Market Research Logo

PEX (Crossed-Linked Polyethylene) Market by Type (HDPE, LDPE), Technology (PEXA, PEXB, PEXC), Application (Wires & Cables, Plumbing, Automotive), Region (APAC, Europe, North America, South America, Middle East & Africa) - Global Forecast to 2024

PEX (Crossed-Linked Polyethylene) Market by Type (HDPE, LDPE), Technology (PEXA, PEXB, PEXC), Application (Wires & Cables, Plumbing, Automotive), Region (APAC, Europe, North America, South America, Middle East & Africa) - Global Forecast to 2024

The growth of the construction, automotive, and power industries is expected to drive the PEX market.
The PEX market size is estimated to be USD 6.1 billion in 2019 and is projected to reach USD 8.3 billion by 2024, at a CAGR of 6%. The increasing demand for PEX wires & cables from the power, communication, and automotive industries is the major factor driving the global PEX demand during the forecast period. Furthermore, PEX is used in various applications such as building pipework and tubing systems, hydronic radiant heating, and cooling systems. However, PEX tubing cannot be used in applications exposed to sunlight and is vulnerable to being perforated by the mouthparts of plant-feeding insects. Moreover, there can be safety issues and chances of plumbing failure as well. These are some of the factors that are expected to restrain market growth during the forecast period.

HDPE is the largest and fastest-growing type of PEX.
HDPE is estimated to be the fastest-growing type of PEX between 2019 and 2024. HDPE is expected to register a slight increase in demand as compared to LDPE owing to its superior properties such as high tensile strength and resistance to cracks and deformation that occurs due to external factors such as temperature, stress/strain, and climatic changes. Furthermore, the rising demand for HDPE in developing countries worldwide owing to the steady growth in construction spending and improved investments in the industrial and public infrastructure are the key factors responsible for market growth.

PEXa is the largest technology of PEX.
The PEXa technology is estimated to lead the PEX market in 2019. It is the most frequently used technology for the production of PEX as it offers the maximum and the most uniform degree of cross-linking. PEXa has numerous advantages such as improved resistance to stress cracking, decent weatherability, better chemical resistance, and superb degradation stability. These properties are significant for cable insulation and pipe applications, thereby, driving the demand for PEXa technology.

Wires & cables is the largest application of PEX.
The wires & cables application is projected to lead the PEX market during the forecast period. PEX is extensively used as electrical insulation in power cables of all voltage ranges, though it is more appropriate for low and medium voltage applications. This is likely to drive the PEX market in the wires & cables application. PEX is the most common polymeric insulation material, which is resistant to weather, heat, and moisture. It delivers better protection to copper wires to transfer energy safely and efficiently. Hence, the growing demand for wires & cables from these applications is expected to drive the PEX market during the forecast period.

“APAC is the largest as well as the fastest-growing market for PEX.”
APAC (comprising China, Japan, India, South Korea, Australia and Rest of APAC) is estimated to be the largest and fastest-growing PEX market during the forecast period. The region’s rapid industrialization and expanding transmission & distribution lines in the electrical & communication industry drive the demand for PEX-based wires & cables. Extensive use of XLPE wires in automotive battery cables, wire & cable coating layer, motors, and other high-voltage resistance materials in APAC is also driving the PEX market. Moreover, the growing residential and non-residential infrastructures in this region are leading to the construction of pipelines and tubing, which is boosting the PEX market in the plumbing application as well.

Extensive primary interviews were conducted in the process of determining and verifying sizes of different types, technologies, and applications of the PEX market gathered through secondary research.
The breakdown of primary interviews is given below:
By Company Type: Tier 1 - 30%, Tier 2 - 43%, and Tier 3 - 27%
By Designation: C Level Executives - 21%, Director Level - 23%, and Others - 56%
By Region: North America - 30%, Europe - 18%, APAC - 41%, South America - 6%, Middle East & Africa - 5%

The key companies profiled in this report on the PEX market include The Dow Chemical Company (US), Borealis AG (Austria), Solvay (Belgium), LyondellBasell (Netherlands), ExxonMobil Corporation (US), PolyOne Corporation (US), 3H Vinacom Co., Ltd. (Vietnam), Falcone Specialities AG (Switzerland), Hanwha Chemical Corporation (South Korea), and HDC Hyundai EP (South Korea).

Research Coverage
The PEX market has been segmented based on type, technology, application, and region. This report covers the PEX market and forecasts its market size until 2024. It also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their position in the PEX market. The report also provides insights into the drivers and restraints in the PEX market along with opportunities and challenges. The report also includes profiles of top manufacturers in the PEX market.

