Chlorinated Polyolefin Market worth USD 4,848.85 million by 2033

The Market Statsville Group (MSG) publishes the new report on the "Chlorinated Polyolefin Market by Type (CPE, CR, CPP, CPVC), by Application (Adhesives and Sealants, Paints and Coatings, Thermoplastics, Others), By Region – Global Share and Forecast to 2033

According to the Market Statsville Group (MSG), the global chlorinated polyolefin market size is expected to grow from USD 2,864.89 million in 2022 to USD 4,848.85 million by 2033, at a CAGR of 4.9% from 2023 to 2033.

The chlorinated polyolefin market consists of sales of chlorinated polyolefin services by entities (organizations, sole traders, and partnerships). The main growth driver for chlorinated polyolefin adhesives is its usage as an adhesion booster, heat retardant and others, paving the way for the market growth during the forecasting period. Furthermore, demand for PVC as a substrate for the production of chlorinated polyvinyl chloride is high. This is mainly attributed to its consumption in end uses such as pipes & fittings. In addition, superior properties of CPVC such as high impact- and heat-resistance have been recognized by various end-use industries, thus propelling its consumption. Moreover, product launch and acquisition are emerging as significant marketing strategies by the key players will create a lot of opportunity in the market over the forecasting period. On the other hand, The introduction of alternative products containing non-chlorinated polyolefin will hamper the growth of the market during the forecasting period across the globe.

Global Chlorinated Polyolefin Market Segmentation

The overall chlorinated polyolefin market has been segmented into type, application, and region.

• By Type (CPE, CR, CPP, CPVC)
• By Application (Adhesives and Sealants, Paints and Coatings, Thermoplastics, Others)
• By Region (US, Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, UAE, South Africa, Qatar, Nigeria, Israel, Brazil, Argentina, Peru)

CPP segment is at the highest CAGR during the forecast period

CPP segment is expected to grow at the highest CAGR during the forthcoming period. Polypropylene CPP Resin is a solvent soluble chlorinated polypropylene adhesion promoter for polyolefin substrates. It has excellent adhesion to PP, PE, EPDM & TPO materials. It is non-toxic, inodorous, has no solvent residue. It is water-resistant, acid-resistant and alkali-resistant. The composite ink made by CPP has stable performance and good filming property.

Therefore, due to the excellent properties of Low Chlorinated CPP Resin, they are widely used in inks, coatings and adhesives, etc. Due to these reasons this segment is likely to grow over the forecast period.

Don't miss out on business opportunities in Chlorinated Polyolefin Market. Speak to our research analyst and gain crucial market insights that will benefit your business grow.

The Asia Pacific to account for the highest CAGR during the forecast period

Over the forecast period, the Asia Pacific market is expected to grow rapidly due to expansion in the automotive and construction industries from emerging countries. Product advancements, strong R&D endeavours, and increasing demand from diverse end-use sectors have further increased demand for chlorinated polyolefin adhesion promoter in these regions.

India is expected to be the most appealing market for chlorinated polyethylene (CPE) sales in South Asia and Oceania. The rising demand for chlorinated polyolefins as an impact modifier in pipes and fittings would be the primary driver of market growth in the country. The overall consumption of chlorinated polypropylene in India in 2021 was 39.5 KT. These forecasts were developed in light of the country's overall increased infrastructure spending. For instance, the government wants to build over 20 million affordable houses by the end of 2022, which would necessitate extensive pipe and fitting utilization.

This research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the chlorinated polyolefin market. It also consists of the profiles of leading companies such as Lubrizol, Eastman, TOYOBO, Sekisui, Kaneka, Covestro, Advanced Polymer, Nippon Paper Industries, Yaxing Chemical, Hangzhou Keli Chemical, Shandong Xuye New Materials, Shandong Gaoxin Chemical, Shandong Aoxing New Material, Jiangsu Tianteng, Qingdao Haijing Chemical, Shanghai Chlor-Alkali Chemical, Weihai Jinyuan Group, Shandong Tianchen Chemical, Golden Success Chemical, Ningbo haoxin yuron new material co., ltd. The key players' growing research and development activities for launching innovative healthcare devices with advanced features and strategic unions are expected to drive market growth.

About Market Statsville Group

Market Statsville Group (MSG) is a business research and consulting platform of Statsville Consulting Private Limited, based in Oklahoma, USA. MSG is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in market sizing, analysis, and intelligent business insights. MSG has experienced research analysts who are proficient at digging deep and providing various customizable data that help you make decisions with clarity, confidence, and impact. Furthermore, Market Statsville Group already benefited more than 1,000 companies each year for their revenue planning. It helped them take their disruptions/innovations early to the market by providing them research ahead of the curve.

MSG has an entire repository of research reports on more than 1,000 niche industries, 3,000 high-growth potentials markets, 5,000 data sets, and more than 12,000 company profiles.

Contact Us:

Market Statsville Group

800 Third Avenue Suite A #1519

New York, US 10022

USA: +1 646-663-5829 | +91 702 496 8807

Email: sales@marketstatsville.com

Web: www.marketstatsville.com