High Density Polyethylene (HDPE) Global Market to 2020 - Middle East Expected to Emerge as the Key S...
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High Density Polyethylene (HDPE) Market Is Expected To Grow at a Healthy Rate of 7.3% During 2009 – 2020

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High Density Polyethylene (HDPE) Global Market to 2020 - Middle East Expected to Emerge as the Key Supplier


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High Density Polyethylene (HDPE) Market Is Expected To Grow at a Healthy Rate of 7.3% During 2009 - 2020

The global demand for HDPE increased from 15.5 million tons in 2000 to 23.1 million tons in 2009. The demand grew at a CAGR of 4.5% during the period. Packaging and construction industries were the major consumers of HDPE. In 2009, the combined share of both the industries was more than 85% of the demand for HDPE globally. Some of the major markets for HDPE have reached a saturation point which has limited the demand for HDPE in those regions. Countries such as the US and other developed countries in Europe such as that of Germany and France have reached the saturation level. The demand for HDPE is rising from other developing countries such as that of China, India and Brazil.

In the forecasted period from 2009-2020, the demand is expected to grow at a CAGR of 7.3%. Asia Pacific is expected to emerge as the leading region with a demand of more than 60% of the global demand for HDPE. Packaging and construction industries are expected to demand more of HDPE in the forecasted period.

Asia Pacific Leads the Demand for HDPE Market

In 2009, Asia Pacific emerged as the region with the highest demand for HDPE with a demand share of 46.8%. The increase in demand was primarily arising


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from the developing economies of China and India. North America was the second largest region in terms of demand for HDPE with a share of 23.4%. With a share of 18.2% of the demand for HDPE, Europe was the third largest player. South and Central America had a demand share of 6.9%. Brazil was the prominent developing country in the region with a significant demand share in 2009. Middle East was the region with the least demand, as most of the HDPE produced in the region was exported across the globe. Middle East had a share of 4.8% of the total demand for HDPE.

Middle East to Register the Highest Increase in Exports

In 2009, North America with a share of 26.8% had the maximum exports of HDPE. Asia Pacific came closely behind North America with a share 26.2%. Middle East was another major region which had a high share of 23.3%. Europe with a share of 17.9% and South and Central America with 5.7% were the other regions which exported HDPE.

By 2020, the share of North America would increase marginally and reach 27.4%. Middle East with its cost advantage would emerge as one of the top exporters of HDPE. The share is expected to reach 27.3%. Asia Pacific is also expected to increase its share of HDPE marginally to 26.5%. Europe is expected to loose its share and reach 12.6% and South and Central America is expected to have a share of 6.2% of the total exports of HDPE.


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GBI Research’s report, “High Density Polyethylene (HDPE) Market to 2020 - Middle East Expected to Emerge as the Key Supplier”, provides an in-depth analysis of the global High Density Polyethylene (HDPE) industry. The research presents detailed analysis and forecasts of the major economic and market trends affecting the HDPE markets in the major regions of the world. The report contains demand, production analysis and forecasts, drivers and restraints, end use analysis and forecasts, and market share analysis of the major producers in the major regions of the world. In addition, it includes demand and production forecasts for the major countries in all geographies. The report also contains the historic and forecast price trends for all the major countries. Overall, the report presents a comprehensive analysis of the global HDPE market covering all the major parameters.

For further details, please click or add the below link to your browser:

http://gbiresearch.com/Report.aspx?ID=High-Density-Polyethylene-%28HDPE%29-Global-Market-to-2020-Middle-East-Expected-to-Emerge-as-the-Key-Supplier&ReportType=Industry_Report&coreindustry=ALL&Title=Chemicals

Visit our report store: http://www.gbiresearch.com


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For more details contact: Market to 2020 - Middle East Expected to Emerge as the Key Supplier”, provides an in-depth analysis of the global High Density Polyethylene (HDPE) industry. The research presents detailed analysis and forecasts of the major economic and market trends affecting the HDPE markets in the major regions of the world. The report contains demand, production analysis and forecasts, drivers and restraints, end use analysis and forecasts, and market share analysis of the major producers in the major regions of the world. In addition, it includes demand and production forecasts for the major countries in all geographies. The report also contains the historic and forecast price trends for all the major countries. Overall, the report presents a comprehensive analysis of the global HDPE market covering all the major parameters.

pressreleases@gbiresearch.com

North America: +1 646 395 5477

Europe: +44 207 753 4299

+44 1204 543 533

Asia Pacific: +91 40 6616 6782


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