Chlorinated Polyethylene Market Size, Share, Demand and Growth Analysis by 2032
The global chlorinated polyethylene market is predicted to witness a moderate growth rate of 7.2% during the forecast years of 2022 to 2032. The net worth of the global chlorinated polyethylene market share is expected to reach US$ 1.3 Billion by the year 2032, increasing from US$ 620.2 Million in the year 2021. Chlorinated polyethylene or CPE is a material made by exchanging hydrogen atoms for chlorine atoms in high-density polyethylene or HDPE polymers generally available in white powder. Chlorinated polyethylene elastomer has improved durability and whiteness. It is suitable for a wide range of applications in plastics and rubbers, making it an excellent choice for different types of end products. The replacement of wood and steel with plastics in the construction of doors and windows is driving the demand for chlorinated polyethylene. The sales of chlorinated polyethylene have boomed as a result of the introduction of PVC plastic profiles f...