Packaging Sector to Unleash Mammoth Growth Opportunities for High Density Polyethylene (Hdpe) Market, Finds Tmr

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

Packaging Sector to Unleash Mammoth Growth

Opportunities for High Density Polyethylene (HDPE) Market,

finds 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 high density polyethylene (HDPE) market is greatly diversified with market players operating across the

globe, says Transparency Market Research (TMR). The top five companies operating in the market are

present across the value chain and have large plant capacities – they collectively account for 22.3% of the

market, says TMR. These top five players include: LyondellBasell Industries, Chevron Phillips Chemical

Company, INEOS Olefins and Polymers, ExxonMobil Corporation, and SABIC.

These major players have tough competition among themselves. The entry of various small to medium scale

HDPE manufacturers in the market has resulted in the fluctuation of prices, suggests TMR. New entrants are

selling products at lower prices thus, intensifying the competition.

Browse Research Report : http://www.transparencymarketresearch.com/high-density-polyethylenemarket.html

Growing Demand for Plastic Packaging Fuels HDPE Demand

There is an increased demand for rigid packaging especially from the food and fast-moving consumer goods

(FMCG) industries. This in turn is driving the demand for high density polyethylene. Another factor driving the

demand for HDPE is its increasing use in the agriculture sector. HDPE tarpaulins, pipes, and films are widely

used across various applications in the agriculture...