
Chlorinated Polyethylene Market
Chlorinated Polyethylene Market Forecasts to 2030 - Global Analysis By Grade (Chlorinated Polyethylene (CPE) 135A, Chlorinated Polyethylene (CPE) 135B and Other Grades), Application (Wire & Cable Jacketing, Hose & Tubing, Ignition Resistant Acrylonitrile Butadiene Styrene (IR ABS), Adhesives, Impact Modifier, Magnetics and Other Applications) and By Geography

According to Stratistics MRC, the Global Chlorinated Polyethylene Market is accounted for $720.87 million in 2024 and is expected to reach $1298.10 million by 2030 growing at a CAGR of 10.3% during the forecast period. Chlorinated Polyethylene (CPE) is a multipurpose thermoplastic polymer that is produced by chlorinating synthetic polyethylene. Because of the improved qualities this modification imparts, including increased resistance to chemicals, oils, and aging, CPE can be used in a variety of industrial applications. It is the perfect material for use in roofing membranes, wire coatings, conveyor belts, and automotive parts because of its exceptional flexibility, durability, and weather ability.
According to a report by the International Energy Agency (IEA), the global demand for polyethylene, including its chlorinated derivatives, is projected to reach 120 million metric tons by 2030.
Market Dynamics:
Driver:
Growing need for long-lasting materials
The demand for materials that can survive harsh environmental conditions, like UV rays, high temperatures, extreme weather, and exposure to different chemicals, is rising in sectors like consumer goods, automotive, and construction. Because of its remarkable resistance to chemicals, CPE is highly prized and perfect for products exposed to oils, chemicals, and outdoor environments. Moreover, CPE is becoming more and more in demand as industries shift to sustainable and durable materials to lower maintenance costs and extend product life spans.
Restraint:
Expensive production costs
The relatively high production cost of CPE in comparison to alternative materials is one of the main factors limiting the market. High energy consumption and specialized equipment are needed for the chlorination process of polyethylene, which raises operating costs. Additionally, the cost of the raw materials required to produce CPE, such as chlorine and polyethylene, can change depending on the state of the market. Industries looking for cost-effective solutions may find CPE less appealing when there are less expensive alternatives on the market because these high production costs are frequently passed on to end users.
Opportunity:
Innovations in technology for CPE production
Significant prospects exist for enhancing the environmental impact, cost-effectiveness, and production efficiency of chlorinated polyethylene through ongoing developments in manufacturing technologies. New developments like enhanced chlorination procedures, green chemistry strategies, and energy-efficient manufacturing techniques may lower the cost of CPE overall and increase its competitiveness with other materials. Furthermore, advancements in compounding technologies and polymer blends may enable producers to tailor CPE for particular uses, enhancing its qualities and expanding its industry application.
Threat:
Growing competition from different substances
Thermoplastic elastomers (TPE), PVC, and other engineering plastics are among the materials that compete with CPE in various applications. These materials may become more competitive as manufacturers and industries look for substitutes that provide better performance, reduced costs, or increased environmental benefits. Innovations in TPEs and other synthetic polymers, for instance, provide comparable qualities like flexibility, impact resistance, and chemical resistance, frequently at a lower cost. Moreover, CPE might find it difficult to hold onto market share as substitute materials develop and get better, especially in sectors that are price-sensitive or looking for more environmentally friendly solutions.
Covid-19 Impact:
Due to temporary shutdowns of manufacturing facilities, decreased industrial activity, and disruptions in global supply chains, the COVID-19 pandemic had a major effect on the market for chlorinated polyethylene (CPE). A decline in consumption resulted from slowed demand or halted operations in several CPE-dependent industries, including consumer goods, construction, and the automobile industry, during the early phases of the pandemic. Furthermore, contributing to delays and cost increases were interruptions in the production of raw materials like polyethylene and chlorine. Demand for CPE, however, increased in industries like packaging and automotive as recovery efforts got underway and industries adjusted to new health and safety regulations.
The Chlorinated Polyethylene (CPE) 135A segment is expected to be the largest during the forecast period
The Chlorinated Polyethylene (CPE) 135A segment is expected to account for the largest market share during the forecast period because it is frequently used in applications involving impact modification. PVC pipes, fittings, and profiles are frequently made with CPE 135A because it increases their impact strength, toughness, and resistance to weather. It is favored in the infrastructure and construction industries, which are the main sources of demand, due to its exceptional chemical resistance and thermal stability. Because of its superior insulation qualities and resistance to heat and oils, CPE 135A has also become increasingly popular in flexible hoses, seals, and cables as a result of the expansion of the electrical and automotive industries.
