The latest report by IMARC Group, titled Chlorinated Polyethylene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast2023-2028,offers a comprehensive analysis of the industry, which comprises insights on theChlorinated Polyethylene Market Report. The report also includes competitor and regional analysis, and contemporary advancements in the market.Theglobal chlorinated polyethylene market size reachedUS$ 624.3 Million in 2022.Looking forward, IMARC Group expects the market to reachUS$ 921.3 Million by 2028,exhibiting a growth rate(CAGR) of 6.8% during 2023-2028.Chlorinated polyethylene (CPE) refers to thermoplastic produced by the chlorination of high-density polyethylene. It has excellent resistance to oils, abrasions and chemicals, and exhibits better tensile strength, compression set and flame retardancy. Moreover, CPE is blended with plastics, such as ethylene-vinyl acetate (EVA) and polyvinyl chloride (PVC) due to its anti-aging and combustion properties, high weatherability, and low-temperature flexibility.
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Global Chlorinated Polyethylene Market Trends:
In recent years, the increasing applications of CPE across diverse industries represent the primary growth-inducing factors. For example, CPE is utilized for making flexible films in residential buildings for weather protection systems.
Besides this, it is widely adopted in the automotive industry for anti-skid braking (ABS) systems. Furthermore, with the expanding consumer electronics industry, there has been growing usage of CPE in flexible magnets. They are employed in computers, automobiles, and electrical motors on account of their high capacity for magnetic ferrite powders. Moreover, the leading players are developing advanced grade CPE products. These factors are anticipated to provide a positive outlook to the market in the coming years.
Global Chlorinated Polyethylene Market 2023-2028 Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players being:
- Aurora Plastics LLC
- Hangzhou Keli Chemical Co. Ltd
- Jiangsu Tianteng Chemical Industry Co. Ltd.
- Lianda Corporation
- Shandong Novista Chemicals Co. Ltd
- Shandong Gaoxin Chemical Co. Ltd
- Shandong Xiangsheng New Materials Technology Co. Ltd
- Shandong Xuye New Materials Co. Ltd.
- Showa Denko K.K
- Sundow Polymers Co. Ltd.
- Weifang Yaxing Chemical Co. Ltd.
Breakup by Grade Type:
- CPE 135A
- CPE 135B
- Others
Breakup by Application:
- Hose and Tubing
- Window and Door Profiles
- Fence
- Molded and Extruded Goods
- Rainwater Goods
- Foams
- Others
Breakup by End Use Industry:
- Automotive
- Wire and Cables
- Building and Construction
- Coating and Adhesives
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porters Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
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