PEX (Crossed-Linked Polyethylene) Market

PEX (Crossed-Linked Polyethylene) Market by Type (HDPE, LDPE), Technology (PEXA, PEXB, PEXC), Application (Wires & Cables, Plumbing, Automotive), Region (APAC, Europe, North America, South America, Middle East & Africa) - Global Forecast to 2024

Report Code: CH 4904 Jun, 2019, by marketsandmarkets.com

[125 Pages Report] The PEX market size is estimated at USD 6.1 billion in 2019 and is projected to reach USD 8.3 billion by 2024, at a CAGR of 6.0%. The PEX market is majorly driven by the automotive and construction industries in APAC, mainly in India, China, Japan, South Korea, and the Southeast Asian countries.

HDPE is estimated to lead the PEX market, by type during the forecast period.

HDPE is the major type of PEX, and almost all PEX used for pipe and tubing is made from HDPE. The excellent combination of properties makes HDPE an ideal material for diverse applications in various industries. It is also easier to install. Unlike the traditional systems that use copper for piping and tubing, cross-linked HDPE does not corrode and maintains its flexural strength. The increasing demand for these products due to the high growth in the construction industry and improved investments in the industrial and public infrastructure in the developing regions of APAC, Europe, North America, South America, and the Middle East & Africa are expected to drive the demand for PEX.

PEXa is estimated to be the largest technology of PEX.

The PEXa technology segment is estimated to lead the PEX market in 2019. It is the most commonly used technology for the production of PEX as it offers the highest and the most uniform degree of cross-linking. PEXa has many advantages such as increased resistance to stress cracking, good weatherability, improved chemical resistance, and excellent degradation stability. These properties are important for cable insulation and pipe applications, thereby, driving the demand for PEXa technology.

Wires & cables is estimated to be the largest application of PEX.

The wires & cables application is estimated to lead the PEX market during the forecast period. PEX is widely used as electrical insulation in power cables of all voltage ranges, though it is more suited for low and medium voltage applications. This is expected to drive the PEX market in the wires & cables application. PEX is the most common polymeric insulation material, which is resistant to weather, heat, and moisture. It provides better protection to copper wires to transfer energy safely and efficiently. Hence, the increasing demand for wires & cables from these applications is expected to drive the PEX market during the forecast period.

APAC is projected to be the largest and fastest-growing PEX market.

APAC (comprising China, Japan, India, South Korea, Australia, and Rest of APAC) is estimated to be the largest and fastest-growing PEX market during the forecast period. The region’s rapid industrialization and expanding transmission & distribution lines in the electrical & communication industry drive the demand for PEX-based wires & cables. Extensive use of XLPE wires in automotive battery cables, wire & cable coating layer, motors, and other high-voltage resistance materials in APAC is also driving the PEX market. Moreover, the growing residential and non-residential infrastructures in this region are leading to the construction of pipelines and tubing, which is boosting the PEX market in the plumbing application as well.

Key Market Players

The Dow Chemical Company (US), Borealis AG (Austria), Solvay (Belgium), LyondellBasell (Netherlands), ExxonMobil Corporation (US), PolyOne Corporation (US), 3H Vinacom Co., Ltd. (Vietnam), Falcone Specialities AG (Switzerland), Hanwha Chemical Corporation (South Korea), and HDC Hyundai EP (South Korea) are the key players operating in the PEX market.

These companies have adopted organic and inorganic growth strategies between 2014 and 2018 to strengthen their position in the market. New product launch and expansion are the key growth strategies adopted by these leading players to enhance their product offering and regional presence and meet the growing demand for PEX from the emerging economies.

Scope of the report

Report Metric

Details

Market size available for years

  • 2017–2024

Base year

 2018

Forecast period

2019–2024

Units considered

Value (USD Million), Volume (Kiloton)

Segments

Type, Technology, Application, and Region

Regions Covered

APAC, Europe,  North America, South America, and Middle East & Africa

Companies Profiled

The Dow Chemical Company (US), Borealis AG (Austria), Solvay (Belgium), LyondellBasell (Netherlands), ExxonMobil Corporation (US), PolyOne Corporation (US)
Total 20 major players covered

This research report categorizes the PEX market based on type, technology, application, and region.

