Global HDPE Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global HDPE Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Application (Pipes and Tubes, Rigid Articles, Sheets and Films, and Other), End-user Industry (Packaging, Transportation, Electrical and Electronics, Building and Construction, Agriculture, Industry and Machinery, and Other), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global HDPE Market was valued at USD 97,090.1 million in 2023 and is expected to reach USD 209,639.8 million by 2031 while growing at a CAGR of 10.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global HDPE market growth. High-Density Polyethylene (HDPE), derived from petroleum, is a thermoplastic polymer with a notable strength-to-density ratio. Its versatile properties make it widely utilized in various applications.
Increasing demand in the packaging industry and rising popularity of HDPE in agriculture are driving growth in the HDPE market. However, obstacles such as environmental concerns, sustainability, and competition from alternative materials may impede market expansion.
Furthermore, the global HDPE industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Application Analysis
The Global HDPE Market is segmented among Pipes and Tubes, Rigid Articles, Sheets and Films, and Others, based on Application. In 2023, Sheets and Films accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By End-user Industry Analysis
The Global HDPE Market is segmented among Packaging, Transportation, Electrical and Electronics, Building and Construction, Agriculture, Industry and Machinery, and Others, based on End-user Industry. In 2023, Building and Construction accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global HDPE Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Borealis AG, Braskem, Chevron Phillips Chemical Company LLC, Dow, Exxon Mobil Corporation, Formosa Plastics Corporation, U.S.A., Indian Oil Corporation Ltd6.4.8 INEOS, LG Chem, and LyondellBasell Industries Holdings BV.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global HDPE Market Dynamics
Drivers
Restraints
Opportunity
4. Global HDPE Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global HDPE Market Segmentation, By Application
Global HDPE Market Share Analysis, By Application
Global HDPE Market Growth Analysis, By Application
Global HDPE Market Trends, By Application
o Pipes and Tubes
o Rigid Articles
o Sheets and Films
o Other
6. Global HDPE Market Segmentation, By End-user Industry
Global HDPE Market Share Analysis, By End-user Industry
Global HDPE Market Growth Analysis, By End-user Industry
Global HDPE Market Trends, By End-user Industry
o Packaging
o Transportation
o Electrical and Electronics
o Building and Construction
o Agriculture
o Industry and Machinery
o Other
7. Global HDPE Market Segmentation, By Region
Global HDPE Market Share Analysis, By Region
Global HDPE Market Growth Analysis, By Region
Global HDPE Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Borealis AG*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Braskem
Chevron Phillips Chemical Company LLC
Dow
Exxon Mobil Corporation
Formosa Plastics Corporation
U.S.A.
Indian Oil Corporation Ltd
INEOS
LG Chem
LyondellBasell Industries Holdings BV
*Similar analysis will be provided for each company listed above.
