In a recent published report, Kenneth Research has updated the market report for Chlorinated Polyethylene Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Chlorinated Polyethylene Market products.
Request of this Sample – https://www.kennethresearch.com/sample-request-10008904
The global Chlorinated Polyethylene market was valued at USD 425.8 million in 2016 and is projected to reach USD 830.2 million by 2025, growing at a CAGR of 7.7% from 2017 to 2025.
Chlorinated polyethylene is a variant of polyethylene with chlorine content in the range of 34 to 44%. It is used in blends with polyvinyl chloride as it increases the impact resistance. The chlorine group can be cross-linked to obtain solvents used in the rubber industry.
1. Market Drivers
1.1 Growing demand in impact modifier application
1.2 Rising consumption in developing markets
2. Market Restraints
2.1 Production overcapacity in China
2.2 Raw material price volatility
The global Chlorinated Polyethylenemarketis segmented on the basis ofgrade, application,and region.
1. By Grade:
2. By Application:
2.1 Tubing and Hose
2.2 Wire andCable Jacketing
2.5 IR ABS
2.6 Impact Modifier
3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
The major players in the market are as follows:
1. Sundow Polymers Co. Ltd.
2. S & E Specialty Polymers
3. Jiangsu Tianteng Chemical Industry Co. Ltd.
4. Showa Denko K.K
5. Shandong Gaoxin Chemical Co. Ltd.
6. WeifangYaxing Chemical Co. Ltd.
7. ShandingXuye New Materials Co. Ltd.
8. WeifangDaqian Chemicals Co. Ltd.
9. ShandingXiansheng Plastic Industry Co. Ltd.
10. Novista Group Co. Ltd.
11. Hangzhou Keli Chemical Co. Ltd.
12. The DOW Chemical Company
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Chlorinated Polyethylenemarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
Access Full Report Here – https://www.kennethresearch.com/report-details/global-chlorinated-polyethylene-market-/10008904
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
Name: Kenneth research
Phone: +1 313 462 0609