The global high density polyethylene (HDPE) resins market is expected to gain impetus from their increasing usage in the food packaging industry worldwide. They are capable of providing longer shelf lives to food products, as well as reduce spoilage. This information is given by Fortune Business Insights™ in a new study, titled, “High density Polyethylene (HDPE) Resins Market Size, Share & COVID-19 Impact Analysis, By Application (Film & Sheet, Injection Molding, Blow Molding, Pipe & Profile, Wire & Cables and Others), By End-use Industry (Packaging, Agriculture, Building & Construction, Automotive and Others), and Regional Forecast, 2020-2027.” The study further mentions that the HDPE resins market size was USD 52,389 Million in 2019. It is projected to reach USD 68,297 Million by 2027, exhibiting a CAGR of 4.96% during the forecast period.
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