XLPE Market to Witness Robust Expansion by 2023

New report published by Market Research Report Store (MRRS) which offers insights on the global XLPE market.

XLPE is also known as cross-linkable PE compound, which has undergone a change in the molecular structure using a chemical or a physical process. It is based on PE resin, and produced and pelletized by special technology with adding special stabilizing agent, modifier and cross-linking agent. It is widely used in cable, tube and foam.

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Global XLPE Market: Forecast by Type / Application / Region

China is the largest consumption market of XLPE in the world in the past few years and it will keep the same position in the next few years. Chinese market took up about 48% the global market in 2015, followed by Europe (included CIS) with the share of 17%, USA is closely followed with the share about 17%. And China is a key importer of XLPE for extra high voltage cables, so far.

XLPE is mainly used for cables, tubes and foams. The consumption of cables is about 2/3 of the total market in the world in 2015, followed by the tubes with the share of 21%.

Over the next five years, LPI(LP Information) projects that XLPE will register a 1.5% CAGR in terms of revenue, reach US$ 1340 million by 2023, from US$ 1230 million in 2017.

Global XLPE Market: Key Players
Dow
Borealis
Wanma MM
Polyone
UBE Ind.
Solvay
Jiangsu Dewei
Shanghai Kaibo
Zhonglian Photoelectric
New Shanghua
CGN AM
Original
Hangzhou New Materials
Linhai Yadong
AEI

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Related Information:
United States XLPE Market Research Report 2018
Europe XLPE Market Research Report 2018
North America XLPE Market Research Report 2018
Asia-Pacific XLPE Market Research Report 2018
China XLPE Market Research Report 2018
EMEA XLPE Market Research Report 2018
Global XLPE Market Research Report 2018

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This release was published on openPR.