Reasons to Buy the Report
The report is expected to help the market leaders/new entrants in the following ways:
1. This report segments the PEX market and provides the closest approximations of revenue numbers for the overall market and its segments across different verticals and regions.
2. This report is expected to help stakeholders understand the pulse of the PEX market and provide information on key market drivers, restraints, challenges, and opportunities influencing the market growth.
3. This report is expected to help stakeholders obtain an in-depth understanding of the competitive landscape of the PEX market and gain insights to improve the position of their businesses. The competitive landscape section includes detailed information on strategies such as new product launch and expansion.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • PEX MARKET SEGMENTATION
      • REGION COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • UNIT CONSIDERED
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • TOP-DOWN APPROACH
      • BOTTOM-UP APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE PEX MARKET
    • PEX MARKET GROWTH, BY TYPE
    • PEX MARKET, BY TYPE AND REGION
    • PEX MARKET, BY APPLICATION
    • PEX MARKET: MAJOR COUNTRIES
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER'S FIVE FORCES ANALYSIS
      • BARGAINING POWER OF SUPPLIERS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • MACROECONOMIC INDICATORS
      • INTRODUCTION
      • TRENDS AND FORECASTS OF GDP
        • Table TRENDS AND FORECAST OF PER CAPITA GDP (USD)
      • GLOBAL AUTOMOTIVE PRODUCTION
        • Table GLOBAL VEHICLE PRODUCTION 2018 (UNITS)
  • PEX MARKET, BY TYPE
    • INTRODUCTION
      • Table PEX MARKET SIZE, BY TYPE, 2017-2024 (USD MILLION)
      • Table PEX MARKET SIZE, BY TYPE, 2017-2024 (KILOTON)
    • HIGH-DENSITY POLYETHYLENE (HDPE)
      • NON CORROSIVE AND EFFICIENT PRICING MAKES HDPE PEX THE PREFERRED CHOICE IN PLUMBING APPLICATION
        • Table HDPE: PEX MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
        • Table HDPE: PEX MARKET SIZE, BY REGION, 2017-2024 (KILOTON)
    • LDPE
      • USAGE AT HIGHER OPERATING TEMPERATURES, MAKES CROSSLINKED LDPE A GOOD INSULATION MATERIAL IN WIRES & CABLES APPLICATION
        • Table LDPE: PEX MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
        • Table LDPE: PEX MARKET SIZE, BY REGION, 2017-2024 (KILOTON)
    • OTHERS
      • Table OTHERS: PEX MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
      • Table OTHERS: PEX MARKET SIZE, BY REGION, 2017-2024 (KILOTON)
  • PEX MARKET, BY TECHNOLOGY
    • INTRODUCTION
      • Table PEX MARKET SIZE, BY TECHNOLOGY, 2017-2024 (USD MILLION)
      • Table PEX MARKET SIZE, BY TECHNOLOGY, 2017-2024 (KILOTON)
    • PEXA
      • EXCELLENT HEAT STABILITY, BETTER HOT TEAR, AND ENHANCED STABILITY TO INCREASE THE USE OF PEXA TECHNOLOGY FOR CABLE INSULATION AND PLUMBING APPLICATIONS.
        • Table PEXA MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
        • Table PEXA MARKET SIZE, BY REGION, 2017-2024 (KILOTON)
    • PEXB
      • COST-EFFECTIVE AND HIGHER GEL PERCENTAGE TO DRIVE THE PEXB MARKET, GLOBALLY
        • Table PEXB MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
        • Table PEXB MARKET SIZE, BY REGION, 2017-2024 (KILOTON)
    • PEXC
      • ENERGY-EFFICIENT CHARACTERISTICS TO DRIVE THE PEXC MARKET IN END-USE APPLICATIONS, GLOBALLY
        • Table PEXC MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
        • Table PEXC MARKET SIZE, BY REGION, 2017-2024 (KILOTON)
  • PEX MARKET, BY APPLICATION
    • INTRODUCTION
      • Table PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • Table PEX MARKET SIZE, BY APPLICATION, 2017-2024 (KILOTON)
    • WIRES & CABLES
      • WIRES & CABLES TO BE THE LARGEST APPLICATION OF PEX
        • Table PEX MARKET SIZE IN WIRES & CABLES, BY REGION, 2017-2024 (USD MILLION)
        • Table PEX MARKET SIZE IN WIRES & CABLES, BY REGION, 2017-2024 (KILOTON)
    • PLUMBING
      • PEX PLUMBING INSTALLATIONS COST LESS THAN COPPER PIPES
        • Table PEX MARKET SIZE IN PLUMBING, BY REGION, 2017-2024 (USD MILLION)
        • Table PEX MARKET SIZE IN PLUMBING, BY REGION, 2017-2024 (KILOTON)
    • AUTOMOTIVE
      • LOW PRODUCTION COST AND EASY AVAILABILITY ARE FACTORS RESPONSIBLE FOR THE HIGH CONSUMPTION OF PEX IN THE AUTOMOTIVE APPLICATION
        • Table PEX MARKET SIZE IN AUTOMOTIVE, BY REGION, 2017-2024 (USD MILLION)
        • Table PEX MARKET SIZE IN AUTOMOTIVE, BY REGION, 2017-2024 (KILOTON)
    • OTHERS
      • Table PEX MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2017-2024 (USD MILLION)
      • Table PEX MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2017-2024 (KILOTON)
  • PEX MARKET, BY REGION
    • INTRODUCTION
      • Table PEX MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
