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Showing posts with the label Chlorinated Polyethylene Market Trend

Chlorinated Polyethylene Market Growth Projection to 2025

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. 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. 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 impac...