Reports

Global Chlorinated Polyethylene Market to Reach About USD 1045.7 Million by 2027, Aided by the Rapid Industrialisation

Chlorinated Polyethylene Market

Global Chlorinated Polyethylene Market: By Product: CPE 135A, CPE 135B, Others; By Application: Impact Modifier, Wire and Cable Jacketing, Hose and Tubing, Adhesives, Magnetics, IR ABS, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Chlorinated Polyethylene Market Outlook

The global chlorinated polyethylene market attained a value of about USD 645.3 million in 2021. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 8.38% to reach nearly USD 1,045.7 million by 2027.

 

Global Chlorinated Polyethylene Market

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Growing Use of Chlorinated Polyethylene as an Impact Modifier Bolstering the 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.

 

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 Market

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.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
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, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface  
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Chlorinated Polyethylene Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Chlorinated Polyethylene Historical Market (2018-2022) 
    8.3    Global Chlorinated Polyethylene Market Forecast (2023-2028)
    8.4    Global Chlorinated Polyethylene Market by Product
        8.4.1    CPE 135A
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    CPE 135B
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
        8.4.3    Others
    8.5    Global Chlorinated Polyethylene Market by Application
        8.5.1    Impact Modifier
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Wire and Cable Jacketing
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028)
        8.5.3    Hose and Tubing
            8.5.3.1    Historical Trend (2018-2022)
            8.5.3.2    Forecast Trend (2023-2028)
        8.5.4    Adhesives
            8.5.4.1    Historical Trend (2018-2022)
            8.5.4.2    Forecast Trend (2023-2028)
        8.5.5    Magnetics
            8.5.5.1    Historical Trend (2018-2022)
            8.5.5.2    Forecast Trend (2023-2028)
        8.5.6    IR ABS
            8.5.6.1    Historical Trend (2018-2022)
            8.5.6.2    Forecast Trend (2023-2028)
        8.5.7    Others
    8.6    Global Chlorinated Polyethylene Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2022) 
            8.6.1.2    Forecast Trend (2023-2028)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2022) 
            8.6.2.2    Forecast Trend (2023-2028)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2022) 
            8.6.3.2    Forecast Trend (2023-2028)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2022) 
            8.6.4.2    Forecast Trend (2023-2028)
        8.6.8    Middle East and Africa
            8.6.8.1    Historical Trend (2018-2022) 
            8.6.8.2    Forecast Trend (2023-2028) 
9    North America Chlorinated Polyethylene Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
10    Europe Chlorinated Polyethylene Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022) 
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022) 
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022) 
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022) 
        10.4.2    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Chlorinated Polyethylene Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022) 
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022) 
        11.2.2    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Historical Trend (2018-2022) 
        11.3.2    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2022) 
        11.4.2    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.2    Historical Trend (2018-2022) 
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Chlorinated  Polyethylene Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022) 
        12.1.2    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2022) 
        12.2.2    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2022) 
        12.3.2    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Chlorinated Polyethylene Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2022) 
        13.1.2    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2022) 
        13.2.2    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2022) 
        13.3.2    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2022) 
        13.4.2    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Weifang Yaxing Chemical Co. Ltd
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Shandong Novista Chemicals Co.,Ltd (Novista Group)
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Showa Denko K. K.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Shandong Xuye New Materials Co.,Ltd.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Hangzhou Keli Chemical Co., Ltd.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Chlorinated Polyethylene Market: Key Industry Highlights, 2018 and 2028
2.    Global Chlorinated Polyethylene Historical Market: Breakup by Product (USD Million), 2018-2022
3.    Global Chlorinated Polyethylene Market Forecast: Breakup by Product (USD Million), 2023-2028
4.    Global Chlorinated Polyethylene Historical Market: Breakup by Application (USD Million), 2018-2022
5.    Global Chlorinated Polyethylene Market Forecast: Breakup by Application (USD Million), 2023-2028
6.    Global Chlorinated Polyethylene Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Chlorinated Polyethylene Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Chlorinated Polyethylene Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Chlorinated Polyethylene Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Chlorinated Polyethylene Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Chlorinated Polyethylene Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Chlorinated Polyethylene Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Chlorinated Polyethylene Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Chlorinated Polyethylene Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Chlorinated Polyethylene Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Chlorinated Polyethylene Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Chlorinated Polyethylene Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Global Chlorinated Polyethylene Market Structure

Key Questions Answered in the Report

What was the global chlorinated polyethylene market size in 2021?

In 2021, the global chlorinated polyethylene market attained a value of nearly USD 645.3 million.

What is the growth rate of the market?

The market is projected to grow at a CAGR of 8.38% between 2023 and 2028.

What is the forecast outlook of the market for 2023-2028?

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 1,045.7 million by 2027.

What are the major industry drivers?

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.

What are the key industry trends of the global chlorinated polyethylene market?

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.

What are the major regional markets of chlorinated polyethylene, according to the EMR report?

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

What are the major products of chlorinated polyethylene in the industry?

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

What are the significant application segments of chlorinated polyethylene?

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

Who are the key industry players, according to the report?

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.

Analyst Review

The global chlorinated polyethylene market attained a value of nearly USD 645.3 million in 2021, driven by the growing use of chlorinated polyethylene as an impact modifier. Aided by the rising demand for chlorinated polyethylene in wire and cable jacketing, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 8.38%. The market is projected to reach about USD 1,045.7 million by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its products, the chlorinated polyethylene industry can be segmented into CPE 135A and CPE 135B, among others. On the basis of applications, the industry is divided into impact modifier, wire and cable jacketing, hose and tubing, adhesives, magnetics, and IR ABS, among others. The major regional markets for chlorinated polyethylene are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include 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.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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