The PEX Market By Type:

  • HDPE
  • LDPE
  • Others (LLDPE, EVA, and POE)

The PEX Market By Technology:

  • PEXa
  • PEXb
  • PEXc

The PEX Market By Application:

  • Wires & cables
  • Plumbing
  • Automotive
  • Others (medical, dental, mining, and chemical)

The PEX Market, By Region

  • APAC
  • Europe
  • North America
  • South America
  • Middle East & Africa

Recent Developments

  • In September 2018, Bayport Polymers LLC (US), a 50/50 joint venture owned by Total S.A., (France) and Novealis Holdings LLC (US) – a joint venture of Borealis AG and NOVA Chemicals Inc. (Canada) - announced the final investment decision to build a 6,25,000 tons per year polyethylene unit at its production site in Bayport, Texas. 
  • In June 2017, The Dow Chemical Company completed the construction of its new ELITE enhanced polyethylene production facility in Texas (US). The production facility has a capacity of 4, 00,000 metric tons of polyethylene.
  • In May 2017, LyondellBasell constructed Hyperzone PE plant at its La Porte Complex, Texas. The operation at the plant is planned for 2019.
  • In July 2016, Borealis AG launched three new polyolefin elastomers (POE) to its Queo polyolefin plastomers (POP) portfolio. This Queo portfolio expansion further enhances Borealis' product offering of high-value specialty polyethylene (PE) products for the high-end segments of the automotive, consumer packaging, housewares, and wire & cables industries.

Critical questions the report answers:

  • What are the upcoming hot bets for the PEX market?
  • What are the market dynamics for different types of PEX?
  • What are the market dynamics for different technologies of PEX?
  • What are the market dynamics for different applications of PEX?
  • Who are the major manufacturers of PEX?
  • What are the major factors impacting market growth during the forecast period?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 PEX Market Segmentation
           1.3.2 Region Covered
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Unit Considered
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Top-Down Approach
           2.2.2 Bottom-Up Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 30)
    4.1 Attractive Opportunities in the PEX Market
    4.2 PEX Market Growth, By Type
    4.3 PEX Market, By Type and Region
    4.4 PEX Market, By Application
    4.5 PEX Market: Major Countries

5 Market Overview (Page No. - 33)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Superior Properties Compared to Conventional Materials
                    5.2.1.2 Growing Demand From the Automotive Industry
                    5.2.1.3 Growing Demand in the Packaging Industry
                    5.2.1.4 Growing Need for Plastic Pipes in the Solar Industry
           5.2.2 Restraints
                    5.2.2.1 Degradation From Sunlight and Perforation By Insects
                    5.2.2.2 Safety Issues and Chances of Plumbing Failure
           5.2.3 Opportunities
                    5.2.3.1 Increasing Demand for Cross-Linked HDPE
           5.2.4 Challenges
                    5.2.4.1 Replacement of PEX By Polypropylene Pipes
                    5.2.4.2 Fluctuation in Raw Material Prices
    5.3 Porter’s Five Forces Analysis
           5.3.1 Bargaining Power of Suppliers
           5.3.2 Threat of New Entrants
           5.3.3 Threat of Substitutes
           5.3.4 Bargaining Power of Buyers
           5.3.5 Intensity of Competitive Rivalry
    5.4 Macroeconomic Indicators
           5.4.1 Introduction
           5.4.2 Trends and Forecasts of GDP
           5.4.3 Global Automotive Production

6 PEX Market, By Type (Page No. - 40)
    6.1 Introduction
    6.2 High-Density Polyethylene (HDPE)
           6.2.1 Non Corrosive and Efficient Pricing Makes HDPE PEX the Preferred Choice in Plumbing Application
    6.3 LDPE
           6.3.1 Usage at Higher Operating Temperatures, Makes Cross-Linked LDPE A Good Insulation Material in Wires & Cables Application
    6.4 Others

7 PEX Market, By Technology (Page No. - 46)
    7.1 Introduction
    7.2 PEXA
           7.2.1 Excellent Heat Stability, Better Hot Tear, and Enhanced Stability to Increase the Use of PEXA Technology for Cable Insulation and Plumbing Applications.
    7.3 PEXB
           7.3.1 Cost-Effective and Higher Gel Percentage to Drive the PEXB Market, Globally
    7.4 PEXC
           7.4.1 Energy-Efficient Characteristics to Drive the PEXC Market in End-Use Applications, Globally

