High Density Polyethylene (HDPE) Global Market to 2020

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

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.

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%28HDPE%29-Global-Market-to-2020-Middle-East-Expected-to-Emerge-as-the-Key-
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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.

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 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.

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.

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

For more details contact:
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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Description: High Density Polyethylene (HDPE) Market Is Expected To Grow at a Healthy Rate of 7.3% During 2009 – 2020