Global Chlorinated Polyethylene Market is anticipated to surpass USD 620.2 Million by 2021


Posted April 25, 2019 by Chemical-Research-Expert

Browse 78 market data Tables and 42 Figures spread through 138 Pages and in-depth TOC on "Chlorinated Polyethylene Market by Application , Grade , and Region".

 
The Global Chlorinated Polyethylene Market is projected to reach USD 620.2 Million by 2021, at a CAGR of 8.0% between 2016 and 2021. The market growth is mainly attributed to the rising awareness regarding the superior properties of chlorinated polyethylene and emerging economies that offer several untapped and unexplored growth opportunities.

Browse 78 market data Tables and 42 Figures spread through 138 Pages and in-depth TOC on "Chlorinated Polyethylene Market by Application (Impact Modifier, Wire and Cable Jacketing, Hose & Tubing, IR ABS, Adhesives, Magnetics, Others), Grade (CPE 135A, CPE 135B, Others), and Region - Global Forecasts to 2021".

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Chlorinated polyethylene is used in various applications, such as impact modifiers, wire & cable jacketing, hose & tubing, adhesives, magnetics, IR ABS, and others. In 2015, the impact modifier application segment accounted for 60.6% of the total consumption of chlorinated polyethylene worldwide. Huge demand for PVC siding, pipes, window profiles, doors, and fences, among others from the building & construction industry drives growth of impact modifiers in this market.

Based on grade, chlorinated polyethylene can be classified into CPE 135A, CPE 135B, and others. In 2015, CPE 135A grade is the most widely consumed grade of chlorinated polyethylene, owing to its increased usage in the impact modification processes.

The Asia-Pacific region led the global chlorinated polyethylene market in 2015. The Asia-Pacific market is projected to grow at the highest CAGR during the forecast period. This growth is mainly attributed to the fact that China is the world leader in the production as well consumption of chlorinated polyethylene, followed by India.

The key players involved in the production of CPE are 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), Sundow Polymers Co., Ltd. (Weifang, China), and Jiangsu Tianteng Chemical Industry Co., Ltd. (Dongtai City, China).

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Tags chlorinated polyethylene , chlorinated polyethylene market , polyethylene
Last Updated April 25, 2019