High Density Polyethylene (HDPE) Market Growth is driven by Product Durability

HDPE is widely used in the production of pipes and fittings for water, sewage, and drainage systems due to its high strength, corrosion and temperature resistance. HDPE pipes require low maintenance and last up to 50-100 years underground. HDPE is also used in blow molding applications to manufacture durable consumer goods like trash cans, buckets, agricultural equipment and furniture. The material exhibits low moisture absorption and does not rust, making it suitable for applications in corrosive environments.
The Global High Density Polyethylene (HDPE) Market is estimated to be valued at US$ 127.72 Bn in 2024 and is expected to exhibit a CAGR of 6.1% over the forecast period 2024 to 2031.