Chlorinated Polyethylene Market Report: Trends, Insights, and Forecast for 2030

According to the study by Next Move Strategy Consulting, the Chlorinated Polyethylene Market size is predicted to reach USD 1.22 billion with a CAGR of 7.8% till 2030.

It exists in the form of white powder and is tasteless besides nontoxic as well as possesses remarkable properties such as lightweight, ozone resistance, chemical resistance, and oil resistance. CPE has better durability, higher whiteness, and is ideal for a wide range of applications in plastics and rubbers. It is recovered in a way to ensure cleanliness and is eco-friendly.

In addition, chlorinated polyethylene is used in various industrial applications such as molding, automotive, industrial hose, tubing, and others. It has high tensile strength, filler acceptance, and flame retardancy. CPE is also used in electrical wires to safeguard buildings as well as towers from electrical hazards.

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