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The Chlorinated Polyethylene Market research report analysis from recent past with an eye on coming years in this report that also offers projections Chlorinated Polyethylene Industry targeted at helping in business decisions.
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Chlorinated Polyethylene Market Growth Outlook with Industry Review and Forecast 2019-2025 © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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 worker’s life and aquatic ecosystem. © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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. © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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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. © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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