The Impact Modifier segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the Impact Modifier segment is predicted to witness the highest growth rate, motivated by its vital role in enhancing the functionality of different polymer products, especially in the automotive and construction industries. CPE is crucial for applications like pipes, window profiles, and siding in the construction sector because it acts as an impact modifier, greatly increasing the toughness, durability, and impact resistance of PVC and other rigid plastics. Furthermore, the increased focus on long-lasting and sustainable materials has accelerated the use of CPE as an impact modifier, supporting its strong growth trajectory.
Region with largest share:
During the forecast period, the Asia-Pacific region is expected to hold the largest market share, propelled by the region's thriving industrial, automotive, and construction sectors. Leading contributors include China, India, and Japan because of their extensive manufacturing bases, massive infrastructure projects, and rising demand for durable materials in a variety of applications. Raw material availability, affordable labor, and developments in polymer processing technologies all contribute to the region's dominance. Furthermore, the Asia-Pacific region's dominant position in the global market has been cemented by the ongoing demand for CPE in applications ranging from automotive components to construction materials brought about by the increased emphasis on urbanization and industrialization throughout the region.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR. The adoption of CPE in applications such as wire and cable jacketing, hoses, and adhesives has been greatly accelerated by the increasing need for weather-durable and impact-resistant materials in infrastructure projects, as well as strict regulations encouraging the use of materials that are resistant to flames and ignition. The demand for CPE as an impact modifier is also being accelerated by the region's emphasis on lightweight materials and sustainable solutions in the automotive industry. Moreover, the CPE market in North America is expanding rapidly due to a number of factors, including the existence of well-established end-use industries, technological developments in polymer processing, and the growing trend toward energy-efficient buildings.
Key players in the market
Some of the key players in Chlorinated Polyethylene market include Evonik Industries AG, Arkema Group, LG Chem Ltd., Hangzhou Keli Chemical Co., Ltd., Nippon Paper Chemicals Co., Ltd., Sumitomo Chemical Co., Ltd., Dow Chemicals, S&E Specialty Polymers, LLC, Weifang Yaxing Chemical Co., Ltd., ExxonMobil Chemical Company, Kaneka Corporation, Lianda Corporation, Novista Group Co., Ltd., Resonac Holdings Corporation and Showa Denko K.K.
Key Developments:
In November 2024, LG Chem Ltd. has signed an initial agreement to secure a key battery material from US multinational gas and oil company ExxonMobil Corp. The two companies have signed a non-binding memorandum of understanding (MOU) for a multi-year offtake agreement for up to 100,000 metric tons of lithium carbonate over 10 years from 2030.
In May 2024, Arkema has agreed to acquire Dow’s flexible packaging laminating adhesives business, one of the leading producers of adhesives for the flexible packaging market, generating annual sales of around US$250 million. The proposed acquisition will significantly expand Arkema’s portfolio of solutions for flexible packaging, enabling the Group to become a key player in this attractive market.
In March 2024, Evonik Vland Biotech, a new joint venture between Evonik China and Shandong Vland Biotech, began operations. The venture aims to expand the market presence of their livestock probiotics in Greater China and develop new products. Evonik’s biotech platform is dedicated to creating biosolutions for healthier living.
Grades Covered:
• Chlorinated Polyethylene (CPE) 135A
• Chlorinated Polyethylene (CPE) 135B
• Other Grades
Applications Covered:
• Wire & Cable Jacketing
• Hose & Tubing
• Ignition Resistant Acrylonitrile Butadiene Styrene (IR ABS)
• Adhesives
• Impact Modifier
• Magnetics
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Chlorinated Polyethylene Market, By Grade
