Press release
PE-RT Market Research Report 2024
PE-RT Market SizeThe global PE-RT market was valued at US$ 874.4 million in 2023 and is anticipated to reach US$ 1170.2 million by 2030, witnessing a CAGR of 4.2% during the forecast period 2024-2030.
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Polyethylene of raised temperature resistance, short as PE-RT, is an advanced type of polyethylene to add extra performance characteristics such as enhanced strength at high temperatures to the traditional properties of polyethylene. Owning to enhanced mechanical properties at elevated temperature, PE-RT resins can be used in all hot water & heat distribution applications.
The common monomers of polymerization include ethylene, Hexene, and Octene.
The major players in global PE-RT market include Dow Chemical, SK, LG Chem, etc. The top 3 players occupy about 50% shares of the global market. South Korea and North America are main markets, they occupy about 60% of the global market. Ethylene-Hexene is the main type, with a share about 50%. Under-floor and Wall Heating & Cooling is the main application, which holds a share about 70%.
This report aims to provide a comprehensive presentation of the global market for PE-RT, 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 PE-RT.
By Type
• Ethylene-Octene
• Ethylene-Hexene
• Ethylene-Butene
By Application
• Under-floor and Wall Heating & Cooling
• Plumbing & Drinking Water Supply
• Industrial Pipes and Fittings
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