HOME Top Market Reports Cross-Linked Polyethylene Market by Type (High Density Polyethylene (HDPE), Low Density Polyethylene (LDPE)), Application (Plumbing, Wires & Cables, Automotive), Region - Global Forecast to 2026

Cross-Linked Polyethylene Market by Type (High Density Polyethylene (HDPE), Low Density Polyethylene (LDPE)), Application (Plumbing, Wires & Cables, Automotive), Region - Global Forecast to 2026

By: marketsandmarkets.com
Publishing Date: January 2017
Report Code: CH 4904

 

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The global cross-linked polyethylene market was valued at USD 4.76 Billion in 2015 and is projected to reach USD 9.43 Billion by 2026, at a CAGR of 6.42% from 2016 to 2026. The market size in terms of volume was 2,743.4 KT in 2015 and is projected to reach 5,424.9 KT, by 2026, at a CAGR of 6.40% from 2016 to 2026. In this study, 2015 has been considered the base year and 2021 and 2026, the forecast years to estimate the market sizes of cross-linked polyethylene for the midterm forecast period, 2016 to 2021, and the long term forecast period, 2016 to 2026.

The objectives of the study are:

  • To define and segment the global market of cross-linked polyethylene by type, application, and region
  • To estimate and forecast the global cross-linked polyethylene market by application at country-level in different regions, namely, North America, the Asia-Pacific, Europe, South America, and Middle East & Africa
  • To estimate and forecast the market size of cross-linked polyethylene, in terms of value (USD billion), and volume (Kilotons), at global and regional-levels
  • To estimate and forecast the market of cross-linked polyethylene, in terms of value (USD billion), and volume (Kilotons), at country-level
  • To identify and analyze the key growth drivers, restraints, opportunities, and challenges influencing the global cross-linked polyethylene market.
  •  To analyze recent market developments and competitive strategies, such as expansions, product launches/developments, agreements/collaborations, and mergers & acquisitions to draw the competitive landscape in the global cross-linked polyethylene market
  • To strategically identify and profile the key market players and analyze their core competencies in each type and application of the global cross-linked polyethylene market

Different secondary sources such as, company websites, encyclopedia, directories, and databases such as Hoovers, Bloomberg, Businessweek, Factiva, and OneSource have been used to identify and collect information useful for this extensive commercial study of the global cross-linked polyethylene market. The primary sources, including experts from related industries, have been interviewed to verify and collect critical information and assess the future prospects of the market.  The top-down approach has been implemented to validate the market size in terms of value. With the data triangulation procedure and validation of data through primaries, the exact values of the overall parent market size and individual market sizes have been determined and confirmed in this study.

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

The cross-linked polyethylene market has a diversified and established ecosystem of its upstream players such as the raw material suppliers, and downstream stakeholders such as, manufacturers, vendors, end-users, and government organizations.

This study answers several questions for the stakeholders, primarily which market segments they should focus upon during the next two to five years to prioritize their efforts and investments. These stakeholders include cross-linked polyethylene manufacturers such as, The Dow Chemical Company (U.S.), ExxonMobil Chemical Company, Inc. (U.S.), Borealis AG (Austria), LyondellBasell Industries (Netherlands), PolyOne Corporation (U.S.), Arkema Group (France), AkzoNobel N.V. (Netherlands), 3H Vinacom Co., Ltd (Vietnam), Falcone Specialities AG (Switzerland), and Hanwha Chemicals (South Korea).

Key Target Audience:

  • Regional manufacturers’ associations and general cross-linked polyethylene associations
  • Raw material manufacturers
  • Traders, distributors, and suppliers of cross-linked polyethylene
  • Government and regional agencies and research organizations

Scope of the Report:

This research report categorizes the global cross-linked polyethylene market based on agent, application, and region, and forecasts the revenue growth and provides an analysis of trends in each of the submarkets.

On the Basis of Type:

  • High Density Polyethylene(HDPE)
  • Low Density Polyethylene(LDPE)
  • Others (Linear Low Density Polyethylene (LLDPE), Ethylene Vinyl Acetate (EVA) and Polyolefenic Elastomer (POE)

Each type is further described in detail in the report with value forecasts until 2021.

On the Basis of Application:

  • Plumbing
  • Wires & cables
  • Automotive
  • Others (medical, dental, groundskeeping, and sports)

Each application segment is further described in detail in the report, with value forecasts until 2021.

