Lucintel Estimates the High Density Polyethylene Industry to Reach $74.5 Billion by 2017
Worldwide, November 19, 2014 (Newswire.com) - High density polyethylene is widely used in packaging, construction, transportation, and electrical and electronics industries. The major applications of high density polyethylene are in bottles, plastic bags, folding chairs, natural gas pipe distribution system, safety equipment, household chemicals, and plastic caps. The Asia Pacific region is expected to be the largest region in the global high density polyethylene industry by 2017.
Strong growth in end user industries, such as packaging, transportation, construction, and electrical and electronics, are expected to drive the high density polyethylene industry. Growing demand for food and beverage packaging is the major driving force of the global high density polyethylene industry. Rapidly expanding industrial packaging sector, containing shipping pails, and replacement of conventional materials, such as concrete, steel, and cast iron by HDPE in piping systems, are the main drivers for high density polyethylene.
The global high density polyethylene industry is expected to reach an estimated value of $74.5 billion by 2017. Lyondell Basell, China National Petroleum Corp., Chevron Philips Chemical Company LLC, The Dow Chemical Company, and SABIC are some of the suppliers of high density polyethylene for various applications.
Lucintel, a leading global management consulting and market research firm, has analyzed the global high density polyethylene industry and has come up with a comprehensive research report, “Global High Density Polyethylene Industry 2012-2017: Trend, Profit, and Forecast Analysis.” This report provides an analysis of the global high density polyethylene industry, including the analysis of market trends, competitive landscapes, emerging trends, and the key drivers of market growth. The study also includes forecasts for the global high density polyethylene industry through 2017 segmented by regions as follows:
{C}· North America
{C}· Europe
{C}· Asia Pacific
{C}· Rest of World
This research report will enable you to make confident business decisions in the high density polyethylene industry. For a detailed table of contents and pricing information on this timely, insightful report, click on this link http://www.lucintel.com/reports/chemical_composites/global_high_density_polyethylene_industry_2012-2017_trend_profit_and_forecast_analysis.aspx or contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel offerings include Chemical Market Research Reports, Chemical Industry Analysis Report, Opportunity Screening and Analysis, Capital Investment Feasibility and SWOT Matrix. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com. You can also contact us through Live Chat in its website to answer your questions in real time.
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