High Density Polyethylene Market packaging is the major application for 2017 - 2024

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High Density Polyethylene Market to be worth
88bn by 2024
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Global Market Scenario of High Density
Polyethylene Industry

• High Density Polyethylene market size will cross
  USD 88 billion till 2024 according to a new
  research report by Global Market Insights, Inc.
• High density polyethylene (HDPE Market) is
  majorly used for packaging in pharmaceutical,
  food beverages and cosmetics industries. It has
  improved mechanical properties and higher
  strength to density ratio than low density
  polyethylene. It is used to pack food items such
  as ready-to-mix, ready-to-cook food. Increasing
  packed food items market due to
  ease-of-consumption and its handiness will boost
  product market.
• High density polyethylene to produce products
  such as pipes, plumbing and electrical boxes, and
  telephone ducts. These products are deployed at
  construction sites in residential, commercial and
  industrial projects. Infrastructural development
  in emerging economies such as urban and
  hydropower transportation, roads highways,
  commercial building, shopping malls, shall give a
  positive outlook for high density polyethylene
  market.

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Continue.....

• High density polyethylene is used for
  agricultural applications in the form of pipes.
  These pipes are used for irrigation, drainage and
  water supply. These pipes performance is much
  better than other material pipes and are also
  less expensive in terms of installation and
  material cost. Further, these pipes have limited
  need for fittings and requires lesser pipe
  laydown area. HDPE market pipes can handle salty
  water and corrosive conditions and are even
  corrosion resistant from outside.
• Nowadays, there is an increasing adoption of high
  density polyethylene bottles in the
  pharmaceutical industry. Also, pharmaceutical
  companies and hospitals are giving priority to
  HDPE bottles as compared to glass bottles. High
  density polyethylene bottles prevent the inner
  material from getting exposed to the outer
  atmosphere and are not as brittle as glass. These
  bottles are opaque and can withstand a
  temperature of nearly 110o Celsius. Thus,
  increasing health concerns among people and
  growing population augment high density
  polyethylene market.

Latest Research Report On High Density
Polyethylene HDPE Market_at_ https//www.gminsights.c
om/industry-analysis/high-density-polyethylene-HDP
E-market
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om/request-sample/detail/1156
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360 Industry Analysis

• Product Analysis-
• The 2015 blow molded HDPE market share was over
  25. Favorable chemical and physical properties
  of HDPE such as resistance to cracking and
  stiffness and, capable of withstanding high
  temperature resistance make it an ideal material
  for blow molded process. This process is used to
  manufacture fuel tanks, overflow bottles, duct
  work, water tanks and recycle bins.
• Film sheet forms of HDPE marketare likely to
  exhibit a decent growth rate of 4.5 between 2016
  and 2024. These films sheets are used for
  notebook covers and harsh chemical environments.
  It has the advantages of being chemically inert,
  easily fabricable and affordable. High density
  polyethylene films are available in wide
  varieties depending on their clarity,
  breakability, flexibility and rigidity.
• Packaging shall be the most prominent end-user in
  high density polyethylene market. It was valued
  above USD 16 billion during 2015. It is used in
  industries such as cosmetics and pharmaceuticals.
  These industries have a significant growth in the
  near future, contributing to high density
  polyethylene market.

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Regional Analysis Asia Pacific has a growth
potential in packaged food beverage market and
is witnessing a substantial escalation in
construction activities. Booming infrastructural
development in China will offer an opportunity
for the product market in this region. Europe
HDPE market accounted for more than 20 share in
revenue generation and is likely to register
nearly 3 CAGR by 2024. Food beverage,
cosmetic and pharmaceutical packaging industries
in the U.S. has boosted North America and Latin
America high density polyethylene
market. Competitive Analysis The key
manufacturers of HDPE Market are Honam
Petrochemical Corporation, Borealis AG, Abu Dhabi
Polymers Company Ltd, Chevron Phillips Chemical
Co, Formosa Plastics Corp, Braskem S.A.,
LyondellBasell industries NV and Exxon Mobil Corp.
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Latest Research Report On High Density
Polyethylene HDPE Market_at_ https//www.gminsights.c
om/industry-analysis/high-density-polyethylene-HDP
E-market Download Latest Report Sample PDF _at_
https//www.gminsights.com/request-sample/detail/
1156 Request for customization https//www.
gminsights.com/roc/1156
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