8 PEX Market, By Application (Page No. - 52)
    8.1 Introduction
    8.2 Wires & Cables
           8.2.1 Wires & Cables to Be the Largest Application of PEX
    8.3 Plumbing
           8.3.1 PEX Plumbing Installations Cost Less Than Copper Pipes
    8.4 Automotive
           8.4.1 Low Production Cost and Easy Availability are Factors Responsible for the High Consumption of PEX in the Automotive Application
    8.5 Others

9 PEX Market, By Region (Page No. - 59)
    9.1 Introduction
    9.2 APAC
           9.2.1 China
                    9.2.1.1 Rising In-Vehicle Wiring Applications and Infrastructural Development are Augmenting the Market Growth
           9.2.2 Japan
                    9.2.2.1 Advanced Communication Industry and Growing Use of Electronic Cars are Fueling the Growth of the PEX Market
           9.2.3 South Korea
                    9.2.3.1 Infrastructural Developments and Rapid Industrialization are Providing Opportunities to Market Players for Growth
           9.2.4 India
                    9.2.4.1 Upcoming Infrastructure Projects and Growing Urbanization are Fueling the Demand for PEX Products
           9.2.5 Australia
                    9.2.5.1 Growth in the Construction, Power, and Telecommunication Industries is Driving the PEX Market
           9.2.6 Rest of APAC
    9.3 Europe
           9.3.1 Germany
                    9.3.1.1 The Demand for PEX Wiring in the Growing Automotive Application is Driving the Market
           9.3.2 Italy
                    9.3.2.1 Increasing Power Consumption to Drive the PEX Market in Wire & Cables Application
           9.3.3 UK
                    9.3.3.1 Increased Spending on Infrastructure Activities to Drive the  PEX Market
           9.3.4 France
                    9.3.4.1 Growing Automotive, Packaging, and Medical Sectors are Expected to Drive the PEX Market
           9.3.5 Russia
                    9.3.5.1 Increasing Demand for Automotive Wires and Cables is Expected to Support the Market Growth in Automotive
           9.3.6 Turkey
                    9.3.6.1 Growth in the Telecommunication Industry of Turkey is Driving the Market for PEX in the Wires & Cables Application
           9.3.7 Rest of Europe
    9.4 North America
           9.4.1 US
                    9.4.1.1 Increase in Radiant Heating Application and Demand for Packaged Foods to Drive the PEX Market
           9.4.2 Canada
                    9.4.2.1 Growing Construction and Automotive Applications to Boost the Market in Canada
           9.4.3 Mexico
                    9.4.3.1 Use of PEX Wires in the Power Industry and Automotive Wiring is Driving the Market in Mexico
    9.5 South America
           9.5.1 Brazil
                    9.5.1.1 Continuous Development in the Construction and Power Industries Due to the Steady Economic Growth is Driving the Market
           9.5.2 Argentina
                    9.5.2.1 Increasing Use of Wires & Cables in the Automotive Industry is Expected to Boost the PEX Market
           9.5.3 Rest of South America
    9.6 Middle East & Africa
           9.6.1 Saudi Arabia
                    9.6.1.1 The Rapid Infrastructural Development Along With Low Cost and Easy Availability of Raw Materials is Boosting the PEX Market
           9.6.2 UAE
                    9.6.2.1 The Growing Construction and Power Industries are Driving the PEX Market
           9.6.3 Rest of the Middle East & Africa

10 Competitive Landscape (Page No. - 89)
     10.1 Introduction
     10.2 Ranking of Key Players
     10.3 Competitive Scenario
             10.3.1 Expansion
             10.3.2 Merger & Acquisition
             10.3.3 Joint Venture
             10.3.4 New Product Launch