On the Basis of Region:

  • Europe
  • North America
  • Asia-Pacific
  • South America
  • Middle East & Africa
  • Others

Each region is further segmented by key countries such as, the U.S., Mexico, Canada, China, Japan, South Korea, India, Australia, Germany, the U.K., Italy, France, Turkey, Russia, Saudi Arabia, UAE, Argentina, and Brazil.

Available Customizations: The following customization options are available for the report:

  1. Company Information

Analysis and profiles of additional global as well as regional market players (up to three)

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 17)
    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
           2.1.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
    2.3 Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 29)
    4.1 Attractive Opportunities in the Cross-Linked Polyethylene Market
    4.2 Cross-Linked Polyethylene Market, By Region
    4.3 Cross-Linked Polyethylene Market in Asia-Pacific, By Application and Country
    4.4 Cross-Linked Polyethylene Market: Emerging & Mature Markets
    4.5 Fastest-Growing Markets, By Application

5 Market Overview (Page No. - 34)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 By Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Low Cost, Easy Installation, and Flexibility Over Traditional Materials
                    5.3.1.2 Significant Growth of the Automotive Industry
                    5.3.1.3 Growing Need of Plastic Pipes in the Solar Industry
           5.3.2 Restraints
                    5.3.2.1 Safety Issues and Possibility of Plumbing Failure
           5.3.3 Opportunities
                    5.3.3.1 Rapid Urbanization and High Increase in Industrial Production in Asia-Pacific
           5.3.4 Challenges
                    5.3.4.1 Fluctuations in Raw Material Prices
    5.4 Revenue Pocket Matrix

6 Industry Trends (Page No. - 43)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Analysis
           6.3.1 Threat of New Entrants
           6.3.2 Bargaining Power of Buyers
           6.3.3 Threat of Substitutes
           6.3.4 Bargaining Power of Suppliers
           6.3.5 Intensity of Competitive Rivalry
    6.4 Macroeconomic Overview and Trends
           6.4.1 Plastic Industry Trends
                    6.4.1.1 Contribution of the Plastic Industry to North American GDP
                    6.4.1.2 Contribution of the Plastic Industry to European GDP
                    6.4.1.3 Contribution of the Plastic Industry to Asia-Pacific GDP
                    6.4.1.4 Contribution of the Plastic Industry to Middle East & Africa GDP
                    6.4.1.5 Contribution of the Plastic Industry to South American GDP

7 Cross-Linked Polyethylene Market, By Process (Page No. - 50)
    7.1 Introduction
    7.2 Chemical Process
    7.3 Physical Process

8 Cross-Linked Polyethylene, By Technology (Page No. - 51)
    8.1 Introduction
    8.2 Peroxide
    8.3 Silane Grafting
    8.4 Electron Beam

9 Cross-Linked Polyethylene Market, By Type (Page No. - 53)
    9.1 Introduction
    9.2 High Density Polyethylene (HDPE)
    9.3 Low Density Polyethylene (LDPE)
    9.4 Others

10 Cross-Linked Polyethylene, By Application (Page No. - 60)
     10.1 Introduction
     10.2 Plumbing
     10.3 Wires & Cables
     10.4 Automotive
     10.5 Others

11 Cross-Linked Polyethylene Market, By Region (Page No. - 69)
     11.1 Introduction
     11.2 North America
             11.2.1 U.S.
             11.2.2 Canada
             11.2.3 Mexico
     11.3 Asia-Pacific
             11.3.1 China
             11.3.2 Japan
             11.3.3 Australia
             11.3.4 India
             11.3.5 South Korea
             11.3.6 Rest of Asia-Pacific
     11.4 Europe
             11.4.1 Germany
             11.4.2 Italy
             11.4.3 U.K.
             11.4.4 France
             11.4.5 Russia
             11.4.6 Turkey
             11.4.7 Rest of Europe
     11.5 Middle East & Africa
             11.5.1 Saudi Arabia
             11.5.2 UAE
             11.5.3 Rest of Middle East & Africa
     11.6 South America
             11.6.1 Brazil
             11.6.2 Argentina
             11.6.3 Rest of South America

