Global PEX Market Size is estimated to expand rapidly in coming years, at a CAGR of 6.15 % from 2018 to 2025. In 2017, the global market valuation was USD 6.35 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Cross-linked polyethylene which is commonly abbreviated as PEX, XPE or XLPE is a form of polyethylene which has cross-links. They are commonly used in building pipeline services, domestic water piping, insulation of electrical cables and others. Low-temperature impact strength, resistance to abrasion and stress cracking resistance are some of the properties of PEX which are achieved by cross-linking. According to the research, the Asia Pacific region will hold the largest share in the market of PEX in the forecast period.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global PEX market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global PEX market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Type Insights: on the basis of type, global PEX market has been segmented into HDPE and LDPE. Among which HDPE is expected to lead the market in the forecast period. High-density polyethylene that is HDPE is a thermoplastic polymer produced from monomer ethylene which is also called as alkathene or polythene. HDPE is used in the production of plastic bottles and corrosion resistant piping. HDPE can be easily installed and can be recycled. According to the market HDPE is expected to see high growth in the forecast period due to increasing demand for these products from the construction industry.

By Technology Insights: On the basis of technology, global PEX market has been segmented into PEXA, PEXB and PEXC. Among which PEXA technology segment is expected to lead the market in the forecast period. PEXA polymer is produced with the help of the peroxide method. In this method, hot cross-linking is performed above the crystal melting point. This process takes slightly longer time to execute as compared to the other two technologies as the polymer has to be kept in high temperature for a long period.

By End-User Insights: On the basis of end user, global PEX market has been segmented into plumbing, wires & cables, automotive, medical, chemical industry. Amongst which wire and cables industry is expected to hold the highest share in the market of PEX. Since PEX are more suited for low and medium voltage applications, they are used in high voltage insulation cable. PEX is highly used in the plumbing industry due to flexibility, direct routing of pipes, lower material cost and easy installation. PEXs are also used in artificial joints, dental applications, watercraft, cable insulation, automatic duct, and housing application and others.

Regional Analysis

The PEX market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; the Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region, Asia Pacific region is expected to witness high growth in the market in the forecast period owing to the rapid industrialization and increasing demand from automotive, electrical and communication industry due to expanding transmission and wire lines. Low cost of raw material and easy availability of labors are key points for boosting the market in Asia Pacific region. North America is expected to witness high growth in upcoming time span due to high demand automotive, wire and cable industry. Technical advancements and government’s insistence for providing highly insulated wires and cables is also one of the reasons behind market uplifting. Europe is anticipated to dominate the global PEX market over the projected period majorly owing to high consumer awareness, better technological connectivity and ease of raw material and highly cost-effective business strategies. The growing residential and non-residential infrastructure in the Europe region leading to the construction and installation of pipelines will boost the market in the forecast period.

Global PEX Market Size, Share Analysis By Region 2017

Global PEX Market Study Objective

1. To forecast the market size of global PEX market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of the global PEX market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of global PEX market, such as drivers, restraints, challenges, and opportunities.

4. Regional analysis of global PEX market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the global PEX market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Borealis AG, Solvay, LyondellBasell, ExxonMobil Corporation, PolyOne Corporation, 3H Vinacom Co., Ltd., HDC Hyundai EP, Falcone Specialties AG and Hanwha Chemical Corporation are some of the key players in the market of PEX.

Global PEX Market Study Report Offer You!

The global PEX market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.