What is Chlorinated Polyethylene Market?
Chlorinated polyethylene is an inexpensive variation of polyethylene having a chlorine content from 34-44%. Chlorinated polyethylene exists as a white powder and it is non-toxic and tasteless. It is a saturated rubber with excellent chemical properties such as resistance to thermal oxygen aging, ozone aging, acid and alkali resistance. It has excellent oil resistance, flame retardant properties contain non-heavy metals and high filling performance.
The market study is being classified by Type (Resin-Type CPE and Elastomer-Type CPE), by Application (Wire and Cable, Industrial and Automotive Hoses, Additives, Rigid and Semi-Soft PVC Profiles, Pipes and Fittings, FR-ABS, Refrigerator Sealing Strips, Magnetic Cards and Others) and major geographies with country level break-up.
Showa Denko K.K. (Japan), Weifang Yaxing Chemical Co., Ltd. (China), Lianda Corporation (United States), Novista Group Co., Ltd. (China), Dow Chemical Company (United States), S&E Specialty Polymers (United States), Shandong Xuye New Materials Co., Ltd. (China), Hangzhou Keli Chemical Co., Ltd. (China) and Sundow Polymers Co., Ltd. (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Shandong Gaoxin Chemical Co., Ltd. (China), Jiangsu Tianteng Chemical Industry Co., Ltd. (China) and Shandong Xiansheng Plastic Industry Co., Ltd. (China).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Chlorinated Polyethylene market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Chlorinated Polyethylene market by Type, Application and Region.
On the basis of geography, the market of Chlorinated Polyethylene has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Demand from Construction and Automotive Industry
- Applications in the Pharmaceutical and Healthcare Industry
Market Trend
- Demand for Products with Innovative and Improved Features
Restraints
- Fluctuations in the Raw Material Prices
Opportunities
- Growing Demand from Developing Countries
Challenges
- Overcapacity Production of the Chlorinated Polyethylene
- Environmental Impacts of the Chlorinated Polyethylene
Market Leaders and some development strategies
Recently, Aurora Plastics, LLC, a leader in polyvinyl chloride (PVC) compounds, announced the acquisition of S & E Specialty Polymers. S&E builds on Aurora Plastics’ ongoing commitment to offering the highest quality PVC products in the industry, backed by the best customer service.
Key Target Audience
Chlorinated Polyethylene Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user