Global High Density Polyethylene Jerrycan Market, By Product Type (Below 10 Liters, 10 to 25 Liters and Above 25 Liters), Application (Oil and Gas, Chemicals, Food and Beverages, Pharmaceuticals and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global High Density Polyethylene Jerrycan Market
The high density polyethylene jerrycan market is expected to witness market growth at a rate of 4.7% in the forecast period of 2021 to 2028 and is expected to reach USD 2,599.2 million by 2028. Data Bridge Market Research report on high density polyethylene jerrycan market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand for unitary packaging solutions for liquids namely chemicals, petrochemicals, functional agents, food additives, and others is escalating the growth of high density polyethylene jerrycan market.
Jerrycans were originally established utilizing metals, including steel, for carrying fuel. They are now broadly produced utilizing plastic, particularly high-density polyethylene (HDPE), because of various benefits over metals. The growth of jerrycans with added advanced attributes, enhanced stackability and including easy-to-pour functionality for convenience of usage and sturdiness.
Major factors that are expected to boost the growth of the high density polyethylene jerrycan market in the forecast period are the product provides sturdiness, convenience and safety during transit. Furthermore, maximum end-use users prefer utilizing the product for handling hazardous chemicals during both storage and transport is further anticipated to propel the growth of the high density polyethylene jerrycan market. On the other hand, the growing expenses of raw materials is further projected to impede the growth of the high density polyethylene jerrycan market in the timeline period.
- In addition, they are more durable and can be recycled, because HDPE is one of the most easily recycled plastic polymer which will further provide potential opportunities for the growth of the high density polyethylene jerrycan market in the coming years. However, the HDPE is derived from the catalytic polymerization of ethylene and the price of ethylene is highly dependent on the expenditure in the petrochemical industry which might further challenge the growth of the high density polyethylene jerrycan market in the near future.
This high density polyethylene jerrycan market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on b high density polyethylene jerrycan market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global High Density Polyethylene Jerrycan Market Scope and Market Size
The high density polyethylene jerrycan market is segmented on the basis of product type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the high density polyethylene jerrycan market is segmented into below 10 liters, 10 to 25 liters and above 25 liters.
- On the basis of application, the high density polyethylene jerrycan market is segmented into oil and gas, chemicals, food and beverages, pharmaceuticals and others.
High Density Polyethylene Jerrycan Market Country Level Analysis
The high density polyethylene jerrycan market is analysed, and market size, volume information is provided by country, product type and application as referenced above.
The countries covered in the high density polyethylene jerrycan market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, rest of the Middle East and Africa (M.E.A.) as a part of the Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the high density polyethylene jerrycan market due to the rise in the export of oil and ongoing shale oil production. Asia-Pacific is projected to observe significant amount of growth in the high density polyethylene jerrycan market due to the rise in the growth of manufacturing and construction sector. Moreover, the swift industrialisation is further anticipated to propel the growth of the high density polyethylene jerrycan market in the region during the forecast period.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and High Density Polyethylene Jerrycan Market Share Analysis
The high density polyethylene jerrycan market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the high density polyethylene jerrycan market.
The major players covered in the high density polyethylene jerrycan market report are SCHÜTZ GmbH & Co. KGaA, Grief, Mauser Packaging Solutions, WERIT Kunststoffwerke W. Schneider GmbH & Co. KG., Denios Ltd, AST Kunststoffverarbeitung GmbH, RPC Promens, Greiner Packaging, Nexus Packaging Ltd., Grupo CTL - TH Packaging, Deren Ambalaj Sanayi ve Ticaret A.S., Kautex, JPlast, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (M.E.A.) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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