for processing HDPE are extrusion, injection moulding and blow moulding. In 2018, more than 11 million tonnes of HDPE have been processed worldwide in the film and sheet extrusion. Blow moulding and injection moulding followed in second and third place. Ceresana’s analysts expect, that the processing of pipes and profiles through extrusion will achieve the highest growth rate in the coming eight years, with 4,0% per year.
Plastic Packaging is the Main Use
HDPE is needed in a wide range of products – but with a market share of roughly 48 %, a majority relates to the packaging industry. In 2018, this plastic was most commonly used for the production of rigid packaging: 5,9 million tons HDPE was processed for the transport and industry containers alone. But nearly 21 % of the global consumption relates to flexible packaging like films, sack and bags.
The Study in Brief:
Chapter 1 provides a detailed description and analysis of the global market for High Density Polyethylene (HDPE) - including forecasts until 2026: The development of demand, revenues as well as the development of production will be depicted for each region. Furthermore, the application areas of HDPE will be examined: Packaging films, bags and sacks, heavy duty and industry sacks, beverage containers, industry and transport containers, pipes, construction industry, transportation, industry, electric and electronic and other applications.
In Chapter 2, the 29 most important countries for the HDPE market - from Germany and the EU to South Africa, from America to Asia - will be looked at individually. Depicted will be the demand, revenues, trade, production and capacities. Demand and revenues will be broken down for the individual application areas as well as for the processing technologies, injection moulding, blow moulding, extrusion and other technologies.
Chapter 3 provides useful company profiles of the most important HDPE producers, clearly arranged according to contact information, turnover, profit, product range, production site, capacity and profile summary. Extensive profiles of 83 producers are provided.
Further information: www.ceresana.com/en/market-studies/plastics/polyethylene-hdpe/
As one of the world’s leading market research companies, Ceresana
is specialized in the plastics, chemicals, packaging, and industrial goods sectors. For 17 years, companies have benefited from high-quality industry analyses and forecasts. More than 170 market reports provide 10,000 customers with the knowledge base for their sustainable success.
Learn more about Ceresana