[113 Pages Report with Detailed Analysis] HDPE Blow Molding and Injection Molding Containers Market (Description) : High-density polyethylene (HDPE) or polyethylene high-density (PEHD) is a polyethylene thermoplastic made from petroleum. It is usually used in container manufacturing.
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for HDPE Blow Molding and Injection Molding Containers estimated at USD 14390 million in the year 2022, is projected to reach a revised size of USD 17010 million by 2028, growing at a CAGR of 2.8% during the forecast period 2022-2028.
HDPE has been one of the leading choices for the manufacture of heavy duty containers that are used in day-to-day life. HDPE containers have been employed to package milk containers, personal care products such as shampoos in bottles, motor oil, and household products such as laundry detergents, among others. The growing global push for recyclable packaging solutions has led to a high demand for plastics such as HDPE. Being one of the polymers to be recycled, HDPE has high acceptance in recycling centers as recycling reduces the cost of products that are made from these plastics. HDPE containers can also be reused at homes, on the condition that they have been washed properly after use. As the world observes a growing demand for recyclable packaging solutions to counter the environmental challenges posed by conventional packaging solutions, HDPE containers are expected to witness increased preference and growth in demand in the coming years. As a result, the demand for injection molding is also rising across the globe.
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