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...