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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Leading Companies in the HDPE Powder Market
Market players are investing in developing new products like HDPE resin to gain a competitive edge by offering enhanced properties and reducing environmental impact
Sundow Polymers Co., Ltd. was founded in 2010 and is headquartered in Shandong Province, China. The company specialises in the production of high-tech chemicals, including chlorinated polyethylene, acrylic, and other polymers.
Weifang Yaxing Group Co., Ltd. was founded in 1994 and is headquartered in Weifang, China. Company’s product portfolio includes chlorinated polyethylene (CPE), hydrazine hydrate, liquefied chlorine, azodicarbonamide (ADC) foaming agent, caustic soda, and other industrial chemical products.
Ineos Olefins, with its headquarters in London, United Kingdom, is a leading producer of petrochemicals, speciality chemicals, and oil-related products worldwide. Founded in 1998, company's main objectives are to convert hydrocarbon raw materials into high-density polyethylene, polypropylene, and high-quality olefins for producing pipes.
Showa Denko was established in 1939 and is headquartered in Tokyo, Japan. It operates in various sectors like petrochemicals, aluminum, electronics, and chemicals by producing organic chemicals, aluminum, semiconductor materials, and industrial gases.
Other key players in the global HDPE powder market include Shandong Gaoxin Chemical Co. Ltd., LG Chem, Korea Petrochemical Ind. Co. Ltd, and Shandong Xuye New Materials Co. Ltd, among others.
HDPE Powder Market Report Snapshots
HDPE Powder Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the HDPE powder market reached an approximate value of USD 79.53 billion.
The market is expected to grow at a CAGR of 4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 113.25 billion by 2032.
The major drivers of the market include the rising on-the-go food consumption culture, certification of HDPE as a food-grade polymer, increasing demand from the construction industry, and growing packaging sector.
Key trends aiding market expansion include the increasing demand from end-user industries and rising demand for lightweight vehicles.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Based on application, the market is divided into wire and cable, automotive hoses and tapes, and pipes and fittings.
Due to its chemical resistance, HDPE is excellent for use in recycling bins, conditioners, shampoos, laundry detergents, and household cleaning products.
One of the ‘good’ plastics that can be used safely for the packaging of food and water is high density polyethylene (HDPE).
Key players in the market are Weifang Yaxing Group Co., Ltd, Sundow Polymers Co. Ltd, Shandong Gaoxin Chemical Co. Ltd., LG Chem, Ineos Olefins, Korea Petrochemical Ind. Co. Ltd, Showa Denko, and Shandong Xuye New Materials Co. Ltd, among others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124