Cross Linked Polyethylene Market Outlook and Forecast 2025

1
Cross-linked polyethylene Market-Global Industry
Insight, Trends, Outlook, and Opportunity
Analysis 2017-2025

2
REPORT DESCRIPTION
Cross-linked polyethylene Market Overview
Polyethylene are low cost commodity plastics that
can be reused due to its thermoplastic nature.
Cross-linking of polyethylene helps enhance its
thermal resistance and the end product so
obtained is transformed from thermoplastic to
thermosetting plastic. High density polyethylene
(HDPE) segment dominated the market in 2016,
according to the stats provided by Coherent
Market Insights. Cross-linked HDPE is gaining
traction over raw HDPE due to its thermosetting
nature, high mechanical strength, and better
stress crack resistance. Furthermore,
cross-linked HDPE can be produced economically
and thus, finds wide application in domestic and
industrial plumbing services. This in turn, is
fueling growth of the global cross linked
polyethylene market, a trend that is expected to
sustain over the forecast period. Plumbing was
the largest application segment in the global
cross linked polyethylene market in 2016 and is
expected to retain its dominance throughout the
forecast period. Conventionally used plumbing
materials such as copper and PVC do not perform
well in high temperatures and when highly
chlorinated water is transported through them
over prolonged periods.
3
REPORT DESCRIPTION
This is key and highly lucrative growth area for
manufacturers of cross-linked polyethylene to
exploit. Thus, various players in the market are
focusing on RD activities to deploy cross-linked
polyethylene (PEX) pipes for supply of
chlorinated water and for radiant heating
applications. Also, other emerging applications
such as use of PEX pipes in mining activities and
solar applications are also paving the way for
growth of the cross-linked polyethylene market
globally. XLPE storage tanks are widely used in
the chemical industry due to their ability to
withstand acidic corrosion and heat. The global
cross linked polyethylene market was valued at
US 5,323.1 million and 2,941.2 kilo tons in 2016
and is expected to expand at a CAGR of 6.6 in
terms of revenue and 6.1 in terms of volume
during 2017 2025. Automotive has emerged as the
fastest growing application area for Cross Linked
Polyethylene Automotive segment is expected to
witness fastest growth over the following decade.
The automotive sales in China grew by 15, in the
U.S. grew by 0.2, and in Europe 7 Y-o-Y in
2016. This rapid growth of automotive industry is
expected to boost growth of the automotive
application segment in the global cross linked
polyethylene market. Request sample Copy of this
Report https//www.coherentmarketinsights.com/ins
ight/request-sample/329

4
REPORT DESCRIPTION
Regional Insights Asia Pacific, followed by
North America and Europe accounted for major
share in the global Cross Linked Polyethylene
market both in terms of revenue and volume in
2016 and the trend is estimated to remain the
same over the forecast period. In 2016, Asia
Pacific held a share of 47.68 in terms of
volume. The growing demand for plumbing in Asia
Pacific due to growing population, increased
urbanization and commercial sector is expected to
drive the growth of the global cross linked
polyethylene market over the forecast period.
According to a study conducted by Coherent Market
Insights, the global plumbing market is expected
to witness a CAGR of 6.3 from 2017 to 2025 which
is expected to fuel the global Cross Linked
Polyethylene market. Multinational
players Major players in the global Cross Linked
Polyethylene market include ExxonMobil Chemical
Company, LyondellBasell Industries, 3H Vinacom
Co., Hanwha Chemicals, Arkema Group, AkzoNobel
N.V., Falcone Specialities AG, Borealis AG, and
PolyOne Corporation. Request For Customization _at_
https//www.coherentmarketinsights.com/insight/req
uest-customization/329
5
ABOUT COHERENT MARKET INSIGHTS
ABOUT US
Coherent Market Insights is a global market
intelligence and consulting organization focused
on assisting its plethora of clients achieve
transformational growth by helping them make
critical business decisions. We are headquartered
in India, with an office at the global financial
capital in the U.S. Our client base includes
players from across all business verticals in
over 150 countries worldwide. We are uniquely
positioned to help businesses around the globe
deliver practical and lasting results through
various recommendations about operational
improvements, technologies, emerging market
trends and new working methods. We offer both
customized and syndicated market research reports
that help our clients create visionary growth
plans to provide traction to their business. We
meticulously study emerging trends across various
industries at both the global and regional levels
to identify new opportunities for our clientele.
SERVICES
CUSTOMIZED RESEARCH
INDUSTRY ANALYSIS
SYNDICATED RESEARCH
COUNTRY SPECIFIC STUDIES
MARKET INTELLIGENCE SERVICES
CONSULT STUDIES
6
ABOUT COHERENT MARKET INSIGHTS
Industries we cater
SECTOR COVERAGE
Healthcare
CLINICAL DIAGNOSTIC
HEALTHCARE IT
BIOTECHNOLOGY
PHARMACEUTICAL
MEDICAL IMAGING
MEDICAL DEVICES
Chemicals Materials
Bulk Chemicals
Advanced Materials
Speciality and Fine Chemicals
Green Chemicals
Polymers Resins
Cosmetic Ingredients
Food Ingredients
7
ABOUT COHERENT MARKET INSIGHTS
RESEARCH SOLUTIONS
KEY STATS
GLOBAL REPORTS
FEASIBILITY STUDIES
100
Insights Published Per Year
COUNTRY ANALYSIS
150
CONSULT PROJECTS
Consulting Projects Till Date
SURVEY RESEARCH
EXCEL FORECAST DATABASE
125
COMPETITIVE ASSESSMENT
Clients Worldwide Per Year
110
TECHNOLOGY SNIPPETS
CUSTOMIZED SOLUTIONS
Analysts and Contract Consultants
Coherent Market Insights excels at offering
unmatched actionable market intelligence across
various industry verticals, including chemicals,
healthcare, and food beverages, to name a few.
We implement holistic market research methodology
in order to result in the best possible market
research reports across various industries
worldwide. Based on our unmatched expertise
across various industriesno matter how large or
small, how complex or uniquewe help our clients
achieve better outcomes with uniquely designed
and highly customized solutions. Our coverage
includes insights that help our clients ensure
sustained growth in developed markets and also
key inputs to help them tap into emerging markets
and exploit the plethora of opportunities posed
therein.
8
THANK YOU
To know more about us, visit our website
www.coherentmarketinsights.com For sales
queries or new topics email us on
sales_at_coherentmarketinsights.com For other
queries contact Mr. Shah (Manager - Business
Development) Coherent Market Insights sales_at_coher
entmarketinsights.com 1-206-701-6702