Cross-Linked Polyethylene (PEX) Market Report: Trends, Forecast and Competitive Analysis to 2030

Cross-Linked Polyethylene (PEX) Trends and Forecast

The future of the global Cross-Linked Polyethylene (PEX) market looks promising with opportunities in the wire & cable, plumbing, and automotive markets. The global Cross-Linked Polyethylene (PEX) market is expected to reach an estimated $12.0 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are superior qualities in comparison to traditional materials, expansion of the solar energy market, and widespread usage in the medical packaging sector.

A more than 150-page report is developed to help in your business decisions.

Cross-Linked Polyethylene (PEX) by Segment

The study includes a forecast for the global Cross-Linked Polyethylene (PEX) by technology, type, end use, and region.

Cross-Linked Polyethylene (PEX) Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• PEXa
• PEXb
• PEXc

Cross-Linked Polyethylene (PEX) Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• HDPE
• LDPE
• Others

Cross-Linked Polyethylene (PEX) Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Wires & Cables
• Plumbing
• Automotive
• Others

Cross-Linked Polyethylene (PEX) Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Cross-Linked Polyethylene (PEX) Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies Cross-Linked Polyethylene (PEX) companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the Cross-Linked Polyethylene (PEX) companies profiled in this report include-

• Dow
• Borealis
• LyondellBasell Industries
• Avient
• Exxon Mobil
• Finproject
• SACO AEI Polymers
• HDC Hyundai
• 3H Vinacom
• HANWHA solution chemical

Cross-Linked Polyethylene (PEX) Market Insights

Lucintel forecasts that HDPE will remain the larger segment over the forecast period because of extensive use of these cables in a variety of applications, such as pipeline and plumbing construction.

APAC will remain the largest region over the forecast period due to the ongoing growth of the building sector and increased R&D expenditures by significant industry participants.

Features of the Global Cross-Linked Polyethylene (PEX) Market

Market Size Estimates: Cross-linked polyethylene (PEX) market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Cross-linked polyethylene (PEX) market size by technology, type, end use, and region in terms of value ($B).

Regional Analysis: Cross-linked polyethylene (PEX) market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technology, type, end use, and regions for the Cross-Linked Polyethylene (PEX) market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the Cross-Linked Polyethylene (PEX) market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the Cross-Linked Polyethylene (PEX) market size?

Answer: The global Cross-Linked Polyethylene (PEX) market is expected to reach an estimated $12.0 billion by 2030.

Q2. What is the growth forecast for Cross-Linked Polyethylene (PEX) market?

Answer: The global Cross-Linked Polyethylene (PEX) market is expected to grow with a CAGR of 7.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the Cross-Linked Polyethylene (PEX) market?

Answer: The major drivers for this market are superior qualities in comparison to traditional materials, expansion of the solar energy market, and widespread usage in the medical packaging sector.

Q4. What are the major segments for Cross-Linked Polyethylene (PEX) market?

Answer: The future of the global Cross-Linked Polyethylene (PEX) market looks promising with opportunities in the wire & cable, plumbing, and automotive markets.

Q5. Who are the key Cross-Linked Polyethylene (PEX) market companies?

Answer: Some of the key Cross-Linked Polyethylene (PEX) companies are as follows.

• Dow
• Borealis
• LyondellBasell Industries
• Avient
• Exxon Mobil
• Finproject
• SACO AEI Polymers
• HDC Hyundai
• 3H Vinacom
• HANWHA solution chemical

Q6. Which Cross-Linked Polyethylene (PEX) market segment will be the largest in future?

Answer: Lucintel forecasts that HDPE will remain the larger segment over the forecast period because of extensive use of these cables in a variety of applications, such as pipeline and plumbing construction.

Q7. In Cross-Linked Polyethylene (PEX) market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to the ongoing growth of the building sector and increased R&D expenditures by significant industry participants.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the Cross-Linked Polyethylene (PEX) market by technology (PEXa, PEXb, and PEXc), type (HDPE, LDPE, and others), end use (wires & cables, plumbing, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?