High-density polyethylene market scale grows at 2026 end

The global HDPE market was valued at US$63.5 billion in 2017 and is expected to reach US$87.5 billion by 2026, with a compound annual growth rate of approximately 4.32% during the forecast period.
High-density polyethylene (HDPE) is a thermoplastic polymer made from monomer ethylene made from natural gas, naphtha, and gas oil.
HDPE is a versatile plastic, it is more opaque, harder and can withstand higher temperatures. HDPE can be used in many applications and industries that require strong impact resistance, excellent tensile strength, low moisture absorption and chemical resistance.
According to industry applications, the HDPE market can be subdivided into bottle caps and bottle caps, geomembranes, tapes, cross-linked polyethylene and sheets. It is expected that HDPE will show high demand in its respective applications.
Due to its low odor and excellent chemical resistance, HDPE film is very suitable for use in food. It is also very popular in the packaging industry because it is increasingly used to produce various products, such as bottle caps, food storage Containers, bags, etc. Bale.
HDPE accounts for the second largest share of plastic pipe demand and is expected to grow the strongest during the forecast period.
Recycling HDPE containers can not only exclude non-biodegradable waste from our landfills, but also save energy. HDPE recycling can save up to twice the energy used in the production of virgin plastic. As the plastic recycling rate in developed countries such as the United Kingdom, the United States and Germany continues to increase, the demand for HDPE recycling is expected to increase.
The Asia-Pacific region was the largest HDPE market in 2017 because of the large packaging industry in the region. In addition, in emerging countries including India and China, increased government spending on infrastructure construction is also expected to promote the growth of the HDPE market during the forecast period.
The report provides a comprehensive review of the main market drivers, constraints, opportunities, challenges and key issues in the market.