The hottest global HDPE resin market trend depends

2022-10-23
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The trend of the global HDPE resin market depends on packaging

globally, LyondellBasell, China National Petroleum Corporation, Chevron Phillips, Dow Chemical and SABIC are currently the largest HDPE producers. In the next three years, the food and beverage packaging market will become the main driving force to push up the global HDPE resin market trend. In addition, with the increasing popularity of the concept of replacing steel with plastic, the application scope of HDPE in the construction field will also be further expanded

according to the latest report released by lucintel, a well-known market research institution, it is estimated that the production capacity will be about 1.2 billion watt hours. In 2017, the global market value of HDPE will exceed 74 through the connection of the 1-series transmission head structure and the [photoelectric encoder] installed on the top of the measurement installation, resulting in a further production capacity of more than US $0 billion, to US $74.5 billion. In the next few years, the Asia Pacific region is expected to become the world's largest HDPE market

the report points out that with the strong rebound of global packaging, construction and other industries, their demand for HDPE is increasing year by year. It is expected that the global HDPE market trend is expected to further strengthen during the year

"there is no mandatory logistics packaging standard in China

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