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SAN FRANCISCO , September 11, 2017 /PRNewswire/ --
The global chlorinated polyethylene market size is expected to reach USD 890.3 million by 2025, according to a new report by Grand View Research, Inc. The market is expected to exhibit significant growth owing to increasing demand for chlorinated polyethylene elastomers (CPE) due to their superior heat, temperature and oil resistance. In addition, increasing use of high performance chlorinated polyethylene in chemical industry owing to their non-corrosive properties, is expected to drive growth over the forecast period.
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Chlorinated Polyethylene (CPE 135B) is expected to grow at a significant rate owing to increasing use of the product in rigid plastic applications such as PVC plastic profile, pipe fittings, waterproofing membranes and cable sheathing. Increasing use of CPE 135B as modifier and stabilizer of specials synthetic rubber owing to easy mixing with natural rubber is expected to drive the market growth over the forecast period.
Increasing use of the product as impact modifier, anti-dripping agent and secondary flame retardant in Ignition resistant acrylonitrile butadiene rubber (IR ABS) owing to its higher thermal stability and heat resistance is expected to drive growth over the forecast period.
The global chlorinated polyethylene market is highly fragmented, with a majority of production in China due to the presence of a large number of small scale manufacturers in the country providing the product at extremely low prices.
Browse full research report with TOC on "Chlorinated Polyethylene Market Analysis by Product (CPE 135A, CPE 135B), By Application (Impact Modifier, Wire & Cable Jacketing, Hose & Tubing, Adhesives, Magnetics, IR ABS), By Region, And Segment Forecasts, 2014 - 2025"at: http://www.grandviewresearch.com/industry-analysis/chlorinated-polyethylene-pe-c-market
Further key findings from the report suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the chlorinated polyethylene market on the basis of product, application and region:
Read Our Blog By Grand View Research: http://www.grandviewresearch.com/blogs/bulk-chemicals
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco . The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: +1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com
Web: http://www.grandviewresearch.com
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