The chlorinated Polyethylene Market is a high-strength, flexible polymer that is flammable yet difficult to ignite, making it a suitable primal matter for industrial use.
Chlorinated polyethylene (CPE) is a versatile material derived from high-density polyethylene through a chlorine substitution process. It offers improved durability, whiteness, and flexibility, making it suitable for various applications in plastics and rubbers. The global chlorinated polyethylene market is projected to witness steady growth, driven by its use in construction materials like PVC profiles for doors and windows. Additionally, CPE 135A, known for its positive properties, finds application in industrial adhesives, impact modifiers, and magnetics.
The global chlorinated polyethylene market is predicted to witness a moderate growth rate of 7.2% during the forecast years of 2022 to 2032. The net worth of the global chlorinated polyethylene market share is expected to reach US$ 1.3 Billion by the year 2032, increasing from US$ 620.2 Million in the year 2021.
The replacement of wood and steel with plastics in the construction of doors and windows is driving the demand for chlorinated polyethylene. The sales of chlorinated polyethylene have boomed as a result of the introduction of PVC plastic profiles for doors and windows in rapidly expanding urban areas.
Depending on the application, the chlorinated polyethylene polymer’s chlorine concentration ranges from 35 to 75 percent. As a result, the demand for polymers to mix with PVC for robust, flexible, and stiff applications continuously increases in the global market.
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Chlorinated polyethylene CPE 135A has various positive properties, including high tensile strength, filler acceptance, low-temperature performance, flame resistance, and others, making it suitable for manufacturing industrial adhesives and impact modifiers, and magnetics.
Key Takeaways
Competitive Landscape
Name of some of the chloromethane market key players includes Weifang Yaxing Chemicals Co. Ltd, Novista Group Co. Ltd, Showa Denko K. K., Aurora Plastics, LLC, Shandong Xuye New Materials, Shandong Xiangsheng Plastic Industry Co. Ltd, Hangzhou Keli Chemical Co. Ltd, Civo Industry Company Ltd., and DuPont among others.
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Recent Developments in Chlorinated Polyethylene Market
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Jul 11, 2023