고밀도 폴리에틸렌 시장 : 시장 규모, 점유율, 성장 분석 - 제품 유형별, 최종 이용 산업별, 지역별 - 산업 예측(2024-2031년)

Global High-Density Polyethylene Market size was valued at USD 72.22 billion in 2022 and is poised to grow from USD 75.43 billion in 2023 to USD 111.15 billion by 2031, growing at a CAGR of 4.45% in the forecast period (2024-2031).

High-density polyethylene (HDPE), a thermoplastic polymer derived from ethylene, is increasingly in demand due to its applications in producing plastic bottles, corrosion-resistant pipelines, geomembranes, and plastic wood. As a result of growing beverage and food consumption, the demand for blow-molded bottles is expected to surge, further driving HDPE usage. However, the market may face challenges from volatile crude oil prices, affecting HDPE pricing and limiting growth potential. HDPE is derived from naphtha, natural gas, and light oil, requiring about 1.75 kilograms of oil for every kilogram produced. Moreover, the rapid rise of e-commerce has heightened the need for packaging materials, with HDPE becoming a preferred raw material for rigid packaging solutions, highlighting its vital role in modern supply chains.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global High-Density Polyethylene market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global High-Density Polyethylene Market Segmental Analysis

Global High-Density Polyethylene Market is segmented by Product Type, End-Use Industry and region. Based on Product Type, the market is segmented into Injection Molded, Blow Molded, HDPE Pipes, HDPE Films. Based on End-Use Industry, the market is segmented into Packaging, Building & Construction, Automotive, Consumer Goods. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global High-Density Polyethylene Market

The High-Density Polyethylene (HDPE) market is being propelled by the increasing utilization of HDPE resin for both rigid and flexible packaging solutions. This surge in demand is primarily due to the versatility of HDPE in various applications, including handbags, industrial linings, and a range of packaging options such as boxes and containers. As the recycling infrastructure for HDPE continues to expand and restrictions on single-use plastics become more stringent, manufacturers are set to benefit from this evolving landscape. Furthermore, the growth of e-commerce, online shopping, and food delivery services, particularly in emerging markets, has led to a significant rise in the need for packaging materials, with HDPE standing out as a key choice.

Restraints in the Global High-Density Polyethylene Market

The global High-Density Polyethylene (HDPE) market faces several restraints, notably the presence of effective alternatives that could limit its growth. Polyethylene terephthalate (PET) stands out as a formidable competitor, particularly in applications such as water bottles, beverage containers, and food packaging. The established market for recycled plastics, especially PET, poses a challenge for HDPE due to its widespread recyclability and technological advancements aimed at enhancing the purity of recycled materials while reducing processing costs. As recycling technologies continue to improve, the competitive edge of alternative materials strengthens, potentially dampening the demand for HDPE in various sectors.

Market Trends of the Global High-Density Polyethylene Market

The Global High-Density Polyethylene (HDPE) market is experiencing a significant upward trend, driven by the growing demand for lightweight automobiles fueled by recent automotive policy reforms. These regulations emphasize safety and fuel efficiency, incentivizing manufacturers to adopt lightweight materials, notably HDPE, for vehicle production. This has resulted in enhanced utilization of HDPE, which offers remarkable strength, high internal pressure resistance, and durability in challenging environments, making it an ideal choice for pipes and other automotive components. Consequently, the market is expected to expand, with decreased maintenance costs and operational efficiencies further reinforcing HDPE's appeal across various sectors throughout the forecast period.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2023
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Technological Advancement
• Regulatory Landscape
• Case Studies
• Customer & Buying Criteria Analysis

Global High-Density Polyethylene Market Size by Product Type & CAGR (2024-2031)

• Market Overview
• Injection Molded
• Blow Molded
• HDPE Pipes
• HDPE Films

Global High-Density Polyethylene Market Size by End-Use Industry & CAGR (2024-2031)

• Market Overview
• Packaging
• Building & Construction
• Automotive
• Consumer Goods

Global High-Density Polyethylene Market Size & CAGR (2024-2031)

• North America (Product Type, End-Use Industry)
  • US
  • Canada
• Europe (Product Type, End-Use Industry)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific (Product Type, End-Use Industry)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America (Product Type, End-Use Industry)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Product Type, End-Use Industry)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2023
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• Borealis AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Braskem S.A.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Chevron Phillips Chemical Company LLC
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dow Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Exxon Mobil Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Formosa Plastics Corporation, USA
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Indian Oil Corporation Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• INEOS
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LG Chem
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LyondellBasell Industries Holdings B.V.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SABIC
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TotalEnergies SE
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Reliance Industries Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Arkema S.A.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Asahi Kasei Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Covestro AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Westlake Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• PTT Global Chemical Public Company Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sasol Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Lotte Chemical Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation