Title: Chlorinated Polyethylene Market analysis research and trends report for 2019 - 2025
1Chlorinated Polyethylene Market Growth Outlook
with Industry Review and Forecast 2019-2025
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2 Global Market Scenario of Chlorinated
Polyethylene Industry
- The chlorinated polyethylene market is likely to
grow due to its growing usage as an impact
modifier in several end-user industries.
Chlorinated polyethylene (CPE) is manufactured by
chlorination process of polyethylene (PE). The
product possesses superior chemical and
mechanical properties and can be used as an
impact modifier in the production of doors, PVC
tubing, siding, fences, window profiles, etc. CPE
helps in improving processability of semi soft
and rigid PVC profiles extrusions, and leads to
the reduction in overall loading cost, without
damaging the physical properties of PVC
compounds. - Globally, PVC industry has reported a market
demand of more than 40 million tons in 2016 and
is likely to grow further in the coming years.
This is due to rising demand for the product in
variety of end-user industries such as
automotive, packaging, construction, medical,
etc., which will further propel the chlorinated
polyethylene demand in the upcoming years. - Although the product is gaining attention across
the end-user industries, the challenges
associated with the high processing cost and
fluctuation in raw material prices are likely to
hamper the industry demand in the coming years. - Moreover, stringent regulation related to
chlorine usage may further slowdown the industry
growth in the coming years. For instance,
Government bodies including US Food Drug and
Administration (FDA) and European Chemical Agency
(ECHA) have provided norms related to chlorine
substance usage for protecting workers life and
aquatic ecosystem.
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3- Regional Trends-
- Asia Pacific is likely to account for significant
share in chlorinated polyethylene market in the
upcoming years. Growing product demand in the
China is likely to be key growth driving factor
for the industry in future. - China has presence of many local as well as
multinational companies providing chlorinated
polyethylene products. Rising demand from variety
of end-user industries including building and
construction, automotive, industrials, etc. will
propel the product demand in this region.
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5- Competitive Trends
- Some of the key players in chlorinated
polyethylene market includes, Dow Chemicals,
Showa Denko, Sanyo Corporation of America,
Shandong Xuye New Materials Co., Ltd., Novista,
Shandong Xuye New Materials Co., Ltd., Sundow
Polymers Co. Ltd, Polmann India Ltd, Dycon
Chemicals and Jiangsu Tianteng Chemical Industry
Co., Ltd.
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