Global HDPE market to reach $70 billion by 2019

EUROPEAN PLASTICS NEWS

Published: March 12, 2013 11:47 am ET
Updated: March 12, 2013 11:49 am ET

Related to this story

Topics Materials Materials Suppliers
Companies & Associations

KONSTANZ, GERMANY — The versatility of high density polyethylene will help the global market sell to almost $70 billion by 2019, according to a new report from Ceresana Research.

Demand from Asia Pacific will be particularly strong, increasing at average growth rates of 4.4 percent per annum. Eastern Europe, the Middle East and South American will also generate double-digit growth rates, but growth in North America and Western Europe will be slower.

Changes in regional demand will also have an effect on the global production structure, says Ceresana. Over the next eight years, Asia Pacific will add more than 8 million metric tons in new capacities, while the Middle East will add 7 million metric tons.

The major application for HDPE in 2011 was blow molded bottles and other hollow items, accounting for 28 percent of the global market volume. The next most common applications were film and injection molded products.

Film production is dominant in Asia Pacific, while injection and blow molding are more popular in North America and Western Europe.

However, moving forward the HDPE pipe segment will show the strongest growth, driven by demand from the construction sector in China and other emerging markets.


Comments

Global HDPE market to reach $70 billion by 2019

EUROPEAN PLASTICS NEWS

Published: March 12, 2013 11:47 am ET
Updated: March 12, 2013 11:49 am ET

Post Your Comments


Back to story


More stories

Image

PolyOne launches Geon BIO PVC using soy-based materials

April 24, 2015 11:48 am ET

More than a decade of research is paying off for Battelle Memorial Institute in the form of Geon BIO PVC compounds from PolyOne Corp.    More

Image

Study suggests infants at lower risk from BPA exposure than expected

April 23, 2015 4:58 pm ET

A new study shows that newborn babies may have less risk from bisphenol A exposure than originally thought.    More

Image

Braskem and Odebrecht reconsidering West Virginia plastics project

April 23, 2015 2:54 pm ET

Brazilian firms Braskem and Odebrecht have confirmed that they are re-evaluating Project Ascent, the major plastics and petrochemicals project they...    More

Image

DuPont center in India gets LEED Certification

April 23, 2015 1:07 pm ET

DuPont Co.'s Knowledge Center in Hyderabad, India, was awarded LEED certification by the U.S. Green Building Council.    More

Image

SiVance opens new R&D lab

April 23, 2015 12:07 pm ET

Milliken & Co. unit SiVance LLC has opened a new research and development lab for silicone and silane technologies in Gainesville, Fla.    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events