Global Bimodal High Density Polyethylene (HDPE) Market Analysis: Plant Capacity, Location, Production, Operating Efficiency, Industry Market Size, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Manufacturing Process

Global Bimodal High Density Polyethylene (HDPE) Market Analysis: Plant Capacity, Location, Production, Operating Efficiency, Industry Market Size, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Manufacturing Process, 2015-2032

Global bimodal HDPE demand stood at around 17.8 Million Tonnes in 2022 and is forecast to reach 27.2 Million Tonnes by 2032, growing at a healthy CAGR of 4.80% until 2032.

Bimodal HDPE is a type of HDPE that has both amorphous and crystalline regions. As a result, it benefits from the bimodality by having strength and stiffness of HDPE and high stress crack resistance and processability of a unimodal medium density polyethylene. It is a mixture of low molecular weight HDPE and High molecular weight HDPE. Bimodal HDPE has several properties including high mechanical strength, durability, chemical resistance, lightweight, etc. Major applications of bimodal HDPE are bimodal HDPE pipe, bimodal HDPE film, and bimodal HDPE blow molding. The end-user industries for bimodal HDPE are gas and water pipelines, detergent bottles, food storage containers, bottle caps, and others. Growing demand from the end-user industries such as gas and water pipelines, detergent bottles, and food storage containers is expected to drive the demand for bimodal HDPE for the forecast period. Moreover, the growing demand for biodegradable plastics is expected to hinder demand growth during the forecast period.

In 2020, the spread of COVID-19 in major global economies caused nationwide lockdowns which had an impact on several industries. Detergents and cleaners were among the most affected industries during the pandemic. This had an impact on the demand for bimodal HDPE for the first half of 2020. Therefore, the demand for bimodal HDPE grew during the coronavirus pandemic from the detergents and cleaners bottles segment due to increased awareness about health and hygiene.

Region-wise, Asia-pacific region holds the major share of global demand for bimodal HDPE due to the increasing demand of application industries such as detergents and cleaners. Moreover, the increasing number of products using bimodal HDPE is another factor influencing demand growth in Asia-Pacific.

Years considered for this report:

Historical Period: 2015-2022

Base Year: 2022

Estimated Year: 2023

Forecast Period: 2024–2032

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Objective of the Study:

• To assess the demand-supply scenario of bimodal HDPE which covers production, demand and supply of bimodal HDPE market globally.
• To analyse and forecast the market size of bimodal HDPE .
• To classify and forecast global bimodal HDPE market based on end-use, sales channel and regional distribution.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global bimodal HDPE market.
• To identify leading players involved in the manufacturing of bimodal HDPE.

Major players for bimodal HDPE globally include The Dow Chemical Company, Chevron Phillips Chemical Company, Saudi Basic Industries Corporation (SABIC), Exxon Mobil Corporation, Dynalab Corp., LyondellBasell Industries N.V., INEOS AG, SINOPEC Beijing Yanshan Company, PetroChina Company Ltd., Braskem, Formosa Plastics Corporation, Daelim Industrial Co. Ltd., Prime Polymer Co. Ltd. and Mitsui Chemicals Inc.

To extract data for global bimodal HDPE market, primary research surveys were conducted with bimodal HDPE manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for Global bimodal HDPE market over the coming years.

ChemAnalyst calculated bimodal HDPE demand globally by analyzing the historical data and demand forecast which was carried out considering bimodal HDPE prices, materials used for production of bimodal HDPE . ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.

Key Target Audience:

• bimodal HDPE manufacturers and other stakeholders
• Organizations, forums and alliances related to bimodal HDPE distribution
• Government bodies such as regulating authorities and policy makers

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as bimodal HDPE manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, global bimodal HDPE market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, by End Use- Gas and Water Pipeline, Detergent Bottles, Food Containers, Bottle Caps, and others
• Market, by Sales Channel-Direct Sales, Indirect Sales
• Market, by Region-North America, APAC, Europe, MEA, South America

Please Note: This report will be delivered on an online digital platform with a one-year subscription and quarterly update. Due to data confidentiality, we do not sell ChemAnalyst portal to competitors and consulting companies.