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PEX (Crossed-Linked Polyethylene) Market Size, Share & Industry Analysis, By Type (High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE)), By Process (Chemical, Physical), By Application (Plumbing, Wires & Cables, Automotive, Medical, Chemical) and regional Forecast, 2024-2032

Published On : September 30, 2020 | Report ID: FBI103703 | Status : Ongoing



The polyethylene is cross-linked to change the nature from thermoplastic to thermoset, which is also called PEX (Crossed-Linked Polyethylene). The cross-linked process is done either through chemical or physical means, in which chains were combined through covalent bonds, which further form a three-dimensional cross-linked infusible. The PEX is available in the form of high-density polyethylene and low-density polyethylene. Additionally, crossed-linked polyethylene is resistant to temperature, abrasion, and possesses improved mechanical strength. These properties surge the demand for PEX in various applications such as plumbing, wires & cables, automotive, medical, and chemical.

The rising demand for high-density polyethylene and low-density polyethylene in the various applications will fuel the PEX (Crossed-Linked Polyethylene) market growth. The cross-linking structure is present in both HDPE and LDPE. High-density polyethylene offers high tensile strength and also resistance to corrosion, abrasions, cracks, and stress. These benefits increase its demand for producing pipes and tubes. Whereas, the high thermal conductivity of low-density polyethylene surge its adoption in the manufacturing of wires & cables insulation. Hence, rising demand for HDPE and LDPE will drive the growth for PEX (Crossed-Linked Polyethylene) market.

However, lower availability of PEX (crossed-linked polyethylene) reduces its demand in various applications. Hence, this is anticipated to restrain the market growth. 

Key Market Driver -

Rising demand for HDPE and LDPE in various applications to drive the market growth

Key Market Restraint -

Lower availability of PEX to restrict the market growth

Market Segmentation:

Based on type, the PEX (Crossed-Linked Polyethylene) market is segmented into high-density polyethylene (HDPE) and low-density polyethylene (LDPE). By Process, the market is segmented into chemical and physical. By Application, the market is segmented into plumbing, wires & cables, automotive, medical, and chemical. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players Covered:

The key players in the PEX (Crossed-Linked Polyethylene) market includes Dow Chemical Company, Borealis AG, Solvay, LyondellBasell, PolyOne Corporation, Industrial Blansol, S.A., Hanwha Chemical Corporation, HDC Hyundai EP, Palziv, and UFP Technologies, Inc.

Key Insights

  • Key Emerging Trends – For Major Countries

  • Key Developments: Mergers, Acquisition, Partnership, etc.

  • Latest Technological Advancement

  • Insights on Regulatory Scenarios

  • Porters Five Forces Analysis

Regional Analysis:

The rising demand for PEX (Crossed-Linked Polyethylene) can be seen in the Asia Pacific and anticipated to witness the highest growth during the forecast period. The growth is attributed to the rising product demand in the chemical industry. Further, rising HDPE demand in the pipes will also fuel the market growth in this region. The rapidly growing automotive industry will fuel the growth of the crossed-linked polyethylene market in Europe, in which Germany and UK are the leading countries. In North America, growth is due to rising product demand in the medical sector. The Middle East & Africa is anticipated to witness significant growth, owing to the rising HDPE adoption in the wires & cables.

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By Type

  • High-Density Polyethylene (HDPE)

  • Low-Density Polyethylene (LDPE)

By Process

  • Chemical

  • Physical

By Application

  • Plumbing

  • Wires & Cables

  • Automotive

  • Medical

  • Chemical

By Geography

  • North America (U.S. and Canada)

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

  • Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia, 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)

  • Ongoing
  • 2023
  • 2019-2022

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