The latest report titled “High-Density Polyethylene manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of High-Density Polyethylene.
Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, manufacturing cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry, including High-Density Polyethylene manufacturing process, that might influence High-Density Polyethylene manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
High-Density Polyethylene (HDPE) is a thermoplastic polymer that has ethylene as a monomer which is made using petroleum. HDPE has several properties, like being easy to melt, mould, and be moulded into any shape and the ability to hold its rigidity, which makes it ideal for various end-user applications. It has an excellent strength-to-density ratio along with high tensile strength. At 1380.8℃, HDPE undergoes melting, while at 111.9℃, it undergoes crystallization. It is also very chemical resistant, displaying resistance against common solvents, mineral acids, and cleaning fluids. The polymer is also cost-effective; UV-resistant; able to withstand temperatures between -148 to 176 degrees Fahrenheit; non-leaching; corrosion-resistant, and easy to recycle.
Market Drivers:
The market for High-Density Polyethylene (HDPE) is being driven by its extensive and versatile application across a range of industries, from plastic bottle manufacturing to piping. Its main usage is in making long-lasting plastic containers and bottles that can be extensively used in the food and beverage industry. In the piing sector, it finds use owing to properties like being durable, UV-resistant, and ability to handle the heat. Other end-uses boosting the commodity’s market growth include its application in plastic surgery, for making wood plastic composites, snowboarding, 3-D printing filament, shoe lasts, and in fuel tanks of many kinds of automobiles.
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