Product ID: UCMIG15A2294
Report ID:
UCMIG15A2294 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global cross-linked polyethylene market exhibited substantial value, reaching USD 5.73 billion in 2018, establishing a robust foundation for its future growth. Forecasts indicate a promising trajectory, with a projected compound annual growth rate (CAGR) of 6.0% spanning from 2019 to 2025. This growth is attributed to a surge in demand primarily driven by the plumbing industry and the wires and cables manufacturing sector. The inherent advantages of cross-linked polyethylene, such as enhanced durability, resistance to heat and chemicals, and improved mechanical properties, make it a preferred choice for these applications. As urbanization drives infrastructure development and technological advancements in these sectors persist, the market for cross-linked polyethylene is poised for sustained expansion in the foreseeable future.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Commodity Chemicals by segment aggregation, the contribution of the Commodity Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
The Cross-Linked Polyethylene Market is segmented by Type, Application (Volume, Kilotons; Revenue, USD Million; 2014 - 2025), Regional (Volume, Kilotons; Revenue, USD Million; 2014 - 2025). We are analyzing the market of these segments to identify which segment is the largest now and in the future, which segment has the highest growth rate, and the segment which offers the opportunity in the future.
Cross-Linked Polyethylene Market is being analyzed by North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA) regions. Key countries including the U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, and South Africa among others were analyzed considering various micro and macro trends.
SkyQuest's expert analysts have conducted a risk analysis to understand the impact of external extremities on Cross-Linked Polyethylene Market. We analyzed how geopolitical influence, natural disasters, climate change, legal scenario, economic impact, trade & economic policies, social & ethnic concerns, and demographic changes might affect Cross-Linked Polyethylene Market's supply chain, distribution, and total revenue growth.
To understand the competitive landscape, we are analyzing key Cross-Linked Polyethylene Market vendors in the market. To understand the competitive rivalry, we are comparing the revenue, expenses, resources, product portfolio, region coverage, market share, key initiatives, product launches, and any news related to the Cross-Linked Polyethylene Market.
To validate our hypothesis and validate our findings on the market ecosystem, we are also conducting a detailed porter's five forces analysis. Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitution, and Threat of New Entry each force is analyzed by various parameters governing those forces.
The Cross-Linked Polyethylene Market is being analyzed by SkyQuest's analysts with the help of 20+ scheduled Primary interviews from both the demand and supply sides. We have already invested more than 250 hours on this report and are still refining our date to provide authenticated data to your readers and clients. Exhaustive primary and secondary research is conducted to collect information on the market, peer market, and parent market.
Our cross-industry experts and revenue-impact consultants at SkyQuest enable our clients to convert market intelligence into actionable, quantifiable results through personalized engagement.
Report Attribute | Details |
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The base year for estimation | 2021 |
Historical data | 2016 – 2022 |
Forecast period | 2022 – 2028 |
Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
Segments covered |
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Regional scope | North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA) |
Country scope | U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, South Africa |
Key companies profiled |
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Customization scope | Free report customization (15% Free customization) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Reap the benefits of customized purchase options to fit your specific research requirements. |
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Cross-Linked Polyethylene Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Cross-Linked Polyethylene Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Cross-Linked Polyethylene Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Cross-Linked Polyethylene Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONThe market for Cross-Linked Polyethylene was estimated to be valued at US$ XX Mn in 2021.
The Cross-Linked Polyethylene Market is estimated to grow at a CAGR of XX% by 2028.
The Cross-Linked Polyethylene Market is segmented on the basis of Type, Application (Volume, Kilotons; Revenue, USD Million; 2014 - 2025), Regional (Volume, Kilotons; Revenue, USD Million; 2014 - 2025).
