Market Overview:
The global PEX (crossed-linked polyethylene) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for PEX in wires & cables, plumbing, automotive, and other applications. Asia Pacific is expected to be the fastest-growing region during the forecast period.
Product Definition:
PEX (Crossed-Linked Polyethylene) is a type of plastic that has been crosslinked to make it stronger and more durable. It is often used in plumbing applications because it is resistant to corrosion and can withstand high temperatures.
HDPE:
High-Density Polyethylene (HDPE) is a widely used polymer in the packaging industry owing to its properties such as high resistance to solvents, acids and bases, excellent barrier properties against moisture and light, high tensile strength and flexibility at low temperatures. HDPE is also known as polyethylene terephthalate or PET for short which has applications in water bottles, soft drink bottles etc.
LDPE:
LDPE is a type of low-density polyethylene that is widely used in plumbing and electrical applications. It has high resistance to chemicals, such as solvents, alcohols, and dilute acids. LDPE offers excellent flexibility at both cold & room temperature along with good impact strength.
Application Insights:
The wires & cables application segment led the global PEX market in 2017 and is projected to witness significant growth over the forecast period. Growing construction activities across the globe are expected to boost product demand for this application. In addition, growing electrical & electronics industry in various regions including Asia Pacific, Latin America, and Middle East is anticipated to augment demand for wires & cables during the estimated period.
PEX tubing has excellent properties such as high temperature resistance, chemical stability and low moisture absorption which makes it suitable for use in plumbing applications across various industries such as water treatment plants or hydropower generation stations among others. It also finds its usage as a substitute of copper offering higher performance at lower costs which may drive its demand further down the road.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 35% of global demand in 2017 owing to increasing construction activities, especially in developing economies such as China and India. In addition, rising automotive production is also likely to drive product demand over the next eight years.
The Asia Pacific PEX market was followed by Europe with a share of more than 25% in terms of volume due to high consumption from several applications including wires & cables, plumbing, automotive, and others. Increasing industrialization coupled with stringent environmental regulations has led manufacturers operating within Europe's borders toward Cross-Linked Polyethylene (PEX) products for their piping needs; this trend is expected to continue over the forecast period as well.
Growth Factors:
- Growing demand from end-use industries such as construction, automotive and packaging is expected to drive the growth of PEX market over the forecast period.
- Increasing awareness about the benefits of using PEX as a piping material is projected to propel the growth of this market in near future.
- Rising demand for energy-efficient and environment-friendly products is anticipated to fuel the growth of PEX market in next few years.
- Technological advancements in manufacturing process are likely to boost the production capacity of this market over coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
PEX (Crossed-Linked Polyethylene) Market Research Report
By Type
HDPE, LDPE, Others (LLDPE, EVA, and POE)
By Application
Wires & Cables, Plumbing, Automotive, Others
By Companies
The Dow Chemical Company, Borealis AG, LyondellBasell, ExxonMobil Corporation, PolyOne Corporation, 3H Vinacom Co., Ltd., Falcone Specialities AG, Hanwha Chemical Corporation, HDC Hyundai EP, Solvay
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global PEX (Crossed-Linked Polyethylene) Market Report Segments:
The global PEX (Crossed-Linked Polyethylene) market is segmented on the basis of:
Types
HDPE, LDPE, Others (LLDPE, EVA, and POE)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Wires & Cables, Plumbing, Automotive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- The Dow Chemical Company
- Borealis AG
- LyondellBasell
- ExxonMobil Corporation
- PolyOne Corporation
- 3H Vinacom Co., Ltd.
- Falcone Specialities AG
- Hanwha Chemical Corporation
- HDC Hyundai EP
- Solvay
Highlights of The PEX (Crossed-Linked Polyethylene) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- HDPE
- LDPE
- Others (LLDPE, EVA, and POE)
- By Application:
- Wires & Cables
- Plumbing
- Automotive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PEX (Crossed-Linked Polyethylene) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PEX is a type of plastic pipe that is made from cross-linked polyethylene. It is often used to connect water pipes and other infrastructure in buildings.
Some of the major companies in the pex (crossed-linked polyethylene) market are The Dow Chemical Company, Borealis AG, LyondellBasell, ExxonMobil Corporation, PolyOne Corporation, 3H Vinacom Co., Ltd., Falcone Specialities AG, Hanwha Chemical Corporation, HDC Hyundai EP, Solvay.
