Press release
Chlorinated Polyethylene Market Global Industry Analysis and Growth Factors During the Forecast Period
Chlorinated Polyethylene Market Drivers
The demand for chlorinated polyethylene market is driven due to the replacement of wood and steel with plastics in the manufacturing of doors and windows. With the development of PVC plastic profiles for doors and windows, the demand for chlorinated polyethylene has overgrown.
The global total chlorinated polyethylene capacity and output are about 530,000 tonnes per annum and 265,000 tonnes per annum in 2016 and 2017 respectively.
To know more, feel free to download a sample from the following portal -https://www.datamintelligence.com/research-report/chlorinated-polyethylene-market
Chlorinated Polyethylene Market Segmentation
By application, the global chlorinated polyethylene market is segmented into impact modifier, wire & cable jacketing, hose & tubing, ignition resistant acrylonitrile butadiene styrene (IR ABS), adhesives, magnetic, and others. Of these, impact modifier holds the largest market share in the global chlorinated polyethylene market.
CPE is the most widely used impact modifier in the PVC profiles industry. About 80% of CPE is used for PVC modification and about 20% for the production of wires, cables, and ABS modification.
Wire & cable jacketing application segment is expected to exhibit sustained growth owing to the growing demand for highly durable fire-retardant jacketing products to reduce the risk of fire in commercial and household establishments.
Chlorinated Polyethylene Regional Share
Geographically, the global chlorinated polyethylene market is segmented into North America, Europe, South America, Asia Pacific, and RoW. Of these, Asia Pacific is currently leading the chlorinated polyethylene market regarding consumption.
In 2017, China was the dominant CPE consumer, accounting for nearly 82% of global demand, followed by other Asia (excluding Japan), the US, and Europe. With a slowdown in the Chinese economy, consumption is anticipated to grow at a minimal growth rate of 3% per year.
Chlorinated Polyethylene Company Trends
Global chlorinated polyethylene market is highly concentrated with few players dominating the market. Critical players in Chlorinated polyethylene market include the Dow Chemical Company, Showa Denko K.K, Hangzhou Keli Chemical Co., Ltd, Aurora Plastics LLC, Linda Corporation, Sanyo Corporation of America., Weifang Yaxing Chemical Co., Ltd., Mexichem Specialty Compounds Inc., Fortune JC, and Jiangsu Tianteng Chemical Industry Co., Ltd.
To know more information about the report -https://www.datamintelligence.com/research-report/chlorinated-polyethylene-market
The research report covers the following topics-
1. Chlorinated Polyethylene Market - Methodology and Scope
2. Chlorinated Polyethylene Market - Industry Trends
3. Chlorinated Polyethylene Market - Market Outlook
4. Chlorinated Polyethylene Market - Product-based Analysis
5. Chlorinated Polyethylene Market - Application-based Analysis
6. Chlorinated Polyethylene Market - Regional, Country-level Analysis
6.1. North America
6.2. South America
6.3. Europe
6.4. Asia-Pacific
6.5. Rest of the World
7. Chlorinated Polyethylene Market - Competitive Analysis
8. Chlorinated Polyethylene Market - Company Profiles
9. Chlorinated Polyethylene Market - Appendix
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DataM Intelligence 4Market Research is a Market Intelligence and Business Research firm, based in India. It aims to bridge the two main aspects of a business decision - opinion and supportive data.
DMI is currently strengthening its cross-industrial database for sectors including Alternative Energy, Chemicals, Materials, Agriculture, Healthcare Services, Animal Nutrition, Consumer Goods, Food & Beverages, Industrial Machinery and Automation among others.
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