![]() Growing Demand from Pipes and Tubes Application ApplicationĬustomized per your requirements. For each segment, the market sizing and forecast have been done on the basis of volume (kiloton). The report also covers the market size and forecasts for the High-Density Polyethylene (HDPE) Market in 18 countries across major regions. By end-user industry, the market is segmented into packaging, transportation, electrical and electronics, building and construction, agriculture, industry and machinery, and other end-user industries. By application, the market is segmented into pipes and tubes, rigid articles, sheets and films, and other applications. The global high-density polyethylene market is segmented by application, end-user industry, and geography. High-density polyethylene has outstanding properties such as tensile strength, resistance to moisture, chemical resistance, and low cost, making it ideal for various end-user industries. High-density polyethylene (HDPE) is a thermoplastic polymer and is a class of polymers derived primarily from petrochemical feedstock. Asia-Pacific region is expected to dominate the market and is also likely to witness the highest CAGR during the forecast period.On the flip side, environmental problems caused by the production and degradation of HDPE are expected to restrict the market growth during the forecast period.Moreover, growing construction activities in the Asia-Pacific region lead to market growth over the forecast period.Over the medium term, the major factors driving the growth of the market studied are the increasing use of plastic pipes as substituents and robust demand from the packaging industry.Whereas the packaging for groceries, healthcare products, and e-commerce transportation was seen a significant increase in demand, but the shutdown of industrial plants resulted in decreased production, which, in turn, affected the consumption of high-density polyethylene. The demand for industrial, luxury, and some B2B-transport packaging has witnessed a downfall. However, in the packaging industry, the impact of this pandemic has been mixed. Due to obstacles regarding contractual obligations, resource availability, deliverables, health and safety measures, and project delays or cancellations created by pandemic, the construction industry has been affected badly. The construction industry is one of the major end-user industries of high-density polyethylene. Milk jugs and other hollow goods manufactured through blow moulding are the most important application area for HDPE, accounting for one-third of worldwide production, or more than 8 million tonnes.The high-density polyethylene (HDPE) market was valued at around 45 million ton in 2020, and the market is projected to register a CAGR of over 5% during the forecast period (2021-2026).ĭue to the impact of COVID-19, growth rates for 2020 were severely affected. HDPE tends to rip or tear in a malfunction instead of shattering and becoming shrapnel like the other materials. HDPE is preferred by the pyrotechnics trade for mortars over steel or PVC tubes, being more durable and safer. ![]() ![]() HDPE is also used for cell liners in subtitle D sanitary landfills, wherein large sheets of HDPE are either extrusion or wedge welded to form a homogeneous chemical-resistant barrier, with the intention of preventing the pollution of soil and groundwater by the liquid constituents of solid waste. Owing to these desirable properties, pipes constructed out of HDPE are ideally applicable for potable water, and waste water (storm and sewage). For example, in Rotational Molding, to identify the environmental stress crack resistance of a sample, the Notched Constant Tensile Load Test (NCTL) is put to use. The physical properties of HDPE can vary depending on the molding process that is used to manufacture a specific sample to some degree a determining factor are the international standardized testing methods employed to identify these properties for a specific process.
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