Based on region, the Cross-Linked Polyethylene Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
The key players operating in the Cross-Linked Polyethylene Market are sights , The cross-linked Polyethylene market size was valued at USD 5.73 billion in 2018 and is projected to expand at a CAGR of 6.0% from 2019 to 2025. Surging demand from the plumbing industry and wires and cables manufacturing sector are the key factors expected to have a positive impact on the market over the coming years. , Increasing demand for weather, heat, and moisture resistant materials that provides better protection to wires to transfer energy effectively and efficiently is one of the key factors expected to assist the demand for cross-linked polyethylene over the coming years. , Cross-linked polyethylene is mainly utilized in the pipe and the plumbing industry as a replacement of traditional materials such as copper, galvanized steel, PVC piping owing to their rusting, cost as well as circulation. Cross-linking of polyethylene helps in solving plumbing issues and it can be easier to install. Usage of PEX in the plumbing industry possesses various advantages such as flexibility, lower material costs, easier installation, environmental benefits, etc. Cross-linked polyethylene is also utilized as an insulation material in wires and cable owing to their better insulating properties and flexibility. , Type Insights , The high-density polyethylene segment wields the maximum share in the PEX market in 2018 and is expected to maintain its dominance throughout the forecast period. Cross-linked HDPE is gaining traction in the market primarily owing to the reason that most of the quantity is used in the plumbing application for the manufacturing of pipes and tubes. , The medium density polyethylene segment accounted for a small share in the market, however, it is expected to witness a value CAGR of 5.7% during the forecast years, owing to its increasing utilization in medical and other application sectors across the globe. , Low-density cross-linked polyethylene type segment was valued at USD 2,177.2 Mn in 2018 and is expected to grow at a CAGR of 5.5% during the forecast period. This can be primarily attributed to significant growth of the wires and cables in the countries such as India, China, Brazil, and some of the Middle Eastern countries , Production Technology Insights , Based on the production technology segment, peroxide technology is found to be the most commonly utilized technique to produce cross-linked polyethylene across the globe. Peroxide technology possesses various advantages which include good processability, low dielectric loss, and high breakdown strength, hence these properties assist their usage in plumbing and cable applications, hence boosting the demand for peroxide technology across the geographies. , Application Insights , Considering application, the plumbing segment accounted for more than half of the overall market by the end of 2018 and is expected to witness moderate growth over the coming years. Automotive application segment accounted for a small share in the cross-linked polyethylene market, however, demand is expected to observe prominent growth over the coming years , Wires and cables application is also expected to witness moderate growth over the coming years owing to the various advantages associated with the utilization of cross-linked polyethylene such as it can work with high voltage ranges (Up to 35 Kv), weather-resistant, provides mechanical protection, can withstand extreme pressure, flexible and cost-effective as compared to traditional solutions, etc. , Medical and another application segment together accounted for a small share in the PEX market by the end of 2018, however, demand is expected to surge at a significant pace over the coming years , Regional Insights , Considering regions, Asia-Pacific accounted for more than 2/5th of the overall market by the end of the year 2018 owing to the rising infrastructure activities in the developing nations such as India and China. Further, increasing the development of sewer systems, natural gas production units, expansion of pipelines, etc. are found to be some of the key factors assisting the cross-linked polyethylene demand over the coming years. , In the European countries, utilization of cross-linked polyethylene is expected to witness moderate growth owing to the rising demand from the automotive sector particularly for thermal insulation, interior parts, gaskets, and seals, etc. , North America in the market is accounted for a small share by the end of 2018, however, it is expected to grow at below average rate during the forecast years, supported by a positive of wires and cables industry in the U.S. , Cross-Linked Polyethylene Market share Insights , The cross-linked polyethylene market is found to be partly fragmented in nature owing to the presence of a large number of local as well as regional players across the globe. Key manufacturers involved in the production of cross-linked polyethylene are continuously focusing on production capacity expansion activities to enhance their presence in the market as well as to cater to the growing demand from automotive and cable applications. , Product innovation and mergers & acquisition activities across the value chain are found to be the key strategic initiatives by players in the market. , KEY MARKET SEGMENTS:, By Type, Low-Density Polyethylene (LDPE) , Medium Density Polyethylene (MDPE) , High-Density Polyethylene (HDPE) , Production Technology (Volume, Kilotons; Revenue, USD Million; 2014 - 2025) , Peroxide , Silane Grafting , Electron Beam Processing , By Application (Volume, Kilotons; Revenue, USD Million; 2014 - 2025) , Wires and Cables , Automotive , Plumbing , Medical , Others , By Regional (Volume, Kilotons; Revenue, USD Million; 2014 - 2025) , North America , The U.S. , Canada , Mexico , Europe , Germany , France , Italy , UK , Asia Pacific , China , India , Japan , South Korea , Central & South America , Brazil , Argentina , Middle East & Africa , Saudi Arabia , South Africa , KEY MARKET PLAYERS, The Dow Chemical Company , SILON s.r.o. , LyondellBasell Industries Holdings B.V. , PolyOne Corporation , Solvay , Borealis AG , Exxon Mobil Corporation , Akzo Nobel N.V. , SABIC , Arkema Group , Armacell , Hanwha Chemical..
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Product ID: UCMIG15A2294