12 Competitive Landscape (Page No. - 102)
     12.1 Introduction
     12.2 Market Share Analysis
     12.3 New Product Launches/Developments: the Most Popular Growth Strategy
     12.4 Competitive Situations and Trends
             12.4.1 New Product Launches/Developments
             12.4.2 Expansions
             12.4.3 Agreements & Joint Ventures
             12.4.4 Mergers & Acquisitions

13 Company Profiles (Page No. - 108)
(Overview, Financial*, Products & Services, Strategy, and Developments)
     13.1 The DOW Chemical Company
     13.2 Arkema Group
     13.3 Borealis AG
     13.4 Akzonoble N.V.
     13.5 Lyondellbasell Industries N.V.
     13.6 3H Vinacom Co., Ltd.
     13.7 Exxonmobil Chemical Company, Inc.
     13.8 Falcone Specialities AG
     13.9 Hanwha Chemical
     13.10 Polyone Corporation
     13.11 Other Company Profiles
             13.11.1 Hyundai EP
             13.11.2 Kkalpana Group
             13.11.3 Kanoo Group
             13.11.4 Polylink Polymers (India) Ltd.
             13.11.5 Saco Polymers Inc.
             13.11.6 Sankhla Polymers Private Limited
             13.11.7 Silon S.R.O.
             13.11.8 Solvay SA
             13.11.9 Vanderbilt Chemicals LLC
             13.11.10 Zimmer Inc.

*Details Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 133)
     14.1 Insights From Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets Subscription Portal
     14.4 Available Customizations
     14.5 Related Reports
     14.6 Author Details


List of Tables (86 Tables)

Table 1 By Technology
Table 2 By Type
Table 3 By Application
Table 4 Contribution of the Plastic Industry to North America GDP, USD Million (2014–2021)
Table 5 Contribution of the Plastic Industry to Europe GDP, USD Million (2014–2021)
Table 6 Contribution of the Plastic Industry to Asia-Pacific GDP, USD Million (2014–2021)
Table 7 Contribution of the Plastic Industry to Middle East & Africa GDP, USD Million (2014–2021)
Table 8 Contribution of the Plastic Industry to South America, USD Million (2014–2021)
Table 9 Cross-Linked Polyethylene Market Size, By Type, 2014–2026 (USD Million)
Table 10 Cross-Linked Polyethylene Market Size, By Type, 2014–2026 (Kiloton)
Table 11 Cross-Linked HDPE Market Size, By Region, 2014–2026 (USD Million)
Table 12 Cross-Linked HDPE Market Size, By Region, 2014–2026 (Kiloton)
Table 13 Cross-Linked LDPE Market Size, By Region, 2014–2026 (USD Million)
Table 14 Cross-Linked LDPE Market Size, By Region, 2014–2026 (Kiloton)
Table 15 Other Cross-Linked Polyethylene Market Size, By Region, 2014–2026 (USD Million)
Table 16 Other Cross-Linked Polyethylene Market Size, By Region, 2014–2026 (Kiloton)
Table 17 Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 18 Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 19 Cross-Linked Polyethylene Market Size in Plumbing, By Region, 2014–2026 (USD Million)
Table 20 Cross-Linked Polyethylene Market Size in Plumbing, By Region, 2014–2026 (Kiloton)
Table 21 Cross-Linked Polyethylene Market Size in Wires & Cables, By Region, 2014–2026 (USD Million)
Table 22 Cross-Linked Polyethylene Market Size in Wires & Cables, By Region, 2014–2026 (Kiloton)
Table 23 Cross-Linked Polyethylene Market Size in Automotive, By Region, 2014–2026 (USD Million)
Table 24 Cross-Linked Polyethylene Market Size in Automotive, By Region, 2014–2026 (Kiloton)
Table 25 Cross-Linked Polyethylene Market Size in Other Applications, By Region, 2014–2026 (USD Million)
Table 26 Cross-Linked Polyethylene Market Size in Other Applications, By Region, 2014–2026 (Kiloton)
Table 27 Cross-Linked Polyethylene Market Size, By Region, 2014–2026 (USD Million)
Table 28 Cross-Linked Polyethylene Market Size, By Region, 2014–2026 (Kiloton)
Table 29 North America: Cross-Linked Polyethylene Market Size, By Country, 2014–2026 (USD Million)
Table 30 North America: Cross-Linked Polyethylene Market Size, By Country, 2014–2026 (Kiloton)