11 Company Profiles (Page No. - 94)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)* 
     11.1 The Dow Chemical Company
     11.2 Borealis AG
     11.3 Solvay
     11.4 Lyondellbasell
     11.5 Exxonmobil Corporation
     11.6 Polyone Corporation
     11.7 3H Vinacom Co., Ltd.
     11.8 Falcone Specialities AG
     11.9 Hanwha Chemical Corporation
     11.10 HDC Hyundai EP
     11.11 Other Company Profiles
             11.11.1 Kkalpana Group
             11.11.2 Polylink Polymers (India) Ltd.
             11.11.3 Saco AEI Polymers
             11.11.4 Zhejiang Wanma Macromolecule Material Co., Ltd
             11.11.5 Sankhla Polymers Pvt. Ltd.
             11.11.6 Silon S.R.O
             11.11.7 Charloma Inc.
             11.11.8 Hibco Plastics Inc.
             11.11.9 Janco Inc.
             11.11.10 Zimmer Inc.
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies. 

12 Appendix (Page No. - 117)
     12.1 Discussion Guide
     12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.3 Available Customizations
     12.4 Related Reports
     12.5 Author Details


List of Tables (82 Tables)

Table 1 Trends and Forecast of Per Capita GDP (USD)
Table 2 Global Vehicle Production 2018 (Units)
Table 3 PEX Market Size, By Type, 2017–2024 (USD Million)
Table 4 XLPE Market Size, By Type, 2017–2024 (Kiloton)
Table 5 HDPE: PEX Market Size, By Region, 2017–2024 (USD Million)
Table 6 HDPE: XLPE Market Size, By Region, 2017–2024 (Kiloton)
Table 7 LDPE: PEX Market Size, By Region, 2017–2024 (USD Million)
Table 8 LDPE: XLPE Market Size, By Region, 2017–2024 (Kiloton)
Table 9 Others: PEX Market Size, By Region, 2017–2024 (USD Million)
Table 10 Others: XLPE Market Size, By Region, 2017–2024 (Kiloton)
Table 11 PEX Market Size, By Technology, 2017–2024 (USD Million)
Table 12 XLPE Market Size, By Technology, 2017–2024 (Kiloton)
Table 13 PEXA Market Size, By Region, 2017–2024 (USD Million)
Table 14 PEXA Market Size, By Region, 2017–2024 (Kiloton)
Table 15 PEXB Market Size, By Region, 2017–2024 (USD Million)
Table 16 PEXB Market Size, By Region, 2017–2024 (Kiloton)
Table 17 PEXC Market Size, By Region, 2017–2024 (USD Million)
Table 18 PEXC Market Size, By Region, 2017–2024 (Kiloton)
Table 19 PEX Market Size, By Application, 2017–2024 (USD Million)
Table 20 XLPE Market Size, By Application, 2017–2024 (Kiloton)
Table 21 PEX Market Size in Wires & Cables, By Region, 2017–2024 (USD Million)
Table 22 PEX Market Size in Wires & Cables, By Region, 2017–2024 (Kiloton)
Table 23 PEX Market Size in Plumbing, By Region, 2017–2024 (USD Million)
Table 24 PEX Market Size in Plumbing, By Region, 2017–2024 (Kiloton)
Table 25 XLPE Market Size in Automotive, By Region, 2017–2024 (USD Million)
Table 26 XLPE Market Size in Automotive, By Region, 2017–2024 (Kiloton)
Table 27 XLPE Market Size in Other Applications, By Region, 2017–2024 (USD Million)
Table 28 PEX Market Size in Other Applications, By Region, 2017–2024 (Kiloton)
Table 29 PEX Market Size, By Region, 2017–2024 (USD Million)
Table 30 PEX Market Size, By Region, 2017–2024 (Kiloton)
Table 31 PEX Market Size, By Technology, 2017–2024 (USD Million)
Table 32 XLPE Market Size, By Technology, 2017–2024 (Kiloton)
Table 33 PEX Market Size, By Type, 2017–2024 (USD Million)
Table 34 PEX Market Size, By Type, 2017–2024 (Kiloton)
Table 35 XLPE Market Size, By Application, 2017–2024 (USD Million)
Table 36 PEX Market Size, By Application, 2017–2024 (Kiloton)