5.1 Introduction
5.2 Chlorinated Polyethylene (CPE) 135A
5.3 Chlorinated Polyethylene (CPE) 135B
5.4 Other Grades
6 Global Chlorinated Polyethylene Market, By Application
6.1 Introduction
6.2 Wire & Cable Jacketing
6.3 Hose & Tubing
6.4 Ignition Resistant Acrylonitrile Butadiene Styrene (IR ABS)
6.5 Adhesives
6.6 Impact Modifier
6.7 Magnetics
6.8 Other Applications
7 Global Chlorinated Polyethylene Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 Company Profiling
9.1 Evonik Industries AG
9.2 Arkema Group
9.3 LG Chem Ltd.
9.4 Hangzhou Keli Chemical Co., Ltd.
9.5 Nippon Paper Chemicals Co., Ltd.
9.6 Sumitomo Chemical Co., Ltd.
9.7 Dow Chemicals
9.8 S&E Specialty Polymers, LLC
9.9 Weifang Yaxing Chemical Co., Ltd.
9.10 ExxonMobil Chemical Company
9.11 Kaneka Corporation
9.12 Lianda Corporation
9.13 Novista Group Co., Ltd.
9.14 Resonac Holdings Corporation
9.15 Showa Denko K.K.
List of Tables
1 Global Chlorinated Polyethylene Market Outlook, By Region (2022-2030) ($MN)
2 Global Chlorinated Polyethylene Market Outlook, By Grade (2022-2030) ($MN)
3 Global Chlorinated Polyethylene Market Outlook, By Chlorinated Polyethylene (CPE) 135A (2022-2030) ($MN)
4 Global Chlorinated Polyethylene Market Outlook, By Chlorinated Polyethylene (CPE) 135B (2022-2030) ($MN)
5 Global Chlorinated Polyethylene Market Outlook, By Other Grades (2022-2030) ($MN)
6 Global Chlorinated Polyethylene Market Outlook, By Application (2022-2030) ($MN)
7 Global Chlorinated Polyethylene Market Outlook, By Wire & Cable Jacketing (2022-2030) ($MN)
8 Global Chlorinated Polyethylene Market Outlook, By Hose & Tubing (2022-2030) ($MN)
9 Global Chlorinated Polyethylene Market Outlook, By Ignition Resistant Acrylonitrile Butadiene Styrene (IR ABS) (2022-2030) ($MN)
10 Global Chlorinated Polyethylene Market Outlook, By Adhesives (2022-2030) ($MN)
11 Global Chlorinated Polyethylene Market Outlook, By Impact Modifier (2022-2030) ($MN)
12 Global Chlorinated Polyethylene Market Outlook, By Magnetics (2022-2030) ($MN)
13 Global Chlorinated Polyethylene Market Outlook, By Other Applications (2022-2030) ($MN)
14 North America Chlorinated Polyethylene Market Outlook, By Country (2022-2030) ($MN)
15 North America Chlorinated Polyethylene Market Outlook, By Grade (2022-2030) ($MN)
16 North America Chlorinated Polyethylene Market Outlook, By Chlorinated Polyethylene (CPE) 135A (2022-2030) ($MN)
17 North America Chlorinated Polyethylene Market Outlook, By Chlorinated Polyethylene (CPE) 135B (2022-2030) ($MN)
18 North America Chlorinated Polyethylene Market Outlook, By Other Grades (2022-2030) ($MN)
19 North America Chlorinated Polyethylene Market Outlook, By Application (2022-2030) ($MN)
20 North America Chlorinated Polyethylene Market Outlook, By Wire & Cable Jacketing (2022-2030) ($MN)
21 North America Chlorinated Polyethylene Market Outlook, By Hose & Tubing (2022-2030) ($MN)
22 North America Chlorinated Polyethylene Market Outlook, By Ignition Resistant Acrylonitrile Butadiene Styrene (IR ABS) (2022-2030) ($MN)
23 North America Chlorinated Polyethylene Market Outlook, By Adhesives (2022-2030) ($MN)
24 North America Chlorinated Polyethylene Market Outlook, By Impact Modifier (2022-2030) ($MN)
25 North America Chlorinated Polyethylene Market Outlook, By Magnetics (2022-2030) ($MN)
26 North America Chlorinated Polyethylene Market Outlook, By Other Applications (2022-2030) ($MN)
27 Europe Chlorinated Polyethylene Market Outlook, By Country (2022-2030) ($MN)
28 Europe Chlorinated Polyethylene Market Outlook, By Grade (2022-2030) ($MN)
29 Europe Chlorinated Polyethylene Market Outlook, By Chlorinated Polyethylene (CPE) 135A (2022-2030) ($MN)
30 Europe Chlorinated Polyethylene Market Outlook, By Chlorinated Polyethylene (CPE) 135B (2022-2030) ($MN)
31 Europe Chlorinated Polyethylene Market Outlook, By Other Grades (2022-2030) ($MN)
32 Europe Chlorinated Polyethylene Market Outlook, By Application (2022-2030) ($MN)
33 Europe Chlorinated Polyethylene Market Outlook, By Wire & Cable Jacketing (2022-2030) ($MN)
34 Europe Chlorinated Polyethylene Market Outlook, By Hose & Tubing (2022-2030) ($MN)
35 Europe Chlorinated Polyethylene Market Outlook, By Ignition Resistant Acrylonitrile Butadiene Styrene (IR ABS) (2022-2030) ($MN)
36 Europe Chlorinated Polyethylene Market Outlook, By Adhesives (2022-2030) ($MN)
