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Lucintel Estimates Global High Density Polyethylene to Continue Growth over Next Five Years
Date:4/7/2013

Irving, TX (PRWEB) April 07, 2013

The global high density polyethylene (HDPE) industry witnessed strong growth during the last five years. The industry is consolidated with the top 10 players controlling more than half of the market. HDPE is widely used in the packaging, construction, and automotive industries. It is extensively used in applications such as bottles, plastic bags, folding chairs, natural gas pipe, safety equipment, household chemicals, plastic caps and closures, grocery bags, and many others.

Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on the industry and presents its findings in “Global High Density Polyethylene Industry 2012-2017: Trend, Profit, and Forecast Analysis.” The global high density polyethylene industry is a segment of the global polyethylene industry. This sector report is segmented geographically.

The report studies the various challenges of the industry. The industry faced difficult times, as it had to undergo plant shutdowns and projects delays, particularly derivative capacity to control, supply, and demand imbalances. Declines in petrochemical inventories as producers were operating at low utilization rates led to strong pressure on the operating profit in the industry.

The study focuses on the drivers of the industry. Continuous substitution of PVC by high density polyethylene as a raw material for disposable applications in packaging sector due to its light weight, high sustainability, and low life cycle cost, may turn out
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