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High Density Polyethylene Market Will Be Worth of Us$ 84.79 Bn in 2023, Growing at a Cagr of 4.5% by 2023

  • Date Submitted: 08/30/2016 02:55 AM
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Transparency Market
High Density Polyethylene Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast
2015 - 2023

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200 Page Report

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Boom in Packaging and Agriculture Industries Spurs Demand
for High Density Polyethylene, reports TMR
Transparency Market Research
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High Density Polyethylene Market

High Density Polyethylene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2015 - 2023
The extremely fragmented global high density polyethylene market comprises a vast majority of regional and
local producers that cater to local businesses. The three leading producers of high density polyethylene had
barely taken up 16.3% of the global HDPE volume generated in 2014. These producers – Chevron Philips
Chemical Company, LyondellBasell Industries, and INEOS Olefins and Polymers – currently offer large plant
capacities and hold a strong distribution chain in key consumption regions.
According to a new publication by Transparency Market Research, the degree of competition in the global
market of high density polyethylene is expected to remain high over the coming years. The small number of
players that currently hold a global and regional prominence in HDPE production are vying to increase their
plant capacities.
The threat of new entrants is expected to remain low till 2023, owing to the very challenging aspect of
procuring raw materials for producing high density polyethylene. Additionally, the high capital required to set up
the technically intensive production plants also deter many entities from entering this market.
Browse The Full Research Report : http://www.transparencymarketresearch.com/high-densitypolyethylene-market.html
In terms of revenue, the global market for high density...


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