#High #Density #Polyethylene #Resins #Market #Worth #USD
Pune, India, Sept. 29, 2022 (GLOBE NEWSWIRE) — According to Fortune Business Insights™ the global high-density polyethylene (HDPE) resins market is expected to gain impetus from their increasing usage in the food packaging industry worldwide. They are capable of providing longer shelf lives to food products, as well as reduce spoilage. This information is given by Fortune Business Insights™.The study further mentions that the HDPE resins market size was USD 52,389 Million in 2019. It is projected to reach USD 68,297 Million by 2027, exhibiting a CAGR of 4.96% during the forecast period.
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Report Scope & Segmentation:
| Report Coverage | Details |
| Forecast Period | 2020-2027 |
| Forecast CAGR | 4.96 % |
| 2027 Value Projection | USD 68,297 Million |
| Base Year | 2019 |
| High-Density Polyethylene (HDPE) Resins Market Size in 2019 | USD 52,389 Million |
| Historical Data | 2016-2018 |
| No. of Pages | 197 |
| Segments Covered | By Application, End-user and Regional Insights |
| High-Density Polyethylene (HDPE) Resins Industry Growth Drivers | Packaging Segment to Grow Rapidly Fueled by Usage in Plastic Bottles & Tubing |
| High Demand for Packaging from Various Sectors to Favor Growth in North America |
Lists out the names of all the renowned HDPE resins manufacturers present in the global market. They are as follows:
- LG Chem (South Korea)
- LyondellBasell Industries N.V. (The Netherlands)
- Eni SpA (Italy)
- Braskem (Brazil)
- Chevron Phillips Chemical Company LLC (U.S.)
- PetroChina Company Limited (China)
- Indian Oil Corporation Ltd (India)
- Reliance Industries Limited (India)
- Formosa Plastics Corporation (Taiwan)
- Total S.A. (France)
- Dow Inc. (U.S.)
- ExxonMobil Corporation (U.S.)
- INEOS Group Holdings S.A. (UK)
- SABIC (Saudi Arabia)
Segment-
Packaging Segment to Grow Rapidly Fueled by Usage in Plastic Bottles & Tubing
Based on end-use…
Read on GNW: High Density Polyethylene Resins Market to Worth USD 68,297
