High-Density Polyethylene Industry 2022 Opportunities, Sale Area, Revenue Analysis Forecast To 2030
High-Density Polyethylene Industry The global high-density polyethylene market stood at USD 45,849.4 Mn in 2017 and is anticipated to grow exponentially. Market Research Future (MRFR) has thoroughly studied the trends and patterns in the global high-density polyethylene (HDPE)market over the forecast period of 2018–2023. As per MRFR’s analysis, by value, the market is estimated to capture a CAGR of 5.91% over the forecast period. By volume, the market is likely to strike a CAGR of 4.21% over the forecast period. High-density polyethylene finds applications across an array of end use cases and largely follows the global economic activities. They are mostly used in plastics owing to their versatile nature and advantages such as ease of processing and recycling. High density polyethylene sourced from shale gas, coal and the emergence of bio-based materials is likely to pave the way for future market expansion. Green initiatives which majorly support the use of environmentally friendly mat...