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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Chlorinated Polyethylene Market Growth
The increasing use of chlorinated polyethylene as an impact modifier is driving the growth of the growth. As chlorinated polyethylene has excellent weatherability, anti-flaming properties, high impact strength, and lower-temperature flexibility, among others, it is increasingly deployed in polyvinyl chloride (PVC), thus bolstering the growth of the industry. In addition, the extensive requirement for impact modifiers in industries like construction, automobile, transportation, and packaging, among others, is leading to a surge in demand for chlorinated polyethylene, thus invigorating the market growth.
The growing deployment of chlorinated polyethylene as a toughening agent for acrylonitrile butadiene styrene (ABS) and polypropylene plastic, among others, is significantly contributing to the growth of the industry. The high chemical resistance, colour performance, and mechanical stability of chlorinated polyethylene are also surging their utilisation as a toughening agent in applications like the industrial hose, magnetic materials, and rubber sheet, among others, thereby further augmenting the market growth.
Chlorinated Polyethylene Market Report Snapshots
Chlorinated Polyethylene Market Size
Chlorinated Polyethylene Market Growth
Chlorinated Polyethylene Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global chlorinated polyethylene market attained a value of nearly USD 757.98 million.
The market is projected to grow at a CAGR of 8.38% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 1563.70 million by 2032.
The market is being aided by the growing use of chlorinated polyethylene as an impact modifier, the increasing use of chlorinated polyethylene as a toughening agent, and the rising use of chlorinated polyethylene in various end-use industries.
The industry is expected to be driven by the rising demand for chlorinated polyethylene in wire and cable jacketing, the high adaptability of chlorinated polyethylene, and the development of high-efficient chlorinated polyethylene.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major products of chlorinated polyethylene in the industry are CPE 135A and CPE 135B, among others.
The significant application segments in the market are impact modifier, wire and cable jacketing, hose and tubing, adhesives, magnetics, and IR ABS, among others.
The major players in the industry are Weifang Yaxing Chemical Co. Ltd, Shandong Novista Chemicals Co.,Ltd (Novista Group), Showa Denko K. K., Shandong Xuye New Materials Co., Ltd., and Hangzhou Keli Chemical Co., Ltd., among others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124