Solid Plastic: New Ceresana Report about the Global Market for High Density Polyethylene
High Density Polyethylene (HDPE) ranks amongst the most sold plastics - and demand even continues to increase.
Extrusion, Injection Moulding and Blow Moulding
The most important technology for processing HDPE are extrusion, injection moulding and blow moulding. In 2018, more than 11 million tonnes of HDPE have been processed worldwide in the film and sheet extrusion. Blow moulding and injection moulding followed in second and third place. Ceresana's analysts expect, that the processing of pipes and profiles through extrusion will achieve the highest growth rate in the coming eight years, with 4,0% per year.
Plastic Packaging is the Main Use
HDPE is needed in a wide range of products – but with a market share of roughly 48 %, a majority relates to the packaging industry. In 2018, this plastic was most commonly used for the production of rigid packaging: 5,9 million tons HDPE was processed for the transport and industry containers alone. But nearly 21 % of the global consumption relates to flexible packaging like films, sack and bags.