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Global Chlorinated Polyethylene Market Size, Trends and Growth Opportunity, By Type (CPE 135A, CPE 135B, Others), By Application (Wire & Cable Jacketing, Impact Modifier, HOSE & Tubing, Ignition Resistant Abs, Adhesives, Magnetics, Others), By Region and Forecast Till 2027.


Report ID : IR100259 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 148

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  • Global Chlorinated Polyethylene Market Size, Trends and Growth Opportunity, By Type (CPE 135A, CPE 135B, Others), By Application (Wire & Cable Jacketing, Impact Modifier, HOSE & Tubing, Ignition Resistant Abs, Adhesives, Magnetics, Others), By Region and Forecast Till 2027.
    Global Chlorinated Polyethylene Market 
    The Global Chlorinated Polyethylene Market was valued at US$644.61 million in 2021 and it is expected to reach at US$1,173.20 million in 2027 at a CAGR of 10.48% during forecast period 2022-2027.
    Chlorinated polyethylene (CPE), a thermoplastic, is made by chlorinating polyethylene, as the name suggests. Outstanding oil, UV, heat, temperature, chemical, and environmental resistance is present. It is difficult to ignite and resists combustion. Chlorinated polyethylene is a polymer that has remarkable flexibility and tensile strength. The polymer is stable and is simple to mould. The polymer's chlorine content ranges from 35 to 75%, depending on its intended purpose. Several classes are developed depending on the viscosity, chlorine level, and other properties of the polymer.
    Market Drivers
    High-density polyethylene is chlorinated to produce chlorinated polyethylene, usually referred to as chlorinated PE, a class of thermoplastics. Due to its improved resistance capabilities over conventional polyethylene against oil, UV, heat, temperature, and chemicals, chlorinated polyethylene is becoming more and more necessary in the present market. It is projected that the market will benefit from the increased chlorine production brought on by the development of consumer industries. The demand for the product is also expected to be fuelled by growing customer adoption of the product around the world.
    Market Restraints
    Government rules that are too strict combined with growing environmental concerns will hinder business expansion. The negative environmental repercussions of chlorinated polyethylene's rising sales, which could be a hindrance to the market's growth, have also emerged as a major problem. High gas permeability and the formation of hydrogen chloride during burning are two of the most significant problems influencing sales of chlorinated polyethylene.
    Market Segment
    The global chlorinated polyethylene market is segmented into type and application. By type it segmented into CPE 135A, CPE 135B, others. By application it segmented into wire & cable jacketing, impact modifier, hose & tubing, ignition resistant abs, adhesives, magnetics, others.  
    Impact of COVID-19 on Chlorinated Polyethylene Market
    The chlorinated polyethylene sector has encountered numerous challenges and setbacks during the COVID-19 pandemic. Problems with supply chain logistics and logistics were to blame for the shortage of raw materials. Decreased manufacturing output across industries as a result of strict government rules also contributes to declining product demand. Labor shortages and strict social norms regarding social distance have been challenges for manufacturing. However, the market for chlorinated polyethylene will provide tremendous opportunities once the effects of COVID-19 fade.
    Regional Analysis
    The global chlorinated polyethylene market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. North America is predicted to have the greatest CAGR during the forecast period. Due to the increased focus of the key companies on expanding in this region and the high scale demand from the end user verticals, it is anticipated that the demand for chlorinated polyethylene in the region will increase over the course of the projection year.
    Key Players
    Various key players are listed in this report such as Henkel AG & Co. KGAA (Germany), Polycast Industries Inc. (India), 3M (U.S.), Dow (U.S.), DuPont (U.S.), Wacker Chemie AG (Germany), Momentive Performance Materials Inc. (U.S.), Shin-Etsu Chemical Company Ltd. (Japan), Evonik Industries AG (Germany), Weifang Yaxing Chemical Co., Ltd. (China)
    Market Taxonomy
    By Type

    •        CPE 135A
    •        CPE 135B
    •        Others
    By Application
    •        Wire & Cable Jacketing
    •        Impact Modifier
    •        Hose & Tubing
    •        Ignition Resistant Abs
    •        Adhesives
    •        Magnetics
    •        Others
    Key Question Addressed by the Report
    •        What are the Key Opportunities in Global Chlorinated Polyethylene Market?
    •        What will be the growth rate from 2022 to 2027?
    •        Which segment/region will have highest growth?
    •        What are the factors that will impact/drive the Market?
    •        What is the role of key players in the value chain?
    •        What is the competitive Landscape in the industry?