Table 31 U.S.: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 32 U.S.: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 33 Canada: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 34 Canada: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 35 Mexico: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 36 Mexico: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 37 Asia-Pacific: Cross-Linked Polyethylene Market Size, By Country, 2014–2026 (USD Million)
Table 38 Asia-Pacific: Cross-Linked Polyethylene Market Size, By Country, 2014–2026 (Kiloton)
Table 39 China: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 40 China: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 41 Japan: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 42 Japan: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 43 Australia: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 44 Australia: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 45 India: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 46 India: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 47 South Korea: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 48 South Korea: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 49 Rest of Asia-Pacific: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 50 Rest of Asia-Pacific: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 51 Europe: Cross-Linked Polyethylene Market Size, By Country, 2014–2026 (USD Million)
Table 52 Europe: Cross-Linked Polyethylene Market Size, By Country, 2014–2026 (Kiloton)
Table 53 Germany: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 54 Germany: Cross-Linked Market Size, By Application, 2014–2026 (Kiloton)
Table 55 Italy: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 56 Italy: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 57 U.K.: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 58 U.K.: Cross-Linked Polyethylene Market Size, By Application, 2014–20261 (Kiloton)
Table 59 France: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 60 France: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 61 Russia: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 62 Russia: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 63 Turkey: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 64 Turkey: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 65 Rest of Europe: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 66 Rest of Europe: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 67 Middle East & Africa: Cross-Linked Polyethylene Market Size, By Country, 2014–2026 (USD Million)
Table 68 Middle East & Africa: Cross-Linked Polyethylene Market Size, By Country, 2014–2026 (Kiloton)
Table 69 Saudi Arabia: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 70 Saudi Arabia: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 71 UAE: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 72 UAE: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 73 Rest of Middle East & Africa: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 74 Rest of Middle East & Africa: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 75 South America: Cross-Linked Polyethylene Market Size, By Country, 2014–2026 (USD Million)
Table 76 South America: Cross-Linked Polyethylene Market Size, By Country, 2014–2026 (Kiloton)
Table 77 Brazil: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 78 Brazil: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 79 Argentina: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 80 Argentina: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 81 Rest of South America: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (USD Million)
Table 82 Rest of South America: Cross-Linked Polyethylene Market Size, By Application, 2014–2026 (Kiloton)
Table 83 New Product Launches/ Developments, 2012–2016
Table 84 Expansions, 2012–2016
Table 85 Agreements & Joint Ventures, 2012–2016
Table 86 Mergers & Acquisitions, 2012–2016


