Plumbing is estimated to be the largest application of cross-linked polyethylene. Exposure to moisture, acids, salts, and climatic changes lead to failure in the traditional copper and PCV pipes in plumbing. Thus, cross-linked polyethylene pipes are an efficient alternative which not only are resistant to moisture, acids, and salts, but are also easier to install and provide superior performance. Therefore, the widespread use of cross-linked polyethylene in the plumbing application is making it the largest application in the global cross-linked polyethylene market.
The Asia-Pacific region led the global cross-linked polyethylene market, both, in terms of value and volume, in 2015. China is the largest market for cross-linked polyethylene in the Asia-Pacific region, and accounted for a major share of the market in terms of value, in 2015. The growing construction sector, increasing R&D activities initiated by major players, the ease of availability of raw material, and increasing development strategies to meet the demand for cross-linked polyethylene in the established and emerging applications, are the key growth drivers for cross-linked polyethylene in this region.
The global Cross-Linked Polyethylene market was xx million US$ in 2020 and is expected to xx million US$ by the end of 2025, growing at a CAGR of 5.9% between 2020 and 2025.
The report offers detailed coverage of Cross-Linked Polyethylene industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Cross-Linked Polyethylene by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Cross-Linked Polyethylene market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.
First, this report covers the present status and the future prospects of the global Cross-Linked Polyethylene market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
The DOW Chemical Company
Arkema Group
Borealis AG
Akzonoble N.V.
Lyondellbasell Industries N.V.
3H Vinacom Co., Ltd.
Exxonmobil Chemical Company, Inc.
Falcone Specialities AG
Hanwha Chemical
Polyone Corporation
Hyundai EP
Kkalpana Group
Kanoo Group
Polylink Polymers (India) Ltd.
Saco Polymers Inc.
Sankhla Polymers Private Limited
Silon S.R.O.
Solvay SA
Vanderbilt Chemicals LLC
Zimmer Inc.
By the product type, the market is primarily split into
High Density Polyethylene(HDPE)
Low Density Polyethylene(LDPE)
Others (Linear Low Density Polyethylene (LLDPE), Ethylene Vinyl Acetate (EVA) and Polyolefenic Elastomer (POE)
By the end users/application, this report covers the following segments
Plumbing
Wires & cables
Automotive
Others (medical, dental, groundskeeping, and sports)
At the same time, we classify Cross-Linked Polyethylene according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Cross-Linked Polyethylene market for the forecast period 2020 - 2025?
• What are the driving forces in the Cross-Linked Polyethylene market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Cross-Linked Polyethylene industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?