    Global Chlorinated Polyethylene Market TOC:
    1 Introduction        
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Chlorinated Polyethylene Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Chlorinated Polyethylene Market, By Type
    5.1 Y-o-Y Growth Comparison, By Type
    5.2 Global Chlorinated Polyethylene Market Share Analysis, By Type
    5.3 Global Chlorinated Polyethylene Market Size and Forecast, By Type
    5.3.1 CPE 135A
    5.3.2 CPE 135B
    5.3.3 Others
    6 Global Chlorinated Polyethylene Market, By Application
    6.1 Y-o-Y Growth Comparison, By Application
    6.2 Global Chlorinated Polyethylene Market Share Analysis, By Application
    6.3 Global Chlorinated Polyethylene Market Share Analysis, By Application
    6.3.1 Wire & Cable Jacketing
    6.3.2 Impact Modifier
    6.3.3 Hose & Tubing
    6.3.4 Ignition Resistant Abs
    6.3.5 Adhesives
    6.3.6 Magnetics
    7 Global Chlorinated Polyethylene Market, By Region
    7.1 Global Chlorinated Polyethylene Market Share Analysis, By Region
    7.2 Global Chlorinated Polyethylene Market Share Analysis, By Region
    8 North America Chlorinated Polyethylene Analysis and Forecast (2022-2027)
    8.1 Introduction
    8.2 North America Chlorinated Polyethylene Market Share Analysis, By Type
    8.3 North America Chlorinated Polyethylene Size and Forecast, By Application
    8.4 North America Chlorinated Polyethylene Market Size and Forecast, By Country
    8.4.1 U.S
    8.4.2 Canada
    8.4.3 Mexico
    9 Europe Chlorinated Polyethylene Market Analysis and Forecast (2022-2027)
    9.1 Introduction
    9.2 Europe Chlorinated Polyethylene Market Share Analysis, By Type
    9.3 Europe Chlorinated Polyethylene Market Size and Forecast, By Application
    9.4 Europe Chlorinated Polyethylene Market Size and Forecast, By Country
    9.4.1 Germany
    9.4.2 France
    9.4.3 UK
    9.4.4 Rest of Europe
    10 Asia Pacific Chlorinated Polyethylene Market Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 Asia-Pacific Chlorinated Polyethylene Market Size and Forecast, By Type
    10.3 Asia-Pacific Chlorinated Polyethylene Market Size and Forecast, By Application
    10.4 Asia-Pacific Chlorinated Polyethylene Market Size and Forecast, By Country
    10.4.1 China        
    10.4.2 Japan
    10.4.3 India
    10.4.4. Rest of Asia Pacific
    11 Latin America Chlorinated Polyethylene Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 Latin America Chlorinated Polyethylene Market Size and Forecast, By Type
    11.3 Latin America Chlorinated Polyethylene Market Size and Forecast, By Application
    11.4 Latin America Chlorinated Polyethylene Market Size and Forecast, By Country
    11.4.1 Brazil
    11.4.2. Rest of Latin America
    12 Middle East Chlorinated Polyethylene Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Middle East Chlorinated Polyethylene Market Share Analysis, By Type
    12.3 Middle East Chlorinated Polyethylene Market Size and Forecast, By Application
    12.4 Middle East Chlorinated Polyethylene Market Size and Forecast, By Country
    12.4.1. Saudi Arabia
    12.4.2. UAE
    12.4.2. Egypt
    12.4.4. Kuwait
    12.4.5. South Africa
    13 Competitive Analysis
    13.1 Competition Dashboard
    13.2 Market share Analysis of Top Vendors
    13.3 Key Development Strategies
    14 Company Profiles
    14.1. Henkel AG & Co. KGAA (Germany)
    14.1.1 Overview
    14.1.2 Offerings
    14.1.3 Key Financials
    14.1.4 Business Segment & Geographic Overview
    14.1.5 Key Market Developments
    14.1.6 Key Strategies
    14.2. DuPont (U.S.)
    14.2.1 Overview
    14.2.2 Offerings
    14.2.3 Key Financials
    14.2.4 Business Segment & Geographic Overview
    14.2.5 Key Market Developments
    14.2.6 Key Strategies
    14.3. Polycast Industries Inc. (India)
    14.3.1 Overview
    14.3.2 Offerings
    14.3.3 Key Financials
    14.3.4 Business Segment & Geographic Overview
    14.3.5 Key Market Developments
    14.3.6 Key Strategies
    14.4. 3M (U.S.)
    14.4.1 Overview
    14.4.2 Offerings
    14.4.3 Key Financials
    14.4.4 Business Segment & Geographic Overview
    14.4.5 Key Market Developments
    14.4.6 Key Strategies
    14.5. Dow (U.S.)
    14.5.1 Overview
    14.5.2 Offerings
    14.5.3 Key Financials
    14.5.4 Business Segment & Geographic Overview
    14.5.5 Key Market Developments
    14.5.6 Key Strategies
    14.6. Wacker Chemie AG (Germany)
    14.1 Overview
    14.6.2 Offerings
    14.6.3 Key Financials
    14.6.4 Business Segment & Geographic Overview
    14.6.5 Key Market Developments
    14.6.6 Key Strategies
    14.7. Shin-Etsu Chemical Company Ltd. (Japan)
    14.7.1 Overview
    14.7.2 Offerings
    14.7.3 Key Financials
    14.7.4 Business Segment & Geographic Overview
    14.7.5 Key Market Developments
    14.7.6 Key Strategies
    14.8. Momentive Performance Materials Inc. (U.S.)
    14.8.1 Overview
    14.8.2 Offerings
    14.8.3 Key Financials
    14.8.4 Business Segment & Geographic Overview
    14.8.5 Key Market Developments
    14.8.6 Key Strategies
    14.9. Weifang Yaxing Chemical Co., Ltd. (China)
    14.9.1 Overview
    14.9.2 Offerings
    14.9.3 Key Financials
    14.9.4 Business Segment & Geographic Overview
    14.9.5 Key Market Developments
    14.9.6 Key Strategies
    14.10. Evonik Industries AG (Germany)
    14.10.1 Overview
    14.10.2 Offerings
    14.10.3 Key Financials
    14.10.4 Business Segment & Geographic Overview
    14.10.5 Key Market Developments
    14.10.6 Key Strategies