Cross-linked Polyethylene Market Surges: Rising Demand in Infrastructure, Energy & Automotive Drives Global Growth 2025 | Top key players - Dow Inc., Borealis AG, LyondellBasell Industries Holding B.V.

The Global Cross-linked Polyethylene (PEX) Market reached US$ 7.6 billion in 2023 and is expected to reach US$ 13.9 billion by 2031, growing with a CAGR of 7.8% during the forecast period 2024-2031. | According to DataM Intelligence

The Cross-linked Polyethylene Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.

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The Cross-linked Polyethylene (PEX) Market focuses on polyethylene that has undergone a cross-linking process, enhancing its thermal stability, chemical resistance, and mechanical strength. Widely used in plumbing, insulation, automotive, and packaging, PEX offers superior durability over conventional polyethylene. The market growth is driven by rising infrastructure development, energy-efficient systems, and increasing demand in industrial and residential applications worldwide.

Prominent Industry players in the Cross-linked Polyethylene Market

The prominent players in Cross-linked Polyethylene market research report are: Dow Inc., Borealis AG, LyondellBasell Industries Holding B.V., Avient Corporation, SACO AEI Polymers, HDC Hyundai EP Company, 3H Vinacom Co., Ltd, Hanwha Chemical Corporation, Arkema Group and Solvay.

The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.

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Industry News:

✅ September 30, 2022 - Sumitomo Electric Industries, Ltd. successfully completed long-term testing of its 525 kV cross-linked polyethylene (XLPE)-insulated HVDC submarine cable system, achieving third-party certification and meeting the CIGRE-TB496 international standard. This marks the highest industrial voltage for XLPE DC submarine cables, supporting growing needs for renewable energy and long-distance power transmission.

✅ September 1, 2021 - ENEOS NUC Corporation, a subsidiary of ENEOS Corporation, announced plans to increase polyethylene production capacity by ~30,000 tons. Polyethylene produced here is primarily used as insulation material for extra high-voltage and high-voltage power cables, which are in higher demand as renewable energy infrastructure expands.

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Market Segments

By Product: Low-Density Polyethylene (LDPE), Medium Density Polyethylene (MDPE), High-Density Polyethylene (HDPE).

By Technology: Peroxide, Silane Grafting, Electron Beam Processing.

By Process: Physical, Chemical.

By Application: Wires & Cables, Plumbing, Medical, Chemical, Automotive, Others.

The Cross-linked Polyethylene industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.

Regions Covered:

The global Cross-linked Polyethylene Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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