Global HDPE to surpass US$74 billion by 2017

30-Oct-14
High density polyethylene is widely used in packaging, construction, transportation, and electrical and electronics industries. The major applications of high density polyethylene are in bottles, plastic bags, folding chairs, natural gas pipe distribution system, safety equipment, household chemicals, and plastic caps. The Asia Pacific region is expected to be the largest region in the global high density polyethylene industry by 2017, as per Lucintel. Strong growth in end user industries, such as packaging, transportation, construction, and electrical and electronics, are expected to drive the high density polyethylene industry. Growing demand for food and beverage packaging is the major driving force of the global high density polyethylene industry. Rapidly expanding industrial packaging sector, containing shipping pails, and replacement of conventional materials, such as concrete, steel, and cast iron by HDPE in piping systems, are the main drivers for high density polyethylene. The global high density polyethylene industry is expected to reach an estimated value of$74.5 billion by 2017. Lyondell Basell, China National Petroleum Corp., Chevron Philips Chemical Company LLC, The Dow Chemical Company, and SABIC are some of the suppliers of high density polyethylene for various applications.
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Windmoller  and Holscher 5 layer cast film line

Windmoller and Holscher 5 layer cast film line