Cross-Linked Polyethylene Market worth 9.43 Billion by 2026


Posted June 28, 2018 by abhijeetw1

The global cross-linked polyethylene market is projected to reach USD 9.43 Billion by 2026, at a CAGR of 6.42% from 2016 to 2026

 
The report "Cross-Linked Polyethylene Market by Type (High Density Polyethylene (HDPE), Low Density Polyethylene (LDPE)), Application (Plumbing, Wires & Cables, Automotive), Region - Global Forecast to 2026", The global cross-linked polyethylene market was valued at USD 4.76 Billion in 2015 and is projected to reach USD 9.43 Billion by 2026, at a CAGR of 6.42% from 2016 to 2026.

Browse 86 market data tables and 48 figures spread through 142 pages and in-depth TOC on “Cross-Linked Polyethylene Market by Type (High Density Polyethylene (HDPE), Low Density Polyethylene (LDPE)), Application (Plumbing, Wires & Cables, Automotive), Region - Global Forecast to 2026”

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It is projected to reach 5,424.9 KT, by 2026, at a CAGR of 6.40% by volume. This growth is fueled by the increasing requirement of plastic pipes in the solar industry, and the low cost, easy installation, and flexibility of cross-linked polyethylene over traditional materials, and the significant growth in the automotive industry.

High Density Polyethylene (HDPE): The largest cross-linked polyethylene market, by agent

The market for high density cross-linked polyethylene is the largest in the global cross-linked polyethylene market followed by low density cross-linked polyethylene. The demand for high density cross-linked polyethylene is mainly driven due to its effective and substantial usage in the production of pipes and tubings in residential and commercial sectors. The high density based cross-linked polyethylene provides high tensile strength due to its intensive cross-linking and is resistant to corrosion, cracks, abrasion, and stress. Low density cross-linked polyethylene is generally used for wires & cables due to the high insulation properties that it imparts.

Plumbing: The largest application market for cross-linked polyethylene

Plumbing is currently the largest application of cross-linked polyethylene. Cross-linked polyethylene is largely used in the construction of sewer systems and water transmission systems. Steady growth in construction spending and the numerous water infrastructure projects being undertaken in emerging countries are also expected to drive market growth

Asia-Pacific: The largest market for cross-linked polyethylene

The Asia-Pacific region was the largest market for cross-linked polyethylene, in terms of value and volume, in 2015. Steady growth in the construction spending in emerging countries such as, India, Vietnam, Indonesia, and Thailand, increased investments in industrial and public infrastructure and the use of HDPE pipes in natural gas distribution are the key factors driving the Asia-Pacific region market.

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Key Target Audience:

Regional manufacturers’ associations and general cross-linked polyethylene associations
Raw material manufacturers
Traders, distributors, and suppliers of cross-linked polyethylene
Government and regional agencies and research organizations
Scope of the Report:

This research report categorizes the global cross-linked polyethylene market based on agent, application, and region, and forecasts the revenue growth and provides an analysis of trends in each of the submarkets.

On the Basis of Type:

High Density Polyethylene(HDPE)
Low Density Polyethylene(LDPE)
Others (Linear Low Density Polyethylene (LLDPE), Ethylene Vinyl Acetate (EVA) and Polyolefenic Elastomer (POE)
Each type is further described in detail in the report with value forecasts until 2021.

On the Basis of Application:

Plumbing
Wires & cables
Automotive
Others (medical, dental, groundskeeping, and sports)
Each application segment is further described in detail in the report, with value forecasts until 2021.

On the Basis of Region:

Europe
North America
Asia-Pacific
South America
Middle East & Africa
Others
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Issued By MarketsandMarkets
Country United States
Categories Business , Industry , Manufacturing
Tags crosslinked polyethylene , crosslinked polyethylene market
Last Updated June 28, 2018