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2017-04-22
The global Chlorinated Polyethylene market is projected to grow from USD 395.4 Million in 2015 to USD 620.2 Million by 2021, at a CAGR of 8.0% between 2016 and 2021. Chlorinated polyethylene is a family of thermoplastics produced by the chlorination of high-density polyethylene. Based on grade, chlorinated polyethylene can be classified into CPE 135A, CPE 135B, and others. In 2015, the CPE 135A grade segment led the global market, in terms of volume. Growth in the CPE 135A grade segment of the global market can be attributed to the increased usage of CPE 135A grade in the Impact Modifier application. Similarly, based on application, in 2015, the impact modifier segment accounted for the largest share of the global market, in terms of volume. Huge demand for PVC siding, pipes, window profiles, doors, and fences, among others from the building & construction industry drives growth of impact modifiers in this market.
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