List of Figures (48 Figures)

Figure 1 Cross-Linked Polyethylene: Market Segmentation
Figure 2 Cross-Linked Polyethylene Market: Research Design
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Cross-Linked Polyethylene: Data Triangulation
Figure 6 HDPE LED the Cross-Linked Polyethylene Market in 2015
Figure 7 Plumbing to Lead the Cross-Linked Polyethylene Market From 2016 to 2021
Figure 8 Asia-Pacific to Be the Fastest-Growing Market From 2016 to 2021
Figure 9 Asia-Pacific Was the Largest Cross-Linked Polyethylene Market in 2015
Figure 10 Cross-Linked Polyethylene Market Size, 2016 & 2021
Figure 11 Asia-Pacific to Be the Fastest-Growing Market From 2016 to 2021
Figure 12 China Accounted for the Largest Share of the Cross-Linked Polyethylene Market in 2015
Figure 13 China to Emerge as the Most Lucrative Market From 2016 to 2021
Figure 14 High Growth Potential of the Cross-Linked Polyethylene Market in Emerging Economies
Figure 15 By Region
Figure 16 Low Cost of Cross-Linked Polyethylene, Easy Installation, and Significant Growth in the Automotive and Solar Industries Expected to Drive the Market
Figure 17 Cross-Linked Polyethylene Market : Impact Analysis, 2016-2026
Figure 18 Fluctuations of Crude Oil Price, Jan 2014–Aug 2016
Figure 19 Revenue Pocket Matrix, By Application
Figure 20 Raw Material Suppliers and Manufacturers Add Major Value to the Value Chain
Figure 21 Porter’s Five Forces Analysis
Figure 22 Cross-Linked HDPE to Drive the Market From 2016 to 2021
Figure 23 Asia-Pacific to Be the Fastest-Growing Cross-Linked HDPE Market From 2016 to 2021
Figure 24 Asia-Pacific to Be the Largest Cross-Linked LDPE Market From 2016 to 2021
Figure 25 Plumbing to Be the Largest Application of Cross-Linked Polyethylene Market From 2016 to 2021
Figure 26 Asia-Pacific to Be the Largest Market in Plumbing From 2016 to 2021
Figure 27 Asia-Pacific to Be the Largest Market in Wires & Cables From 2016 to 2021
Figure 28 Asia-Pacific to Be the Largest Market in Automotive From 2016 to 2021
Figure 29 Asia-Pacific to Be the Largest Market in Other Applications From 2016 to 2021
Figure 30 Regional Market Snapshot: Asia-Pacific to Be the Fastest-Growing Cross-Linked Polyethylene Market, 2016–2021
Figure 31 North America Market Snapshot: U.S. to Be the Largest Market, 2016–2021
Figure 32 Asia-Pacific Market Snapshot: India to Be the Fastest-Growing Market, 2016–2021
Figure 33 Europe Market Snapshot: Germany to Be the Largest Market, 2016–2021
Figure 34 Companies Primarily Adopted Organic Growth Strategies Between 2012 and 2016
Figure 35 Market Share Analysis
Figure 36 New Product Launches/Developments: the Most Popular Strategy Adopted Between 2012 and 2016
Figure 37 The DOW Chemical Company: Company Snapshot
Figure 38 The DOW Chemical Company: SWOT Analysis
Figure 39 Arkema Group: Company Snapshot
Figure 40 Arkema Group: SWOT Analysis
Figure 41 Borealis AG: Company Snapshot
Figure 42 Borealis AG: SWOT Analysis
Figure 43 Akzonobel N.V.: Company Snapshot
Figure 44 Akzonobel N.V.: SWOT Analysis
Figure 45 Lyondellbasell Industries N.V.: Company Snapshot
Figure 46 Lyondellbasell Industries N.V.: SWOT Analysis
Figure 47 Hanwha Chemical: Company Snapshot
Figure 48 Polyone Corporation: Company Snapshot

The global cross-linked polyethylene market is projected to reach USD 9.43 Billion by 2026, at a CAGR of 6.42% from 2016 to 2026. It is projected to reach 5,424.9 KT, at a CAGR of 6.40% from 2016 to 2026 by volume. Low cost, easy installation and the flexibility of cross-linked polyethylene over traditional materials, and the growing need for plastic pipes in the solar industry are the key factors driving the global cross-linked polyethylene market.

High Density Polyethylene (HDPE) was the largest type of cross-linked polyethylene in 2015, due to the high tensile strength and excellent resistance to abrasive wear. HDPE is cost-effective and its ability to endure variable temperature conditions makes it preferred for use in the manufacture of pipes.

Plumbing is estimated to be the largest application of cross-linked polyethylene. Exposure to moisture, acids, salts, and climatic changes lead to failure in the traditional copper and PCV pipes in plumbing. Thus, cross-linked polyethylene pipes are an efficient alternative which not only are resistant to moisture, acids, and salts, but are also easier to install and provide superior performance. Therefore, the widespread use of cross-linked polyethylene in the plumbing application is making it the largest application in the global cross-linked polyethylene market.

The Asia-Pacific region led the global cross-linked polyethylene market, both, in terms of value and volume, in 2015.  China is the largest market for cross-linked polyethylene in the Asia-Pacific region, and accounted for a major share of the market in terms of value, in 2015. The growing construction sector, increasing R&D activities initiated by major players, the ease of availability of raw material, and increasing development strategies to meet the demand for cross-linked polyethylene in the established and emerging applications, are the key growth drivers for cross-linked polyethylene in this region.

Although the global cross-linked polyethylene market is growing rapidly, a few factors restrain growth. Safety issues and the possibility of plumbing failure and fluctuation in raw material prices are some of the factors restraining and challenging the growth of the global cross-linked polyethylene market.

Borealis AG (Austria), The Dow Chemical Company (U.S.), ExxonMobil Chemical Company, Inc. (U.S.), LyondellBasell Industries (Netherlands), and PolyOne Corporation (U.S.) led the global cross-linked polyethylene market. The diverse product portfolios, strategically positioned R&D centers, adoption of development strategies, and technological advancements, are some of the factors that strengthen the market positions of these companies in the global cross-linked polyethylene market.

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