HDPE Jug Market By Shape Dispensing Jug, Round Jug, Handled Jug and Square Jug , Capacity 2001 ml & Above, 1001 ml – 2000 ml, 501 ml – 1000 ml and Less than 500 ml and End User Pharmaceuticals & Healthcare, Personal Care & Cosmetics, Beverages, Home Care & Toiletries, Chemicals and Other End Users – Global Industry Analysis And Forecast To 2025
The high-density polyethylene HDPE also referred to as the polyethylene high-density PEHD is the polymer of thermoplastic manufactured from the ethylene monomer. It is also known as “polythene” or “alkathene” when utilized for the HDPE pipes. With the high ratio of strength-to-density, the HDPE is utilized in the manufacturing of the plastic containers, piping which is resistant to corrosion, plastic lumber and geomembranes. Therefore, the HDPE Jug Market is anticipated to expand and has tremendous scope during the forecast period. The global HDPE Jug Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Drivers & Restrains
The factors driving the market are; rising utilization of the cheaper version of fluid packaging solutions, more innovation in this market in terms of functionality & design, increasing number of applications in the food & beverages sector and few other factors. The factors limiting the market can be the option of biodegradable packaging available.
The North American region is leading the global HDPE Jug Market while the Asia Pacific region is showing more growth due to increasing utilization, increasing disposable income with the people, technological development in the manufacturing process, etc.
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Berlin Packaging LLC
Burch Bottle & Packaging, Inc.
Berry Global Inc.
United States Plastic Corporation
MJS Packaging Inc.
Thermo Fisher Scientific Inc.