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Chlorinated Polyethylene Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

02-22-2024 05:09 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Chlorinated Polyethylene - Market Size

The global Chlorinated Polyethylene market size is expected to reach US$ 594.4 million by 2029, growing at a CAGR of 4.5% from 2023 to 2029.

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Chlorinated polyethylene (PE-C) is an inexpensive variation of polyethylene having a chlorine content from 34 to 44%. It is used in blends with polyvinyl chloride (PVC) because the soft, rubbery chlorinated polyethylene is embedded in the PVC matrix, thereby increasing the impact resistance. In addition, it also increases the weather resistance. Furthermore, it is used for softening PVC foils, without risking plasticizer migration. Chlorinated polyethylene can be crosslinked peroxidically to form an elastomer which is used in cable and rubber industry. When chlorinated polyethylene is added to Others polyolefins, it reduces the flammability. Chlorinated polyethylene is sometimes used in power cords as an outer jacket.

The market is mainly driven by the significant applications of Chlorinated Polyethylene in various end use industries. The expanding demands from the Impact Modifier, Wire & Cable Jacketing, Hose & Tubing and Ignition Resistant Acrylonitrile Butadiene Styrene (IR ABS), are propelling Chlorinated Polyethylene market. Chlorinated Polyethylene Resins, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Chlorinated Polyethylene Elastomers segment is estimated at % CAGR for the next seven-year period.

The Asia-Pacific region led the global chlorinated polyethylene market due to the increasing demand for chlorinated polyethylene from various end-use industries, such as building & construction, wires & cables, and automobiles, among Others. Growth in the Asia-Pacific chlorinated polyethylene market can also be attributed to the fact that China is the world leader in the production as well consumption of chlorinated polyethylene, followed by India.

By Type
• Chlorinated Polyethylene Resins
• Chlorinated Polyethylene Elastomers

By Application
• Impact Modifier
• Wire & Cable Jacketing
• Hose & Tubing
• Ignition Resistant Acrylonitrile Butadiene Styrene (IR ABS)
• Adhesives
• Magnetics

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-7U8909/global-chlorinated-polyethylene

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