Chlorinated Polyethylene Price Trends and Forecast
Get the latest insights on price movement and trend analysis of Chlorinated Polyethylene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Chlorinated Polyethylene Price Trend for Q1 of 2024
Asia
During the first quarter of 2024, the chlorinated polyethylene (CPE) market in Asia was characterized as moderate. Buyers had the advantage since the prices sustained a borderline stagnancy, indicating stable cost and profit margins. In the upstream outlooks, the polyethylene prices surged, which pushed the costs up slightly; concurrently, chlorine’s market was more or less stable. Therefore, chlorinated polyethylene’s price performance improved in the said quarter. However, consumer response in Asian markets did not meet expectations.
Chlorinated Polyethylene Price Chart
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The prices of CPE in India were influenced marginally by rising production and crude oil costs. In China, impending capacity expansions are expected to further strengthen the supply dynamic in the region. Asia is likely to dominate global chlorinated polyethylene production, with the market remaining relatively stable overall during the period under consideration.
Europe
The pricing outlook for chlorinated polyethylene was not much different from the Asian markets. However, the demand outlooks were struggling more here. The industrial activity in the region was trembling attributed to the supply chain hindrances and ongoing uncertainties in the political scenarios. This kept the downstream demands restricted. The rise in economic inflation and energy costs pushed the manufacturing costs up. However, a humble demand outlook kept the prices contained for the majority of said period.
North America
In contrast with the Asian and European markets the American chlorinated polyethylene market performance was more on the weaker side during the first quarter of 2024. Despite spikes in crude oil prices, trade uncertainties at global levels dampened demand, exacerbated by inflated inventories. Even with occasional temporary upticks, the market sentiments remained meek for the majority of the said period.
Analyst Insight
According to Procurement Resource, the market trajectory is likely to become more streamlined in the coming months. Supply pressure from the inventories is likely to increase.
Procurement Resource provides latest prices of Chlorinated Polyethylene. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Chlorinated Polyethylene (CPE) is a versatile thermoplastic material created by chlorinating polyethylene. It is highly valued for its excellent resistance to weather, chemicals, and heat, as well as its flexibility and toughness. CPE is widely used in applications such as wire and cable jacketing, roofing membranes, and automotive parts. Additionally, its properties make it suitable for use in the production of hoses, pool liners, and impact modifiers for plastics. CPE's durability and resistance make it ideal for harsh environmental conditions.
Report Features | Details |
Product Name | Chlorinated Polyethylene |
Chemical Formula | C4H7Cl |
Industrial Uses | Wire and Cable Jacketing, Roofing Membranes, Hose and Tubing, Automotive Parts, Window and Door Profiles, Pool Liners, Impact Modifiers |
CAS number | 63231-66-3 |
Supplier Database | SHOWA DENKO K.K., Hangzhou Keli Chemical Co., Ltd, Shandong Novista Chemical Ltd., Dow, Sundow Polymers Co., Ltd. |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The production process begins when polyethylene powder is dispersed in the aqueous phase medium, and chlorine gas is introduced to chlorinate the modified polyethylene. The reaction yields chlorinated polyethylene (CPE) as the end product, which is further used to manufacture various CPE products.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e., government agencies, external trade bodies, and industry publications).
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