      • Table PEX MARKET SIZE, BY REGION, 2017-2024 (KILOTON)
      • Table PEX MARKET SIZE, BY TECHNOLOGY, 2017-2024 (USD MILLION)
      • Table PEX MARKET SIZE, BY TECHNOLOGY, 2017-2024 (KILOTON)
      • Table PEX MARKET SIZE, BY TYPE, 2017-2024 (USD MILLION)
      • Table PEX MARKET SIZE, BY TYPE, 2017-2024 (KILOTON)
      • Table PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • Table PEX MARKET SIZE, BY APPLICATION, 2017-2024 (KILOTON)
    • APAC
      • Table APAC: PEX MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • Table APAC: PEX MARKET SIZE, BY COUNTRY, 2017-2024 (KILOTON)
      • Table APAC: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • Table APAC: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (KILOTON)
      • CHINA
        • Table CHINA: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • JAPAN
        • Table JAPAN: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • INDIA
        • Table INDIA: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • AUSTRALIA
        • Table AUSTRALIA: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • REST OF APAC
        • Table REST OF APAC: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
    • EUROPE
      • Table EUROPE: PEX MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • Table EUROPE: PEX MARKET SIZE, BY COUNTRY, 2017-2024 (KILOTON)
      • Table EUROPE: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • Table EUROPE: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (KILOTON)
      • GERMANY
        • Table GERMANY: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • ITALY
        • Table ITALY: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • UK
        • Table UK: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • FRANCE
        • Table FRANCE: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • RUSSIA
        • Table RUSSIA: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • TURKEY
        • Table TURKEY: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: PEX MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • Table NORTH AMERICA: PEX MARKET SIZE, BY COUNTRY, 2017-2024 (KILOTON)
      • Table NORTH AMERICA: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • Table NORTH AMERICA: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (KILOTON)
      • US
        • Table US: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • CANADA
        • Table CANADA: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • MEXICO
        • Table MEXICO: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: PEX MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • Table SOUTH AMERICA: PEX MARKET SIZE, BY COUNTRY, 2017-2024 (KILOTON)
      • Table SOUTH AMERICA: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • Table SOUTH AMERICA: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (KILOTON)
      • BRAZIL
        • Table BRAZIL: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: PEX MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: PEX MARKET SIZE, BY COUNTRY, 2017-2024 (KILOTON)
      • Table MIDDLE EAST & AFRICA: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (KILOTON)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • UAE
        • Table UAE: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • REST OF THE MIDDLE EAST & AFRICA
        • Table REST OF THE MIDDLE EAST & AFRICA: PEX MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • RANKING OF KEY PLAYERS
    • COMPETITIVE SCENARIO
      • EXPANSION
        • Table EXPANSION, 2014-2018
      • MERGER & ACQUISITION
        • Table MERGER & ACQUISITION, 2014-2018
      • JOINT VENTURE
        • Table JOINT VENTURE, 2014-2018
      • NEW PRODUCT LAUNCH
        • Table NEW PRODUCT LAUNCH, 2014-2018
  • COMPANY PROFILES
    • THE DOW CHEMICAL COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • BOREALIS AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SOLVAY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • LYONDELLBASELL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • EXXONMOBIL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • POLYONE CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • 3H VINACOM CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • FALCONE SPECIALITIES AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • HANWHA CHEMICAL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • HDC HYUNDAI EP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • OTHER COMPANY PROFILES
      • KKALPANA GROUP
      • POLYLINK POLYMERS (INDIA) LTD.
      • SACO AEI POLYMERS
      • ZHEJIANG WANMA MACROMOLECULE MATERIAL CO., LTD
      • SANKHLA POLYMERS PVT. LTD.
      • SILON S.R.O
      • CHARLOMA INC.
      • HIBCO PLASTICS INC.
      • JANCO INC.
      • ZIMMER INC.
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook