Global Cross-linked Polyethylene Pipes Market: Introduction
Cross-linked polyethylene pipe is also termed as PEX pipe. Polyethylene material starts to flow above its melting point and loses its valuable mechanical properties, which limit its working at high temperatures. The nature of the polyethylene material can be changed from thermoplastic to thermoset to form a more temperature-resistant plastic with superior mechanical strength by cross-linked formulation packaging, medical, consumer goods, and insulation are variety of applications of polyethylene. Chains merge through covalent bonds to form a three-dimensional cross-linked insoluble and infusible product in cross-linked polyethylene. Cross-linking of polyethylene results in a polymer that has high molecular weight, which improves impact strength, corrosion resistance, scaling resistance, freeze damage resistance. Installation of cross-lined polyethylene pipe is easier than that of the rigid pipe. Cross-lined polyethylene pipe are available in long coils that eliminate the need for coupling joints. Rising demand for cross-lined polyethylene pipe from end-use industry such as residential and commercial plumbing in emerging economies is projected to drive the cross-linked polyethylene pipes market during the forecast period.
Global Cross-linked Polyethylene Pipes Market: Segmentation
The global cross-linked polyethylene pipes market can be segmented based on type, method, application, and region. In terms of type, the global cross-linked polyethylene pipes market can be divided into S3.2, S4, S5, and S6.3. Based on method, the cross-linked polyethylene pipes market can be segregated into Engel or peroxide method (PEX-A), silane method (PEX-B), and e-beam method (PEX-C).The PEX-A segment of the cross-linked polyethylene pipes market is projected to expand at a considerable pace due to rising demand for the pipes owing to superior material properties such as high resistance to crack propagation.
In terms of application, the global cross-linked polyethylene pipes market can be categorized into plumbing, radiant heating, snow-melting, solar/swimming pool heating, agricultural & turf applications, and others. Plumbing is presently a major application segment of the cross-linked polyethylene pipes market, as these pipes are primarily applied in the construction of sewer systems and water transmission systems. Expenditure on the construction to manage water supply and sewage is increasing in emerging economies. This, in turn, is projected to drive the cross-linked polyethylene pipes market during the forecast period.
Global Cross-linked Polyethylene pipes market: Regional Outlook
Based on region, the global cross-linked polyethylene pipes market can be classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Demand for the cross-linked polyethylene pipe in North America is mainly from well-developed sewerage and water transmission systems. There are several opportunities for further widespread use of cross-linked polyethylene pipes in the U.S. residential market. Development of manifolds and parallel plumbing systems for flexible piping is estimated to propel the demand for cross-linked polyethylene pipes market. These pipes are approved for potable hot and cold water supply systems and heating systems in all model plumbing and mechanical codes across the U.S. and Canada.
Rapid upgrading of public infrastructure, which include water supply and sewage management systems, in China and India is projected to create lucrative opportunities in the cross-linked polyethylene pipes market in Asia Pacific. Additionally, growth in mining and chemical manufacturing industries is expected to fuel the cross-linked polyethylene pipes market in the region during the forecast period. The cross-linked polyethylene pipes market in Europe is projected to expand at a moderate pace owing to less expenditure on infrastructure development in the region.
Global Cross-linked Polyethylene Pipes Market: Competitive Landscape
Key manufacturers operating in the global cross-linked polyethylene pipes market include JM EAGLE INC., Solvay, Mexichem S.A.B. de C.V. , PIPELIFE INTERNATIONAL GmbH, REHAU, Borealis AG,UPONOR, PLUMBING MATERIALS CB, WATTS, MARLEY SA GROUP and TIANJIN JUNXING PIPE GROUP CO.,LTD.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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