Press release
Chlorinated Polyethylene Market Growing at a CAGR of 8.4% Projected to Surpass USD 1,419.85 Million by 2034
Chlorinated Polyethylene Market
Chlorinated Polyethylene -Market Insights, Size Revenue, Outlook, Overview, and Analysis. The global chlorinated polyethylene market was estimated to be worth USD 691.49 million in 2024 and is predicted to expand to USD 1,419.85 million by 2034, with a CAGR of 8.4% from 2025 to 2034.
Report Scope:
This comprehensive study provides an accurate overview of the worldwide chlorinated polyethylene industry. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by product, application, and region in the study, which offers a comprehensive picture of the state of the market.
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Market Definition:
Chlorinated polyethylene is a distinct kind of polyethylene that comprises 34 to 44% chlorine in its prominent chain. This particular configuration provides it with a broad gamut of properties that render it appropriate for several applications covering varied industries. It is obtained by substituting hydrogen atoms with chlorine atoms in high-density polyethylene (HDPE).
Drivers and Trends:
• The automotive industry is burgeoning, pushed by growing disposable income and the requirement for productive transportation modes, due to which demand for raw substances needed for manufacturing parts is surging.
• Chlorinated polyethylene is utilized in several construction applications involving roofing membranes, waterproofing membranes, and seals, as it is robust and hostile to weather and chemicals. The surge in construction ventures is elevating the demand for long-lasting materials.
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Top Companies:
The market is continuously developing, with innumerable firms struggling to invent and differentiate themselves. Here are the top companies in the chlorinated polyethylene market:
• Dow
• Arkema
• Resonac Holdings Corporation.
• Weifang Yaxing Chemical Co., Ltd.
• Sundow Polymers Co., Ltd.
• NIPPON SHOKUBAI CO., LTD.
• INEOS Group Limited
• Shandong Novista Chemicals Co., Ltd.
• Hangzhou Keli Chemical Co., Ltd.
• Shandong Xuye New Materials Co., Ltd.
• Focus Technology Co., Ltd.
• Shandong Pujie Rubber & Plastic Co., Ltd.
• Qingdao Hongjun Plastic Products Co., Ltd.
• Weifang Polygrand Chemical Co., Ltd.
Chlorinated Polyethylene Market Report Highlights
• Based on product, the CPE 135A segment is anticipated to experience substantial growth with a significant CAGR in the global market due to its excellent flexibility, durability, and resistance to heat and chemicals.
• Based on application, the impact modifier segment dominated the market in 2024, owing to its important role in the automotive and construction industries.
• In 2024, North America dominated the global market, driven by the robust growth of the logistics sector in the region.
• The chlorinated polyethylene market in India is projected for substantial growth due to the growth of the automotive industry.
Country-Wise Insights
According to regional research, North America dominated the market. The region's growth is aided by the evolvement of the logistics sector in the region. It is known for its robustness and aversion to detrimental conditions rendering it perfect for several logistics operations. Also, Asia Pacific is anticipated to emerge as the fastest-growing region in the chlorinated polyethylene market.
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Segmental Analysis
Polaris Market Research has segmented the chlorinated polyethylene market report on the basis of product and application:
By Product Outlook
• CPE 135A
• CPE 135B
• Others
By Application Outlook
• Impact Modifier
• Wire & Cable Jacketing
• Hose & Tubing
• Adhesives
• Magnetics
• IR ABS
• Others
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