37 Europe Chlorinated Polyethylene Market Outlook, By Impact Modifier (2022-2030) ($MN)
38 Europe Chlorinated Polyethylene Market Outlook, By Magnetics (2022-2030) ($MN)
39 Europe Chlorinated Polyethylene Market Outlook, By Other Applications (2022-2030) ($MN)
40 Asia Pacific Chlorinated Polyethylene Market Outlook, By Country (2022-2030) ($MN)
41 Asia Pacific Chlorinated Polyethylene Market Outlook, By Grade (2022-2030) ($MN)
42 Asia Pacific Chlorinated Polyethylene Market Outlook, By Chlorinated Polyethylene (CPE) 135A (2022-2030) ($MN)
43 Asia Pacific Chlorinated Polyethylene Market Outlook, By Chlorinated Polyethylene (CPE) 135B (2022-2030) ($MN)
44 Asia Pacific Chlorinated Polyethylene Market Outlook, By Other Grades (2022-2030) ($MN)
45 Asia Pacific Chlorinated Polyethylene Market Outlook, By Application (2022-2030) ($MN)
46 Asia Pacific Chlorinated Polyethylene Market Outlook, By Wire & Cable Jacketing (2022-2030) ($MN)
47 Asia Pacific Chlorinated Polyethylene Market Outlook, By Hose & Tubing (2022-2030) ($MN)
48 Asia Pacific Chlorinated Polyethylene Market Outlook, By Ignition Resistant Acrylonitrile Butadiene Styrene (IR ABS) (2022-2030) ($MN)
49 Asia Pacific Chlorinated Polyethylene Market Outlook, By Adhesives (2022-2030) ($MN)
50 Asia Pacific Chlorinated Polyethylene Market Outlook, By Impact Modifier (2022-2030) ($MN)
51 Asia Pacific Chlorinated Polyethylene Market Outlook, By Magnetics (2022-2030) ($MN)
52 Asia Pacific Chlorinated Polyethylene Market Outlook, By Other Applications (2022-2030) ($MN)
53 South America Chlorinated Polyethylene Market Outlook, By Country (2022-2030) ($MN)
54 South America Chlorinated Polyethylene Market Outlook, By Grade (2022-2030) ($MN)
55 South America Chlorinated Polyethylene Market Outlook, By Chlorinated Polyethylene (CPE) 135A (2022-2030) ($MN)
56 South America Chlorinated Polyethylene Market Outlook, By Chlorinated Polyethylene (CPE) 135B (2022-2030) ($MN)
57 South America Chlorinated Polyethylene Market Outlook, By Other Grades (2022-2030) ($MN)
58 South America Chlorinated Polyethylene Market Outlook, By Application (2022-2030) ($MN)
59 South America Chlorinated Polyethylene Market Outlook, By Wire & Cable Jacketing (2022-2030) ($MN)
60 South America Chlorinated Polyethylene Market Outlook, By Hose & Tubing (2022-2030) ($MN)
61 South America Chlorinated Polyethylene Market Outlook, By Ignition Resistant Acrylonitrile Butadiene Styrene (IR ABS) (2022-2030) ($MN)
62 South America Chlorinated Polyethylene Market Outlook, By Adhesives (2022-2030) ($MN)
63 South America Chlorinated Polyethylene Market Outlook, By Impact Modifier (2022-2030) ($MN)
64 South America Chlorinated Polyethylene Market Outlook, By Magnetics (2022-2030) ($MN)
65 South America Chlorinated Polyethylene Market Outlook, By Other Applications (2022-2030) ($MN)
66 Middle East & Africa Chlorinated Polyethylene Market Outlook, By Country (2022-2030) ($MN)
67 Middle East & Africa Chlorinated Polyethylene Market Outlook, By Grade (2022-2030) ($MN)
68 Middle East & Africa Chlorinated Polyethylene Market Outlook, By Chlorinated Polyethylene (CPE) 135A (2022-2030) ($MN)
69 Middle East & Africa Chlorinated Polyethylene Market Outlook, By Chlorinated Polyethylene (CPE) 135B (2022-2030) ($MN)
70 Middle East & Africa Chlorinated Polyethylene Market Outlook, By Other Grades (2022-2030) ($MN)
71 Middle East & Africa Chlorinated Polyethylene Market Outlook, By Application (2022-2030) ($MN)
72 Middle East & Africa Chlorinated Polyethylene Market Outlook, By Wire & Cable Jacketing (2022-2030) ($MN)
73 Middle East & Africa Chlorinated Polyethylene Market Outlook, By Hose & Tubing (2022-2030) ($MN)
74 Middle East & Africa Chlorinated Polyethylene Market Outlook, By Ignition Resistant Acrylonitrile Butadiene Styrene (IR ABS) (2022-2030) ($MN)
75 Middle East & Africa Chlorinated Polyethylene Market Outlook, By Adhesives (2022-2030) ($MN)
76 Middle East & Africa Chlorinated Polyethylene Market Outlook, By Impact Modifier (2022-2030) ($MN)
77 Middle East & Africa Chlorinated Polyethylene Market Outlook, By Magnetics (2022-2030) ($MN)
78 Middle East & Africa Chlorinated Polyethylene Market Outlook, By Other Applications (2022-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY

We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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