High Density Polyethylene Market Will Be Worth of Us$ 84.79 Bn in 2023, Growing at a Cagr of 4.5% by 2023

Transparency Market

Research

High Density Polyethylene Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast

2015 - 2023

Published Date

18-Aug-2015

200 Page Report

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Press Release

Boom in Packaging and Agriculture Industries Spurs Demand

for High Density Polyethylene, reports TMR

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High Density Polyethylene Market

REPORT DESCRIPTION

High Density Polyethylene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast

2015 - 2023

The extremely fragmented global high density polyethylene market comprises a vast majority of regional and

local producers that cater to local businesses. The three leading producers of high density polyethylene had

barely taken up 16.3% of the global HDPE volume generated in 2014. These producers – Chevron Philips

Chemical Company, LyondellBasell Industries, and INEOS Olefins and Polymers – currently offer large plant

capacities and hold a strong distribution chain in key consumption regions.

According to a new publication by Transparency Market Research, the degree of competition in the global

market of high density polyethylene is expected to remain high over the coming years. The small number of

players that currently hold a global and regional prominence in HDPE production are vying to increase their

plant capacities.

The threat of new entrants is expected to remain low till 2023, owing to the very challenging aspect of

procuring raw materials for producing high density polyethylene. Additionally, the high capital required to set up

the technically intensive production plants also deter many entities from entering this market.

Browse The Full Research Report : http://www.transparencymarketresearch.com/high-densitypolyethylene-market.html

In terms of revenue, the global market for high density...