Chlorinated Polyethylene (CPE) Resins & Elastomers Market

NEWARK, Del, Oct. 13, 2022 (GLOBE NEWSWIRE) — The global chlorinated polyethylene (CPE) resins and elastomers market currently stands at US$600 million and is expected to reach US$1.29 billion by 2032 at a CAGR of 8% from 2022 to 2032.

Chlorinated polyethylene (CPE) resins and elastomers occur as thermoplastic polymers that exhibit improvised chemical and physical properties. Application areas include thermoplastic elastomers and modifiers for polyethylene (PE), acrylonitrile butadiene styrene (ABS) and PVC (polyvinyl chloride). They are preferred primarily because they provide protection against heat, fire, oil, chemicals, weather and abrasion.

Other benefits include exceptional physical and mechanical properties, tensile strength, better load acceptance and low temperature performance. PVC is increasingly being used for PVS coatings, doors, pipes and fencing with an upgrade in the building and construction industry.

Geomembranes are among the major applications of chlorinated resins and elastomers. They could be used as impact modifiers as well as flexible sheets for roofing membranes, automobiles, molded shapes, cable ducts and extruded profiles, and ultimately as a base polymer. It should be noted that impact modification is the largest application of chlorinated polyethylene resins and elastomers, as far as consumption is concerned. It is used to impact modify PVC for vinyl runners, pipes, window profiles, decking and fencing.

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At the same time, the fact that commodity prices are volatile cannot be ignored. Additionally, crude oil prices are skyrocketing. Polyethylene is made from derivatives of crude oil. As such, it is directly affected by the factors mentioned above. Additionally, various economies are establishing strict regulations regarding the use of polyethylene for the sake of the environment. These factors are likely to restrain the Chlorinated Polyethylene (CPE) Resins & Elastomers Market in the near future. Future Market Insights has, through its line of expertise in the form of analysts and consultants, highlighted these findings with future outlook in its latest market study titled “Chlorinated Polyethylene Resins and Elastomers Market (CPE)”.

Key Takeaways from the Chlorinated Polyethylene (CPE) Resins and Elastomers Market

  • North America holds its own when it comes to the chlorinated polyethylene (CPE) resins and elastomers market. This could be attributed to excessive use of PVC in wires, tubing, coatings, cables and molded products. Personal care products like eyeliners, eyebrow pencils, eye shadows, lipstick, mascara, foundations and also use PVC.
  • Europe is expected to witness a CAGR of 12% in the chlorinated polyethylene (CPE) resins and elastomers market owing to the fact that the EU is investing generously in the pharmaceutical sector. Also, the processed food vertical is about to see immense growth here.
  • Asia-Pacific is dominated by China as it is the largest consumer of chlorinated polyethylene elastomer (CPE) resins for pipe applications and impact modifiers. Overall, the building and electrical verticals pull the soft tarp vertical.

“The change in impact is expected to accelerate the chlorinated polyethylene (CPE) resins and elastomers market,” says an analyst at Future Market Insights.

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Competitive landscape

  • Dow, Inc., in October 2021, entered into a partnership with Haldor Topsoe A/S with the goal of efficiently converting waste plastics into circular plastics, thereby recovering their value.
  • Sundow’s ES-IJ series is a proprietary type of polyester-based thermoplastic polyurethane elastomer. Core application areas include injection molded products. Characteristics include fast molding, suitable flexibility, superior transparency and resilience, suitable abrasion resistance, pleasant to the touch feel and texture, and explicit mechanical properties.
  • Lianda, for the past 2.5 decades, has been supplying specialty polymers and performance chemicals to the plastics, adhesives and elastomers markets. These specialty polymers include FKM (fluoroelastomers), CSM (chlorosulfonated polyethylene), CR (polychloroprene), EPDM, CO/ECO (epichlorohydrin, etc.).

What does the report cover?

  • Future Market Insights offers an exclusive perspective and various real-time information on the Chlorinated Polyethylene (CPE) Resins and Elastomers market in its latest study, presenting a historical demand assessment from 2016 to 2021 and projections for 2022 to 2032.
  • The research study is based on Type (Solution Chlorination, Water Suspension, and Stirred Bed Solid Phase Chlorination Process), by Application (Automotive, Roofing Membranes, Molded Straps, Extruded Profiles, Cable Duct, etc.).

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Key segments covered in the Chlorinated Polyethylene Resins report

Type:

  • Chlorination in solution
  • Water Suspension
  • Solid phase chlorination process of the stirred bed

Application:

  • Automotive
  • Roof membranes
  • Molded straps
  • Extruded profiles
  • cable sheath
  • Others

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Contents

1. Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply-side trends

1.4. Analysis of the technology roadmap

1.5. Analysis and recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limits

3. Market Context

3.1. Market dynamics

3.1.1. Drivers

3.1.2. Constraints

3.1.3. Opportunity

3.1.4. Tendencies

3.2. Scenario forecast

3.2.1. Demand in the optimistic scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in the conservative scenario

3.3. Opportunity Map Analysis

3.4. Product life cycle analysis

3.5. Supply chain analysis

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