Table 37 APAC: PEX Market Size, By Country, 2017–2024 (USD Million)
Table 38 APAC: XLPE Market Size, By Country, 2017–2024 (Kiloton)
Table 39 APAC: PEX Market Size, By Application, 2017–2024 (USD Million)
Table 40 APAC: PEX Market Size, By Application, 2017–2024 (Kiloton)
Table 41 China: PEX Market Size, By Application, 2017–2024 (USD Million)
Table 42 Japan: XLPE Market Size, By Application, 2017–2024 (USD Million)
Table 43 South Korea: PEX Market Size, By Application, 2017–2024 (USD Million)
Table 44 India: PEX Market Size, By Application, 2017–2024 (USD Million)
Table 45 Australia: XLPE Market Size, By Application, 2017–2024 (USD Million)
Table 46 Rest of APAC: PEX Market Size, By Application, 2017–2024 (USD Million)
Table 47 Europe: PEX Market Size, By Country, 2017–2024 (USD Million)
Table 48 Europe: XLPE Market Size, By Country, 2017–2024 (Kiloton)
Table 49 Europe: PEX Market Size, By Application, 2017–2024 (USD Million)
Table 50 Europe: PEX Market Size, By Application, 2017–2024 (Kiloton)
Table 51 Germany: PEX Market Size, By Application, 2017–2024 (USD Million)
Table 52 Italy: PEX Market Size, By Application, 2017–2024 (USD Million)
Table 53 UK: XLPE Market Size, By Application, 2017–2024 (USD Million)
Table 54 France: PEX Market Size, By Application, 2017–2024 (USD Million)
Table 55 Russia: PEX Market Size, By Application, 2017–2024 (USD Million)
Table 56 Turkey: XLPE Market Size, By Application, 2017–2024 (USD Million)
Table 57 Rest of Europe: PEX Market Size, By Application, 2017–2024 (USD Million)
Table 58 North America: PEX Market Size, By Country, 2017–2024 (USD Million)
Table 59 North America: XLPE Market Size, By Country, 2017–2024 (Kiloton)
Table 60 North America: PEX Market Size, By Application, 2017–2024 (USD Million)
Table 61 North America: PEX Market Size, By Application, 2017–2024 (Kiloton)
Table 62 US: XLPE Market Size, By Application, 2017–2024 (USD Million)
Table 63 Canada: XLPE Market Size, By Application, 2017–2024 (USD Million)
Table 64 Mexico: PEX Market Size, By Application, 2017–2024 (USD Million)
Table 65 South America: PEX Market Size, By Country, 2017–2024 (USD Million)
Table 66 South America: XLPE Market Size, By Country, 2017–2024 (Kiloton)
Table 67 South America: PEX Market Size, By Application, 2017–2024 (USD Million)
Table 68 South America: PEX Market Size, By Application, 2017–2024 (Kiloton)
Table 69 Brazil: XLPE Market Size, By Application, 2017–2024 (USD Million)
Table 70 Argentina: XLPE Market Size, By Application, 2017–2024 (USD Million)
Table 71 Rest of South America: PEX Market Size, By Application, 2017–2024 (USD Million)
Table 72 Middle East & Africa: PEX Market Size, By Country, 2017–2024 (USD Million)
Table 73 Middle East & Africa: XLPE Market Size, By Country, 2017–2024 (Kiloton)
Table 74 Middle East & Africa: PEX Market Size, By Application, 2017–2024 (USD Million)
Table 75 Middle East & Africa: XLPE Market Size, By Application, 2017–2024 (Kiloton)
Table 76 Saudi Arabia: PEX Market Size, By Application, 2017–2024 (USD Million)
Table 77 UAE: PEX Market Size, By Application, 2017–2024 (USD Million)
Table 78 Rest of the Middle East & Africa: XLPE Market Size, By Application, 2017–2024 (USD Million)
Table 79 Expansion, 2014–2018
Table 80 Merger & Acquisition, 2014–2018
Table 81 Joint Venture, 2014–2018
Table 82 New Product Launch, 2014–2018


List of Figures (41 Figures)

