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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Chlorinated Polyethylene Market Size

The global chlorinated polyethylene market attained a value of about USD 757.98 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 8.38% to reach nearly USD 1563.70 million by 2032.

Global Chlorinated Polyethylene Market

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Global Chlorinated Polyethylene Market Growth

The increasing use of chlorinated polyethylene as an impact modifier is driving the growth of the growth. As chlorinated polyethylene has excellent weatherability, anti-flaming properties, high impact strength, and lower-temperature flexibility, among others, it is increasingly deployed in polyvinyl chloride (PVC), thus bolstering the growth of the industry. In addition, the extensive requirement for impact modifiers in industries like construction, automobile, transportation, and packaging, among others, is leading to a surge in demand for chlorinated polyethylene, thus invigorating the market growth.

The growing deployment of chlorinated polyethylene as a toughening agent for acrylonitrile butadiene styrene (ABS) and polypropylene plastic, among others, is significantly contributing to the growth of the industry. The high chemical resistance, colour performance, and mechanical stability of chlorinated polyethylene are also surging their utilisation as a toughening agent in applications like the industrial hose, magnetic materials, and rubber sheet, among others, thereby further augmenting the market growth.

Global Chlorinated Polyethylene Market Segmentation

Chlorinated polyethylene is a tasteless, non-toxic, and powered compound that is made by substituting hydrogen atoms in high-density polyethylene (HDPE) with chlorine atoms. It has excellent flexibility, chemical stability, and high thermal resistance. Moreover, chlorinated polyethylene easily blends with plastics like polyvinyl chloride, polyethylene, and ethylene vinyl acetate (EVA).

Global Chlorinated Polyethylene Market by Segment

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The major products of chlorinated polyethylene are:

  • CPE 135A
  • CPE 135B
  • Others

The market can be broadly categorised on the basis of its application segments into:

  • Impact Modifier
  • Wire and Cable Jacketing
  • Hose and Tubing
  • Adhesives
  • Magnetics
  • IR ABS
  • Others

The EMR report looks into the regional markets of chlorinated polyethylene like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Global Chlorinated Polyethylene Market by Region

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Rising Demand for Chlorinated Polyethylene in Wire and Cable Jacketing to Drive the Market Growth

The rising demand for chlorinated polyethylene in wire and cable jacketing is propelling the market growth. With the excellent mechanical properties and cost-effectiveness of chlorinated polyethylene, it is extensively preferred for insulation in the electronics industry, which is fuelling the market growth. In addition, the high adaptability of chlorinated polyethylene is surging their use with polyvinyl chloride (PVC) and ethylene vinyl acetate (EVC). This, in turn, is leading to the development of products with high dimensional stability, thereby invigorating the growth of the market.

The growing demand for low-voltage-power-and-cable-control cables with excellent fire redundant properties is providing impetus to the market growth of chlorinated polyethylene. As various research activities are initiated by leading companies, chlorinated polyethylene with high processibility and oil resistant properties are developed, which is expected to fuel the market growth. Moreover, the increasing attempts to boost the cost-efficiency of the development of chlorinated polyethylene is anticipated to significantly contribute to the industry growth in the forecast period.

Key Industry Players in the Global Chlorinated Polyethylene Industry

The report presents a detailed analysis of the following key players in the global chlorinated polyethylene market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Weifang Yaxing Chemical Co. Ltd
  • Shandong Novista Chemicals Co.,Ltd (Novista Group)
  • Showa Denko K. K.
  • Shandong Xuye New Materials Co., Ltd.
  • Hangzhou Keli Chemical Co., Ltd.
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Application
  • Region
Breakup by Product
  • CPE 135A
  • CPE 135B
  • Others
Breakup by Application
  • Impact Modifier
  • Wire and Cable Jacketing
  • Hose and Tubing
  • Adhesives
  • Magnetics
  • IR ABS
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Weifang Yaxing Chemical Co. Ltd
  • Shandong Novista Chemicals Co.,Ltd (Novista Group)
  • Showa Denko K. K.
  • Shandong Xuye New Materials Co.,Ltd.
  • Hangzhou Keli Chemical Co., Ltd.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

Chlorinated Polyethylene Market Report Snapshots

Chlorinated Polyethylene Market Size

Chlorinated Polyethylene Market Growth

Chlorinated Polyethylene Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global chlorinated polyethylene market attained a value of nearly USD 757.98 million.

The market is projected to grow at a CAGR of 8.38% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 1563.70 million by 2032.

The market is being aided by the growing use of chlorinated polyethylene as an impact modifier, the increasing use of chlorinated polyethylene as a toughening agent, and the rising use of chlorinated polyethylene in various end-use industries.

The industry is expected to be driven by the rising demand for chlorinated polyethylene in wire and cable jacketing, the high adaptability of chlorinated polyethylene, and the development of high-efficient chlorinated polyethylene.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major products of chlorinated polyethylene in the industry are CPE 135A and CPE 135B, among others.

The significant application segments in the market are impact modifier, wire and cable jacketing, hose and tubing, adhesives, magnetics, and IR ABS, among others.

The major players in the industry are Weifang Yaxing Chemical Co. Ltd, Shandong Novista Chemicals Co.,Ltd (Novista Group), Showa Denko K. K., Shandong Xuye New Materials Co., Ltd., and Hangzhou Keli Chemical Co., Ltd., among others.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124