The global demand for Chlorinated Polyethylene Market is presumed to reach the market size of nearly USD 1188.59 MN by 2028 from USD 650.2 MN in 2021 with a CAGR of 9% under the study period 2022 - 2028.
Chlorinated polyethylene, or CPE, is a thermoplastic produced by high-density polyethylene (HDPE) chlorination. Chlorinated polyethylene is highly versatile and offers rigid to flexible thermoplastics. It possesses different features such as high tensile strength, filler acceptance, low-temperature performance, flame retardancy, and so on. The CPE is highly resistant to UV damage and provides the roof with an excellent aesthetic finish.
Market Dynamics
The increased use of polyethylene in tubing, wires, cables, and roofing applications is the key factor accelerating the chlorinated polyethylene product market growth. Moreover, the use of CPE in cosmetics and personal care products is increasing. This is due to the widespread use of polyethylene in eyeliners, eye shadows, mascara, eyebrow pencils, lipstick, foundations, and other beauty products. The rising consumer demand for high-end beauty, cosmetics, and personal care products will drive chlorinated polyethylene growth. Additionally, the introduction of new applications and technological advancements offers a growth opportunity during the forecast period. However, fluctuations in raw material prices and overcapacity production may hamper market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of chlorinated polyethylene. The growth and trends of chlorinated polyethylene industry provide a holistic approach to this study.
Market Segmentation
This section of the chlorinated polyethylene market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Grade
By Application
- Impact Modifier
- Wire & Cable Jacketing
- Hose & Tubing
- Ignition Resistant Acrylonitrile Butadiene Styrene (IR ABS)
- Adhesives
- Magnetics
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Chlorinated Polyethylene market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Chlorinated Polyethylene Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the chlorinated polyethylene market include Weifang Yaxing Chemical Co., Ltd. (Weifang, China), Novista Group Co., Ltd. (Weifang, China), Showa Denko K.K. (Tokyo, Japan), S&E Specialty Polymers (Lunenburg, U.S.), Shandong Xuye New Materials Co., Ltd. (Dongying City, China), Shandong Xiansheng Plastic Industry Co., Ltd. (Qingdao, China), Shandong Gaoxin Chemical Co., Ltd. (Weifang, China), Hangzhou Keli Chemical Co., Ltd. (Hangzhou City, China), and Sundow Polymers Co., Ltd. (Weifang, China). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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