The pex (crossed-linked polyethylene) market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PEX (Crossed-Linked Polyethylene) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. PEX (Crossed-Linked Polyethylene) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PEX (Crossed-Linked Polyethylene) Market - Supply Chain
4.5. Global PEX (Crossed-Linked Polyethylene) Market Forecast
4.5.1. PEX (Crossed-Linked Polyethylene) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PEX (Crossed-Linked Polyethylene) Market Size (000 Units) and Y-o-Y Growth
4.5.3. PEX (Crossed-Linked Polyethylene) Market Absolute $ Opportunity
5. Global PEX (Crossed-Linked Polyethylene) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. PEX (Crossed-Linked Polyethylene) Market Size and Volume Forecast by Type
5.3.1. HDPE
5.3.2. LDPE
5.3.3. Others (LLDPE, EVA, and POE)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PEX (Crossed-Linked Polyethylene) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. PEX (Crossed-Linked Polyethylene) Market Size and Volume Forecast by Application
6.3.1. Wires & Cables
6.3.2. Plumbing
6.3.3. Automotive
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PEX (Crossed-Linked Polyethylene) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. PEX (Crossed-Linked Polyethylene) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global PEX (Crossed-Linked Polyethylene) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. PEX (Crossed-Linked Polyethylene) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global PEX (Crossed-Linked Polyethylene) Demand Share Forecast, 2019-2026
9. North America PEX (Crossed-Linked Polyethylene) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America PEX (Crossed-Linked Polyethylene) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America PEX (Crossed-Linked Polyethylene) Market Size and Volume Forecast by Application
9.4.1. Wires & Cables
9.4.2. Plumbing
9.4.3. Automotive
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PEX (Crossed-Linked Polyethylene) Market Size and Volume Forecast by Type
9.7.1. HDPE
9.7.2. LDPE
9.7.3. Others (LLDPE, EVA, and POE)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America PEX (Crossed-Linked Polyethylene) Demand Share Forecast, 2019-2026
10. Latin America PEX (Crossed-Linked Polyethylene) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America PEX (Crossed-Linked Polyethylene) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America PEX (Crossed-Linked Polyethylene) Market Size and Volume Forecast by Application
10.4.1. Wires & Cables
10.4.2. Plumbing
10.4.3. Automotive
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PEX (Crossed-Linked Polyethylene) Market Size and Volume Forecast by Type
10.7.1. HDPE
10.7.2. LDPE
10.7.3. Others (LLDPE, EVA, and POE)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America PEX (Crossed-Linked Polyethylene) Demand Share Forecast, 2019-2026
11. Europe PEX (Crossed-Linked Polyethylene) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe PEX (Crossed-Linked Polyethylene) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe PEX (Crossed-Linked Polyethylene) Market Size and Volume Forecast by Application
11.4.1. Wires & Cables
11.4.2. Plumbing
11.4.3. Automotive
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PEX (Crossed-Linked Polyethylene) Market Size and Volume Forecast by Type
11.7.1. HDPE
11.7.2. LDPE
11.7.3. Others (LLDPE, EVA, and POE)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe PEX (Crossed-Linked Polyethylene) Demand Share, 2019-2026
12. Asia Pacific PEX (Crossed-Linked Polyethylene) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific PEX (Crossed-Linked Polyethylene) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific PEX (Crossed-Linked Polyethylene) Market Size and Volume Forecast by Application
12.4.1. Wires & Cables
12.4.2. Plumbing
12.4.3. Automotive
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PEX (Crossed-Linked Polyethylene) Market Size and Volume Forecast by Type
12.7.1. HDPE
12.7.2. LDPE
12.7.3. Others (LLDPE, EVA, and POE)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific PEX (Crossed-Linked Polyethylene) Demand Share, 2019-2026
13. Middle East & Africa PEX (Crossed-Linked Polyethylene) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa PEX (Crossed-Linked Polyethylene) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa PEX (Crossed-Linked Polyethylene) Market Size and Volume Forecast by Application
13.4.1. Wires & Cables
13.4.2. Plumbing
13.4.3. Automotive
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PEX (Crossed-Linked Polyethylene) Market Size and Volume Forecast by Type
13.7.1. HDPE
13.7.2. LDPE
13.7.3. Others (LLDPE, EVA, and POE)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa PEX (Crossed-Linked Polyethylene) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global PEX (Crossed-Linked Polyethylene) Market: Market Share Analysis
14.2. PEX (Crossed-Linked Polyethylene) Distributors and Customers
14.3. PEX (Crossed-Linked Polyethylene) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. The Dow Chemical Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Borealis AG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LyondellBasell
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ExxonMobil Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. PolyOne Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. 3H Vinacom Co., Ltd.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Falcone Specialities AG
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hanwha Chemical Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. HDC Hyundai EP
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Solvay
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook