Global PEX (Crossed-Linked Polyethylene) Market 2020 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global PEX (Crossed-Linked Polyethylene) Market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
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The Market size of PEX was USD 5.5 Billion in 2020 and is projected to reach USD 7.9 Billion by 2025, at a CAGR of 7.7%. This report spread across 221 Pages, Profiling 10 Companies and Supported with 314 Tables and 58 figures are now available in this research.
Top Key Players Profiled in the PEX (Crossed-Linked Polyethylene) Market:
- The Dow Chemical Company (US)
- Borealis AG (Austria)
- Solvay (Belgium)
- Lyondellbasell (Netherlands)
- Exxonmobil Corporation (US)
- Polyone Corporation (US)
- 3H Vinacome Co. Ltd. (Vssssietname)
- Falcone Specialities AG (Switzerland)
- Hanwha Chemical Corporation (South Korea)
- Hyundai EP (South Korea)
The PEX market is driven by its usage in demanding and dynamic applications in the power industry as well. PEX has also become a preferred option for use in the water plumbing application because of its flexibility. Moreover, installing PEX is much less labor-intensive than the traditional pipes since fewer connections and fittings are needed in a PEX installation.
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HDPE is expected to be the largest type of PEX (Crossed-Linked Polyethylene)used globally in terms of both value and volume. Cross-linked HDPE is used in pipes and tubing in the plumbing segment. The excellent combination of properties makes HDPE an ideal material for diverse applications in various industries.
Wires & cables is the largest application of PEX. PEX exhibits high resistance to flame and heat deformation, which makes it suitable for wires & cables. Cross-linking adds brilliant dielectric properties to polyethylene, which is resilient to flow and permanent deformation above the softening point.