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Global Chlorinated Polyethylene Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 140 Pages
  • November 2023
  • Region: Global
  • IMARC Group
  • ID: 5911985

Quick Summary:

In the dynamic and ever-evolving chlorinated polyethylene (CPE) industry, having comprehensive and in-depth market insights provides the competitive edge crucial for decision-making. As CPE continues to play a pivotal role across diverse sectors, its applications are expanding, driven by the material's superior properties such as enhanced thermal stability, robust resistance to chemicals, and versatility in blending with other plastics and rubbers. For astute business executives aiming to capitalize on these evolving market opportunities, a detailed understanding of the current trends, applications, and future growth avenues is indispensable.

This market research report is an indispensable resource for stakeholders looking for a meticulous exploration of the chlorinated polyethylene landscape. It delivers a granular analysis of key market segments, innovative applications, and emergent trends that are shaping the industry. With insights into how CPE is influencing automotive innovation, construction advancements, and its expanding footprint in coatings and adhesive technologies, this report equips you with the strategic intelligence to navigate the market's complexities with confidence. It also encompasses forecasts, competitive dynamics, and critical market stimuli, enabling you to align your business objectives with the trajectory of the CPE market.

The global chlorinated polyethylene market size reached US$ 624.3 Million in 2022. Looking forward, the market is expected to reach US$ 921.3 Million by 2028, exhibiting a growth rate (CAGR) of 6.70% during 2022-2028.

Chlorinated polyethylene (CPE) is a white, non-toxic, and tasteless powder obtained through the substitution of hydrogen atoms with chlorine atoms in high-density polyethylene (HDPE). It has high resistance to acid, oil, alkali, abrasion, and thermal oxygen and ozone aging. It exhibits improved thermal properties, excellent filling performance, and a better compression set, flame retardancy, tensile strength as compared to its conventional counterparts. Consequently, it finds extensive applications in tapes, wire and cable jacketing, roofing, molding and extrusion, and automotive and industrial hose and tubing across the globe.

Chlorinated Polyethylene Market Trends

The growth of the market can be primarily attributed to the widespread application of CPE in various industry verticals. For instance, due to excellent weatherability, low-temperature flexibility, and anti-aging and combustion properties, CPE is mixed with plastics, including polyethylene, ethylene-vinyl acetate (EVA), and polyvinyl chloride (PVC). This blend is further used to make rigid sheets, which are employed in the agriculture sector. Moreover, CPE mixed with other rubber materials is utilized for modifying magnetic materials. Apart from this, with the thriving construction industry, the demand for CPE is catalyzing for making flexible films for weather protection systems in residential buildings. Additionally, the rising sales of vehicles around the world on account of inflating income levels are promoting the adoption of CPE in the automotive industry for anti-skid braking (ABS) systems. Other factors, such as the growing adoption of consumer electronics and the rising use of hoses in the chemical, aerospace, pharmaceutical, and food and beverage (F&B) industries, are also bolstering the growth of the market. Furthermore, the major players are focusing on developing advanced grade products, which is anticipated to propel the market growth.

Key Market Segmentation

This research provides an analysis of the key trends in each sub-segment of the global chlorinated polyethylene market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on grade type, application and end use industry.

Breakup by Grade Type:

  • CPE 135A
  • CPE 135B

Breakup by Application:

  • Hose and Tubing
  • Window and Door Profiles
  • Fence
  • Molded and Extruded Goods
  • Rainwater Goods
  • Foams

Breakup by End Use Industry:

  • Automotive
  • Wire and Cables
  • Building and Construction
  • Coating and Adhesives

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Latin America
  • Brazil
  • Mexico
  • Middle East and Africa

Competitive Landscape

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. and Weifang Yaxing Chemical Co. Ltd.

Key Questions Answered in This Report

1. What was the size of the global chlorinated polyethylene market in 2022?
2. What is the expected growth rate of the global chlorinated polyethylene market during 2023-2028?
3. What are the key factors driving the global chlorinated polyethylene market?
4. What has been the impact of COVID-19 on the global chlorinated polyethylene market?
5. What is the breakup of the global chlorinated polyethylene market based on the grade type?
6. What is the breakup of the global chlorinated polyethylene market based on the application?
7. What is the breakup of the global chlorinated polyethylene market based on the end use industry?
8. What are the key regions in the global chlorinated polyethylene market?
9. Who are the key players/companies in the global chlorinated polyethylene market?
Frequently Asked Questions about the Global Chlorinated Polyethylene Market

What is the estimated value of the Global Chlorinated Polyethylene Market?

The Global Chlorinated Polyethylene Market was estimated to be valued at $624.3 Million in 2022.

What is the growth rate of the Global Chlorinated Polyethylene Market?

The growth rate of the Global Chlorinated Polyethylene Market is 6.7%, with an estimated value of $921.3 Million by 2028.

What is the forecasted size of the Global Chlorinated Polyethylene Market?

The Global Chlorinated Polyethylene Market is estimated to be worth $921.3 Million by 2028.

Who are the key companies in the Global Chlorinated Polyethylene Market?

Key companies in the Global Chlorinated Polyethylene Market include 3M Company, Becton Dickinson and Company, bioMérieux SA, Bio, Rad Laboratories Inc, Danaher Corporation, Eppendorf AG, QIAGEN, Sartorius AG and Merck KGaA.

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Chlorinated Polyethylene Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Grade Type
6.1 CPE 135A
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 CPE 135B
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Hose and Tubing
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Window and Door Profiles
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Fence
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Molded and Extruded Goods
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Rainwater Goods
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Foams
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Others
7.7.1 Market Trends
7.7.2 Market Forecast
8 Market Breakup by End Use Industry
8.1 Automotive
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Wire and Cables
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Building and Construction
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Coating and Adhesives
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Aurora Plastics LLC
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Hangzhou Keli Chemical Co. Ltd.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Jiangsu Tianteng Chemical Industry Co. Ltd.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Lianda Corporation
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Shandong Novista Chemicals Co. Ltd
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Shandong Gaoxin Chemical Co. Ltd.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Shandong Xiangsheng New Materials Technology Co. Ltd
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Shandong Xuye New Materials Co. Ltd.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Showa Denko K.K.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Sundow Polymers Co. Ltd.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Weifang Yaxing Chemical Co. Ltd.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials

Companies Mentioned

  • 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.

Methodology

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