High-Density Polyethylene And It’s Characteristics

high-density polyethylene extrusion market

The high-density polyethylene extrusion market was valued at US$33.145 billion in 2020, with a CAGR of 4.28% projected to reach US$44.445 billion by 2027.

HDPE, or High-Density Polyethylene, is a polymer whose monomer is ethylene. It’s a plastic material with an extremely high resilience ratio. HDPE is an extremely versatile plastic with numerous application areas, from pipes to storage bottles. Compared to other plastics, high-density polyethylene has a sharp melting point. Food-quality High-Density Polyethylene (HDPE) sheets that are industrial-grade, FDA, NSF, and USDA-approved are designed to be safe, low-maintenance, and long-lasting. Their textured surface offers a stable grip for holding food. Plastic extrusion is an ongoing high production process that involves melting raw plastic and forming it into a continuous profile. This phase started with plastic material being fed into the barrel of the extruder from a hopper. The material melts gradually. Rotating screws and heating systems arranged along the barrel produce mechanical energy. The molten polymer is then pushed into a die, forming it into a hardening shape during cooling.

Recycling of Waste Create Immense Opportunity for Driving the Market

The average waste generated per person per year in U.S. is 14.78 Pounds which averages around 2.23 million tons or 0.9 % by weight. Among which recycled waste account for 470,000 tons or 21% of the recycling rate. The landfill accounts for 1.76 million tons as per the data of the EPA.

Waste Type

Amount

Milk and Water Bottles

0.82 Million Tons

Containers For Other Products

1.41 Million Tons

The growing plastic usage in almost each and every aspect of different industry sector weather for packaging or for construction is expected to somehow generate the amount of plastic waste. The growing trend of recycling the plastic is enabling and boosting the High-Density Polyethylene (HDPE) Extrusion Market over the coming years.

Plastic Waste Generated

2005

2010

2018

Generation

29,380

31,400

35,680

Recycled

1,780

2,500

3,090

Composted

–

–

–

Combustion With Energy Recovery

4,330

4,530

5,620

Landfills

23,270

24,370

26,970

Source: EPA

Benefits OF High-Density Polyethylene Extrusion 

The intrinsic malleability of HDPE is one of its main advantages. HDPE, in particular, outperforms; b Because of its high melting point, HDPE remains rigid even at extreme temperatures. However, once the material has attained its melting point, it can be efficiently and quickly moulded in a wide range of unique implementations such as corrosion-resistant piping, geomembranes, cutting boards, detergent bottles, and milk jugs, food storage containers, plastic lumber, and much more. HDPE is resistant to mould, rotting, and mildew, making it an ideal content for underground water tubing. HDPE is a weather-resistant and long-lasting material that can be sterilized by boiling, making it an excellent choice for food and beverage canisters.

Furthermore, HDPE is resistant to most strong mineral acids and bases and has high durability to organic chemicals in soil. Furthermore, the material is resistant to most common chemicals, including solvents, acids, detergents, water, and cleaning fluids. HDPE plastic is easy to recycle, which helps keep non-biodegradable wastages out of landfills while reducing plastic usage by up to 50%.

High-Density Polyethylene Extrusion Market and ITs Products

Formolene HB6007 is a high-density polyethylene homopolymer resin crafted for liquid food blow moulding applications. For critical food packaging requirements, Formolene HB6007 is a high-quality product. It also has good rigidity characteristics.

Formolene HB5502S1-This High-Density Polyethylene Resin Intended for Sheet Extrusion. Formolene HB5502S1 HDPE resin is intended for demanding high stiffness and stress resistance to cracking. It can be used as a blow moulding resin or a thermoforming resin for sheet extrusion. Formolene HB5502S1 complies with all US Food and Drug Administration guidelines, which govern the safe use of polyolefin marketed for direct food contact.

HI-ZEX- Prime Polymer is Japan’s first high-density polyethylene (1958). It has high rigidity, superb elastic modulus, and good shock resistance. It also has high stability during moulding, tremendous stress wears resistance, and long-term corrosion-resistant and creep resistance.

SABIC B1054-B1054 is a High-Density Polyethylene created especially for blow moulding and jerry cans. It exhibits high stiffness, good ease of processing, and an excellent stiffness/ESCR ratio.

SABIC B4660-B4660 is a moderate molecular weight, High-Density Polyethylene homopolymer used for blow moulding. They are expressly designed to provide high rigidity, strength, and ease of fabrication. These distinct properties enable weight reduction while maintaining high top-load strength. B4660 is Suitable for the packaging of dairy products and juice.

Development

January 2022, WL Plastics Corporate entity has announced the completion of its acquisition of Charter Plastics, Inc.’s polyethylene pipe extrusion assets in Pennsylvania. This buyout allows WL Plastics to broaden its product portfolio, gain new customers, and enter new emerging economies. The Titusville site and associated assets can produce a wide range of polyethylene pipes for various applications, including reclaimed water, sewer, geothermal, gas, irrigation, potable water, and industrial applications.

Conclusion

HDPE frequently substitutes heavier materials, allowing individuals and businesses to undertake self-sustaining and cost-effective production and key deliverables. Because of its high fluidity, rigidity, and corrosion resistance. HDPE is the ideal blend of strength, cost-effectiveness, and nontoxicity.

High-Density Polyethylene (HDPE) Extrusion Market Scope:

Report Metric Details
 Market size value in 2020 US$33.145 billion
 Market size value in 2027 US$44.445 billion
 Growth Rate CAGR of 4.28% from 2020 to 2027
 Base year 2020
 Forecast period 2022–2027
 Forecast Unit (Value) USD Billion
 Segments covered Form, End-User, And Geography
 Regions covered North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered Chevron Phillips Chemical Company, Dynalab Corp, The Dow Chemical Company, Exxon Mobil Corporation, LyondellBasell Industries N.V., INEOS AG, Saudi Basic Industries Corporation (SABIC), SINOPEC Beijing Yanshan Company, PetroChina Company Ltd., Braskem, Reliance Industries Ltd., Formosa Plastics Corporation, Daelim Industrial Co. Ltd, Prime Polymer Co. Ltd, Mitsui Chemicals Inc.
 Customization scope Free report customization with purchase