Cross Linked Polyethylene Market Report 2025 (Global Edition)

Global Cross Linked Polyethylene Market Report 2025 Market Size Split by Type (Low-density Polyethylene, Medium Density Polyethylene, High-density Polyethylene), by Application (Automotive, Chemical I...

Cross Linked Polyethylene Market Report Description

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Competitive Landscape: Cross-Linked Polyethylene market

Major market players are spending a lot of money on R&D to increase their product lines, which will help the Cross-Linked Polyethylene (XLPE) market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, including new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Cross-Linked Polyethylene (XLPE) industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

One of the primary business strategies adopted by manufacturers in the Cross-Linked Polyethylene (XLPE) industry to benefit clients and expand the Cross-Linked Polyethylene market sector is to manufacture locally to reduce operating costs. In recent years, Cross-Linked Polyethylene (XLPE) has provided products with some of the most significant benefits. 

Major players in the market include ExxonMobil Chemical Company, LyondellBasell Industries, 3H Vinacom Co., Hanwha Chemicals, Arkema Group, AkzoNobel N.V., Falcone Specialities AG, Borealis AG, and PolyOne Corporation.

Recent Market Developments:

• January 2023: Borealis AG announced the recycling of crosslinked polyethylene such as PE-X and XLPE into recycled polyethylene using its Borcycle C chemical recycling process. It enables maintaining industry standards and high application quality, and help customer to capitalize on circular solutions. 

(Source: https://www.borealisgroup.com/news/fda-clears-borealis-borcycle-m-recycled-plastics-for-use-in-food-grade-packaging)

• In 2021, Uponor Corporation launched a new range of flexible PEX piping solutions for hot and cold water applications. The new range of piping solutions includes Uponor AquaPEX, a durable and flexible piping solution that is designed for use in residential and commercial plumbing systems

(Source;https://www.uponor.com/en-us/solutions/uponor-pex/uponor-aquapex-red-and-blue-pipe)

Top Companies Market Share in Cross Linked Polyethylene Industry: (In no particular order of Rank)

• 3H VINACOM CO.LTD
• Arkema
• AVIENT (PolyOne Corporation)
• Borealis AG
• Charloma Inc.
• Dow (Dow Chemical Company)
• Exxon Mobil Corporation
• Falcone Specialities AG
• Hanwha Solutions Chemical Division Corporation
• HDC HYUNDAI EP COMPANY
• LyondellBasell Industries Holdings B.V.
• Polylink Polymers (India) Ltd.
• R.T. Vanderbilt Holding Company Inc.
• Saco AEI Polymers
• Sankhla Plolymers
• SILON
• Solvay
• THE CHEMICAL COMPANY
• Zimmer Biomet
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Which Region will dominate the Market in 2024, and Which Region is Expanding at the Fastest CAGR?

The Asian Pacific region has dominated the Cross-Linked Polyethylene Market. Asia pacific regions hold around. In terms of value, Asia Pacific held XX% share of the global Cross-Linked Polyethylene market. Asia pacific currently dominates the market and is expected to continue its dominance over the market during the forecast period. In the Asia-Pacific region, China has spent only about 3% of the global healthcare spending, to address the healthcare needs of 22% of the world's total population. To reduce this gap, China is investing heavily in its domestic healthcare sector. Additionally, growth in the construction sector, increased investments in industrial and public infrastructure, and development of gas pipelines, water transmission, and sewer systems fueled by rapid urbanization, are the key factors that will drive the studied market, in the country, during the forecast period. Cross-linked polyethylene is extensively used in wide range of industries such as building and construction, automotive, medical, and electrical and electronics including others. According to International Trade Administration, China is the world's largest construction market. There is a stimulus-induced infrastructure investment is expected to increase the industry's growth. For example, China's 14th Five-Year Plan emphasizes new infrastructure projects in transportation, energy, water systems, and new urbanization. According to estimates, overall investment in new infrastructure during the 14th Five-Year Plan period (2021-2025) will reach roughly USD 4.2 trillion. Chinese government promulgated Healthy China 2030, a blueprint that outlines its ongoing intent to prioritize health as a precondition for sustained social and economic development. Additionally, growing research on pharmaceuticals, in the country, will also augment the demand for XLPE, during the forecast period. According to Invest India, India is expected to become the third largest construction industry in the world. As under National Infrastructure Pipeline (NIP) for FY 2020-2025, India has an investment budget of USD 1.4 trillion on infrastructure, 24% on renewable energy, 18% on roads & highways, 17% on urban infrastructure, and 12% on railways. This budgets is accounted to around 70% of the total capital expenditures of Indian infrastructure development. Such factors are boosting the demand for the market studied during the forecast period. 

The European Cross-Linked Polyethylene Market is anticipated to grow at the fastest CAGR from 2023 to 2032. Europe is expected to expand at the highest CAGR Europe’s counter. Europe had a substantial market share. Europe Cross-Linked Polyethylene (XLPE) market accounts for the second-largest market share due to the growing demand for the product from various applications, including the pharmaceutical and foundry sands industry. Further, the Germany Cross-Linked Polyethylene (XLPE) market held the largest market share, and the UK Cross-Linked Polyethylene (XLPE) market was the fastest growing market in the European region

The current report Scope analyzes Cross Linked Polyethylene Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

Cross Linked Polyethylene Market Analysis

How is the Types Segment Performing in the Cross-Linked Polyethylene Market?

Based on Type, the high-density polyethylene segment dominates the global Cross-Linked Polyethylene market in the year 2023. Based on this type, the market is divided into ow-density polyethylene, medium-density polyethylene, and high-density polyethylene

The high-density polyethylene segment held a key share of the market and is expected to expand at a significant growth rate during the projected period due to its high mechanical strength and can recycle. Rising plumbing activities in the domestic and industrial sectors demand for high-density polyethylene, which fuels the global market growth.

The High-Density Polyethylene (HDPE) segment held the majority share in 2021 contributing to around ~750-80% in respect to the Cross-Linked Polyethylene (XLPE) market revenue. This is primarily owing to the rising demand of Cross-Linked Polyethylene (XLPE) in domestic and industrial plumbing. Cross-linked HDPE is gaining traction over raw HDPE due to its thermosetting nature, high mechanical strength, and better stress crack resistance. Furthermore, cross-linked HDPE can be produced economically and thus, finds wide application in domestic and industrial plumbing services. For instance, as per the U.S. Census Bureau statistics published in 2018, a rising number of residential units.

The medium-density polyethylene segment is anticipated to hold a key share of the market in the coming years owing to its wide application in medical devices. Growing healthcare sector and rising adoption of various medical devices demands for medium-density polyethylene. However, low-density polyethylene is expected to expand at a rapid pace due to its wide applications in wires & cables owing to its good electrical properties.

January 2022: Uponor North America joined Plumbing Manufacturers International collaborated with other PMI members to address labor, supply chain, sustainability, and other issues. According to Olinger, Uponor's principal product offering is cross-linked polyethylene — or PEX-a — plumbing and heating systems for residential and commercial uses. Uponor has recently begun to provide PP-RCT, a large-diameter mechanical plumbing solution that integrates flawlessly with PEX systems. 

• Low-density Polyethylene
• Medium Density Polyethylene
• High-density Polyethylene

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Cross Linked Polyethylene Industry. Request a Free Sample PDF!

Which application segment holds the largest revenue share of the Cross-Linked Polyethylene Market?

Based on Application,  the wires & cables segment dominated the global Cross-Linked Polyethylene market. Based on Application, the global Cross-Linked Polyethylene market is segmented into automotive, chemical industry, medical appliances, plumbing, wires & cables, and others.

The wires & cables segment accounted for a large market share in 2021 and is expected to hold a market share in the coming years. Cross-linking offers dielectric property, which is suitable for medium to high voltage ranges. The growing requirement for electric power transmission and distribution equipment due to the rapid expansion of power distribution lines leads to driving the growth of the global cross-linked polyethylene market.

Cross-linked polyethylene (PEX) has found significant applications in the wires and cables industry due to its excellent electrical and mechanical properties. PEX is commonly used as insulation and jacketing material for various types of cables and wires, and its demand is expected to increase in the future for several reasons. In the wires and cables industry, PEX is used primarily as an insulation material for power cables and communication cables. Its high-temperature resistance, electrical insulation properties, and resistance to moisture make it an ideal choice for protecting the conductive elements within the cables. PEX's ability to maintain its structural integrity even in extreme conditions, such as high heat or exposure to chemicals, makes it a durable and reliable option for long-lasting cable insulation. Furthermore, PEX is valued for its flexibility and ease of installation. Its flexibility allows for easier bending and routing of cables, reducing the labor and time required for installation. This is particularly advantageous in the construction and infrastructure sectors, where the demand for efficient and cost-effective cable installation solutions is high. The ongoing development of global infrastructure, including the expansion of power grids, telecommunications networks, and renewable energy projects, will drive the demand for high-quality cables and wires. PEX's versatility and reliability position it as a suitable material to meet these demands.

The plumbing segment is estimated to generate a major share of the market during the projected period. PEX pipes perform well compared to traditional materials. PVC pipes and copper pipes do not perform in high temperatures. Thus, rising demand for PEX due to its flexibility leads to accelerate the global market growth.

• Automotive
• Chemical Industry
• Medical appliances
• Plumbing
• Wires & Cables
• Others

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Cross Linked Polyethylene Process Segment Analysis

Based on Process, the Chemical segment dominates the global Cross-Linked Polyethylene market in the year 2023. Based on process, the market is divided into physical and chemical.

The chemical segment is anticipated to generate a revenue share of the market during the assessment period. Chemical cross-linking is the intermolecular joining of two or more molecules through a covalent bond. It offers high strength and durability. Rising demand for durable PEX products from various industries boosts global market growth. Rising demand weather, heat, and moisture resistant materials that provides better protection to wires to transfer energy effectively and efficiently are projected to fuel the market growth. Cross-Linked Polyethylene (XLPE) is widely used in the production of cables and wires due to its excellent property.

The physical segment is expected to contribute to segment growth in the coming years due to its wide applications in the medical industry. Physical cross-linking is the process of joining molecules through a weak reaction, which is widely used for the implantation of prostheses in body parts.

• Physical
• Chemical

Cross Linked Polyethylene Technology Segment Analysis

Based on Technology, the peroxide segment dominates the global Cross-Linked Polyethylene market in the year 2023. Based on technology, the market is divided into peroxide, silane grafting, and electron beam processing

The peroxide segment is projected to register a considerable CAGR during the forecast period due to its various superior advantages. It offers good processability, high breakdown strength, and low dielectric loss, which is suitable for diverse industrial applications. It improves efficiency and flexibility. Thus, the rising demand for flexible pipes in plumbing applications encouraged manufacturers to adopt peroxide technology, which boosts the global market growth.

The peroxide process performs "hot" cross-linking above the crystal melting point. This process takes slightly longer than the other two methods as the polymer has to be kept at a higher temperature and pressure for long periods during the extrusion of the material. The reaction takes place until all peroxide is consumed or the temperature falls below the decomposition point and finally leads to the three-dimensional cross-linked structure of polyethylene. Dicumyl peroxide (DCP) is widely used for cross-linking of thermoplastics. The cross-linking efficiency of DCP is more than other peroxides. This technology provides the highest flexibility (softness) and the highest degree of cross-linking compared to other technology types

On the other hand, the silane grafting segment is anticipated to account for a major market share in the coming years due to low costs and ease of the process, which reduces the operation cost. It allows crosslink in ambient temperature without moisture content. Growing demand for cost-effective technology drives the growth of the global market.

• Peroxide
• Silane Grafting
• Electron Beam Processing

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

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