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Chlorinated PolyethyleneMarket Size, Share & Industry Analysis, By Type (Chlorinated Polyethylene (CPE) 135A, Chlorinated Polyethylene (CPE)C 135B, Others), By Application (Impact Modifier, Wire & Cable Jacketing, Hose & Tubing, Adhesives, Magnetics, Ir Abs, Others) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI102794 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Chlorinated polyethylene (CPE) is a substance obtained in high-density polyethylene (HDPE) by substituting hydrogen atoms for chlorine atoms. CPE is available as white powder. CPE is a porous rubber with outstanding chemical properties such as resistance to ageing of thermal oxygen, ageing of the ozone and resistance to acid and alkali. CPE exhibits outstanding flame retardant properties and is special evidence of combustion-drip. It has better durability, higher whiteness and is ideal for a wide range of applications in plastics and rubbers, the product is completely recovered which ensures cleanliness and environmentally friendly.


Chlorinated polyethylene polymer as impact modifiers has better impact resistance and low cost thus demand for chlorinated polyethylene is expected to grow. As a result, demand for the polymers for the rugged, flexible, and rigid products is growing for blends with PVC. Chlorinated polyethylene has resistance to heat, ozone, and combustion therefore demand for chlorinated polyethylene is likely to expand at rapid pace. Chlorinated polyethylene is expected to substitute conventional materials such as metals for better end-product efficiency. Demand for chlorinated polyethylene in the automotive, building & manufacturing, and wires & cables industries is expected to grow significantly during the forecast period.

Key Market Driver -

Growing demand from automotive, building & manufacturing, and wires & cables industries.

Key Market Restraint -

Fluctuation of raw materials prices is restraining the growth


Fluctuation of raw material prices such as high-density polyethylene (HDPE) is anticipated to hamper the growth of chlorinated polyethylene. Overcapacity of chlorinated polyethylene in China actually exists a significant surplus of Chinese production, but some Chinese production is considered to be non-operational. Thus overcapacity of chlorinated polyethylene is likely to restrain the chlorinated polyethylene market.

Market Segmentation:


Based on type, the market for chlorinated polyethylene is further segmented into CPE 135 A, CPE 135B, and others.Based on application, the market is segmented into impact modifier, wire & cable jacketing, hose & tubing, adhesives, magnetics, ir abs, and others.

From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:


The global chlorinated polyethylene market is moderately fragmented, with a number of global & regional players operating. Some of the key players in the chlorinated polyethylene market includes, Weifang Yaxing Chemical Co., Ltd., Novista Chemicals, SHOWA DENKO K.K., S&E Specialty, Shandong Xuye New Materials Co., Ltd., Shandong Xiangsheng New Materials Technology Co.,Ltd., shandong Gaoxin chemical Co., Ltd., Hangzhou Keli Chemical Co., Ltd., Sundow Polymers Co.,Ltd.,  Jiangsu Tianteng Chemical Industry Co., Ltd., and others.

Key Insights



  • New Advancements in Production Technologies

  • Key Trends in the Chlorinated Polyethylenes market

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Market


Regional Analysis:


The chlorinated polyethylenes market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is anticipated to dominate the chlorinated polyethylene market. Asia Pacific is projected to expand rapidly due to growing end-use industries such construction, automotive, wire & cable, and others in the region. China accounted for the largest volume of production due to the involvement of a large number of producers, combined with low production costs. China is expected to hold the prime share of chlorinated polyethylene market due to existence of a large industrial base in the country.

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China is the world leader in chlorinated polyethylene production as well as consumption followed by India. The North American market for chlorinated polyethylene is expected to grow at a significant rate. Increasing pharmaceutical and healthcare use of the product in various disease detection and drug delivery devices is expected to drive market. In Europe chlorinated polyethylene market is expected to expand rapidly due to increased use of the drug for impact modifier applications.

Segmentation






















 ATTRIBUTE

 DETAILS

By Type



  • Chlorinated Polyethylene (CPE) 135A

  • Chlorinated Polyethylene (CPE)C 135B

  • Others



By Application



  • Impact Modifier

  • Wire & Cable Jacketing

  • Hose & Tubing

  • Adhesives

  • Magnetics

  • Ir Abs

  • Others



By Geography



  • North America (USA, and Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

  • Asia Pacific (Japan, China, India, ASEAN and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)



Chlorinated Polyethylene Industry Developments



  • In October 2017, Aurora Plastics, LLC, a leader in polyvinyl chloride (PVC) compounds, acquired compounder segment of S&E Specialty Polymers of Lunenburg, Massachusetts. The combined company will offer a broad range of custom compounding capabilities and technologies, including Rigid PVC powders, Rigid and flexible PVC pellets, Chlorinated polyethylene (CPE), Clear rigid and flexible PVC, and others.

  • In June 2018, PolyOne has launched FireCon-branded chlorinated polyethylene material that can withstand harsh conditions and is used in jacketing and other cable and wire applications.





  • Ongoing
  • 2023
  • 2019-2022

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