Global HDPE Raw Materials for Bottle Cap Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global HDPE Raw Materials for Bottle Cap Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The material commonly used to make caps is polyethylene. Most caps are made of HDPE, high density polyethylene.

Market Overview:

The latest research study on the global HDPE Raw Materials for Bottle Cap market finds that the global HDPE Raw Materials for Bottle Cap market reached a value of USD 6616.43 million in 2022. It’s expected that the market will achieve USD 9201.1 million by 2028, exhibiting a CAGR of 5.65% during the forecast period.

Policy on bottled water

In some areas, restrictions on bottled water are being introduced, resulting in a decline in sales.

Local living habits

People in some areas do not like to drink bottled water and beverages, which is related to the habits they have handed down.

Economic conditions

In some areas, the living standards of residents are not enough to support their long-term purchase of beverages and bottled water, and the local related industries are poor.

Recyclable material

Some areas strongly advocate this material because the use of this material is environmentally friendly.

Water pollution that cannot be completely managed

Citing contaminated water is harmful to humans, so drinking water is especially important in this area, and HDPE Raw Materials for Bottle Cap will increase with sales.

Region Overview:

In 2022, the share of the HDPE Raw Materials for Bottle Cap market in Europe stood at 20.08%.

Company Overview:

DowDuPont Inc. is one of the major players operating in the HDPE Raw Materials for Bottle Cap market, holding a share of 3.32% in 2023.

DowDuPont Inc.

DowDuPont brings together the complementary portfolios of Dow and DuPont, two innovative, science-based companies that hold leadership positions in the Agriculture, Materials Science and Specialty Products industries. Working together, they intend to create three strong, independent companies that will be more competitive than either company could be on its own and well equipped for science-driven, profitable, long-term growth.

INEOS

INEOS is a global manufacturer of petrochemicals, speciality chemicals and oil products. It comprises 34 businesses each with a major chemical company heritage. Its production network spans 171 sites in 24 countries throughout the world.

Segmentation Overview:

Among different product types, Monolithic Cover segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Water segment occupied the biggest share from 2018 to 2022.

Key Companies in the global HDPE Raw Materials for Bottle Cap market covered in Chapter 3:

INEOS
PTT Global Chemical
LG Chem
Hanwha Total Petrochemical
Bourouge
ExxonMobil
SKchem
DowDuPont Inc.
SABIC
LyondellBasell
Sinopec

In Chapter 4 and Chapter 14.2, on the basis of types, the HDPE Raw Materials for Bottle Cap market from 2018 to 2029 is primarily split into:

Monolithic Cover
Double Cover

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the HDPE Raw Materials for Bottle Cap market from 2018 to 2029 covers:

Carbonated Drinks
Water
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)