Chlorinated polyethylene resins and elastomer market forecast at $1.29 billion by 2032

Pune, India – The chlorinated polyethylene resins and elastomers market is anticipated to generate US$ 600 million by 2022 and US$ 1,297 million by 2032, growing at a CAGR of 8% according to Future Market Insights.

Thermoplastic polymers with improved physical and chemical properties include chlorinated polyethylene (CPE) resins and elastomers. These are employed as thermoplastic elastomer modifiers for several resins, including polyethylene, polyvinyl chloride, and acrylonitrile butadiene styrene (ABS) (PE). Resins made of chlorinated polyethylene are resistant to abrasion, chemicals, heat, fire, and oil.

The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.

The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Chlorinated Polyethylene Resins and Elastomers (CPE) market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

The FMI’s Chlorinated Polyethylene Resins and Elastomers (CPE) market report provides a comprehensive analysis on key players operating in the Chlorinated Polyethylene Resins and Elastomers (CPE) market.

Some of the key participants present in the global demand of Chlorinated Polyethylene Resins market include Dow Chemical Company, Sundow Polymers Co. Ltd., Lianda Corporation, Du Pont, Novista – Sanyi Chemical, Weifang Polygrand Chemical Co. Ltd., Shandong SanyiIndustrial Co. Ltd., Cevo Industry Company Ltd. among others., among others.