Global Crosslinked Polyethylene (PEX) Market Insights, Forecast to 2028

Cross-linked polyethylene, commonly abbreviated PEX, XPE or XLPE, is a form of polyethylene with cross-links. It is used predominantly in building services pipework systems, hydronic radiant heating and cooling systems, domestic water piping, and insulation for high tension (high voltage) electrical cables.
Market Analysis and Insights: Global Crosslinked Polyethylene (PEX) Market
Due to the COVID-19 pandemic, the global Crosslinked Polyethylene (PEX) market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, High-Density Polyethylene (HDPE) accounting for % of the Crosslinked Polyethylene (PEX) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Wires & Cables segment is altered to an % CAGR throughout this forecast period.
China Crosslinked Polyethylene (PEX) market size is valued at US$ million in 2021, while the US and Europe Crosslinked Polyethylene (PEX) are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Crosslinked Polyethylene (PEX) landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Crosslinked Polyethylene (PEX) include The Dow Chemical Company, Borealis, Solvay, LyondellBasell, ExxonMobil Corporation, PolyOne Corporation, 3H Vinacom, Falcone Specialities and Hanwha Chemical Corporation and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Crosslinked Polyethylene (PEX) capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Crosslinked Polyethylene (PEX) by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Crosslinked Polyethylene (PEX) Scope and Segment
Crosslinked Polyethylene (PEX) market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Crosslinked Polyethylene (PEX) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
High-Density Polyethylene (HDPE)
Low-Density Polyethylene (LDPE)
Segment by Application
Wires & Cables
Plumbing
Automotive
Others
By Company
The Dow Chemical Company
Borealis
Solvay
LyondellBasell
ExxonMobil Corporation
PolyOne Corporation
3H Vinacom
Falcone Specialities
Hanwha Chemical Corporation
HDC Hyundai
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Frequently Asked Questions