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Global Crosslinked Polyethylene (PEX) Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Global Crosslinked Polyethylene (PEX) MarketXLPE 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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The global Crosslinked Polyethylene (PEX) market was valued at US$ 1306.7 million in 2022 and is anticipated to reach US$ 1453.4 million by 2029, witnessing a CAGR of 1.5% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Dow, Borealis, Wanma MM, Polyone, UBE Ind., Solvay, Jiangsu Dewei and Shanghai Kaibo are the key producers in the global XLPE market. Top six took up about 60% of the global market in 2015. Dow, Borealis, Polyone, which have leading technology and market position, are wellknown suppliers around the world, and Wanma MM is the most leading supplier in China with the share of about 30%. China is the largest consumption market of XLPE in the world. Chinese market took up about 48% the global market, 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.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Crosslinked Polyethylene (PEX), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Crosslinked Polyethylene (PEX).
The Crosslinked Polyethylene (PEX) market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Crosslinked Polyethylene (PEX) market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Crosslinked Polyethylene (PEX) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
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Segment by Type
• High-Density Polyethylene (HDPE)
• Low-Density Polyethylene (LDPE)
Segment by Application
• Wires & Cables
• Plumbing
• Automotive
• Others
By Company
• The Dow Chemical Company
• Borealis
• Solvay
• LyondellBasell
• ExxonMobil Corporation
• PolyOne Corporation
• 3H Vinacom
• Falcone Specialities
• Hanwha Chemical Corporation
• HDC Hyundai
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