Figure 1 PEX Market: Research Design
Figure 2 PEX Market: Top-Down Approach
Figure 3 PEX Market: Bottom-Up Approach
Figure 4 HDPE Was the Largest Type Segment in the PEX Market in 2018
Figure 5 PEXA to Be the Fastest-Growing Technology in the PEX Market
Figure 6 Wires & Cables to Have the Largest Share During the Forecast Period
Figure 7 APAC Dominated the PEX Market in 2018
Figure 8 Increasing Use of PEX in Building & Construction Industry to Drive the Market During the Forecast Period
Figure 9 HDPE to Lead the PEX Market, 2019–2024
Figure 10 APAC Accounted for the Highest Share of the PEX Market, 2018
Figure 11 Wires & Cables to Account for the Largest Share of the Overall PEX Market, 2019–2024
Figure 12 India and China to Grow at the Fastest Rate During the Forecast Period
Figure 13 Drivers, Restraints, Opportunities, and Challenges in the PEX Market
Figure 14 Moderate Bargaining Power of Buyers Owing to Requirement of Large Order Quantities
Figure 15 HDPE to Be the Fastest-Growing Type of PEX
Figure 16 APAC to Be the Largest Market for HDPE-Based PEX
Figure 17 PEXA to Be the Fastest-Growing Technology for PEX
Figure 18 APAC to Be the Largest Market for PEXA
Figure 19 Wires & Cables to Be the Largest Application of PEX
Figure 20 APAC is the Largest Market for PEX in Wires & Cables Application
Figure 21 Emerging Countries of APAC to Emerge as Strategic Locations for the PEX Market
Figure 22 APAC: PEX Market Snapshot
Figure 23 Europe: PEX Market Snapshot
Figure 24 North America: PEX Market Snapshot
Figure 25 South America: PEX Market Snapshot
Figure 26 Middle East & Africa: PEX Market Snapshot
Figure 27 Companies Primarily Adopted Expansion as the Key Growth Strategy Between 2014 and 2018
Figure 28 The Dow Chemical Company Led the PEX Market in 2018
Figure 29 The Dow Chemical Company: Company Snapshot
Figure 30 The Dow Chemical Company: SWOT Analysis
Figure 31 Borealis AG: Company Snapshot
Figure 32 Borealis AG: SWOT Analysis
Figure 33 Solvay: Company Snapshot
Figure 34 Solvay: SWOT Analysis
Figure 35 Lyondellbasell: Company Snapshot
Figure 36 Lyondellbasell: SWOT Analysis
Figure 37 Exxonmobil Corporation: Company Snapshot
Figure 38 Exxonmobil Corporation: SWOT Analysis
Figure 39 Polyone Corporation: Company Snapshot
Figure 40 Hanwha Chemical Corporation: Company Snapshot
Figure 41 HDC Hyundai EP: Company Snapshot

The study involved four major activities in estimating the current market size for PEX. The exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation were used to estimate the market size of segments and sub-segments.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers and Bloomberg BusinessWeek were referred to for identifying and collecting information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, regulatory bodies, and databases.

Primary Research

The PEX market comprises several stakeholders such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by the developments in the construction, automotive, power, and telecommunication industries. The supply side is characterized by market consolidation activities undertaken by raw material suppliers. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.  Following is the breakdown of primary respondents

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Top-down and bottom-up approaches were used to estimate and validate the total size of the PEX market. These methods were also used extensively to estimate the size of various sub-segments in the market. The research methodology used to estimate the market size includes the following:

The key players in the industry and markets were identified through extensive secondary research.

The industry’s supply chain and market size, in terms of value and volume, were determined through primary and secondary research processes.
All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and sub-segments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and sub-segment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Objectives of the Study:

  • To define, describe, and forecast the market size of cross-linked polyethylene (PEX), in terms of value and volume
  • To identify and analyze the key drivers, restraints, challenges, and opportunities influencing the growth of the market
  • To define and segment the market size by type, technology, application, and region
  • To forecast the size of the market on the basis of region, such as North America, Europe, Asia Pacific (APAC), South America, and the Middle East & Africa
  • To estimate and forecast the market at the country level in each of the regions
  • To analyze the market opportunities and competitive landscape of the stakeholders and market leaders
  • To analyze recent market developments and competitive strategies, such as expansion, merger & acquisition, new product launch, joint venture, and partnership
  • To strategically identify and profile the key market players and analyze their core competencies

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies.

The following customization options are available for the report:

Regional Analysis:

  • Country-level analysis of the PEX market

Company Information:

  • Detailed analysis and profiling of additional market players
Report Code
CH 4904
Published ON
Jun, 2019
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